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