PennyMac Mortgage Investment Trust (PMT) Net Margin (2012 - 2026)
PennyMac Mortgage Investment Trust (PMT) posted Net Margin of 28.14% for Q2 2026, up 63.2% on a QoQ basis from 17.24% in Q1 2026, and up 3230.0% year-over-year from 0.84% in Q2 2025.
Analysis
PennyMac Mortgage Investment Trust (PMT) Net Margin (2012 - 2026) Analysis & Trends
PennyMac Mortgage Investment Trust has reported Net Margin for 15 years, with the latest figure at 28.14% in Q2 2026.
- On a quarterly basis, Net Margin rose 3230.0% year-over-year to 28.14% in Q2 2026; TTM through Jun 2026 was 35.77%, a 1490.0% increase from a year earlier, with the FY2025 full-year figure at 27.99%, down 767.0% from the prior year.
- Net Margin was 28.14% for Q2 2026 at PennyMac Mortgage Investment Trust, up from 17.24% in the prior quarter.
- The five-year high for Net Margin was 55.6% in Q1 2023, with the low at 377.62% in Q2 2022.
- Average Net Margin over 5 years is 0.18%, with a median of 24.59% recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 40383 bps in 2022, then surged 39329 bps in 2023.
- Over 5 years, Net Margin stood at 11.73% in 2022, then soared by 527 bps to 50.08% in 2023, then tumbled by 33 bps to 33.43% in 2024, then soared by 34 bps to 44.79% in 2025, then tumbled by 37 bps to 28.14% in 2026.
- The last three Net Margin figures came in at 28.14% (Q2 2026), 17.24% (Q1 2026), and 44.79% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | - | 2.92% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.57% |
| 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 | - | 34.76% |
| 10 | PennyMac Mortgage Investment Trust | 840.19 Mn | 419.34 Mn | - | 28.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.14% |
| Mar 31, 2026 | 17.24% |
| Dec 31, 2025 | 44.79% |
| Sep 30, 2025 | 48.21% |
| Jun 30, 2025 | -4.16% |
| Mar 31, 2025 | -1.74% |
| Dec 31, 2024 | 33.43% |
| Sep 30, 2024 | 38.28% |
| Jun 30, 2024 | 21.04% |
| Mar 31, 2024 | 50.07% |
| Dec 31, 2023 | 50.08% |
| Sep 30, 2023 | 31.19% |
| Jun 30, 2023 | 15.67% |
| Mar 31, 2023 | 55.60% |
| Dec 31, 2022 | -11.73% |
| Sep 30, 2022 | 0.97% |
| Jun 30, 2022 | -377.62% |
| Mar 31, 2022 | -36.15% |
| Dec 31, 2021 | -55.25% |
| Sep 30, 2021 | -91.79% |