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TWO HARBORS INVESTMENT CORP. (TWO) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $5.93 Metrics
OS: 96.6 M 9 % ROE
Market cap: $573 M 2 % ROIC

 
TTM Valuation
EPS $0.47 12.7 x P/E
BVPS $22.60 0.26 x P/B

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues76.0-129.823.0432.1312.0315.8507.1233.2
            Revenue growth-158.5%-663.7%-94.7%38.5%-1.2%-37.7%117.5%110.3%
Cost of goods sold82.763.866.357.163.054.256.656.8
Gross profit-6.8-193.6-43.3375.0249.1261.6450.5176.5
            Gross margin-8.9%149.2%-188.2%86.8%79.8%82.8%88.8%75.7%
Selling, general and administrative94.1-213.95.7134.794.975.83.086.1
EBIT324.5195.3-1,661.5310.189.4267.6323.3497.5
            EBIT margin427.2%-150.5%-7218.1%71.8%28.7%84.7%63.7%213.3%
Pre-tax income324.5191.4-1,665.8310.4-2.5297.8330.2475.5
Income taxes104.24.2-35.7-13.641.8-10.512.3-16.6
            Tax rate32.1%2.2%2.1%   3.7% 
Earnings from continuing ops186.8128.8-1,705.9248.2-109.7279.3317.9492.1
Earnings from discontinued ops     44.135.40.1
Net income186.8128.8-1,705.9248.2-109.7323.4353.3492.2
            Net margin245.9%-99.2%-7411.0%57.4%-35.2%102.4%69.7%211.1%
 
Diluted EPS$1.94$1.73($24.94)$0.93($0.53)$1.48$1.83$2.69
Shares outstanding (diluted)96.174.568.4267.8206.0188.1174.0182.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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