Two Harbors Investments Corp (TWO) — Free Cash Flow Generation Index
Two Harbors Investments Corp (TWO) has a Free Cash Flow Generation Index of 0.98x as of March 2026. Free cash flow of $55.59 Million represents 1% of operating cash flow ($56.58 Million). See TWO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Two Harbors Investments Corp Free Cash Flow Generation Index (2007–2025)
Historical FCF Generation Index trend for Two Harbors Investments Corp across 15 annual periods. Explore Two Harbors Investments Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Two Harbors Investments Corp (2007–2025)
Year-by-year Free Cash Flow Generation Index for Two Harbors Investments Corp. For the full company profile including market capitalisation, see market value of Two Harbors Investments Corp.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.17x | $-15.07 Million | $88.92 Million | $103.99 Million | ▼ -139.2% |
| 2024 | 0.43x | $86.88 Million | $201.00 Million | $114.12 Million | ▲ +380.9% |
| 2023 | 0.09x | $30.87 Million | $343.51 Million | $312.64 Million | ▲ +974.3% |
| 2022 | -0.01x | $-6.41 Million | $623.40 Million | $629.81 Million | ▲ +98.6% |
| 2021 | -0.75x | $-318.64 Million | $423.51 Million | $742.15 Million | ▼ -5267.0% |
| 2020 | 0.01x | $9.20 Million | $631.60 Million | $622.41 Million | ▼ -96.5% |
| 2019 | 0.42x | $442.97 Million | $1.06 Billion | $613.66 Million | ▲ +207.7% |
| 2018 | -0.39x | $-273.52 Million | $702.87 Million | $976.39 Million | ▼ -292.7% |
| 2017 | 0.20x | $122.52 Million | $606.78 Million | $484.26 Million | ▲ +162.0% |
| 2016 | -0.33x | $-78.03 Million | $239.68 Million | $317.71 Million | ▼ -132.6% |
| 2012 | 1.00x | $163.13 Million | $163.13 Million | $293.75 Million | ▲ +0.0% |
| 2011 | 1.00x | $151.64 Million | $151.64 Million | $0.00 | ▲ +0.0% |
| 2010 | 1.00x | $33.11 Million | $33.11 Million | $0.00 | ▲ +0.0% |
| 2008 | 1.00x | $1.76 Million | $1.76 Million | $0.00 | ▲ +0.0% |
| 2007 | 1.00x | $1.39 Million | $1.39 Million | $0.00 | — |