Two Harbors Investment Corp. Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 0.57M2.52M155.43M307.00M747.99M229.39M460.23M421.62M394.90M350.36M280.36M243.80M79.42M37.15M-162.86M-157.65M
Cost of Revenue 1.25M4.58M9.67M17.68M37.26M56.23M56.76M56.60M54.16M27.48M23.83M28.63M28.76M42.01M62.31M76.24M
Operating items
Restructuring Costs 9.57M2.99M86.70M5.71M
Other Operating Expenses 2.92M7.57M23.91M50.85M86.88M135.60M142.88M134.14M129.92M162.63M191.76M192.35M150.05M509.79M590.29M661.58M
Operating Expenses 12.50M7.57M23.91M50.85M86.88M135.60M142.88M137.13M129.92M249.33M191.76M198.06M150.05M82.73M115.18M165.99M
EBIT 39.49M149.12M317.30M759.86M200.85M617.30M543.52M647.95M517.20M1,024.73M-1384.58M280.59M582.85M559.83M952.56M
Non-operating items
Non Operating Investment Income 0.34M6.13M36.52M122.47M-54.43M87.20M363.38M-107.37M-34.70M-341.31M280.12M-999.86M121.62M-603.94M-69.97M-40.04M
Interest & Investment Income 2.87M40.12M201.63M455.05M
Other Non Operating Income 7.16M26.75M-159.78M245.23M-345.65M-210.62M99.38M-70.16M-54.86M260.00M-310.81M-251.28M29.50M-166.21M147.87M
Non Operating Income 292.81M-240.37M167.84M107.39M33.57M-103.03M236.12M-1711.57M262.05M-139.76M-395.64M6.82M
Net income details
EBT 35.07M126.42M245.20M659.45M93.40M475.51M330.24M297.76M-2.47M310.40M-1665.82M191.42M324.45M-83.39M344.75M
Tax Provisions -0.32M-0.68M-1.11M-42.22M84.41M-73.74M-16.56M12.31M-10.50M41.82M-13.60M-35.70M4.20M104.21M23.00M46.60M
Profit After Tax -8.74M35.76M127.52M287.42M575.04M167.14M492.21M353.28M352.38M-44.29M323.96M-1630.13M187.23M220.24M-106.37M298.17M
Income from Non-Controlling Interests 3.81M
Income from Continuing Operations 35.76M127.52M287.42M575.04M167.14M492.07M317.92M308.26M-44.29M324.00M-1630.12M187.22M220.24M-106.39M298.15M
Consolidated Net Income 35.76M-0.09M4.49M4.00M167.14M0.14M35.36M44.15M-44.29M324.00M-1630.12M187.22M220.24M-106.39M298.15M
Income towards Parent Company 35.76M-0.09M4.49M4.00M167.14M0.14M35.36M44.15M-44.29M324.00M-1630.12M187.22M220.24M-106.39M298.15M
Preferred Dividend Payments 25.12M65.39M75.80M75.80M58.46M53.61M48.61M47.14M
Net Income towards Common Stockholders -8.84M35.76M127.43M291.91M579.04M167.14M492.21M353.28M323.45M-109.69M248.16M-1705.94M128.77M186.78M-152.00M251.68M
Additional items
EPS (Basic) -0.391.601.291.211.650.462.702.031.85-0.530.93-24.941.722.15-1.602.41
EPS (Weighted Average and Diluted) 1.601.291.201.650.462.702.031.81-0.530.93-24.941.722.13-1.602.37
Shares Outstanding (Weighted Average) 3.26M17.57M37.36M45.55M45.76M45.51M43.46M43.62M62.02M68.41M
Shares Outstanding (Diluted Average) 27.53M98.83M242.43M350.99M366.01M182.62M174.04M188.13M206.02M267.83M
EBITDA -9.69M59.32M46.10M1,047.08M327.32M578.19M-4.52M193.44M487.97M-278.20M902.54M-1677.93M-268.03M-244.82M-4.09M154.07M
Interest Expenses 0.13M4.42M22.71M72.11M100.41M107.45M141.79M213.28M350.19M519.67M714.33M281.25M89.17M258.39M643.23M607.81M
Tax Rate 12.80%3.73%2.14%2.19%32.12%13.52%