(TRNO) Terreno Realty - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88146M1018

Industrial Buildings, Warehouse Units, Distribution Centers

TRNO EPS (Earnings per Share)

EPS (Earnings per Share) of TRNO over the last years for every Quarter: "2020-09": 0.33, "2020-12": 0.19, "2021-03": 0.24, "2021-06": 0.25, "2021-09": 0.3, "2021-12": 0.44, "2022-03": 0.26, "2022-06": 1.28, "2022-09": 0.3, "2022-12": 0.77, "2023-03": 0.29, "2023-06": 0.48, "2023-09": 0.36, "2023-12": 0.67, "2024-03": 0.4, "2024-06": 0.37, "2024-09": 0.37, "2024-12": 0.76, "2025-03": 0.36, "2025-06": 0.37, "2025-09": 0,

TRNO Revenue

Revenue of TRNO over the last years for every Quarter: 2020-09: 47.147, 2020-12: 48.879, 2021-03: 50.691, 2021-06: 53.295, 2021-09: 57.269, 2021-12: 60.675, 2022-03: 64.035, 2022-06: 65.369, 2022-09: 70.801, 2022-12: 76.007, 2023-03: 74.651, 2023-06: 79.535, 2023-09: 82.92, 2023-12: 86.484, 2024-03: 85.03, 2024-06: 94.247, 2024-09: 99.635, 2024-12: 103.709, 2025-03: 110.42, 2025-06: 112.234, 2025-09: null,

Description: TRNO Terreno Realty July 28, 2025

Terreno Realty Corporation is a real estate investment trust (REIT) that specializes in acquiring, owning, and operating industrial real estate in six major coastal U.S. markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. As of March 31, 2025, the company has a substantial portfolio consisting of 298 buildings with approximately 19.3 million square feet, 47 improved land parcels covering around 150.6 acres, and five properties under development or redevelopment, with an additional 22.4 acres of land held for future development.

From a financial perspective, Terreno Realty Corporation has a market capitalization of approximately $5.77 billion USD, indicating a significant presence in the industrial REIT sector. The companys price-to-earnings ratio stands at 28.22, while its forward P/E ratio is 79.37, suggesting potential for growth. Return on Equity (RoE) is 5.37%, which is a key performance indicator (KPI) for investors. Other relevant KPIs for Terreno Realty Corporation could include Funds From Operations (FFO) per share, Adjusted Funds From Operations (AFFO) per share, and the debt-to-equity ratio, which are crucial metrics for evaluating the financial health and operational efficiency of REITs.

In terms of its operational footprint, Terreno Realty Corporations focus on major coastal U.S. markets positions it well for potential long-term growth, given the strategic importance of these locations for logistics and distribution networks. The companys internally managed structure and REIT status also contribute to its operational efficiency and tax advantages, respectively. As the industrial real estate sector continues to evolve, driven by e-commerce and changing supply chain dynamics, Terreno Realty Corporations portfolio and market positioning will be critical factors in its ability to capitalize on emerging opportunities.

TRNO Stock Overview

Market Cap in USD 6,318m
Sub-Industry Industrial REITs
IPO / Inception 2010-02-10

TRNO Stock Ratings

Growth Rating 1.90%
Fundamental 64.7%
Dividend Rating 73.9%
Return 12m vs S&P 500 -15.9%
Analyst Rating 3.44 of 5

TRNO Dividends

Dividend Yield 12m 3.25%
Yield on Cost 5y 3.85%
Annual Growth 5y 13.82%
Payout Consistency 99.4%
Payout Ratio 107.0%

TRNO Growth Ratios

Growth Correlation 3m 78.6%
Growth Correlation 12m -44.6%
Growth Correlation 5y 18.4%
CAGR 5y 6.33%
CAGR/Max DD 3y (Calmar Ratio) 0.24
CAGR/Mean DD 3y (Pain Ratio) 0.69
Sharpe Ratio 12m 0.29
Alpha -17.69
Beta 1.058
Volatility 23.54%
Current Volume 750.9k
Average Volume 20d 599.3k
Stop Loss 59 (-3.1%)
Signal -0.46

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (254.1m TTM) > 0 and > 6% of Revenue (6% = 25.6m TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA 1.71pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 15.56% (prev 17.51%; Δ -1.95pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.05 (>3.0%) and CFO 243.4m <= Net Income 254.1m (YES >=105%, WARN >=100%)
Net Debt (614.0m) to EBITDA (384.2m) ratio: 1.60 <= 3.0 (WARN <= 3.5)
Current Ratio 1.53 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (103.0m) change vs 12m ago 6.85% (target <= -2.0% for YES)
Gross Margin 74.15% (prev 62.51%; Δ 11.65pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 9.02% (prev 7.81%; Δ 1.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 11.12 (EBITDA TTM 384.2m / Interest Expense TTM 25.1m) >= 6 (WARN >= 3)

Altman Z'' 0.71

(A) 0.01 = (Total Current Assets 190.4m - Total Current Liabilities 124.1m) / Total Assets 4.98b
(B) 0.03 = Retained Earnings (Balance) 135.4m / Total Assets 4.98b
(C) 0.06 = EBIT TTM 279.3m / Avg Total Assets 4.72b
(D) 0.13 = Book Value of Equity 136.5m / Total Liabilities 1.04b
Total Rating: 0.71 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.72

1. Piotroski 7.0pt = 2.0
2. FCF Yield 2.67% = 1.33
3. FCF Margin 43.40% = 7.50
4. Debt/Equity 0.19 = 2.48
5. Debt/Ebitda 1.60 = 0.78
6. ROIC - WACC (= -4.07)% = -5.09
7. RoE 6.72% = 0.56
8. Rev. Trend 98.69% = 7.40
9. EPS Trend -44.90% = -2.25

What is the price of TRNO shares?

As of October 25, 2025, the stock is trading at USD 60.91 with a total of 750,900 shares traded.
Over the past week, the price has changed by +1.74%, over one month by +5.17%, over three months by +5.59% and over the past year by -1.02%.

Is Terreno Realty a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Terreno Realty is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.72 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TRNO is around 57.14 USD . This means that TRNO is currently overvalued and has a potential downside of -6.19%.

Is TRNO a buy, sell or hold?

Terreno Realty has received a consensus analysts rating of 3.44. Therefor, it is recommend to hold TRNO.
  • Strong Buy: 3
  • Buy: 4
  • Hold: 10
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the TRNO price?

Issuer Target Up/Down from current
Wallstreet Target Price 63.4 4%
Analysts Target Price 63.4 4%
ValueRay Target Price 64 5%

TRNO Fundamental Data Overview October 24, 2025

Market Cap USD = 6.32b (6.32b USD * 1.0 USD.USD)
P/E Trailing = 24.1739
P/E Forward = 79.3651
P/S = 14.8309
P/B = 1.5114
P/EG = 7.7
Beta = 1.058
Revenue TTM = 426.0m USD
EBIT TTM = 279.3m USD
EBITDA TTM = 384.2m USD
Long Term Debt = 742.4m USD (from longTermDebt, last quarter)
Short Term Debt = 82.0m USD (from shortTermDebt, last fiscal year)
Debt = 742.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 614.0m USD (from netDebt column, last quarter)
Enterprise Value = 6.93b USD (6.32b + Debt 742.4m - CCE 128.4m)
Interest Coverage Ratio = 11.12 (Ebit TTM 279.3m / Interest Expense TTM 25.1m)
FCF Yield = 2.67% (FCF TTM 184.9m / Enterprise Value 6.93b)
FCF Margin = 43.40% (FCF TTM 184.9m / Revenue TTM 426.0m)
Net Margin = 59.66% (Net Income TTM 254.1m / Revenue TTM 426.0m)
Gross Margin = 74.15% ((Revenue TTM 426.0m - Cost of Revenue TTM 110.1m) / Revenue TTM)
Gross Margin QoQ = 75.13% (prev 73.95%)
Tobins Q-Ratio = 1.39 (Enterprise Value 6.93b / Total Assets 4.98b)
Interest Expense / Debt = 0.95% (Interest Expense 7.04m / Debt 742.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 220.6m (EBIT 279.3m * (1 - 21.00%))
Current Ratio = 1.53 (Total Current Assets 190.4m / Total Current Liabilities 124.1m)
Debt / Equity = 0.19 (Debt 742.4m / totalStockholderEquity, last quarter 3.94b)
Debt / EBITDA = 1.60 (Net Debt 614.0m / EBITDA 384.2m)
Debt / FCF = 3.32 (Net Debt 614.0m / FCF TTM 184.9m)
Total Stockholder Equity = 3.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.10% (Net Income 254.1m / Total Assets 4.98b)
RoE = 6.72% (Net Income TTM 254.1m / Total Stockholder Equity 3.78b)
RoCE = 6.17% (EBIT 279.3m / Capital Employed (Equity 3.78b + L.T.Debt 742.4m))
RoIC = 4.87% (NOPAT 220.6m / Invested Capital 4.53b)
WACC = 8.95% (E(6.32b)/V(7.06b) * Re(9.91%) + D(742.4m)/V(7.06b) * Rd(0.95%) * (1-Tc(0.21)))
Discount Rate = 9.91% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.51%
[DCF Debug] Terminal Value 75.35% ; FCFE base≈146.6m ; Y1≈178.0m ; Y5≈292.8m
Fair Price DCF = 34.96 (DCF Value 3.61b / Shares Outstanding 103.3m; 5y FCF grow 22.90% → 3.0% )
EPS Correlation: -44.90 | EPS CAGR: -67.40% | SUE: -2.25 | # QB: 0
Revenue Correlation: 98.69 | Revenue CAGR: 18.24% | SUE: -0.11 | # QB: 0

Additional Sources for TRNO Stock

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