8-K Announcements
6May 5, 2026·SEC
Jan 29, 2026·SEC
Dec 22, 2025·SEC
PennyMac Mortgage Investment Trust (PMTU) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PennyMac Mortgage Investment Trust (PMTU) stock price & volume — 10-year historical chart
PennyMac Mortgage Investment Trust (PMTU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
PennyMac Mortgage Investment Trust (PMTU) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.16vs $0.37-56.6% | $82Mvs $93M-11.6% |
| Q1 2026 | Jan 29, 2026 | $0.48vs $0.40+20.8% | $94Mvs $98M-5.0% |
| Q4 2025 | Oct 21, 2025 | $0.67vs $0.35+89.0% | $444Mvs $97M+357.0% |
| Q3 2025 | Jul 22, 2025 | $0.09vs $0.36-75.7% | $5Mvs $94M-94.6% |
PennyMac Mortgage Investment Trust (PMTU) competitors in Real Estate Finance and Mortgage REITs — business model, growth, and fundamentals comparison
PennyMac Mortgage Investment Trust (PMTU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PennyMac Mortgage Investment Trust (PMTU) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 448.93M | 409.85M | 953.17M | 1.41B | 757.48M | -145.66M | 725.87M | 504.6M | 1.03B | 956.98M |
| Revenue Growth % | 44.35% | -8.71% | 132.57% | 47.75% | -46.21% | -119.23% | 598.32% | -30.48% | 103.82% | 61.81% |
| Property Operating Expenses | 139.93M | 139.61M | 234.21M | 333.27M | 308.74M | 175.54M | 122.1M | 124.11M | 870.39M | 483.04M |
| Net Operating Income (NOI) | 309.01M▲ 0% | 270.23M▼ 12.5% | 718.96M▲ 166.1% | 1.08B▲ 49.5% | 448.74M▼ 58.3% | -321.2M▼ 171.6% | 603.76M▲ 288.0% | 380.5M▼ 37.0% | 158.07M▼ 58.5% | 473.94M▲ 0% |
| NOI Margin % | 68.83% | 65.94% | 75.43% | 76.33% | 59.24% | 220.51% | 83.18% | 75.4% | 15.37% | 49.52% |
| Operating Expenses | 37.29M | 39.03M | 50.56M | 46.27M | 54.74M | 48.63M | 45.53M | 49.17M | 64.25M | 132.22M |
| G&A Expenses | 35.81M | 37.63M | 48.95M | 44.83M | 52.95M | 46.58M | 43.49M | 47.01M | 11.89M | 32.57M |
| EBITDA | 129.76M | 334.68M | 190.64M | 1.29B | 688.32M | 26.33M | 1.28B | 1.03B | 93.82M | 341.72M |
| EBITDA Margin % | 28.9% | 81.66% | 20% | 91.57% | 90.87% | -18.08% | 176.24% | 203.67% | 9.12% | 35.71% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | 271.72M▲ 0% | 231.2M▼ 14.9% | 668.4M▲ 189.1% | 1.03B▲ 53.9% | 394M▼ 61.7% | -369.84M▼ 193.9% | 558.23M▲ 250.9% | 331.33M▼ 40.6% | 93.82M▼ 71.7% | 341.72M▲ 0% |
| Operating Margin % | 60.53% | 56.41% | 70.12% | 73.05% | 52.01% | 253.9% | 76.91% | 65.66% | 9.12% | 35.71% |
| Interest Expense | 151.37M | 175.17M | 297.45M | 270.77M | 304.74M | 410.42M | 735.97M | 714.66M | 870.39M | 4M |
| Interest Coverage | 0.86x | 1.91x | 0.64x | 4.76x | 2.26x | 0.06x | 1.74x | 1.44x | 0.11x | - |
| Non-Operating Income | 271.72M | 231.2M | 668.4M | 1.03B | 394M | -369.84M | 558.23M | 331.33M | 0 | 0 |
| Pretax Income | 124.55M▲ 0% | 157.99M▲ 26.9% | 190.64M▲ 20.7% | 79.73M▼ 58.2% | 44.66M▼ 44.0% | 63.09M▲ 41.3% | 244.4M▲ 287.4% | 142.65M▼ 41.6% | 93.82M▼ 34.2% | 127.01M▲ 0% |
| Pretax Margin % | 27.74% | 38.55% | 20% | 5.66% | 5.9% | -43.31% | 33.67% | 28.27% | 9.12% | 13.27% |
| Income Tax | 6.8M | 5.19M | 35.72M | 27.36M | 12.19M | 136.37M | 44.74M | 18.34M | -34.05M | -15.8M |
| Effective Tax Rate % | 5.46% | 3.29% | 18.73% | 34.31% | 27.3% | 216.17% | 18.31% | 12.85% | -36.3% | -12.44% |
| Net Income | 117.75M▲ 0% | 152.8M▲ 29.8% | 226.36M▲ 48.1% | 52.37M▼ 76.9% | 56.85M▲ 8.6% | -73.29M▼ 228.9% | 199.65M▲ 372.4% | 160.98M▼ 19.4% | 127.87M▼ 20.6% | 132.35M▲ 0% |
| Net Margin % | 26.23% | 37.28% | 23.75% | 3.72% | 7.51% | 50.31% | 27.51% | 31.9% | 12.43% | 13.83% |
| Net Income Growth % | 55.32% | 29.77% | 48.14% | -76.86% | 8.56% | -228.9% | 372.43% | -19.37% | -20.57% | 7.56% |
| Funds From Operations (FFO) | 199.37M▲ 0% | 247.13M▲ 24.0% | 610.09M▲ 146.9% | 52.37M▼ 91.4% | 56.85M▲ 8.6% | -66.54M▼ 217.0% | 199.76M▲ 400.2% | 160.98M▼ 19.4% | 127.87M▼ 20.6% | 75.97M▲ 0% |
| FFO Margin % | 44.41% | 60.3% | 64.01% | 3.72% | 7.51% | 45.68% | 27.52% | 31.9% | 12.43% | 7.94% |
| FFO Growth % | 40.94% | 23.95% | 146.87% | - | - | - | 400.22% | - | - | 0% |
| FFO per Share | 2.67 | 3.56 | 6.96 | 0.53 | 0.58 | -0.73 | 1.79 | 1.85 | 1.47 | 0.87 |
| FFO Payout Ratio % | 63.27% | 46.78% | 23.11% | 289.42% | 323.59% | -260.82% | 70.39% | 86.53% | 108.99% | 137.59% |
| EPS (Diluted) | 1.48▲ 0% | 2.20▲ 48.6% | 2.42▲ 10.0% | 0.27▼ 88.8% | 0.26▼ 3.7% | -1.26▼ 584.6% | 1.63▲ 229.4% | 1.37▼ 16.0% | 0.99▼ 27.7% | 1.52▲ 0% |
| EPS Growth % | 37.04% | 48.65% | 10% | -88.84% | -3.7% | -584.62% | 229.37% | -15.95% | -27.74% | 25.11% |
| EPS (Basic) | 1.53 | 2.20 | 2.54 | 0.27 | 0.26 | -1.26 | 1.80 | 1.37 | 0.99 | - |
| Diluted Shares Outstanding | 74.61M | 69.36M | 87.71M | 99.37M | 97.4M | 91.43M | 111.7M | 86.81M | 86.99M | 87.08M |
PennyMac Mortgage Investment Trust (PMTU) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 5.6B | 7.81B | 11.77B | 11.52B | 13.77B | 13.92B | 13.11B | 14.41B | 21.35B | 22.5B |
| Asset Growth % | -11.84% | 39.4% | 50.66% | -2.17% | 19.59% | 1.08% | -5.8% | 9.87% | 48.15% | 180.39% |
| Real Estate & Other Assets | -863.18M | -1.1B | 3.31B | -3.7B | -3.06B | -4.01B | -8.88B | -8.03B | -3.64B | 0 |
| PP&E (Net) | -3.75B | -7.81B | 0 | -7.4B | 0 | 0 | 0 | 0 | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 0 | 0 |
| Total Current Assets | 96.05M | 138.77M | 470 | 3.12B | 226.98M | 0 | 0 | 0 | 271.97M | 213.96M |
| Cash & Equivalents | 77.65M | 59.84M | 104.06M | 2.86B | 58.98M | 111.87M | 281.08M | 337.69M | 271.97M | 213.96M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Current Assets | 14.24M | 7.18M | -197.65M | 0 | -15.95M | -431.07M | -1.89B | -1.74B | -209.62M | 0 |
| Intangible Assets | 844.78M | 1.16B | 1.54B | 1.76B | 2.89B | 4.01B | 3.92B | 3.87B | 3.64B | 0 |
| Total Liabilities | 4.06B | 6.25B | 9.32B | 9.22B | 11.41B | 11.96B | 11.16B | 12.47B | 19.46B | 20.64B |
| Total Debt | 3.93B | 6.06B | 9.14B | 8.94B | 11.17B | 11.38B | 10.47B | 12.13B | 19.09B | 3.08B |
| Net Debt | 3.85B | 6B | 9.04B | -583.6M | 11.11B | 11.27B | 10.19B | 11.79B | 18.82B | 2.87B |
| Long-Term Debt | 0 | 529.85M | 2.16B | 2.27B | 4.46B | 4.77B | 4.88B | 5.59B | 11.08B | 0 |
| Short-Term Borrowings | 189.92M | 0 | 8.45B | 6.67B | 9.19B | 9.42B | 3.51B | 3.54B | 8.02B | 3.08B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 27.32M | 70.69M | 7.15B | 1.95B | 6.91B | 7.13B | 6.25B | 6.9B | 8.02B | 3.21B |
| Accounts Payable | 71.82M | 106.7M | 116.86M | 135.57M | 106.75M | 155.87M | 387.66M | 173.35M | 168.5M | 0 |
| Deferred Revenue | 4.06B | 6.25B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 4.03B | -529.85M | 7.61M | 21.89M | 40.25M | 39.47M | 26.14M | 6.89M | 365.22M | 17.43B |
| Total Equity | 1.54B▲ 0% | 1.57B▲ 1.4% | 2.45B▲ 56.5% | 2.3B▼ 6.3% | 2.37B▲ 3.1% | 1.96B▼ 17.1% | 1.96B▼ 0.3% | 1.94B▼ 0.9% | 1.89B▼ 2.6% | 1.87B▲ 0% |
| Equity Growth % | 14.32% | 1.4% | 56.49% | -6.29% | 3.08% | -17.09% | -0.29% | -0.95% | -2.64% | -11.33% |
| Shareholders Equity | 1.54B | 1.57B | 2.45B | 2.3B | 2.37B | 1.96B | 1.96B | 1.94B | 1.89B | 1.87B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 613K | 610K | 1M | 979K | 949K | 889K | 866K | 869K | 870K | 872K |
| Additional Paid-in Capital | 1.29B | 1.29B | 2.13B | 2.1B | 2.08B | 1.95B | 1.92B | 1.93B | 1.93B | 0 |
| Retained Earnings | -46.67M | -19.72M | 22.32M | -100.73M | -256.67M | -526.82M | -508.69M | -528.92M | -582.83M | -603.56M |
| Preferred Stock | 299.71M | 299.71M | 299.71M | 299.71M | 541.48M | 541.48M | 541.48M | 541.48M | 541.48M | 0 |
| Return on Assets (ROA) | 1.97% | 2.28% | 2.31% | 0.45% | 0.45% | -0.53% | 1.48% | 1.17% | 0.72% | 0.67% |
| Return on Equity (ROE) | 8.13% | 9.82% | 11.27% | 2.21% | 2.44% | -3.38% | 10.19% | 8.26% | 6.68% | 7.06% |
| Debt / Assets | 70.16% | 77.52% | 77.64% | 77.61% | 81.08% | 81.76% | 79.86% | 84.19% | 89.45% | 13.69% |
| Debt / Equity | 2.55x | 3.87x | 3.73x | 3.89x | 4.72x | 5.80x | 5.35x | 6.26x | 10.12x | 10.12x |
| Net Debt / EBITDA | 29.71x | 17.92x | 47.40x | -0.45x | 16.14x | 427.96x | 7.97x | 11.47x | 200.63x | 200.63x |
| Book Value per Share | 20.70 | 22.58 | 27.94 | 23.11 | 24.31 | 21.47 | 17.52 | 22.33 | 21.70 | 21.43 |
PennyMac Mortgage Investment Trust (PMTU) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 223.13M | -573.75M | -2.99B | 671.66M | -2.82B | 1.78B | 1.34B | -2.7B | -7.21B | -7.21B |
| Operating CF Growth % | 135.9% | -357.14% | -420.27% | 122.5% | -519.82% | 163.29% | -24.9% | -301.68% | -166.87% | -1388.26% |
| Operating CF / Revenue % | 49.7% | -139.99% | -313.17% | 47.69% | -372.25% | -1225.06% | 184.63% | -535.65% | -701.36% | -753.75% |
| Net Income | 117.75M | 152.8M | 226.36M | 52.37M | 56.85M | -73.29M | 199.65M | 160.2M | 127.87M | 132.35M |
| Depreciation & Amortization | 81.62M | 94.33M | 383.73M | 0 | 0 | 6.75M | 110K | 0 | 0 | 4.83M |
| Stock-Based Compensation | 4.9M | 5.32M | 5.53M | 2.29M | 2.42M | 4.31M | 5.21M | -1.85M | 3.87M | 2.75M |
| Other Non-Cash Items | 112.12M | -712.94M | -3.31B | -3.83M | -2.38B | 1.81B | 992.61M | -2.11B | -7.3B | -9.05B |
| Working Capital Changes | -11.64M | 13.62M | 105.75M | 620.82M | -497.4M | 41.44M | 142.59M | -753.08M | -46.72M | -248.45M |
| Cash from Investing | 681.68M | -1.42B | -704.68M | -15.37M | 1.09B | -1.87B | -21.73M | 1.36B | 429.67M | 1.65B |
| Acquisitions (Net) | 79K | 0 | 0 | 0 | -28.82M | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -252.59M | -1.87B | -1.27B | -2.38B | -2.3B | -3.8B | -3.17B | 0 | -1.03B | -922.45M |
| Sale of Investments | 286.26M | 220.61M | 1.16B | 3.18B | 1.83B | 1.38B | 3.11B | 0 | 756.65M | 451.72M |
| Other Investing | 648.01M | 227.29M | -595.22M | -822.28M | 1.56B | 551.2M | 37.81M | 1.36B | 702.79M | 2.13B |
| Cash from Financing | -861.63M | 1.98B | 3.73B | -702.64M | 1.73B | 135.89M | -1.15B | 1.4B | 6.72B | 6.25B |
| Dividends Paid | -140.2M | -140.54M | -165.94M | -176.53M | -214.12M | -215.37M | -182.44M | -181.12M | -181.19M | -135.89M |
| Common Dividends | -126.14M | -115.6M | -141M | -151.58M | -183.97M | -173.55M | -140.62M | -139.3M | -139.37M | -104.53M |
| Debt Issuance (Net) | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 3M |
| Share Repurchases | -91.2M | -10.72M | 0 | -37.27M | -56.85M | -87.99M | -28.49M | 0 | 0 | 0 |
| Other Financing | 285.98M | 1.57B | 1.82B | -366.3M | 245.78M | -70.07M | -1.01B | 759.45M | 1.5B | 1.8B |
| Net Change in Cash | 43.17M▲ 0% | -17.8M▼ 141.2% | 44.21M▲ 348.3% | -46.35M▼ 204.8% | 1.28M▲ 102.8% | 52.88M▲ 4034.7% | 169.22M▲ 220.0% | 56.61M▼ 66.5% | -65.72M▼ 216.1% | 24.03M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 34.48M | 77.65M | 59.84M | 104.06M | 57.7M | 58.98M | 111.87M | 281.08M | 337.69M | 0 |
| Cash at End | 77.65M | 59.84M | 104.06M | 57.7M | 58.98M | 111.87M | 281.08M | 337.69M | 271.97M | 0 |
| Free Cash Flow | 223.05M▲ 0% | -573.75M▼ 357.2% | -2.99B▼ 420.3% | 671.66M▲ 122.5% | -2.79B▼ 515.5% | 1.78B▲ 163.9% | 1.33B▼ 25.7% | -2.73B▼ 306.1% | -7.21B▼ 164.0% | -9.15B▲ 0% |
| FCF Growth % | 135.73% | -357.23% | -420.27% | 122.5% | -515.53% | 163.94% | -25.72% | -306.12% | -164.01% | -209.32% |
| FCF / Revenue % | 49.68% | -139.99% | -313.17% | 47.69% | -368.44% | -1225.06% | 182.61% | -541.44% | -701.36% | -955.96% |
PennyMac Mortgage Investment Trust (PMTU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 2.67 | 3.56 | 6.96 | 0.53 | 0.58 | -0.73 | 1.79 | 1.85 | 1.47 | 0.87 |
| FFO Payout Ratio | 63.27% | 46.78% | 23.11% | 289.42% | 323.59% | -260.82% | 70.39% | 86.53% | 108.99% | 137.59% |
| NOI Margin | 68.83% | 65.94% | 75.43% | 76.33% | 59.24% | 220.51% | 83.18% | 75.4% | 15.37% | 49.52% |
| Net Debt / EBITDA | 29.71x | 17.92x | 47.40x | -0.45x | 16.14x | 427.96x | 7.97x | 11.47x | 200.63x | 200.63x |
| Debt / Assets | 70.16% | 77.52% | 77.64% | 77.61% | 81.08% | 81.76% | 79.86% | 84.19% | 89.45% | 13.69% |
| Interest Coverage | 0.86x | 1.91x | 0.64x | 4.76x | 2.26x | 0.06x | 1.74x | 1.44x | 0.11x | - |
| Book Value / Share | 20.7 | 22.58 | 27.94 | 23.11 | 24.31 | 21.47 | 17.52 | 22.33 | 21.7 | 21.43 |
| Revenue Growth | 44.35% | -8.71% | 132.57% | 47.75% | -46.21% | -119.23% | 598.32% | -30.48% | 103.82% | 61.81% |
PennyMac Mortgage Investment Trust (PMTU) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Jan 29, 2026·SEC
Dec 22, 2025·SEC
PennyMac Mortgage Investment Trust (PMTU) stock FAQ — growth, dividends, profitability & financials explained
PennyMac Mortgage Investment Trust (PMTU) reported $957.0M in revenue for fiscal year 2025. This represents a 2606% increase from $35.4M in 2010.
PennyMac Mortgage Investment Trust (PMTU) grew revenue by 103.8% over the past year. This is strong growth.
Yes, PennyMac Mortgage Investment Trust (PMTU) is profitable, generating $132.4M in net income for fiscal year 2025 (12.4% net margin).
Yes, PennyMac Mortgage Investment Trust (PMTU) pays a dividend with a yield of 6.28%. This makes it attractive for income-focused investors.
PennyMac Mortgage Investment Trust (PMTU) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.
PennyMac Mortgage Investment Trust (PMTU) generated Funds From Operations (FFO) of $76.0M in the trailing twelve months. FFO is the primary profitability metric for REITs.
PennyMac Mortgage Investment Trust (PMTU) offers a 6.28% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
PennyMac Mortgage Investment Trust (PMTU) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates