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
DateValue
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