Current Federal, State and Local, Tax Expense (Benefit)
Two Harbors Investment Corporation Current Federal, State and Local, Tax Expense (Benefit) remained flat by 0.0% to $4.29M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.1%, from $3.22M to $4.29M. Over 4 years (FY 2021 to FY 2025), Current Federal, State and Local, Tax Expense (Benefit) shows an upward trend with a 76.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates higher taxable income or changes in tax regulations, while a decrease may signal lower profitability or tax planning benefits.
Detailed definition
Represents the total current income tax expense or benefit recognized in the period for federal, state, and local jurisd...
Peer comparison
Standard across all public companies; peers will report this as 'Current Tax Provision'.
other_current_federal_state_and_local_tax_expense_benefitHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | -$1.77M | -$1.03M | $8.47M | $12.89M | $17.16M |
| YoY Change | — | +41.9% | +924.3% | +52.1% | +33.1% |
Current Federal, State and Local, Tax Expense (Benefit) at Other Companies
Frequently Asked Questions
- What is Two Harbors Investment Corporation's current federal, state and local, tax expense (benefit)?
- Two Harbors Investment Corporation (TWO) reported current federal, state and local, tax expense (benefit) of $4.29M in Q4 2025.
- How has Two Harbors Investment Corporation's current federal, state and local, tax expense (benefit) changed year-over-year?
- Two Harbors Investment Corporation's current federal, state and local, tax expense (benefit) increased by 33.1% year-over-year, from $3.22M to $4.29M.
- What is the long-term trend for Two Harbors Investment Corporation's current federal, state and local, tax expense (benefit)?
- Over 4 years (2021 to 2025), Two Harbors Investment Corporation's current federal, state and local, tax expense (benefit) has grown at a 76.5% compound annual growth rate (CAGR), from -$1.77M to $17.16M.
- What does current federal, state and local, tax expense (benefit) mean?
- The total amount of income tax currently owed to or receivable from federal, state, and local governments.