Two Harbors Investment (FRA:2H2) FCF Yield %: -5.35 (As of Jun. 28, 2026)


FRA:2H2 Two Harbors Investment Corp FRA:2H2
31 GF Score
Price €10.86
! 6 Warning Signs
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What is Two Harbors Investment FCF Yield %?

Two Harbors Investment FRA:2H2 31 FCF Yield % is -5.35 as of Jun. 28, 2026. GuruFocus rates FRA:2H2 with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 946 REITs companies, Two Harbors Investment ranks worse than 90.7% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Two Harbors Investment's Trailing 12-Month Free Cash Flow is €-58.5 Mil, and Market Cap is €1,149.3 Mil. Therefore, Two Harbors Investment's FCF Yield % for today is -5.35%.

The historical rank and industry rank for Two Harbors Investment's FCF Yield % or its related term are showing as below:

FRA:2H2' s FCF Yield % Range Over the Past 10 Years
Min: -56.02   Med: 2.42   Max: 61.24
Current: -5.35


During the past 13 years, the highest FCF Yield % of Two Harbors Investment was 61.24%. The lowest was -56.02%. And the median was 2.42%.

FRA:2H2's FCF Yield % is ranked worse than
90.7% of 946 companies
in the REITs industry
Industry Median: 5.87 vs FRA:2H2: -5.35

Two Harbors Investment's FCF Margin % for the quarter that ended in Mar. 2026 was 64.80%.


Two Harbors Investment FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Two Harbors Investment FCF Yield % Related Terms


Two Harbors Investment FCF Yield % Historical Data

* Premium members only.

The historical data trend for Two Harbors Investment's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Two Harbors Investment FCF Yield % Chart

Two Harbors Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.95 -0.47 2.18 7.20 -1.38

Two Harbors Investment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.95 2.82 -97.14 42.13 18.79

FRA:2H2 vs LADR, ORC, ARI: FCF Yield % Comparison

For the REIT - Mortgage subindustry, Two Harbors Investment's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Two Harbors Investment FCF Yield % vs REITs Industry

For the REITs industry and Real Estate sector, Two Harbors Investment's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Two Harbors Investment's FCF Yield % falls into.


FRA:2H2
31GF Score
Two Harbors Investment Corp FRA:2H2
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Two Harbors Investment FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Two Harbors Investment's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-12.869 / 930.048444
=-1.38%

Two Harbors Investment's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=48.09 * 4 / 1023.758824
=18.79%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of -5.35 mean?
Two Harbors Investment (FRA:2H2) has a FCF Yield % of -5.35 as of Jun. 28, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Two Harbors Investment and its competitors. According to the industry distribution chart, Two Harbors Investment ranks #858 out of 946 companies in the REITs industry, placing it in the top 90.7%.
Is Two Harbors Investment's FCF Yield % too high?
Two Harbors Investment's current FCF Yield % is -5.35. Based on the distribution chart, Two Harbors Investment ranks #858 out of 946 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Two Harbors Investment has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Two Harbors Investment's FCF Yield % compare to LADR and ORC?
According to the REITs industry distribution chart, Two Harbors Investment ranks #858 out of 946 companies for FCF Yield %. This places Two Harbors Investment in the lower half of its industry. The industry median FCF Yield % is 5.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for a REITs company?
The median FCF Yield % among REITs companies is 5.87, based on 946 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Two Harbors Investment and its competitors. For the REITs industry, the median FCF Yield % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Two Harbors Investment's current FCF Yield % is -5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Two Harbors Investment stock overvalued right now?
Two Harbors Investment (FRA:2H2) has a current FCF Yield % of -5.35. The current FCF Yield % is -5.35. Two Harbors Investment's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Two Harbors Investment (FRA:2H2), the current FCF Yield % is -5.35 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Two Harbors Investment Business Description

Industry Real EstateREITs
Address 1601 Utica Avenue South, Suite 900, St. Louis Park, MN, USA, 55416
Two Harbors Investment Corp is a real estate investment trust focused on investing in, financing, and managing residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights, and commercial real estate. The majority of its investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. The company derives revenues mainly from its MSR and Agency RMBS portfolio, including servicing fee income, float income, and interest income, as well as mortgage loan origination activities established to support the MSR portfolio. Its investment portfolio is subject to market risks, mainly interest rate, basis, and prepayment risk. The majority of income is generated by available-for-sale securities.
31GF Score

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FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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