Dynex Capital, Inc. (DX)

Dynex Capital Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	319.07	113.9	-6.13	143.16	102.26
Depreciation & Amortization	28.07	49.54	77.01	100.43	120.48
Stock-Based Compensation	12.57	7.24	4.83	4.42	2.52
Other Adjustments	-257.76	-144.52	-34.68	-133.92	-73.31
Changes in Accrued Interest and Accounts Receivable	-35.1	-3.47	-13.47	-1.08	0.2
Changes in Accounts Payable	50.52	-8.52	36.74	15.09	-0.05
Changes in Other Operating Activities	3.46	0.23	-2.11	-1.74	-5.14
Operating Cash Flow	120.82	14.39	62.2	126.35	146.97
Operating Cash Flow Growth	739.50%	-76.86%	-50.77%	-14.03%	-15.51%
Net Change in Loans Held-for-Investment	0.55	0.76	0.89	1.65	2.1
Net Change in Securities and Investments	-7,929	-1,344	-2,911	-519.27	-637.88
Other Investing Activities	-145.07	316.93	-50.4	452.18	80.4
Investing Cash Flow	-8,074	-1,026	-2,960	-65.44	-555.38
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	7,341	1,182	2,737	-205.51	412.75
Long-Term Debt Repaid	-	-	-	-	-0.12
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-0.12
Issuance of Common Stock	1,169	332.32	42.63	246.88	237.13
Net Common Stock Issued (Repurchased)	1,169	332.32	42.63	246.88	237.13
Repurchase of Preferred Stock	-	-	-	-	-69.71
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-69.71
Common Dividends Paid	-246.6	-117.84	-93.04	-72.37	-58.9
Other Financing Activities	-1.79	-1.18	-0.45	-1.35	-1.18
Financing Cash Flow	8,262	1,395	2,686	-32.34	519.98
Net Cash Flow	308.85	383.68	-212.01	28.57	111.57
Free Cash Flow	120.82	14.39	62.2	126.35	146.97
Free Cash Flow Growth	739.50%	-76.86%	-50.77%	-14.03%	-15.51%
FCF Margin	32.47%	9.57%	232.53%	71.38%	115.10%
Free Cash Flow Per Share	0.97	0.20	1.13	2.96	4.49
Levered Free Cash Flow	355.82	143.98	84.35	248.16	206.33
Unlevered Free Cash Flow	46.95	37.78	98.18	112.69	115.5

Updated Jan 26, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q