Dynex Capital Inc (DX) — Cash Flow Quality Index

Latest as of December 2025: 0.08x

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 investment intensity of Dynex Capital Inc to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.08x
Operating CF / Net Income

Operating Cash Flow

$14.30 Million
USD

Net Income

$185.36 Million
USD

Data as of

Dec 2025
Most recent filing

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. Check Dynex Capital Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Dynex Capital Inc (1990–2025)

Year-by-year earnings quality comparison for Dynex Capital Inc. For live market cap and the full company financial profile, see Dynex Capital Inc market capitalisation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.