PFSI financial statements
The full income statement, balance sheet, and cash-flow statement for PennyMac Financial Services Inc. (PFSI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 20.1M-25.2% | 26.9M+100.5% | 13.4M+8.2% | 12.4M+69.2% | 7.33M+8.7% | |
| 1.50B+25.4% | 1.19B-2.1% | 1.22B-7.8% | 1.32B-27.0% | 1.81B+23.4% | ||
| Selling & marketing | 46.1M+110.0% | 22.0M+24.6% | 17.6M-62.3% | 46.8M+4.4% | 44.8M+417.5% | |
| Interest expense | — | — | 638M+90.1% | 335M-14.1% | 391M+43.9% | |
| Interest & investment income | 924M+16.5% | 794M+25.4% | 633M+115.2% | 294M-2.0% | 300M+21.5% | |
| Net interest income | -36.1M-40.1% | -25.8M-431.3% | -4.85M+88.3% | -41.4M+54.3% | -90.5M-269.1% | |
| Pre-tax income | 551M+37.5% | 401M+118.4% | 184M-72.4% | 665M-51.1% | 1.36B-39.3% | |
| Income tax | 50.3M-43.8% | 89.6M+129.9% | 39.0M-79.5% | 190M-46.7% | 356M-40.1% | |
| Net income | 501M+60.9% | 311M+115.3% | 145M-69.6% | 476M-52.6% | 1.00B-39.1% | |
| $9.30+59.2% | $5.84+113.1% | $2.74-67.8% | $8.50-42.8% | $14.87-28.9% | ||
| EPS (basic) | $9.69+58.6% | $6.11+111.4% | $2.89-67.7% | $8.96-43.0% | $15.73-28.2% | |
| Weighted-avg shares (basic) | 51.7M+1.4% | 51.0M+2.0% | 50.0M-5.8% | 53.1M-16.8% | 63.8M-15.1% | |
| Weighted-avg shares (diluted) | 53.9M+1.0% | 53.4M+1.2% | 52.7M-5.7% | 56.0M-17.1% | 67.5M-14.3% | |
| Dividends per share | $1.20+20.0% | $1.00+25.0% | $0.80+0.0% | $0.80-16.2% | $0.95+113.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 302M+26.5% | 238M-74.6% | 938M-29.4% | 1.33B+290.6% | 340M-36.2% | |
| Short-term investments | 410M-2.5% | 421M+3995.8% | 10.3M-15.8% | 12.2M+77.4% | 6.87M-54.8% | |
| 29.4B+12.7% | 26.1B+38.4% | 18.8B+12.0% | 16.8B-10.4% | 18.8B-40.6% | ||
| Property, plant & equipment | 17.8M+37.7% | 12.9M-32.1% | 19.0M-33.0% | 28.4M-10.4% | 31.7M | |
| Operating lease right-of-use | 61.8M+68.9% | 36.6M-26.7% | 49.9M-24.2% | 65.9M-26.0% | 89.0M+18.8% | |
| 25.1B+12.7% | 22.3B+45.4% | 15.3B+14.6% | 13.4B-13.1% | 15.4B-45.6% | ||
| Long-term debt | 6.23B+18.6% | 5.25B+18.6% | 4.43B+18.1% | 3.75B+20.8% | 3.10B+139.5% | |
| Operating lease liability (total) | 75.1M+55.0% | 48.4M-26.7% | 66.0M-22.8% | 85.5M-22.2% | 110M+16.8% | |
| 4.31B+12.5% | 3.83B+8.2% | 3.54B+1.9% | 3.47B+1.5% | 3.42B+0.9% | ||
| Common stock | 5.00K+0.0% | 5.00K+0.0% | 5.00K | — | — | |
| Additional paid-in capital | 96.9M+72.8% | 56.1M+130.9% | 24.3M | — | 125M-88.0% | |
| Retained earnings | 4.21B+11.6% | 3.77B+7.4% | 3.51B+1.2% | 3.47B+5.4% | 3.29B+40.6% | |
| Total equity incl. non-controlling | 4.31B+12.5% | 3.83B+8.2% | 3.54B+1.9% | 3.47B+1.5% | 3.42B+0.9% | |
| Total liabilities & equity | 29.4B+12.7% | 26.1B+38.4% | 18.8B+12.0% | 16.8B-10.4% | 18.8B-40.6% | |
| Common shares issued | 52.1M+1.3% | 51.4M+2.4% | 50.2M | — | — | |
| Common shares outstanding | 52.1M+1.3% | 51.4M+2.4% | 50.2M | — | — | |
| Shares outstanding (cover) | 52.2M+1.4% | 51.4M+2.0% | 50.4M+0.8% | 50.0M-9.7% | 55.4M-20.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -1.65B+63.6% | -4.53B-186.5% | -1.58B-126.2% | 6.03B+135.4% | 2.56B+141.3% | ||
| Depreciation & amortization | 54.4M-2.8% | 56.0M+5.2% | 53.2M+54.7% | 34.4M+20.1% | 28.6M+12.0% | |
| Share-based compensation | 36.2M+73.6% | 20.9M-24.3% | 27.6M-35.2% | 42.6M+12.6% | 37.8M-16.2% | |
| Deferred income taxes | 52.9M-40.8% | 89.4M+142.1% | 36.9M-80.9% | 193M-10.0% | 214M+148.7% | |
| 552M+129.3% | -1.89B-590.8% | -273M+62.1% | -722M-137.1% | -304M-138.9% | ||
| Capital expenditure | 11.9M+595.1% | 1.72M+23.7% | 1.39M-80.6% | 7.16M-9.4% | 7.90M-26.0% | |
| Free cash flow | -1.66B+63.3% | -4.53B-186.4% | -1.58B-126.3% | 6.03B+135.8% | 2.56B+141.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | — | — | 1.00M | — | — | |
| 1.16B-79.7% | 5.72B+290.4% | 1.47B+133.9% | -4.32B-76.4% | -2.45B-142.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 4.74M | 0.00-100.0% | 71.5M-82.4% | 406M-57.6% | 958M+183.9% | |
| Dividends paid | 62.5M+19.9% | 52.2M+25.9% | 41.4M-24.1% | 54.6M+3.3% | 52.9M+70.9% | |
| Net change in cash | 63.2M+109.0% | -700M-79.4% | -390M-139.5% | 988M+613.0% | -193M-156.0% | |
| Interest paid | 956M+19.9% | 797M+24.7% | 639M+93.8% | 330M-15.3% | 390M+42.7% | |
| Income taxes paid | -2.68M-280.1% | 1.49M+227.5% | -1.17M+99.1% | -128M-143.6% | 293M-38.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.88B+30.9% | 5.25B+19.1% | 4.41B+55.5% | 2.84B-26.6% | 3.87B-14.9% | |
| P/E | 13.7×-18.6% | 16.9×-16.2% | 20.1×+333.5% | 4.6×+20.5% | 3.9×+39.7% | |
| P/S | 342.0×+74.9% | 195.5×-48.5% | 379.4×+41.6% | 267.9×-49.3% | 528.0×-21.7% | |
| P/B | 1.6×+16.4% | 1.4×+11.1% | 1.2×+51.5% | 0.8×-28.0% | 1.1×-15.6% | |
| P/FCF | — | — | — | 0.5×-64.8% | 1.5× | |
| Earnings yield | 7.3%+22.9% | 5.9%+19.4% | 5.0%-76.9% | 21.5%-17.0% | 25.9%-28.4% | |
| FCF yield | — | — | — | 187.8%+184.3% | 66.1% | |
| Dividend yield | 0.91%-7.0% | 0.98%+8.1% | 0.91%-35.9% | 1.4%+3.2% | 1.4%+100.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
One company, more than one SEC registrant: these statements were filed by Pennymac Financial Services, Inc. until Nov 1, 2018 and by a successor registrant of the same name since.
About this data
Source: PFSI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PFSI filings on SEC EDGAR → Not investment advice.