PennyMac Financial Services, Inc.

PFSINYSEFinancial Services● Active

$80.99

$-0.25(-0.31%)

Market Cap$4.2B

P/E Ratio—

52W High$160.36

52W Low$80.37

Avg Volume593K

Open$81.25

Beta1.44

Free Cash Flow Financials Revenue

PennyMac Financial Services, Inc. (PFSI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PFSI · free cash flow · updated Jun 8, 2026

Core FCF metrics

PFSI · FCF · TTM · margin & CAGR

Free cash flow was −$1.41B for FY2025 (fiscal year ending 2025-12-31), up 69.0% year-over-year The FCF margin was -32.4%.

FY2025 Free Cash Flow−$1.41B▲ +69.0% YoY

Trailing 12M (TTM)−$3.73Btrailing 4 quarters sum

FCF Margin-32.4%−$1.41B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PFSI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$1.40B(12M)−$1.41B▲ +69.0%-32.4%

FY2024−$4.53B(22M)−$4.56B▼ 181.5%-285.8%

FY2023−$1.58B(36M)−$1.62B▼ 127.2%-79.4%

FY2022$6.03B(83M)$5.95B▲ +137.4%256.3%

FY2021$2.56B(57M)$2.51B▲ +139.9%70.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PFSI · P/FCF · FCF yield · FCF per share

PennyMac Financial Services, Inc. (PFSI) reported negative free cash flow of −$1.41B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

PFSI · cash flow statement · operating / investing / financing

For FY2025, PennyMac Financial Services, Inc. generated −$1.40B in operating cash flow and spent 12M in capital expenditures, yielding −$1.41B in free cash flow.

Operating Activities

−$1.40B

Cash from core business operations

2025-12-31

Investing Activities

+$300.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.16B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$1.40B) − |CapEx| (12M) = FCF (−$1.41B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

PFSI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

PennyMac Financial Services, Inc.YOU

PFSI

−$1.41B+69.0%-32.4%

Loss

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

PennyMac Financial Services, Inc. (PFSI) reported free cash flow of −$1.41B for FY2025 (fiscal year ending 2025-12-31), up 69.0% year-over-year. The FCF margin was -32.4%.

Based on available data, PennyMac Financial Services, Inc. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $5.95B in FY2022.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PFSI free cash flow · 8 questions

PennyMac Financial Services, Inc. free cash flow was −$1.41B for FY2025, up 69.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$3.73B.

PFSI free cash flowPFSI FCFPFSI FCF 2025PFSI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · PennyMac Financial Services, Inc. · PennyMac Financial Services, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026