PennyMac Mortgage Investment Trust (PMT-PA) Gross Margin (2012 - 2026)
PennyMac Mortgage Investment Trust (PMT-PA) recorded quarterly Gross Margin of 75.99% in Q1 2026, down 50.98% quarter-over-quarter from 155.02% in Q4 2025, and up 2485.0% on a YoY basis from 2.94% in Q1 2025.
PennyMac Mortgage Investment Trust (PMT-PA) Gross Margin (2012 - 2026) Analysis & Trends
PennyMac Mortgage Investment Trust's Gross Margin history runs 15 years deep, the most recent figure standing at 75.99% for Q1 2026.
- In Q1 2026, Gross Margin rose 2485.0% year-over-year to 75.99%; the TTM figure through Mar 2026 stood at 103.03% (up 1022.0% YoY), while the FY2025 annual figure was 95.8%, up 192.0% from the prior year.
- Gross Margin was 75.99% for Q1 2026 at PennyMac Mortgage Investment Trust, down from 155.02% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 155.02% in Q4 2025 to a low of 51.13% in Q1 2025.
- Historically, Gross Margin has averaged 95.14% across 5 years, with a median of 99.59% in 2025.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 5457 bps in 2023, then slumped 4875 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 63.96% in 2022, then jumped by 85 bps to 118.53% in 2023, then advanced by 17 bps to 139.23% in 2024, then advanced by 11 bps to 155.02% in 2025, then tumbled by 51 bps to 75.99% in 2026.
- The last three Gross Margin figures came in at 75.99% (Q1 2026), 155.02% (Q4 2025), and 78.83% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | PennyMac Mortgage Investment Trust | - | - | 62.41 Mn | 75.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.99% |
| Dec 31, 2025 | 155.02% |
| Sep 30, 2025 | 78.83% |
| Jun 30, 2025 | 99.59% |
| Mar 31, 2025 | 51.13% |
| Dec 31, 2024 | 139.23% |
| Sep 30, 2024 | 72.50% |
| Jun 30, 2024 | 71.54% |
| Mar 31, 2024 | 99.88% |
| Dec 31, 2023 | 118.53% |
| Sep 30, 2023 | 92.63% |
| Jun 30, 2023 | 99.81% |
| Mar 31, 2023 | 99.68% |
| Dec 31, 2022 | 63.96% |
| Sep 30, 2022 | 99.83% |
| Jun 30, 2022 | 99.51% |
| Mar 31, 2022 | 99.74% |
| Dec 31, 2021 | 62.38% |
| Sep 30, 2021 | 67.89% |
| Jun 30, 2021 | 82.05% |