| Name | Value |
|---|---|
| Revenues | 1,951.4M |
| Cost of Revenue | 0.7M |
| Gross Profit | 1,950.8M |
| Operating Expense | 0.0M |
| Operating I/L | 1,635.1M |
| Other Income/Expense | -1,151.6M |
| Interest Income | 1,338.9M |
| Pretax | 483.5M |
| Income Tax Expense | 10.4M |
| Net Income/Loss | 482.1M |
Annaly Capital Management, Inc. is a diversified capital manager specializing in mortgage finance and corporate middle market lending. The company generates revenue through investments in agency mortgage-backed securities, mortgage servicing rights, commercial mortgage-backed securities, residential mortgage assets, credit risk transfer securities, corporate debts, and commercial real estate. As a real estate investment trust (REIT), it is exempt from federal income tax if it distributes its taxable income to shareholders. Founded in 1996, Annaly Capital Management, Inc. operates as a REIT, focusing on mortgage and real estate-related investments to drive its financial performance.