Two Harbors Investments Corp (TWO) — Cash Flow Reinvestment Rate
Two Harbors Investments Corp (TWO) has a Cash Flow Reinvestment Rate of 0.06x as of March 2026, reinvesting $3.17 Million (capex $985.00K plus investments $-2.19 Million) from operating cash flow of $56.58 Million. See Two Harbors Investments Corp free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Two Harbors Investments Corp Cash Flow Reinvestment Rate (2007–2025)
Historical reinvestment intensity for Two Harbors Investments Corp across 15 annual periods. For the full cash flow conversion analysis, see Two Harbors Investments Corp (TWO) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Two Harbors Investments Corp (2007–2025)
Year-by-year capital reinvestment analysis for Two Harbors Investments Corp. See TWO financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 10.20x | $907.28 Million | $88.92 Million | $103.99 Million | ▲ +103.2% |
| 2024 | 5.02x | $1.01 Billion | $201.00 Million | $114.12 Million | ▲ +327.3% |
| 2023 | 1.18x | $403.69 Million | $343.51 Million | $312.64 Million | ▼ -78.3% |
| 2022 | 5.42x | $3.38 Billion | $623.40 Million | $629.81 Million | ▼ -70.2% |
| 2021 | 18.20x | $7.71 Billion | $423.51 Million | $742.15 Million | ▼ -28.8% |
| 2020 | 25.55x | $16.14 Billion | $631.60 Million | $622.41 Million | ▲ +305.9% |
| 2019 | 6.29x | $6.65 Billion | $1.06 Billion | $613.66 Million | ▼ -23.3% |
| 2018 | 8.20x | $5.77 Billion | $702.87 Million | $976.39 Million | ▼ -42.4% |
| 2017 | 14.24x | $8.64 Billion | $606.78 Million | $484.26 Million | ▼ -40.2% |
| 2016 | 23.83x | $5.71 Billion | $239.68 Million | $317.71 Million | ▼ -42.4% |
| 2012 | 41.35x | $6.75 Billion | $163.13 Million | $293.75 Million | — |
| 2011 | 0.00x | $0.00 | $151.64 Million | $0.00 | — |
| 2010 | 0.00x | $0.00 | $33.11 Million | $0.00 | — |
| 2008 | 0.00x | $0.00 | $1.76 Million | $0.00 | — |
| 2007 | 0.00x | $0.00 | $1.39 Million | $0.00 | — |