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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and NATURAL GAS SERVICES GROUP INC (NGS). Click either name above to swap in a different company.

NATURAL GAS SERVICES GROUP INC is the larger business by last-quarter revenue ($46.1M vs $43.5M, roughly 1.1× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 13.5%).

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.

Southern Company Gas, formerly AGL Resources, is an American Fortune 500 energy services holding company headquartered in Atlanta, Georgia. The company's operations consist of natural gas distribution, wholesale services, retail operations, and midstream operations. Southern Company Gas is one of the largest natural gas distribution companies in the United States. The company serves approximately 4.5 million utility customers through its regulated distribution subsidiaries across four states....

DX vs NGS — Head-to-Head

Bigger by revenue
NGS
NGS
1.1× larger
NGS
$46.1M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+517.8% gap
DX
531.3%
13.5%
NGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DX
DX
NGS
NGS
Revenue
$43.5M
$46.1M
Net Profit
$4.1M
Gross Margin
Operating Margin
15.4%
Net Margin
8.9%
Revenue YoY
531.3%
13.5%
Net Profit YoY
43.2%
EPS (diluted)
$1.59
$0.32

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
NGS
NGS
Q4 25
$43.5M
$46.1M
Q3 25
$30.6M
$43.4M
Q2 25
$23.1M
$41.4M
Q1 25
$17.1M
$41.4M
Q4 24
$40.7M
Q1 24
$-3.2M
Q4 22
$6.2M
Q3 22
$7.1M
Net Profit
DX
DX
NGS
NGS
Q4 25
$4.1M
Q3 25
$150.4M
$5.8M
Q2 25
$-13.6M
$5.2M
Q1 25
$-3.1M
$4.9M
Q4 24
$2.9M
Q1 24
$40.1M
Q4 22
$43.3M
Q3 22
$-46.7M
Operating Margin
DX
DX
NGS
NGS
Q4 25
15.4%
Q3 25
24.8%
Q2 25
24.0%
Q1 25
23.0%
Q4 24
14.9%
Q1 24
Q4 22
Q3 22
Net Margin
DX
DX
NGS
NGS
Q4 25
8.9%
Q3 25
491.3%
13.3%
Q2 25
-58.8%
12.5%
Q1 25
-18.0%
11.7%
Q4 24
7.0%
Q1 24
-1256.8%
Q4 22
697.2%
Q3 22
-655.3%
EPS (diluted)
DX
DX
NGS
NGS
Q4 25
$1.59
$0.32
Q3 25
$1.08
$0.46
Q2 25
$-0.14
$0.41
Q1 25
$-0.06
$0.38
Q4 24
$0.22
Q1 24
$0.64
Q4 22
$0.44
Q3 22
$-1.07

Balance Sheet & Financial Strength

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

Metric
DX
DX
NGS
NGS
Cash + ST InvestmentsLiquidity on hand
$531.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$274.7M
Total Assets
$17.3B
$586.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
NGS
NGS
Q4 25
$531.0M
Q3 25
$491.0M
Q2 25
$387.5M
$325.0K
Q1 25
$327.4M
$2.1M
Q4 24
$2.1M
Q1 24
$295.7M
Q4 22
$332.0M
Q3 22
$260.4M
Stockholders' Equity
DX
DX
NGS
NGS
Q4 25
$2.5B
$274.7M
Q3 25
$2.0B
$271.4M
Q2 25
$1.6B
$266.2M
Q1 25
$1.4B
$260.3M
Q4 24
$255.1M
Q1 24
$958.5M
Q4 22
$901.3M
Q3 22
$771.3M
Total Assets
DX
DX
NGS
NGS
Q4 25
$17.3B
$586.8M
Q3 25
$14.2B
$562.3M
Q2 25
$11.3B
$525.5M
Q1 25
$9.0B
$501.7M
Q4 24
$492.5M
Q1 24
$6.3B
Q4 22
$3.6B
Q3 22
$4.0B

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
NGS
NGS
Operating Cash FlowLast quarter
$120.8M
$13.9M
Free Cash FlowOCF − Capex
$-20.7M
FCF MarginFCF / Revenue
-44.8%
Capex IntensityCapex / Revenue
74.9%
Cash ConversionOCF / Net Profit
3.38×
TTM Free Cash FlowTrailing 4 quarters
$-58.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
NGS
NGS
Q4 25
$120.8M
$13.9M
Q3 25
$68.3M
$16.8M
Q2 25
$31.9M
$11.0M
Q1 25
$6.4M
$21.3M
Q4 24
$9.4M
Q1 24
$-17.1M
Q4 22
$30.1M
Q3 22
$25.5M
Free Cash Flow
DX
DX
NGS
NGS
Q4 25
$-20.7M
Q3 25
$-25.1M
Q2 25
$-14.8M
Q1 25
$2.0M
Q4 24
$-5.1M
Q1 24
Q4 22
Q3 22
FCF Margin
DX
DX
NGS
NGS
Q4 25
-44.8%
Q3 25
-57.7%
Q2 25
-35.8%
Q1 25
4.9%
Q4 24
-12.6%
Q1 24
Q4 22
Q3 22
Capex Intensity
DX
DX
NGS
NGS
Q4 25
74.9%
Q3 25
96.5%
Q2 25
62.4%
Q1 25
46.5%
Q4 24
35.8%
Q1 24
Q4 22
Q3 22
Cash Conversion
DX
DX
NGS
NGS
Q4 25
3.38×
Q3 25
0.45×
2.90×
Q2 25
2.12×
Q1 25
4.38×
Q4 24
3.29×
Q1 24
-0.43×
Q4 22
0.69×
Q3 22

Financial Flow Comparison

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

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