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
DateValue
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