Last 48 quarters of trend data · Real Estate · REIT - Mortgage
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
PennyMac Mortgage Investment Trust's quarterly P/E stands at 18.2x.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 10.35 | 18.22 | 6.40 | 5.57 | — | — | 7.68 | 9.90 | 20.22 | 9.41 | 8.49 | 6.08 | 21.06 |
| — | — | -16.6% | -43.7% | — | — | -9.6% | +62.9% | -4.0% | +52.6% | — | -96.9% | — | |
| P/S Ratio | 0.87 | 75.39 | 0.64 | 0.92 | 1.18 | 1.68 | 18.64 | 1.17 | 2.45 | 3.98 | 1.31 | 137.58 | 1.65 |
| — | +4381.8% | -96.6% | -21.2% | -51.9% | -57.7% | +1324.9% | -99.2% | +48.8% | +159.3% | -50.5% | +4236.4% | — | |
| P/B Ratio | 0.47 | 0.54 | 0.58 | 0.57 | 0.60 | 0.67 | 0.56 | 0.64 | 0.62 | 0.83 | 0.85 | 0.71 | 0.61 |
| — | -18.7% | +2.6% | -11.2% | -2.6% | -19.6% | -33.5% | -9.5% | +1.1% | +17.3% | +50.7% | +33.6% | -0.8% | |
| P/FCF | — | — | — | — | — | — | — | — | 1.22 | — | 0.78 | 5.41 | 0.15 |
| — | — | — | — | — | — | — | — | +740.9% | — | +43.5% | — | — | |
| EV / EBITDA | 210.13 | — | 17.12 | 85.34 | 209.40 | — | 21.62 | 7.40 | 10.77 | 12.32 | 6.44 | 21.02 | 9.27 |
| — | — | -20.8% | +1054.0% | +1844.3% | — | +235.9% | -64.8% | +16.1% | +23.9% | -57.0% | -5.5% | — | |
| EV / EBIT | 210.13 | — | 17.12 | 85.34 | 209.40 | — | 21.62 | 7.40 | 10.77 | 12.32 | 6.44 | 21.02 | 9.27 |
| — | — | -20.8% | +1054.0% | +1844.3% | — | +235.9% | -64.8% | +16.1% | +23.9% | -57.0% | -5.5% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
PennyMac Mortgage Investment Trust's operating margin was -389.4% in Q1 2026, down 457.7 pp QoQ and down 386.0 pp YoY. The trailing four-quarter average of -74.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 8141.6% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.4% | -301.0% | 91.5% | 21.4% | 13.5% | 3.7% | -115.8% | 85.5% | 77.9% | 73.6% | 91.1% | -1052.8% | 83.9% |
| — | -8141.6% | +179.1% | -75.0% | -82.7% | -94.9% | -227.1% | +108.1% | -7.1% | -12.5% | +44.2% | -2351.0% | -40.5% | |
| Operating Margin | 9.1% | -389.4% | 68.3% | 16.2% | 7.2% | -3.3% | -227.2% | 81.3% | 68.6% | 63.0% | 86.7% | -1503.0% | 78.2% |
| — | -11596.6% | +130.1% | -80.1% | -89.5% | -105.3% | -362.0% | +105.4% | -12.2% | -20.8% | +70.7% | -4640.3% | -48.1% | |
| Net Margin | 12.4% | 420.6% | 12.3% | 20.1% | 3.2% | 5.1% | 317.4% | 15.6% | 20.9% | 46.5% | 16.7% | 2453.9% | 13.8% |
| — | +8121.2% | -96.1% | +28.8% | -84.8% | -89.0% | +1802.4% | -99.4% | +51.4% | +74.5% | +273.6% | +17221.7% | -78.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.7% | 0.8% | 2.8% | 3.1% | 0.4% | 0.5% | 2.4% | 2.1% | 1.3% | 2.4% | 2.7% | 3.2% | 1.3% |
| — | +49.7% | +15.8% | +45.7% | -69.3% | -79.3% | -11.4% | -32.5% | +3.4% | -21.2% | +1056.3% | +443.2% | +138.3% | |
| ROA | 0.7% | 0.1% | 0.3% | 0.3% | 0.0% | 0.1% | 0.3% | 0.3% | 0.2% | 0.4% | 0.4% | 0.5% | 0.2% |
| — | -2.3% | -22.5% | +0.2% | -77.2% | -82.4% | -15.7% | -28.6% | +21.8% | -9.6% | +1099.4% | +426.5% | +131.0% | |
| ROIC | 0.4% | -0.1% | 1.2% | 0.2% | 0.1% | -0.0% | -0.2% | 1.4% | 0.5% | 0.4% | 1.7% | -0.2% | 0.8% |
| — | -120.2% | +707.4% | -83.6% | -83.2% | -108.7% | -111.4% | +703.5% | -29.6% | -58.4% | +456.5% | -236.8% | +172.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 74.3% YoY to 0.07x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 10.12 | 1.65 | 10.12 | 8.66 | 7.80 | 6.64 | 6.26 | 5.58 | 5.03 | 5.07 | 5.35 | 5.51 | 5.70 |
| — | -75.1% | +61.7% | +55.2% | +55.2% | +30.9% | +16.9% | +1.2% | -11.9% | -22.3% | -7.7% | -0.9% | +11.8% | |
| Debt / EBITDA | 203.53 | — | 65.66 | 346.25 | 855.74 | — | 81.42 | 27.32 | 38.84 | 42.80 | 22.76 | 76.01 | 34.19 |
| — | — | -19.4% | +1167.4% | +2103.1% | — | +257.8% | -64.1% | +13.6% | +18.3% | -58.7% | -6.9% | — | |
| Current Ratio | 0.03 | 0.07 | 0.03 | 0.20 | 0.23 | 0.26 | — | — | — | — | — | — | — |
| — | -74.3% | — | — | — | — | — | — | — | — | — | — | — | |
| Quick Ratio | 0.03 | 0.07 | 0.03 | 0.20 | 0.23 | 0.26 | — | — | — | 0.01 | — | — | — |
| — | -74.3% | — | — | — | +2174.2% | — | — | — | — | — | — | — | |
| Interest Coverage | 0.11 | -0.05 | 1.14 | 0.21 | 0.08 | -0.03 | 0.80 | 2.15 | 1.46 | 1.35 | 2.48 | 0.77 | 1.72 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying PMT stock.
PennyMac Mortgage Investment Trust's current P/E is 10.4x. The average P/E over the last 3 quarters is 10.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
PennyMac Mortgage Investment Trust's current operating margin is 9.1%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking PennyMac Mortgage Investment Trust's business trajectory between earnings reports.