Dynex Capital, Inc.

DX Real Estate Reit Mortgage

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

10.70 0.05 −0.47%
Market cap
$2.8B
P/E
47.2×
Fwd P/E
−19.5×
Dividend yield
19.0%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Dynex Capital, Inc. (DX) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Dynex Capital, Inc. (DX) trades at a EV/FCF of 100×. Over the past ten years it has ranged from 12.5× (November 2016) to 484× (March 2025); the current reading is higher than 78% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 122× (74.38%)
FY2024 476× 403.85%
FY2023 94.4× 334.24%
FY2022 21.7× 7.38%
FY2021 20.2× 38.29%
FY2020 14.6× (48.91%)
FY2019 28.7× 47.12%
FY2018 19.5× 40.16%
FY2017 13.9× (7.10%)
FY2016 15.0× 13.93%

Quarterly newest first

Period EV/FCF Change
Sep 2026 101× (2.21%)
Jun 2026 103× (14.84%)
Mar 2026 121× (0.62%)
Dec 2025 122× 17.47%
43 more quarters

Against its own ten years

Low 12.5× High 484×
Ten-year median 19.8×
Current reading's percentile 76

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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