PennyMac Mortgage Investment Trust (PMT) Gross Margin (2010 - 2026)
PennyMac Mortgage Investment Trust (PMT) posted quarterly Gross Margin of 75.99% for Q1 2026, up 2485.0% year-over-year from 2.94% in Q1 2025, and down 50.98% quarter-over-quarter from 155.02% in Q4 2025.
PennyMac Mortgage Investment Trust (PMT) Gross Margin (2010 - 2026) Analysis & Trends
PennyMac Mortgage Investment Trust's Gross Margin history runs 17 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 96.99% (down 245.0% YoY), while the FY2025 annual figure was 95.8%, up 192.0% from the prior year.
- Gross Margin for Q1 2026 stood at 75.99%, down from 155.02% in the prior quarter.
- The five-year high for Gross Margin was 184.86% in Q4 2022, with the low at 5.42% in Q2 2022.
- The 5-year median for Gross Margin is 92.63% (2023), against an average of 94.29%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 7663 bps in 2022, then jumped 9455 bps in 2023.
- PennyMac Mortgage Investment Trust's Gross Margin stood at 184.86% in 2022, then sank by 36 bps to 118.53% in 2023, then gained by 17 bps to 139.23% in 2024, then gained by 11 bps to 155.02% in 2025, then slumped by 51 bps to 75.99% in 2026.
- Business Quant data shows PMT's Gross Margin at 75.99% in Q1 2026, 155.02% in Q4 2025, and 78.83% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 99.06% |
| 10 | PennyMac Mortgage Investment Trust | 825.80 Mn | 404.95 Mn | 53.09 Mn | 73.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 73.00% |
| Mar 31, 2026 | 75.99% |
| Dec 31, 2025 | 155.02% |
| Sep 30, 2025 | 78.83% |
| Jun 30, 2025 | 69.90% |
| Mar 31, 2025 | 51.13% |
| Dec 31, 2024 | 139.23% |
| Sep 30, 2024 | 72.50% |
| Jun 30, 2024 | 99.91% |
| Mar 31, 2024 | 72.69% |
| Dec 31, 2023 | 118.53% |
| Sep 30, 2023 | 92.63% |
| Jun 30, 2023 | 99.97% |
| Mar 31, 2023 | 99.87% |
| Dec 31, 2022 | 184.86% |
| Sep 30, 2022 | 86.84% |
| Jun 30, 2022 | 5.42% |
| Mar 31, 2022 | 99.68% |
| Dec 31, 2021 | 214.82% |
| Sep 30, 2021 | 67.89% |