PennyMac Financial Services, Inc.
NYSE:PFSI
113.65 (USD) • At close September 19, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | 2012 Q3 | 2012 Q2 | 2012 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 930.49 | 885.414 | 772.613 | 336.075 | 570.446 | 671.08 | 510.722 | 463.844 | 582.642 | 734.809 | 939.087 | 1,025.059 | 844.539 | 1,051.998 | 1,262.747 | 1,307.541 | 874.298 | 784.194 | 555.468 | 436.281 | 355.782 | 285.056 | 287.749 | 289.704 | 276.914 | 274.946 | 334.374 | 293.127 | 238.598 | 233.947 | 321.428 | 318.911 | 233.272 | 164.388 | 206.589 | 210.149 | 212.7 | 152.143 | 152.151 | 152.338 | 139.167 | 111.878 | 95.407 | 91.35 | 110.777 | 105.698 | 113.172 | 78.274 | 42.569 | 38.95 |
| Cost of Revenue
| 91.741 | 72.38 | 55.786 | 355.903 | 361.922 | 319.424 | 300.153 | 289.513 | 317.301 | 396.941 | 434.826 | 448.718 | 474.463 | 473.117 | 437.684 | 390.481 | 340.517 | 318.118 | 308.547 | 223.892 | 219.72 | 188.933 | 190.268 | 190.139 | 164.79 | 167.172 | 179.556 | 166.458 | 149.662 | 145.69 | 163.137 | 152.296 | 126.953 | 114.358 | 108.543 | 116.157 | 119.522 | 84.059 | 86.235 | 76.539 | 69.395 | 53.779 | 43.787 | 44.719 | 50.664 | 43.049 | 52.265 | 36.684 | 28.642 | 20.95 |
| Gross Profit
| 838.749 | 813.034 | 716.827 | -19.828 | 208.524 | 351.656 | 210.569 | 174.331 | 265.341 | 337.868 | 504.261 | 576.341 | 370.076 | 578.881 | 825.063 | 917.06 | 533.781 | 466.076 | 246.921 | 212.389 | 136.062 | 96.123 | 97.481 | 99.565 | 112.124 | 107.774 | 154.818 | 126.669 | 88.936 | 88.257 | 158.291 | 166.615 | 106.319 | 50.03 | 98.046 | 93.992 | 93.178 | 68.084 | 65.916 | 75.799 | 69.772 | 58.099 | 51.62 | 46.631 | 60.113 | 62.649 | 60.907 | 41.59 | 13.927 | 18 |
| Gross Profit Ratio
| 0.901 | 0.918 | 0.928 | -0.059 | 0.366 | 0.524 | 0.412 | 0.376 | 0.455 | 0.46 | 0.537 | 0.562 | 0.438 | 0.55 | 0.653 | 0.701 | 0.611 | 0.594 | 0.445 | 0.487 | 0.382 | 0.337 | 0.339 | 0.344 | 0.405 | 0.392 | 0.463 | 0.432 | 0.373 | 0.377 | 0.492 | 0.522 | 0.456 | 0.304 | 0.475 | 0.447 | 0.438 | 0.448 | 0.433 | 0.498 | 0.501 | 0.519 | 0.541 | 0.51 | 0.543 | 0.593 | 0.538 | 0.531 | 0.327 | 0.462 |
| Reseach & Development Expenses
| 35.69 | 35.967 | 32.87 | 39 | 35.244 | 36.038 | 34.896 | 35.647 | 34.621 | 34.786 | 41.112 | 32.406 | 34.236 | 33.672 | 42.594 | 28.964 | 21.905 | 19.107 | 15.515 | 20.385 | 16.08 | 15.966 | 15.056 | 15.273 | 15.154 | 14.62 | 15.15 | 13.926 | 11.581 | 11.356 | 11.009 | 9.733 | 7.733 | 6.847 | 7.06 | 6.676 | 6.49 | 4.938 | 4.525 | 4.35 | 3.741 | 2.823 | 3.002 | 2.587 | 2.03 | 1.586 | 1.294 | 0 | 0 | 0 |
| General & Administrative Expenses
| 48.02 | 48.686 | 40.811 | 20.842 | 27.954 | 29.827 | 26.129 | 27.529 | 30.164 | 29.572 | 40.088 | 33.818 | 33.863 | 22.324 | 28.388 | 26.798 | 20.793 | 21.442 | 18.824 | 16.939 | 13.355 | 12.657 | 16.324 | 14.234 | 12.094 | 12.115 | 10.543 | 4.636 | 4.523 | 3.818 | 5.155 | 4.631 | 4.559 | 3.733 | 4.763 | 3.803 | 4.074 | 2.833 | 2.958 | 3.29 | 2.661 | 2.199 | 3.582 | 3.627 | 3.379 | 2.779 | 2.473 | 1.681 | 1.308 | 1.627 |
| Selling & Marketing Expenses
| 5.445 | 3.671 | 4.18 | 4.632 | 5.578 | 3.241 | 3.751 | 7.601 | 13.007 | 22.403 | 16.568 | 11.36 | 10.213 | 6.665 | 8.658 | 0 | 0 | 0 | -1.325 | 0 | 0 | 1.325 | 1.553 | 2.275 | 2.218 | 2.161 | 2.524 | 2.375 | 2.483 | 1.736 | 5.264 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.118 | 0 | 0 | 0 | 0.932 | 0 | 0 | 0 |
| SG&A
| 53.465 | 52.357 | 44.991 | 25.474 | 33.532 | 33.068 | 29.88 | 35.13 | 43.171 | 51.975 | 56.656 | 33.818 | 33.863 | 22.324 | 28.388 | 26.798 | 20.793 | 21.442 | 18.824 | 16.939 | 13.355 | 13.982 | 17.877 | 16.509 | 14.312 | 14.276 | 13.067 | 4.636 | 4.523 | 3.818 | 5.155 | 4.631 | 4.559 | 3.733 | 4.763 | 3.803 | 4.074 | 2.833 | 2.958 | 3.29 | 2.661 | 2.199 | 12.7 | 3.627 | 3.379 | 2.779 | 2.473 | 1.681 | 1.308 | 1.627 |
| Other Expenses
| 0 | -611.49 | -440.531 | -464.417 | -522.788 | 280.441 | 112.96 | -46.271 | 44.644 | 51.373 | -16.95 | -22.832 | -22.606 | -17.278 | -9.907 | -8.637 | -11.264 | -9.94 | -9.255 | -8.934 | -7.156 | -6.076 | -6.155 | -6.086 | -7.96 | -5.882 | -5.922 | -13.963 | -14.872 | -11.051 | -12.813 | -12.973 | -9.769 | -9.311 | -9.056 | -9.59 | -7.815 | -7.075 | -5.2 | -5.467 | -5.323 | -4.016 | 5.769 | -5.5 | -4.475 | -2.991 | -1.72 | -0.989 | -1.019 | -0.16 |
| Operating Expenses
| 218.057 | 611.49 | 440.531 | -146.625 | 135.607 | 313.509 | 142.84 | -11.141 | 87.815 | 103.348 | 270.15 | 236.792 | 90.561 | 72.873 | 207.837 | 188.769 | 53.419 | 51.346 | 43.555 | 46.192 | 36.472 | 35.832 | 39.175 | 37.868 | 37.426 | 34.778 | 33.045 | 32.525 | 30.976 | 26.225 | 28.883 | 27.337 | 22.061 | 19.891 | 20.813 | 20.069 | 18.379 | 14.846 | 12.683 | 13.107 | 11.725 | 9.038 | 9.933 | 11.714 | 9.884 | 7.356 | 5.487 | 3.727 | 3.449 | 2.769 |
| Operating Income
| 330.861 | 201.544 | 276.296 | 217.925 | 166.033 | 121.859 | 53.094 | 171.997 | 166.185 | 234.52 | 234.111 | 339.549 | 279.515 | 506.008 | 617.226 | 728.291 | 480.362 | 414.73 | 203.366 | 166.197 | 99.59 | 60.291 | 58.306 | 61.697 | 74.698 | 72.996 | 121.773 | 94.144 | 57.96 | 62.032 | 129.408 | 139.278 | 84.258 | 30.139 | 77.233 | 73.923 | 74.799 | 53.238 | 53.233 | 62.692 | 58.047 | 49.061 | 41.687 | 34.917 | 50.229 | 55.293 | 55.42 | 37.863 | 10.478 | 15.231 |
| Operating Income Ratio
| 0.356 | 0.228 | 0.358 | 0.648 | 0.291 | 0.182 | 0.104 | 0.371 | 0.285 | 0.319 | 0.249 | 0.331 | 0.331 | 0.481 | 0.489 | 0.557 | 0.549 | 0.529 | 0.366 | 0.381 | 0.28 | 0.212 | 0.203 | 0.213 | 0.27 | 0.265 | 0.364 | 0.321 | 0.243 | 0.265 | 0.403 | 0.437 | 0.361 | 0.183 | 0.374 | 0.352 | 0.352 | 0.35 | 0.35 | 0.412 | 0.417 | 0.439 | 0.437 | 0.382 | 0.453 | 0.523 | 0.49 | 0.484 | 0.246 | 0.391 |
| Total Other Income Expenses Net
| -197.007 | -157.661 | -330.526 | -91.128 | -93.116 | -83.712 | 14.635 | 13.475 | 11.341 | -125.462 | -16.95 | -22.832 | -22.606 | -17.278 | -9.907 | -8.637 | -11.264 | -9.94 | -9.255 | -8.934 | -7.156 | -6.076 | -6.155 | -6.086 | -7.96 | -5.882 | -5.922 | -13.963 | -14.872 | -11.051 | -12.813 | -12.973 | -9.769 | -9.311 | -9.056 | -9.59 | -7.815 | -7.075 | -5.2 | -5.467 | -5.323 | -4.016 | 5.769 | -5.5 | -4.475 | -2.991 | -1.72 | -0.989 | -1.019 | -0.16 |
| Income Before Tax
| 133.854 | 43.883 | -54.23 | 126.797 | 72.917 | 38.147 | 67.729 | 185.472 | 177.526 | 234.52 | 234.111 | 339.549 | 279.515 | 506.008 | 617.226 | 728.291 | 480.362 | 414.73 | 203.366 | 166.197 | 99.59 | 60.291 | 58.306 | 61.697 | 74.698 | 72.996 | 121.773 | 94.144 | 57.96 | 62.032 | 129.408 | 139.278 | 84.258 | 30.139 | 77.233 | 73.923 | 74.799 | 53.238 | 53.233 | 62.692 | 58.047 | 49.061 | 41.687 | 34.917 | 50.229 | 55.293 | 55.42 | 37.863 | 10.478 | 15.231 |
| Income Before Tax Ratio
| 0.144 | 0.05 | -0.07 | 0.377 | 0.128 | 0.057 | 0.133 | 0.4 | 0.305 | 0.319 | 0.249 | 0.331 | 0.331 | 0.481 | 0.489 | 0.557 | 0.549 | 0.529 | 0.366 | 0.381 | 0.28 | 0.212 | 0.203 | 0.213 | 0.27 | 0.265 | 0.364 | 0.321 | 0.243 | 0.265 | 0.403 | 0.437 | 0.361 | 0.183 | 0.374 | 0.352 | 0.352 | 0.35 | 0.35 | 0.412 | 0.417 | 0.439 | 0.437 | 0.382 | 0.453 | 0.523 | 0.49 | 0.484 | 0.246 | 0.391 |
| Income Tax Expense
| 35.596 | 4.575 | -17.388 | 33.927 | 14.667 | 7.769 | 30.112 | 50.338 | 48.363 | 60.927 | 61.028 | 90.239 | 75.286 | 129.14 | 164.422 | 193.131 | 127.685 | 108.487 | 50.705 | 44.724 | 26.894 | 14.156 | 5.346 | 5.545 | 6.293 | 6.07 | -2.125 | 11.652 | 7.214 | 7.646 | 15.568 | 16.976 | 9.963 | 3.596 | 8.327 | 8.575 | 8.619 | 6.114 | 7.337 | 7.232 | 6.63 | 5.523 | 4.43 | 3.493 | 2.038 | -2.991 | -1.72 | -0.989 | -1.019 | -0.16 |
| Net Income
| 98.258 | 39.308 | -36.842 | 92.87 | 58.25 | 30.378 | 37.617 | 135.134 | 129.163 | 173.593 | 173.083 | 249.31 | 204.229 | 376.868 | 452.804 | 535.16 | 352.677 | 306.243 | 152.661 | 121.473 | 72.696 | 46.135 | 38.749 | 14.489 | 17.837 | 16.619 | 62.318 | 17.081 | 10.479 | 10.879 | 22.744 | 23.685 | 14.475 | 5.175 | 12.771 | 12.68 | 12.749 | 9.028 | 8.763 | 10.489 | 9.618 | 7.972 | 6.41 | 5.197 | 2.793 | 55.293 | 55.42 | 37.863 | 10.478 | 15.231 |
| Net Income Ratio
| 0.106 | 0.044 | -0.048 | 0.276 | 0.102 | 0.045 | 0.074 | 0.291 | 0.222 | 0.236 | 0.184 | 0.243 | 0.242 | 0.358 | 0.359 | 0.409 | 0.403 | 0.391 | 0.275 | 0.278 | 0.204 | 0.162 | 0.135 | 0.05 | 0.064 | 0.06 | 0.186 | 0.058 | 0.044 | 0.047 | 0.071 | 0.074 | 0.062 | 0.031 | 0.062 | 0.06 | 0.06 | 0.059 | 0.058 | 0.069 | 0.069 | 0.071 | 0.067 | 0.057 | 0.025 | 0.523 | 0.49 | 0.484 | 0.246 | 0.391 |
| EPS
| 1.93 | 0.78 | -0.74 | 1.86 | 1.17 | 0.61 | 0.75 | 2.46 | 2.38 | 2.94 | 2.97 | 4.02 | 3.1 | 5.45 | 6.31 | 7.39 | 4.53 | 3.89 | 1.95 | 1.55 | 0.93 | 0.59 | 0.65 | 0.58 | 0.71 | 0.7 | 2.67 | 0.73 | 0.45 | 0.48 | 1.02 | 1.07 | 0.66 | 0.24 | 0.58 | 0.58 | 0.59 | 0.42 | 0.41 | 0.49 | 0.45 | 0.38 | 0.37 | 0.29 | 0.22 | 4.98 | 4.99 | 3.41 | 0.94 | 0.069 |
| EPS Diluted
| 1.85 | 0.74 | -0.74 | 1.77 | 1.11 | 0.57 | 0.71 | 2.46 | 2.28 | 2.94 | 2.79 | 3.8 | 2.94 | 5.15 | 5.97 | 7.03 | 4.39 | 3.73 | 1.88 | 1.51 | 0.92 | 0.58 | 0.63 | 0.57 | 0.7 | 0.67 | 2.44 | 0.71 | 0.44 | 0.47 | 1 | 1.06 | 0.65 | 0.23 | 0.58 | 0.58 | 0.59 | 0.42 | 0.41 | 0.49 | 0.45 | 0.38 | 0.085 | 0.28 | 0.22 | 4.98 | 4.99 | 3.41 | 0.94 | 0.069 |
| EBITDA
| 348.548 | 219.144 | 297.517 | 126.797 | 72.917 | 38.147 | 67.729 | 185.472 | 177.526 | 245.309 | 234.111 | 349.932 | 290.386 | 517.022 | 617.226 | 728.291 | 488.767 | 423.067 | 203.366 | 166.197 | 99.59 | 60.291 | 58.306 | 61.697 | 126.006 | 72.996 | 121.773 | 94.144 | 57.96 | 119.136 | 129.408 | 139.278 | 84.258 | 128.629 | 77.233 | 73.923 | 97.773 | 53.238 | 53.233 | 62.692 | 58.047 | 62.902 | 55.005 | 43.357 | 50.229 | 60.44 | 58.779 | 42.412 | 14.968 | 15.605 |
| EBITDA Ratio
| 0.375 | 0.248 | 0.385 | 0.377 | 0.128 | 0.057 | 0.133 | 0.4 | 0.305 | 0.334 | 0.249 | 0.341 | 0.344 | 0.491 | 0.489 | 0.557 | 0.559 | 0.539 | 0.366 | 0.381 | 0.28 | 0.212 | 0.203 | 0.213 | 0.455 | 0.265 | 0.364 | 0.321 | 0.243 | 0.509 | 0.403 | 0.437 | 0.361 | 0.782 | 0.374 | 0.352 | 0.46 | 0.35 | 0.35 | 0.412 | 0.417 | 0.562 | 0.577 | 0.475 | 0.453 | 0.572 | 0.519 | 0.542 | 0.352 | 0.401 |