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
DateValue
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