Two Harbors Investment (TWO) EBT (2009 - 2026)
Two Harbors Investment's (TWO) quarterly EBT came in at $36.4 million in Q1 2026, up 146.24% year-on-year from $14.8 million in Q1 2025, and up 110.21% quarter-over-quarter from $17.3 million in Q4 2025.
Two Harbors Investment (TWO) EBT (2009 - 2026) Analysis & Trends
Two Harbors Investment's EBT history runs 18 years deep, the most recent figure standing at $36.4 million for Q1 2026.
- On a quarterly basis, EBT rose 146.24% year-over-year to $36.4 million in Q1 2026; TTM through Mar 2026 was -$330.5 million, a 753.44% decrease from a year earlier, with the FY2025 full-year figure at -$445.4 million, down 229.2% from the prior year.
- EBT advanced to $36.4 million in Q1 2026 per TWO's latest filing, from $17.3 million in the prior quarter.
- Across five years, EBT topped out at $342.6 million in Q3 2023 and bottomed at -$462.5 million in Q4 2023.
- The 5-year median for EBT is $17.3 million (2025), against an average of $10.4 million.
- Across the five-year window, EBT slumped 32413.95% in 2022 and soared 567.07% in 2023, its largest moves.
- Year by year, EBT stood at -$261.7 million in 2022, then tumbled by 76.68% to -$462.5 million in 2023, then jumped by 166.51% to $307.6 million in 2024, then tumbled by 94.38% to $17.3 million in 2025, then jumped by 110.21% to $36.4 million in 2026.
- Per Business Quant, the three latest TWO EBT figures stand at $36.4 million (Q1 2026), $17.3 million (Q4 2025), and -$126.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 289.00 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 53.48 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 154.24 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -5.18 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 90.90 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 | - | 36.35 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | 3.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.35 Mn |
| Dec 31, 2025 | 17.29 Mn |
| Sep 30, 2025 | -126.72 Mn |
| Jun 30, 2025 | -257.38 Mn |
| Mar 31, 2025 | -78.62 Mn |
| Dec 31, 2024 | 307.60 Mn |
| Sep 30, 2024 | -248.94 Mn |
| Jun 30, 2024 | 70.54 Mn |
| Mar 31, 2024 | 215.56 Mn |
| Dec 31, 2023 | -462.46 Mn |
| Sep 30, 2023 | 342.56 Mn |
| Jun 30, 2023 | 217.23 Mn |
| Mar 31, 2023 | -180.72 Mn |
| Dec 31, 2022 | -261.74 Mn |
| Sep 30, 2022 | 298.64 Mn |
| Jun 30, 2022 | -46.51 Mn |
| Mar 31, 2022 | 334.07 Mn |
| Dec 31, 2021 | 810,000.00 |
| Sep 30, 2021 | 66.65 Mn |
| Jun 30, 2021 | -138.87 Mn |