Dynex Capital Inc (DX) — Cash Flow Quality Index
Dynex Capital Inc (DX) has a Cash Flow Quality Index of 0.08x as of December 2025. Operating cash flow of $14.30 Million is below net income of $185.36 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Dynex Capital Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Dynex Capital Inc Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for Dynex Capital Inc across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Dynex Capital Inc operating cash flow efficiency.
Annual Cash Flow Quality Index for Dynex Capital Inc (1990–2025)
Year-by-year earnings quality comparison for Dynex Capital Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | $120.82 Million | $319.07 Million | ▲ +199.7% |
| 2024 | 0.13x | $14.39 Million | $113.90 Million | ▼ -85.7% |
| 2022 | 0.88x | $126.35 Million | $143.16 Million | ▼ -38.6% |
| 2021 | 1.44x | $146.97 Million | $102.26 Million | ▲ +46.7% |
| 2020 | 0.98x | $173.95 Million | $177.53 Million | ▼ -96.2% |
| 2018 | 25.71x | $180.56 Million | $7.02 Million | ▲ +326.2% |
| 2017 | 6.03x | $204.45 Million | $33.89 Million | ▲ +23.5% |
| 2016 | 4.88x | $210.51 Million | $43.10 Million | ▼ -62.8% |
| 2015 | 13.12x | $216.99 Million | $16.54 Million | ▲ +70.0% |
| 2014 | 7.72x | $214.55 Million | $27.81 Million | ▲ +151.6% |
| 2013 | 3.07x | $208.76 Million | $68.07 Million | ▲ +52.0% |
| 2012 | 2.02x | $149.39 Million | $74.04 Million | ▲ +13.7% |
| 2011 | 1.77x | $70.64 Million | $39.81 Million | ▲ +73.9% |
| 2010 | 1.02x | $30.07 Million | $29.47 Million | ▼ -8.6% |
| 2009 | 1.12x | $19.63 Million | $17.58 Million | ▲ +148.6% |
| 2008 | 0.45x | $6.79 Million | $15.12 Million | ▼ -50.2% |
| 2007 | 0.90x | $8.03 Million | $8.90 Million | ▼ -40.4% |
| 2006 | 1.51x | $7.42 Million | $4.91 Million | ▲ +17.5% |
| 2005 | 1.29x | $12.34 Million | $9.59 Million | ▼ -69.0% |
| 1998 | 4.15x | $83.40 Million | $20.10 Million | ▲ +190.5% |
| 1997 | 1.43x | $105.70 Million | $74.00 Million | ▲ +78.2% |
| 1996 | 0.80x | $58.50 Million | $73.00 Million | ▼ -91.2% |
| 1995 | 9.09x | $335.30 Million | $36.90 Million | ▲ +47.7% |
| 1994 | 6.15x | $306.90 Million | $49.90 Million | ▲ +154.8% |
| 1993 | -11.23x | $-607.60 Million | $54.10 Million | ▼ -473.1% |
| 1992 | 3.01x | $115.00 Million | $38.20 Million | ▲ +234.4% |
| 1991 | -2.24x | $-48.40 Million | $21.60 Million | ▼ -95.1% |
| 1990 | -1.15x | $-14.70 Million | $12.80 Million | — |