Two Harbors Investment Corp.
TWONYSEReal Estate● Active
$12.36
+$0.02(+0.16%)
Market Cap$1.3B
P/E Ratio—
52W High$14.17
52W Low$8.78
Two Harbors Investment Corp. (TWO) · Cash Flow
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · TWO · as of 2026-06-10
Financial statements
Operating CF · CapEx · Free Cash Flow
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | ($0.45B) | $0.30B | ($0.11B) | $0.22B | $0.19B |
| Depreciation & Amort. | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Stock-Based Comp. | $0.01B | $0.01B | $0.01B | $0.01B | $0.01B |
| Change in Working Capital | $0.02B | ($0.08B) | $0.06B | $0.15B | $0.03B |
| Net Cash from Operations | $0.09B | $0.20B | $0.34B | $0.62B | $0.42B |
| Investing Activities | |||||
| Capital Expenditure | ($0.10B) | ($0.11B) | ($0.31B) | ($0.63B) | ($0.74B) |
| Purchases of Investments | ($9.60B) | ($2.14B) | ($4.13B) | ($10.73B) | ($2.49B) |
| Sales of Investments | $10.41B | $3.12B | $3.34B | $9.02B | $9.51B |
| Net Cash from Investing | $0.91B | $0.90B | ($0.20B) | ($2.75B) | $6.31B |
| Financing Activities | |||||
| Common Stock Repurchased | $0.00B | ($0.01B) | ($0.02B) | ($0.05B) | ($0.27B) |
| Dividends Paid | ($0.22B) | ($0.24B) | ($0.25B) | ($0.29B) | ($0.26B) |
| Debt Issued / Repaid | $0.02B | ($0.61B) | $0.10B | $0.55B | $0.27B |
| Net Cash from Financing | ($0.76B) | ($1.07B) | ($0.48B) | $1.17B | ($7.30B) |
| Free Cash Flow | |||||
| Free Cash Flow | ($0.02B) | $0.09B | $0.03B | ($0.01B) | ($0.32B) |
| FCF Margin %(computed) | -2.49% | 10.27% | 4.82% | -50.83% | 222.97% |
Data source: Financial Modeling Prep · Last updated: 2026-06-10 · USD · B
Explore more Two Harbors Investment Corp. data
About Two Harbors Investment Corp. (TWO) Cash Flow Statement
Two Harbors Investment Corp. generated operating cash flow of $0.09B and free cash flow of ($0.02B) for 2025 — a FCF margin of -2.49%. Capital expenditure was ($0.10B).
Frequently asked questions
TWO · 4 questionsTwo Harbors Investment Corp. generated free cash flow of ($0.02B) for 2025, down 117.3% year-over-year.
TWO free cash flowFCF margincash flow yield
· Source: FMP /stable/cash-flow-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-10