Terreno Realty Corp TRNO

Latest FY: 2025 Real Estate REIT - Industrial
Market Price $68.25
Market Cap $7.28B
P/E Ratio 17.45
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑24.5% YoY
$476.38M
3-Yr CAGR: 19.9%
Net Income ↑118.4% YoY
$402.99M
Net Margin: 84.6%
Free Cash Flow ↑11.9% YoY
$208.46M
FCF Yield: 2.86%
EPS (Diluted) ↑103.6% YoY
$3.91
Basic: $3.92
Return on Equity Efficiency
9.7%
ROA: 7.5%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (TRNO)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $108.4M $95.4M $15.1M $49.2M
FY 2017 $132.5M +22.2% $115.7M $53.1M +251.2% $0.95 $69.5M
FY 2018 $151.7M +14.5% $133.4M $63.3M +19.2% $1.09 +14.7% $77.6M
FY 2019 $171.0M +12.8% $154.7M $55.5M -12.3% $0.85 -22.0% $94.7M
FY 2020 $186.9M +9.3% $170.9M $79.8M +43.7% $1.16 +36.5% $101.0M
FY 2021 $221.9M +18.8% $203.9M $87.3M +9.3% $1.23 +6.0% $132.2M
FY 2022 $276.2M +24.5% $252.4M $198.0M +126.9% $2.61 +112.2% $143.2M $76.6M
FY 2023 $323.6M +17.2% $298.8M $151.5M -23.5% $1.81 -30.7% $179.7M $126.6M +65.3%
FY 2024 $382.6M +18.2% $361.7M $184.5M +21.8% $1.92 +6.1% $232.7M $186.3M +47.1%
FY 2025 $476.4M +24.5% $443.5M $403.0M +118.4% $3.91 +103.6% $271.9M $208.5M +11.9%
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Valuation

Market Price $68.25
Market Cap $7.28B
Enterprise Value $8.20B
P/E Ratio 17.45
P/B Ratio 1.74
FCF Yield 2.86%
Dividend Yield 2.96%
Shares Outstanding 105,717,400
%

Profitability & Margins

Gross Margin 93.10%
Operating Margin 44.27%
Net Margin 84.59%
Return on Equity (ROE) 9.72%
Return on Assets (ROA) 7.48%
Asset Turnover 0.09x
Revenue 3-Yr CAGR 19.92%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.228
Debt / Assets 0.175
Cash & Equivalents $25.02M
Total Debt $943.34M
Book Value / Share $39.22
💧

Cash Flow Efficiency

Operating Cash Flow $271.86M
Capital Expenditures (CapEx) $63.41M
Free Cash Flow $208.46M
OCF / Revenue 57.07%
FCF / Revenue 43.76%
FCF 3-Yr CAGR 39.61%
🏷️

Per Share Metrics

EPS (Diluted) $3.91
EPS (Basic) $3.92
Dividends / Share $2.02
Book Value / Share $39.22
EPS YoY Growth 103.65%
🏛️

Balance Sheet (FY 2025)

Total Assets $5.39B
Total Liabilities $1.24B
Stockholders' Equity $4.15B
Current Assets N/A
Current Liabilities N/A