Two Harbors Investment (TWO) Enterprise Value (2009 - 2026)
Two Harbors Investment (TWO) recorded quarterly Enterprise Value of -$547.5 million in Q1 2026, up 41.12% quarter-over-quarter from -$929.9 million in Q4 2025, and up 8.97% on a YoY basis from -$502.5 million in Q1 2025.
Two Harbors Investment (TWO) Enterprise Value (2009 - 2026) Analysis & Trends
Two Harbors Investment's Enterprise Value history runs 18 years deep, the most recent figure standing at -$547.5 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 8.97% year-over-year to -$547.5 million; the TTM figure through Mar 2026 stood at -$547.5 million (up 8.97% YoY), while the FY2025 annual figure was -$929.9 million, down 80.65% from the prior year.
- Enterprise Value was -$547.5 million for Q1 2026 at Two Harbors Investment, up from -$929.9 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$514.7 million in Q4 2024 to a low of -$929.9 million in Q4 2025.
- Historically, Enterprise Value has averaged -$691.7 million across 5 years, with a median of -$690.6 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Enterprise Value surged 59.66% in 2022, then sank 80.65% in 2025.
- A 5-year view of Enterprise Value shows it stood at -$709.9 million in 2022, then dropped by 14.81% to -$815.0 million in 2023, then surged by 36.85% to -$514.7 million in 2024, then tumbled by 80.65% to -$929.9 million in 2025, then surged by 41.12% to -$547.5 million in 2026.
- The last three Enterprise Value figures came in at -$547.5 million (Q1 2026), -$929.9 million (Q4 2025), and -$905.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -2.26 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -671.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 3.24 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | -142.40 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -546.06 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -773.83 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -727.49 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -278.21 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -547.51 Mn |
| 10 | Ladder Capital | 1.28 Bn | 1.25 Bn | - | -33.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -547.51 Mn |
| Dec 31, 2025 | -929.87 Mn |
| Sep 30, 2025 | -905.93 Mn |
| Jun 30, 2025 | -746.47 Mn |
| Mar 31, 2025 | -601.43 Mn |
| Dec 31, 2024 | -514.73 Mn |
| Sep 30, 2024 | -535.15 Mn |
| Jun 30, 2024 | -637.70 Mn |
| Mar 31, 2024 | -690.64 Mn |
| Dec 31, 2023 | -815.02 Mn |
| Sep 30, 2023 | -664.78 Mn |
| Jun 30, 2023 | -715.58 Mn |
| Mar 31, 2023 | -774.21 Mn |
| Dec 31, 2022 | -709.92 Mn |
| Sep 30, 2022 | -750.89 Mn |
| Jun 30, 2022 | -541.19 Mn |
| Mar 31, 2022 | -678.71 Mn |
| Dec 31, 2021 | -1.23 Bn |
| Sep 30, 2021 | -1.13 Bn |
| Jun 30, 2021 | -1.34 Bn |