Terreno Realty Corp
Research Terreno Realty Corp (TRNO) on Bullrun: market cap USD 7.37B, P/E 18.4, dividend yield 3.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerTRNO
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Industrial
- CurrencyUSD
- Market capUSD 7.37B
- P/E18.4
- Dividend yield3.1%
- Financial periodQ2 2026
- RevenueUSD 124.71M
- Net incomeUSD 57.57M
- Free cash flowUSD 53.69M
- Gross margin76.2%
Valuation Snapshot
latest market cap is USD 7.37B; P/E is 18.4; dividend yield is 3.1%.
Peer valuation comparison
Latest P/E is 18.42x versus a Real Estate sector median of 14.84x (24.1% above).
Latest dividend yield is 3.1% versus a Real Estate sector median of 4.71% (34.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 476.38M | USD 402.99M | USD 208.46M | 75.8% | 3.91 | USD 25.02M | USD 943.34M | USD 4.15B |
| FY2024 | USD 382.62M | USD 184.50M | USD 186.25M | 74.4% | 1.92 | USD 18.07M | USD 823.44M | USD 3.66B |
| FY2023 | USD 323.59M | USD 151.46M | n/a | n/a | 1.81 | USD 165.40M | USD 771.56M | USD 2.91B |
| FY2022 | USD 276.21M | USD 198.01M | n/a | n/a | 2.61 | USD 26.39M | USD 770.82M | USD 2.23B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 7.37B | 18.4 | 3.0% | 2.08 |
| 2025 | 2025-12-31 | USD 6.08B | 15.1 | 3.4% | 2.02 |
| 2024 | 2024-12-31 | USD 5.87B | 31.0 | 3.2% | 1.88 |
| 2023 | 2023-12-29 | USD 5.32B | 33.0 | 2.7% | 1.7 |
| 2022 | 2022-12-30 | USD 4.33B | 25.1 | 2.6% | 1.48 |
| 2021 | 2021-12-31 | USD 6.40B | 69.9 | 1.5% | 1.26 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.08 USD, yield 3.1%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.02 USD |
| FY2024 | 1.88 USD |
| FY2023 | 1.7 USD |
| FY2022 | 1.48 USD |
About Terreno Realty Corp
Terreno Realty Corporation an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The firm announced today that it has executed new renewal leases totaling 233,000 square feet at Countyline Corporate Park Phase III in Hialeah, Florida. Countyline Corporate Park Buildings 26 and 28 total 422,000 square feet and are currently 100% leased to six tenants with 83,000 square feet expiring April 2027.
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Frequently asked questions
What is Terreno Realty Corp's market cap?
Terreno Realty Corp's market capitalization is USD 7.37B.
What is Terreno Realty Corp's P/E ratio?
Terreno Realty Corp's price-to-earnings (P/E) ratio is 18.4.
Does Terreno Realty Corp pay a dividend?
Terreno Realty Corp has a dividend yield of 3.1%.
What does Terreno Realty Corp do?
Terreno Realty Corporation an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. The firm announced today that it has executed new renewal leases totaling 233,000 square feet at Countyline Corporate Park Phase III in Hialeah, Florida. Countyline Corporate Park Buildings 26 and 28 total 422,000 square feet and are currently 100% leased to six tenants with 83,000 square feet expiring April 2027. To facilitate the new leases, Terreno Realty Corporation has executed an early termination effective July 31, 2026, with the tenant that was to expire April 2027.