TWO
Two Harbors Investments Corp
NYSE: TWO · REAL ESTATE · REIT - MORTGAGE
$12.55
+1.37% today
Updated 2026-05-08
Market cap
$1.30B
P/E ratio
—
P/S ratio
2.63x
EPS (TTM)
$-3.81
Dividend yield
11.50%
52W range
$9 – $14
Volume
3.6M
Two Harbors Investments Corp (TWO) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.39M | $1.76M | $-16.24M | $33.11M | $151.64M | $163.13M | $-454.67M | $-764.15M | $-1.94B | $239.68M | $606.78M | $702.87M | $1.06B | $631.60M | $423.51M | $623.40M | $343.51M | $201.00M | $88.92M |
| Capital expenditures | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $293.75M | $499.02M | $65.70M | $123.67M | $317.71M | $484.26M | $976.39M | $613.66M | $622.41M | $742.15M | $629.81M | $312.64M | $114.12M | $103.99M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | — | — | $22000.00 | $214000.00 | $279000.00 | $488000.00 | $511000.00 | $15.08M | $9.00M | $15.20M | $11.33M | $12.99M | $9.16M | $9.73M | $11.48M | $11.63M | $10.98M | $10.95M | $13.35M |
| Free cash flow | $1.39M | $1.76M | $-16.24M | $33.11M | $151.64M | $-130.61M | $-953.70M | $-829.85M | $-2.06B | $-78.03M | $122.52M | $-273.52M | $442.97M | $9.20M | $-318.64M | $-6.41M | $30.87M | $86.88M | $-15.07M |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | $86.12M | $27.12M | $119.80M | $335.31M | $591.45M | $285.55M | $381.59M | $331.87M | $436.06M | $329.02M | $538.95M | $275.29M | $257.15M | $290.36M | $246.60M | $235.05M | $222.39M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | $461.09M | $204.38M | $-19.70M | $-267.96M | $-330.95M | $239.80M | — | $519.06M | $1.03B | $-557.76M | — | — | — | — |