DYNEX CAPITAL, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $319.1M | $113.9M | $-6.1M | $143.2M | $102.3M | $177.5M | $-152.7M | $7.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $12.6M | $7.2M | $4.8M | $4.4M | $2.5M | $1.8M | $1.2M | $1.2M |
| Net Cash from Operating Activities | $120.8M | $14.4M | $62.2M | $126.4M | $147.0M | $174.0M | $175.3M | $180.6M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-8.07B | $-1.03B | $-2.96B | $-65.4M | $-555.4M | $2.35B | $-1.61B | $-869.3M |
| Financing Activities | ||||||||
| Dividends Paid | $246.6M | $117.8M | $93.0M | $72.4M | $58.9M | $52.4M | $68.0M | $52.8M |
| Stock Repurchases | — | — | — | $0 | $0 | $372.0K | $25.0M | $0 |
| Net Cash from Financing Activities | $8.26B | $1.40B | $2.69B | $-32.3M | $520.0M | $-2.35B | $1.47B | $690.3M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |