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PennyMac Mortgage Investment Trust vs Orion Properties: PMT and ONL compared
PennyMac Mortgage Investment Trust is the larger company: $36.2M of revenue in its latest quarter (Q3 2026) against $35.4M for Orion Properties (Q3 2026). Orion Properties is growing faster (-4% against -64% a year earlier). Orion Properties is more profitable, with an operating margin of 10.7% against -45.4%.
Where the money goes: PMT and ONL
PennyMac Mortgage Investment Trust (PMT) · Q3 2026
PennyMac Mortgage Investment Trust, Q3 2026: revenue $36.2M (-64% year over year), operating margin -45.4%, net loss $25.4M, operating cash flow −$2.7B. The chart follows the revenue to costs, profit and cash.
Orion Properties (ONL) · Q3 2026
Orion Properties, Q3 2026: revenue $35.4M (-4% year over year), operating margin 10.7%, net loss $3.3M, operating cash flow $10.0M. The chart follows the revenue to costs, profit and cash.
| PennyMac Mortgage Investment Trust (PMT) | Orion Properties (ONL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $36.2M | $35.4M |
| Revenue growth, Y/Y | -64% | -4% |
| Operating margin | -45.4% | 10.7% |
| Net earnings | −$25.4M | −$3.3M |
| Net margin | -70.0% | -9.2% |
| Operating cash flow | −$2.7B | $10.0M |
| Free cash flow | — | $2.0M |
| Market value | $642M | — |
| P/E | 15.7× | — |
| Analysts’ mean target | $9.75 | — |
Where the revenue comes from
Orion Properties
- Rental Revenue: $35.2M (99%)
- Fee income from Unconsolidated Joint Venture: $198K (1%)
Questions
Which is bigger, PennyMac Mortgage Investment Trust or Orion Properties?
PennyMac Mortgage Investment Trust is the larger company: $36.2M of revenue in its latest quarter (Q3 2026) against $35.4M for Orion Properties (Q3 2026).
Is PennyMac Mortgage Investment Trust or Orion Properties growing faster?
Orion Properties is growing faster (-4% against -64% a year earlier).
Which is more profitable, PennyMac Mortgage Investment Trust or Orion Properties?
Orion Properties is more profitable, with an operating margin of 10.7% against -45.4%.
More: PennyMac Mortgage Investment Trust earnings · how PennyMac Mortgage Investment Trust makes money · Orion Properties earnings · how Orion Properties makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.