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DYNEX CAPITAL INC（DX）与花花公子（PLBY）财务数据对比。点击上方公司名可切换其他公司
DYNEX CAPITAL INC的季度营收约是花花公子的1.2倍（$43.5M vs $34.9M），DYNEX CAPITAL INC同比增速更快（531.3% vs 4.2%），过去两年DYNEX CAPITAL INC的营收复合增速更高（75.8% vs 11.0%）
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。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
DX vs PLBY — 直观对比
营收规模更大
DX
是对方的1.2倍
$34.9M
营收增速更快
DX
高出527.1%
4.2%
两年增速更快
DX
近两年复合增速
11.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.5M | $34.9M |
| 净利润 | — | $3.6M |
| 毛利率 | — | 73.3% |
| 营业利润率 | — | 7.9% |
| 净利率 | — | 10.3% |
| 营收同比 | 531.3% | 4.2% |
| 净利润同比 | — | 128.6% |
| 每股收益（稀释后） | $1.59 | $0.05 |
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DXPLBY
| Q4 25 | $43.5M | $34.9M | ||
| Q3 25 | $30.6M | $29.0M | ||
| Q2 25 | $23.1M | $28.1M | ||
| Q1 25 | $17.1M | $28.9M | ||
| Q4 24 | — | $33.5M | ||
| Q3 24 | — | $29.4M | ||
| Q2 24 | — | $24.9M | ||
| Q1 24 | $-3.2M | $28.3M |
净利润DXPLBY
| Q4 25 | — | $3.6M | ||
| Q3 25 | $150.4M | $460.0K | ||
| Q2 25 | $-13.6M | $-7.7M | ||
| Q1 25 | $-3.1M | $-9.0M | ||
| Q4 24 | — | $-12.5M | ||
| Q3 24 | — | $-33.8M | ||
| Q2 24 | — | $-16.7M | ||
| Q1 24 | $40.1M | $-16.4M |
毛利率DXPLBY
| Q4 25 | — | 73.3% | ||
| Q3 25 | — | 76.0% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | — | 70.8% | ||
| Q3 24 | — | 61.0% | ||
| Q2 24 | — | 67.8% | ||
| Q1 24 | — | 55.8% |
营业利润率DXPLBY
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | -20.9% | ||
| Q1 25 | — | -21.7% | ||
| Q4 24 | — | -13.3% | ||
| Q3 24 | — | -96.0% | ||
| Q2 24 | — | -37.0% | ||
| Q1 24 | — | -31.5% |
净利率DXPLBY
| Q4 25 | — | 10.3% | ||
| Q3 25 | 491.3% | 1.6% | ||
| Q2 25 | -58.8% | -27.3% | ||
| Q1 25 | -18.0% | -31.3% | ||
| Q4 24 | — | -37.4% | ||
| Q3 24 | — | -114.7% | ||
| Q2 24 | — | -66.9% | ||
| Q1 24 | -1256.8% | -58.1% |
每股收益（稀释后）DXPLBY
| Q4 25 | $1.59 | $0.05 | ||
| Q3 25 | $1.08 | $0.00 | ||
| Q2 25 | $-0.14 | $-0.08 | ||
| Q1 25 | $-0.06 | $-0.10 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | — | $-0.45 | ||
| Q2 24 | — | $-0.23 | ||
| Q1 24 | $0.64 | $-0.23 |
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 | $531.0M | $37.8M |
| 总债务越低越好 | — | $174.2M |
| 股东权益账面价值 | $2.5B | $18.4M |
| 总资产 | $17.3B | $292.4M |
| 负债/权益比越低杠杆越低 | — | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资DXPLBY
| Q4 25 | $531.0M | $37.8M | ||
| Q3 25 | $491.0M | $27.5M | ||
| Q2 25 | $387.5M | $19.6M | ||
| Q1 25 | $327.4M | $23.7M | ||
| Q4 24 | — | $30.9M | ||
| Q3 24 | — | $9.5M | ||
| Q2 24 | — | $16.9M | ||
| Q1 24 | $295.7M | $19.0M |
总债务DXPLBY
| Q4 25 | — | $174.2M | ||
| Q3 25 | — | $176.8M | ||
| Q2 25 | — | $177.5M | ||
| Q1 25 | — | $176.3M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | — | $196.3M | ||
| Q1 24 | — | $193.4M |
股东权益DXPLBY
| Q4 25 | $2.5B | $18.4M | ||
| Q3 25 | $2.0B | $3.8M | ||
| Q2 25 | $1.6B | $-17.5M | ||
| Q1 25 | $1.4B | $-11.4M | ||
| Q4 24 | — | $-7.7M | ||
| Q3 24 | — | $-15.7M | ||
| Q2 24 | — | $15.7M | ||
| Q1 24 | $958.5M | $29.5M |
总资产DXPLBY
| Q4 25 | $17.3B | $292.4M | ||
| Q3 25 | $14.2B | $278.3M | ||
| Q2 25 | $11.3B | $264.1M | ||
| Q1 25 | $9.0B | $270.6M | ||
| Q4 24 | — | $284.7M | ||
| Q3 24 | — | $271.5M | ||
| Q2 24 | — | $301.8M | ||
| Q1 24 | $6.3B | $309.1M |
负债/权益比DXPLBY
| Q4 25 | — | 9.48× | ||
| Q3 25 | — | 46.86× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.51× | ||
| Q1 24 | — | 6.54× |
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 | $120.8M | $1.4M |
| 自由现金流经营现金流 - 资本支出 | — | $1.1M |
| 自由现金流率自由现金流/营收 | — | 3.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.39× |
| 过去12个月自由现金流最近4个季度 | — | $-1.0M |
8季度趋势，按日历期对齐
经营现金流DXPLBY
| Q4 25 | $120.8M | $1.4M | ||
| Q3 25 | $68.3M | $10.1M | ||
| Q2 25 | $31.9M | $-3.9M | ||
| Q1 25 | $6.4M | $-7.6M | ||
| Q4 24 | — | $161.0K | ||
| Q3 24 | — | $-6.5M | ||
| Q2 24 | — | $-3.0M | ||
| Q1 24 | $-17.1M | $-9.8M |
自由现金流DXPLBY
| Q4 25 | — | $1.1M | ||
| Q3 25 | — | $9.8M | ||
| Q2 25 | — | $-4.3M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | — | $-401.0K | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-10.3M |
自由现金流率DXPLBY
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 33.8% | ||
| Q2 25 | — | -15.2% | ||
| Q1 25 | — | -26.5% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | -23.7% | ||
| Q2 24 | — | -14.8% | ||
| Q1 24 | — | -36.5% |
资本支出强度DXPLBY
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 2.1% |
现金转化率DXPLBY
| Q4 25 | — | 0.39× | ||
| Q3 25 | 0.45× | 22.02× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
DX
暂无分部数据
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
