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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

DYNEX CAPITAL INC is the larger business by last-quarter revenue ($43.5M vs $27.2M, roughly 1.6× SUNation Energy, Inc.). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 77.0%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs 43.5%).

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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

DX vs SUNE — Head-to-Head

Bigger by revenue
DX
DX
1.6× larger
DX
$43.5M
$27.2M
SUNE
Growing faster (revenue YoY)
DX
DX
+454.3% gap
DX
531.3%
77.0%
SUNE
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
43.5%
SUNE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DX
DX
SUNE
SUNE
Revenue
$43.5M
$27.2M
Net Profit
$2.6M
Gross Margin
40.7%
Operating Margin
10.7%
Net Margin
9.6%
Revenue YoY
531.3%
77.0%
Net Profit YoY
138.2%
EPS (diluted)
$1.59
$105.59

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
SUNE
SUNE
Q4 25
$43.5M
$27.2M
Q3 25
$30.6M
$19.0M
Q2 25
$23.1M
$13.1M
Q1 25
$17.1M
$12.6M
Q4 24
$15.4M
Q3 24
$14.7M
Q2 24
$13.5M
Q1 24
$-3.2M
$13.2M
Net Profit
DX
DX
SUNE
SUNE
Q4 25
$2.6M
Q3 25
$150.4M
$-393.0K
Q2 25
$-13.6M
$-9.6M
Q1 25
$-3.1M
$-3.5M
Q4 24
$-6.8M
Q3 24
$-3.3M
Q2 24
$-6.9M
Q1 24
$40.1M
$1.2M
Gross Margin
DX
DX
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
DX
DX
SUNE
SUNE
Q4 25
10.7%
Q3 25
-1.3%
Q2 25
-16.6%
Q1 25
-17.2%
Q4 24
-42.3%
Q3 24
-10.9%
Q2 24
-15.0%
Q1 24
-16.5%
Net Margin
DX
DX
SUNE
SUNE
Q4 25
9.6%
Q3 25
491.3%
-2.1%
Q2 25
-58.8%
-73.5%
Q1 25
-18.0%
-27.7%
Q4 24
-44.4%
Q3 24
-22.4%
Q2 24
-51.2%
Q1 24
-1256.8%
9.1%
EPS (diluted)
DX
DX
SUNE
SUNE
Q4 25
$1.59
$105.59
Q3 25
$1.08
$-0.12
Q2 25
$-0.14
$-3.14
Q1 25
$-0.06
$-106.71
Q4 24
$41676.94
Q3 24
$-2350.12
Q2 24
$-11022.91
Q1 24
$0.64
$-38414.84

Balance Sheet & Financial Strength

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

Metric
DX
DX
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$531.0M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$2.5B
$24.3M
Total Assets
$17.3B
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
SUNE
SUNE
Q4 25
$531.0M
$7.2M
Q3 25
$491.0M
$5.4M
Q2 25
$387.5M
$3.2M
Q1 25
$327.4M
$1.4M
Q4 24
$839.3K
Q3 24
$1.1M
Q2 24
$1.0M
Q1 24
$295.7M
$1.8M
Total Debt
DX
DX
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DX
DX
SUNE
SUNE
Q4 25
$2.5B
$24.3M
Q3 25
$2.0B
$21.7M
Q2 25
$1.6B
$22.1M
Q1 25
$1.4B
$14.8M
Q4 24
$8.5M
Q3 24
$13.1M
Q2 24
$-10.9M
Q1 24
$958.5M
$-11.2M
Total Assets
DX
DX
SUNE
SUNE
Q4 25
$17.3B
$48.2M
Q3 25
$14.2B
$49.6M
Q2 25
$11.3B
$44.1M
Q1 25
$9.0B
$44.4M
Q4 24
$45.7M
Q3 24
$51.0M
Q2 24
$52.9M
Q1 24
$6.3B
$54.7M
Debt / Equity
DX
DX
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
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
DX
DX
SUNE
SUNE
Operating Cash FlowLast quarter
$120.8M
$2.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
SUNE
SUNE
Q4 25
$120.8M
$2.1M
Q3 25
$68.3M
$2.4M
Q2 25
$31.9M
$-130.2K
Q1 25
$6.4M
$-3.4M
Q4 24
$-1.9M
Q3 24
$-968.1K
Q2 24
$-776.4K
Q1 24
$-17.1M
$-2.6M
Free Cash Flow
DX
DX
SUNE
SUNE
Q4 25
Q3 25
$2.4M
Q2 25
Q1 25
Q4 24
$-1.9M
Q3 24
$-980.3K
Q2 24
$-788.4K
Q1 24
$-2.7M
FCF Margin
DX
DX
SUNE
SUNE
Q4 25
Q3 25
12.5%
Q2 25
Q1 25
Q4 24
-12.4%
Q3 24
-6.7%
Q2 24
-5.8%
Q1 24
-20.1%
Capex Intensity
DX
DX
SUNE
SUNE
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
DX
DX
SUNE
SUNE
Q4 25
0.81×
Q3 25
0.45×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.43×
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DX
DX

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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