PFSI
PennyMac Financial Services, Inc.
PFSI trails on the overall score without a compensating advantage in the available component scores.
SOFI
SoFi Technologies, Inc.
SOFI has the edge over PFSI overall, supported by stronger modeled upside and stronger valuation.
PFSI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| N/A | |
| N/A |
PFSI's profitability is currently stable, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like PFSI.
SOFI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
SOFI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SOFI.
PFSI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.6x | $16.03 | -74% |
| Fair | 8.9x | $39.77 | -35% |
| Forward | 9.3x | $60.73 | — |
| Current | 14x | $60.73 | — |
| Expensive | 18x | $80.01 | +32% |
Historical ranges are pointers, not guarantees.
PFSI's PE is in its expensive range at 14x. On analysts' estimates for next year's earnings, today's price would be 9.3x, in its fair range.
SOFI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $15.63 | — |
| Current | 28x | $15.63 | — |
| Cheap | 33x | $18.24 | +17% |
| Fair | 43x | $23.82 | +52% |
| Expensive | 53x | $29.74 | +90% |
Historical ranges are pointers, not guarantees.
SOFI has the edge over PFSI in the historical PE scenario, which offers more potential upside but is not a forecast.
PFSI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect PFSI's earnings and revenue to decline, with profitability weakening.
SOFI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
SOFI has the edge over PFSI on the outlook, with more favorable earnings and revenue expectations.
PFSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.51 | +46% |
| Q3 2026 | $4.45 | -52% |
| Q2 2026 | $7.28 | +1% |
| Q1 2026 | $9.41 | +44% |
| Q4 2025 | $9.30 | +59% |
| Q3 2025 | $9.28 | +192% |
| Q2 2025 | $7.21 | +98% |
| Q1 2025 | $6.52 | +124% |
| Q4 2024 | $5.84 | +113% |
PFSI has the edge over SOFI on earnings, with more consistent year-over-year improvement.
SOFI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | +47% |
| Q3 2026 | $0.56 | 0% |
| Q2 2026 | $0.49 | -2% |
| Q1 2026 | $0.45 | +4.7% |
| Q4 2025 | $0.39 | 0% |
| Q3 2025 | $0.56 | +367% |
| Q2 2025 | $0.50 | +$0.72 |
| Q1 2025 | $0.43 | +$0.72 |
| Q4 2024 | $0.39 | +$0.75 |
SOFI earned $0.56 per share over the past year, about the same as the year before.
PFSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $468.8M | -26% |
| Q2 2026 | $497M | +12% |
| Q1 2026 | $545M | +26% |
| Q4 2025 | $538M | +14% |
| Q3 2025 | $632.9M | +54% |
| Q2 2025 | $444.7M | +9.5% |
| Q1 2025 | $430.9M | +41% |
| Q4 2024 | $470.1M | +30% |
PFSI's revenue fell from its 2020 peak and has held roughly level since: $469M last quarter, down 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.1% | -28 points |
| Q2 2026 | 6.3% | -11 points |
| Q1 2026 | 19% | -5 points |
| Q4 2025 | 25% | -2.5 points |
| Q3 2025 | 37% | +15 points |
| Q2 2025 | 17% | -16 points |
| Q1 2025 | 24% | +9.8 points |
| Q4 2024 | 28% | +43 points |
PFSI's operating margin was 9.1% last quarter, down 28 points from the same quarter a year ago, near the bottom of its range since 2019.
SOFI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +44% |
| Q2 2026 | $1.2B | +43% |
| Q1 2026 | $1.1B | +43% |
| Q4 2025 | $1B | +40% |
| Q3 2025 | $961.6M | +38% |
| Q2 2025 | $854.9M | +43% |
| Q1 2025 | $771.8M | +20% |
| Q4 2024 | $734.1M | +19% |
SOFI has the edge over PFSI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +7.5 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 18% | +7.8 points |
| Q4 2025 | 18% | +9.9 points |
| Q3 2025 | 15% | +6.3 points |
| Q2 2025 | 13% | +11 points |
| Q1 2025 | 10% | -4.3 points |
| Q4 2024 | 8.2% | -0.2 points |
SOFI has the edge over PFSI on profitability, with a higher operating margin.
PFSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $850.3M | +$1.5B |
| Q2 2026 | $2.1B | +$2.3B |
| Q1 2026 | -$1.3B | -226% |
| Q4 2025 | -$1.9B | +$251.6M |
| Q3 2025 | -$699.4M | -$305.6M |
| Q2 2025 | -$132.6M | +$960.7M |
| Q1 2025 | $1.1B | +$2B |
| Q4 2024 | -$2.1B | -600% |
PFSI has the edge over SOFI on cash flow, with more consistent year-over-year improvement.
SOFI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.1B | -$1.7B |
| Q2 2026 | -$4B | -$2.5B |
| Q1 2026 | -$2.4B | -$2.4B |
| Q4 2025 | -$1.1B | -$815.2M |
| Q3 2025 | -$1.4B | -$149M |
| Q2 2025 | -$1.5B | -$1B |
| Q1 2025 | -$31.1M | -104% |
| Q4 2024 | -$242.4M | +$39.9M |
SOFI's free cash flow was −$10.5B over the past year, against −$3.2B the year before. Free cash flow isn't a meaningful measure for financial services companies like SOFI.
PFSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -117K shares |
| 1 year | -1.4% | -745K shares |
| 3 years | +1.1% | +573K shares |
| 5 years | -19% | -12.5M shares |
| Available history | -34% | -27.2M shares |
PFSI has the edge over SOFI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $50M |
| Q4 2025 | — |
| Q4 2023 | $84,000 |
| Q3 2023 | — |
| Q2 2023 | $26.2M |
| Q1 2023 | $45.4M |
PFSI spent $50M buying back its own shares over the past year.
SOFI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +5.8M shares |
| 1 year | +5.2% | +66.8M shares |
| 3 years | +43% | +407M shares |
| 5 years | +272% | +993M shares |
SOFI has 1.4B diluted shares, up 5.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
PFSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 17.2x | High |
| Q2 2026 | 10.9x | High |
| Q1 2026 | 9.9x | High |
| Q4 2025 | 9.8x | High |
| Q3 2025 | 9.3x | High |
| Q2 2025 | 11.8x | High |
| Q1 2025 | 10.8x | High |
| Q4 2024 | 11.0x | High |
PFSI's net debt is about 17 years of its operating earnings (EBITDA), up from 9.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like PFSI.
SOFI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -3.8x | Net Cash |
| Q4 2025 | -6.5x | Net Cash |
| Q3 2025 | -5.2x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q1 2025 | -4.9x | Net Cash |
| Q4 2024 | -5.8x | Net Cash |
SOFI has the edge over PFSI on leverage, with a lower net debt burden relative to earnings.
PFSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.8 | Neutral |
| Stochastic | 22.4 | Neutral |
PFSI's weekly RSI is 31 (neutral) and its Stochastic is 22 (neutral).
SOFI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 41.5 | Neutral |
SOFI's weekly RSI is 43 (neutral) and its Stochastic is 41 (neutral).
PFSI PE vs Financial Services Sector
| Metric | PFSI | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 4.8% above |
| PE % | 67 | 63 | 4 pts above |
PFSI has the edge over SOFI on valuation relative to its sector.
SOFI PE vs Financial Services Sector
| Metric | SOFI | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 114% above |
| PE % | 2 | 61 | 59 pts below |
SOFI is trading at 28x earnings, a 114% premium to the Financial Services sector's median of 13x.
PFSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.6 | 2.9% below |
| 20 week MA | $71.3 | 15% below |
| 50 week MA | $89.8 | 32% below |
| 100 week MA | $98.3 | 38% below |
| 200 week MA | $90.4 | 33% below |
PFSI is in a downtrend: it's below all five of its weekly moving averages, and 33% below its 200-week average.
SOFI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $15.7 | 0.7% below |
| 20 week MA | $17.0 | 7.8% below |
| 50 week MA | $18.9 | 17% below |
| 100 week MA | $18.9 | 17% below |
| 200 week MA | $13.5 | 16% above |
SOFI has the edge over PFSI on trend strength, trading above more of its moving averages.
PFSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.9 | $65.3 | +92% |
| 2021 | $65.3 | $70.0 | +7.2% |
| 2022 | $70.0 | $56.8 | -19% |
| 2023 | $56.8 | $88.4 | +56% |
| 2024 | $88.4 | $102.1 | +16% |
| 2025 | $102.1 | $133.9 | +31% |
| 2026 YTD | $133.9 | $60.7 | -55% |
PFSI is down 55% so far in 2026, after finishing higher in five of the previous six years.
SOFI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.4 | $12.4 | +19% |
| 2021 | $12.4 | $15.1 | +22% |
| 2022 | $15.1 | $4.61 | -69% |
| 2023 | $4.61 | $9.95 | +116% |
| 2024 | $9.95 | $16.0 | +61% |
| 2025 | $16.0 | $27.1 | +69% |
| 2026 YTD | $27.1 | $15.6 | -42% |
SOFI has the edge over PFSI on returns for 2026, with the stronger performance.