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Company Analysis

Terreno Realty Corporation TRNO

A comprehensive view of key metrics, scores, and financial health for Terreno Realty Corporation

Overview of Terreno Realty Corporation

TRNO NYQ
Real Estate REIT - Industrial Mid Cap
Terreno Realty Corporation (TRNO), is a Mid Cap company, in the REIT - Industrial industry, last closed at $65.95, about 3.9% undervalued vs fair value, +17.3% 1Y return, ranked 101/330 in sector.
Metrics P/E 15.0× Rev Growth 24.5% ROE 10.3% Gross Margin 75.8% Div Yield 3.36%
$65.95
0.18%
As of April 28, 2026
Previous close • Vol 90d: 18.6%
52-Week Range
Market Cap
$6.87B
Enterprise Value
$7.79B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 53%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.terreno.com
HQ Bellevue, WA
Employees 47
Fiscal year Dec 31

Next Events

Earnings May 6 Estimated

Fair Value Snapshot

Bear Base Bull
$61
$68
$77
Current: $65.95 +4% vs base

Engine Room Money Flow™

Mid Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$476.4M
24.5%%
Net Operating Income
$192.4M
30%%
Net Income
$401.2M
118.4%%
FFO (Funds From Operations)
$731.9M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
27.9%
Excellent

Dividends / FFO - basic dividend safety

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$207.2M
29.3% of AFFO

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
2
Active Leaks
2/2
Improving
0
High Impact
0
Critical
Locked Leak
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Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Terreno Realty Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
82
/100
Strong
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Strong
81
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 94% Coverage
Trade-Off Triangle Visualization A ternary plot showing TRNO's balance between Growth (39.7%), Profitability (32.4%), and Safety (28.0%). Growth 40% Safety 28% Profitability 32%

Click axes to expand details. Marker shows current allocation.

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Growth

71th percentile vs peers
71
Key Signals
Rev Growth YoY 24.5% 97p Revenue CAGR 3Y 19.9% 93p FFO Growth YoY 19.2% 81p EPS Growth YoY 1.04 75p EPS CAGR 3Y 14.4% 80p
Strengths
  • Rev Growth YoY in top 20% of peers (24.5%, 97th percentile)
  • Revenue CAGR 3Y in top 20% of peers (19.9%, 93th percentile)
  • FFO Growth YoY in top 20% of peers (19.2%, 81th percentile)
  • Growth above peer median with strong metric coverage (91%)
  • AFFO Margin in top 20% of peers (90.7%, 93th percentile)
Risks

No significant risks identified for this axis.

Profitability

58th percentile vs peers
58
Key Signals
Strengths
Risks
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Safety

50th percentile vs peers
50
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Terreno Realty Corporation.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$68.49
- - -
+3.9% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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