TWOPC.PFD (Two Harbors Investment) Gross-Profit-to-Asset % : -6.55% (As of Sep. 2024)

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What is Two Harbors Investment Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Two Harbors Investment's annualized Gross Profit for the quarter that ended in Sep. 2024 was $-842.54 Mil. Two Harbors Investment's average Total Assets over the quarter that ended in Sep. 2024 was $12,868.78 Mil. Therefore, Two Harbors Investment's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was -6.55%.

Two Harbors Investment Gross-Profit-to-Asset % Historical Data

The historical data trend for Two Harbors Investment's Gross-Profit-to-Asset % 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.

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Two Harbors Investment Gross-Profit-to-Asset % Chart

Two Harbors Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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1.29

-5.64

1.61

3.20

0.23

Two Harbors Investment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															10.51	-12.35	8.01	3.37	-6.55

Competitive Comparison of Two Harbors Investment's Gross-Profit-to-Asset %

For the REIT - Mortgage subindustry, Two Harbors Investment's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Two Harbors Investment's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Two Harbors Investment's Gross-Profit-to-Asset % falls into.

Two Harbors Investment Gross-Profit-to-Asset % Calculation

Two Harbors Investment's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	31.24	/	( (13466.16	+	13138.8)	/ 2 )
	=	31.24	/	13302.48
	=	0.23 %

Two Harbors Investment's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-842.536	/	( (12849.717	+	12887.842)	/ 2 )
	=	-842.536	/	12868.7795
	=	-6.55 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Two Harbors Investment Gross-Profit-to-Asset % Related Terms

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Two Harbors Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Two Harbors Investment Corp (NYSE:TWOpC.PFD) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

MFA CIM LADR ARI PMT RC EFC ARR FBRT RWT NLY AGNC STWD RITM BXMT ABR DX CMTG KREF BRSP

Traded in Other Exchanges

TWOpB.PFD:USA TWOpA.PFD:USA TWO:USA 2H2:Germany 2H2:Germany

Address

1601 Utica Avenue South, Suite 900, St. Louis Park, MN, USA, 55416

Website

https://www.twoharborsinvestment.com

Two Harbors Investment Corp is a real estate investment trust primarily focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. Most of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount.