PennyMac Financial Services (PFSI) Operating Margin (2017 - 2026)

PennyMac Financial Services' (PFSI) quarterly Operating Margin came in at 15.34% in Q1 2026, down 665.0% year-on-year from 2.71% in Q1 2025, and up 100.23% on a QoQ basis from 6689.75% in Q4 2025.

PennyMac Financial Services (PFSI) Operating Margin (2017 - 2026) Analysis & Trends

PennyMac Financial Services (PFSI) has 9 years of Operating Margin data on file, last reported at 15.34% in Q1 2026.

  • On a quarterly basis, Operating Margin fell 665.0% year-over-year to 15.34% in Q1 2026; TTM through Mar 2026 was 40.22%, a 3763.0% decrease from a year earlier, with the FY2025 full-year figure at 7564.9%, down 314401.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 15.34%, up from 6689.75% in the prior quarter.
  • Over the last five years, Operating Margin for PFSI reached as high as 140.96% in Q4 2023 and fell as low as 13009.03% in Q2 2022.
  • Historically, Operating Margin has averaged 3900.92% across 5 years, with a median of 15.34% in 2026.
  • On a YoY basis, Operating Margin climbed as much as 2624659 bps in 2022 and fell as far as 1304531 bps in 2022.
  • Year by year, Operating Margin stood at 86.02% in 2022, then jumped by 64 bps to 140.96% in 2023, then sank by 6086 bps to 8437.75% in 2024, then climbed by 21 bps to 6689.75% in 2025, then surged by 100 bps to 15.34% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 15.34% in Q1 2026, 6689.75% in Q4 2025, and 35.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (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 15.34%
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
Mar 31, 2026 15.34%
Dec 31, 2025 -6,689.75%
Sep 30, 2025 35.13%
Jun 30, 2025 -8,329.52%
Mar 31, 2025 21.99%
Dec 31, 2024 -8,437.75%
Sep 30, 2024 21.57%
Jun 30, 2024 31.62%
Mar 31, 2024 13.16%
Dec 31, 2023 140.96%
Sep 30, 2023 30.52%
Jun 30, 2023 -9,062.97%
Mar 31, 2023 -12,107.56%
Dec 31, 2022 86.02%
Sep 30, 2022 -9,107.62%
Jun 30, 2022 -13,009.03%
Mar 31, 2022 32.26%
Dec 31, 2021 31.35%
Sep 30, 2021 -35,354.22%
Jun 30, 2021 36.28%