PennyMac Mortgage Investment Trust (PMT) EBT Margin (2010 - 2026)

PennyMac Mortgage Investment Trust's (PMT) quarterly EBT Margin came in at 32.75% in Q1 2026, up 4692.0% year-on-year from 0.68% in Q1 2025, and down 15.1% quarter-over-quarter from 38.58% in Q4 2025.

PennyMac Mortgage Investment Trust (PMT) EBT Margin (2010 - 2026) Analysis & Trends

PennyMac Mortgage Investment Trust's EBT Margin history runs 17 years deep, the most recent figure standing at 32.75% for Q1 2026.

  • On a quarterly basis, EBT Margin rose 4692.0% year-over-year to 32.75% in Q1 2026; TTM through Mar 2026 was 36.8%, a 265.0% increase from a year earlier, with the FY2025 full-year figure at 30.51%, down 1218.0% from the prior year.
  • EBT Margin fell to 32.75% in Q1 2026 per PMT's latest filing, from 38.58% in the prior quarter.
  • Across five years, EBT Margin topped out at 72.45% in Q3 2023 and bottomed at 185.43% in Q2 2022.
  • The 5-year median for EBT Margin is 40.18% (2024), against an average of 23.33%.
  • Across the five-year window, EBT Margin tumbled 19678 bps in 2022 and surged 23723 bps in 2023, its largest moves.
  • Year by year, EBT Margin stood at 11.17% in 2022, then jumped by 526 bps to 47.56% in 2023, then rose by 7 bps to 51.08% in 2024, then slipped by 24 bps to 38.58% in 2025, then slipped by 15 bps to 32.75% in 2026.
  • Per Business Quant, the three latest PMT EBT Margin figures stand at 32.75% (Q1 2026), 38.58% (Q4 2025), and 47.36% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (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 - 10.44%
4 Rithm Capital 5.01 Bn 5.01 Bn - 11.17%
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 4.45%
6 Ellington Financial 1.63 Bn 1.51 Bn - 56.06%
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 32.75%

Historic Data

Download Data
DateValue
Mar 31, 2026 32.75%
Dec 31, 2025 38.58%
Sep 30, 2025 47.36%
Jun 30, 2025 24.22%
Mar 31, 2025 -14.17%
Dec 31, 2024 51.08%
Sep 30, 2024 32.81%
Jun 30, 2024 40.18%
Mar 31, 2024 43.64%
Dec 31, 2023 47.56%
Sep 30, 2023 72.45%
Jun 30, 2023 51.80%
Mar 31, 2023 42.94%
Dec 31, 2022 -11.17%
Sep 30, 2022 59.84%
Jun 30, 2022 -185.43%
Mar 31, 2022 22.12%
Dec 31, 2021 -39.43%
Sep 30, 2021 -85.05%
Jun 30, 2021 11.35%