Two Harbors Investment (TWO-PC) Times Interest Earned (2009 - 2026)
Two Harbors Investment's Times Interest Earned was 1.76 in Q2 2026, compared with -0.88 a year earlier and up 27.5% from the prior quarter.
Two Harbors Investment (TWO-PC) Times Interest Earned (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Two Harbors Investment's Times Interest Earned was 0.99 through Jun 30, 2026, up 95.1% year-over-year; for FY2025, it came in at 0.09, down 94.1% from FY2024.
- In earlier years, Times Interest Earned was 1.57 in FY2024 (+80.1%), 0.87 in FY2023 (-61.4%), 2.26 in FY2022 (-28.3%) and 3.15 in FY2021.
- The Q2 2026 figure marks the highest quarterly Times Interest Earned since Q4 2024.
- The best year-over-year quarter for Times Interest Earned over five years was Q1 2026 (growth of 242.9%); the worst was Q4 2021 (a decline of 90.1%).
- Per Business Quant data, TWO-PC's Times Interest Earned in the three quarters before Q2 2026 was 1.38 (Q1 2026), 1.16 (Q4 2025) and -0.08 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 1.75 |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.22 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.63 |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - | 1.76 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.76 |
| Mar 31, 2026 | 1.38 |
| Dec 31, 2025 | 1.16 |
| Sep 30, 2025 | -0.08 |
| Jun 30, 2025 | -0.88 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 3.22 |
| Sep 30, 2024 | -0.61 |
| Jun 30, 2024 | 1.46 |
| Mar 31, 2024 | 2.35 |
| Dec 31, 2023 | -1.75 |
| Sep 30, 2023 | 2.98 |
| Jun 30, 2023 | 2.36 |
| Mar 31, 2023 | -0.27 |
| Dec 31, 2022 | -1.26 |
| Sep 30, 2022 | 4.58 |
| Jun 30, 2022 | -0.25 |
| Mar 31, 2022 | 15.97 |
| Dec 31, 2021 | 1.04 |
| Sep 30, 2021 | 4.05 |
Two Harbors Investment Times Interest Earned 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=times-interest-earned&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();