All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
1 warning event since 2017; the latest 2024-12-19.
From the record
Dynex Capital, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2024-12-19) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+34.2% a year over 5 filed years; profit years unseen.
From the record
Dynex Capital, Inc.'s 5 filed years say what it did: revenue went from $39 million in fiscal 2009 to $127 million in fiscal 2013, up 34.2% a year; it rose in 4 of 4 years; it never fell from a peak (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count grew 43.0% a year. 100% of cash flow returned. Insiders: 0 sales, 6 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, Dynex Capital, Inc.'s diluted share count grew about 43.0% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 6 purchases of their own stock on the open market in the year to 2026-10-21, buying about $320 thousand (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 13%: 13¢ of profit per shareholder dollar. Leverage 86%: owes 86¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Dynex Capital, Inc. earned about 13 cents of profit for every dollar of shareholders' money. Leverage: it owed about 86 cents per dollar of assets, and net share issuance: its share count grew 75.5% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 41% of 157 in its family.
From the record
Dynex Capital, Inc.'s standing among 157 graded names in its industry family: revenue of $127 million in fiscal 2013 ranks in the bottom 21% by size; revenue growth of 37.6% a year over the last 3 filed years ranks in the top 2% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 9% of 160 in its family for leadership; chief executive since 2024.
From the record
Dynex Capital, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Popenoe, Smriti Laxman (Co-CEO and President, as filed), filing under that title since 2024-09-10, 2.2 years (bottom 14% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 2.7 years (bottom 4%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
SI estimate 8.7/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Dynex Capital, Inc.'s room to expand is put at 8.7 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 13% of 172 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.
What could actually drive growth from here?
top 20% of 153 in its family for growth drivers.
From the record
Dynex Capital, Inc.'s growth drivers, from the filed years to fiscal 2013: revenue grew 37.6% a year over the last three filed years against 34.2% over all 5, speeding up (top 21% of its family); the newest year grew 12% (top 19%) (its annual reports). Dynex Capital, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
SI estimate 0.5/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Dynex Capital, Inc.'s expectations vs reality is put at 0.5 of 10 with a confidence of 35 of 100, because read from one part only, revenue against the prior three years' pace, which ranks in the bottom 5% of 153 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change. A filing that carries the missing parts replaces this estimate with the filed reading.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made