Dynex Capital Inc. (DXPC) Financial Analysis and Rating

Comparison Analysis Based on SEC Data

Company Name Dynex Capital Inc.
Industry (SIC) 6798 - Real Estate Investment Trusts
Revenue in 2025 $533,521 thousand (ranked #104 out of 269 companies in the industry)
Assets as of 12/31/2025 $17,342 million (ranked #31)
Analyzed report 3/31/2025 (filed 4/30/2025)

Year:
20252026

Financial Position and Performance
Annual | Quarterly

Compared with Q1 2025 industry ratios Change during the quarter

worse
improved
Compared with all listed companies

worse

Compare with a competitor

Financial Ratios Benchmarking

Financial Ratio Comparison of company ratios for 3/31/2025
with Q1 2025 industry ratios
(67 - Holding And Other Investment Offices) 		with all listed companies
Solvency Ratios
Debt ratio 
0.85
0.58
0.85
0.61
Debt-to-equity ratio 
5.48
1.39
5.48
1.35
Liquidity Ratios
Current Ratio 
1.10
1.10
1.10
1.72
Cash Ratio 
1.10
0.72
1.10
0.52
Profitability Ratios
Profit margin 
-3.2%
7.9%
-3.2%
2.1%
ROE (Return on equity), after tax 
-1%
2.7%
-1%
4.1%
ROA (Return on assets) 
-0.1%
1.1%
-0.1%
0.7%
Activity Ratios
Asset turnover (days) 
8156
3163
8156
751
Resulting score -1,0 -1,0

Year:
20252026

Additional Ratios (not used in score calculation)

Financial Ratio Comparison of company ratios for 3/31/2025
with Q1 2025 industry ratios
(67 - Holding And Other Investment Offices) 		with all listed companies
Price Ratios
Earnings per Share (basic)  $-0.06
Earnings per Share (diluted)  $-0.06

Auditor's Conclusion

We have performed a comparative analysis of the balance sheet and income statement of Dynex Capital Inc. (hereafter – the "Company") for Q1 2025 as filed with the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Real Estate Investment Trusts" (SIC code 6798). In our analysis, we compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the Company's specific industry sector and for all companies. The averages were calculated using data from Q1 2025 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). By comparing each of the eleven key metrics to the median, we have reached an overall conclusion about the quality of the Company's financial condition. All calculations and conclusions were performed using software and methodologies developed by ReadyRatios.

Based on our analysis of the Company's key financial ratios, we have determined the following. The financial condition of Dynex Capital Inc. in 2025 is worse than the typical financial condition of companies in the "Real Estate Investment Trusts" industry.

This conclusion is supported by a comparison of the Company's financial ratios with average U.S. ratios. The financial position of Dynex Capital Inc. is worse than that of most listed companies that file financial statements with the U.S. Securities and Exchange Commission.

Financial Position and Performance History


More on Dynex Capital Inc.

Closest Competitors

Company USD ($), in Millions
Revenue Assets
Essential Properties Realty Trust Inc. 561 6,863
Tanger Inc. 551 225
Ares Real Estate Income Trust Inc. 499 7,269
JBG SMITH Properties 499 4,388

See all industry leaders

Financial Data Source and Analysis Principles

The above is a comparative analysis of the company's financial position and performance. The comparison is based on official financial statements filed with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) (about 10,000 largest public