PFSI · Pennymac Financial Services, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.05B | $1.59B | $1.40B | $1.99B | $3.17B | $3.71B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $1.50B | $1.19B | $1.22B | $1.32B | $1.81B | $1.46B |
| D&A | $54.39M | $55.98M | $53.21M | $34.41M | $28.64M | $25.57M |
| Operating Income | $551.42M | $401.03M | $183.63M | $665.25M | $1.36B | $2.24B |
| Interest Expense | - | - | $637.78M | $335.43M | $390.70M | $271.55M |
| Income Tax | $50.34M | $89.60M | $38.98M | $189.74M | $355.69M | $593.73M |
| Net Income | $501.08M | $311.42M | $144.66M | $475.51M | $1.00B | $1.65B |
| EPS - Basic | $9.69 | $6.11 | $2.89 | $8.96 | $15.73 | $21.91 |
| EPS - Diluted | $9.30 | $5.84 | $2.74 | $8.50 | $14.87 | $20.92 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $301.68M | $238.48M | $938.37M | $1.33B | $340.09M | $532.78M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $29.39B | $26.09B | $18.84B | $16.82B | $18.78B | $31.60B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $6.23B | $5.25B | $4.43B | $3.75B | $3.10B | - |
| Total Liabilities | $25.08B | $22.26B | $15.31B | $13.35B | $15.36B | $28.21B |
| Stockholders' Equity | $4.31B | $3.83B | $3.54B | $3.47B | $3.42B | $3.39B |
| Retained Earnings | $4.21B | $3.77B | $3.51B | $3.47B | $3.29B | $2.34B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.65B) | ($4.53B) | ($1.58B) | $6.03B | $2.56B | ($6.20B) |
| Investing Cash Flow | $552.49M | ($1.89B) | ($273.29M) | ($721.58M) | ($304.37M) | $783.03M |
| Financing Cash Flow | $1.16B | $5.72B | $1.47B | ($4.32B) | ($2.45B) | $5.76B |
| CapEx | $11.92M | $1.72M | $1.39M | $7.16M | $7.90M | $10.67M |
| Free Cash Flow | ($1.66B) | ($4.53B) | ($1.58B) | $6.03B | $2.56B | ($6.21B) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 26.9% | 25.2% | 13.1% | 33.5% | 42.9% | 60.5% |
| EBITDA margin | 29.6% | 28.7% | 16.9% | 35.2% | 43.8% | 61.2% |
| Net margin | 24.5% | 19.5% | 10.3% | 23.9% | 31.7% | 44.4% |
| Free cash flow margin | -81.3% | -284.6% | -113.0% | 303.5% | 80.7% | -167.6% |
| FCF / Net income | -3.32 | -14.56 | -10.95 | 12.67 | 2.55 | -3.77 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 9.1% | 22.3% | 21.2% | 28.5% | 26.2% | 26.5% |
| Return on assets | 1.7% | 1.2% | 0.8% | 2.8% | 5.3% | 5.2% |
| Return on equity | 11.6% | 8.1% | 4.1% | 13.7% | 29.4% | 48.6% |
| Return on invested capital | 4.8% | 3.4% | 1.8% | 6.6% | 15.4% | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 1.45 | 1.37 | 1.25 | 1.08 | 0.91 | - |
| Debt / Assets | 0.21 | 0.20 | 0.24 | 0.22 | 0.17 | - |
| Debt / EBITDA | 10.28 | 11.50 | 18.70 | 5.36 | 2.24 | - |
| Interest coverage | - | - | 0.3x | 2.0x | 3.5x | 8.3x |
| Equity multiplier | 6.82 | 6.81 | 5.33 | 4.85 | 5.49 | 9.32 |
| Liabilities / Assets | 0.85 | 0.85 | 0.81 | 0.79 | 0.82 | 0.89 |
| Efficiency | ||||||
| Asset turnover | 0.07 | 0.06 | 0.07 | 0.12 | 0.17 | 0.12 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 14.2x | 17.5x | 32.3x | 6.7x | 4.7x | 3.1x |
| P / B | 1.6x | 1.4x | 1.3x | 0.9x | 1.4x | 1.5x |
| P / S | 3.5x | 3.4x | 3.3x | 1.6x | 1.5x | 1.4x |
| EV / EBITDA | 21.5x | 22.9x | 34.4x | 8.0x | 5.4x | 2.0x |
| Growth | ||||||
| Revenue growth (YoY) | 28.4% | 13.7% | -29.4% | -37.3% | -14.5% | 287.8% |
| Revenue CAGR (3y) | 1.0% | -20.5% | -27.7% | 27.6% | 50.4% | - |
| Revenue CAGR (5y) | -11.2% | 10.8% | 8.5% | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 37.5% | 118.4% | -72.4% | -51.1% | -39.3% | 323.2% |
| Net income growth (YoY) | 60.9% | 115.3% | -69.6% | -52.6% | -39.1% | 319.1% |
| EPS growth (YoY) | 59.2% | 113.1% | -67.8% | -42.8% | -28.9% | 327.8% |
| EPS CAGR (3y) | 3.0% | -26.8% | -49.2% | 20.2% | 71.7% | - |
| EPS CAGR (5y) | -15.0% | 3.6% | -1.4% | - | - | - |
| FCF growth (YoY) | 63.3% | -186.4% | - | 135.8% | - | -175.8% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 12.5% | 8.2% | 1.9% | 1.5% | 0.9% | 64.4% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Mortgage Bankers & Loan Correspondents
Comparing PennyMac Financial Services against the 5 most active filers in the same SIC group.
Dividends
$1.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.3000 |
| Feb 13, 2026 | $0.3000 |
| Nov 17, 2025 | $0.3000 |
| Aug 13, 2025 | $0.3000 |
| May 14, 2025 | $0.3000 |
| Feb 13, 2025 | $0.3000 |
| Nov 18, 2024 | $0.3000 |
| Aug 13, 2024 | $0.3000 |
| May 13, 2024 | $0.2000 |
| Feb 12, 2024 | $0.2000 |
| Nov 10, 2023 | $0.2000 |
| Aug 14, 2023 | $0.2000 |
| May 15, 2023 | $0.2000 |
| Feb 13, 2023 | $0.2000 |
| Nov 10, 2022 | $0.2000 |
| Aug 15, 2022 | $0.2000 |
| May 16, 2022 | $0.2000 |
| Feb 14, 2022 | $0.2000 |
| Nov 12, 2021 | $0.2000 |
| Aug 13, 2021 | $0.2000 |
| May 14, 2021 | $0.2000 |
| Feb 11, 2021 | $0.2000 |
| Nov 13, 2020 | $0.1500 |
| Aug 14, 2020 | $0.1500 |