Two Harbors Investment (TWO-PA) Convertible Debt (2017 - 2025)

Two Harbors Investment (TWO-PA) recorded quarterly Convertible Debt of $261.8 million in Q4 2025, little changed quarter-over-quarter from $261.4 million in Q3 2025, and up 0.62% on a YoY basis from $260.2 million in Q4 2024.

Two Harbors Investment (TWO-PA) Convertible Debt (2017 - 2025) Analysis & Trends

Two Harbors Investment's Convertible Debt history runs 9 years deep, the most recent figure standing at $261.8 million for Q4 2025.

  • In Q4 2025, Convertible Debt rose 0.62% year-over-year to $261.8 million; the TTM figure through Dec 2025 stood at $261.8 million (up 0.62% YoY), while the FY2025 annual figure was $261.8 million, up 0.62% from the prior year.
  • Convertible Debt was $261.8 million for Q4 2025 at Two Harbors Investment, roughly flat from $261.4 million in the prior quarter.
  • In the past five years, Convertible Debt ranged from a high of $424.8 million in Q4 2021 to a low of $259.4 million in Q2 2024.
  • Historically, Convertible Debt has averaged $300.2 million across 5 years, with a median of $268.8 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Convertible Debt soared 48.45% in 2021, then sank 33.53% in 2022.
  • A 5-year view of Convertible Debt shows it stood at $424.8 million in 2021, then slumped by 33.5% to $282.5 million in 2022, then slipped by 4.93% to $268.6 million in 2023, then retreated by 3.12% to $260.2 million in 2024, then climbed by 0.62% to $261.8 million in 2025.
  • The last three Convertible Debt figures came in at $261.8 million (Q4 2025), $261.4 million (Q3 2025), and $260.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 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 -
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 -
9 Two Harbors Investment 1.29 Bn 746.67 Mn -
10 Two Harbors Investment - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 261.81 Mn
Sep 30, 2025 261.40 Mn
Jun 30, 2025 260.90 Mn
Mar 31, 2025 260.60 Mn
Dec 31, 2024 260.20 Mn
Sep 30, 2024 259.80 Mn
Jun 30, 2024 259.41 Mn
Mar 31, 2024 268.95 Mn
Dec 31, 2023 268.58 Mn
Sep 30, 2023 268.20 Mn
Jun 30, 2023 267.80 Mn
Mar 31, 2023 282.84 Mn
Dec 31, 2022 282.50 Mn
Sep 30, 2022 282.10 Mn
Jun 30, 2022 281.71 Mn
Mar 31, 2022 281.40 Mn
Dec 31, 2021 424.83 Mn
Sep 30, 2021 424.27 Mn
Jun 30, 2021 423.70 Mn
Mar 31, 2021 423.34 Mn