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Side-by-side financial comparison of NATURES SUNSHINE PRODUCTS INC (NATR) and PennyMac Mortgage Investment Trust (PMT). Click either name above to swap in a different company.

NATURES SUNSHINE PRODUCTS INC is the larger business by last-quarter revenue ($123.8M vs $93.6M, roughly 1.3× PennyMac Mortgage Investment Trust). PennyMac Mortgage Investment Trust runs the higher net margin — 56.0% vs 3.3%, a 52.6% gap on every dollar of revenue. On growth, NATURES SUNSHINE PRODUCTS INC posted the faster year-over-year revenue change (4.7% vs -13.3%). Over the past eight quarters, PennyMac Mortgage Investment Trust's revenue compounded faster (12.3% CAGR vs 5.6%).

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

PennyMac Mortgage Investment Trust is a U.S.-headquartered real estate investment trust specializing in residential mortgage assets. It invests in performing and non-performing mortgage loans, mortgage-backed securities, and credit risk transfer instruments, operating across investment management and mortgage servicing segments in the U.S. housing market.

NATR vs PMT — Head-to-Head

Bigger by revenue
NATR
NATR
1.3× larger
NATR
$123.8M
$93.6M
PMT
Growing faster (revenue YoY)
NATR
NATR
+18.0% gap
NATR
4.7%
-13.3%
PMT
Higher net margin
PMT
PMT
52.6% more per $
PMT
56.0%
3.3%
NATR
Faster 2-yr revenue CAGR
PMT
PMT
Annualised
PMT
12.3%
5.6%
NATR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NATR
NATR
PMT
PMT
Revenue
$123.8M
$93.6M
Net Profit
$4.1M
$52.4M
Gross Margin
72.5%
Operating Margin
4.3%
38.6%
Net Margin
3.3%
56.0%
Revenue YoY
4.7%
-13.3%
Net Profit YoY
1379.4%
12.5%
EPS (diluted)
$0.23
$0.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NATR
NATR
PMT
PMT
Q4 25
$123.8M
$93.6M
Q3 25
$128.3M
$99.2M
Q2 25
$114.8M
$70.2M
Q1 25
$113.2M
$44.5M
Q4 24
$118.2M
$107.9M
Q3 24
$114.6M
$80.9M
Q2 24
$110.6M
$71.2M
Q1 24
$111.0M
$74.2M
Net Profit
NATR
NATR
PMT
PMT
Q4 25
$4.1M
$52.4M
Q3 25
$5.3M
$58.3M
Q2 25
$5.3M
$7.5M
Q1 25
$4.7M
$9.7M
Q4 24
$-321.0K
$46.5M
Q3 24
$4.3M
$41.4M
Q2 24
$1.3M
$25.4M
Q1 24
$2.3M
$47.6M
Gross Margin
NATR
NATR
PMT
PMT
Q4 25
72.5%
Q3 25
73.3%
Q2 25
71.7%
Q1 25
72.1%
Q4 24
72.0%
Q3 24
71.3%
Q2 24
71.4%
Q1 24
71.2%
Operating Margin
NATR
NATR
PMT
PMT
Q4 25
4.3%
38.6%
Q3 25
7.0%
47.4%
Q2 25
3.7%
24.2%
Q1 25
5.4%
-14.2%
Q4 24
3.8%
51.1%
Q3 24
4.6%
32.8%
Q2 24
5.1%
40.2%
Q1 24
4.2%
43.6%
Net Margin
NATR
NATR
PMT
PMT
Q4 25
3.3%
56.0%
Q3 25
4.2%
58.7%
Q2 25
4.6%
10.7%
Q1 25
4.2%
21.8%
Q4 24
-0.3%
43.1%
Q3 24
3.8%
51.2%
Q2 24
1.2%
35.7%
Q1 24
2.1%
64.2%
EPS (diluted)
NATR
NATR
PMT
PMT
Q4 25
$0.23
$0.49
Q3 25
$0.30
$0.55
Q2 25
$0.28
$-0.04
Q1 25
$0.25
$-0.01
Q4 24
$-0.02
$0.45
Q3 24
$0.23
$0.36
Q2 24
$0.07
$0.17
Q1 24
$0.12
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NATR
NATR
PMT
PMT
Cash + ST InvestmentsLiquidity on hand
$93.9M
$190.5M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$161.6M
$1.9B
Total Assets
$261.1M
$21.3B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATR
NATR
PMT
PMT
Q4 25
$93.9M
$190.5M
Q3 25
$95.6M
$181.0M
Q2 25
$81.3M
$108.6M
Q1 25
$86.5M
$204.2M
Q4 24
$84.7M
$103.2M
Q3 24
$78.7M
$102.8M
Q2 24
$68.7M
$336.3M
Q1 24
$77.8M
$343.3M
Total Debt
NATR
NATR
PMT
PMT
Q4 25
$1.1B
Q3 25
$299.0M
Q2 25
$1.2B
Q1 25
$968.4M
Q4 24
$1.0B
Q3 24
$5.2B
Q2 24
$5.4B
Q1 24
$2.1M
$5.1B
Stockholders' Equity
NATR
NATR
PMT
PMT
Q4 25
$161.6M
$1.9B
Q3 25
$166.7M
$1.9B
Q2 25
$163.7M
$1.9B
Q1 25
$167.1M
$1.9B
Q4 24
$161.0M
$1.9B
Q3 24
$162.6M
$1.9B
Q2 24
$156.4M
$1.9B
Q1 24
$159.7M
$2.0B
Total Assets
NATR
NATR
PMT
PMT
Q4 25
$261.1M
$21.3B
Q3 25
$264.8M
$18.5B
Q2 25
$254.9M
$16.8B
Q1 25
$252.7M
$14.9B
Q4 24
$240.9M
$14.4B
Q3 24
$245.3M
$13.1B
Q2 24
$235.8M
$12.1B
Q1 24
$247.3M
$12.3B
Debt / Equity
NATR
NATR
PMT
PMT
Q4 25
0.58×
Q3 25
0.16×
Q2 25
0.65×
Q1 25
0.51×
Q4 24
0.52×
Q3 24
2.70×
Q2 24
2.76×
Q1 24
0.01×
2.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NATR
NATR
PMT
PMT
Operating Cash FlowLast quarter
$9.9M
$-7.2B
Free Cash FlowOCF − Capex
$7.6M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
2.41×
-137.76×
TTM Free Cash FlowTrailing 4 quarters
$28.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATR
NATR
PMT
PMT
Q4 25
$9.9M
$-7.2B
Q3 25
$18.5M
$-1.3B
Q2 25
$4.3M
$-2.0B
Q1 25
$2.6M
$-594.3M
Q4 24
$12.2M
$-2.7B
Q3 24
$9.6M
$-983.8M
Q2 24
$1.3M
$243.8M
Q1 24
$2.2M
$-342.4M
Free Cash Flow
NATR
NATR
PMT
PMT
Q4 25
$7.6M
Q3 25
$16.8M
Q2 25
$3.0M
Q1 25
$1.5M
Q4 24
$10.0M
Q3 24
$7.9M
Q2 24
$-2.0M
Q1 24
$-1.5M
FCF Margin
NATR
NATR
PMT
PMT
Q4 25
6.1%
Q3 25
13.1%
Q2 25
2.6%
Q1 25
1.3%
Q4 24
8.5%
Q3 24
6.9%
Q2 24
-1.9%
Q1 24
-1.4%
Capex Intensity
NATR
NATR
PMT
PMT
Q4 25
1.9%
Q3 25
1.3%
Q2 25
1.2%
Q1 25
1.0%
Q4 24
1.9%
Q3 24
1.5%
Q2 24
3.0%
Q1 24
3.3%
Cash Conversion
NATR
NATR
PMT
PMT
Q4 25
2.41×
-137.76×
Q3 25
3.46×
-22.26×
Q2 25
0.81×
-267.53×
Q1 25
0.55×
-61.39×
Q4 24
-58.08×
Q3 24
2.21×
-23.76×
Q2 24
0.97×
9.59×
Q1 24
0.94×
-7.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

PMT
PMT

Other$55.0M59%
Interest Rate Sensitive Strategies$31.4M34%
Correspondent Production$7.2M8%

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