# Two Harbors Investment Corp. (TWO)

> Real Estate · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TWO/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 218.79M | $ 32.28M | $ 55.60M | $ 8.29B | $ 1.73B |
| 2025 | $ 776.45M | $ -465.16M | $ -15.43M | $ 8.56B | $ 1.79B |
| 2024 | $ 890.01M | $ 313.40M | $ 91.32M | $ 9.09B | $ 2.12B |
| 2023 | $ 713.44M | $ -115.01M | $ 33.38M | $ 1.89B | $ 2.20B |
| 2022 | $ 72.71M | $ 246.03M | $ -7.16M | $ 1.80B | $ 2.18B |
| 2021 | $ -24.18M | $ 222.55M | $ -378.76M | $ 1.24B | $ 2.74B |
| 2020 | $ -985.07M | $ -2.08B | $ 11.72M | $ 965.62M | $ 3.09B |
| 2019 | $ 2.45B | $ 418.15M | $ 571.77M | $ 1.19B | $ 4.97B |
| 2018 | $ 1.07B | $ -58.49M | $ -361.24M | $ 1.46B | $ 4.25B |
| 2017 | $ 1.16B | $ 469.57M | $ 165.05M | $ 1.52B | $ 3.57B |
| 2016 | $ 726.12M | $ 486.05M | $ -107.36M | $ 7.11B | $ 3.40B |
| 2015 | $ 864.07M | $ 691.08M | $ -2.89B | $ 5.79B | $ 3.58B |
| 2014 | $ 261.64M | $ 236.17M | $ -1.10B | $ 3.71B | $ 4.07B |
| 2013 | $ 1.04B | $ 823.53M | $ -1.34B | $ 639.73M | $ 3.85B |
| 2012 | $ 449.83M | $ 421.44M | $ 235.53M | $ 0 | $ 3.45B |
| 2011 | $ 268.54M | $ 187.22M | $ 222.79M | $ 0 | $ 1.27B |
| 2010 | $ 53.15M | $ 54.14M | $ 50.14M | $ 0 | $ 382.45M |
| 2009 | $ 4.23M | $ -13.24M | $ -24.59M | $ 411.89M | $ 121.72M |
| 2008 | $ 0 | $ 3.47M | $ 2.67M | $ 0 | $ 184.16M |
| 2007 | $ 0 | $ 1.08M | $ 2.11M | $ 0 | $ 182.10M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 4.79 |
| Liabilities / Eq | 5.08 |
| Current Ratio | 0.09 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 88.26 |

## Other views

- [Metrics](https://sponda.capital/en/TWO.md)
- [Charts](https://sponda.capital/en/TWO/charts.md)
- [Compare](https://sponda.capital/en/TWO/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-13.