Two Harbors Investment (TWO-PC) Shares Outstanding (Diluted) (2010 - 2026)
Two Harbors Investment (TWO-PC) posted Shares Outstanding (Diluted) of 105.43 million for Q2 2026, up 1.3% from 104.08 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Two Harbors Investment (TWO-PC) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Two Harbors Investment's Shares Outstanding (Diluted) came in at 104.11 million, down 7.9% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of -17.6% (FY2020 to FY2025).
- In prior years, Two Harbors Investment's Shares Outstanding (Diluted) was 113.09 million in FY2024 (+18.2%), 95.67 million in FY2023 (-0.4%), 96.08 million in FY2022 (-67.8%) and 298.04 million in FY2021 (+8.9%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) since Q4 2024.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in five of the last eight quarters, with growth averaging 0.5%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q2 2022, with growth of 25.8%; the weakest was Q1 2023, with a decline of 75.9%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 105.32 million (Q1 2026), 104.11 million (Q4 2025) and 104.14 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 556.90 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.89 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 348.85 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 334.10 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 85.05 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 740.26 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - | 105.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.43 Mn |
| Mar 31, 2026 | 105.32 Mn |
| Dec 31, 2025 | 104.11 Mn |
| Sep 30, 2025 | 104.14 Mn |
| Jun 30, 2025 | 104.08 Mn |
| Mar 31, 2025 | 103.98 Mn |
| Dec 31, 2024 | 113.09 Mn |
| Sep 30, 2024 | 103.64 Mn |
| Jun 30, 2024 | 103.91 Mn |
| Mar 31, 2024 | 112.97 Mn |
| Dec 31, 2023 | 95.67 Mn |
| Sep 30, 2023 | 105.63 Mn |
| Jun 30, 2023 | 106.06 Mn |
| Mar 31, 2023 | 92.58 Mn |
| Dec 31, 2022 | 96.08 Mn |
| Sep 30, 2022 | 96.13 Mn |
| Jun 30, 2022 | 344.28 Mn |
| Mar 31, 2022 | 384.82 Mn |
| Dec 31, 2021 | 298.04 Mn |
| Sep 30, 2021 | 346.73 Mn |
API Access
Two Harbors Investment Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=TWO-PC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();