PMT - PennyMac Mortgage Investment Trust
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$12.00
DETAILS
HIGH:
$12.00
LOW:
$12.00
MEDIAN:
$12.00
CONSENSUS:
$12.00
UPSIDE:
14.29%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 1,028.5 | 504.6 | 725.9 | (145.7) | 757.5 | 1,408.3 | 953.2 | 409.8 | 448.9 | 311.0 | 292.4 | 408.1 | 424.7 | 328.5 | 90.7 | 35.4 |
| Cost of Revenue | 870.4 | 124.1 | 122.1 | 175.5 | 308.7 | 333.3 | 234.2 | 139.6 | 139.9 | 157.6 | 120.1 | 110.8 | 121.0 | 81.5 | 4.4 | 2.6 |
| Gross Profit | 158.1 | 380.5 | 603.8 | (321.2) | 448.7 | 1,075.0 | 719.0 | 270.2 | 309.0 | 153.4 | 172.3 | 297.4 | 303.7 | 246.9 | 86.3 | 32.8 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 2.2 | 2.0 | 2.1 | 1.8 | 1.4 | 1.6 | 1.4 | 1.5 | 1.4 | 1.3 | 1.0 | 0.8 | 0.7 | 0 | 0 |
| SG&A Expenses | 11.9 | 47.0 | 43.5 | 46.6 | 52.9 | 44.8 | 48.9 | 37.6 | 35.8 | 34.5 | 38.9 | 51.7 | 48.7 | 25.6 | 5.2 | 3.4 |
| Other Expenses | 52.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8.7) | (2.4) |
| Operating Expenses | 64.3 | 49.2 | 45.5 | 48.6 | 54.7 | 46.3 | 50.6 | 39.0 | 37.3 | 35.9 | 40.1 | 52.7 | 49.5 | 60.1 | 39.2 | 10.9 |
| Operating Income | ||||||||||||||||
| Operating Income | 93.8 | 331.3 | 558.2 | (369.8) | 394.0 | 1,028.7 | 668.4 | 231.2 | 271.7 | 117.5 | 132.2 | 244.6 | 254.2 | 194.4 | 72.5 | 27.0 |
| Interest Expense | 870.4 | 714.7 | 736.0 | 410.4 | 304.7 | 270.8 | 297.4 | 175.2 | 151.4 | 149.8 | 124.7 | 85.6 | 65.2 | 31.6 | 16.9 | 0.8 |
| Interest Income | 850.9 | 635.3 | 490.4 | 325.8 | 181.9 | 193.3 | 317.9 | 222.8 | 195.2 | 222.1 | 201.3 | 172.3 | 122.9 | 72.4 | 0 | 0 |
| Profitability | ||||||||||||||||
| EBITDA | 93.8 | 1,027.7 | 1,279.2 | 26.3 | 688.3 | 1,289.6 | 190.6 | 334.7 | 129.8 | 64.5 | 76.3 | 184.6 | 209.7 | (75.9) | 72.5 | 27.0 |
| EBIT | 93.8 | 1,027.7 | 1,279.2 | 26.3 | 688.3 | 1,289.6 | 190.6 | 334.7 | 129.8 | 64.5 | 76.3 | 184.6 | 209.7 | 194.4 | 72.5 | 27.0 |
| Income Before Tax | 93.8 | 142.6 | 244.4 | 63.1 | 44.7 | 79.7 | 190.6 | 158.0 | 124.5 | 61.8 | 73.3 | 179.5 | 214.6 | 186.8 | 72.5 | 27.0 |
| Income Tax Expense | (34.1) | 18.3 | 44.7 | 136.4 | 12.2 | 27.4 | 35.7 | 5.2 | 6.8 | 14.0 | 16.8 | 15.1 | 14.4 | 48.6 | 8.1 | 2.5 |
| Net Income | 127.9 | 161.0 | 199.7 | (73.3) | 56.9 | 52.4 | 226.4 | 152.8 | 117.7 | 75.8 | 90.1 | 194.5 | 200.2 | 138.2 | 64.4 | 24.5 |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 0.99 | 1.37 | 1.80 | -1.26 | 0.26 | 0.27 | 2.54 | 2.20 | 1.53 | 1.09 | 1.19 | 2.62 | 3.13 | 3.14 | 2.41 | 1.46 |
| EPS (Diluted) | 0.99 | 1.37 | 1.63 | -1.26 | 0.26 | 0.27 | 2.42 | 2.20 | 1.48 | 1.08 | 1.16 | 2.47 | 2.96 | 3.14 | 2.41 | 1.44 |
| Shares Outstanding | 87.0 | 86.8 | 87.4 | 91.4 | 97.4 | 99.4 | 79.0 | 69.4 | 66.1 | 68.6 | 74.4 | 73.5 | 63.4 | 43.6 | 26.4 | 16.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 272.0 | 337.7 | 281.1 | 111.9 | 59.0 | 2,857.0 | 104.1 | 59.8 | 77.6 | 34.5 | 0.1 |
| Short-Term Investments | 190.5 | 103.2 | 128.3 | 252.3 | 168.0 | 127.3 | 90.8 | 74.8 | 18.4 | 122.1 | 213.6 |
| Net Receivables | 19.1 | 86.1 | 65.5 | 66.9 | 16.0 | 139.9 | 2.8 | 4.1 | 4.2 | 7.1 | 0.5 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (167.2) | (113.9) | (33.7) | 0 |
| Other Current Assets | (209.6) | (1,742.8) | (1,890.5) | (431.1) | (16.0) | 0 | (197.7) | 7.2 | 14.2 | (8.8) | 0 |
| Total Current Assets | 272.0 | 0 | 0 | 0 | 227.0 | 3,124.2 | 0.0 | 138.8 | 96.0 | 156.6 | 214.2 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | (7,395.6) | 0 | (7,813.4) | (3,752.3) | (4,713.8) | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3,644.7 | 3,867.4 | 3,919.1 | 4,012.7 | 2,892.9 | 1,755.2 | 1,535.7 | 1,162.4 | 844.8 | 656.6 | 0 |
| Long-Term Investments | 0 | 4,166.9 | 4,964.6 | 0 | 0 | 2,341.2 | 90.8 | 2,723.3 | 1,007.9 | 987.1 | 297.4 |
| Other Non-Current Assets | (3,644.7) | (8,034.3) | (8,883.7) | (4,012.7) | (3,060.9) | (3,697.6) | 3,305.8 | (1,101.6) | (863.2) | (779.9) | (296.9) |
| Total Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 4,495.3 | 4,932.4 | 135.6 | 1,852.6 | 1,643.7 | 0.5 |
| Total Assets | 21,346.9 | 14,408.7 | 13,113.9 | 13,921.6 | 13,772.7 | 11,516.3 | 11,771.4 | 7,813.4 | 5,604.9 | 6,357.5 | 324.4 |
| Current Liabilities | |||||||||||
| Account Payables | 168.5 | 173.3 | 387.7 | 155.9 | 106.7 | 135.6 | 116.9 | 106.7 | 71.8 | 111.9 | 0.5 |
| Short-Term Debt | 8,018.6 | 3,535.7 | 3,511.1 | 9,420.6 | 9,193.8 | 6,670.6 | 8,452.7 | 0 | 189.9 | 460.6 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | (168.5) | (34.2) | (32.7) | (2,485.0) | (2,440.3) | (4,968.2) | (1,466.0) | (5,633.3) | (288.9) | (313.8) | 0 |
| Total Current Liabilities | 8,018.6 | 6,897.6 | 6,250.2 | 7,132.1 | 6,909.9 | 1,948.6 | 7,153.5 | 70.7 | 27.3 | 293.3 | 10.6 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 11,075.7 | 5,587.6 | 4,880.5 | 4,765.2 | 4,455.0 | 2,273.4 | 2,159.3 | 529.8 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5,098.2) | (4,060.3) | (5,006.4) | 0 |
| Other Non-Current Liabilities | 365.2 | 6.9 | 26.1 | 39.5 | 40.2 | 21.9 | 7.6 | (529.8) | 4,033.0 | 4,713.1 | 0 |
| Total Non-Current Liabilities | 11,441.0 | 5,572.6 | 4,906.6 | 9,002.9 | 8,923.6 | 7,246.6 | 2,166.9 | 1,149.1 | 4,033.0 | 4,713.1 | 0 |
| Total Liabilities | 19,459.6 | 12,470.2 | 11,156.8 | 11,958.7 | 11,405.2 | 9,219.5 | 9,320.4 | 6,247.2 | 4,060.3 | 5,006.4 | 10.6 |
| Stockholders' Equity | |||||||||||
| Common Stock | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 1.0 | 0.6 | 0.6 | 0.7 | 0.2 |
| Retained Earnings | (582.8) | (528.9) | (508.7) | (526.8) | (256.7) | (100.7) | 22.3 | (19.7) | (46.7) | (26.7) | (1.9) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,887.3 | 1,938.5 | 1,957.1 | 1,962.8 | 2,367.5 | 2,296.9 | 2,450.9 | 1,566.1 | 1,544.6 | 1,351.1 | 313.8 |
| Total Liabilities & Equity | 21,346.9 | 14,408.7 | 13,113.9 | 13,921.6 | 13,772.7 | 11,516.3 | 11,771.4 | 7,813.4 | 5,604.9 | 6,357.5 | 324.4 |
| Debt Metrics | |||||||||||
| Total Debt | 19,094.3 | 12,130.1 | 10,472.4 | 11,381.8 | 11,166.3 | 8,937.9 | 9,139.6 | 6,057.1 | 3,932.5 | 4,848.7 | 0 |
| Net Debt | 18,822.4 | 11,792.4 | 10,191.3 | 11,269.9 | 11,107.3 | (583.6) | 9,035.5 | 5,997.3 | 3,854.8 | 4,814.2 | (0.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 127.9 | 160.2 | 199.7 | (73.3) | 56.9 | 52.4 | 226.4 | 152.8 | 117.7 | 75.8 |
| Depreciation & Amortization | 0 | 0 | 0.1 | 6.7 | 0 | 0 | 383.7 | 94.3 | 81.6 | 65.6 |
| Stock-Based Compensation | 3.9 | (1.8) | 5.2 | 4.3 | 2.4 | 2.3 | 5.5 | 5.3 | 4.9 | 5.7 |
| Change in Working Capital | (46.7) | (753.1) | 142.6 | 41.4 | (497.4) | 620.8 | 105.8 | 13.6 | (11.6) | (26.9) |
| Other Non-Cash Items | (7,298.2) | (2,108.2) | 992.6 | 1,805.3 | (2,381.6) | (3.8) | (3,305.9) | (712.9) | 112.1 | (676.2) |
| Operating Cash Flow | (7,213.2) | (2,702.9) | 1,340.2 | 1,784.5 | (2,819.7) | 671.7 | (2,985.1) | (573.8) | 223.1 | (621.5) |
| Investing Activities | ||||||||||
| Capital Expenditure | 0 | (29.3) | (14.6) | 0 | 28.8 | 0 | 0 | 0 | (0.1) | (2.7) |
| Acquisitions | 0 | 0 | 0 | 0 | (28.8) | 0 | 0 | 0 | 0.1 | 2.7 |
| Purchases of Investments | (1,029.8) | 0 | (3,172.2) | (3,802.4) | (2,302.4) | (2,376.6) | (1,267.2) | (1,872.2) | (252.6) | (852.9) |
| Sales/Maturities of Investments | 756.7 | 0 | 3,112.7 | 1,383.7 | 1,834.9 | 3,183.5 | 1,157.7 | 220.6 | 286.3 | 335.5 |
| Other Investing Activities | 702.8 | 1,360.4 | 37.8 | 551.2 | 1,560.6 | (822.3) | (595.2) | 227.3 | 648.0 | 711.3 |
| Investing Cash Flow | 429.7 | 1,360.4 | (21.7) | (1,867.5) | 1,093.0 | (15.4) | (704.7) | (1,424.3) | 681.7 | 194.0 |
| Financing Activities | ||||||||||
| Net Debt Issuance | 5,402.4 | 731.9 | 67.1 | 509.8 | 1,503.2 | (111.3) | 1,240.8 | 562.3 | (308.2) | (9.3) |
| Stock Repurchased | 0 | 0 | (28.5) | (88.0) | (56.9) | (37.3) | 0 | (10.7) | (91.2) | (98.4) |
| Dividends Paid | (181.2) | (181.1) | (182.4) | (215.4) | (214.1) | (176.5) | (165.9) | (140.5) | (140.2) | (131.6) |
| Other Financing Activities | 1,496.7 | 848.3 | (1,005.4) | (70.6) | 245.8 | (383.2) | 1,819.4 | 1,569.2 | (632.1) | 643.2 |
| Financing Cash Flow | 6,717.8 | 1,399.1 | (1,149.2) | 135.9 | 1,728.0 | (702.6) | 3,734.0 | 1,980.2 | (861.6) | 404.0 |
| Cash Position | ||||||||||
| Net Change in Cash | (65.7) | 56.6 | 169.2 | 52.9 | 1.3 | (46.4) | 44.2 | (17.8) | 43.2 | (23.6) |
| Cash at Beginning | 337.7 | 281.1 | 111.9 | 59.0 | 57.7 | 104.1 | 59.8 | 77.6 | 34.5 | 58.1 |
| Cash at End | 272.0 | 337.7 | 281.1 | 111.9 | 59.0 | 57.7 | 104.1 | 59.8 | 77.6 | 34.5 |
| Free Cash Flow | (7,213.2) | (2,732.1) | 1,325.5 | 1,784.5 | (2,790.9) | 671.7 | (2,985.1) | (573.8) | 223.0 | (624.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 1,028.5 | 504.6 | 725.9 | (145.7) | 757.5 | 1,408.3 | 953.2 | 409.8 | 448.9 | 311.0 | 292.4 | 408.1 | 424.7 | 328.5 | 90.7 | 35.4 |
| Gross Profit | 158.1 | 380.5 | 603.8 | (321.2) | 448.7 | 1,075.0 | 719.0 | 270.2 | 309.0 | 153.4 | 172.3 | 297.4 | 303.7 | 246.9 | 86.3 | 32.8 |
| Operating Income | 93.8 | 331.3 | 558.2 | (369.8) | 394.0 | 1,028.7 | 668.4 | 231.2 | 271.7 | 117.5 | 132.2 | 244.6 | 254.2 | 194.4 | 72.5 | 27.0 |
| Net Income | 127.9 | 161.0 | 199.7 | (73.3) | 56.9 | 52.4 | 226.4 | 152.8 | 117.7 | 75.8 | 90.1 | 194.5 | 200.2 | 138.2 | 64.4 | 24.5 |
| EPS (Diluted) | 0.99 | 1.37 | 1.63 | -1.26 | 0.26 | 0.27 | 2.42 | 2.20 | 1.48 | 1.08 | 1.16 | 2.47 | 2.96 | 3.14 | 2.41 | 1.44 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 272.0 | 337.7 | 281.1 | 111.9 | 59.0 | 2,857.0 | 104.1 | 59.8 | 77.6 | 34.5 | 0.1 | |||||
| Total Assets | 21,346.9 | 14,408.7 | 13,113.9 | 13,921.6 | 13,772.7 | 11,516.3 | 11,771.4 | 7,813.4 | 5,604.9 | 6,357.5 | 324.4 | |||||
| Total Debt | 19,094.3 | 12,130.1 | 10,472.4 | 11,381.8 | 11,166.3 | 8,937.9 | 9,139.6 | 6,057.1 | 3,932.5 | 4,848.7 | 0 | |||||
| Stockholders' Equity | 1,887.3 | 1,938.5 | 1,957.1 | 1,962.8 | 2,367.5 | 2,296.9 | 2,450.9 | 1,566.1 | 1,544.6 | 1,351.1 | 313.8 | |||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | (7,213.2) | (2,702.9) | 1,340.2 | 1,784.5 | (2,819.7) | 671.7 | (2,985.1) | (573.8) | 223.1 | (621.5) | ||||||
| Capital Expenditure | 0 | (29.3) | (14.6) | 0 | 28.8 | 0 | 0 | 0 | (0.1) | (2.7) | ||||||
| Free Cash Flow | (7,213.2) | (2,732.1) | 1,325.5 | 1,784.5 | (2,790.9) | 671.7 | (2,985.1) | (573.8) | 223.0 | (624.3) | ||||||