Skip to content
Tax

Tax Reconciliation - Tax Exempt Income

Annaly Capital Management Tax Reconciliation - Tax Exempt Income decreased by 42.8% to 11.1% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.0%, from 14.6% to 11.1%. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase indicates a higher proportion of tax-advantaged income, potentially improving net income without increasing pre-tax profitability.

Detailed definition

Represents the reduction in income tax expense resulting from income sources that are legally excluded from taxable inco...

Peer comparison

Common in REITs and municipal bond-focused financial institutions.

Metric ID: ms_tax_reconciliation_tax_exempt_income

Historical Data

11 periods
 Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value21%25.2%24.5%-258.9%3.2%22.5%14.6%8.8%22.6%19.4%11.1%
QoQ Change+20.0%-2.8%<-999%+101.2%+603.1%-35.1%-39.7%+156.8%-14.2%-42.8%
YoY Change+20.0%-10.7%-40.4%+103.4%+606.3%-13.8%-24.0%
Range-258.9%25.2%
CAGR-22.5%
Avg YoY Growth+91.5%
Median YoY Growth-10.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Annaly Capital Management's tax reconciliation - tax exempt income?
Annaly Capital Management (NLY) reported tax reconciliation - tax exempt income of 11.1% in Q1 2026.
How has Annaly Capital Management's tax reconciliation - tax exempt income changed year-over-year?
Annaly Capital Management's tax reconciliation - tax exempt income decreased by 24.0% year-over-year, from 14.6% to 11.1%.
What does tax reconciliation - tax exempt income mean?
The amount of income that is not subject to income tax.