Two Harbors Investment (TWO-PC) Total Liabilities (2010 - 2026)
Two Harbors Investment (TWO-PC) reported Total Liabilities of $7.09 billion for Q2 2026, down 36.0% from $11.07 billion a year earlier and down 19.5% from the prior quarter.
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Analysis
Two Harbors Investment (TWO-PC) Total Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Two Harbors Investment posted Total Liabilities of $9.07 billion, down 10.0% from FY2024.
- Total Liabilities has declined for three consecutive years, with a five-year compound annual growth rate of -11.2% (FY2020 to FY2025).
- By year, Total Liabilities came in at $10.08 billion in FY2024 (-7.8%), $10.94 billion in FY2023 (-3.1%), $11.28 billion in FY2022 (+20.4%) and $9.37 billion in FY2021 (-43.0%).
- The Q2 2026 figure ranks as the lowest quarterly Total Liabilities since Q4 2011.
- Year over year, Total Liabilities has now declined in each of the last four quarters, with an average decline of 11.5% over the last eight quarters.
- The high point for year-over-year Total Liabilities in five years was Q3 2022 (growth of 43.4%); the low point was Q3 2021 (a decline of 50.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.8 billion (Q1 2026), $9.07 billion (Q4 2025) and $9.09 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 37.43 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 84.49 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 10.03 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 4,215.85 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 10.31 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 105.03 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 1.82 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 126.76 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 16.61 Bn |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - | 7.09 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.09 Bn |
| Mar 31, 2026 | 8.80 Bn |
| Dec 31, 2025 | 9.07 Bn |
| Sep 30, 2025 | 9.09 Bn |
| Jun 30, 2025 | 11.07 Bn |
| Mar 31, 2025 | 11.54 Bn |
| Dec 31, 2024 | 10.08 Bn |
| Sep 30, 2024 | 10.72 Bn |
| Jun 30, 2024 | 10.65 Bn |
| Mar 31, 2024 | 10.92 Bn |
| Dec 31, 2023 | 10.94 Bn |
| Sep 30, 2023 | 11.80 Bn |
| Jun 30, 2023 | 11.79 Bn |
| Mar 31, 2023 | 11.69 Bn |
| Dec 31, 2022 | 11.28 Bn |
| Sep 30, 2022 | 12.55 Bn |
| Jun 30, 2022 | 11.25 Bn |
| Mar 31, 2022 | 9.64 Bn |
| Dec 31, 2021 | 9.37 Bn |
| Sep 30, 2021 | 8.75 Bn |
API Access
Two Harbors Investment Total Liabilities 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=total-liabilities&ticker=TWO-PC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();