PennyMac Financial Services (PFSI) Net Margin (2017 - 2026)
PennyMac Financial Services' (PFSI) quarterly Net Margin came in at 4.37% in Q2 2026, down 2631.0% year-over-year from 0.17% in Q2 2025, and down 71.06% quarter-over-quarter from 15.11% in Q1 2026.
Analysis
PennyMac Financial Services (PFSI) Net Margin (2017 - 2026) Analysis & Trends
PennyMac Financial Services (PFSI) has reported Net Margin for 10 consecutive years, with 4.37% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 2631.0% year-over-year to 4.37% in Q2 2026; TTM through Jun 2026 was 14.77%, a 722.0% decrease from a year earlier, with the FY2025 full-year figure at 21.29%, up 175.0% from the prior year.
- Net Margin was 4.37% for Q2 2026 at PennyMac Financial Services, down from 15.11% in the prior quarter.
- Over five years, Net Margin peaked at 30.68% in Q2 2025 and troughed at 10.18% in Q4 2023.
- A 5-year average of 17.32% and a median of 17.51% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 3241 bps in 2024 and plunged 2631 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 11.05% in 2022, then plunged by 192 bps to 10.18% in 2023, then soared by 318 bps to 22.23% in 2024, then tumbled by 65 bps to 7.69% in 2025, then sank by 43 bps to 4.37% in 2026.
- The last three Net Margin figures came in at 4.37% (Q2 2026), 15.11% (Q1 2026), and 7.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 83.31 Bn | 83.31 Bn | - | 2.02% |
| 2 | Rocket Companies | 38.09 Bn | 34.99 Bn | - | 8.23% |
| 3 | Figure Technology Solutions | 8.45 Bn | 6.92 Bn | 196.67 Mn | 38.76% |
| 4 | PennyMac Financial Services | 3.68 Bn | 2.93 Bn | 480.08 Mn | 4.37% |
| 5 | Federal Agricultural Mortgage | 2.45 Bn | 1.41 Bn | - | 47.10% |
| 6 | CNFinance Holdings | 1.41 Bn | 1.41 Bn | - | - |
| 7 | Walker & Dunlop | 1.38 Bn | 1.21 Bn | - | 0.93% |
| 8 | Velocity Financial | 703.72 Mn | -6.75 Bn | - | - |
| 9 | UWM Holdings | 467.47 Mn | -30.93 Mn | - | -50.89% |
| 10 | Onity | 290.33 Mn | 94.03 Mn | - | -4.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.37% |
| Mar 31, 2026 | 15.11% |
| Dec 31, 2025 | 7.69% |
| Sep 30, 2025 | 28.68% |
| Jun 30, 2025 | 30.68% |
| Mar 31, 2025 | 17.70% |
| Dec 31, 2024 | 22.23% |
| Sep 30, 2024 | 16.84% |
| Jun 30, 2024 | 24.19% |
| Mar 31, 2024 | 12.86% |
| Dec 31, 2023 | -10.18% |
| Sep 30, 2023 | 23.20% |
| Jun 30, 2023 | 17.31% |
| Mar 31, 2023 | 10.03% |
| Dec 31, 2022 | 11.05% |
| Sep 30, 2022 | 28.38% |
| Jun 30, 2022 | 25.25% |
| Mar 31, 2022 | 26.40% |
| Dec 31, 2021 | 24.95% |
| Sep 30, 2021 | 31.69% |