← TWO HARBORS INVESTMENT CORP.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Income (Expense), Net | $411.6m |
$394.9m
-4.06%
|
$350.4m
-11.28%
|
$280.4m
-19.98%
|
$243.8m
-13.04%
|
$79.4m
-67.42%
|
$37.1m
-53.23%
|
($162.9m)
-538.45%
|
($157.7m)
+3.20%
|
($78.9m)
+49.93%
|
$366.1m
+563.80%
|
|
| Labor and Related Expense | — | — | — | — | $37.7m | $35.0m | $40.7m | $52.9m | $89.8m | $95.3m | — | |
| Amortization of Intangible Assets | $0 | — | — | — | — | — | — | — | — | — | — | |
| Interest Expense | $221.9m | $350.2m | $519.7m | $714.3m | $281.2m | $89.2m | $258.4m | $643.2m | $607.8m | $490.9m | $407.2m | |
| Interest Expense, Securities Sold under Agreements to Repurchase | $97.5m | $210.4m | $469.4m | $654.3m | $233.1m | $25.8m | $167.5m | $474.3m | $468.5m | $388.3m | $407.2m | |
| Investment Income, Net | — | $6.0m | $254.3m | ($217.8m) | ($530.5m) | — | — | — | — | — | — | |
| Debt and Equity Securities, Gain (Loss) | ($159.8m) | $135.6m | ($233.9m) | $578.6m | ($47.8m) | $131.4m | ($601.2m) | ($70.5m) | ($39.8m) | ($96.3m) | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $64.8m | $46.9m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | $219.2m | $106.9m | ($91.5m) | — | |
| Other Nonoperating Income (Expense) | ($6.0m) | $27.8m | $3.0m | $337k | $1.4m | ($3.8m) | ($5k) | $5.1m | $1.2m | $5.2m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $365.6m | $297.8m | ($2.5m) | $310.4m | ($1.7b) | $191.4m | $324.5m | ($83.4m) | $344.8m | ($445.4m) | ($4.9m) | |
| Current Income Tax Expense (Benefit) | ($1.5m) | $549k | $53k | — | — | — | — | — | — | — | $16.8m | |
| Income Tax Expense (Benefit) | $12.3m | ($10.5m) | $41.8m | ($13.6m) | ($35.7m) | $4.2m | $104.2m | $23.0m | $46.6m | $8.9m | $16.8m | |
| Net Income (Loss) Attributable to Parent | $353.3m |
$348.6m
-1.33%
|
($44.3m)
-112.71%
|
$324.0m
+831.46%
|
($1.6b)
-603.19%
|
$187.2m
+111.49%
|
$220.2m
+17.63%
|
($106.4m)
-148.30%
|
$298.2m
+380.31%
|
($454.3m)
-252.36%
|
($75.1m)
+83.47%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $353.3m |
$323.4m
-8.44%
|
($109.7m)
-133.91%
|
$248.2m
+326.25%
|
($1.7b)
-787.43%
|
$128.0m
+107.51%
|
$185.6m
+44.94%
|
($153.2m)
-182.57%
|
$250.0m
+263.15%
|
($508.4m)
-303.37%
|
($75.1m)
+85.23%
|
|
| Preferred Stock Dividends, Income Statement Impact | $0 | $25.1m | $65.4m | $75.8m | $75.8m | $58.5m | $53.6m | $48.6m | $47.1m | $52.8m | $52.0m | |
| Earnings Per Share, Basic | $2.03 | $1.85 | ($0.53) | $0.93 | ($6.24) | $0.43 | $2.15 | ($1.60) | $2.41 | ($4.88) | ($0.72) | |
| Earnings Per Share, Diluted | $1.01 | $1.81 | ($0.53) | $0.93 | ($6.24) | $0.43 | $2.13 | ($1.60) | $2.37 | ($4.88) | ($0.72) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $2 | ($1) | $1 | ($6) | $0 | $2 | ($2) | $2 | ($5) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $2 | ($1) | $1 | ($6) | $0 | $2 | ($2) | $2 | ($5) | — | |
| Common Stock, Dividends, Per Share, Declared | $0.96 | $2.42 | $1.31 | $1.73 | $0.73 | $0.65 | $2.73 | $2.07 | $1.80 | $1.52 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 345.0m | 174.4m | 206.0m | 267.8m | 273.6m | 297.8m | 86.2m | 95.7m | 103.6m | 104.1m | 104.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 1 | 188.1m | 206.0m | 267.8m | 273.6m | 298.0m | 96.1m | 95.7m | 113.1m | 104.1m | 104.8m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | $86.7m | $0 | $0 | — | — | — | — | — | — | |
| Litigation Settlement Loss | — | — | — | — | — | — | — | — | — | $375.0m | — | |
| Management Fee Expense | — | — | $30.3m | $60.1m | $31.7m | $0 | $0 | — | — | — | — | |
| Other Cost and Expense, Operating | $63.5m | $54.2m | $63.0m | $57.1m | $28.6m | $28.8m | $42.0m | $62.3m | $76.2m | $90.2m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $353.3m | $308.2m | ($44.3m) | $324.0m | ($1.6b) | $187.2m | $220.2m | ($106.4m) | $251.7m | $507.1m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $44.1m | $0 | $0 | — | $128.8m | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $353.3m | $40.3m | $109.7m | $248.2m | — | $128.8m | $186.8m | $152.0m | $251.7m | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.