PennyMac Financial Services Gross Margin 2011-2024 | PFSI
- PennyMac Financial Services average gross margin for 2023 was 86.82%, a 0.36% decline from 2022.
- PennyMac Financial Services average gross margin for 2022 was 87.13%, a 0.44% decline from 2021.
- PennyMac Financial Services average gross margin for 2021 was 86.75%, a 1.55% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.