PennyMac Financial Services (PFSI) Operating Leases (2019 - 2023)
PennyMac Financial Services' (PFSI) quarterly Operating Leases came in at $70.2 million in Q3 2023, down 24.0% year-on-year from $92.4 million in Q3 2022, and down 7.56% on a QoQ basis from $76.0 million in Q2 2023.
PennyMac Financial Services (PFSI) Operating Leases (2019 - 2023) Analysis & Trends
PennyMac Financial Services (PFSI) has 5 years of Operating Leases data on file, last reported at $70.2 million in Q3 2023.
- On a quarterly basis, Operating Leases fell 24.0% year-over-year to $70.2 million in Q3 2023; TTM through Sep 2023 was $70.2 million, a 24.0% decrease from a year earlier, with the FY2022 full-year figure at $85.6 million, down 22.23% from the prior year.
- Operating Leases for Q3 2023 stood at $70.2 million, down from $76.0 million in the prior quarter.
- Over the last five years, Operating Leases for PFSI reached as high as $110.0 million in Q4 2021 and fell as low as $70.2 million in Q3 2023.
- Historically, Operating Leases has averaged $89.8 million across 5 years, with a median of $92.0 million in 2020.
- Across the five-year window, Operating Leases advanced 27.5% in 2020 and dropped 26.08% in 2023, its largest moves.
- Year by year, Operating Leases stood at $91.3 million in 2019, then increased by 3.15% to $94.2 million in 2020, then advanced by 16.78% to $110.0 million in 2021, then slipped by 22.23% to $85.6 million in 2022, then fell by 17.93% to $70.2 million in 2023.
- Per Business Quant data, the three most recent Operating Leases figures were $70.2 million in Q3 2023, $76.0 million in Q2 2023, and $81.7 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 70.21 Mn |
| Jun 30, 2023 | 75.96 Mn |
| Mar 31, 2023 | 81.72 Mn |
| Dec 31, 2022 | 85.55 Mn |
| Sep 30, 2022 | 92.38 Mn |
| Jun 30, 2022 | 102.76 Mn |
| Mar 31, 2022 | 106.32 Mn |
| Dec 31, 2021 | 110.00 Mn |
| Sep 30, 2021 | 105.45 Mn |
| Jun 30, 2021 | 96.46 Mn |
| Mar 31, 2021 | 96.07 Mn |
| Dec 31, 2020 | 94.19 Mn |
| Sep 30, 2020 | 92.01 Mn |
| Jun 30, 2020 | 93.61 Mn |
| Mar 31, 2020 | 89.83 Mn |
| Dec 31, 2019 | 91.32 Mn |
| Sep 30, 2019 | 72.16 Mn |
| Jun 30, 2019 | 73.46 Mn |
| Mar 31, 2019 | 76.37 Mn |