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Terreno Realty Corporation

Data quality: 100%
TRNO
NYSE Real Estate REIT - Industrial
$61.66
▲ $0.66 (1.08%)
Mkt Cap: 6.41B
Day Range
$60.78 $61.88
52-Week Range
$48.18 $66.74
Volume
411,766
50D / 200D Avg
$63.28 / $59.65
Prev Close
$61.00

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E 15.9 11.2
P/B 1.5 0.9
ROE % 10.3 6.1
Net Margin % 84.6 19.9
Rev Growth 5Y % 21.0 7.0
D/E 0.2 0.9

Analyst Price Target

Hold
$69.60 +12.9%
Low: $60.00 High: $79.00
Forward P/E
45.45
Forward EPS
$1.36
EPS Growth (est.)
+0.0%
Est. Revenue
508.07M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2030 $0.00
$0.00 – $0.00
774.00M 0
FY2029 $1.66
$1.60 – $1.75
689.65M 1
FY2028 $1.57
$1.51 – $1.65
639.82M 1

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-04 $1.20 $0.83 -30.8%
2025-11-05 $0.65 $0.67 +3.1%
2025-08-06 $0.65 $0.64 -1.5%
2025-05-07 $0.63 $0.62 -1.6%
2025-02-05 $0.38 $0.76 +100.0%
2024-11-06 $0.61 $0.62 +1.6%
2024-08-07 $0.54 $0.61 +13.0%
2024-05-08 $0.36 $0.40 +11.1%

Dividend History

7 yr streak

Yield

0.03%

Payout Ratio

0.51%

Growth (3Y)

4.15%

Growth (5Y)

8.34%

Ex-Date Payment Date Amount Yield
Mar 27, 2026 Apr 10, 2026 $0.52 2.76%
Dec 15, 2025 Jan 09, 2026 $0.17 2.76%
Sep 29, 2025 Oct 10, 2025 $0.52 3.52%
Jun 27, 2025 Jul 11, 2025 $0.49 3.49%
Mar 27, 2025 Apr 04, 2025 $0.49 3.04%
Dec 13, 2024 Jan 07, 2025 $0.49 3.02%
Sep 30, 2024 Oct 11, 2024 $0.49 2.75%
Jun 28, 2024 Jul 12, 2024 $0.45 3.04%
Mar 27, 2024 Apr 05, 2024 $0.45 2.68%
Dec 14, 2023 Jan 05, 2024 $0.45 2.75%
Sep 28, 2023 Oct 13, 2023 $0.45 2.90%
Jun 29, 2023 Jul 14, 2023 $0.40 2.70%
Mar 30, 2023 Apr 06, 2023 $0.40 2.43%
Dec 29, 2022 Jan 13, 2023 $0.40 2.57%
Sep 29, 2022 Oct 14, 2022 $0.40 2.71%
Jun 29, 2022 Jul 14, 2022 $0.34 2.40%
Mar 24, 2022 Apr 08, 2022 $0.34 1.86%
Dec 14, 2021 Jan 05, 2022 $0.34 1.58%
Sep 30, 2021 Oct 15, 2021 $0.34 1.91%
Jun 29, 2021 Jul 14, 2021 $0.29 1.78%

Key Takeaways

Revenue grew 21.04% annually over 5 years — strong growth
Earnings grew 118.43% over the past year
ROE of 10.32% — decent returns on equity
Net margin of 84.59% shows strong profitability
Debt/Equity of 0.23 — conservative balance sheet
Generating 208.46M in free cash flow

Growth

Revenue Growth (5Y)
21.04%
Revenue (1Y)24.51%
Earnings (1Y)118.43%
FCF Growth (3Y)28.31%

Quality

Return on Equity
10.32%
ROIC2.84%
Net Margin84.59%
Op. Margin40.39%

Safety

Debt / Equity
0.23
Current Ratio0.08
Interest Coverage5.86

Valuation

P/E Ratio
15.89
Forward P/E44.98
P/B Ratio1.54
EV/EBITDA38.06
Dividend Yield0.03%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 24.51% Revenue Growth (3Y) 21.33%
Earnings Growth (1Y) 118.43% Earnings Growth (3Y) 63.12%
Revenue Growth (5Y) 21.04% Earnings Growth (5Y) 46.60%
Profitability
Revenue (TTM) 476.38M Net Income (TTM) 402.99M
ROE 10.32% ROA 7.48%
Gross Margin 75.84% Operating Margin 40.39%
Net Margin 84.59% Free Cash Flow (TTM) 208.46M
ROIC 2.84% FCF Growth (3Y) 28.31%
Safety
Debt / Equity 0.23 Current Ratio 0.08
Interest Coverage 5.86
Dividends
Dividend Yield 0.03% Payout Ratio 0.51%
Dividend Growth (3Y) 4.15% Dividend Growth (5Y) 8.34%
Consecutive Div Years 7 yrs
Valuation
P/E Ratio 15.89 Forward P/E 44.98
P/B Ratio 1.54 P/S Ratio 13.45
PEG Ratio 0.14 Forward PEG N/A
EV/EBITDA 38.06 Fwd EV/EBITDA 16.93
Forward P/S 12.61 Fwd Earnings Yield 2.22%
FCF Yield 3.25%
Market Cap 6.41B Enterprise Value 7.32B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 476.38M 382.62M 323.59M 276.21M 221.93M
Net Income 402.99M 184.50M 151.46M 198.01M 87.25M
EPS (Diluted) 3.92 1.92 1.81 2.61 0.87
Gross Profit 361.28M 284.53M 244.51M 207.31M 165.68M
Operating Income 192.43M 148.03M 133.35M 110.35M 88.03M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 5.39B 4.77B 3.90B 3.16B 2.92B
Total Liabilities 1.24B 1.11B 990.05M 934.59M 866.25M
Shareholders' Equity 4.15B 3.66B 2.91B 2.23B 2.06B
Total Debt 943.34M 823.44M 771.56M 770.82M 720.67M
Cash & Equivalents 25.02M 18.07M 165.40M 26.39M 204.40M
Current Assets 27.93M 24.61M 222.34M 75.48M 244.00M
Current Liabilities 331.46M 210.09M 100.84M 80.45M 70.64M

Strategy Scores

This stock passed the criteria for 1 strategy

Score = fit strength (0–100)
Rank = position among all matches
#69 of 332
66

Recent Activity

Entered Growth at a Reasonable Price (Peter Lynch)
Mar 24, 2026