vs

Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and MasterCraft Boat Holdings, Inc. (MCFT). Click either name above to swap in a different company.

MasterCraft Boat Holdings, Inc. is the larger business by last-quarter revenue ($71.8M vs $43.5M, roughly 1.7× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 13.2%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs -7.6%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

The MasterCraft Boat Company is an American manufacturer of luxury high-performance boats. The company was founded in 1968 in Maryville, Tennessee, and is currently headquartered in Vonore, Tennessee. MasterCraft boats are used in waterskiing, wakeboarding and wake surfing.

DX vs MCFT — Head-to-Head

Bigger by revenue
MCFT
MCFT
1.7× larger
MCFT
$71.8M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+518.1% gap
DX
531.3%
13.2%
MCFT
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
-7.6%
MCFT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DX
DX
MCFT
MCFT
Revenue
$43.5M
$71.8M
Net Profit
$2.5M
Gross Margin
21.6%
Operating Margin
3.8%
Net Margin
3.5%
Revenue YoY
531.3%
13.2%
Net Profit YoY
-8.0%
EPS (diluted)
$1.59
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DX
DX
MCFT
MCFT
Q4 25
$43.5M
$71.8M
Q3 25
$30.6M
$69.0M
Q2 25
$23.1M
$79.5M
Q1 25
$17.1M
$76.0M
Q4 24
$63.4M
Q3 24
$65.4M
Q2 24
$94.3M
Q1 24
$-3.2M
$84.0M
Net Profit
DX
DX
MCFT
MCFT
Q4 25
$2.5M
Q3 25
$150.4M
$3.6M
Q2 25
$-13.6M
$5.7M
Q1 25
$-3.1M
$3.7M
Q4 24
$2.7M
Q3 24
$-5.1M
Q2 24
$6.2M
Q1 24
$40.1M
$3.8M
Gross Margin
DX
DX
MCFT
MCFT
Q4 25
21.6%
Q3 25
22.3%
Q2 25
23.2%
Q1 25
20.8%
Q4 24
17.2%
Q3 24
18.1%
Q2 24
23.8%
Q1 24
23.3%
Operating Margin
DX
DX
MCFT
MCFT
Q4 25
3.8%
Q3 25
5.5%
Q2 25
7.5%
Q1 25
5.4%
Q4 24
0.3%
Q3 24
1.5%
Q2 24
11.2%
Q1 24
8.0%
Net Margin
DX
DX
MCFT
MCFT
Q4 25
3.5%
Q3 25
491.3%
5.3%
Q2 25
-58.8%
7.2%
Q1 25
-18.0%
4.9%
Q4 24
4.3%
Q3 24
-7.9%
Q2 24
6.6%
Q1 24
-1256.8%
4.5%
EPS (diluted)
DX
DX
MCFT
MCFT
Q4 25
$1.59
$0.16
Q3 25
$1.08
$0.22
Q2 25
$-0.14
$0.34
Q1 25
$-0.06
$0.23
Q4 24
$0.17
Q3 24
$-0.31
Q2 24
$0.38
Q1 24
$0.64
$0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DX
DX
MCFT
MCFT
Cash + ST InvestmentsLiquidity on hand
$531.0M
$81.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$189.1M
Total Assets
$17.3B
$259.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
MCFT
MCFT
Q4 25
$531.0M
$81.4M
Q3 25
$491.0M
$67.3M
Q2 25
$387.5M
$79.4M
Q1 25
$327.4M
$66.5M
Q4 24
$62.9M
Q3 24
$14.2M
Q2 24
$86.2M
Q1 24
$295.7M
$22.5M
Total Debt
DX
DX
MCFT
MCFT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$49.5M
Q2 24
$49.3M
Q1 24
$50.4M
Stockholders' Equity
DX
DX
MCFT
MCFT
Q4 25
$2.5B
$189.1M
Q3 25
$2.0B
$185.5M
Q2 25
$1.6B
$183.4M
Q1 25
$1.4B
$182.1M
Q4 24
$178.3M
Q3 24
$175.4M
Q2 24
$183.7M
Q1 24
$958.5M
$196.9M
Total Assets
DX
DX
MCFT
MCFT
Q4 25
$17.3B
$259.7M
Q3 25
$14.2B
$259.3M
Q2 25
$11.3B
$259.9M
Q1 25
$9.0B
$261.9M
Q4 24
$250.1M
Q3 24
$309.1M
Q2 24
$259.9M
Q1 24
$6.3B
$340.9M
Debt / Equity
DX
DX
MCFT
MCFT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.28×
Q2 24
0.27×
Q1 24
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DX
DX
MCFT
MCFT
Operating Cash FlowLast quarter
$120.8M
$15.6M
Free Cash FlowOCF − Capex
$14.0M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
6.17×
TTM Free Cash FlowTrailing 4 quarters
$26.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
MCFT
MCFT
Q4 25
$120.8M
$15.6M
Q3 25
$68.3M
$-6.8M
Q2 25
$31.9M
$20.4M
Q1 25
$6.4M
$6.3M
Q4 24
$6.4M
Q3 24
$2.4M
Q2 24
Q1 24
$-17.1M
$3.6M
Free Cash Flow
DX
DX
MCFT
MCFT
Q4 25
$14.0M
Q3 25
$-9.9M
Q2 25
$17.9M
Q1 25
$4.3M
Q4 24
$4.0M
Q3 24
$199.0K
Q2 24
Q1 24
$453.0K
FCF Margin
DX
DX
MCFT
MCFT
Q4 25
19.5%
Q3 25
-14.4%
Q2 25
22.5%
Q1 25
5.7%
Q4 24
6.4%
Q3 24
0.3%
Q2 24
Q1 24
0.5%
Capex Intensity
DX
DX
MCFT
MCFT
Q4 25
2.3%
Q3 25
4.5%
Q2 25
3.3%
Q1 25
2.6%
Q4 24
3.8%
Q3 24
3.4%
Q2 24
Q1 24
3.8%
Cash Conversion
DX
DX
MCFT
MCFT
Q4 25
6.17×
Q3 25
0.45×
-1.88×
Q2 25
3.59×
Q1 25
1.69×
Q4 24
2.34×
Q3 24
Q2 24
Q1 24
-0.43×
0.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DX
DX

Segment breakdown not available.

MCFT
MCFT

Boats And Trailers$59.5M83%
Pontoon$10.0M14%
Parts$1.7M2%

Related Comparisons