Dynex Capital, Inc.
Dynex Capital, Inc. (NYSE: DX) is an internally managed real estate investment trust that invests primarily in residential and commercial mortgage-backed securities backed by U.S. housing and commercial real estate, with most holdings consisting of Agency residential mortgage-backed securities guaranteed by… From the company’s description.
In fiscal 2025, Dynex Capital, Inc. reported net income of $319.07M. Operations generated $120.82M in cash.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Dynex Capital, Inc. does
In the company’s own words
Dynex Capital, Inc. (NYSE: DX) is an internally managed real estate investment trust that invests primarily in residential and commercial mortgage-backed securities backed by U.S. housing and commercial real estate, with most holdings consisting of Agency residential mortgage-backed securities guaranteed by government-sponsored enterprises. Its investments also include Agency commercial mortgage-backed securities, mortgage-related securities and, opportunistically, non-Agency securities. The company finances investments primarily through repurchase agreements and uses derivatives mainly to hedge interest-rate exposure. Dynex operates as one business focused on investing in mortgage assets; its commercial mortgage-backed securities represented 6% of its investment portfolio at December 31, 2025, while commercial mortgage-backed interest-only securities represented less than 1%. The company manages its portfolio for shareholders and is structured to qualify as a REIT, with a focus on U.S. residential and commercial mortgage markets. It had 28 full- and part-time employees as of December 31, 2025. Its website is www.dynexcapital.com.
Company details
- Sector
- Financials
- Industry (SIC)
- REITs
- Headquarters
- GLEN ALLEN, VA
- Fiscal year end
- December
- CIK
- 826675
- SIC
- 6798
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Dynex Capital, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Dynex Capital, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Dynex Capital, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Dynex Capital, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Dynex Capital, Inc.'s last four quarterly filings that the numbers alone won't show?”