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Friday 6 November 2026
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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
10.70
0.05
−0.47%
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Dynex Capital, Inc. (DX) Operating margin
Dynex Capital, Inc.'s operating margin over the twelve months to 30 September 2026 was 93.8%, up 3.7 percentage points from fiscal 2025 (90.1%). Over the past ten years it has ranged from 59.9% (fiscal 2021) to 90.6% (fiscal 2019); the current reading is higher than 91% of that period. That is above the Reit Mortgage industry median of 31.9% and above the Real Estate sector median of 17.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 90.1% | 1.48 |
| FY2024 | 88.6% | 4.42 |
| FY2023 | 84.2% | 21.48 |
| FY2022 | 62.7% | 2.79 |
| FY2021 | 59.9% | (18.26) |
| FY2020 | 78.2% | (12.46) |
| FY2019 | 90.6% | 4.29 |
| FY2018 | 86.3% | 3.06 |
| FY2017 | 83.3% | (0.74) |
| FY2016 | 84.0% | 1.62 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 96.2% | 1.57 |
| Jun 2026 | 94.6% | 2.90 |
| Mar 2026 | 91.7% | 1.14 |
| Dec 2025 | 90.6% | (1.38) |
| 43 more quarters | Free account |
Against its own ten years
Low 59.9%
High 90.6%
Ten-year median
84.0%
Current reading's percentile
93
Operating margin against peers
| Company | Operating margin |
|---|---|
| EFC Ellington Financial Inc. compare | 132.7% |
| DX Dynex Capital, Inc. | 93.8% |
| ARR ARMOUR Residential REIT, Inc. compare | 93.7% |
| RITM Rithm Capital Corp. compare | 76.3% |
| BXMT Blackstone Mortgage Trust, Inc. compare | 71.1% |
| ORC Orchid Island Capital, Inc. compare | 64.3% |
| LADR Ladder Capital Corp compare | 43.2% |
| STWD STARWOOD PROPERTY TRUST, INC. compare | 1.54% |
| CIM Chimera Investment Corporation compare | 0.00% |
| Reit Mortgage industry median | 31.9% |
| Real Estate sector median | 17.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on DX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement