Two Harbors Investment (TWOD) EBIT Margin (2009 - 2026)
Two Harbors Investment's EBIT Margin came in at 129.52% for Q2 2026, up 242.88 percentage points from -113.36% a year earlier and up 14.99 percentage points from the prior quarter.
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Analysis
Two Harbors Investment (TWOD) EBIT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Two Harbors Investment reported EBIT Margin of 83.45%, up 22.32 percentage points year-over-year; for FY2025, it was 10.01%, down 186.10 percentage points from FY2024.
- EBIT Margin carries a four-year change of -30.89 percentage points (FY2021 to FY2025).
- Going back by year, EBIT Margin was 196.12% in FY2024 (+57.56 pp), 138.56% in FY2023 (-1323.75 pp), 1462.31% in FY2022 (+1421.41 pp) and 40.90% in FY2021.
- The Q2 2026 figure represents the highest quarterly EBIT Margin since Q4 2024.
- Year-over-year, EBIT Margin increased in four of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q4 2024 (a gain of 942.74 percentage points), and the weakest in Q3 2024 (a drop of 471.33 percentage points).
- Business Quant data shows TWOD's EBIT Margin at 114.53% (Q1 2026), 104.96% (Q4 2025) and -7.46% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.45 Bn | 29.13 Bn | - | 23.53% |
| 2 | Orix | 41.46 Bn | 10.67 Bn | 12.74 Bn | 6.19% |
| 3 | Royalty Pharma | 37.27 Bn | 37.19 Bn | - | 19.75% |
| 4 | Affirm Holdings | 24.72 Bn | 18.41 Bn | - | 12.63% |
| 5 | Federal National Mortgage Association Fannie Mae | 23.76 Bn | 23.76 Bn | - | 467.76% |
| 6 | Synchrony Financial | 23.45 Bn | -44.18 Bn | - | 43.96% |
| 7 | Royal Gold | 20.49 Bn | 19.71 Bn | 390.45 Mn | 62.13% |
| 8 | Annaly Capital Management | 14.34 Bn | 5.37 Bn | - | 51.56% |
| 9 | Ares Capital | 13.38 Bn | 11.13 Bn | - | - |
| 10 | Two Harbors Investment | 2.69 Bn | -37.29 Mn | - | 129.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.52% |
| Mar 31, 2026 | 114.53% |
| Dec 31, 2025 | 104.96% |
| Sep 30, 2025 | -7.46% |
| Jun 30, 2025 | -113.36% |
| Mar 31, 2025 | 51.19% |
| Dec 31, 2024 | 355.54% |
| Sep 30, 2024 | -72.33% |
| Jun 30, 2024 | 194.13% |
| Mar 31, 2024 | 331.72% |
| Dec 31, 2023 | -587.20% |
| Sep 30, 2023 | 399.00% |
| Jun 30, 2023 | 289.62% |
| Mar 31, 2023 | -59.52% |
| Sep 30, 2022 | 213.60% |
| Mar 31, 2022 | 341.68% |
| Dec 31, 2021 | 14.63% |
| Sep 30, 2021 | 56.13% |
| Jun 30, 2021 | -76.63% |
| Mar 31, 2021 | 104.89% |
API Access
Two Harbors Investment EBIT Margin 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=ebit-margin&ticker=TWOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=TWOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();