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| Date | Value |
|---|---|
| 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 |