Two Harbors Investments Corp (TWO) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.06x

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. Explore TWO capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.06x
(Capex + Investments) / Operating CF

Total Reinvested

$3.17 Million
Capex + Investments

Operating Cash Flow

$56.58 Million
USD

Capital Expenditures

$985.00K
USD

Two Harbors Investments Corp Cash Flow Reinvestment Rate (2007–2025)

Historical reinvestment intensity for Two Harbors Investments Corp across 15 annual periods. Also explore TWO current and non-current assets for the complete picture of this company's asset base.

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 stock market capitalisation.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow