Two Harbors Investment (TWO-PC) EV to FCF (2017 - 2026)
Two Harbors Investment's EV to FCF came in at 15.57 for Q2 2026, up 140.3% from 6.48 a year earlier but down 75.4% from the prior quarter.
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Analysis
Two Harbors Investment (TWO-PC) EV to FCF (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Two Harbors Investment reported EV to FCF of -0.86; for FY2025, it was 19.64, up 92.0% from FY2024.
- EV to FCF has increased in each of the last three years.
- Going back by year, EV to FCF was 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%).
- The five-year range for quarterly EV to FCF is 1.50 (Q4 2022) to 63.36 (Q1 2026).
- Year-over-year, EV to FCF has increased for three consecutive quarters, with growth averaging 202.7% over the last seven quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q1 2026 (growth of 903.2%), and the weakest in Q2 2023 (a decline of 93.1%).
Peer Set
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
Download Data
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 |
API Access
Two Harbors Investment EV to FCF 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-fcf&ticker=TWO-PC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();