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. Check TWO cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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. Explore TWO strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Two Harbors Investments Corp (2007–2025)
Year-by-year capital reinvestment analysis for Two Harbors Investments Corp. For live market cap and broader valuation context, see Two Harbors Investments Corp stock valuation.
| 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 | — |