Pennymac Financial Services vs UWM Holdings
UWM Holdings is the larger business, with $3.16bn of revenue in fiscal 2025 against $2.05bn for Pennymac Financial Services (1.5 times as much). Pennymac Financial Services grew faster (28.4% against 18.2%). Pennymac Financial Services kept more of each dollar of sales as profit: a net margin of 24.5% against 0.9%.
| Latest fiscal year | Pennymac Financial ServicesPFSI, 2025 | UWM HoldingsUWMC, 2025 |
|---|---|---|
| Revenue | $2.05bn | $3.16bn |
| Revenue growth | 28.4% | 18.2% |
| Net income | $501m | $27.4m |
| Operating margin | — | — |
| Net margin | 24.5% | 0.9% |
| Return on equity | 12.3% | 1.5% |
| Free cash flow | −$1.66bn | −$2.72bn |
| Cash | $302m | $503m |
| Total debt | $6.23bn | $3.00bn |
| Debt to equity | — | 188.2% |
| Dividend per share | $1.20 | — |
| Dividend yield | 1.9% | 19.6% |
| Share buybacks | $4.7m | — |
| Employees | — | 9,100 |
| Market value | $3.36bn | $547m |
| Price vs our value range | — | — |
| Moat score | 80 (Strong) | — |
| Insider trades, 12 months | 1 buys, 38 sales | 0 buys, 123 sales |