Two Harbors Investment (TWO-PC) Retained Earnings (2010 - 2026)
Two Harbors Investment (TWO-PC) reported Retained Earnings of $1.29 billion for Q2 2026, down 1.7% from $1.31 billion a year earlier but up 5.1% from the prior quarter.
Two Harbors Investment (TWO-PC) Retained Earnings (2010 - 2026) Analysis & Trends
At the end of FY2025, Two Harbors Investment posted Retained Earnings of $1.19 billion, down 27.6% from FY2024.
- Retained Earnings has a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- By year, Retained Earnings came in at $1.65 billion in FY2024 (+22.1%), $1.35 billion in FY2023 (-7.1%), $1.45 billion in FY2022 (+19.8%) and $1.21 billion in FY2021 (+18.3%).
- Five-year quarterly Retained Earnings spans a low of $1.18 billion in Q3 2025 and a high of $1.78 billion in Q3 2023.
- Year over year, Retained Earnings has now declined in each of the last five quarters, with an average decline of 10.4% over the last eight quarters.
- The high point for year-over-year Retained Earnings in five years was Q3 2021 (growth of 49.1%); the low point was Q4 2025 (a decline of 27.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.23 billion (Q1 2026), $1.19 billion (Q4 2025) and $1.18 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 651.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 23.31 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 2.46 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | -16.56 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | -1.13 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.97 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 1.66 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | -13.21 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 531.00 Mn |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - | 1.29 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.29 Bn |
| Mar 31, 2026 | 1.23 Bn |
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.31 Bn |
| Mar 31, 2025 | 1.57 Bn |
| Dec 31, 2024 | 1.65 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.78 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.28 Bn |
| Dec 31, 2022 | 1.45 Bn |
| Sep 30, 2022 | 1.70 Bn |
| Jun 30, 2022 | 1.43 Bn |
| Mar 31, 2022 | 1.50 Bn |
| Dec 31, 2021 | 1.21 Bn |
| Sep 30, 2021 | 1.21 Bn |
Two Harbors Investment Retained Earnings 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=retained-earnings&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();