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Annaly Capital Management NLY Number of subsidiaries

Number of subsidiaries at other companies

Wintrust Financial logo
Wintrust FinancialWTFC
160.0%
Priority Technology Holdings logo
Priority Technology HoldingsPRTH
$7
Priority Technology Holdings logo
Priority Technology HoldingsPRTH
7
The Vita Coco Company, Inc. logo
The Vita Coco Company, Inc.COCO
40.0%
The Vita Coco Company, Inc. logo
The Vita Coco Company, Inc.COCO
40.0%
OFG Bancorp logo
OFG BancorpOFG
0.30.0%

Other financials

Income statement

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Revenue$1.8B+27.7%
Net income$822.7M+1,341%
EPS (diluted)$1.06+3,433%

Balance sheet

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Cash & equivalents$2.9B+41.4%
Total debt$34.2M+17.4%
Total equity$16.9B+26.5%
Total assets$143.74B+28.2%

Cash flow

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Operating cash flow$1.6B+796%

Valuation

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Market cap$17.09B+29.3%
Enterprise value$14.21B+27.0%
P/E5.8×-12.3×
P/S2.5×0.0×

Profitability

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Net margin43.7%+29.9pp

Returns & leverage

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Return on equity19.5%+13.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Annaly Capital Management in its filing.

Tagged under the XBRL concept nly:RepurchaseAgreementsNumberOfSubsidiariesWithRecourseForObligationsAsSellers.

The source filing: Annaly Capital Management’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001043219-26-000013

The Company pledged securities retained from its OBX Trusts to a structured repurchase transaction, OBX 2025-SR1, to diversify its financing sources. The OBX 2025-SR1 Trust is deemed to be a VIE because the entity does not have sufficient equity at risk to finance its activities without additional subordinated financial support. The Company is deemed to be the primary beneficiary and consolidates the OBX 2025-SR1 Trust because it has power to direct the activities that most significantly impact the OBX Trusts’ performance and holds a variable interest that could be potentially significant to these VIEs. The securities issued by the OBX 2025-SR1 Trust are recognized as Debt issued by securitization vehicles in the Consolidated Statements of Financial Condition with changes in fair value recognized in the Consolidated Statements of Comprehensive Income (Loss). The changes in the estimated fair value are presented within Net gains (losses) on investments and other. This transaction provides recourse to the Company and two of its subsidiaries for their obligations as sellers under repurchase agreements.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Annaly Capital Management's number of subsidiaries?
Annaly Capital Management (NLY) reported number of subsidiaries of 0.5 in Q4 2025.
What does number of subsidiaries mean?
Indicates the organizational complexity and the number of legal entities utilized to manage repurchase agreement financing. This provides insight into the company's structural risk and financing operations.

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