Two Harbors Investment (TWO-PC) Shares Outstanding (Entity) (2009 - 2026)
Two Harbors Investment's Shares Outstanding (Entity) was 105.13 million in Q2 2026, up 1.0% from 104.13 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Two Harbors Investment (TWO-PC) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at Two Harbors Investment came in at 104.81 million, up 1.1% from FY2024.
- Shares Outstanding (Entity) has now increased for three consecutive years, though with a five-year compound annual growth rate of -17.5% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 103.68 million in FY2024 (+0.5%), 103.21 million in FY2023 (+19.4%), 86.43 million in FY2022 (-74.9%) and 343.91 million in FY2021 (+25.7%).
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Entity) since Q2 2022.
- Compared with a year earlier, Shares Outstanding (Entity) has increased for 12 straight quarters, with growth averaging 1.6% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q2 2022 (growth of 25.8%); the worst was Q4 2022 (a decline of 74.9%).
- Per Business Quant data, TWO-PC's Shares Outstanding (Entity) in the three quarters before Q2 2026 was 105.04 million (Q1 2026), 104.81 million (Q4 2025) and 104.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 3.76 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 575.00 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 337.18 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 325.00 Mn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 84.67 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 750.57 Mn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 718.00 Mn |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - | 105.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.13 Mn |
| Mar 31, 2026 | 105.04 Mn |
| Dec 31, 2025 | 104.81 Mn |
| Sep 30, 2025 | 104.16 Mn |
| Jun 30, 2025 | 104.13 Mn |
| Mar 31, 2025 | 104.03 Mn |
| Dec 31, 2024 | 103.68 Mn |
| Sep 30, 2024 | 103.65 Mn |
| Jun 30, 2024 | 103.62 Mn |
| Mar 31, 2024 | 103.47 Mn |
| Dec 31, 2023 | 103.21 Mn |
| Sep 30, 2023 | 96.19 Mn |
| Jun 30, 2023 | 96.17 Mn |
| Mar 31, 2023 | 96.66 Mn |
| Dec 31, 2022 | 86.43 Mn |
| Sep 30, 2022 | 86.37 Mn |
| Jun 30, 2022 | 344.43 Mn |
| Mar 31, 2022 | 344.13 Mn |
| Dec 31, 2021 | 343.91 Mn |
| Sep 30, 2021 | 313.90 Mn |
API Access
Two Harbors Investment Shares Outstanding (Entity) 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-entity&ticker=TWO-PC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();