Dynex Capital, Inc. (DX)

NYSE: DX · Real-Time Price · USD

11.07

-0.05 (-0.45%)

Oct 16, 2026, 10:41 AM EDT - Market open

Dynex Capital Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Revenue	502.28	372.11	150.4	26.75	177	127.69
Revenue Growth	366.09%	147.42%	462.25%	-84.89%	38.62%	-36.05%
Operating Income	436.18	319.07	113.9	-6.13	143.16	102.26
Net Income	425.28	308.88	106.2	-13.82	135.47	90.95
Earnings Per Share	2.36	2.47	1.49	-0.25	3.17	2.78
EPS Growth	276.19%	65.77%	-	-	14.03%	-59.86%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	616	541.54	377.23	174	339.14	373.99
Total Debt	22,654	13,909	6,586	5,381	2,667	2,850
Net Cash (Debt)	-22,038	-13,368	-6,209	-5,207	-2,328	-2,476
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-122.19	-106.88	-87.13	-95.00	-54.46	-75.57

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	236.58	120.82	14.39	62.2	126.35	146.97
Free Cash Flow	236.58	120.82	14.39	62.2	126.35	146.97
Free Cash Flow Growth	362.70%	739.50%	-76.86%	-50.77%	-14.03%	-15.51%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Margin	86.84%	85.74%	75.73%	-22.92%	80.88%	80.09%
Pretax Margin	86.84%	85.74%	75.73%	-22.92%	80.88%	80.09%
Profit Margin	84.67%	83.01%	70.62%	-51.68%	76.53%	71.22%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 16, 2026	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
Dividend Per Share	2.040	2.000	1.580	1.560	1.560	1.560
Dividend Per Share Growth	4.08%	26.58%	1.28%	0%	0%	-6.02%
Dividend Yield	18.43%	17.00%	13.31%	12.55%	14.19%	9.34%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 16, 2026	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
PE Ratio	4.69	6.66	9.45	-	4.35	6.74
Forward PE	7.63	11.36	14.62	13.11	15.33	9.03
PS Ratio	5.48	5.53	6.67	26.51	3.33	4.80