WallStSmart
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.

Profit margin
-69.50%
Operating margin
27.60%
ROE
-17.70%
ROA
-2.83%
Debt/equity

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2007$1.47M$714573.00100.00%90.44%48.47%
2008$4.44M$2.06M100.00%76.15%46.35%
2009$3.20M$-8.84M89.83%-283.03%-275.99%
2010$53.40M$35.76M94.40%65.67%66.95%
2011$264.91M$127.43M94.62%49.61%48.10%
2012$538.88M$291.91M99.36%47.53%54.17%
2013$500.38M$579.04M90.24%132.12%115.72%
2014$591.62M$167.14M87.10%15.85%28.25%
2015$732.02M$492.21M88.92%65.06%67.24%
2016$498.75M$353.28M85.17%67.18%70.83%
2017$838.62M$348.57M90.85%77.36%41.56%
2018$185.73M$-44.29M100.00%278.47%-23.85%
2019$427.56M$323.96M86.66%72.60%75.77%
2020$-1.56B$-1.63B104.25%106.64%104.36%
2021$255.22M$187.23M75.00%75.00%73.36%
2022$12.61M$220.24M-646.62%4,623.57%1,747.10%
2023$-556.75M$-152.00M120.69%23.18%27.30%
2024$845.84M$298.17M104.55%112.44%35.25%
2025$605.61M$-454.30M97.90%68.66%-75.02%