PennyMac Mortgage Investment Trust (PMT) financial statements
PennyMac Mortgage Investment Trust reported revenue of $307M in fiscal 2025, up 1.4% a year over 9 years.
Net income was $128M.
The diluted share count rose 13% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PennyMac Mortgage Investment Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $272M | $318M | $351M | $489M | $469M | $420M | $304M | $429M | $334M | $307M |
| Interest expense | $150M | $151M | $175M | $297M | $271M | $305M | $410M | $736M | — | — |
| Pre-tax income | $62M | $125M | $158M | $191M | $80M | $45M | $63M | $244M | $143M | $94M |
| Income tax | -$14M | $7M | $5M | -$36M | $27M | -$12M | $136M | $45M | -$18M | -$34M |
| Net income | $76M | $118M | $153M | $226M | $52M | $57M | -$73M | $200M | $161M | $128M |
| EPS (diluted) | $1.08 | $1.48 | $1.99 | $2.42 | $0.27 | $0.26 | -$1.26 | $1.63 | $1.37 | $0.99 |
| Diluted shares | 77M | 75M | 69M | 88M | 99M | 97M | 91M | 112M | 87M | 87M |
| Net margin | 27.9% | 37.0% | 43.5% | 46.3% | 11.2% | 13.5% | -24.1% | 46.5% | 48.2% | 41.6% |
Balance sheet
Fiscal years, from PennyMac Mortgage Investment Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $157M | $96M | $135M | $195M | $185M | $227M | $364M | $409M | $441M | $462M |
| Total assets | $6.4B | $5.6B | $7.8B | $11.8B | $11.5B | $13.8B | $13.9B | $13.1B | $14.4B | $21.3B |
| Total liabilities | $5.0B | $4.1B | $6.2B | $9.3B | $9.2B | $11.4B | $12.0B | $11.2B | $12.5B | $19.5B |
| Shareholders' equity | $1.4B | $1.5B | $1.6B | $2.5B | $2.3B | $2.4B | $2.0B | $2.0B | $1.9B | $1.9B |
| Net debt | -$34M | -$78M | -$60M | -$104M | -$58M | -$59M | -$112M | -$281M | -$338M | -$272M |
Cash flow
Fiscal years, from PennyMac Mortgage Investment Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$622M | $223M | -$574M | -$3.0B | $672M | -$2.8B | $1.8B | $1.3B | -$2.7B | -$7.2B |
| Stock-based compensation | $6M | $5M | $5M | $6M | $2M | $2M | $4M | $5M | $3M | $4M |
| Dividends paid | $132M | $126M | $116M | $141M | $152M | $184M | $174M | $141M | $139M | $139M |
| Share buybacks (net) | -$98M | -$91M | -$11M | $0 | -$37M | -$57M | -$88M | -$28M | $0 | $0 |
| Dividends per share | $1.71 | $1.69 | $1.67 | $1.61 | $1.53 | $1.89 | $1.90 | $1.26 | $1.60 | $1.60 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for PMT.
Open PMT in InvestinglyQuestions
What was PennyMac Mortgage Investment Trust's revenue in 2025?
$307M in fiscal 2025, from its 10-K filing.
From PennyMac Mortgage Investment Trust's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.