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DYNEX CAPITAL INC

$12.81 ▼ -0.04 (-0.27%) at close

18 Visible periods

24 Metrics

Absolute Benchmarks

Price Chart

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Analytical Summary

On an absolute basis, DYNEX CAPITAL INC shows solid but mixed fundamentals. These readings use fixed quality thresholds rather than peer benchmarks, because too few comparable companies are available to rank against.

Market Cap $1.6B

Dividend Yield 15.61%

Revenue Growth —

Op. Margin —

ROIC None

FCF / Share None

Trailing P/E 5.1x

Price / Book —

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 6, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Net Income Profit after all expenses

$319.07M

↑ +180.1% —

Long-Term Debt Long-term obligations

$6.44M

↓ -23.7% —

info Signals below are graded against fixed quality thresholds, not peers — peer ranking needs more comparable companies.

Dividend History

Dividend / share · sourced from SEC filings

$2.00 Latest / share

+25.0% YoY

+8.6% 4-yr CAGR

FY 2014

FY 2015

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

$1.56

FY 2021

$1.56

FY 2022

FY 2023

$1.60

FY 2024

$2.00

FY 2025

Financial view

Statement lens

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Cadence

Annual Quarterly

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📈 Is growth accelerating? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
EPS Growth YoY (%)	66.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	14.3% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	-59.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—	—	—	—	—	-18.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	31.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-31.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	44.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	180.1% Excellent Excellent Year-over-year change in net income	N/M	N/M	40.0% Excellent Excellent Year-over-year change in net income	-42.4% Weak Weak Year-over-year change in net income	N/M	N/M	-79.3% Weak ↓ Weak Declining Year-over-year change in net income	-21.4% Weak ↓ Weak Declining Year-over-year change in net income	160.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-40.5% Weak ↓ Weak Declining Year-over-year change in net income	-59.2% Weak ↓ Weak Declining Year-over-year change in net income	-8.1% Weak ↓ Weak Declining Year-over-year change in net income	86.0% Excellent ↑ Excellent Improving Year-over-year change in net income	35.1% Excellent Excellent Year-over-year change in net income	67.6% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS CAGR 3Y (%)	-7.9% Weak Weak Compound annual EPS growth over 3 years	-18.7% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	-9.8% Weak Weak Compound annual EPS growth over 3 years	9.1% Fair Fair Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	1.8% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	1.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	5.7% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	—	0.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.6% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	1.7% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	1.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	1.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	10.7% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+34%)	10.1% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+26%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.37x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-63%)	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$-531.04M	$-377.10M	$-119.64M	$-332.04M	$-366.02M	$-295.60M	—	$-34.60M	$-40.87M	$-67.68M	$-25.49M	$-33.16M	$-56.42M	$-25.30M	$-48.78M	$88.27M	$-30.17M	$-24.34M
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Basic EPS, GAAP (USD)	$2.49	$1.50	$-0.25	$3.19	$2.79	$6.93	$-7.01	—	—	—	—	—	$0.37	$0.45	$0.34	$0.50	$0.35	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$2.00	$1.60	—	$1.56	$1.56	—	—	—	—	—	—	—	$0.37	$0.38	$0.36	$0.33	$0.31	—
Book Value per Share (USD)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$3.07	$3.21	—	—
Tangible Book Value per Share (USD)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$3.07	$3.21	—	—
Basic Weighted Avg Shares (shares)	124.13M	70.77M	54.81M	42.49M	32.60M	23.11M	23.62M	—	—	—	—	—	163.94M	159.44M	115.74M	52.78M	39.26M	—
Dividend Payout Ratio (%)	80.3% Caution → Caution Stable Dividends paid as a percentage of earnings Optimal: 30-60%	106.7% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	—	48.9% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	55.9% Fair Fair Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	101.8% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	85.2% Caution → Caution Stable Dividends paid as a percentage of earnings Optimal: 30-60%	105.8% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	65.3% Fair Fair Dividends paid as a percentage of earnings Optimal: 30-60%	88.5% Caution Caution Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
LT Debt (USD)	—	—	—	—	—	—	—	—	—	$6.44M	$8.44M	$10.79M	$12.91M	$30.50M	—	$107.11M	—	—
Total Equity (USD)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$371.35M	$292.36M	—	—

📋 What is driving earnings? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Net Income, GAAP (USD)	$319.07M	$113.90M	$-6.13M	$143.16M	$102.26M	$177.53M	$-152.67M	$7.02M	$33.89M	$43.10M	$16.54M	$27.81M	$68.07M	$74.04M	$39.81M	$29.47M	$17.58M	—
Operating Cash Flow (USD)	$120.82M	$14.39M	$62.20M	$126.35M	$146.97M	$173.95M	$175.35M	$180.56M	$204.45M	$210.51M	$216.95M	$214.55M	$208.76M	$149.39M	$70.64M	$30.07M	$19.63M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 18 years · 68 quarters

DYNEX CAPITAL INC

Analytical Summary

18-Year Financial Trajectory

Dividend History

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