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Side-by-side financial comparison of DYNEX CAPITAL INC (DX) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.
Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $43.5M, roughly 1.3× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs 4.8%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs -2.1%).
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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
DX vs VTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.5M | $58.6M |
| Net Profit | — | $-739.0K |
| Gross Margin | — | — |
| Operating Margin | — | -12.0% |
| Net Margin | — | -1.3% |
| Revenue YoY | 531.3% | 4.8% |
| Net Profit YoY | — | 85.6% |
| EPS (diluted) | $1.59 | $-0.01 |
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 | $58.6M | ||
| Q3 25 | $30.6M | $67.4M | ||
| Q2 25 | $23.1M | $81.8M | ||
| Q1 25 | $17.1M | $66.2M | ||
| Q4 24 | — | $55.9M | ||
| Q3 24 | — | $58.3M | ||
| Q2 24 | — | $66.6M | ||
| Q1 24 | $-3.2M | $61.2M |
| Q4 25 | — | $-739.0K | ||
| Q3 25 | $150.4M | $-1.3M | ||
| Q2 25 | $-13.6M | $24.7M | ||
| Q1 25 | $-3.1M | $2.7M | ||
| Q4 24 | — | $-5.1M | ||
| Q3 24 | — | $17.4M | ||
| Q2 24 | — | $10.9M | ||
| Q1 24 | $40.1M | $-2.2M |
| Q4 25 | — | -12.0% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 8.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | — | 25.2% | ||
| Q1 24 | — | 21.4% |
| Q4 25 | — | -1.3% | ||
| Q3 25 | 491.3% | -1.9% | ||
| Q2 25 | -58.8% | 30.2% | ||
| Q1 25 | -18.0% | 4.0% | ||
| Q4 24 | — | -9.2% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | -1256.8% | -3.6% |
| Q4 25 | $1.59 | $-0.01 | ||
| Q3 25 | $1.08 | $-0.03 | ||
| Q2 25 | $-0.14 | $0.60 | ||
| Q1 25 | $-0.06 | $0.08 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | — | $0.53 | ||
| Q2 24 | — | $0.33 | ||
| Q1 24 | $0.64 | $-0.07 |
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 | $629.3M |
| Total Assets | $17.3B | $893.4M |
| 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 | $4.5M | ||
| Q4 24 | — | $3.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $295.7M | — |
| Q4 25 | $2.5B | $629.3M | ||
| Q3 25 | $2.0B | $650.3M | ||
| Q2 25 | $1.6B | $671.9M | ||
| Q1 25 | $1.4B | $667.7M | ||
| Q4 24 | — | $500.3M | ||
| Q3 24 | — | $520.4M | ||
| Q2 24 | — | $518.5M | ||
| Q1 24 | $958.5M | $522.7M |
| Q4 25 | $17.3B | $893.4M | ||
| Q3 25 | $14.2B | $932.9M | ||
| Q2 25 | $11.3B | $951.5M | ||
| Q1 25 | $9.0B | $975.2M | ||
| Q4 24 | — | $810.9M | ||
| Q3 24 | — | $791.2M | ||
| Q2 24 | — | $778.4M | ||
| Q1 24 | $6.3B | $749.7M |
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 | $37.4M |
| 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 | $37.4M | ||
| Q3 25 | $68.3M | $49.4M | ||
| Q2 25 | $31.9M | $66.0M | ||
| Q1 25 | $6.4M | $17.5M | ||
| Q4 24 | — | $34.7M | ||
| Q3 24 | — | $45.7M | ||
| Q2 24 | — | $35.2M | ||
| Q1 24 | $-17.1M | $39.4M |
| Q4 25 | — | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | — | 2.68× | ||
| Q1 25 | — | 6.56× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | — | 3.22× | ||
| Q1 24 | -0.43× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DX
Segment breakdown not available.
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
