Two Harbors Investment Corp. (TWO)
NYSE: TWO · Real-Time Price · USD
12.05
+0.01 (0.08%)
At close: Aug 21, 2026, 4:00 PM EDT
12.20
+0.15 (1.24%)
After-hours: Aug 21, 2026, 7:41 PM EDT
Two Harbors Investment Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 642.69 | 842.32 | 504.61 | 729.73 | 683.48 | 1,154 |
Long-Term Investments | 7.22 | 9.1 | 274.15 | 201.12 | 351.78 | 152.25 |
Trading Asset Securities | 69.37 | 87.55 | 10.11 | 85.29 | 26.44 | 80.13 |
Loans & Lease Receivables | 12.74 | 13.63 | 2.33 | 0.33 | - | - |
Other Receivables | 178.39 | 408.49 | 419.8 | 358.62 | 289.8 | 195.67 |
Other Intangible Assets | 2,336 | 2,422 | 2,994 | 3,052 | 2,985 | 2,192 |
Restricted Cash | 222.38 | 219.63 | 313.03 | 65.1 | 443.03 | 934.81 |
Other Current Assets | 66.8 | 103.5 | 141.6 | 143.2 | 119 | 130.6 |
Long-Term Deferred Tax Assets | - | 5.28 | 4.75 | 20.08 | 33.43 | 58.06 |
Other Long-Term Assets | 5,159 | 6,591 | 7,184 | 8,199 | 7,467 | 7,083 |
Total Assets | 8,831 | 10,859 | 12,204 | 13,139 | 13,466 | 12,114 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accrued Expenses | 43.97 | 82.7 | 86.77 | 142.51 | 94.03 | 18.38 |
Short-Term Debt | 6.22 | 13.66 | 26.93 | 21.51 | 34.05 | 53.66 |
Current Portion of Long-Term Debt | 5,705 | 7,589 | 7,125 | 8,640 | 8,803 | 8,075 |
Long-Term Debt | 909.22 | 958.93 | 1,960 | 1,273 | 1,599 | 824.05 |
Current Income Taxes Payable | - | 2.46 | 3.44 | - | - | - |
Other Current Liabilities | 167.36 | 48.93 | 58.73 | 344.83 | 254 | 72.41 |
Long-Term Deferred Tax Liabilities | - | 92.47 | 100.23 | 81.77 | - | - |
Other Long-Term Liabilities | 255.09 | 283.3 | 720.26 | 431.57 | 498.2 | 327.09 |
Total Liabilities | 7,087 | 9,071 | 10,082 | 10,935 | 11,283 | 9,370 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 1.05 | 1.05 | 1.04 | 1.03 | 0.86 | 0.86 |
Additional Paid-In Capital | 5,954 | 5,948 | 5,937 | 5,925 | 5,646 | 5,628 |
Retained Earnings | -4,766 | -4,763 | -4,096 | -4,160 | -3,816 | -3,774 |
Comprehensive Income & Other | -45.74 | -0.09 | -320.52 | -176.43 | -278.71 | 186.35 |
Total Common Equity | 1,143 | 1,186 | 1,521 | 1,590 | 1,553 | 2,041 |
Shareholders' Equity | 1,745 | 1,788 | 2,123 | 2,203 | 2,184 | 2,744 |
Total Liabilities & Equity | 8,831 | 10,859 | 12,204 | 13,139 | 13,466 | 12,114 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 6,620 | 8,561 | 9,112 | 9,935 | 10,436 | 8,952 |
Net Cash (Debt) | -5,771 | -7,474 | -8,242 | -8,836 | -8,660 | -7,584 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -55.20 | -71.79 | -72.88 | -92.35 | -90.13 | -101.78 |
Filing Date Shares Outstanding | 105.13 | 105.04 | 104.02 | 103.43 | 96.62 | 85.98 |
Total Common Shares Outstanding | 105.13 | 104.81 | 103.68 | 103.21 | 86.43 | 85.98 |
Working Capital | -4,593 | -5,904 | -5,553 | -7,482 | -6,556 | -5,589 |
Book Value Per Share | 10.88 | 11.32 | 14.67 | 15.41 | 17.96 | 23.74 |
Tangible Book Value | 1,143 | 1,186 | 1,521 | 1,590 | 1,553 | 2,041 |
Tangible Book Value Per Share | 10.88 | 11.32 | 14.67 | 15.41 | 17.96 | 23.74 |