stockrowTerreno 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) Operating margin
Terreno Realty Corporation's operating margin over the twelve months to 30 September 2026 was 41.6%, up 1.3 percentage points from fiscal 2025 (40.3%). Over the past ten years it has ranged from 14.2% (fiscal 2015) to 41.1% (fiscal 2023); the current reading is higher than 91% of that period. That is in line with the Reit Industrial industry median of 40.6% and above the Real Estate sector median of 17.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 40.3% | 1.65 |
| FY2024 | 38.7% | (2.47) |
| FY2023 | 41.1% | 1.72 |
| FY2022 | 39.4% | (0.17) |
| FY2021 | 39.6% | 3.12 |
| FY2020 | 36.5% | 2.07 |
| FY2019 | 34.4% | 1.94 |
| FY2018 | 32.5% | 2.99 |
| FY2017 | 29.5% | 9.87 |
| FY2016 | 19.6% | 5.36 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 42.2% | 0.41 |
| Jun 2026 | 41.8% | 1.03 |
| Mar 2026 | 40.7% | (1.02) |
| Dec 2025 | 41.8% | 0.50 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TRNO Terreno Realty Corporation | 41.6% |
| FR First Industrial Realty Trust, Inc. compare | 41.6% |
| CUBE CubeSmart compare | 40.8% |
| EGP EastGroup Properties, Inc. compare | 40.8% |
| REXR Rexford Industrial Realty, Inc. compare | 39.9% |
| STAG Stag Industrial, Inc. compare | 37.7% |
| SMA Smartstop Self Storage REIT Inc compare | 21.4% |
| COLD Americold Realty Trust Inc. compare | 15.1% |
| LINE Lineage, Inc. compare | 3.57% |
| Reit Industrial industry median | 40.6% |
| Real Estate sector median | 17.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on TRNO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net 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