Is a complete TRNO research report available?

No complete published report is available for Terreno Realty Corporation (TRNO) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Terreno Realty Corporation (TRNO)

NYSE: TRNO · USD

$63.6

-1.45 (-2.2%)· Recorded snapshot

Market cap	6.9B
Revenue (ttm)	502.9M
Net income (ttm)	386.8M
EPS (ttm)	$3.70
Shares out	109M
P/E (trailing)	17.2x
P/E (forward)	37.2x
Dividend	$2.28 (3.58%)
Volume	497,248
Beta	1.04

Market data

Price

Recent price action with selectable time range.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AMT	American Tower Corporation	85.1B	25.8x	7.5x	7.8%	+4.0%	+0.7%	Ridurre
ARE	Alexandria Real Estate Equities Inc.	6.9B	—	2.4x	0.9%	+6.6%	-45.8%	Mantenere
CCI	Crown Castle Inc.	37.4B	46.3x	9.1x	5.1%	-7.9%	-6.2%	Vendere

Metric	Value
Amount currency	USD
CIK code	0001476150
Company name	Terreno Realty Corporation
Country	United States
Country code	US
CUSIP number	88146M101
Earnings date	2026-11-09
Earnings time	amc
Employees	47
Employees change	-2
Employees growth	-4.08%
Enterprise value	$7.8B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2009
In index	RUSSELL2000
Industry	REIT - Industrial
IPO date	2010-02-10
Is primary listing	Yes
Is SPAC	No
ISIN number	US88146M1018
Last 10-K release date	2026-02-04
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$6.9B
Market cap category	Mid-Cap
Next earnings date	2026-11-09
Options	Yes
Price	$63.62
Price currency	USD
Sector	Real Estate
SIC code	6500
Stock price date	2026-10-28
Symbol	TRNO
U.S. state	Washington
Website	https://www.terreno.com

Metric

Value

Amount currency

USD

CIK code

0001476150

Company name

Terreno Realty Corporation

Country

United States

Country code

CUSIP number

88146M101

Earnings date

2026-11-09

Earnings time

amc

Employees

Employees change

-2

Employees growth

-4.08%

Enterprise value

$7.8B

Exchange

NYSE

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

2009

In index

RUSSELL2000

Industry

REIT - Industrial

IPO date

2010-02-10

Is primary listing

Yes

Is SPAC

ISIN number

US88146M1018

Last 10-K release date

2026-02-04

Last earnings date

2026-08-05

Last refreshed

2026-10-28

Last stock split type

Never

Market cap

$6.9B

Market cap category

Mid-Cap

Next earnings date

2026-11-09

Options

Yes

Price

$63.62

Price currency

USD

Sector

Real Estate

SIC code

6500

Stock price date

2026-10-28

Symbol

TRNO

U.S. state

Washington

Website

https://www.terreno.com

Metric	Value
Adjusted P/E ratio	33.38x
Average P/E ratio (10Y)	47.21x
Average P/E ratio (3Y)	28.02x
Average P/E ratio (5Y)	33.43x
Earnings yield	5.81%
EV/Earnings	20.25x
EV/EBIT	37.57x
EV/EBITDA	25.77x
EV/Sales	15.58x
FCF / EV yield	-8.76%
FCF yield	-9.9%
Forward EV/Sales	14.53x
Forward P/E	37.23x
Forward P/S	12.86x
Graham number	58.49693
Graham upside	-8.11%
Industry forward P/E	35.87x
Industry P/E	36.68x
Lynch fair value	$92.41
Lynch upside	45.16%
P/(OCF - SBC) ratio	25.83x
P/B ratio	1.58x
P/E ratio	17.21x
P/FFO ratio	22.12x
P/OCF ratio	24.2x
P/S ratio	13.79x
PEG ratio	10.17x
Price / tangible book value	1.6x
Price/EBITDA ratio	22.81x
Sector forward P/E	29.99x
Sector P/E	40.99x

Metric

Value

Adjusted P/E ratio

33.38x

Average P/E ratio (10Y)

47.21x

Average P/E ratio (3Y)

28.02x

Average P/E ratio (5Y)

33.43x

Earnings yield

5.81%

EV/Earnings

20.25x

EV/EBIT

37.57x

EV/EBITDA

25.77x

EV/Sales

15.58x

FCF / EV yield

-8.76%

FCF yield

-9.9%

Forward EV/Sales

14.53x

Forward P/E

37.23x

Forward P/S

12.86x

Graham number

58.49693

Graham upside

-8.11%

Industry forward P/E

35.87x

Industry P/E

36.68x

Lynch fair value

$92.41

Lynch upside

45.16%

P/(OCF - SBC) ratio

25.83x

P/B ratio

1.58x

P/E ratio

17.21x

P/FFO ratio

22.12x

P/OCF ratio

24.2x

P/S ratio

13.79x

PEG ratio

10.17x

Price / tangible book value

1.6x

Price/EBITDA ratio

22.81x

Sector forward P/E

29.99x

Sector P/E

40.99x

Metric	Value
EBIT margin	41.46%
EBITDA margin	60.46%
Gross margin	76.21%
Operating margin	41.46%
Pretax margin	77.27%
Profit margin	77.27%
Profit per employee	$8.2M
Profitable quarters	42
Profitable years	14
Revenue per employee	$10.7M
ROA	2.44%
ROA (5Y)	2.26%
ROCE	3.8%
ROE	9.28%
ROE (5Y)	7.17%
ROIC	2.59%
SBC / revenue	3.59%

Metric

Value

EBIT margin

41.46%

EBITDA margin

60.46%

Gross margin

76.21%

Operating margin

41.46%

Pretax margin

77.27%

Profit margin

77.27%

Profit per employee

$8.2M

Profitable quarters

Profitable years

Revenue per employee

$10.7M

ROA

2.44%

ROA (5Y)

2.26%

ROCE

3.8%

ROE

9.28%

ROE (5Y)

7.17%

ROIC

2.59%

SBC / revenue

3.59%

Metric	Value
EPS growth	46.51%
EPS growth (Q)	-40.24%
EPS growth (QoQ)	-18.35%
EPS growth 10Y	30.31%
EPS growth 3Y	26.4%
EPS growth 5Y	29.87%
EPS growth years	2
Net income growth	52.91%
Net income growth (Q)	-38.28%
Net income growth (QoQ)	-17.07%
Net income growth 3Y	38.94%
Net income growth 5Y	40.91%
Net income growth years	2
OCF growth	17.77%
OCF growth (Q)	23.57%
OCF growth (QoQ)	20.99%
OCF growth 10Y	20.43%
OCF growth 3Y	19.65%
OCF growth 5Y	20.06%
Revenue growth	18.05%
Revenue growth (Q)	11.12%
Revenue growth (QoQ)	0.22%
Revenue growth 10Y	17.53%
Revenue growth 3Y	18.66%
Revenue growth 5Y	20.25%
Revenue growth quarters	62
Revenue growth years	15

Metric

Value

EPS growth

46.51%

EPS growth (Q)

-40.24%

EPS growth (QoQ)

-18.35%

EPS growth 10Y

30.31%

EPS growth 3Y

26.4%

EPS growth 5Y

29.87%

EPS growth years

Net income growth

52.91%

Net income growth (Q)

-38.28%

Net income growth (QoQ)

-17.07%

Net income growth 3Y

38.94%

Net income growth 5Y

40.91%

Net income growth years

OCF growth

17.77%

OCF growth (Q)

23.57%

OCF growth (QoQ)

20.99%

OCF growth 10Y

20.43%

OCF growth 3Y

19.65%

OCF growth 5Y

20.06%

Revenue growth

18.05%

Revenue growth (Q)

11.12%

Revenue growth (QoQ)

0.22%

Revenue growth 10Y

17.53%

Revenue growth 3Y

18.66%

Revenue growth 5Y

20.25%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	$-973.2M
Depreciation and amortization	$125.3M
EBIT	$208.5M
EBITDA	$304.1M
EPS	$3.70
FCF per share	$-6.30
Financing cash flow	$287M
Free cash flow	$-686.6M
Free cash flow minus SBC	$-704.6M
Funds from operations (FFO)	$301.2M
Gross profit	$383.2M
Investing cash flow	$-650.3M
Net cash flow	$-76.7M
Net income	$386.8M
Operating cash flow minus SBC	$268.6M
Operating income	$208.5M
Revenue	$502.9M
Stock-based compensation	$18M

Metric

Value

Capital expenditures

$-973.2M

Depreciation and amortization

$125.3M

EBIT

$208.5M

EBITDA

$304.1M

EPS

$3.70

FCF per share

$-6.30

Financing cash flow

$287M

Free cash flow

$-686.6M

Free cash flow minus SBC

$-704.6M

Funds from operations (FFO)

$301.2M

Gross profit

$383.2M

Investing cash flow

$-650.3M

Net cash flow

$-76.7M

Net income

$386.8M

Operating cash flow minus SBC

$268.6M

Operating income

$208.5M

Revenue

$502.9M

Stock-based compensation

$18M

Metric	Value
Book value per share	$41.15
Debt / EBITDA	3.12
Debt / equity	0.21
Interest coverage	5.92
Net cash (debt)	$-897.1M
Net cash / market cap	-12.93%
Net debt / EBITDA	2.95
Net debt / equity	0.2
Piotroski F-Score	4
Property, plant and equipment	$5.5B
Shareholders' equity	$4.4B
Tangible book value	$4.3B
Tangible book value per share	$40.34
Total assets	$5.7B
Total cash	$51.2M
Total debt	$948.3M
Total liabilities	$1.3B
WACC	9.15%

Metric

Value

Book value per share

$41.15

Debt / EBITDA

3.12

Debt / equity

0.21

Interest coverage

5.92

Net cash (debt)

$-897.1M

Net cash / market cap

-12.93%

Net debt / EBITDA

2.95

Net debt / equity

0.2

Piotroski F-Score

Property, plant and equipment

$5.5B

Shareholders' equity

$4.4B

Tangible book value

$4.3B

Tangible book value per share

$40.34

Total assets

$5.7B

Total cash

$51.2M

Total debt

$948.3M

Total liabilities

$1.3B

WACC

9.15%

Metric	Value
Asset turnover	0.09
Current ratio	0.62
Net working capital	$-83.7M
Quick ratio	0.61
Working capital	$-83.5M

Metric

Value

Asset turnover

0.09

Current ratio

0.62

Net working capital

$-83.7M

Quick ratio

0.61

Working capital

$-83.5M

Metric	Value
Buyback yield / dilution	-4.26%
Dividend growth	7.04%
Dividend growth (10Y)	11.15%
Dividend growth (3Y)	8.88%
Dividend growth (5Y)	11.07%
Dividend growth years	12
Dividend payment date	2026-10-09
Dividend payment years	16
Dividend payout frequency	Quarterly
Dividend per share	$2.28
Dividend yield	3.58%
Ex-dividend date	2026-09-30
Last dividend	$0.57
Payout ratio	61.68%
Shareholder yield	-0.67%

Metric

Value

Buyback yield / dilution

-4.26%

Dividend growth

7.04%

Dividend growth (10Y)

11.15%

Dividend growth (3Y)

8.88%

Dividend growth (5Y)

11.07%

Dividend growth years

Dividend payment date

2026-10-09

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

$2.28

Dividend yield

3.58%

Ex-dividend date

2026-09-30

Last dividend

$0.57

Payout ratio

61.68%

Shareholder yield

-0.67%

Metric	Value
10Y price change	149.3%
10Y return CAGR	12.48%
10Y total return	224.18%
150-day SMA	$66.53
15Y price change	393.94%
15Y return CAGR	14.32%
15Y total return	644.55%
1D price change	-2.23%
1M price change	-3.71%
1M total return	-2.87%
1W price change	-2.54%
1W total return	-2.54%
1Y price change	4.11%
1Y return CAGR	7.67%
1Y total return	7.66%
20-day SMA	$64.70
200-day SMA	$65.74
3M price change	-12.84%
3M total return	-12.08%
3Y price change	24.92%
3Y return CAGR	11.21%
3Y total return	37.55%
50-day SMA	$65.72
50-day SMA vs 200-day SMA	50under200
52-week high	$78.94
52-week high date	2026-07-17
52-week low	$56.09
52-week low date	2025-11-03
5Y price change	-11.22%
5Y return CAGR	0.56%
5Y total return	2.84%
6M price change	-3.53%
6M total return	-1.92%
All-time high	$86.00
All-time high date	2021-12-31
All-time low	$11.41
All-time low date	2011-11-23
Average true range (ATR)	$1.27
Average volume	648.8K
Beta (1Y)	0.15
Beta (2Y)	0.49
Beta (5Y)	1.04
Change from 52-week high	-19.4%
Change from 52-week low	13.43%
Change from all-time high	-26.02%
Change from all-time low	457.58%
Change from open	-1.47%
Day's gap	-0.77%
Dollar volume	$31.6M
High price	$64.72
Low price	$63.56
Monthly RSI	51.05
Open price	$64.57
Position in 52-week range	5.17%
Premarket change	0.51%
Premarket close	$65.07
Premarket price	$65.40
Previous close	$65.07
Price vs 150-day SMA	-4.37%
Price vs 20-day SMA	-1.66%
Price vs 200-day SMA	-3.23%
Price vs 50-day SMA	-3.19%
Relative volume	0.77
RSI	39.15
Sharpe ratio	0.27
Sharpe ratio (3Y)	0.38
Sharpe ratio (5Y)	-0
Sortino ratio	0.7
Sortino ratio (3Y)	0.8
Sortino ratio (5Y)	0.23
Volume	497.2K
Weekly RSI	43.62
YTD price change	8.36%
YTD total return	11.12%

Metric

Value

10Y price change

149.3%

10Y return CAGR

12.48%

10Y total return

224.18%

150-day SMA

$66.53

15Y price change

393.94%

15Y return CAGR

14.32%

15Y total return

644.55%

1D price change

-2.23%

1M price change

-3.71%

1M total return

-2.87%

1W price change

-2.54%

1W total return

-2.54%

1Y price change

4.11%

1Y return CAGR

7.67%

1Y total return

7.66%

20-day SMA

$64.70

200-day SMA

$65.74

3M price change

-12.84%

3M total return

-12.08%

3Y price change

24.92%

3Y return CAGR

11.21%

3Y total return

37.55%

50-day SMA

$65.72

50-day SMA vs 200-day SMA

50under200

52-week high

$78.94

52-week high date

2026-07-17

52-week low

$56.09

52-week low date

2025-11-03

5Y price change

-11.22%

5Y return CAGR

0.56%

5Y total return

2.84%

6M price change

-3.53%

6M total return

-1.92%

All-time high

$86.00

All-time high date

2021-12-31

All-time low

$11.41

All-time low date

2011-11-23

Average true range (ATR)

$1.27

Average volume

648.8K

Beta (1Y)

0.15

Beta (2Y)

0.49

Beta (5Y)

1.04

Change from 52-week high

-19.4%

Change from 52-week low

13.43%

Change from all-time high

-26.02%

Change from all-time low

457.58%

Change from open

-1.47%

Day's gap

-0.77%

Dollar volume

$31.6M

High price

$64.72

Low price

$63.56

Monthly RSI

51.05

Open price

$64.57

Position in 52-week range

5.17%

Premarket change

0.51%

Premarket close

$65.07

Premarket price

$65.40

Previous close

$65.07

Price vs 150-day SMA

-4.37%

Price vs 20-day SMA

-1.66%

Price vs 200-day SMA

-3.23%

Price vs 50-day SMA

-3.19%

Relative volume

0.77

RSI

39.15

Sharpe ratio

0.27

Sharpe ratio (3Y)

0.38

Sharpe ratio (5Y)

-0

Sortino ratio

0.7

Sortino ratio (3Y)

0.8

Sortino ratio (5Y)

0.23

Volume

497.2K

Weekly RSI

43.62

YTD price change

8.36%

YTD total return

11.12%

Metric	Value
Float	106.8M
Float percentage	98.03%
Shares change (QoQ)	1.38%
Shares change (YoY)	4.26%
Shares held by insiders	1.93%
Shares held by institutions	107.11%
Shares outstanding	109M
Short % of float	5.98%
Short % of shares	5.86%
Short ratio	8.1 days

Metric

Value

Float

106.8M

Float percentage

98.03%

Shares change (QoQ)

1.38%

Shares change (YoY)

4.26%

Shares held by insiders

1.93%

Shares held by institutions

107.11%

Shares outstanding

109M

Short % of float

5.98%

Short % of shares

5.86%

Short ratio

8.1 days

Terreno Realty Corporation (TRNO)

Price

Financial snapshot

Fair-value bridge

Latest news · TRNO

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TRNO indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TRNO

Frequently asked questions