Dynex Capital, Inc.

Dynex Capital, Inc.

DX-PC
Dynex Capital, Inc.US flagNew York Stock Exchange
26.09
USD
+0.02
- -
1.66BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
81
43
34
57
50
24
-137
200
128
177
27
150
372
304
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
8
9
5
2
1
1
2
2
2
2
2
2
2
2
Net Income, GAAP
68
28
17
43
34
7
-153
178
102
143
-6
114
319
242
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
83.64
65.34
49.34
75.85
68.01
29.64
111.68
88.91
80.09
80.88
-22.92
75.73
85.74
79.54
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
13
11
528
6
6
3
3
- -
- -
- -
- -
- -
- -
- -
Total Equity
586
607
492
467
557
527
583
633
771
901
871
1,185
2,462
2,721
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
108
108
108
Shares Outstanding
146
175
207
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
491
531
773
Accounts Receivable, Net
56
68
97
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
412
944
553
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.72%
35.82%
107.79%
Free Cash Flow
56.11%
116.47%
739.5%
Net Income, GAAP
-431.48%
-376.92%
180.13%
Sales/Revenue/Turnover
-39.09%
105.47%
147.42%
Total Cash Common Dividend
21.86%
46.75%
114.62%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
51
-1
40
60
150
2025
9
-1
162
202
372
2026
-59
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Byron L. Boston
Full Time Employees
22
Sector
Real Estate
Industry
REIT - Mortgage
Address
4991 Lake Brook Drive Glen Allen VA United States of America 23060-9245
IPO Date
Feb 14, 2020
Business
Dynex Capital, Inc. (NYSE: DX) operates as an internally managed mortgage real estate investment trust (mREIT) that invests in agency and non-agency mortgage-backed securities (MBS) on a leveraged basis to generate attractive risk-adjusted returns for shareholders. The company focuses on residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only securities, primarily those backed by U.S. government-sponsored enterprises such as Fannie Mae and Freddie Mac; it also holds to-be-announced (TBA) securities and maintains a diversified portfolio emphasizing capital preservation through disciplined risk management and global macroeconomic analysis. Headquartered in Glen Allen, Virginia, Dynex Capital was founded in 1987 and conducts its operations principally in the United States, supporting housing finance communities through its financing of real estate assets. In recent developments, the company significantly expanded its portfolio to $15.8 billion as of September 30, 2025, reflecting over 50% growth from the prior year through $1.9 billion in investments in Agency RMBS and $364 million in Agency CMBS, alongside $953 million in TBA positions; it raised $282 million via at-the-market (ATM) stock issuances to fund this scaling while maintaining $891 million in liquidity and increasing economic leverage to 8.3 times shareholders' equity. During the third quarter of 2025, Dynex Capital reported continued execution of its capital deployment strategy amid stable repo funding markets, with management anticipating further financing cost improvements into Q4 due to Federal Open Market Committee actions; the firm also corrected prior dividend declarations for its Series C preferred stock. These initiatives underscore its opportunistic positioning in Agency MBS markets, ethical capital stewardship, and focus on long-term total returns with a 16.6% annualized dividend yield.