• Annaly Capital Management Inc average return on tangible equity for 2023 was -17.84, a 183.6% decline from 2022.
• Annaly Capital Management Inc average return on tangible equity for 2022 was 21.34, a 12.49% decline from 2021.
• Annaly Capital Management Inc average return on tangible equity for 2021 was 18.97, a 344.14% increase 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.