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
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