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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.
Plymouth Industrial REIT, Inc. is the larger business by last-quarter revenue ($51.2M vs $43.5M, roughly 1.2× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs -1.4%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 0.4%).
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.
Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.
DX vs PLYM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $51.2M |
| Net Profit | — | $-54.4M |
| Gross Margin | — | — |
| Operating Margin | — | -102.5% |
| Net Margin | — | -106.3% |
| Revenue YoY | 531.3% | -1.4% |
| Net Profit YoY | — | -248.5% |
| EPS (diluted) | $1.59 | $-1.23 |
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.
| Q4 25 | $43.5M | — | ||
| Q3 25 | $30.6M | $51.2M | ||
| Q2 25 | $23.1M | $47.2M | ||
| Q1 25 | $17.1M | $45.6M | ||
| Q4 24 | — | $47.6M | ||
| Q3 24 | — | $51.9M | ||
| Q2 24 | — | $48.7M | ||
| Q1 24 | $-3.2M | $50.2M |
| Q4 25 | — | — | ||
| Q3 25 | $150.4M | $-54.4M | ||
| Q2 25 | $-13.6M | $-6.1M | ||
| Q1 25 | $-3.1M | $5.8M | ||
| Q4 24 | — | $147.4M | ||
| Q3 24 | — | $-15.6M | ||
| Q2 24 | — | $1.3M | ||
| Q1 24 | $40.1M | $6.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | -102.5% | ||
| Q2 25 | — | -10.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -29.6% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 491.3% | -106.3% | ||
| Q2 25 | -58.8% | -12.9% | ||
| Q1 25 | -18.0% | 12.8% | ||
| Q4 24 | — | 309.9% | ||
| Q3 24 | — | -30.1% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | -1256.8% | 12.4% |
| Q4 25 | $1.59 | — | ||
| Q3 25 | $1.08 | $-1.23 | ||
| Q2 25 | $-0.14 | $-0.14 | ||
| Q1 25 | $-0.06 | $0.13 | ||
| Q4 24 | — | $3.24 | ||
| Q3 24 | — | $-0.35 | ||
| Q2 24 | — | $0.03 | ||
| Q1 24 | $0.64 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $531.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.5B | $470.1M |
| Total Assets | $17.3B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.0M | — | ||
| Q3 25 | $491.0M | — | ||
| Q2 25 | $387.5M | — | ||
| Q1 25 | $327.4M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $295.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $646.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.0B | $470.1M | ||
| Q2 25 | $1.6B | $539.6M | ||
| Q1 25 | $1.4B | $571.0M | ||
| Q4 24 | — | $579.5M | ||
| Q3 24 | — | $436.5M | ||
| Q2 24 | — | $475.2M | ||
| Q1 24 | $958.5M | $484.6M |
| Q4 25 | $17.3B | — | ||
| Q3 25 | $14.2B | $1.6B | ||
| Q2 25 | $11.3B | $1.6B | ||
| Q1 25 | $9.0B | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | $6.3B | $1.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $120.8M | $20.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.8M | — | ||
| Q3 25 | $68.3M | $20.0M | ||
| Q2 25 | $31.9M | $23.4M | ||
| Q1 25 | $6.4M | $15.6M | ||
| Q4 24 | — | $96.1M | ||
| Q3 24 | — | $17.6M | ||
| Q2 24 | — | $19.9M | ||
| Q1 24 | $-17.1M | $16.6M |
| Q4 25 | — | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 15.12× | ||
| Q1 24 | -0.43× | 2.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
