Dynex Capital Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	113.9	-6.13	143.16	102.26
Depreciation & Amortization	-	1.87	2.32	2.35	2.31
Loss (Gain) From Sale of Investments	-	-96.85	40.02	-35.85	44.86
Stock-Based Compensation	-	7.24	4.83	4.42	2.52
Change in Accounts Payable	-	-8.52	36.74	15.09	-0.05
Change in Other Net Operating Assets	-	0.23	-2.11	-1.74	-5.14
Operating Cash Flow	-	14.39	62.2	126.35	146.97
Operating Cash Flow Growth	-	-76.86%	-50.77%	-14.03%	-15.51%
Investment in Securities	-	-1,344	-2,911	-519.27	-637.88
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	0.76	0.89	1.65	2.1
Other Investing Activities	-	316.93	-50.4	452.18	80.4
Investing Cash Flow	-	-1,026	-2,960	-65.44	-555.38
Short-Term Debt Issued	-	66,437	23,502	16,249	12,635
Total Debt Issued	-	66,437	23,502	16,249	12,635
Short-Term Debt Repaid	-	-65,255	-20,766	-16,454	-12,222
Long-Term Debt Repaid	-	-	-	-	-0.12
Total Debt Repaid	-	-65,255	-20,766	-16,454	-12,223
Net Debt Issued (Repaid)	-	1,182	2,737	-205.51	412.64
Preferred Share Repurchases	-	-	-	-	-69.71
Issuance of Common Stock	-	332.32	42.63	246.88	237.13
Repurchase of Common Stock	-	-0.95	-0.45	-1.35	-0.85
Total Dividends Paid	-	-117.84	-93.04	-72.37	-58.9
Other Financing Activities	-	-0.23	-	-	-0.33
Financing Cash Flow	-	1,395	2,686	-32.34	519.98
Net Cash Flow	-	383.68	-212.01	28.57	111.57
Cash Interest Paid	-	322.18	178.71	28.53	5.71

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.