NYSE · REIT - Industrial

Terreno Realty Corporation (TRNO) Stock

$65.15 -0.75% NYSE: TRNO Real Estate

Valuation

MetricValue
Price$65.15
Market Cap$7.10B
P/E Ratio17.32
P/B Ratio1.55
P/S Ratio13.62
EPS (TTM)$3.92
52-Week High$78.94
52-Week Low$55.92
Dividend Yield3.54%

Financials & Margins

MetricValue
ROE9.21%
ROA6.80%
ROCE3.68%
Gross Margin63.89%
Operating Margin40.81%
Net Margin77.27%
Debt/Equity0.24
Current Ratio0.08

Annual Financials (USD)

Metric20212022202320242025
Revenue$222.0M$276.0M$324.0M$383.0M$476.0M
Operating Profit$88.0M$110.0M$133.0M$148.0M$192.0M
Net Profit$87.0M$198.0M$151.0M$184.0M$403.0M
EPS$0.87$2.61$1.81$1.92$3.92
Op Margin39.7%40.0%41.2%38.7%40.4%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$2.9B$3.2B$3.9B$4.8B$5.4B
Total Liabilities$866.0M$935.0M$990.0M$1.1B$1.2B
Cash$204.0M$26.0M$165.0M$18.0M$25.0M
Borrowings$721.0M$771.0M$772.0M$823.0M$943.0M

Latest News

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity Business Wire · Jul 8, 2026 Terreno Realty's Latest Leasing Moves: What Investors Need to Know Now Zacks · Jul 3, 2026 Terreno Realty Corporation Announces Leases in Doral, FL Business Wire · Jul 2, 2026 Terreno Realty Corporation Announces Leases in Hialeah, FL Business Wire · Jul 1, 2026 Terreno Realty Corporation Announces Lease in Union City, CA Business Wire · Jun 30, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$132.0M$143.0M$180.0M$233.0M$272.0M
Investing Cash Flow$-718.0M$-404.0M$-623.0M$-962.0M$-516.0M
Financing Cash Flow$-5.0M$-3.0M$-2.0M$-9.0M$-4.0M
Net Cash Flow$97.0M$-177.0M$138.0M$-148.0M$7.0M
Free Cash Flow$81.0M$77.0M$127.0M$186.0M$208.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.36
EV / EBITDA14.30
FCF Yield2.71%
Quick Ratio1.04
Interest Coverage5.91
Return 1Y20.59%
Return 3Y27.72%
Return 5Y20.69%

Ownership

Insiders Held1.94%
Institutions Held112.26%
Institutions Float Held114.47%
Institutional HolderSharesReport Date
Blackrock Inc.17,798,7222026-03-31
FMR, LLC11,488,6472026-03-31
Vanguard Portfolio Management LLC10,317,8372026-03-31
State Street Corporation5,802,1322026-03-31
Vanguard Capital Management LLC4,637,9852026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
EGPEastGroup Properties, Inc. $199.02 -1.82% 34.29 $10.70B 3.58%
FRFirst Industrial Realty Trust, Inc. $65.01 +0.18% 25.10 $8.62B 3.08%
IIPRInnovative Industrial Properties, Inc. $54.21 -0.64% 11.20 $1.49B 15.04%
REXRRexford Industrial Realty, Inc. $38.71 +6.70% -20.10 $8.85B 4.70%
STAGStag Industrial, Inc. $36.43 -0.22% 27.73 $7.02B 4.30%

About Terreno Realty Corporation

Terreno Realty Corporation is led by CEO W. Blake Baird, employs 47 people, headquartered in Bellevue, US, publicly traded since 2010.

Terreno Realty Corporation (TRNO) stock trades at $65.15 with a market capitalization of $7.10B. The stock is valued at a price-to-earnings (P/E) ratio of 17.32, price-to-book of 1.55, price-to-sales of 13.62. Over the past 52 weeks the stock has ranged between $55.92 and $78.94, and currently trades 17.5% below its 52-week high. It pays a dividend yielding 3.54%.

On profitability, Terreno Realty Corporation generates a return on equity (ROE) of 9.21%, return on capital employed of 3.68%, an operating margin of 40.81%, a net profit margin of 77.27%.

Terreno Realty Corporation by the numbers, 2016–2025

Between 2016 and 2025 Terreno Realty Corporation reported revenue of $108.0M rising to $476.0M, a change of +340.7% across 10 years. Compounded, revenue has grown 20.6% a year over five years, 19.9% over three, 24.3% over the last twelve months. Net profit rose to $403.0M.

Operating margin went from 26.0% in 2016 to 40.4% in 2025, a gain of 14.4 percentage points. The most recent net margin is 77.27%. On a trailing twelve-month basis to Jun '26, revenue is $502.0M and net profit $388.0M.

Borrowings rose from $415.0M to $943.0M, cash from operations was $272.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 6.6% over five years, and was 9.7% in the most recent year.

The share price itself has compounded at 3.0% a year over five years, 7.5% over three, 17.6% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Terreno Realty Corporation (TRNO) — frequently asked questions

What is Terreno Realty Corporation (TRNO) stock price today?

Terreno Realty Corporation (TRNO) is currently trading at $65.15, down 0.75% today.

What is TRNO P/E ratio?

Terreno Realty Corporation's P/E ratio is 17.32. This is between 15x and 30x, around the typical market average of roughly 18-22x.

What is TRNO return on equity (ROE)?

Terreno Realty Corporation's return on equity (ROE) is 9.21%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is Terreno Realty Corporation's market cap?

Terreno Realty Corporation has a market capitalization of $7.10B.

Does TRNO pay a dividend?

Yes. Terreno Realty Corporation currently yields 3.54%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does TRNO carry?

Terreno Realty Corporation has a debt-to-equity ratio of 0.24. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is TRNO's profit margin?

Terreno Realty Corporation reports a net profit margin of 77.27% — the share of revenue left after every cost, including tax and interest.

What sector is TRNO in?

Terreno Realty Corporation is classified under Real Estate, in the REIT - Industrial industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is TRNO listed on?

Terreno Realty Corporation trades on NYSE under the ticker TRNO.

What is TRNO's 52-week range?

Over the last year Terreno Realty Corporation has traded between $55.92 and $78.94.

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Screens TRNO currently matches

On the figures above, Terreno Realty Corporation passes the filters for 15 of our ready-made screens, among them Dividend Stocks, Low Debt Dividend Stocks, Low Debt Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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