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Dynex Capital DX · USD

Financials · US listing · 🇺🇸 United States

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10.81

+1.22%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Net income

$308.9m

FY2016FY2025

Total assets

$17.34bn

FY2016FY2025

Shareholders' equity

$2.46bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating income$61.3m−$32.1m−$115.7m−$79.8m$35.7m$41.7m$40.1m$33.8m$42.3m$52.8m
Net income$308.9m$106.2m−$13.8m$135.5m$90.9m$160.0m−$165.6m−$4.8m$23.1m$33.9m
Diluted earnings per share2.471.49-0.253.172.786.93-7.01-0.251.372.07

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$17.34bn$8.18bn$6.37bn$3.61bn$3.64bn$3.09bn$5.37bn$3.89bn$3.31bn$3.40bn
Cash and short-term investments$531.0m$377.1m$119.6m$332.0m$366.0m$295.6m$62.6m$34.6m$40.9m$74.1m
Total liabilities$14.88bn$7.00bn$5.50bn$2.70bn$2.87bn$2.45bn$4.79bn$3.36bn$2.75bn$2.93bn
Debt$13.91bn$6.56bn$5.43bn$2.64bn$2.85bn$2.44bn$4.76bn$3.27bn$2.57bn$2.91bn
Shareholders' equity$2.46bn$1.18bn$870.7m$901.3m$771.3m$633.5m$583.0m$527.2m$557.1m$467.2m
Shares outstanding125m71m55m43m33m23m24m19m17m16m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Operating income$26.8m$18.6m$10.8m$5.0m−$2.4m−$7.8m−$7.5m−$14.5m
Net income$182.6m$147.6m−$16.3m−$5.0m$49.2m$29.1m−$10.2m$38.2m
Diluted earnings per share1.161.08-0.14-0.060.600.38-0.150.64
Total assets$17.34bn$14.16bn$11.31bn$9.04bn$8.18bn$7.82bn$6.68bn$6.30bn
Cash and short-term investments$531.0m$491.0m$387.5m$327.4m$377.1m$268.3m$286.1m$295.7m
Debt$13.91bn$11.77bn$8.63bn$7.24bn$6.56bn$6.43bn$5.51bn$5.29bn
Shareholders' equity$2.46bn$1.96bn$1.61bn$1.40bn$1.18bn$1.14bn$1.05bn$958.5m

Financial ratios

Data as of 26 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin138.4%134.4%181.7%-7874.1%161.7%90.5%——
Net margin59.8%35.8%15.2%-6035.5%153.2%76.4%——
Return on equity13.0%9.6%-0.7%15.9%2.8%28.0%——
Return on assets1.8%1.4%-0.1%4.0%2.8%5.7%——
Revenue growth67.8%-890.4%1596.3%-103.6%-71.3%41.3%——
Earnings growth180.1%-1958.0%-104.3%40.0%-42.4%-216.3%——
Current ratio0.07x0.10x0.03x21.74x280.57x326.54x——
Debt to equity5.65x5.56x6.23x2.93x0.77x3.85x——
Equity ratio14.2%14.5%13.7%25.0%100.0%20.5%——
Interest coverage1.76x1.36x-0.34x4.28x19.03x6.44x——
R&D as a share of sales——0.0%-0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-92.4%-42.6%-18.1%-32.2%-57.9%-1.4%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue—40.8%18.2%
Operating income—8.0%0.3%
Net income31.6%14.1%45.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin3.4%-16.9%-7.8%8.2%
Net margin48.7%54.7%68.8%39.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings5.78.5-49.64.06.02.6-2.4-68.615.33.3
Price to sales3.32.85.2-229.28.24.32.43.03.71.2

Market value over time

31 Oct 2016 to 23 Oct 2026, in USD

$329.8m$2.75bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return11%-3%-2%-17%-12%5%-1%-20%201%11%

Dividends and splits

Per share, in the currency the company pays

Paid for 18 years. Last went ex-dividend on 21 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.532.001.601.561.561.561.662.01
  • 3-to-1 reverse split · 21 Jun 2019
  • 4-to-1 reverse split · 2 Aug 1999
  • 2-for-1 split · 27 May 1997

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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