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Stocks Comparison

PennyMac Financial Services vs UWM: revenue, profit, margins and growth compared

PennyMac Financial Services brought in $2B of revenue in fiscal 2025, UWM $3.2B in fiscal 2025. Revenue changed by +28.4% at PennyMac Financial Services and +18.2% at UWM on the year before, so PennyMac Financial Services grew faster. PennyMac Financial Services kept 24.5% of its revenue as net profit, UWM 0.9%. Free cash flow was -$1.7B at PennyMac Financial Services and -$2.7B at UWM.

Side by side, latest fiscal year

PFSIUWMC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2B$3.2B
Revenue growth+28.4%+18.2%
Net income$501.1M$27.4M
Net margin24.5%0.9%
Free cash flow-$1.7B-$2.7B
Free cash flow margin-81.3%-86.1%
Earnings per share (diluted)$9.30$0.12
Cash$301.7M$503.4M
Debt$6.2B$3B
Price to earnings7.010.2
Market value$3.4B$2B
Dividend yield1.83%n/a
Rank by revenue in sector#143 of 444 · Finance#120 of 444 · Finance

Over the years

Revenue
PFSI FY2018: $984.6MPFSI FY2019: $1.5BPFSI FY2020: $3.7BPFSI FY2021: $3.2BPFSI FY2022: $2BPFSI FY2023: $1.4BPFSI FY2024: $1.6BPFSI FY2025: $2BUWMC FY2019: $1.3BUWMC FY2020: $4.9BUWMC FY2021: $3BUWMC FY2022: $2.4BUWMC FY2023: $2.2BUWMC FY2024: $2.7BUWMC FY2025: $3.2BFY18FY19FY20FY21FY22FY23FY24FY25
PFSI $2BUWMC $3.2B
Net income
PFSI FY2018: $87.7MPFSI FY2019: $393MPFSI FY2020: $1.6BPFSI FY2021: $1BPFSI FY2022: $475.5MPFSI FY2023: $144.7MPFSI FY2024: $311.4MPFSI FY2025: $501.1MUWMC FY2019: $415.1MUWMC FY2020: -$5.8MUWMC FY2021: $98.4MUWMC FY2022: $41.7MUWMC FY2023: -$13.2MUWMC FY2024: $14.4MUWMC FY2025: $27.4MFY18FY19FY20FY21FY22FY23FY24FY25
PFSI $501.1MUWMC $27.4M
Net margin
PFSI FY2018: 8.9%PFSI FY2019: 26.6%PFSI FY2020: 44.4%PFSI FY2021: 31.7%PFSI FY2022: 23.9%PFSI FY2023: 10.3%PFSI FY2024: 19.5%PFSI FY2025: 24.5%UWMC FY2019: 32.5%UWMC FY2020: -0.1%UWMC FY2021: 3.3%UWMC FY2022: 1.8%UWMC FY2023: -0.6%UWMC FY2024: 0.5%UWMC FY2025: 0.9%FY18FY19FY20FY21FY22FY23FY24FY25
PFSI 24.5%UWMC 0.9%
Revenue growth
PFSI FY2019: +50.0%PFSI FY2020: +150.8%PFSI FY2021: -14.5%PFSI FY2022: -37.3%PFSI FY2023: -29.4%PFSI FY2024: +13.7%PFSI FY2025: +28.4%UWMC FY2020: +286.3%UWMC FY2021: -39.9%UWMC FY2022: -20.1%UWMC FY2023: -8.7%UWMC FY2024: +23.5%UWMC FY2025: +18.2%FY19FY20FY21FY22FY23FY24FY25
PFSI +28.4%UWMC +18.2%
Free cash flow
PFSI FY2018: $559MPFSI FY2019: -$2.3BPFSI FY2020: -$6.2BPFSI FY2021: $2.6BPFSI FY2022: $6BPFSI FY2023: -$1.6BPFSI FY2024: -$4.5BPFSI FY2025: -$1.7BUWMC FY2019: -$3.5BUWMC FY2020: -$876KUWMC FY2021: -$10BUWMC FY2022: $8.2BUWMC FY2023: $138.8MUWMC FY2024: -$6.3BUWMC FY2025: -$2.7BFY18FY19FY20FY21FY22FY23FY24FY25
PFSI -$1.7BUWMC -$2.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about PennyMac Financial Services and UWM

Which is bigger by revenue, PennyMac Financial Services or UWM?

UWM is bigger by revenue: $3.2B in fiscal 2025, against $2B for PennyMac Financial Services in fiscal 2025.

Which keeps more of its revenue as profit, PennyMac Financial Services or UWM?

PennyMac Financial Services had a net margin of 24.5% in fiscal 2025; UWM had 0.9% in fiscal 2025.

Which grew revenue faster, PennyMac Financial Services or UWM?

In their latest fiscal years revenue changed by +28.4% at PennyMac Financial Services and +18.2% at UWM.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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