PennyMac Return On Tangible Assets from 2010 to 2024

PMT Stock  USD 13.56  0.11  0.82%   
PennyMac Mortgage Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02171384
Current Value
0.0285
Quarterly Volatility
0.01839623
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PennyMac Mortgage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PennyMac Mortgage's main balance sheet or income statement drivers, such as Interest Expense of 772.8 M, Total Operating Expenses of 24.7 M or Depreciation And Amortization of 757.1 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.088 or PTB Ratio of 0.89. PennyMac financial statements analysis is a perfect complement when working with PennyMac Mortgage Valuation or Volatility modules.
  
Check out the analysis of PennyMac Mortgage Correlation against competitors.

Latest PennyMac Mortgage's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of PennyMac Mortgage Investment over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. PennyMac Mortgage's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PennyMac Mortgage's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

PennyMac Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation70.58
Mean Deviation0.01
Median0.02
Standard Deviation0.02
Sample Variance0.0003
Range0.0642
R-Value(0.72)
Mean Square Error0.0002
R-Squared0.52
Significance0
Slope(0)
Total Sum of Squares0

PennyMac Return On Tangible Assets History

2024 0.0285
2023 0.0217
2022 -0.007396
2021 0.005226
2020 0.005365
2019 0.0221
2018 0.023

About PennyMac Mortgage Financial Statements

PennyMac Mortgage shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although PennyMac Mortgage investors may analyze each financial statement separately, they are all interrelated. The changes in PennyMac Mortgage's assets and liabilities, for example, are also reflected in the revenues and expenses on on PennyMac Mortgage's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.03 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for PennyMac Stock Analysis

When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.