PennyMac Mortgage Investment Trust (PMT) Change in Taxes (2011 - 2026)
PennyMac Mortgage Investment Trust's (PMT) quarterly Change in Taxes came in at $2.2 million in Q1 2026, up 113.68% year-on-year from $1.0 million in Q1 2025, and up 113.46% quarter-over-quarter from -$16.4 million in Q4 2025.
PennyMac Mortgage Investment Trust (PMT) Change in Taxes (2011 - 2026) Analysis & Trends
PennyMac Mortgage Investment Trust's Change in Taxes history runs 14 years deep, the most recent figure standing at $2.2 million for Q1 2026.
- On a quarterly basis, Change in Taxes rose 113.68% year-over-year to $2.2 million in Q1 2026; TTM through Mar 2026 was -$18.1 million, a 32.87% increase from a year earlier, with the FY2025 full-year figure at -$36.4 million, down 39.18% from the prior year.
- Change in Taxes advanced to $2.2 million in Q1 2026 per PMT's latest filing, from -$16.4 million in the prior quarter.
- Across five years, Change in Taxes topped out at $78.5 million in Q3 2022 and bottomed at -$21.9 million in Q1 2023.
- The 5-year median for Change in Taxes is -$3.8 million (2024), against an average of $7.1 million.
- Across the five-year window, Change in Taxes soared 1756.59% in 2022 and slumped 296.66% in 2025, its largest moves.
- Year by year, Change in Taxes stood at -$8.3 million in 2022, then slumped by 55.46% to -$13.0 million in 2023, then surged by 164.15% to $8.3 million in 2024, then slumped by 296.66% to -$16.4 million in 2025, then jumped by 113.46% to $2.2 million in 2026.
- Per Business Quant, the three latest PMT Change in Taxes figures stand at $2.2 million (Q1 2026), -$16.4 million (Q4 2025), and -$11.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | PennyMac Mortgage Investment Trust | 834.25 Mn | 432.60 Mn | 62.41 Mn | 2.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.20 Mn |
| Mar 31, 2026 | 2.20 Mn |
| Dec 31, 2025 | -16.36 Mn |
| Dec 31, 2025 | -16.36 Mn |
| Sep 30, 2025 | -11.49 Mn |
| Sep 30, 2025 | -11.49 Mn |
| Jun 30, 2025 | 7.55 Mn |
| Jun 30, 2025 | 7.55 Mn |
| Mar 31, 2025 | -16.09 Mn |
| Mar 31, 2025 | -16.09 Mn |
| Dec 31, 2024 | 8.32 Mn |
| Dec 31, 2024 | 8.32 Mn |
| Sep 30, 2024 | -15.36 Mn |
| Sep 30, 2024 | -15.36 Mn |
| Jun 30, 2024 | -3.83 Mn |
| Jun 30, 2024 | -3.83 Mn |
| Mar 31, 2024 | -15.27 Mn |
| Mar 31, 2024 | -15.27 Mn |
| Dec 31, 2023 | -12.96 Mn |
| Dec 31, 2023 | -12.96 Mn |