DX - NYSE
Dynex Capital, Inc.
$12.79
-1.4%Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 1987 and is headquartered in Glen Allen, Virginia.
At a Glance
Live SnapshotDynex Capital, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Dynex Capital, Inc. Income Statement
DX • NYSE
| Dynex Capital, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
533.5M | 318M | 132.6M | -2.4M | 66.8M | 199.7M | -136.7M | 23.7M | 49.8M | 56.8M | 33.5M | 71.4M | 81.4M | 86M | 73.8M | 37.3M | 24.9M | 21.7M | 11.6M | 11.5M | |
GROSS PROFIT | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -75K | -103K | -499K | (0.0) | -19.1M | -824K | (0.0) | -8.2M | (0.0) | (0.0) | (0.0) | (0.0) | |
533.5M | 318M | 132.6M | -2.4M | 66.8M | 199.7M | -136.7M | 23.7M | 49.9M | 56.9M | 34M | 71.4M | 100.5M | 86.8M | 73.8M | 45.5M | 24.9M | 21.7M | 11.6M | 11.5M | |
OPERATING INCOME | ||||||||||||||||||||
-204.7M | -109.5M | -76.7M | -189.1M | -41.2M | (199.7M) | -136.7M | (23.7M) | (49.8M) | (56.8M) | (8.6M) | (6.5M) | (81.4M) | (86M) | (58.6M) | (37.3M) | (24.9M) | (12.5M) | (11.6M) | (11.5M) | |
(0.0) | (34.6M) | (30.7M) | (32.4M) | (24.1M) | (21.1M) | (16M) | (15.1M) | (15.8M) | (14.7M) | (17.7M) | (16M) | (13.1M) | (12.7M) | (10M) | (8.8M) | (6.7M) | (5.6M) | (4M) | (4.5M) | |
738.2M | 427.6M | 209.3M | 186.8M | 107.9M | 0.0 | -152.7M | 7M | 33.9M | 43.1M | 16.5M | 53.7M | 87.5M | 74M | 63.9M | 27.4M | 17.4M | 13.4M | 8M | 6.3M | |
PRE-TAX INCOME | ||||||||||||||||||||
(419.2M) | (313.7M) | (215.4M) | (43.6M) | (5.7M) | (32.6M) | (114.1M) | (59.6M) | (36.2M) | (25.2M) | (22.6M) | (25.9M) | (39M) | (35.1M) | (24.1M) | (14.4M) | (14.7M) | (19.1M) | (20.1M) | (39.4M) | |
114.4M | 5.9M | -7.9M | 43.1M | 54.4M | 63.9M | 56.1M | 50.5M | 58.3M | 66.7M | 77.6M | 79.7M | 88.1M | 78.4M | 59.3M | 34.4M | 24.6M | 10.5M | 10.7M | 11.1M | |
-204.7M | -144.1M | -107.4M | -221.5M | -65.3M | (178.6M) | -152.7M | (8.6M) | (34M) | (42.1M) | (0.0) | (0.0) | (68.3M) | (73.2M) | (2M) | (28.5M) | (18.2M) | (14.4M) | (7.6M) | (7M) | |
-419.2M | -313.7M | -215.4M | -43.6M | -5.7M | 177.5M | 22K | 0.0 | 0.0 | 0.0 | 0.0 | -25.9M | -19.4M | 0.0 | -24.1M | 2.1M | -2.3M | 1.7M | 906K | -1.4M | |
319.1M | 113.9M | -6.1M | 143.2M | 102.3M | 177.5M | -152.7M | 7M | 33.9M | 43.1M | 16.5M | 27.8M | 68.1M | 74M | 39.8M | 29.5M | 15.2M | 15.1M | 8.9M | 4.9M | |
NET INCOME | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -2.5M | (0.0) | (0.0) | (0.0) | |
319.1M | 113.9M | -6.1M | 143.2M | 102.3M | 177.5M | -152.7M | 7M | 33.9M | 43.1M | 16.5M | 27.8M | 68.1M | 74M | 39.8M | 29.5M | 17.6M | 15.1M | 8.9M | 4.9M |
SEC Filings
DX - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 28, 2026 | April 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 27, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 20, 2026 | April 20, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 07, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 26, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 27, 2026 | January 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 26, 2026 | January 26, 2026 | 2026 |
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