PennyMac Financial Services
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of PennyMac Financial Services generated cash of -$1,582,219,000, which is less than the previous year. Cash used in financing activities reached the amount of $1,465,339,000 last year. Net change in cash is therefore -$390,168,000.
Cash Flow
| 2014 | -578.95M | 6.75M | 617.81M |
|---|---|---|---|
| 2015 | 53.14M | -563.14M | 539.21M |
| 2016 | -938.52M | -34.73M | 967.15M |
| 2017 | -883.58M | -339.23M | 1.16B |
| 2018 | 572.39M | -322.61M | -132.03M |
| 2019 | -2.24B | 148.78M | 2.12B |
| 2020 | -6.19B | 783.03M | 5.76B |
| 2021 | 2.56B | -304.36M | -2.45B |
| 2022 | 6.03B | -721.58M | -4.32B |
| 2023 | -1.58B | -273.28M | 1.46B |
PFSI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.32B | 340.09M | 532.78M | 188.57M | 155.92M | 38.17M | 99.36M | 105.47M | 76.25M | 30.63M |
Operating activities | ||||||||||
Net income | 144.65M | 475.50M | 1.00B | 1.64B | 392.96M | 244.44M | 311.52M | 336.98M | 247.55M | 196.31M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 70.01M | 50.24M | 42.94M | 37.85M | 609.04M | 258.81M | 281.63M | 306.12M | 155.55M | 42.86M |
Stock-based compensation expense | 27.58M | 42.55M | 37.79M | 45.10M | 24.77M | 25.25M | 20.69M | 16.19M | 17.52M | 10.33M |
| Deferred income tax benefit | 27.58M | 42.55M | 37.79M | 45.10M | 24.77M | 25.25M | 20.69M | 16.19M | 17.52M | 10.33M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 5.66M | 2.77M | 35.24M | -48.32M | -20.25M | -9.67M | -10.80M | 2.76M | 7.34M | -302K |
Inventories | 0 | 0 | 0 | 0 | -30.74M | -42.57M | -37.81M | -84.11M | -86.45M | -89.70M |
Accounts payable | 121.67M | -109.48M | 34.66M | 135.31M | 38.55M | 32.75M | -41.41M | 33.04M | 26.30M | 16.43M |
Cash generated by operating activities | -1.58B | 6.03B | 2.56B | -6.19B | -2.24B | 572.39M | -883.58M | -938.52M | 53.14M | -578.95M |
Investing activities | ||||||||||
Purchases Of Investments | -96.45M | -877.19M | -434.39M | -131.84M | -21.12M | -122.22M | -120.73M | -66.96M | -24.63M | 0 |
Investments In Property Plant And Equipment | -36.17M | -83.08M | -56.87M | -84.23M | -262.95M | -258.52M | -202.31M | -30.53M | -394.72M | -140.21M |
Acquisitions Net | 0 | -238.70M | -48.98M | 131.84M | -22.08M | 245.10M | 0 | 0 | -385.60M | 0 |
Cash generated by investing activities | -273.28M | -721.58M | -304.36M | 783.03M | 148.78M | -322.61M | -339.23M | -34.73M | -563.14M | 6.75M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 24.94B | 24.26B | 0 | 26.58B | 0 | 149K | 0 | 0 |
Payments for dividends | -41.44M | -54.62M | -52.89M | -30.94M | -9.70M | -10.05M | 0 | 0 | 0 | 0 |
Repurchases of common stock | -71.49M | -406.08M | -958.19M | -337.47M | -1.05M | -5.29M | -8.59M | 0 | 0 | 0 |
Repayments of term debt | 838.46M | -3.83B | -23.96B | -23.62B | -26.11M | -26.24B | 546.77M | -32.06B | 620.64M | -19.75B |
Cash used in financing activities | 1.46B | -4.32B | -2.45B | 5.76B | 2.12B | -132.03M | 1.16B | 967.15M | 539.21M | 617.81M |
Net Change In Cash | -390.16M | 988.44M | -192.68M | 344.20M | 32.65M | 117.75M | -61.64M | -6.10M | 29.21M | 45.61M |
Cash at end of period | 938.37M | 1.32B | 340.09M | 532.78M | 188.57M | 155.92M | 37.72M | 99.36M | 105.47M | 76.25M |
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