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
Reflects the immediate tax impact of operations; a benefit indicates a tax refund or credit exceeding current liabilities.
Detailed definition
The aggregate current income tax expense or benefit for the period, representing the total amount payable to or recovera...
Peer comparison
Standard tax disclosure for all U.S. reporting entities.
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 current income tax expense or benefit for the period.