PennyMac Mortgage Investment Trust PMT
NYSE PMT
$9.62 -0.02 (-0.21%)
As of: Sep 8, 2026 · 3:59 PM EDT

PennyMac Mortgage Investment Trust (PMT) Gross Margin (2012 - 2024)

PennyMac Mortgage Investment Trust (PMT) posted Gross Margin of 113.1% for Q4 2024, up 35.66% on a QoQ basis from 83.37% in Q3 2024, and down 543.0% year-over-year from 25.53% in Q1 2024.

Analysis

PennyMac Mortgage Investment Trust (PMT) Gross Margin (2012 - 2024) Analysis & Trends

PennyMac Mortgage Investment Trust has reported Gross Margin for 13 years, with the latest figure at 113.1% in Q4 2024.

  • On a quarterly basis, Gross Margin fell 543.0% year-over-year to 113.1% in Q4 2024; TTM through Dec 2024 was 132.07%, a 2390.0% increase from a year earlier, with the FY2025 full-year figure at 95.8%, up 192.0% from the prior year.
  • Gross Margin was 113.1% for Q4 2024 at PennyMac Mortgage Investment Trust, up from 83.37% in the prior quarter.
  • The five-year high for Gross Margin was 152.73% in Q4 2022, with the low at 41.97% in Q2 2022.
  • Average Gross Margin over 5 years is 90.46%, with a median of 89.81% recorded in 2021.
  • The largest YoY upside for Gross Margin was 9127 bps in 2022 against a maximum downside of 4008 bps in 2022.
  • Over 5 years, Gross Margin stood at 88.31% in 2020, then slumped by 30 bps to 61.46% in 2021, then surged by 149 bps to 152.73% in 2022, then fell by 22 bps to 118.53% in 2023, then retreated by 5 bps to 113.1% in 2024.
  • The last three Gross Margin figures came in at 113.1% (Q4 2024), 83.37% (Q3 2024), and 118.53% (Q4 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - -
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - -
10 PennyMac Mortgage Investment Trust 840.19 Mn 419.34 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 113.10%
Sep 30, 2024 83.37%
Dec 31, 2023 118.53%
Sep 30, 2023 92.63%
Dec 31, 2022 152.73%
Sep 30, 2022 90.53%
Jun 30, 2022 41.97%
Mar 31, 2022 78.22%
Dec 31, 2021 61.46%
Sep 30, 2021 67.89%
Jun 30, 2021 82.05%
Mar 31, 2021 89.08%
Dec 31, 2020 88.31%
Sep 30, 2020 92.44%
Jun 30, 2020 97.56%
Mar 31, 2020 97.55%
Dec 31, 2019 91.32%
Sep 30, 2019 88.98%
Jun 30, 2019 86.47%
Mar 31, 2019 89.35%