Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 86.92% is 76% above its 5-year average of 49.32%, near the high end of its 5-year range (5.53%–86.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.45% above its 12-month average of 84.84%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 86.92%.
DEBT TO ASSETS RATIO
86.92%
DEBT TO ASSETS RATIO AVG TTM
84.84%
DEBT TO ASSETS RATIO AVG 3Y
84.72%
DEBT TO ASSETS RATIO AVG 5Y
49.32%
DEBT TO ASSETS RATIO AVG 10Y
30.88%
DEBT TO ASSETS RATIO AVG 15Y
6.05%
DEBT TO ASSETS RATIO AVG 20Y
4.65%
CURRENT VS TTM AVG
+2.45%
CURRENT VS 3Y AVG
+2.59%
CURRENT VS 5Y AVG
+76.25%
CURRENT VS 10Y AVG
+181.49%
CURRENT VS 15Y AVG
+1337.25%
CURRENT VS 20Y AVG
+1767.56%
SECTOR MEDIAN · REAL ESTATE
0.45%
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
+19432.72%
vs the sector median at left
Annaly Capital Management, Inc.
Market Cap
$13.94B
Debt to Assets Ratio
86.92%
TTM Avg
84.84%
3Y Avg
84.72%
5Y Avg
49.32%
Market Cap
$13.65B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.43B
Debt to Assets Ratio
0.48%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.42B
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.08B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.00B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.45B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.47B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Annaly Capital Management, Inc. (NLY) | $13.94B | 86.92% | 84.84% | 84.72% | 49.32% |
| Sun Communities, Inc. (SUI)vs › | $13.65B | 0.37% | N/A | N/A | N/A |
| Healthpeak Properties, Inc. (DOC)vs › | $13.43B | 0.48% | N/A | N/A | N/A |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $13.42B | 0.47% | N/A | N/A | N/A |
| Weyerhaeuser Company (WY)vs › | $13.32B | 0.33% | N/A | N/A | N/A |
| Regency Centers Corporation (REG)vs › | $13.08B | 0.42% | N/A | N/A | N/A |
| Kimco Realty Corporation (KIM)vs › | $15.00B | 0.44% | N/A | N/A | N/A |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.45B | 0.43% | N/A | N/A | N/A |
| Invitation Homes Inc. (INVH)vs › | $15.47B | 0.46% | N/A | N/A | N/A |
| CoStar Group, Inc. (CSGP)vs › | $11.09B | 0.11% | N/A | N/A | N/A |
Debt/Assets
86.9%
Debt/Equity
7.38
Current Ratio
0.04
Interest Coverage
1.4x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 86.92% |
| 2026-03-31 | 84.39% |
| 2025-12-31 | 82.49% |
| 2025-09-30 | 85.03% |
| 2025-06-30 | 85.39% |
| 2025-03-31 | 84.32% |
| 2024-12-31 | 86.53% |
| 2024-09-30 | 84.84% |
| 2024-06-30 | 83.46% |
| 2024-03-31 | 83.88% |
| 2023-12-31 | 14.44% |
| 2023-09-30 | 12.57% |
| 2023-06-30 | 12.08% |
| 2023-03-31 | 11.20% |
| 2022-12-31 | 11.06% |
| 2022-09-30 | 10.66% |
| 2022-06-30 | 11.15% |
| 2022-03-31 | 11.04% |
| 2021-12-31 | 81.76% |
| 2021-09-30 | 6.94% |
| 2021-06-30 | 5.53% |
| 2021-03-31 | 4.87% |
| 2020-12-31 | 81.26% |
| 2020-09-30 | 8.29% |
| 2020-06-30 | 9.10% |
| 2020-03-31 | 8.93% |
| 2019-12-31 | 8.11% |
| 2019-09-30 | 6.83% |
| 2019-06-30 | 6.14% |
| 2019-03-31 | 7.01% |
| 2018-12-31 | 7.60% |
| 2018-09-30 | 7.95% |
| 2018-06-30 | 6.88% |
| 2018-03-31 | 7.02% |
| 2017-12-31 | 7.00% |
| 2017-09-30 | 7.57% |
| 2017-06-30 | 8.87% |
| 2017-03-31 | 9.07% |
| 2016-12-31 | 8.95% |
| 2016-09-30 | 9.04% |
| 2016-06-30 | 9.88% |
| 2016-03-31 | 9.99% |
| 2015-12-31 | 6.30% |
| 2015-09-30 | 4.11% |
| 2015-06-30 | 3.94% |
| 2015-03-31 | 3.05% |
| 2014-12-31 | 1.43% |
| 2014-09-30 | 1.32% |
| 2014-06-30 | 1.30% |
| 2014-03-31 | 1.36% |
| 2013-12-31 | 1.05% |
| 2013-09-30 | 0.92% |
| 2013-06-30 | 0.84% |
| 2013-03-31 | 0.66% |
| 2012-12-31 | 0.62% |
| 2012-09-30 | 0.71% |
| 2012-06-30 | 0.97% |
| 2012-03-31 | 0.44% |
| 2011-12-31 | 0.49% |
| 2011-09-30 | 0.49% |
| 2011-06-30 | 0.60% |
| 2011-03-31 | 1.56% |
| 2010-12-31 | 0.72% |
| 2010-09-30 | 2.97% |
| 2010-06-30 | 2.74% |
| 2010-03-31 | 0.92% |
| 2009-12-31 | 0.81% |
| 2009-09-30 | 1.12% |
| 2009-06-30 | 1.06% |
| 2009-03-31 | 1.67% |
| 2008-12-31 | 1.91% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 90.32% |
| 2006-06-30 | 89.37% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-03 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-11-05 | 84.42% |