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DX (Dynex Capital) Pretax Margin % : 78.07% (As of Sep. 2024)


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What is Dynex Capital Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dynex Capital's Pre-Tax Income for the three months ended in Sep. 2024 was $31.0 Mil. Dynex Capital's Revenue for the three months ended in Sep. 2024 was $39.7 Mil. Therefore, Dynex Capital's pretax margin for the quarter that ended in Sep. 2024 was 78.07%.

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

DX' s Pretax Margin % Range Over the Past 10 Years
Min: -22.92   Med: 71.93   Max: 111.68
Current: 70.73


DX's Pretax Margin % is ranked better than
71.07% of 916 companies
in the REITs industry
Industry Median: 38.16 vs DX: 70.73

Dynex Capital Pretax Margin % Historical Data

The historical data trend for Dynex Capital's Pretax 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.

* Premium members only.

Dynex Capital Pretax Margin % Chart

Dynex Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.68 88.91 80.09 80.88 -22.92

Dynex Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax 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 125.12 73.40 78.02 782.66 78.07

Competitive Comparison of Dynex Capital's Pretax Margin %

For the REIT - Mortgage subindustry, Dynex Capital's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the REITs Industry

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

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



Dynex Capital Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Dynex Capital's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-6.13/26.749
=-22.92 %

Dynex Capital's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=30.997/39.704
=78.07 %

* 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  (NYSE:DX) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Dynex Capital Pretax Margin % Related Terms

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Dynex Capital Business Description

Traded in Other Exchanges
Address
4991 Lake Brook Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23060-9245
Dynex Capital Inc is an internally managed mortgage real estate investment trust, which invests in mortgage-backed securities. The company invests in residential and commercial mortgage-backed securities. Its objective is to provide attractive risk-adjusted returns to shareholders over the long term that are reflective of a leveraged, high quality fixed income portfolio with a focus on capital preservation. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.
Executives
David H. Stevens director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Joy D Palmer director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Michael R Hughes director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Robert S Colligan officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Jeffrey L Childress officer: Vice President and Controller C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DR., SUITE 100, GLEN ALLEN VA 23060
Byron L Boston director, officer: CEO and Co-CIO 4231 WALNUT RD, JACKSONVILLE FL 32257
Smriti Laxman Popenoe officer: President and Co-CIO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Stephen J Benedetti officer: Exec. V.P., CFO, Treas & Sec.
Barry Igdaloff director
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Wheat James C Iii director 901 EAST BYRD STREET 13TH FLOOR, RIVERFRONT PLAZA, RICHMOND VA 23219
Daniel K Osborne director 4551 COX ROAD, SUITE 300, GLEN ALLEN VA 23060