PennyMac Mortgage Investment Trust (PMT) Net Margin (2012 - 2026)
PennyMac Mortgage Investment Trust's Net Margin was 28.14% in Q2 2026, up 32.30 percentage points from -4.16% a year earlier and up 10.90 percentage points from the prior quarter.
Powered by 
Analysis
PennyMac Mortgage Investment Trust (PMT) Net Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, PennyMac Mortgage Investment Trust's Net Margin was 35.77% through Jun 30, 2026, up 14.90 percentage points year-over-year; for FY2025, it was 27.99%, down 7.67 percentage points from FY2024.
- Net Margin shows a five-year change of +22.14 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 35.66% in FY2024 (-1.13 pp), 36.79% in FY2023 (+74.68 pp), -37.89% in FY2022 (-44.07 pp) and 6.18% in FY2021 (+0.33 pp).
- Quarterly Net Margin has moved between -377.62% (Q2 2022) and 55.60% (Q1 2023) over five years.
- Compared with a year earlier, Net Margin has increased for four straight quarters, with an average year-over-year change of -1.75 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q2 2023 (a gain of 393.29 percentage points); the worst was Q2 2022 (a drop of 403.83 percentage points).
- Per Business Quant data, PMT's Net Margin in the three quarters before Q2 2026 was 17.24% (Q1 2026), 44.79% (Q4 2025) and 48.21% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 8.26% |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 32.04% |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 2.02% |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 138.65% |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 18.21% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | PennyMac Mortgage Investment Trust | 698.49 Mn | -1.11 Bn | - | 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% |
API Access
PennyMac Mortgage Investment Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();