PennyMac Mortgage Investment Trust (PMT) Interest Expense - Debt (2013 - 2026)

PennyMac Mortgage Investment Trust's (PMT) quarterly Interest Expense - Debt came in at $120.5 million in Q1 2026, up 319.78% year-on-year from $28.7 million in Q1 2025, and up 227.62% quarter-over-quarter from -$94.5 million in Q4 2025.

PennyMac Mortgage Investment Trust (PMT) Interest Expense - Debt (2013 - 2026) Analysis & Trends

PennyMac Mortgage Investment Trust's Interest Expense - Debt history runs 14 years deep, the most recent figure standing at $120.5 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Debt rose 319.78% year-over-year to $120.5 million in Q1 2026; TTM through Mar 2026 was $120.5 million, a 319.78% increase from a year earlier, with the FY2025 full-year figure at $226.9 million, down 13.06% from the prior year.
  • Interest Expense - Debt advanced to $120.5 million in Q1 2026 per PMT's latest filing, from -$94.5 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $232.3 million in Q4 2023 and bottomed at -$94.5 million in Q4 2025.
  • The 5-year median for Interest Expense - Debt is $53.8 million (2025), against an average of $59.2 million.
  • Across the five-year window, Interest Expense - Debt surged 972.04% in 2022 and tumbled 141.78% in 2025, its largest moves.
  • Year by year, Interest Expense - Debt stood at $112.0 million in 2022, then jumped by 107.37% to $232.3 million in 2023, then fell by 2.67% to $226.1 million in 2024, then tumbled by 141.78% to -$94.5 million in 2025, then jumped by 227.62% to $120.5 million in 2026.
  • Per Business Quant, the three latest PMT Interest Expense - Debt figures stand at $120.5 million (Q1 2026), -$94.5 million (Q4 2025), and $65.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (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 - 109,000.00
10 PennyMac Mortgage Investment Trust 834.25 Mn 432.60 Mn 62.41 Mn 120.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 120.54 Mn
Dec 31, 2025 -94.45 Mn
Sep 30, 2025 65.41 Mn
Jun 30, 2025 53.80 Mn
Mar 31, 2025 28.72 Mn
Dec 31, 2024 226.09 Mn
Sep 30, 2024 66.31 Mn
Jun 30, 2024 11.63 Mn
Mar 31, 2024 64.99 Mn
Dec 31, 2023 232.29 Mn
Sep 30, 2023 13.65 Mn
Jun 30, 2023 12.79 Mn
Mar 31, 2023 54.95 Mn
Dec 31, 2022 112.02 Mn
Sep 30, 2022 14.27 Mn
Jun 30, 2022 15.02 Mn
Mar 31, 2022 8.32 Mn
Dec 31, 2021 10.45 Mn
Sep 30, 2021 10.45 Mn
Jun 30, 2021 10.31 Mn