Two Harbors Investment (TWO) Convertible Debt (2017 - 2025)
Two Harbors Investment (TWO) posted quarterly Convertible Debt of $261.8 million for Q4 2025, up 0.61% year-over-year from $260.2 million in Q4 2024, and little changed quarter-over-quarter from $261.4 million in Q3 2025.
Two Harbors Investment (TWO) Convertible Debt (2017 - 2025) Analysis & Trends
Two Harbors Investment's Convertible Debt history runs 9 years deep, the most recent figure standing at $261.8 million for Q4 2025.
- In Q4 2025, Convertible Debt rose 0.61% year-over-year to $261.8 million; the TTM figure through Dec 2025 stood at $261.8 million (up 0.61% YoY), while the FY2025 annual figure was $261.8 million, up 0.61% from the prior year.
- Convertible Debt for Q4 2025 stood at $261.8 million, roughly flat from $261.4 million in the prior quarter.
- The five-year high for Convertible Debt was $424.8 million in Q4 2021, with the low at $259.4 million in Q2 2024.
- The 5-year median for Convertible Debt is $268.8 million (2023), against an average of $300.2 million.
- The sharpest annual moves came in 2021 and 2022: Convertible Debt surged 48.44% in 2021, then sank 33.53% in 2022.
- Two Harbors Investment's Convertible Debt stood at $424.8 million in 2021, then plunged by 33.5% to $282.5 million in 2022, then retreated by 4.92% to $268.6 million in 2023, then dropped by 3.12% to $260.2 million in 2024, then advanced by 0.61% to $261.8 million in 2025.
- Business Quant data shows TWO's Convertible Debt at $261.8 million in Q4 2025, $261.4 million in Q3 2025, and $260.9 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 261.81 Mn |
| Sep 30, 2025 | 261.40 Mn |
| Jun 30, 2025 | 260.94 Mn |
| Mar 31, 2025 | 260.60 Mn |
| Dec 31, 2024 | 260.23 Mn |
| Sep 30, 2024 | 259.82 Mn |
| Jun 30, 2024 | 259.41 Mn |
| Mar 31, 2024 | 269.00 Mn |
| Dec 31, 2023 | 268.60 Mn |
| Sep 30, 2023 | 268.20 Mn |
| Jun 30, 2023 | 267.80 Mn |
| Mar 31, 2023 | 282.84 Mn |
| Dec 31, 2022 | 282.50 Mn |
| Sep 30, 2022 | 282.10 Mn |
| Jun 30, 2022 | 281.71 Mn |
| Mar 31, 2022 | 281.40 Mn |
| Dec 31, 2021 | 424.83 Mn |
| Sep 30, 2021 | 424.30 Mn |
| Jun 30, 2021 | 423.74 Mn |
| Mar 31, 2021 | 423.34 Mn |