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Side-by-side financial comparison of PennyMac Mortgage Investment Trust (PMT) and SILICOM LTD. (SILC). Click either name above to swap in a different company.

PennyMac Mortgage Investment Trust is the larger business by last-quarter revenue ($93.6M vs $61.9M, roughly 1.5× SILICOM LTD.). PennyMac Mortgage Investment Trust runs the higher net margin — 56.0% vs -18.5%, a 74.5% gap on every dollar of revenue. On growth, SILICOM LTD. posted the faster year-over-year revenue change (6.6% vs -13.3%).

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.

Silicom Ltd. is a publicly traded company, headquartered in Israel, that specializes in the design, manufacture and marketing of connectivity solutions for a range of servers and server-based systems. Its shares are listed on the NASDAQ Global Market and on the Tel Aviv Stock Exchange. Silicom is a member of the RAD Group family of companies.

PMT vs SILC — Head-to-Head

Bigger by revenue
PMT
PMT
1.5× larger
PMT
$93.6M
$61.9M
SILC
Growing faster (revenue YoY)
SILC
SILC
+19.9% gap
SILC
6.6%
-13.3%
PMT
Higher net margin
PMT
PMT
74.5% more per $
PMT
56.0%
-18.5%
SILC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PMT
PMT
SILC
SILC
Revenue
$93.6M
$61.9M
Net Profit
$52.4M
$-11.5M
Gross Margin
30.6%
Operating Margin
38.6%
-19.8%
Net Margin
56.0%
-18.5%
Revenue YoY
-13.3%
6.6%
Net Profit YoY
12.5%
16.3%
EPS (diluted)
$0.49
$-2.01

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
PMT
PMT
SILC
SILC
Q4 25
$93.6M
$61.9M
Q3 25
$99.2M
Q2 25
$70.2M
Q1 25
$44.5M
Q4 24
$107.9M
$58.1M
Q3 24
$80.9M
Q2 24
$71.2M
Q1 24
$74.2M
Net Profit
PMT
PMT
SILC
SILC
Q4 25
$52.4M
$-11.5M
Q3 25
$58.3M
Q2 25
$7.5M
Q1 25
$9.7M
Q4 24
$46.5M
$-13.7M
Q3 24
$41.4M
Q2 24
$25.4M
Q1 24
$47.6M
Gross Margin
PMT
PMT
SILC
SILC
Q4 25
30.6%
Q3 25
Q2 25
Q1 25
Q4 24
28.6%
Q3 24
Q2 24
Q1 24
Operating Margin
PMT
PMT
SILC
SILC
Q4 25
38.6%
-19.8%
Q3 25
47.4%
Q2 25
24.2%
Q1 25
-14.2%
Q4 24
51.1%
-22.8%
Q3 24
32.8%
Q2 24
40.2%
Q1 24
43.6%
Net Margin
PMT
PMT
SILC
SILC
Q4 25
56.0%
-18.5%
Q3 25
58.7%
Q2 25
10.7%
Q1 25
21.8%
Q4 24
43.1%
-23.6%
Q3 24
51.2%
Q2 24
35.7%
Q1 24
64.2%
EPS (diluted)
PMT
PMT
SILC
SILC
Q4 25
$0.49
$-2.01
Q3 25
$0.55
Q2 25
$-0.04
Q1 25
$-0.01
Q4 24
$0.45
$-2.28
Q3 24
$0.36
Q2 24
$0.17
Q1 24
$0.39

Balance Sheet & Financial Strength

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

Metric
PMT
PMT
SILC
SILC
Cash + ST InvestmentsLiquidity on hand
$190.5M
$42.1M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.9B
$117.5M
Total Assets
$21.3B
$152.2M
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PMT
PMT
SILC
SILC
Q4 25
$190.5M
$42.1M
Q3 25
$181.0M
Q2 25
$108.6M
Q1 25
$204.2M
Q4 24
$103.2M
$72.1M
Q3 24
$102.8M
Q2 24
$336.3M
Q1 24
$343.3M
Total Debt
PMT
PMT
SILC
SILC
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
$5.1B
Stockholders' Equity
PMT
PMT
SILC
SILC
Q4 25
$1.9B
$117.5M
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$1.9B
$127.8M
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$2.0B
Total Assets
PMT
PMT
SILC
SILC
Q4 25
$21.3B
$152.2M
Q3 25
$18.5B
Q2 25
$16.8B
Q1 25
$14.9B
Q4 24
$14.4B
$150.4M
Q3 24
$13.1B
Q2 24
$12.1B
Q1 24
$12.3B
Debt / Equity
PMT
PMT
SILC
SILC
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
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
PMT
PMT
SILC
SILC
Operating Cash FlowLast quarter
$-7.2B
$-2.2M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-5.4%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
-137.76×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PMT
PMT
SILC
SILC
Q4 25
$-7.2B
$-2.2M
Q3 25
$-1.3B
Q2 25
$-2.0B
Q1 25
$-594.3M
Q4 24
$-2.7B
$18.3M
Q3 24
$-983.8M
Q2 24
$243.8M
Q1 24
$-342.4M
Free Cash Flow
PMT
PMT
SILC
SILC
Q4 25
$-3.3M
Q3 25
Q2 25
Q1 25
Q4 24
$17.4M
Q3 24
Q2 24
Q1 24
FCF Margin
PMT
PMT
SILC
SILC
Q4 25
-5.4%
Q3 25
Q2 25
Q1 25
Q4 24
29.9%
Q3 24
Q2 24
Q1 24
Capex Intensity
PMT
PMT
SILC
SILC
Q4 25
1.9%
Q3 25
Q2 25
Q1 25
Q4 24
1.6%
Q3 24
Q2 24
Q1 24
Cash Conversion
PMT
PMT
SILC
SILC
Q4 25
-137.76×
Q3 25
-22.26×
Q2 25
-267.53×
Q1 25
-61.39×
Q4 24
-58.08×
Q3 24
-23.76×
Q2 24
9.59×
Q1 24
-7.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PMT
PMT

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

SILC
SILC

Segment breakdown not available.

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