| Name | Value |
|---|---|
| Revenues | 2,157.4M |
| Cost of Revenue | 15.8M |
| Gross Profit | 2,141.7M |
| Operating Expense | 61.9M |
| Operating I/L | 2,092.0M |
| Other Income/Expense | -1,256.7M |
| Interest Income | 1,532.5M |
| Pretax | 835.2M |
| Income Tax Expense | -7.8M |
| Net Income/Loss | 832.4M |
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.