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Companies / Financials / PennyMac Mortgage Investment Trust
PMT

PennyMac Mortgage Investment Trust

Ticker PMTWESTLAKE VILLAGE, CAFiscal year ends DecemberBook value per share $20.46Diluted shares 87.2M

PennyMac Mortgage Investment Trust (NYSE: PMT) is a specialty finance company that invests primarily in U.S. mortgage-related assets, including mortgage servicing rights, mortgage-backed securities and credit risk transfer arrangements. It also purchases newly originated residential loans through correspondent… From the company’s description.

Over the twelve months to Sep 30, 2026, PennyMac Mortgage Investment Trust reported revenue of $284.67M, down 11.5% from a year earlier, and net income of $82.53M. Operations used $11.52B in cash. In fiscal 2025, it reported revenue of $307.46M, down 8.0% from fiscal 2024, and net income of $127.87M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$307.46MFY2025
−8.0% year over year
Last 12 mo $284.67M
0.00%FY2025
$127.87MFY2025
−20.6% year over year
Last 12 mo $82.53M
6.78%FY2025
−1.5 percentage points
Last 12 mo 4.63%
Cash & financing
$-7.21BFY2025
−166.9% year over year
Last 12 mo $-11.52B
$-7.21BFY2025
−166.9% year over year
Last 12 mo $-11.52B
1.74FY2025
Was 1.82× a year earlier
Last 12 mo 1.79
87.0MFY2025
+0.2% year over year
Last 12 mo 87.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PennyMac Mortgage Investment Trust does

In the company’s own words

PennyMac Mortgage Investment Trust (NYSE: PMT) is a specialty finance company that invests primarily in U.S. mortgage-related assets, including mortgage servicing rights, mortgage-backed securities and credit risk transfer arrangements. It also purchases newly originated residential loans through correspondent production, then sells them to government-sponsored enterprises, banks and other investors or securitizes them, sometimes retaining securities and servicing rights. The company operates three segments: credit sensitive strategies, interest rate sensitive strategies and correspondent production. Its investment portfolio includes Agency and non-Agency securities, structured mortgage products and interests related to residential loans. PennyMac is externally managed by a PFSI subsidiary, while another PFSI subsidiary provides loan production and servicing. At December 31, 2025, the company had $21.3 billion in total assets; its correspondent loan purchases totaled $70.8 billion during fiscal 2025. Its website is www.pennymacmortgageinvestmenttrust.com.

Company details
Sector
Financials
Industry (SIC)
REITs
Headquarters
WESTLAKE VILLAGE, CA
Fiscal year end
December
CIK
1464423
SIC
6798

Financial performance, year by year

Fiscal 2011–2025 · USD
$-129.50M$39.13M$207.76M$376.39M$545.03M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PennyMac Mortgage Investment Trust — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

179
funds hold it
0 of 35
superinvestors hold it
$407.75M
held by funds, at market
41.5%
of shares held by funds
2
bond issues held by funds

Largest fund holders · PennyMac Mortgage Investment Trust’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.05%of fund net assets
T. Rowe Price Small-Cap Value Fund, Inc.
PRSVX · T. ROWE PRICE SMALL-CAP VALUE FUND, INC.
0.39%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

PennyMac Mortgage Investment Trust’s bonds, as funds hold them

Funds report holding 2 issues of PennyMac Mortgage Investment Trust’s debt, $43.09M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.50%, maturing 2029 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do PennyMac Mortgage Investment Trust and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of PennyMac Mortgage Investment Trust's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in PennyMac Mortgage Investment Trust's last four quarterly filings that the numbers alone won't show?”
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