Two Harbors Investment (TWO) EBIT (2009 - 2026)

Two Harbors Investment's (TWO) quarterly EBIT came in at $167.5 million in Q1 2026, up 215.53% year-on-year from $53.1 million in Q1 2025, and up 91.58% quarter-over-quarter from $87.4 million in Q4 2025.

Two Harbors Investment (TWO) EBIT (2009 - 2026) Analysis & Trends

Two Harbors Investment's EBIT history runs 18 years deep, the most recent figure standing at $167.5 million for Q1 2026.

  • On a quarterly basis, EBIT rose 215.53% year-over-year to $167.5 million in Q1 2026; TTM through Mar 2026 was $124.7 million, a 78.96% decrease from a year earlier, with the FY2025 full-year figure at $45.5 million, down 95.28% from the prior year.
  • EBIT climbed to $167.5 million in Q1 2026 per TWO's latest filing, from $87.4 million in the prior quarter.
  • Across five years, EBIT topped out at $515.7 million in Q3 2023 and bottomed at -$274.9 million in Q4 2023.
  • The 5-year median for EBIT is $87.4 million (2025), against an average of $136.7 million.
  • Across the five-year window, EBIT tumbled 796.85% in 2022 and surged 4105.38% in 2023, its largest moves.
  • Year by year, EBIT stood at -$146.1 million in 2022, then tumbled by 88.15% to -$274.9 million in 2023, then surged by 248.69% to $408.8 million in 2024, then slumped by 78.61% to $87.4 million in 2025, then surged by 91.58% to $167.5 million in 2026.
  • Per Business Quant, the three latest TWO EBIT figures stand at $167.5 million (Q1 2026), $87.4 million (Q4 2025), and -$9.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.56 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 382.38 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 598.90 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 215.55 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 188.28 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 167.51 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - 54.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 167.51 Mn
Dec 31, 2025 87.44 Mn
Sep 30, 2025 -9.60 Mn
Jun 30, 2025 -120.68 Mn
Mar 31, 2025 53.09 Mn
Dec 31, 2024 408.75 Mn
Sep 30, 2024 -94.01 Mn
Jun 30, 2024 224.74 Mn
Mar 31, 2024 430.90 Mn
Dec 31, 2023 -274.91 Mn
Sep 30, 2023 515.65 Mn
Jun 30, 2023 376.79 Mn
Mar 31, 2023 -27.44 Mn
Dec 31, 2022 -146.12 Mn
Sep 30, 2022 381.99 Mn
Jun 30, 2022 -9.41 Mn
Mar 31, 2022 359.82 Mn
Dec 31, 2021 20.97 Mn
Sep 30, 2021 88.53 Mn
Jun 30, 2021 -114.47 Mn