Two Harbors Investment (TWO-PC) Wages, Salaries and Other (2020 - 2026)
Two Harbors Investment (TWO-PC) reported Wages, Salaries and Other of $23.31 million for Q2 2026, up 8.6% from $21.47 million a year earlier but down 12.7% from the prior quarter.
Two Harbors Investment (TWO-PC) Wages, Salaries and Other (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Two Harbors Investment's Wages, Salaries and Other came in at $97.28 million, up 8.0% year-over-year; for FY2025, it was $95.33 million, up 6.2% from FY2024.
- Wages, Salaries and Other has increased for four consecutive years, with a five-year compound annual growth rate of 20.4% (FY2020 to FY2025).
- By year, Wages, Salaries and Other came in at $89.75 million in FY2024 (+69.8%), $52.87 million in FY2023 (+29.8%), $40.72 million in FY2022 (+16.2%) and $35.04 million in FY2021 (-7.1%).
- Five-year quarterly Wages, Salaries and Other spans a low of $6.4 million in Q4 2021 and a high of $26.7 million in Q1 2026.
- Year over year, Wages, Salaries and Other has now increased in each of the last 11 quarters, with growth averaging 21.4% over the last eight quarters.
- The high point for year-over-year Wages, Salaries and Other in five years was Q4 2023 (growth of 187.4%); the low point was Q4 2021 (a decline of 43.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $26.7 million (Q1 2026), $25.96 million (Q4 2025) and $21.31 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 1.05 Bn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 463.00 Mn |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 516.00 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 44.64 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - | 23.31 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.31 Mn |
| Mar 31, 2026 | 26.70 Mn |
| Dec 31, 2025 | 25.96 Mn |
| Sep 30, 2025 | 21.31 Mn |
| Jun 30, 2025 | 21.47 Mn |
| Mar 31, 2025 | 26.59 Mn |
| Dec 31, 2024 | 21.80 Mn |
| Sep 30, 2024 | 20.18 Mn |
| Jun 30, 2024 | 21.24 Mn |
| Mar 31, 2024 | 26.53 Mn |
| Dec 31, 2023 | 21.30 Mn |
| Sep 30, 2023 | 8.62 Mn |
| Jun 30, 2023 | 8.87 Mn |
| Mar 31, 2023 | 14.08 Mn |
| Dec 31, 2022 | 7.41 Mn |
| Sep 30, 2022 | 10.10 Mn |
| Jun 30, 2022 | 11.02 Mn |
| Mar 31, 2022 | 12.19 Mn |
| Dec 31, 2021 | 6.40 Mn |
| Sep 30, 2021 | 9.20 Mn |
Two Harbors Investment Wages, Salaries and Other 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=wages-salaries-and-other&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();