Two Harbors Investment (TWO) Return on Invested Capital (2016 - 2018)
Two Harbors Investment's (TWO) quarterly Return on Invested Capital came in at 3.11% in Q4 2018, up 306.0% year-on-year from 0.77% in Q4 2017, and up 1599.18% quarter-over-quarter from 0.18% in Q3 2018.
Two Harbors Investment (TWO) Return on Invested Capital (2016 - 2018) Analysis & Trends
Two Harbors Investment's Return on Invested Capital history runs 3 years deep, the most recent figure standing at 3.11% for Q4 2018.
- On a quarterly basis, Return on Invested Capital rose 306.0% year-over-year to 3.11% in Q4 2018; TTM through Dec 2018 was 3.11%, a 306.0% increase from a year earlier, with the FY2017 full-year figure at 0.15%, changed N/A from the prior year.
- Return on Invested Capital improved to 3.11% in Q4 2018 per TWO's latest filing, from 0.18% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 3.11% in Q4 2018 and bottomed at 0.05% in Q3 2017.
- The 3-year median for Return on Invested Capital is 0.08% (2016), against an average of 0.42%.
- Across the five-year window, Return on Invested Capital decreased 3 bps in 2017 and surged 306 bps in 2018, its largest moves.
- Year by year, Return on Invested Capital stood at 0.08% in 2016, then slumped by 40 bps to 0.05% in 2017, then jumped by 6389 bps to 3.11% in 2018.
- Per Business Quant, the three latest TWO Return on Invested Capital figures stand at 3.11% (Q4 2018), 0.18% (Q3 2018), and 0.11% (Q2 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (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 | - | 0.00% |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 1.20% |
| 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| Date | Value |
|---|---|
| Dec 31, 2018 | 3.11% |
| Sep 30, 2018 | 0.18% |
| Jun 30, 2018 | 0.11% |
| Mar 31, 2018 | 0.08% |
| Dec 31, 2017 | 0.05% |
| Sep 30, 2017 | 0.05% |
| Jun 30, 2017 | 0.06% |
| Mar 31, 2017 | 0.07% |
| Dec 31, 2016 | 0.08% |