Two Harbors Investment (TWO-PC) EV to CFO (2017 - 2026)
Two Harbors Investment's (TWO-PC) EV to CFO stood at 15.57 in Q2 2026, up 140.3% from 6.48 a year earlier but down 75.4% from the prior quarter.
Two Harbors Investment (TWO-PC) EV to CFO (2017 - 2026) Analysis & Trends
On a TTM basis, Two Harbors Investment's EV to CFO came in at -0.86 as of Jun 30, 2026; for FY2025, it was 19.64, up 92.0% from FY2024.
- Annual EV to CFO has increased for three straight years.
- Across earlier years, EV to CFO came in at 10.23 in FY2024 (+122.8%), 4.59 in FY2023 (+206.5%), 1.50 in FY2022 (-91.7%) and 17.97 in FY2021 (+133.1%).
- Quarterly EV to CFO has ranged from 1.50 in Q4 2022 to 63.36 in Q1 2026 over the past five years.
- On a year-over-year basis, EV to CFO has increased for three consecutive quarters, with growth averaging 202.7% over the last seven quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 903.2% in Q1 2026, against a decline of 93.1% in Q2 2023 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - |
| 10 | Two Harbors Investment | 2.67 Bn | -63.57 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.57 |
| Mar 31, 2026 | 63.36 |
| Dec 31, 2025 | 19.64 |
| Jun 30, 2025 | 6.48 |
| Mar 31, 2025 | 6.32 |
| Dec 31, 2024 | 10.23 |
| Sep 30, 2024 | 6.13 |
| Jun 30, 2024 | 5.10 |
| Mar 31, 2024 | 5.07 |
| Dec 31, 2023 | 4.59 |
| Sep 30, 2023 | 2.93 |
| Jun 30, 2023 | 1.59 |
| Mar 31, 2023 | 1.92 |
| Dec 31, 2022 | 1.50 |
| Sep 30, 2022 | 1.83 |
| Jun 30, 2022 | 23.16 |
| Mar 31, 2022 | 17.27 |
| Dec 31, 2021 | 17.97 |
| Sep 30, 2021 | 10.88 |
| Jun 30, 2021 | 8.95 |
Two Harbors Investment EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "TWO-PC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();