Two Harbors Investment Corp. (TWO) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 218.79M | 179.37M | 247.57M | 119.38M | 211.99M | 219.45M | 126.48M | 208.81M | 292.02M | 24.56M | 342.45M | 278.5M |
| Revenue Growth % | 3.21% | -18.26% | 95.73% | -42.83% | -27.41% | 793.63% | -63.07% | -25.02% | 1939.25% | 172.64% | 78.31% | 422.25% |
| Property Operating Expenses | 97.01M | 3.38M | -4.37M | -4M | -2.78M | -7.58M | -13.16M | -10.54M | -7.18M | 4.58M | 23.05M | 21.74M |
| Net Operating Income (NOI) | 121.78M | 175.99M | 251.94M | 123.38M | 214.77M | 227.03M | 139.64M | 219.35M | 299.2M | 19.97M | 319.4M | 256.76M |
| NOI Margin % | 55.66% | 98.11% | 101.76% | 103.35% | 101.31% | 103.46% | 110.4% | 105.05% | 102.46% | 81.33% | 93.27% | 92.19% |
| Operating Expenses | 49.45M | 54.85M | 86.47M | 44.12M | 161.68M | -218.68M | 233.65M | -5.39M | -76.36M | 294.38M | -196.25M | -120.02M |
| G&A Expenses | 49.45M | 17.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | 77.52M | 122.7M | -9.6M | -120.68M | 53.09M | 446.27M | -94.01M | 224.74M | 375.56M | -294.38M | 515.65M | 376.79M |
| EBITDA Margin % | 35.43% | 68.41% | -3.88% | -101.09% | 25.04% | 203.36% | -74.33% | 107.63% | 128.61% | -1198.76% | 150.58% | 135.29% |
| Depreciation & Amortization | 5.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | 2.37% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | 72.34M | 121.14M | 165.47M | 79.26M | 53.09M | 445.71M | -94.01M | 224.74M | 375.56M | -274.41M | 515.65M | 376.79M |
| Operating Margin % | 33.06% | 67.54% | 66.84% | 66.39% | 25.04% | 203.11% | -74.33% | 107.63% | 128.61% | -1117.45% | 150.58% | 135.29% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.76x | 1.16x | -0.08x | -0.88x | 0.40x | 3.22x | -0.61x | 1.46x | 2.35x | -1.75x | 2.98x | 2.36x |
| Non-Operating Income | 0 | -1.56M | 175.06M | 199.94M | 0 | -558K | 0 | 0 | 0 | 19.97M | 0 | 0 |
| Pretax Income | 36.35M | 17.29M | -126.72M | -257.38M | -78.62M | 307.6M | -248.94M | 70.54M | 215.56M | -462.46M | 342.56M | 217.22M |
| Pretax Margin % | 16.61% | 9.64% | -51.18% | -215.59% | -37.09% | 140.17% | -196.82% | 33.78% | 73.82% | -1883.21% | 100.03% | 78% |
| Income Tax | 4.07M | 5.58M | 1.2M | 1.66M | 431K | 30.87M | -10.46M | 14.2M | 11.97M | -29.26M | 36.37M | 19.78M |
| Effective Tax Rate % | 11.19% | 32.24% | -0.95% | -0.65% | -0.55% | 10.04% | 4.2% | 20.13% | 5.55% | 6.33% | 10.62% | 9.11% |
| Net Income | 32.28M | 11.72M | -127.92M | -259.04M | -79.06M | 276.73M | -238.49M | 56.34M | 203.59M | -433.2M | 306.19M | 197.44M |
| Net Margin % | 14.76% | 6.53% | -51.67% | -216.98% | -37.29% | 126.1% | -188.55% | 26.98% | 69.72% | -1764.06% | 89.41% | 70.9% |
| Net Income Growth % | 140.84% | -95.77% | 46.36% | -559.81% | -138.83% | 163.88% | -177.89% | -71.47% | 215.15% | -60.31% | 10.29% | 372.64% |
| Funds From Operations (FFO) | 37.47M | 11.72M | -127.92M | -259.04M | -79.06M | 276.73M | -238.49M | 56.34M | 203.59M | -433.2M | 306.19M | 197.44M |
| FFO Margin % | 17.12% | 6.53% | -51.67% | -216.98% | -37.29% | 126.1% | -188.55% | 26.98% | 69.72% | -1764.06% | 89.41% | 70.9% |
| FFO Growth % | - | - | - | - | - | - | - | - | - | - | - | - |
| FFO per Share | 0.35 | 0.11 | -1.23 | -2.49 | -0.76 | 2.48 | -2.31 | 0.54 | 1.80 | -4.44 | 2.90 | 1.86 |
| FFO Payout Ratio % | 0% | 304.75% | -32.02% | -18.23% | -59.43% | 16.96% | -19.68% | 83.25% | 23.04% | -10.06% | 14.23% | 29.57% |
| EPS (Diluted) | 0.18 | -0.02 | -1.36 | -2.62 | -0.89 | 2.37 | -2.42 | 0.43 | 1.73 | -4.56 | 2.81 | 1.80 |
| EPS Growth % | 120.22% | -100.65% | 43.8% | -709.3% | -151.45% | 151.97% | -186.12% | -76.11% | 190.58% | -45.69% | 2.93% | 314.29% |
| EPS (Basic) | 0.18 | -0.02 | -1.36 | -2.62 | -0.89 | 2.54 | -2.42 | 0.43 | 1.86 | -4.56 | 3.04 | 1.94 |
| Diluted Shares Outstanding | 108.21M | 104.24M | 104.08M | 104.08M | 103.98M | 111.79M | 103.42M | 103.91M | 112.97M | 97.49M | 105.63M | 106.06M |