Two Harbors Investment (TWO-PA) Capital Expenditures (2012 - 2026)
Two Harbors Investment (TWO-PA) recorded quarterly Capital Expenditures of $545.5 million in Q1 2026, up 13.47% quarter-over-quarter from $480.8 million in Q4 2025, and down 61.98% on a YoY basis from $1.4 billion in Q1 2025.
Two Harbors Investment (TWO-PA) Capital Expenditures (2012 - 2026) Analysis & Trends
Two Harbors Investment's Capital Expenditures history runs 10 years deep, the most recent figure standing at $545.5 million for Q1 2026.
- In Q1 2026, Capital Expenditures fell 61.98% year-over-year to $545.5 million; the TTM figure through Mar 2026 stood at $2.2 billion (down 44.41% YoY), while the FY2025 annual figure was $3.1 billion, down 14.66% from the prior year.
- Capital Expenditures was $545.5 million for Q1 2026 at Two Harbors Investment, up from $480.8 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $1.4 billion in Q1 2025 to a low of $340.4 million in Q2 2023.
- Historically, Capital Expenditures has averaged $767.0 million across 5 years, with a median of $754.1 million in 2022.
- The sharpest annual moves came in 2022 and 2026: Capital Expenditures soared 329.76% in 2022, then plunged 61.98% in 2026.
- A 5-year view of Capital Expenditures shows it stood at $1.3 billion in 2022, then plunged by 47.82% to $664.8 million in 2023, then climbed by 7.09% to $711.9 million in 2024, then slumped by 32.47% to $480.8 million in 2025, then grew by 13.47% to $545.5 million in 2026.
- The last three Capital Expenditures figures came in at $545.5 million (Q1 2026), $480.8 million (Q4 2025), and $842.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 54.31 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 39.73 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 17.00 Bn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 545.54 Mn |
| 10 | Two Harbors Investment | - | - | - | 545.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 545.54 Mn |
| Mar 31, 2026 | 545.54 Mn |
| Dec 31, 2025 | 480.76 Mn |
| Dec 31, 2025 | 480.76 Mn |
| Sep 30, 2025 | 842.20 Mn |
| Sep 30, 2025 | 842.20 Mn |
| Jun 30, 2025 | 356.74 Mn |
| Jun 30, 2025 | 356.74 Mn |
| Mar 31, 2025 | 1.43 Bn |
| Mar 31, 2025 | 1.43 Bn |
| Dec 31, 2024 | 711.93 Mn |
| Dec 31, 2024 | 711.93 Mn |
| Sep 30, 2024 | 1.07 Bn |
| Sep 30, 2024 | 1.07 Bn |
| Jun 30, 2024 | 788.32 Mn |
| Jun 30, 2024 | 788.32 Mn |
| Mar 31, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 664.79 Mn |
| Dec 31, 2023 | 664.79 Mn |