PennyMac Financial Services (PFSI) Operating Leases (2019 - 2023)

PennyMac Financial Services (PFSI) reported Operating Leases of $70.2 million for Q3 2023, down 24.0% year-over-year from $92.4 million in Q3 2022, and down 7.56% quarter-over-quarter 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.

  • Operating Leases for Q3 2023 came in at $70.2 million, down 24.0% year-over-year; the trailing twelve-month figure through Sep 2023 was $70.2 million (down 24.0% YoY), and the FY2022 annual result was $85.6 million, down 22.23% from the prior year.
  • Operating Leases retreated to $70.2 million in Q3 2023 per PFSI's latest filing, from $76.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $110.0 million in Q4 2021 and troughed at $70.2 million in Q3 2023.
  • A 5-year average of $89.8 million and a median of $92.0 million in 2020 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2020 and 2023: Operating Leases grew 27.5% in 2020, then fell 26.08% in 2023.
  • A 5-year view of Operating Leases shows it stood at $91.3 million in 2019, then advanced by 3.15% to $94.2 million in 2020, then increased by 16.78% to $110.0 million in 2021, then fell by 22.23% to $85.6 million in 2022, then slipped by 17.93% to $70.2 million in 2023.
  • Business Quant data shows PFSI's Operating Leases at $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 34.85 Bn 32.16 Bn -
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn
3 Walker & Dunlop 1.73 Bn 1.55 Bn -
4 UWM Holdings 743.45 Mn 1.57 Bn -
5 Velocity Financial 668.42 Mn 583.96 Mn -
6 CNFinance Holdings 591.78 Mn 542.97 Mn -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn -
8 Onity 306.24 Mn 306.24 Mn -
9 loanDepot 209.70 Mn -4.79 Mn -
10 Greystone Housing Impact Investors 120.06 Mn 120.06 Mn -

Historic Data

Download Data
DateValue
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