DX FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
DX's fcf yield is lower than 83% of the last 10 years.
FCF Yield History
DX FCF Yield by year
Yearly range of DX’s fcf yield from 2016 to 2026. Over the full period it ranged from 1.2% to 89.5%, averaging 31.6%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 5.2% | 6.8% | 8.4% | 8.2% |
| 2025 | 1.2% | 3.8% | 7.2% | 5.5% |
| 2024 | 1.4% | 4.9% | 9.2% | 1.4% |
| 2023 | 10.9% | 15.0% | 22.8% | 11.1% |
| 2022 | 22.5% | 24.7% | 32.6% | 23.3% |
| 2021 | 24.0% | 30.9% | 43.1% | 24.0% |
| 2020 | 37.9% | 50.8% | 89.5% | 42.0% |
| 2019 | 39.6% | 45.1% | 50.8% | 45.1% |
| 2018 | 50.7% | 55.4% | 63.6% | 51.9% |
| 2017 | 56.4% | 60.2% | 64.5% | 59.8% |
| 2016 | 57.7% | 62.0% | 66.2% | 63.3% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is DX FCF Yield High or Low Right Now?
Dynex Capital, Inc.'s FCF Yield is currently 8.2%, which is historically low relative to its 10-year historical range. The 10-year median FCF Yield for DX is approximately 32.4%. See all DX valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.