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TWO HARBORS INVESTMENT CORP.

Data quality: 83%
Also listed as TWO-PB NYSE TWO-PA NYSE TWOD NYSE
TWO-PC
NYSE Financial Services Holding & Investment Offices
$25.16
▲ $0.15 (0.60%)
Mkt Cap: 3.79 B
Price
$25.16
Mkt Cap
3.79 B
Day Range
$25.01 — $25.31
52-Week Range
$22.25 — $25.31
Volume
60,529
Open $25.00
50D / 200D Avg
$24.68
1.97% above
50D / 200D Avg
$24.26
3.69% above

Quick Summary

Key Takeaways

Earnings declined -252.36% over the past year
Debt/Equity of 4.76 — high leverage
Generating 88.92 M in free cash flow

Growth

Revenue Growth (5Y)
N/A
Revenue (1Y)N/A
Earnings (1Y)-252.36%
FCF Growth (3Y)-49.12%

Quality

Return on Equity
-24.84%
Below sector avg (9.24%)
ROICN/A
Net MarginN/A
Op. MarginN/A

Safety

Debt / Equity
4.76
Above sector avg (0.49)
Current RatioN/A
Interest CoverageN/A

Valuation

PE (TTM)
-8.34
Below sector avg (11.15)
P/B Ratio2.14
EV/EBITDAN/A
Dividend YieldN/A

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (2150 peers)
Metric Stock Sector Median
P/E -8.3 11.2
P/B 2.1 1.2
ROE % -24.8 9.2
Net Margin % 9.4
Rev Growth 5Y % 5.8
D/E 4.8 0.5

All Fundamental Metrics

Growth
Revenue Growth (1Y) N/A Revenue Growth (3Y) N/A
Earnings Growth (1Y) -252.36% Earnings Growth (3Y) N/A
Revenue Growth (5Y) N/A Earnings Growth (5Y) N/A
Profitability
Revenue (TTM) N/A Net Income (TTM) -454.30 M
ROE -24.84% ROA -3.81%
Gross Margin N/A Operating Margin N/A
Net Margin N/A Free Cash Flow (TTM) 88.92 M
ROIC N/A FCF Growth (3Y) -49.12%
Safety
Debt / Equity 4.76 Current Ratio N/A
Interest Coverage N/A Asset Turnover N/A
Working Capital N/A Tangible Book Value 1.77 B
Dividends
Dividend Yield N/A Payout Ratio N/A
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years N/A
Valuation
P/E Ratio -8.34 Forward P/E N/A
P/B Ratio 2.14 P/S Ratio N/A
PEG Ratio N/A Forward PEG N/A
EV/EBITDA N/A Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 2.35%
Market Cap 3.79 B Enterprise Value 11.45 B
Per Share
EPS (Diluted TTM) -4.88 Revenue / Share N/A
FCF / Share 0.59 OCF / Share 0.59
EPS CAGR (1Y) -305.91% EPS CAGR (5Y) N/A
EPS CAGR (10Y) N/A
Efficiency
CapEx / Revenue N/A FCF Conversion -19.57%
SBC-Adj. FCF 77.31 M Growth Momentum N/A

Income Statement

Annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue
Net Income -454.30 M 298.17 M -106.37 M 220.24 M 187.23 M
EPS (Diluted) -4.88 2.37 -1.60 2.13 0.43
Gross Profit
Operating Income
EBITDA
R&D Expenses
SG&A Expenses
D&A
Interest Expense -78.95 M 607.81 M 643.23 M 258.40 M 89.17 M
Income Tax 8.87 M 46.59 M 22.98 M 104.21 M 4.19 M

Balance Sheet

Annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 10.86 B 12.20 B 13.14 B 13.47 B 12.11 B
Total Liabilities 9.07 B 10.08 B 10.94 B 11.28 B 9.37 B
Shareholders' Equity 1.79 B 2.12 B 2.20 B 2.18 B 2.74 B
Total Debt 8.56 B
Cash & Equivalents 842.32 M 504.61 M 729.73 M 683.48 M 1.15 B
Current Assets
Current Liabilities