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ADAMAS TRUST, INC.（ADAM）与DYNEX CAPITAL INC（DX）财务数据对比。点击上方公司名可切换其他公司
DYNEX CAPITAL INC的季度营收约是ADAMAS TRUST, INC.的1.0倍（$43.5M vs $43.2M），DYNEX CAPITAL INC同比增速更快（531.3% vs 61.6%），过去两年DYNEX CAPITAL INC的营收复合增速更高（75.8% vs 55.5%）
Dynex Capital Inc是一家总部位于美国的上市房地产投资信托公司，专注于投资和管理抵押贷款支持证券、住宅及商业抵押贷款等各类抵押相关资产组合，通过稳健运营为股东创造稳定分红和长期资本增值。
ADAM vs DX — 直观对比
营收规模更大
DX
是对方的1.0倍
$43.2M
营收增速更快
DX
高出469.7%
61.6%
两年增速更快
DX
近两年复合增速
55.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.2M | $43.5M |
| 净利润 | $53.5M | — |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 124.0% | — |
| 营收同比 | 61.6% | 531.3% |
| 净利润同比 | 270.5% | — |
| 每股收益（稀释后） | $0.45 | $1.59 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ADAMDX
| Q4 25 | $43.2M | $43.5M | ||
| Q3 25 | $36.6M | $30.6M | ||
| Q2 25 | $36.4M | $23.1M | ||
| Q1 25 | $33.1M | $17.1M | ||
| Q4 24 | $26.7M | — | ||
| Q3 24 | $20.2M | — | ||
| Q2 24 | $19.0M | — | ||
| Q1 24 | $17.9M | $-3.2M |
净利润ADAMDX
| Q4 25 | $53.5M | — | ||
| Q3 25 | $44.8M | $150.4M | ||
| Q2 25 | $8.5M | $-13.6M | ||
| Q1 25 | $42.2M | $-3.1M | ||
| Q4 24 | $-31.4M | — | ||
| Q3 24 | $42.8M | — | ||
| Q2 24 | $-15.6M | — | ||
| Q1 24 | $-57.9M | $40.1M |
营业利润率ADAMDX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -119.0% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -124.7% | — | ||
| Q1 24 | -448.8% | — |
净利率ADAMDX
| Q4 25 | 124.0% | — | ||
| Q3 25 | 122.5% | 491.3% | ||
| Q2 25 | 23.4% | -58.8% | ||
| Q1 25 | 127.4% | -18.0% | ||
| Q4 24 | -117.5% | — | ||
| Q3 24 | 211.7% | — | ||
| Q2 24 | -81.9% | — | ||
| Q1 24 | -324.1% | -1256.8% |
每股收益（稀释后）ADAMDX
| Q4 25 | $0.45 | $1.59 | ||
| Q3 25 | $0.36 | $1.08 | ||
| Q2 25 | $-0.04 | $-0.14 | ||
| Q1 25 | $0.33 | $-0.06 | ||
| Q4 24 | $-0.46 | — | ||
| Q3 24 | $0.36 | — | ||
| Q2 24 | $-0.29 | — | ||
| Q1 24 | $-0.75 | $0.64 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $210.3M | $531.0M |
| 总债务越低越好 | $735.8M | — |
| 股东权益账面价值 | $1.4B | $2.5B |
| 总资产 | $12.6B | $17.3B |
| 负债/权益比越低杠杆越低 | 0.52× | — |
8季度趋势，按日历期对齐
现金及短期投资ADAMDX
| Q4 25 | $210.3M | $531.0M | ||
| Q3 25 | $185.3M | $491.0M | ||
| Q2 25 | $160.4M | $387.5M | ||
| Q1 25 | $177.1M | $327.4M | ||
| Q4 24 | $167.4M | — | ||
| Q3 24 | $195.1M | — | ||
| Q2 24 | $235.5M | — | ||
| Q1 24 | $226.9M | $295.7M |
总债务ADAMDX
| Q4 25 | $735.8M | — | ||
| Q3 25 | $766.6M | — | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | — | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
股东权益ADAMDX
| Q4 25 | $1.4B | $2.5B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $1.6B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.5B | $958.5M |
总资产ADAMDX
| Q4 25 | $12.6B | $17.3B | ||
| Q3 25 | $12.4B | $14.2B | ||
| Q2 25 | $10.6B | $11.3B | ||
| Q1 25 | $10.0B | $9.0B | ||
| Q4 24 | $9.2B | — | ||
| Q3 24 | $8.9B | — | ||
| Q2 24 | $8.2B | — | ||
| Q1 24 | $7.4B | $6.3B |
负债/权益比ADAMDX
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $134.0M | $120.8M |
| 自由现金流经营现金流 - 资本支出 | $125.9M | — |
| 自由现金流率自由现金流/营收 | 291.6% | — |
| 资本支出强度资本支出/营收 | 18.9% | — |
| 现金转化率经营现金流/净利润 | 2.50× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ADAMDX
| Q4 25 | $134.0M | $120.8M | ||
| Q3 25 | $6.9M | $68.3M | ||
| Q2 25 | $39.2M | $31.9M | ||
| Q1 25 | $25.8M | $6.4M | ||
| Q4 24 | $14.1M | — | ||
| Q3 24 | $-922.0K | — | ||
| Q2 24 | $-993.0K | — | ||
| Q1 24 | $-13.1M | $-17.1M |
自由现金流ADAMDX
| Q4 25 | $125.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-10.6M | — | ||
| Q3 24 | $-8.6M | — | ||
| Q2 24 | $-8.6M | — | ||
| Q1 24 | $-19.1M | — |
自由现金流率ADAMDX
| Q4 25 | 291.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -39.6% | — | ||
| Q3 24 | -42.3% | — | ||
| Q2 24 | -44.9% | — | ||
| Q1 24 | -107.0% | — |
资本支出强度ADAMDX
| Q4 25 | 18.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 92.3% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 39.7% | — | ||
| Q1 24 | 33.5% | — |
现金转化率ADAMDX
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | 0.45× | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.43× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
DX
暂无分部数据
