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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.
DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $40.1M, roughly 1.1× Strawberry Fields REIT, Inc.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 31.5%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 20.0%).
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.
Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.
DX vs STRW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $43.5M | $40.1M |
| Net Profit | — | $2.0M |
| Gross Margin | — | — |
| Operating Margin | — | 52.4% |
| Net Margin | — | 5.0% |
| Revenue YoY | 531.3% | 31.5% |
| Net Profit YoY | — | 37.6% |
| EPS (diluted) | $1.59 | $0.15 |
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 | $40.1M | ||
| Q3 25 | $30.6M | $39.7M | ||
| Q2 25 | $23.1M | $37.9M | ||
| Q1 25 | $17.1M | $37.3M | ||
| Q4 24 | — | $30.5M | ||
| Q3 24 | — | $29.5M | ||
| Q2 24 | — | $29.3M | ||
| Q1 24 | $-3.2M | $27.8M |
| Q4 25 | — | $2.0M | ||
| Q3 25 | $150.4M | $2.0M | ||
| Q2 25 | $-13.6M | $2.0M | ||
| Q1 25 | $-3.1M | $1.6M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $944.0K | ||
| Q2 24 | — | $938.0K | ||
| Q1 24 | $40.1M | $746.0K |
| Q4 25 | — | 52.4% | ||
| Q3 25 | — | 56.6% | ||
| Q2 25 | — | 54.5% | ||
| Q1 25 | — | 54.1% | ||
| Q4 24 | — | 51.5% | ||
| Q3 24 | — | 54.4% | ||
| Q2 24 | — | 52.3% | ||
| Q1 24 | — | 51.3% |
| Q4 25 | — | 5.0% | ||
| Q3 25 | 491.3% | 5.1% | ||
| Q2 25 | -58.8% | 5.2% | ||
| Q1 25 | -18.0% | 4.2% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | -1256.8% | 2.7% |
| Q4 25 | $1.59 | $0.15 | ||
| Q3 25 | $1.08 | $0.16 | ||
| Q2 25 | $-0.14 | $0.16 | ||
| Q1 25 | $-0.06 | $0.13 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | — | $0.14 | ||
| Q2 24 | — | $0.14 | ||
| Q1 24 | $0.64 | $0.12 |
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 | $31.8M |
| Total DebtLower is stronger | — | $794.7M |
| Stockholders' EquityBook value | $2.5B | $12.1M |
| Total Assets | $17.3B | $885.2M |
| Debt / EquityLower = less leverage | — | 65.64× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $531.0M | $31.8M | ||
| Q3 25 | $491.0M | $19.8M | ||
| Q2 25 | $387.5M | $96.3M | ||
| Q1 25 | $327.4M | $42.3M | ||
| Q4 24 | — | $48.4M | ||
| Q3 24 | — | $29.3M | ||
| Q2 24 | — | $16.1M | ||
| Q1 24 | $295.7M | $15.1M |
| Q4 25 | — | $794.7M | ||
| Q3 25 | — | $779.4M | ||
| Q2 25 | — | $794.1M | ||
| Q1 25 | — | $715.5M | ||
| Q4 24 | — | $673.9M | ||
| Q3 24 | — | $584.5M | ||
| Q2 24 | — | $555.0M | ||
| Q1 24 | — | $560.4M |
| Q4 25 | $2.5B | $12.1M | ||
| Q3 25 | $2.0B | $14.2M | ||
| Q2 25 | $1.6B | $15.5M | ||
| Q1 25 | $1.4B | $19.6M | ||
| Q4 24 | — | $18.2M | ||
| Q3 24 | — | $12.6M | ||
| Q2 24 | — | $7.4M | ||
| Q1 24 | $958.5M | $7.5M |
| Q4 25 | $17.3B | $885.2M | ||
| Q3 25 | $14.2B | $880.6M | ||
| Q2 25 | $11.3B | $897.3M | ||
| Q1 25 | $9.0B | $834.8M | ||
| Q4 24 | — | $787.6M | ||
| Q3 24 | — | $661.5M | ||
| Q2 24 | — | $635.9M | ||
| Q1 24 | $6.3B | $634.9M |
| Q4 25 | — | 65.64× | ||
| Q3 25 | — | 54.70× | ||
| Q2 25 | — | 51.26× | ||
| Q1 25 | — | 36.47× | ||
| Q4 24 | — | 37.09× | ||
| Q3 24 | — | 46.34× | ||
| Q2 24 | — | 74.61× | ||
| Q1 24 | — | 74.81× |
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 | $90.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 44.62× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.8M | $90.0M | ||
| Q3 25 | $68.3M | $20.7M | ||
| Q2 25 | $31.9M | $29.8M | ||
| Q1 25 | $6.4M | $19.0M | ||
| Q4 24 | — | $59.3M | ||
| Q3 24 | — | $11.8M | ||
| Q2 24 | — | $20.6M | ||
| Q1 24 | $-17.1M | $2.1M |
| Q4 25 | — | 44.62× | ||
| Q3 25 | 0.45× | 10.26× | ||
| Q2 25 | — | 15.24× | ||
| Q1 25 | — | 11.97× | ||
| Q4 24 | — | 40.44× | ||
| Q3 24 | — | 12.53× | ||
| Q2 24 | — | 21.93× | ||
| Q1 24 | -0.43× | 2.85× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.