PennyMac Mortgage Investment Trust
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Mar 2017 | — | 92.7% | 44.6% |
| Jun 2017 | — | 83.7% | 34.3% |
| Sep 2017 | — | 85.0% | 25.6% |
| Dec 2017 | — | 86.9% | 43.6% |
| Mar 2018 | — | 96.0% | 37.2% |
| Jun 2018 | — | 99.2% | 43.9% |
| Sep 2018 | — | 90.6% | 42.9% |
| Dec 2018 | — | 95.2% | 49.6% |
| Mar 2019 | — | 98.1% | 50.2% |
| Jun 2019 | — | 103.0% | 45.9% |
| Sep 2019 | — | 101.2% | 53.5% |
| Dec 2019 | — | 97.9% | 37.8% |
| Mar 2020 | — | 99.4% | 117.4% |
| Jun 2020 | — | 94.8% | 83.2% |
| Sep 2020 | — | 82.0% | 45.0% |
| Dec 2020 | — | 73.0% | 42.2% |
| Mar 2021 | — | 83.1% | 35.6% |
| Jun 2021 | — | 76.5% | 31.3% |
| Sep 2021 | — | 72.8% | -75.1% |
| Dec 2021 | — | 109.6% | -34.1% |
| Mar 2022 | — | 99.7% | -23.4% |
| Jun 2022 | — | 178.1% | -329.0% |
| Sep 2022 | — | 135.3% | 7.9% |
| Dec 2022 | — | 302.2% | 9.4% |
| Mar 2023 | — | 241.2% | 67.2% |
| Jun 2023 | — | 259.0% | 27.2% |
| Sep 2023 | — | 185.0% | 37.6% |
| Dec 2023 | — | 266.4% | 62.4% |
| Mar 2024 | — | 274.8% | 64.2% |
| Jun 2024 | — | 281.5% | 35.7% |
| Sep 2024 | — | 32.8% | 51.2% |
| Dec 2024 | — | 51.1% | 43.1% |
| Mar 2025 | — | -14.2% | 21.8% |
| Jun 2025 | — | 24.2% | 10.7% |
| Sep 2025 | — | 47.4% | 58.7% |
| Dec 2025 | — | 38.6% | 56.0% |
| Mar 2026 | — | 32.7% | 30.0% |
| Jun 2026 | — | 23.1% | 42.5% |