Two Harbors Investments Corp (TWO) — Capital Reinvestment Ratio
Two Harbors Investments Corp (TWO) has a Capital Reinvestment Ratio of 0.02x as of March 2026, meaning it reinvests 0% of its operating cash flow ($56.58 Million) in capital expenditures ($985.00K). Check TWO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Two Harbors Investments Corp Capital Reinvestment Ratio (2012–2025)
This chart tracks Two Harbors Investments Corp's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see Two Harbors Investments Corp cash conversion from operations.
Annual Capital Reinvestment Ratio for Two Harbors Investments Corp (2012–2025)
Year-by-year Capital Reinvestment Ratio for Two Harbors Investments Corp from 2012 to 2025. See Two Harbors Investments Corp (TWO) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.17x | $88.92 Million | $103.99 Million | ▲ +106.0% |
| 2024 | 0.57x | $201.00 Million | $114.12 Million | ▼ -37.6% |
| 2023 | 0.91x | $343.51 Million | $312.64 Million | ▼ -9.9% |
| 2022 | 1.01x | $623.40 Million | $629.81 Million | ▼ -42.3% |
| 2021 | 1.75x | $423.51 Million | $742.15 Million | ▲ +77.8% |
| 2020 | 0.99x | $631.60 Million | $622.41 Million | ▲ +69.7% |
| 2019 | 0.58x | $1.06 Billion | $613.66 Million | ▼ -58.2% |
| 2018 | 1.39x | $702.87 Million | $976.39 Million | ▲ +74.1% |
| 2017 | 0.80x | $606.78 Million | $484.26 Million | ▼ -39.8% |
| 2016 | 1.33x | $239.68 Million | $317.71 Million | ▼ -26.4% |
| 2012 | 1.80x | $163.13 Million | $293.75 Million | — |