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

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.