PennyMac Financial Services Inc
NYSE:PFSI

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PennyMac Financial Services Inc
NYSE:PFSI
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Price: 103.95 USD 1.2%
Market Cap: 5.3B USD
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Income Statement

Earnings Waterfall
PennyMac Financial Services Inc

Revenue
2.2B USD
Cost of Revenue
-761.8m USD
Gross Profit
1.5B USD
Operating Expenses
-1.3B USD
Operating Income
217.4m USD
Other Expenses
-47.3m USD
Net Income
170.1m USD

Income Statement
PennyMac Financial Services Inc

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
546
N/A
597
+9%
670
+12%
756
+13%
852
+13%
938
+10%
1 002
+7%
1 094
+9%
1 231
+12%
1 362
+11%
1 390
+2%
1 388
0%
1 361
-2%
1 392
+2%
1 378
-1%
1 329
-4%
1 250
-6%
1 129
-10%
1 140
+1%
1 219
+7%
1 422
+17%
1 689
+19%
2 187
+29%
2 706
+24%
3 397
+26%
3 977
+17%
4 246
+7%
4 216
-1%
3 910
-7%
3 558
-9%
3 241
-9%
2 978
-8%
2 660
-11%
2 321
-13%
2 021
-13%
1 954
-3%
1 952
0%
2 039
+5%
2 076
+2%
2 175
+5%
2 247
+3%
Gross Profit
Cost of Revenue
(32)
(37)
(43)
(50)
(59)
(69)
(78)
(87)
(93)
(106)
(115)
(126)
(141)
(145)
(152)
(148)
(144)
(145)
(145)
(166)
(183)
(212)
(236)
(236)
(243)
(272)
(318)
(367)
(395)
(391)
(360)
(329)
(321)
(335)
(390)
(497)
(571)
(638)
(672)
(701)
(762)
Gross Profit
514
N/A
560
+9%
627
+12%
706
+13%
793
+12%
870
+10%
924
+6%
1 008
+9%
1 138
+13%
1 256
+10%
1 275
+2%
1 262
-1%
1 220
-3%
1 248
+2%
1 227
-2%
1 182
-4%
1 107
-6%
985
-11%
994
+1%
1 053
+6%
1 239
+18%
1 477
+19%
1 952
+32%
2 470
+27%
3 154
+28%
3 706
+17%
3 928
+6%
3 849
-2%
3 516
-9%
3 167
-10%
2 880
-9%
2 649
-8%
2 339
-12%
1 986
-15%
1 631
-18%
1 456
-11%
1 380
-5%
1 402
+2%
1 404
+0%
1 474
+5%
1 486
+1%
Operating Income
Operating Expenses
(302)
(337)
(400)
(462)
(538)
(591)
(669)
(742)
(807)
(873)
(860)
(873)
(877)
(912)
(880)
(818)
(775)
(717)
(739)
(773)
(854)
(948)
(1 068)
(1 206)
(1 327)
(1 452)
(1 597)
(1 718)
(1 774)
(1 808)
(1 793)
(1 664)
(1 508)
(1 321)
(1 162)
(1 092)
(1 075)
(1 055)
(1 051)
(1 224)
(1 268)
Selling, General & Administrative
(247)
(275)
(303)
(350)
(383)
(400)
(424)
(425)
(458)
(504)
(531)
(547)
(550)
(598)
(626)
(659)
(700)
(691)
(713)
(747)
(825)
(906)
(1 032)
(1 166)
(1 288)
(1 403)
(1 536)
(1 647)
(1 688)
(1 748)
(1 741)
(1 625)
(1 478)
(1 258)
(1 119)
(1 047)
(1 033)
(1 009)
(1 013)
(1 024)
(1 066)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(9)
0
0
0
(9)
0
0
0
(8)
0
0
0
(11)
0
0
0
(10)
0
0
0
Other Operating Expenses
(56)
(62)
(97)
(113)
(155)
(191)
(244)
(318)
(349)
(369)
(329)
(327)
(327)
(314)
(254)
(159)
(76)
(26)
(26)
(26)
(28)
(33)
(35)
(39)
(39)
(40)
(60)
(72)
(86)
(51)
(51)
(38)
(29)
(52)
(43)
(45)
(41)
(36)
(40)
(200)
(202)
Operating Income
211
N/A
223
+6%
227
+2%
244
+7%
255
+5%
279
+9%
256
-8%
265
+4%
331
+25%
383
+16%
415
+8%
389
-6%
344
-12%
336
-2%
347
+3%
364
+5%
331
-9%
268
-19%
255
-5%
280
+10%
385
+37%
529
+38%
884
+67%
1 265
+43%
1 827
+44%
2 254
+23%
2 332
+3%
2 131
-9%
1 742
-18%
1 360
-22%
1 088
-20%
986
-9%
832
-16%
665
-20%
469
-30%
364
-22%
306
-16%
346
+13%
354
+2%
250
-29%
217
-13%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(13)
0
0
0
(1)
0
0
0
0
0
0
0
(163)
(164)
0
0
Pre-Tax Income
212
N/A
223
+5%
227
+2%
244
+7%
255
+5%
279
+9%
256
-8%
266
+4%
331
+25%
383
+16%
415
+8%
389
-6%
344
-12%
336
-2%
347
+3%
364
+5%
331
-9%
268
-19%
255
-5%
280
+10%
384
+37%
529
+38%
884
+67%
1 265
+43%
1 827
+44%
2 241
+23%
2 332
+4%
2 131
-9%
1 742
-18%
1 359
-22%
1 088
-20%
986
-9%
832
-16%
665
-20%
469
-30%
364
-22%
306
-16%
184
-40%
189
+3%
250
+32%
217
-13%
Net Income
Tax Provision
(24)
(27)
(27)
(29)
(31)
(32)
(29)
(31)
(39)
(46)
(50)
(47)
(42)
(38)
(37)
(36)
(30)
(23)
(31)
(52)
(91)
(137)
(231)
(332)
(480)
(594)
(614)
(562)
(459)
(356)
(287)
(261)
(221)
(190)
(137)
(103)
(87)
(39)
(36)
(57)
(47)
Income from Continuing Operations
188
196
200
215
225
248
227
235
292
337
365
341
301
298
310
328
302
244
224
228
293
393
653
933
1 347
1 647
1 718
1 569
1 283
1 004
800
725
611
476
332
261
219
145
154
194
170
Income to Minority Interest
(153)
(160)
(162)
(174)
(181)
(200)
(184)
(190)
(236)
(271)
(293)
(274)
(240)
(211)
(218)
(228)
(204)
(157)
(107)
(56)
(14)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
35
N/A
37
+7%
38
+3%
41
+8%
43
+5%
47
+9%
43
-8%
45
+4%
56
+24%
66
+18%
72
+9%
68
-6%
61
-10%
101
+65%
107
+6%
114
+7%
111
-2%
88
-21%
117
+34%
172
+47%
279
+62%
393
+41%
653
+66%
933
+43%
1 347
+44%
1 647
+22%
1 718
+4%
1 569
-9%
1 283
-18%
1 004
-22%
800
-20%
725
-9%
611
-16%
476
-22%
332
-30%
261
-21%
219
-16%
145
-34%
154
+6%
194
+26%
170
-12%
EPS (Diluted)
0.45
N/A
0.49
+9%
0.51
+4%
0.55
+8%
0.58
+5%
0.62
+7%
0.56
-10%
0.59
+5%
0.73
+24%
0.86
+18%
0.93
+8%
0.87
-6%
0.78
-10%
4.03
+417%
1.33
-67%
1.44
+8%
1.4
-3%
2.48
+77%
1.47
-41%
2.16
+47%
3.47
+61%
4.89
+41%
7.96
+63%
11.6
+46%
17.69
+53%
20.92
+18%
23.49
+12%
22.6
-4%
19.53
-14%
14.87
-24%
13.53
-9%
12.81
-5%
11.1
-13%
8.5
-23%
6.22
-27%
4.99
-20%
4.16
-17%
2.74
-34%
2.88
+5%
3.62
+26%
3.17
-12%

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