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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 (PGYWW) Operating Margin (2021 - 2026)

Pagaya Technologies has reported Operating Margin over the past 5 years, most recently at 22.08% for Q4 2025.

  • Quarterly Operating Margin rose 1162.0% to 22.08% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 19.87% through Dec 2025, up 1350.0% year-over-year, with the annual reading at 20.27% for FY2025, 1380.0% up from the prior year.
  • Operating Margin was 22.08% for Q4 2025 at Pagaya Technologies, down from 22.83% in the prior quarter.
  • Over five years, Operating Margin peaked at 22.83% in Q3 2025 and troughed at 82.97% in Q2 2022.
  • The 5-year median for Operating Margin is 3.14% (2024), against an average of 1.38%.
  • Year-over-year, Operating Margin tumbled -9343bps in 2022 and then skyrocketed 7773bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 1.41% in 2021, then plummeted by -880bps to 13.84% in 2022, then surged by 131bps to 4.27% in 2023, then skyrocketed by 145bps to 10.46% in 2024, then soared by 111bps to 22.08% in 2025.
  • Per Business Quant, the three most recent readings for PGYWW's Operating Margin are 22.08% (Q4 2025), 22.83% (Q3 2025), and 17.3% (Q2 2025).