• Annaly Capital Management Inc average operating margin for 2023 was -115.4%, a 250.4% decline from 2022.
• Annaly Capital Management Inc average operating margin for 2022 was 76.73%, a 10.81% decline from 2021.
• Annaly Capital Management Inc average operating margin for 2021 was 86.03%, a 96.24% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.