Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent
Two Harbors Investment Corporation Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent remained flat by 0.0% to $0.00 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 73.9%, from $0.01 to $0.00. Over 4 years (FY 2021 to FY 2025), Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent shows an upward trend with a -37.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A higher percentage indicates a greater tax burden from state and local jurisdictions relative to federal obligations.
Detailed definition
Measures the impact of state and local income taxes on the company's overall effective tax rate, expressed as a percenta...
Peer comparison
Commonly disclosed in tax rate reconciliations; varies significantly based on the company's physical presence in high-tax versus low-tax states.
other_effective_income_tax_rate_reconciliation_state_and_443004Historical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | -$0.04 | $0.03 | -$0.03 | $0.02 | $0.01 |
| YoY Change | — | +175.0% | -193.3% | +182.1% | -73.9% |
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent at Other Companies
Frequently Asked Questions
- What is Two Harbors Investment Corporation's effective income tax rate reconciliation, state and local income taxes, percent?
- Two Harbors Investment Corporation (TWO) reported effective income tax rate reconciliation, state and local income taxes, percent of $0.00 in Q4 2025.
- How has Two Harbors Investment Corporation's effective income tax rate reconciliation, state and local income taxes, percent changed year-over-year?
- Two Harbors Investment Corporation's effective income tax rate reconciliation, state and local income taxes, percent decreased by 73.9% year-over-year, from $0.01 to $0.00.
- What is the long-term trend for Two Harbors Investment Corporation's effective income tax rate reconciliation, state and local income taxes, percent?
- Over 4 years (2021 to 2025), Two Harbors Investment Corporation's effective income tax rate reconciliation, state and local income taxes, percent has grown at a -37.8% compound annual growth rate (CAGR), from -$0.04 to $0.01.
- What does effective income tax rate reconciliation, state and local income taxes, percent mean?
- The percentage impact of state and local taxes on the company's total effective tax rate.