Two Harbors Investment (TWOD) Convertible Debt (2017 - 2025)
Two Harbors Investment (TWOD) posted Convertible Debt of $261.81 million for Q4 2025, up 0.6% from $260.23 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Two Harbors Investment (TWOD) Convertible Debt (2017 - 2025) Analysis & Trends
Since Q1 2017, Two Harbors Investment has reported Convertible Debt for 36 quarters.
- Annual Convertible Debt shows a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- In prior years, Two Harbors Investment's Convertible Debt was $260.23 million in FY2024 (-3.1%), $268.6 million in FY2023 (-4.9%), $282.5 million in FY2022 (-33.5%) and $424.83 million in FY2021 (+48.4%).
- The Q4 2025 figure stands as the highest quarterly Convertible Debt since Q1 2024.
- On a year-over-year basis, Convertible Debt has increased in each of the last three quarters, with an average decline of 1.9% over the last eight quarters.
- The strongest year-over-year quarter for Convertible Debt in the past five years was Q3 2021, with growth of 48.4%; the weakest was Q1 2022, with a decline of 33.5%.
- According to Business Quant data, Convertible Debt for the three prior quarters was $261.4 million (Q3 2025), $260.94 million (Q2 2025) and $260.6 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Orix | 41.15 Bn | 9.87 Bn | 12.74 Bn |
| 2 | Rocket Companies | 32.72 Bn | 18.40 Bn | - |
| 3 | Royalty Pharma | 28.76 Bn | 25.72 Bn | - |
| 4 | Affirm Holdings | 24.52 Bn | 18.21 Bn | - |
| 5 | Synchrony Financial | 24.15 Bn | -43.47 Bn | - |
| 6 | Federal National Mortgage Association Fannie Mae | 23.82 Bn | 23.82 Bn | - |
| 7 | Royal Gold | 20.38 Bn | 19.56 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.50 Bn | 13.50 Bn | - |
| 9 | Ares Capital | 13.24 Bn | 13.24 Bn | - |
| 10 | Two Harbors Investment | 2.69 Bn | -37.29 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 261.81 Mn |
| Sep 30, 2025 | 261.40 Mn |
| Jun 30, 2025 | 260.94 Mn |
| Mar 31, 2025 | 260.60 Mn |
| Dec 31, 2024 | 260.23 Mn |
| Sep 30, 2024 | 259.82 Mn |
| Jun 30, 2024 | 259.41 Mn |
| Mar 31, 2024 | 269.00 Mn |
| Dec 31, 2023 | 268.60 Mn |
| Sep 30, 2023 | 268.20 Mn |
| Jun 30, 2023 | 267.80 Mn |
| Mar 31, 2023 | 282.84 Mn |
| Dec 31, 2022 | 282.50 Mn |
| Sep 30, 2022 | 282.10 Mn |
| Jun 30, 2022 | 281.71 Mn |
| Mar 31, 2022 | 281.40 Mn |
| Dec 31, 2021 | 424.83 Mn |
| Sep 30, 2021 | 424.30 Mn |
| Jun 30, 2021 | 423.74 Mn |
| Mar 31, 2021 | 423.34 Mn |
API Access
Two Harbors Investment Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=TWOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "TWOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=TWOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();