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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 Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-21.68-454.3298.17-106.37220.24187.23
Other Amortization
1.612.052.052.592.683
Gain on Sale of Loans & Receivables
-5.94-5.14-1.49--0.01-1.81
Loss (Gain) From Sale of Investments
69.09276.75-91.6272.37663.273.68
Stock-Based Compensation
10.7513.3510.9510.9811.6311.49
Net Decrease (Increase) in Loans Originated / Sold - Operating
0.55-8.4-1.4-0.05-0.231.77
Change in Accounts Payable
-36.2-4.08-55.7847.7475.65-3.28
Change in Other Net Operating Assets
30.7630.63-58.15-5.45-19.879.63
Other Operating Activities
59.94242.2362.45106.52-425.38114.94
Operating Cash Flow
127.2288.92201343.51623.4423.51
Operating Cash Flow Growth
-54.08%-55.76%-41.48%-44.90%47.20%-32.95%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Acquisitions
---20.9826.8--
Sale (Purchase) of Intangibles
425.27335.09-4.35-178.7-367.98-710.37
Investment in Securities
3,2331,063755.53-541.51-1,7666,927
Other Investing Activities
43.28-486.72165.07497.63-617.4897.07
Investing Cash Flow
3,701911.61895.28-195.78-2,7516,314

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-174.8349.71---
Long-Term Debt Issued
-40,26546,59037,45036,64730,511
Total Debt Issued
27,74140,44046,63937,45036,64730,511
Short-Term Debt Repaid
--167.45-47.67---
Long-Term Debt Repaid
--40,805-47,419-37,936-35,147-37,725
Total Debt Repaid
-31,300-40,973-47,467-37,936-35,147-37,725
Net Debt Issued (Repaid)
-3,559-532.36-827.57-486.61,501-7,214
Preferred Share Repurchases
---11.1-14.81-51.4-274.95
Issuance of Common Stock
0.210.280.24275.676.61450.6
Repurchase of Common Stock
-1.75-1.75--7.06--
Common Dividends Paid
-148.65-170.86-187.68-197.64-235.37-193.49
Preferred Dividends Paid
-52.41-51.53-47.36-48.96-54.99-63.66
Total Dividends Paid
-201.06-222.39-235.05-246.6-290.36-257.15
Financing Cash Flow
-3,762-756.22-1,073-479.41,166-7,295

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
66.77244.3122.81-331.67-962.17-557.76

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
469.08487.75618.66565.83153.1881.25
Cash Income Tax Paid
14.6924.629.267.38-1.58-23.32
SEC Filings: 10-K · 10-Q