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
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Terreno Realty Corporation (TRNO) Net margin
Terreno Realty Corporation's net margin over the twelve months to 30 September 2026 was 67.8%, down 16.4 percentage points from fiscal 2025 (84.2%). Over the past ten years it has ranged from 10.6% (fiscal 2016) to 84.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Industrial industry median of 30.0% and above the Real Estate sector median of 4.66%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 84.2% | 36.21 |
| FY2024 | 48.0% | 1.42 |
| FY2023 | 46.6% | (24.79) |
| FY2022 | 71.4% | 32.20 |
| FY2021 | 39.2% | (3.30) |
| FY2020 | 42.5% | 10.22 |
| FY2019 | 32.3% | (9.21) |
| FY2018 | 41.5% | 4.47 |
| FY2017 | 37.0% | 26.43 |
| FY2016 | 10.6% | (0.86) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 51.3% | 5.30 |
| Jun 2026 | 46.0% | (9.58) |
| Mar 2026 | 55.5% | (59.01) |
| Dec 2025 | 114.6% | 26.03 |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| TRNO Terreno Realty Corporation | 67.8% |
| FR First Industrial Realty Trust, Inc. compare | 46.1% |
| EGP EastGroup Properties, Inc. compare | 41.1% |
| CUBE CubeSmart compare | 30.2% |
| STAG Stag Industrial, Inc. compare | 29.9% |
| SMA Smartstop Self Storage REIT Inc compare | 9.41% |
| COLD Americold Realty Trust Inc. compare | 9.03% |
| LINE Lineage, Inc. compare | −3.15% |
| REXR Rexford Industrial Realty, Inc. compare | −48.4% |
| Reit Industrial industry median | 30.0% |
| Real Estate sector median | 4.66% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on TRNO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement