Two Harbors Investment (TWO-PB) Tax Rate (2010 - 2026)
Two Harbors Investment (TWO-PB) recorded quarterly Tax Rate of 11.28% in Q1 2026, down 65.02% quarter-over-quarter from 32.24% in Q4 2025, and up 1183.0% on a YoY basis from 0.88% in Q1 2025.
Two Harbors Investment (TWO-PB) Tax Rate (2010 - 2026) Analysis & Trends
Two Harbors Investment's Tax Rate history runs 17 years deep, the most recent figure standing at 11.28% for Q1 2026.
- In Q1 2026, Tax Rate rose 1183.0% year-over-year to 11.28%; the TTM figure through Mar 2026 stood at 3.81% (down 7302.0% YoY), while the FY2025 annual figure was 1.99%, down 1550.0% from the prior year.
- Tax Rate was 11.28% for Q1 2026 at Two Harbors Investment, down from 32.24% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 32.24% in Q4 2025 to a low of 55.69% in Q2 2022.
- Historically, Tax Rate has averaged 4.25% across 5 years, with a median of 6.32% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 26399 bps in 2022, then surged 6480 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 3.25% in 2022, then jumped by 294 bps to 6.32% in 2023, then soared by 59 bps to 10.04% in 2024, then jumped by 221 bps to 32.24% in 2025, then tumbled by 65 bps to 11.28% in 2026.
- The last three Tax Rate figures came in at 11.28% (Q1 2026), 32.24% (Q4 2025), and 0.95% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.03 Bn | 13.77 Bn | - | -0.53 |
| 2 | AGNC Investment | 11.65 Bn | 10.98 Bn | - | - |
| 3 | Starwood Property Trust | 6.12 Bn | 6.12 Bn | - | -7.38 |
| 4 | Rithm Capital | 5.12 Bn | 4.81 Bn | - | 29.02 |
| 5 | Blackstone Mortgage Trust | 3.06 Bn | 2.51 Bn | - | -22.35 |
| 6 | Dynex Capital | 2.62 Bn | 1.84 Bn | - | - |
| 7 | Armour Residential REIT | 2.01 Bn | 1.28 Bn | - | - |
| 8 | Ellington Financial | 1.65 Bn | 1.37 Bn | - | 1.06 |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 11.28 |
| 10 | Two Harbors Investment | - | - | - | 11.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.28% |
| Mar 31, 2026 | 11.28% |
| Dec 31, 2025 | 32.24% |
| Dec 31, 2025 | 32.24% |
| Sep 30, 2025 | -0.95% |
| Sep 30, 2025 | -0.95% |
| Jun 30, 2025 | -0.66% |
| Jun 30, 2025 | -0.66% |
| Mar 31, 2025 | -0.55% |
| Mar 31, 2025 | -0.55% |
| Dec 31, 2024 | 10.04% |
| Dec 31, 2024 | 10.04% |
| Sep 30, 2024 | 4.22% |
| Sep 30, 2024 | 4.22% |
| Jun 30, 2024 | 20.13% |
| Jun 30, 2024 | 20.13% |
| Mar 31, 2024 | 5.55% |
| Mar 31, 2024 | 5.55% |
| Dec 31, 2023 | 6.32% |
| Dec 31, 2023 | 6.32% |