Dynex Capital, Inc.
Financials
Valuation Metrics
Dynex Capital, Inc.'s Market Cap is $2.62B. At end of 2025 it was $2.80B. Ranked #1786 of 3,118 in US market (top 57%), #1146 of 1,644 on NYSE (top 70%), #78 of 147 in Equity Real Estate Investment Trusts (REITs) (top 53%) by Market Cap.
Investment Metrics(as of 2026-11-02)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $2.62B | US#1,786/3,118 Sec#78/147 |
| Revenue | $1.07B | US#1,827/3,118 Sec#55/147 |
| Net Income | $-50M | US—/3,118 Sec—/147 |
| Total Assets | $27.93B | US#504/3,118 Sec#18/147 |
| Net Assets | $3.05B | US#956/3,118 Sec#55/147 |
| Employees | 28 | US#2,740/3,118 Sec#111/147 |
| Value | ||
| P/B | 0.86x | US#297/3,118 Sec#42/147 |
| P/S | 2.45x | US#1,493/3,118 Sec#42/147 |
| EV/EBITDA | 43.69x | US#2,334/3,118 Sec#137/147 |
| FCF Yield | 9.54% | US#648/3,118 Sec#37/147 |
| Profitability | ||
| ROE | -1.63% | US#2,168/3,118 Sec#120/147 |
| ROA | -0.18% | US#2,234/3,118 Sec#116/147 |
| Op. Margin | 67.53% | US#39/3,118 Sec#13/147 |
| Revenue Growth | 140.39% | US#69/3,118 Sec#5/147 |
| Earnings Growth | -126.92% | US#1,883/3,118 Sec#91/147 |
| Financial Health | ||
| Debt Ratio | 814.96% | US#2,624/3,118 Sec#133/147 |
| Total Debt | $24.19B | US#194/3,118 Sec#9/147 |
| FCF | $250M | US#1,265/3,118 Sec#60/147 |
| Cash | $993M | US#691/3,118 Sec#12/147 |
| Current Ratio | 0.04x | US#2,975/3,118 Sec#129/147 |
| Net Debt/EBITDA | 39.26x | US#2,507/3,118 Sec#139/147 |
| Dividend | ||
| Div. Yield | 9.42% | US#95/3,118 Sec#33/147 |
| Div. Growth | 109.26% | US#63/3,118 Sec#8/147 |
| Performance | ||
| 1Y Return | -20.05% | US#2,380/3,118 Sec#116/147 |
| 1M Return | -3.95% | US#2,157/3,118 Sec#112/147 |
| From 52W High | -29.10% | US#1,884/3,118 Sec#109/147 |
| 1Y MDD | -28.36% | US#1,180/3,118 Sec#96/147 |
| Trading | ||
| Volume | 5,866,845 shares | US#399/3,118 Sec#16/147 |
| Trading Value | $62M | US#1,238/3,118 Sec#50/147 |
| Per Share | ||
| EPS | $-0.20 | US—/3,118 Sec—/147 |
| BPS | $12.34 | US#1,680/3,118 Sec#93/147 |
Company Info
Dynex Capital, Inc. operates as a mortgage real estate investment trust (mREIT), primarily engaging in the leveraged acquisition of various mortgage-backed securities (MBS) within the United States. Its investment portfolio includes both agency and non-agency MBS. Agency MBS are distinguished by a principal payment guarantee from a U.S. government entity or a government-sponsored enterprise (GSE), such as Fannie Mae or Freddie Mac. In contrast, non-agency MBS do not possess this governmental backing. Dynex's holdings specifically encompass residential MBS, commercial MBS (CMBS), and certain CMBS interest-only instruments. For federal income tax purposes, the company holds the designation of a real estate investment trust. This status typically exempts Dynex Capital from federal corporate income tax liabilities, provided it distributes a minimum of 90% of its taxable earnings to its shareholders. Established in 1987, the firm maintains its corporate headquarters in Glen Allen, Virginia.