• Annaly Capital Management Inc average return on tangible equity for 2023 was -15.88, a 171.18% decline from 2022.
• Annaly Capital Management Inc average return on tangible equity for 2022 was 22.31, a 2.11% decline from 2021.
• Annaly Capital Management Inc average return on tangible equity for 2021 was 22.79, a 240.85% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.