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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Dynex Capital, Inc. (DX) trades at a price to free cash flow of 10.8×. Over the past ten years it has ranged from 1.2× (March 2020) to 70.9× (March 2025); the current reading is higher than 77% of that period. That is above the Reit Mortgage industry median of 4.4× and below the Real Estate sector median of 12.3×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 14.4× (76.86%)
FY2024 62.2× 467.43%
FY2023 11.0× 151.12%
FY2022 4.4× 17.78%
FY2021 3.7× 56.75%
FY2020 2.4× 3.62%
FY2019 2.3× 24.83%
FY2018 1.8× 6.50%
FY2017 1.7× 5.56%
FY2016 1.6× 5.13%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 11.2× (8.77%)
Jun 2026 12.3× (11.10%)
Mar 2026 13.9× (3.76%)
Dec 2025 14.4× 4.80%
43 more quarters

Against its own ten years

Low 1.2× High 70.9×
Ten-year median 2.4×
Current reading's percentile 77

Price to free cash flow against peers

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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