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| Date | Value |
|---|---|
| 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% |