Two Harbors Investment (TWO-PC) FCF Payout Ratio (2010 - 2026)
Two Harbors Investment (TWO-PC) recorded quarterly FCF Payout Ratio of 0.07 in Q1 2026, up 24.82% quarter-over-quarter from 0.1 in Q4 2025, and down 107.87% on a YoY basis from 0.94 in Q1 2025.
Two Harbors Investment (TWO-PC) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Two Harbors Investment's FCF Payout Ratio history runs 17 years deep, the most recent figure standing at 0.07 for Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 107.87% year-over-year to 0.07; the TTM figure through Mar 2026 stood at 0.07 (down 425.16% YoY), while the FY2025 annual figure was 0.06, down 311.15% from the prior year.
- FCF Payout Ratio was 0.07 for Q1 2026 at Two Harbors Investment, up from 0.1 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.13 in Q4 2024 to a low of 0.29 in Q4 2023.
- Historically, FCF Payout Ratio has averaged 0.09 across 5 years, with a median of 0.07 in 2026.
- The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio sank 409.27% in 2023, then soared 143.98% in 2024.
- A 5-year view of FCF Payout Ratio shows it stood at 0.06 in 2022, then tumbled by 409.27% to 0.29 in 2023, then jumped by 143.98% to 0.13 in 2024, then tumbled by 177.08% to 0.1 in 2025, then increased by 24.82% to 0.07 in 2026.
- The last three FCF Payout Ratio figures came in at 0.07 (Q1 2026), 0.1 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -0.01 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 1.17 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 1.91 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 2.83 |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.47 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 1.47 |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 0.80 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 0.00 |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -0.07 |
| 10 | Two Harbors Investment | - | - | - | -0.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.07 |
| Dec 31, 2025 | -0.10 |
| Sep 30, 2025 | -0.03 |
| Jun 30, 2025 | -0.16 |
| Mar 31, 2025 | -0.04 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | -0.05 |
| Jun 30, 2024 | -0.07 |
| Mar 31, 2024 | -0.04 |
| Dec 31, 2023 | -0.29 |
| Sep 30, 2023 | -0.11 |
| Jun 30, 2023 | -0.19 |
| Mar 31, 2023 | -0.05 |
| Dec 31, 2022 | -0.06 |
| Sep 30, 2022 | -0.13 |
| Jun 30, 2022 | -0.09 |
| Mar 31, 2022 | -0.14 |
| Dec 31, 2021 | -0.04 |
| Sep 30, 2021 | -0.76 |
| Jun 30, 2021 | 1.22 |