Terreno Realty Corp TRNO
Real Estate · IPO 2010 · data as of November 13, 2026
Terreno Realty Corp (TRNO) is a financial company listed in the US with a market value of about $7.4B. In the twelve months to September 30, 2026 it had revenue of $519M and net income of $353M, a net margin of 68.1%.
Its overall Stock Analiz score is 3.4 out of 5 (good). The strongest part is future growth (5/5); the weakest is value (2/5).
Key numbers: a P/E of 20.0, a price to free cash flow of 35.9, 5-year revenue growth of 21% a year, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 39% below the current price.
Score: 3.4 / 5
Checks passed
- P/E below 25
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Checks not passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 5-year average ROIC above 12%
- ROE above 15%
- Debt below 3 years of free cash flow
- Share count down over 3 years (buybacks)
- 20% to 100% of free cash flow returned to shareholders
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $519M | $476M | $383M | $324M | $276M | $222M | $187M | $171M | $152M | $132M | $108M |
| Net income | $353M | $403M | $184M | $151M | $198M | $87M | $80M | $56M | $63M | $53M | $15M |
| Free cash flow | $205M | $208M | $186M | $127M | $77M | $81M | $69M | $63M | $49M | $42M | $22M |
| EPS (diluted) | $3.35 | $3.91 | $1.92 | $1.81 | $2.61 | $1.23 | $1.16 | $0.85 | $1.09 | $0.95 | $0.26 |
| Net margin | 68.1% | 84.6% | 48.2% | 46.8% | 71.7% | 39.3% | 42.7% | 32.5% | 41.7% | 40.1% | 13.9% |
| ROIC | — | 3.0% | 2.6% | 2.9% | 2.9% | 2.5% | 2.6% | 2.3% | 2.3% | 2.1% | 1.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 17 analysts is $73.65, 10% above the current price; targets range from $60.00 to $85.00; the consensus rating is “Buy”; expected EPS is $1.82 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Terreno Realty’s P/E ratio?
About 20.0, based on the last twelve months of diluted earnings per share (forward P/E about 37.7).
Is Terreno Realty stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 39% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Terreno Realty pay a dividend?
Yes. The dividend yield is about 3.39%, and it has paid dividends for 10 years in our data.
Is Terreno Realty a good stock to buy?
We do not give buy or sell advice. Terreno Realty scores 3.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.