Two Harbors Investment (TWO) Enterprise Value (2009 - 2026)
Two Harbors Investment (TWO) posted quarterly Enterprise Value of -$642.7 million for Q2 2026, up 2.3% year-over-year from -$628.2 million in Q2 2025, and down 34.93% quarter-over-quarter from -$476.3 million in Q1 2026.
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 -$642.7 million for Q2 2026.
- In Q2 2026, Enterprise Value rose 2.3% year-over-year to -$642.7 million; the TTM figure through Jun 2026 stood at -$642.7 million (up 2.3% YoY), while the FY2025 annual figure was -$842.3 million, down 66.92% from the prior year.
- Enterprise Value for Q2 2026 stood at -$642.7 million, down from -$476.3 million in the prior quarter.
- The five-year high for Enterprise Value was -$476.3 million in Q1 2026, with the low at -$855.9 million in Q1 2022.
- The 5-year median for Enterprise Value is -$662.0 million (2024), against an average of -$670.7 million.
- The sharpest annual moves came in 2022 and 2025: Enterprise Value soared 51.01% in 2022, then tumbled 66.92% in 2025.
- Two Harbors Investment's Enterprise Value stood at -$683.5 million in 2022, then fell by 6.77% to -$729.7 million in 2023, then soared by 30.85% to -$504.6 million in 2024, then plunged by 66.92% to -$842.3 million in 2025, then increased by 23.7% to -$642.7 million in 2026.
- Business Quant data shows TWO's Enterprise Value at -$642.7 million in Q2 2026, -$476.3 million in Q1 2026, and -$842.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | -2.86 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | -1.33 Bn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | -1.81 Bn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | -607.56 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -429.79 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | -83.68 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | -214.19 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | -682.60 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | -642.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -642.69 Mn |
| Mar 31, 2026 | -476.31 Mn |
| Dec 31, 2025 | -842.32 Mn |
| Sep 30, 2025 | -770.53 Mn |
| Jun 30, 2025 | -657.82 Mn |
| Mar 31, 2025 | -573.88 Mn |
| Dec 31, 2024 | -504.61 Mn |
| Sep 30, 2024 | -522.58 Mn |
| Jun 30, 2024 | -624.20 Mn |
| Mar 31, 2024 | -666.24 Mn |
| Dec 31, 2023 | -729.73 Mn |
| Sep 30, 2023 | -644.18 Mn |
| Jun 30, 2023 | -699.08 Mn |
| Mar 31, 2023 | -708.21 Mn |
| Dec 31, 2022 | -683.48 Mn |
| Sep 30, 2022 | -842.53 Mn |
| Jun 30, 2022 | -627.73 Mn |
| Mar 31, 2022 | -855.93 Mn |
| Dec 31, 2021 | -1.15 Bn |
| Sep 30, 2021 | -1.08 Bn |