NLY (NLY)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$139.08B
EV / Sales19.10
EV / EBITDA17.05
EV / Operating Cash Flow156.90
EV / Free Cash Flow-1343.41

Return Metrics (TTM)

Return on Equity (ROE)18.39%
Return on Assets (ROA)2.05%
Return on Invested Capital (ROIC)5.74%
Return on Capital Employed (ROCE)14.81%

Yield Metrics

Earnings Yield17.77%
Free Cash Flow Yield-0.61%

Balance Sheet Strength

Net Debt / EBITDA14.96
Current Ratio0.04
Working Capital-$84.96B
Tangible Asset Value$16.97B
Net Current Asset Value-$123.00B

Working Capital Efficiency

Days Sales Outstanding42.42
Days Payables Outstanding2296.87
Operating Cycle (Days)42.42
Cash Conversion Cycle-2254.45

Capital Allocation

CapEx / Revenue13.59%
CapEx / Operating Cash Flow111.68%
R&D / Revenue0.00%
SG&A / Revenue0.80%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin99.92%
Operating Margin102.58%
Net Profit Margin30.28%

Solvency

Debt / Equity6.95
Quick Ratio0.03
Cash Ratio0.02

Per Share

Revenue / Share$10.47
FCF / Share-$0.35
PE Ratio7.66