Dynex Capital Past Earnings Performance
Past criteria checks 2/6
Dynex Capital's earnings have been declining at an average annual rate of -12.6%, while the Mortgage REITs industry saw earnings growing at 13.1% annually. Revenues have been declining at an average rate of 8.3% per year. Dynex Capital's return on equity is 5.1%, and it has net margins of 58.3%.
Key information
-12.55%
Earnings growth rate
-24.87%
EPS growth rate
| Mortgage REITs Industry Growth | 4.45% |
| Revenue growth rate | -8.26% |
| Return on equity | 5.07% |
| Net Margin | 58.33% |
| Last Earnings Update | 31 Mar 2025 |
Recent past performance updates
Recent updates
Dynex Capital: Current Headwinds And Performance Warrant Caution
Apr 24Dynex Capital: Mortgage REIT With Strong Margins And High Yield For Long-Term Buy
Apr 17Seeking +13% Yields: Dynex
Feb 12Dynex Capital: Staying Positive For Q1
Feb 04Dynex Capital: Re-Rating Catalyst In 2025
Jan 13Dynex Capital: A Tactical Play In Motion
Nov 19Dynex Capital Now Offers A Consistent High Yield Dividend Paid Monthly From Real Estate Mortgage Assets
Oct 22Dynex Capital: I Am Getting A 13% Yield On My Last Buy
Aug 01Dynex: Maintaining Hold, Despite An Enhanced Asset-Liability Relationship
May 29Top Notch mREIT, 12.5% Yield: Dynex Capital
May 14Dynex Capital: Unfavorable Spread Changes Look Set To Occur
Feb 24Dynex Capital: This REIT Yields 12% And Is Poised To Outperform In 2024
Jan 15Dynex Capital: Short-Term Rate Support Incoming
Nov 08Dynex Capital: Reexamining That Dividend Cut Call
Nov 01Dynex Capital Is A High-Yield REIT With Substantial Risks
Sep 01Revenue & Expenses Breakdown
How Dynex Capital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 25 | 108 | 63 | 35 | 0 |
| 31 Dec 24 | 150 | 106 | 35 | 0 |
| 30 Sep 24 | 123 | 79 | 34 | 0 |
| 30 Jun 24 | 49 | 5 | 34 | 0 |
| 31 Mar 24 | 112 | 68 | 34 | 0 |
| 31 Dec 23 | 27 | -14 | 31 | 0 |
| 30 Sep 23 | 45 | 5 | 30 | 0 |
| 30 Jun 23 | 44 | 2 | 33 | 0 |
| 31 Mar 23 | 18 | -23 | 33 | 0 |
| 31 Dec 22 | 177 | 135 | 32 | 0 |
| 30 Sep 22 | 146 | 106 | 31 | 0 |
| 30 Jun 22 | 203 | 167 | 27 | 0 |
| 31 Mar 22 | 129 | 94 | 26 | 0 |
| 31 Dec 21 | 128 | 91 | 24 | 0 |
| 30 Sep 21 | 154 | 116 | 25 | 0 |
| 30 Jun 21 | 179 | 141 | 23 | 0 |
| 31 Mar 21 | 417 | 379 | 22 | 0 |
| 31 Dec 20 | 200 | 160 | 21 | 0 |
| 30 Sep 20 | 211 | 175 | 18 | 0 |
| 30 Jun 20 | 133 | 97 | 17 | 0 |
| 31 Mar 20 | -182 | -217 | 17 | 0 |
| 31 Dec 19 | -137 | -166 | 16 | 0 |
| 30 Sep 19 | -270 | -299 | 15 | 0 |
| 30 Jun 19 | -208 | -236 | 16 | 0 |
| 31 Mar 19 | -73 | -101 | 15 | 0 |
| 31 Dec 18 | 24 | -5 | 15 | 0 |
| 30 Sep 18 | 124 | 96 | 15 | 0 |
| 30 Jun 18 | 108 | 81 | 15 | 0 |
| 31 Mar 18 | 85 | 58 | 15 | 0 |
| 31 Dec 17 | 50 | 23 | 16 | 0 |
| 30 Sep 17 | 97 | 71 | 16 | 0 |
| 30 Jun 17 | 101 | 76 | 15 | 0 |
| 31 Mar 17 | 104 | 80 | 15 | 0 |
| 31 Dec 16 | 57 | 34 | 15 | 0 |
| 30 Sep 16 | 18 | -3 | 15 | 0 |
| 30 Jun 16 | -22 | -54 | 16 | 0 |
| 31 Mar 16 | 10 | -21 | 18 | 0 |
| 31 Dec 15 | 34 | 7 | 18 | 0 |
| 30 Sep 15 | 46 | -21 | 18 | 0 |
| 30 Jun 15 | 98 | 46 | 17 | 0 |
| 31 Mar 15 | 75 | 10 | 16 | 0 |
| 31 Dec 14 | 71 | 19 | 16 | 0 |
| 30 Sep 14 | 71 | 37 | 14 | 0 |
| 30 Jun 14 | 39 | 1 | 13 | 0 |
Quality Earnings: DX has high quality earnings.
Growing Profit Margin: DX's current net profit margins (58.3%) are lower than last year (60.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DX has become profitable over the past 5 years, growing earnings by -12.6% per year.
Accelerating Growth: DX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DX had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Mortgage REITs industry average (-18.5%).
Return on Equity
High ROE: DX's Return on Equity (5.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 22:06 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dynex Capital, Inc. is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Bruce | BofA Global Research |
| Eric Hagen | BTIG |
| Michael Diana | Cantor Fitzgerald & Co. |