PennyMac Mortgage Investment Trust
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $317.9M | $272.1M | $248.8M | $356.7M | $405.5M | $303.5M | $111.7M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — |
| Operating Income | $275.9M | $211.5M | $198.0M | $265.1M | $279.9M | $218.5M | $89.4M |
| Operating Margin | 86.8% | 77.7% | 79.6% | 74.3% | 69.0% | 72.0% | 80.1% |
| Interest Expense | $151.4M | $149.8M | $124.7M | $85.6M | $65.2M | $31.6M | $16.9M |
| Pretax Income | $124.5M | $61.8M | $73.3M | $179.5M | $214.6M | $186.8M | $72.5M |
| Income Tax Expense | $6.8M | $-14.0M | $-16.8M | $-15.1M | $14.4M | $48.6M | $8.1M |
| Net Income | $117.7M | $75.8M | $90.1M | $194.5M | $200.2M | $138.2M | $64.4M |
| Net Margin | 37.0% | 27.9% | 36.2% | 54.5% | 49.4% | 45.5% | 57.7% |
| EPS (Basic) | $1.53 | $1.09 | $1.19 | $2.62 | $3.13 | $3.14 | $2.41 |
| EPS (Diluted) | $1.48 | $1.08 | $1.16 | $2.47 | $2.96 | $3.14 | $2.41 |
| Shares Outstanding (Basic) | 66.1M | 68.6M | 74.4M | 73.5M | 63.4M | 43.6M | 26.4M |
| Shares Outstanding (Diluted) | 74.6M | 77.1M | 83.3M | 82.2M | 69.4M | 43.9M | 26.7M |
| Dividends Per Share | — | — | $2.16 | $2.40 | $2.87 | $2.22 | $1.42 |