PennyMac Financial Services (PFSI) Tax Rate (2017 - 2026)
PennyMac Financial Services (PFSI) reported Tax Rate of 21.37% for Q1 2026, down 543.0% year-over-year from 4.82% in Q1 2025, and up 213.4% quarter-over-quarter from 18.84% in Q4 2025.
PennyMac Financial Services (PFSI) Tax Rate (2017 - 2026) Analysis & Trends
PennyMac Financial Services (PFSI) has 10 years of Tax Rate data on file, last reported at 21.37% in Q1 2026.
- Tax Rate for Q1 2026 came in at 21.37%, down 543.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.47% (down 2595.0% YoY), and the FY2025 annual result was 0.46%, down 2281.0% from the prior year.
- Tax Rate improved to 21.37% in Q1 2026 per PFSI's latest filing, from 18.84% in the prior quarter.
- Over five years, Tax Rate peaked at 32.06% in Q4 2023 and troughed at 240.4% in Q4 2022.
- A 5-year average of 0.25% and a median of 23.21% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 26647 bps in 2022, then soared 27246 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 240.4% in 2022, then soared by 113 bps to 32.06% in 2023, then tumbled by 40 bps to 19.23% in 2024, then plunged by 198 bps to 18.84% in 2025, then soared by 213 bps to 21.37% in 2026.
- Business Quant data shows PFSI's Tax Rate at 21.37% in Q1 2026, 18.84% in Q4 2025, and 23.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 37.42 Bn | 34.73 Bn | - | 25.75% |
| 2 | PennyMac Financial Services | 4.27 Bn | 3.77 Bn | 523.89 Mn | 21.37% |
| 3 | Walker & Dunlop | 1.77 Bn | 1.59 Bn | - | 30.91% |
| 4 | UWM Holdings | 728.84 Mn | 1.55 Bn | - | 4.01% |
| 5 | Velocity Financial | 676.73 Mn | 592.27 Mn | - | 27.78% |
| 6 | CNFinance Holdings | 606.48 Mn | 557.67 Mn | - | - |
| 7 | Better Home & Finance Holding | 411.40 Mn | 341.12 Mn | - | 3.08% |
| 8 | Onity | 314.31 Mn | 314.31 Mn | - | 3.80% |
| 9 | loanDepot | 211.55 Mn | -2.94 Mn | - | 0.31% |
| 10 | Greystone Housing Impact Investors | 119.59 Mn | 119.59 Mn | - | -0.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.37% |
| Mar 31, 2026 | 21.37% |
| Dec 31, 2025 | -18.84% |
| Dec 31, 2025 | -18.84% |
| Sep 30, 2025 | 23.21% |
| Sep 30, 2025 | 23.21% |
| Jun 30, 2025 | -78.52% |
| Jun 30, 2025 | -78.52% |
| Mar 31, 2025 | 26.79% |
| Mar 31, 2025 | 26.79% |
| Dec 31, 2024 | 19.23% |
| Dec 31, 2024 | 19.23% |
| Sep 30, 2024 | 26.15% |
| Sep 30, 2024 | 26.15% |
| Jun 30, 2024 | 26.59% |
| Jun 30, 2024 | 26.59% |
| Mar 31, 2024 | 10.43% |
| Mar 31, 2024 | 10.43% |
| Dec 31, 2023 | 32.06% |
| Dec 31, 2023 | 32.06% |