• PennyMac Financial Services average ebitda margin for 2023 was 36.34%, a 14.59% increase from 2022.
• PennyMac Financial Services average ebitda margin for 2022 was 42.55%, a 23.66% decline from 2021.
• PennyMac Financial Services average ebitda margin for 2021 was 55.74%, a 0.8% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.