TWO (Two Harbors Investment) Pre-Tax Income : $-425.31 Mil (TTM As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Two Harbors Investment Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Two Harbors Investment's pretax income for the three months ended in Sep. 2024 was $-248.94 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $-425.31 Mil. Two Harbors Investment's pretax margin was 118.19%.

During the past 13 years, Two Harbors Investment's highest Pretax Margin was 166.60%. The lowest was -266.94%. And the median was 75.44%.

Two Harbors Investment Pre-Tax Income Historical Data

The historical data trend for Two Harbors Investment's Pre-Tax Income 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.

* Premium members only.

Two Harbors Investment Pre-Tax Income Chart

Two Harbors Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

Get a 7-Day Free Trial

310.40

-1,665.82

191.42

324.45

-83.39

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
Pre-Tax Income	Get a 7-Day Free Trial															342.56	-462.46	215.56	70.54	-248.94

Competitive Comparison of Two Harbors Investment's Pre-Tax Income

For the REIT - Mortgage subindustry, Two Harbors Investment's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Two Harbors Investment's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Two Harbors Investment's Pre-Tax Income falls into.

Two Harbors Investment Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Two Harbors Investment's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	-83.393
	=	-83.39

Two Harbors Investment's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income	=	Operating Income	+	Other
	=	0	+	-248.943
	=	-248.94

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-425.31 Mil.

Two Harbors Investment (NYSE:TWO) Pre-Tax Income Explanation

Two Harbors Investment's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-248.943	/	-210.634
	=	118.19%

During the past 13 years, Two Harbors Investment's highest Pretax Margin was 166.60%. The lowest was -266.94%. And the median was 75.44%.

Two Harbors Investment Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Two Harbors Investment's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Two Harbors Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Two Harbors Investment Corp (NYSE:TWO) » Definitions » Pre-Tax Income

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

TWOpC.PFD:USA TWOpB.PFD:USA TWOpA.PFD:USA 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.

Executives

Nicholas Letica	officer: Vice Pres. & Chief Inv. Off.	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
William Ross Greenberg	officer: Co-Chief Investment Officer	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Mary Kathryn Riskey	officer: Chief Accounting Officer	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Rebecca B Sandberg	officer: General Counsel and Secretary	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Spencer Abraham	director	600 14TH STREET, NW, SUITE 500, WASHINGTON DC 20005
Stephen G Kasnet	director	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Robert Rush	officer: Vice President & CRO	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Jason Vinar	officer: Vice President & Head of MSR	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Matthew Keen	officer: Vice President & CTO	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Alecia Hanson	officer: Vice President & CAO	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
David B Hughes	other: EVP Servicing Ops RoundPoint	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Nathan Boucher	other: EVP General Counsel RoundPoint	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
James J Bender	director	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Matthew Koeppen	officer: Co-Chief Investment Officer	601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Thomas Siering	director, officer: Chief Executive Officer & Pres	TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305