Terreno Realty Corporation
TRNO
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Terreno Realty Corporation operates in the industrial REIT sector, which is experiencing strong demand due to the growth of e-commerce and logistics, positioning TRNO favorably for future growth.
- In the most recent quarter, TRNO reported a revenue of $125 million, showing no decline from the previous quarter, indicating stability in its operations.
- The gross margin improved to 76.2%, up from 74.4% in the prior quarter, reflecting enhanced operational efficiency.
- Despite the positive aspects, TRNO has a 'Strong Sell' signal with a score of -24.00, indicating significant bearish sentiment among analysts.
- The company's earnings growth has declined by 40.2%, raising concerns about its profitability moving forward.
- The debt-to-equity ratio stands at 21.396, suggesting a high level of leverage that could pose risks in a rising interest rate environment.
Fundamentals
| Market cap | $7.03B | Enterprise value | $7.92B | Trailing P/E | 17.33 | Forward P/E | 36.54 |
| PEG | 7.15 | Price / book | 1.57 | Beta | 1.05 | Dividend yield | 3.54% |
| Revenue growth | 11.1% | Earnings growth | -40.2% | Gross margin | 76.2% | Operating margin | 41.8% |
| Profit margin | 77.3% | ROE | 9.3% | ROA | 2.4% | Debt / equity | 0.21 |
| Current ratio | 0.62 | Free cash flow | $319.52M | Analyst recommendation | buy | Mean target | $74.12 |
| 52w high | $78.94 | 52w low | $55.92 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $125M | $124M | $137M | $116M | $112M | — |
| Op margin | 41.8% | 40.8% | 41.8% | 41.3% | 39.2% | — |
| Net income | $57.6M | $69.4M | $158M | $103M | $93.3M | — |
| Gross margin | 76.2% | 74.4% | 78.0% | 75.7% | 75.1% | — |
| Gross profit | $95.1M | $92.6M | $107M | $88.0M | $84.3M | — |
| Operating income | $52.1M | $50.7M | $57.4M | $48.1M | $44.0M | — |
- Revenue +0% vs prior quarter ($125M vs $124M).
- Gross margin 76.2% (was 74.4% prior quarter).
- Operating margin expanded to 41.8%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $476M | $383M | $324M | $276M |
| Op margin | 40.4% | 38.7% | 41.2% | 40.0% |
| Net income | $403M | $184M | $151M | $198M |
| Gross margin | 75.8% | 74.4% | 75.6% | 75.1% |
| Gross profit | $361M | $285M | $245M | $207M |
| Operating income | $192M | $148M | $133M | $110M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-06 · Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
2026-10-01 · Key Reasons to Add Extra Space Storage Stock to Your Portfolio Now
2026-09-29 · Terreno Realty (TRNO) Sells Fairfield Asset, Does The Stock Look Fairly Valued?
2026-09-28 · Terreno Realty Corporation Sells Property in Fairfield, NJ for $8.8 Million
2026-09-23 · Zacks Industry Outlook Highlights American Healthcare REIT, Terreno Realty and RLJ Lodging Trust
2026-09-22 · 3 Reasons to Add SL Green Realty Stock to Your Portfolio Now
2026-09-22 · 3 Equity REIT Stocks Worth Betting on Despite Industry Headwinds
2026-09-17 · 3 Industrial REIT Stocks to Buy Despite the Fed's Hawkish Move
2026-09-08 · Terreno Realty Corporation Announces Leases in Sunnyvale, CA
2026-08-28 · Terreno Realty Reshapes Its Portfolio, Sells Miami Asset
2026-08-27 · Terreno Realty Sells Industrial Property in Florida for $21.3 Million
2026-08-27 · Terreno Realty Corporation Sells Property in Miami, FL for $21.3 Million
Price (daily)
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