Two Harbors Investment (TWOD) Interest Coverage Ratio (2009 - 2026)
Two Harbors Investment's Interest Coverage Ratio came in at 1.76 for Q2 2026, compared with -0.88 a year earlier and up 27.5% from the prior quarter.
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Analysis
Two Harbors Investment (TWOD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Two Harbors Investment reported Interest Coverage Ratio of 0.99, up 95.1% year-over-year; for FY2025, it came in at 0.09, down 94.1% from FY2024.
- Going back by year, Interest Coverage Ratio was 1.57 in FY2024 (+80.1%), 0.87 in FY2023 (-61.4%), 2.26 in FY2022 (-28.3%) and 3.15 in FY2021.
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q4 2024.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2026 (growth of 242.9%), and the weakest in Q4 2021 (a decline of 90.1%).
- Business Quant data shows TWOD's Interest Coverage Ratio at 1.38 (Q1 2026), 1.16 (Q4 2025) and -0.08 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.45 Bn | 29.13 Bn | - | 1.75 |
| 2 | Orix | 41.46 Bn | 10.67 Bn | 12.74 Bn | 2.98 |
| 3 | Royalty Pharma | 37.27 Bn | 37.19 Bn | - | 1.42 |
| 4 | Affirm Holdings | 24.72 Bn | 18.41 Bn | - | 1.24 |
| 5 | Federal National Mortgage Association Fannie Mae | 23.76 Bn | 23.76 Bn | - | 1.15 |
| 6 | Synchrony Financial | 23.45 Bn | -44.18 Bn | - | 2.21 |
| 7 | Royal Gold | 20.49 Bn | 19.71 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 14.34 Bn | 5.37 Bn | - | 0.31 |
| 9 | Ares Capital | 13.38 Bn | 11.13 Bn | - | - |
| 10 | Two Harbors Investment | 2.69 Bn | -37.29 Mn | - | 1.76 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.76 |
| Mar 31, 2026 | 1.38 |
| Dec 31, 2025 | 1.16 |
| Sep 30, 2025 | -0.08 |
| Jun 30, 2025 | -0.88 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 3.22 |
| Sep 30, 2024 | -0.61 |
| Jun 30, 2024 | 1.46 |
| Mar 31, 2024 | 2.35 |
| Dec 31, 2023 | -1.75 |
| Sep 30, 2023 | 2.98 |
| Jun 30, 2023 | 2.36 |
| Mar 31, 2023 | -0.27 |
| Dec 31, 2022 | -1.26 |
| Sep 30, 2022 | 4.58 |
| Jun 30, 2022 | -0.25 |
| Mar 31, 2022 | 15.97 |
| Dec 31, 2021 | 1.04 |
| Sep 30, 2021 | 4.05 |
API Access
Two Harbors Investment Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TWOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TWOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();