Two Harbors Investment (TWO-PC) Market Capitalization (2017 - 2026)
Two Harbors Investment's Market Capitalization came in at $2.62 billion for Q2 2026, up 7.0% from $2.45 billion a year earlier and up 0.7% from the prior quarter.
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Analysis
Two Harbors Investment (TWO-PC) Market Capitalization (2017 - 2026) Analysis & Trends
For FY2025, Two Harbors Investment's Market Capitalization was $2.59 billion, up 1.1% from FY2024.
- Market Capitalization has increased in each of the last three years, though with a five-year compound annual growth rate of -16.2% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $2.56 billion in FY2024 (+11.0%), $2.31 billion in FY2023 (+42.6%), $1.62 billion in FY2022 (-81.6%) and $8.77 billion in FY2021 (+40.2%).
- The Q2 2026 figure represents the highest quarterly Market Capitalization since Q2 2022.
- Year-over-year, Market Capitalization increased in five of the last eight quarters, with growth averaging 6.5%.
- The fastest year-over-year change in Market Capitalization over five years came in Q3 2021 (growth of 49.1%), and the weakest in Q4 2022 (a decline of 81.6%).
- Business Quant data shows TWO-PC's Market Capitalization at $2.6 billion (Q1 2026), $2.59 billion (Q4 2025) and $2.51 billion (Q3 2025) in the three quarters before Q2 2026.
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 | 2.62 Bn |
| Mar 31, 2026 | 2.60 Bn |
| Dec 31, 2025 | 2.59 Bn |
| Sep 30, 2025 | 2.51 Bn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | 2.60 Bn |
| Dec 31, 2024 | 2.56 Bn |
| Sep 30, 2024 | 2.55 Bn |
| Jun 30, 2024 | 2.50 Bn |
| Mar 31, 2024 | 2.36 Bn |
| Dec 31, 2023 | 2.31 Bn |
| Sep 30, 2023 | 2.02 Bn |
| Jun 30, 2023 | 1.84 Bn |
| Mar 31, 2023 | 2.01 Bn |
| Dec 31, 2022 | 1.62 Bn |
| Sep 30, 2022 | 1.52 Bn |
| Jun 30, 2022 | 7.26 Bn |
| Mar 31, 2022 | 8.14 Bn |
| Dec 31, 2021 | 8.77 Bn |
| Sep 30, 2021 | 7.96 Bn |
API Access
Two Harbors Investment Market Capitalization 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=market-capitalization&ticker=TWO-PC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();