PennyMac Financial Services Past Earnings Performance
Past criteria checks 0/6
PennyMac Financial Services's earnings have been declining at an average annual rate of -26.7%, while the Diversified Financial industry saw earnings growing at 0.6% annually. Revenues have been declining at an average rate of 15.6% per year. PennyMac Financial Services's return on equity is 4.5%, and it has net margins of 6.1%.
Key information
-26.7%
Earnings growth rate
-20.0%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | -15.6% |
| Return on equity | 4.5% |
| Net Margin | 6.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How PennyMac Financial Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,778 | 170 | 826 | 0 |
| 30 Jun 24 | 1,916 | 194 | 816 | 0 |
| 31 Mar 24 | 1,800 | 154 | 822 | 0 |
| 31 Dec 23 | 2,006 | 145 | 835 | 0 |
| 30 Sep 23 | 1,515 | 219 | 843 | 0 |
| 30 Jun 23 | 1,717 | 261 | 850 | 0 |
| 31 Mar 23 | 1,724 | 332 | 920 | 0 |
| 31 Dec 22 | 1,628 | 476 | 1,035 | 0 |
| 30 Sep 22 | 2,072 | 611 | 1,161 | 0 |
| 30 Jun 22 | 2,626 | 725 | 1,259 | 0 |
| 31 Mar 22 | 3,305 | 800 | 1,326 | 0 |
| 31 Dec 21 | 3,582 | 1,003 | 1,315 | 0 |
| 30 Sep 21 | 3,902 | 1,283 | 1,246 | 0 |
| 30 Jun 21 | 4,211 | 1,569 | 1,177 | 0 |
| 31 Mar 21 | 4,160 | 1,718 | 1,057 | 0 |
| 31 Dec 20 | 5,181 | 1,647 | 944 | 0 |
| 30 Sep 20 | 4,458 | 1,347 | 865 | 0 |
| 30 Jun 20 | 4,060 | 933 | 785 | 0 |
| 31 Mar 20 | 3,698 | 653 | 707 | 0 |
| 31 Dec 19 | 2,456 | 393 | 638 | 0 |
| 30 Sep 19 | 2,349 | 279 | 589 | 0 |
| 30 Jun 19 | 1,820 | 172 | 543 | 0 |
| 31 Mar 19 | 1,447 | 117 | 522 | 0 |
| 31 Dec 18 | 1,108 | 88 | 518 | 0 |
| 30 Sep 18 | 1,211 | 111 | 513 | 0 |
| 30 Jun 18 | 1,222 | 114 | 500 | 0 |
| 31 Mar 18 | 1,218 | 106 | 484 | 0 |
| 31 Dec 17 | 1,196 | 101 | 451 | 0 |
| 30 Sep 17 | 1,196 | 61 | 468 | 0 |
| 30 Jun 17 | 1,238 | 68 | 458 | 0 |
| 31 Mar 17 | 1,250 | 72 | 446 | 0 |
| 31 Dec 16 | 1,232 | 66 | 418 | 0 |
| 30 Sep 16 | 1,134 | 56 | 368 | 0 |
| 30 Jun 16 | 1,004 | 45 | 342 | 0 |
| 31 Mar 16 | 921 | 43 | 328 | 0 |
| 31 Dec 15 | 868 | 47 | 329 | 0 |
| 30 Sep 15 | 793 | 43 | 291 | 0 |
| 30 Jun 15 | 706 | 41 | 263 | 0 |
| 31 Mar 15 | 627 | 38 | 235 | 0 |
| 31 Dec 14 | 560 | 37 | 217 | 0 |
| 30 Sep 14 | 514 | 34 | 198 | 0 |
| 30 Jun 14 | 458 | 29 | 183 | 0 |
| 31 Mar 14 | 428 | 22 | 177 | 0 |
| 31 Dec 13 | 416 | 14 | 168 | 0 |
Quality Earnings: 1AC has a large one-off loss of $162.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 1AC's current net profit margins (6.1%) are lower than last year (14.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1AC's earnings have declined by 26.7% per year over the past 5 years.
Accelerating Growth: 1AC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1AC had negative earnings growth (-22.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (-2.3%).
Return on Equity
High ROE: 1AC's Return on Equity (4.5%) is considered low.