Two Harbors Investments Corp
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | Q3 16 | Q4 16 | Q1 17 | Q2 17 | Q3 17 | Q4 17 | Q1 18 | Q2 18 | Q3 18 | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 | Q2 21 | Q3 21 | Q4 21 | Q1 22 | Q2 22 | Q3 22 | Q4 22 | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||||||||||||
| 9.0 | 5.7 | 4.4 | 4.3 | 4.9 | 8.8 | 4.9 | 4.1 | 4.9 | – | – | – | – | 13.1 | – | – | – | – | 4.7 | 3.9 | 5.5 | 10.4 | 9.1 | 6.2 | 2.6 | 6.2 | – | 52.6 | 24.6 | – | 5.4 | 10.3 | – | 4.4 | 89.7 | – | – | – | – | – | |
| 6.8 | 3.8 | 2.9 | 2.4 | 2.3 | 3.6 | 3.0 | 3.1 | 3.5 | 3.9 | 3.8 | 2.9 | 2.2 | 2.2 | 1.0 | – | – | – | – | 44.2 | – | – | 32.8 | 22.4 | 5.1 | 21.0 | 6.0 | 3.3 | 2.3 | 2.1 | 1.6 | 1.6 | 2.2 | 1.6 | 1.8 | 1.7 | 1.3 | 1.4 | 1.6 | 1.6 | |
| 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.9 | 0.9 | 0.9 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.9 | 0.4 | 0.5 | 0.5 | 0.6 | 0.8 | 0.8 | 0.8 | 0.7 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.6 | 0.7 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.8 | |
| 4.7 | 3.2 | 2.8 | 2.0 | 2.1 | 3.5 | 3.0 | 3.2 | 4.6 | 4.9 | 4.0 | 3.4 | 2.4 | 2.5 | 0.5 | – | – | – | – | 57.1 | – | – | 38.4 | 130.1 | 45.1 | 38.1 | 45.8 | 24.1 | 4.5 | 3.8 | 2.9 | 2.6 | 16.8 | 11.7 | 15.3 | 15.7 | 10.9 | 12.8 | 11.8 | 8.5 | |
| 4.0 | 3.6 | 3.9 | 3.7 | 4.5 | 7.3 | 3.7 | 3.0 | 3.7 | 7.7 | 16.9 | 56.8 | 12.0 | 4.6 | – | – | – | – | 3.2 | 4.3 | 4.1 | 7.2 | 7.0 | 21.9 | 15.0 | 4.3 | 55.0 | 18.9 | 3.8 | 4.5 | 2.8 | 2.8 | 51.6 | 10.4 | 18.7 | 37.4 | 23.5 | 213.7 | 70.0 | 23.0 | |
| – | – | 11.3 | 8.1 | 2.9 | 25.1 | 33.3 | 16.1 | 43.4 | – | – | – | 19.3 | 9.6 | 2.6 | 11.2 | 82.4 | 203.1 | – | – | – | – | – | – | – | – | 3.3 | 4.5 | 9.8 | 38.5 | 14.4 | 4.4 | 6.1 | 15.2 | 5.7 | 9.9 | – | – | – | 11.7 | |
| -61.7% | -3.9% | 8.8% | 12.3% | 35.0% | 4.0% | 3.0% | 6.2% | 2.3% | -8.6% | -11.1% | -2.1% | 5.2% | 10.4% | 39.0% | 8.9% | 1.2% | 0.5% | -6.2% | -7.8% | -15.4% | -16.4% | -29.6% | -36.3% | -21.9% | -0.5% | 30.5% | 22.2% | 10.2% | 2.6% | 7.0% | 22.8% | 16.3% | 6.6% | 17.7% | 10.1% | -17.3% | -1.4% | -5.7% | 8.5% | |
| Margins | ||||||||||||||||||||||||||||||||||||||||
| 92.9% | 92.3% | 92.6% | 91.9% | 93.0% | 90.9% | 91.1% | 90.8% | 91.3% | 88.6% | 89.0% | 91.3% | 92.6% | 92.9% | 87.1% | – | – | – | – | -112.2% | – | – | -33.4% | -17.6% | 63.8% | -44.6% | 58.3% | 79.4% | 84.2% | 88.8% | 95.5% | 98.9% | 104.0% | 104.5% | 104.4% | 104.1% | 102.3% | 101.0% | 88.0% | 78.0% | |
| 70.7% | 70.0% | 63.6% | 54.8% | 47.3% | 47.1% | 71.1% | 85.1% | 86.0% | 19.7% | -24.0% | -35.8% | -11.4% | 25.9% | -127.2% | – | – | – | – | 983.2% | – | – | 545.0% | 594.5% | 300.0% | 895.4% | 83.3% | 127.4% | 117.7% | 87.9% | 106.0% | 97.0% | 35.6% | 112.4% | 82.1% | 71.5% | 93.1% | 55.2% | 57.3% | 49.8% | |
| 75.8% | 66.9% | 65.4% | 55.2% | 47.6% | 40.4% | 62.3% | 76.3% | 71.5% | -5.5% | -45.4% | -52.7% | -21.1% | 17.1% | -142.7% | – | – | – | – | 1,138.3% | – | – | 360.3% | 361.9% | 195.7% | 338.4% | -107.1% | 6.2% | 9.4% | -16.1% | 29.2% | 15.3% | -63.2% | 35.2% | 2.0% | -44.3% | -23.7% | -59.9% | -44.8% | -2.5% | |
| -419.2% | -14.8% | 25.3% | 29.1% | 81.5% | 14.2% | 9.1% | 19.4% | 8.1% | -33.7% | -42.4% | -6.0% | 11.4% | 23.3% | 38.0% | – | – | – | – | -344.7% | – | – | -971.2% | -813.7% | -111.2% | -9.8% | 183.9% | 72.7% | 23.6% | 5.3% | 11.1% | 36.0% | 35.9% | 10.3% | 32.1% | 16.7% | -22.3% | -2.0% | -9.1% | 13.2% | |
| Returns | ||||||||||||||||||||||||||||||||||||||||
| 6.4% | 10.4% | 14.3% | 15.0% | 13.3% | 9.8% | 17.6% | 21.3% | 14.5% | -1.0% | -8.5% | -13.0% | -7.3% | 6.5% | -52.3% | -56.5% | -56.5% | -52.8% | 17.6% | 21.5% | 14.6% | 6.8% | 8.8% | 11.2% | 22.8% | 10.1% | -10.8% | 1.3% | 2.7% | -4.8% | 12.2% | 6.1% | -19.0% | 14.0% | 0.7% | -15.9% | -10.7% | -25.4% | -19.8% | -1.2% | |
| 1.0% | 1.8% | 2.1% | 2.3% | 1.9% | 1.4% | 2.5% | 3.3% | 2.1% | -0.1% | -1.4% | -1.8% | -1.1% | 0.9% | -6.8% | -7.5% | -8.3% | -8.4% | 3.0% | 4.3% | 3.5% | 1.5% | 1.9% | 2.0% | 3.3% | 1.6% | -1.7% | 0.2% | 0.4% | -0.8% | 2.1% | 1.0% | -3.2% | 2.4% | 0.1% | -2.3% | -1.7% | -4.2% | -3.3% | -0.2% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||||||||||||
| -619 | -324 | -87 | -327 | -206 | -84 | -39 | 75 | 968 | 824 | 147 | 639 | 255 | 428 | -493 | -1,062 | -1,051 | -804 | -276 | 606 | -148 | 89 | 359 | 8,265 | 9,998 | 1,116 | 8,992 | 9,379 | 1,330 | 1,163 | 1,256 | 914 | 9,503 | 8,583 | 10,369 | 9,518 | 7,660 | 8,634 | 7,810 | 5,976 | |
| -1.8 | -0.7 | -0.2 | -0.6 | -0.4 | -0.2 | 0.0 | 0.1 | 0.8 | 1.6 | 0.7 | 8.8 | 0.8 | 0.4 | – | – | – | – | -0.4 | 1.0 | -0.3 | 0.3 | 1.0 | 18.1 | 13.3 | 1.9 | 47.8 | 16.3 | 1.9 | 2.1 | 1.3 | 1.1 | 44.8 | 9.0 | 16.5 | 33.4 | 20.8 | 189.7 | 60.5 | 18.8 | |
| 16.0% | 16.9% | 14.8% | 15.1% | 14.2% | 14.4% | 14.4% | 15.6% | 14.8% | 14.1% | 16.8% | 14.2% | 15.6% | 13.8% | 13.1% | 13.2% | 14.7% | 15.8% | 17.0% | 19.9% | 23.8% | 22.7% | 21.4% | 18.1% | 14.6% | 16.2% | 16.1% | 15.8% | 15.2% | 16.8% | 17.0% | 17.1% | 16.8% | 17.4% | 15.7% | 14.6% | 16.3% | 16.5% | 16.4% | 19.8% | |
| 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.8 | 0.3 | 0.5 | 0.4 | 3.5 | 5.0 | 0.8 | 4.3 | 4.5 | 0.9 | 0.9 | 0.9 | 0.7 | 4.6 | 4.3 | 5.1 | 5.4 | 4.8 | 5.3 | 4.8 | 3.8 | |
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| 5.12 | 8.13 | 11.80 | 12.38 | 11.10 | 7.38 | 12.68 | 15.37 | 12.05 | -0.71 | -6.42 | -9.31 | -5.02 | 4.45 | -22.24 | -23.43 | -23.39 | -22.34 | 6.16 | 7.82 | 4.61 | 2.23 | 2.42 | 3.23 | 5.09 | 2.55 | -2.61 | 0.26 | 0.54 | -1.09 | 2.43 | 1.28 | -3.98 | 2.67 | 0.15 | -2.88 | -1.82 | -4.36 | -3.17 | -0.20 | |
| 6.75 | 12.15 | 18.05 | 22.43 | 23.32 | 18.28 | 20.37 | 20.15 | 16.87 | 13.09 | 14.13 | 17.65 | 23.78 | 26.09 | 15.58 | -0.25 | -8.64 | -10.60 | -7.35 | 0.69 | -0.41 | -0.24 | 0.67 | 0.89 | 2.60 | 0.75 | 2.44 | 4.25 | 5.69 | 6.77 | 8.30 | 8.35 | 6.30 | 7.57 | 7.37 | 6.51 | 7.67 | 7.27 | 7.07 | 8.00 | |
| 80.05 | 78.27 | 82.68 | 82.27 | 83.46 | 75.61 | 71.94 | 72.05 | 83.35 | 68.60 | 75.67 | 71.37 | 68.99 | 68.31 | 42.49 | 41.46 | 41.38 | 42.33 | 34.94 | 36.30 | 31.55 | 32.75 | 27.33 | 28.86 | 22.31 | 25.27 | 24.26 | 20.89 | 20.04 | 22.60 | 19.83 | 21.13 | 20.98 | 18.99 | 20.65 | 18.12 | 17.02 | 17.15 | 16.00 | 16.25 | |
| -28.32 | -1.80 | 4.56 | 6.53 | 19.01 | 2.59 | 1.85 | 3.92 | 1.37 | -4.41 | -6.00 | -1.06 | 2.72 | 6.09 | 5.93 | 1.78 | 0.25 | 0.13 | -1.80 | -2.37 | -3.87 | -3.80 | -6.51 | -7.26 | -2.89 | -0.07 | 4.49 | 3.09 | 1.34 | 0.36 | 0.92 | 3.01 | 2.26 | 0.78 | 2.37 | 1.09 | -1.71 | -0.14 | -0.65 | 1.06 | |
Showing the most recent 40 periods — older statements are on file for this stock.
Data as of: August 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.