PennyMac Mortgage Investment Trust
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $307.5M | $334.2M | $429.0M | $303.8M | $420.3M | $469.4M | $488.8M | $351.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $93.8M | $142.6M | $980.4M | $473.5M | $349.4M | $350.5M | $488.1M | $333.2M |
| Operating Margin | 30.5% | 42.7% | 228.5% | 155.9% | 83.1% | 74.7% | 99.9% | 94.9% |
| Interest Expense | — | — | $736.0M | $410.4M | $304.7M | $270.8M | $297.4M | $175.2M |
| Pretax Income | $93.8M | $142.6M | $244.4M | $63.1M | $44.7M | $79.7M | $190.6M | $158.0M |
| Income Tax Expense | $-34.1M | $-18.3M | $44.7M | $136.4M | $-12.2M | $27.4M | $-35.7M | $5.2M |
| Net Income | $127.9M | $161.0M | $199.7M | $-73.3M | $56.9M | $52.4M | $226.4M | $152.8M |
| Net Margin | 41.6% | 48.2% | 46.5% | -24.1% | 13.5% | 11.2% | 46.3% | 43.5% |
| EPS (Basic) | $0.99 | $1.37 | $1.80 | $-1.26 | $0.26 | $0.27 | $2.54 | $2.09 |
| EPS (Diluted) | $0.99 | $1.37 | $1.63 | $-1.26 | $0.26 | $0.27 | $2.42 | $1.99 |
| Shares Outstanding (Basic) | 87.0M | 86.8M | 87.4M | 91.4M | 97.4M | 99.4M | 79.0M | 60.9M |
| Shares Outstanding (Diluted) | 87.0M | 86.8M | 111.7M | 91.4M | 97.4M | 99.4M | 87.7M | 69.4M |
| Dividends Per Share | $1.60 | $1.60 | $1.60 | $1.81 | — | — | — | — |