Dynex Capital, Inc.
Dynex Capital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $533.5 million, up 67.0% from fiscal 2024.
- Revenue
- +122.1%
- EPS
- −222.2%
- Free cash flow
- +19.3%
- Total debt
- +105.5%
Quarter to September 2026, against a year earlier
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Dynex Capital, Inc. (DX) Debt to equity
Dynex Capital, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 7.9×, up 2.3× from fiscal 2025 (5.7×). Over the past ten years it has ranged from 2.9× (fiscal 2022) to 8.2× (fiscal 2019); the current reading is higher than 64% of that period. That is above the Reit Mortgage industry median of 2.9× and above the Real Estate sector median of 0.7×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 5.7× | 2.02% |
| FY2024 | 5.5× | (11.13%) |
| FY2023 | 6.2× | 112.40% |
| FY2022 | 2.9× | (20.64%) |
| FY2021 | 3.7× | (4.20%) |
| FY2020 | 3.9× | (52.71%) |
| FY2019 | 8.2× | 31.43% |
| FY2018 | 6.2× | 34.31% |
| FY2017 | 4.6× | (25.66%) |
| FY2016 | 6.2× | 17.78% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 7.9× | 11.06% |
| Jun 2026 | 7.1× | (7.72%) |
| Mar 2026 | 7.7× | 36.87% |
| Dec 2025 | 5.7× | (6.04%) |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| CIM Chimera Investment Corporation compare | 0.0× |
| ORC Orchid Island Capital, Inc. compare | 0.4× |
| LADR Ladder Capital Corp compare | 3.0× |
| STWD STARWOOD PROPERTY TRUST, INC. compare | 3.5× |
| RITM Rithm Capital Corp. compare | 4.6× |
| BXMT Blackstone Mortgage Trust, Inc. compare | 5.0× |
| DX Dynex Capital, Inc. | 7.9× |
| ARR ARMOUR Residential REIT, Inc. compare | 8.2× |
| EFC Ellington Financial Inc. compare | 9.4× |
| Reit Mortgage industry median | 2.9× |
| Real Estate sector median | 0.7× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
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