Two Harbors Investment (TWO-PB) Enterprise Value (2009 - 2026)

Two Harbors Investment (TWO-PB) recorded quarterly Enterprise Value of -$547.5 million in Q1 2026, up 41.12% quarter-over-quarter from -$929.9 million in Q4 2025, and up 8.97% on a YoY basis from -$502.5 million in Q1 2025.

Two Harbors Investment (TWO-PB) Enterprise Value (2009 - 2026) Analysis & Trends

Two Harbors Investment's Enterprise Value history runs 18 years deep, the most recent figure standing at -$547.5 million for Q1 2026.

  • In Q1 2026, Enterprise Value rose 8.97% year-over-year to -$547.5 million; the TTM figure through Mar 2026 stood at -$547.5 million (up 8.97% YoY), while the FY2025 annual figure was -$929.9 million, down 80.65% from the prior year.
  • Enterprise Value was -$547.5 million for Q1 2026 at Two Harbors Investment, up from -$929.9 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$514.7 million in Q4 2024 to a low of -$929.9 million in Q4 2025.
  • Historically, Enterprise Value has averaged -$691.7 million across 5 years, with a median of -$690.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Enterprise Value surged 59.66% in 2022, then sank 80.65% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$709.9 million in 2022, then dropped by 14.81% to -$815.0 million in 2023, then surged by 36.85% to -$514.7 million in 2024, then tumbled by 80.65% to -$929.9 million in 2025, then surged by 41.12% to -$547.5 million in 2026.
  • The last three Enterprise Value figures came in at -$547.5 million (Q1 2026), -$929.9 million (Q4 2025), and -$905.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -2.26 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - -671.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 3.24 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -142.40 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -546.06 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -773.83 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -727.49 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - -278.21 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -547.51 Mn
10 Two Harbors Investment - - - -547.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -547.51 Mn
Dec 31, 2025 -929.87 Mn
Sep 30, 2025 -905.93 Mn
Jun 30, 2025 -746.47 Mn
Mar 31, 2025 -601.43 Mn
Dec 31, 2024 -514.73 Mn
Sep 30, 2024 -535.15 Mn
Jun 30, 2024 -637.70 Mn
Mar 31, 2024 -690.64 Mn
Dec 31, 2023 -815.02 Mn
Sep 30, 2023 -664.78 Mn
Jun 30, 2023 -715.58 Mn
Mar 31, 2023 -774.21 Mn
Dec 31, 2022 -709.92 Mn
Sep 30, 2022 -750.89 Mn
Jun 30, 2022 -541.19 Mn
Mar 31, 2022 -678.71 Mn
Dec 31, 2021 -1.23 Bn
Sep 30, 2021 -1.13 Bn
Jun 30, 2021 -1.34 Bn