Two Harbors Investment (TWO) Other Working Capital Changes (2018 - 2026)

Two Harbors Investment's (TWO) quarterly Other Working Capital Changes came in at -$28.2 million in Q1 2026, up 3.69% year-on-year from -$27.2 million in Q1 2025, and down 169.82% quarter-over-quarter from $40.5 million in Q4 2025.

Two Harbors Investment (TWO) Other Working Capital Changes (2018 - 2026) Analysis & Trends

Two Harbors Investment's Other Working Capital Changes history runs 9 years deep, the most recent figure standing at -$28.2 million for Q1 2026.

  • On a quarterly basis, Other Working Capital Changes rose 3.69% year-over-year to -$28.2 million in Q1 2026; TTM through Mar 2026 was -$29.5 million, a 263.37% decrease from a year earlier, with the FY2025 full-year figure at -$30.6 million, down 152.67% from the prior year.
  • Other Working Capital Changes retreated to -$28.2 million in Q1 2026 per TWO's latest filing, from $40.5 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $59.8 million in Q4 2024 and bottomed at -$29.3 million in Q1 2025.
  • The 5-year median for Other Working Capital Changes is -$9.3 million (2022), against an average of $1.4 million.
  • Biggest YoY gain for Other Working Capital Changes was 2029.89% in 2022; the steepest drop was 956.93% in 2022.
  • Year by year, Other Working Capital Changes stood at $39.6 million in 2022, then dropped by 0.81% to $39.3 million in 2023, then soared by 52.07% to $59.8 million in 2024, then sank by 32.3% to $40.5 million in 2025, then sank by 169.82% to -$28.2 million in 2026.
  • Per Business Quant, the three latest TWO Other Working Capital Changes figures stand at -$28.2 million (Q1 2026), $40.5 million (Q4 2025), and -$14.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn -
2 AGNC Investment 11.85 Bn 11.36 Bn -
3 Starwood Property Trust 5.99 Bn 5.94 Bn -
4 Rithm Capital 5.01 Bn 5.01 Bn -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn -
6 Ellington Financial 1.63 Bn 1.51 Bn -
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 -
10 Ladder Capital 1.20 Bn 1.17 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -28.24 Mn
Mar 31, 2026 -28.24 Mn
Mar 31, 2026 -28.24 Mn
Dec 31, 2025 40.46 Mn
Dec 31, 2025 40.46 Mn
Dec 31, 2025 40.46 Mn
Sep 30, 2025 -14.65 Mn
Sep 30, 2025 -14.65 Mn
Sep 30, 2025 -14.65 Mn
Jun 30, 2025 -27.10 Mn
Jun 30, 2025 -27.10 Mn
Jun 30, 2025 -27.10 Mn
Mar 31, 2025 -29.33 Mn
Mar 31, 2025 -29.33 Mn
Mar 31, 2025 -29.33 Mn
Dec 31, 2024 59.76 Mn
Dec 31, 2024 59.76 Mn
Dec 31, 2024 59.76 Mn
Sep 30, 2024 -17.41 Mn
Sep 30, 2024 -17.41 Mn