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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Pagaya Technologies (PGY) Operating Margin (2023 - 2025)

Pagaya Technologies (PGY) has disclosed Operating Margin for 3 consecutive years, with 22.08% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 1072.0% to 22.08% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 20.11% through Dec 2025, up 1354.0% year-over-year, with the annual reading at 20.27% for FY2025, 1380.0% up from the prior year.
  • Operating Margin for Q4 2025 was 22.08% at Pagaya Technologies, down from 22.83% in the prior quarter.
  • The five-year high for Operating Margin was 22.83% in Q3 2025, with the low at 14.25% in Q1 2023.
  • Average Operating Margin over 3 years is 7.51%, with a median of 6.79% recorded in 2024.
  • Peak annual rise in Operating Margin hit 1750bps in 2024, while the deepest fall reached 647bps in 2024.
  • Over 3 years, Operating Margin stood at 4.89% in 2023, then surged by 133bps to 11.36% in 2024, then surged by 94bps to 22.08% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 22.08%, 22.83%, and 17.77% for Q4 2025, Q3 2025, and Q2 2025 respectively.