Terreno Realty Corporation

TRNO Real Estate Reit Industrial

Terreno Realty Corporation’s revenue for fiscal 2025 (year ended December 2025) was $476.4 million, up 24.5% from fiscal 2024.

Revenue
+13.7%
EPS
−38.0%
Free cash flow
+119.0%
Total debt
−11.7%

Quarter to September 2026, against a year earlier

66.49 0.60 −0.89%
Market cap
$7.3B
P/E
19.9×
Fwd P/E
33.2×
Dividend yield
3.19%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Terreno Realty Corporation (TRNO) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Terreno Realty Corporation (TRNO) trades at a EV/EBITDA of 26.4×. Over the past ten years it has ranged from 21.3× (January 2015) to 52.5× (December 2021); the current reading is higher than 13% of that period. That is above the Reit Industrial industry median of 19.8× and above the Real Estate sector median of 15.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 24.3× (15.45%)
FY2024 28.7× (5.29%)
FY2023 30.3× (4.25%)
FY2022 31.6× (36.21%)
FY2021 49.6× 25.90%
FY2020 39.4× 0.61%
FY2019 39.2× 38.82%
FY2018 28.2× (3.92%)
FY2017 29.4× (4.03%)
FY2016 30.6× 10.22%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 25.7× 0.55%
Jun 2026 25.5× 3.44%
Mar 2026 24.7× 1.69%
Dec 2025 24.3× (6.51%)
43 more quarters

Against its own ten years

Low 21.3× High 52.5×
Ten-year median 31.8×
Current reading's percentile 13

EV/EBITDA against peers

Company EV/EBITDA
LINE Lineage, Inc. compare 13.8×
REXR Rexford Industrial Realty, Inc. compare 15.7×
STAG Stag Industrial, Inc. compare 16.0×
FR First Industrial Realty Trust, Inc. compare 18.2×
CUBE CubeSmart compare 19.3×
SMA Smartstop Self Storage REIT Inc compare 20.2×
EGP EastGroup Properties, Inc. compare 22.6×
TRNO Terreno Realty Corporation 26.4×
COLD Americold Realty Trust Inc. compare 61.0×
Reit Industrial industry median 19.8×
Real Estate sector median 15.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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