DX (Dynex Capital) Selling, General, & Admin. Expense: $60.2 Mil (TTM As of Mar. 2026)


DX Dynex Capital Inc DX
67 GF Score
Price $13.24
GF Value $19.82
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Dynex Capital Selling, General, & Admin. Expense?

Dynex Capital DX +1.77% 67 Selling, General, & Admin. Expense is $60.2 Mil as of Mar. 2026. GuruFocus rates DX with a GF Score™ of 67/100 and a GF Value™ of $19.82 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Dynex Capital's selling, general, & admin. expense for the three months ended in Mar. 2026 was $20.5 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $60.2 Mil.


Dynex Capital  (NYSE:DX) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Dynex Capital Selling, General, & Admin. Expense Related Terms


Dynex Capital Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Dynex Capital's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Dynex Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.09 32.35 30.73 34.59 51.51

Dynex Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 11.76 11.91 11.46 16.37 20.48

DX vs BXMT, ARR, EFC: Selling, General, & Admin. Expense Comparison

For the REIT - Mortgage subindustry, Dynex Capital's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Dynex Capital's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Dynex Capital's Selling, General, & Admin. Expense falls into.


DX
67GF Score
Dynex Capital Inc DX
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dynex Capital Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $60.2 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $60.2 Mil mean?
Dynex Capital (DX) has a Selling, General, & Admin. Expense of $60.2 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Dynex Capital and its competitors.
Is Dynex Capital's Selling, General, & Admin. Expense too high?
Dynex Capital's current Selling, General, & Admin. Expense is $60.2 Mil. 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 Selling, General, & Admin. Expense compare to BXMT and ARR?
Dynex Capital's Selling, General, & Admin. Expense of $60.2 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Dynex Capital and its competitors. Dynex Capital's current Selling, General, & Admin. Expense is $60.2 Mil. 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 $19.82, compared to a current price of $13.24 — trading 33.2% below its estimated fair value. The current Selling, General, & Admin. Expense is $60.2 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Dynex Capital (DX), the current Selling, General, & Admin. Expense is $60.2 Mil 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 $13.24 is trading 33.2% below its estimated GF Value™ of $19.82. GuruFocus considers Dynex Capital to be Significantly Undervalued.

Key valuation signals for DX:

  • Selling, General, & Admin. Expense: $60.2 Mil
  • GF Value™: $19.82 vs. price of $13.24 (33.2% 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

Get the complete analysis for DX

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.24
Price
$19.82
GF Value