PennyMac Financial Services (PFSI) Tax Rate (2017 - 2026)
PennyMac Financial Services (PFSI) posted quarterly Tax Rate of 21.37% for Q1 2026, down 543.0% year-over-year from 4.82% in Q1 2025, and down 69.13% quarter-over-quarter from 69.22% in Q4 2025.
PennyMac Financial Services (PFSI) Tax Rate (2017 - 2026) Analysis & Trends
PennyMac Financial Services (PFSI) has reported Tax Rate for 10 consecutive years, with 21.37% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 543.0% year-over-year to 21.37%; the TTM figure through Mar 2026 stood at 19.98% (down 451.0% YoY), while the FY2025 annual figure was 21.0%, down 134.0% from the prior year.
- Tax Rate declined to 21.37% in Q1 2026 per PFSI's latest filing, from 69.22% in the prior quarter.
- Across five years, Tax Rate topped out at 95.33% in Q4 2023 and bottomed at 78.52% in Q2 2025.
- Historically, Tax Rate has averaged 25.4% across 5 years, with a median of 26.15% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate soared 5088 bps — and 2025, when it slumped 10511 bps.
- PennyMac Financial Services' Tax Rate stood at 44.45% in 2022, then soared by 114 bps to 95.33% in 2023, then slumped by 80 bps to 19.23% in 2024, then soared by 260 bps to 69.22% in 2025, then sank by 69 bps to 21.37% in 2026.
- Business Quant data shows PFSI's Tax Rate at 21.37% in Q1 2026, 69.22% in Q4 2025, and 23.21% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | 18.51% |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | 20.18% |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | 19.61% |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 31.08% |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | -36.84% |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 26.96% |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | 4.44% |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | 21.19% |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | -0.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.08% |
| Jun 30, 2026 | 31.08% |
| Jun 30, 2026 | 31.08% |
| Mar 31, 2026 | 21.37% |
| Mar 31, 2026 | 21.37% |
| Mar 31, 2026 | 21.37% |
| Dec 31, 2025 | 69.22% |
| Dec 31, 2025 | 69.22% |
| Dec 31, 2025 | 69.22% |
| Sep 30, 2025 | 23.21% |
| Sep 30, 2025 | 23.21% |
| Sep 30, 2025 | 23.21% |
| Jun 30, 2025 | -78.52% |
| Jun 30, 2025 | -78.52% |
| Jun 30, 2025 | -78.52% |
| Mar 31, 2025 | 26.79% |
| Mar 31, 2025 | 26.79% |
| Mar 31, 2025 | 26.79% |
| Dec 31, 2024 | 19.23% |
| Dec 31, 2024 | 19.23% |