DX (Dynex Capital) OCF Margin %: -118.17% (As of Mar. 2026)


DX Dynex Capital Inc DX
67 GF Score
Price $13.01
GF Value $19.66
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Dynex Capital OCF Margin %?

Dynex Capital DX +0.70% 67 OCF Margin % is -118.17% as of Mar. 2026. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 936 REITs companies, Dynex Capital ranks better than 62.93% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Dynex Capital's Cash Flow from Operations for the three months ended in Mar. 2026 was $69.8 Mil. Dynex Capital's Revenue for the three months ended in Mar. 2026 was $-59.1 Mil. Therefore, Dynex Capital's OCF Margin % for the quarter that ended in Mar. 2026 was -118.17%.

As of today, Dynex Capital's current OCF Yield % is 6.58%.

The historical rank and industry rank for Dynex Capital's OCF Margin % or its related term are showing as below:

DX' s OCF Margin % Range Over the Past 10 Years
Min: -128.27   Med: 101.11   Max: 762.02
Current: 60.63


During the past 13 years, the highest OCF Margin % of Dynex Capital was 762.02%. The lowest was -128.27%. And the median was 101.11%.

DX's OCF Margin % is ranked better than
62.93% of 936 companies
in the REITs industry
Industry Median: 49.395 vs DX: 60.63


Dynex Capital OCF Margin % Related Terms


Dynex Capital OCF Margin % Historical Data

* Premium members only.

The historical data trend for Dynex Capital's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dynex Capital OCF Margin % Chart

Dynex Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.10 71.38 232.53 9.57 32.47

Dynex Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.37 -2,427.95 42.04 7.08 -118.17

DX vs BXMT, ARR, EFC: OCF Margin % Comparison

For the REIT - Mortgage subindustry, Dynex Capital's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dynex Capital OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Dynex Capital's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Dynex Capital's OCF Margin % falls into.


DX
67GF Score
Dynex Capital Inc DX
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dynex Capital OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Dynex Capital's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=120.821/372.113
=32.47 %

Dynex Capital's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=69.849/-59.109
=-118.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of -118.17% mean?
Dynex Capital (DX) has a OCF Margin % of -118.17% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Dynex Capital and its competitors. According to the industry distribution chart, Dynex Capital ranks #347 out of 936 companies in the REITs industry, placing it in the top 37.1%.
Is Dynex Capital's OCF Margin % too high?
Dynex Capital's current OCF Margin % is -118.17%. Based on the distribution chart, Dynex Capital ranks #347 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Dynex Capital has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dynex Capital's OCF Margin % compare to BXMT and ARR?
According to the REITs industry distribution chart, Dynex Capital ranks #347 out of 936 companies for OCF Margin %. This puts Dynex Capital in the upper half of its industry. The industry median OCF Margin % is 49.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.40, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Dynex Capital and its competitors. For the REITs industry, the median OCF Margin % is 49.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynex Capital's current OCF Margin % is -118.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynex Capital stock overvalued right now?
Based on GuruFocus' analysis, Dynex Capital (DX) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.66, compared to a current price of $13.01 — trading 33.8% below its estimated fair value. The current OCF Margin % is -118.17%. Dynex Capital's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Dynex Capital (DX), the current OCF Margin % is -118.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dynex Capital (DX) Overvalued in 2026?

Based on GuruFocus' analysis, Dynex Capital stock appears to be undervalued. The current stock price of $13.01 is trading 33.8% below its estimated GF Value™ of $19.66. GuruFocus considers Dynex Capital to be Significantly Undervalued.

Key valuation signals for DX:

  • OCF Margin %: -118.17%
  • GF Value™: $19.66 vs. price of $13.01 (33.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the DX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dynex Capital Business Description

Industry Real EstateREITs
Other Exchanges DXpC.PFD:USADYT1:Germany
Address 140 East Shore Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23059-5755
Dynex Capital Inc is a real estate investment trust (REIT) focused on delivering dividends supported by long term returns from investments in mortgage assets backed by U.S. housing and commercial real estate. The Company is internally managed and mainly invests in residential and commercial mortgage-backed securities (RMBS and CMBS), which are Agency securities guaranteed by U.S. government-sponsored enterprises (GSEs). It manages interest rate, prepayment, spread, liquidity, and counterparty risks and operates through one reportable segment investing in MBS funded with repurchase agreements and equity.
67GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.01
Price
$19.66
GF Value