Dynex Effective Tax Rate from 2010 to 2024

DX Stock  USD 12.41  0.09  0.72%   
Dynex Capital Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to 0.33 in 2024. During the period from 2010 to 2024, Dynex Capital Effective Tax Rate regression line of annual values had r-squared of  0.58 and arithmetic mean of  0.99. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.35
Current Value
0.33
Quarterly Volatility
0.69870023
 
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Covid
Check Dynex Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dynex Capital's main balance sheet or income statement drivers, such as Interest Expense of 226.2 M, Other Operating Expenses of 51.3 M or Total Operating Expenses of 51.3 M, as well as many indicators such as Price To Sales Ratio of 3.78, Dividend Yield of 0.096 or PTB Ratio of 0.81. Dynex financial statements analysis is a perfect complement when working with Dynex Capital Valuation or Volatility modules.
  
Check out the analysis of Dynex Capital Correlation against competitors.
For more information on how to buy Dynex Stock please use our How to Invest in Dynex Capital guide.

Latest Dynex Capital's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Dynex Capital over the last few years. Effective Tax Rate is the average rate at which Dynex Capital pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Dynex Capital total tax expenses by Dynex Capital earnings before taxes. It is Dynex Capital's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dynex Capital's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Dynex Effective Tax Rate Regression Statistics

Arithmetic Mean0.99
Geometric Mean0.65
Coefficient Of Variation70.88
Mean Deviation0.64
Median1.26
Standard Deviation0.70
Sample Variance0.49
Range1.9747
R-Value(0.76)
Mean Square Error0.22
R-Squared0.58
Significance0.001
Slope(0.12)
Total Sum of Squares6.83

Dynex Effective Tax Rate History

2024 0.33
2023 0.35
2022 0.3
2021 0.11
2020 0.0986
2019 0.75
2018 0.15

About Dynex Capital Financial Statements

Dynex Capital investors use historical fundamental indicators, such as Dynex Capital's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dynex Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.35  0.33 

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Additional Tools for Dynex Stock Analysis

When running Dynex Capital's price analysis, check to measure Dynex Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dynex Capital is operating at the current time. Most of Dynex Capital's value examination focuses on studying past and present price action to predict the probability of Dynex Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynex Capital's price. Additionally, you may evaluate how the addition of Dynex Capital to your portfolios can decrease your overall portfolio volatility.