Friday 6 November 2026 Export TRNO’s income statement to Excel — free account

Terreno Realty Corporation

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

67.02 0.07 −0.10%

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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

Overview Business Profile Earnings & Analysis Valuation Filings

Terreno Realty Corporation (TRNO) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Terreno Realty Corporation (TRNO) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 0.9× (January 2015) to 3.4× (December 2021); the current reading is higher than 27% of that period. That is below the Reit Industrial industry median of 1.9× and above the Real Estate sector median of 1.0×.

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<iframe src="https://stockrow.com/embed/TRNO/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Terreno Realty Corporation P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/TRNO/metrics/pb-ratio">Terreno Realty Corporation (TRNO) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.5×	(5.95%)
FY2024	1.5×	(14.15%)
FY2023	1.8×	(6.43%)
FY2022	1.9×	(34.30%)
FY2021	2.9×	17.10%
FY2020	2.5×	8.58%
FY2019	2.3×	41.90%
FY2018	1.6×	(7.11%)
FY2017	1.7×	4.91%
FY2016	1.7×	17.84%

Period	P/B ratio	Change
Sep 2026	1.5×	(1.17%)
Jun 2026	1.6×	3.81%
Mar 2026	1.5×	3.40%
Dec 2025	1.5×	(0.75%)
43 more quarters	Free account

Against its own ten years

Low 0.9× High 3.4×

Ten-year median 1.8×

Current reading's percentile 20

Company	P/B ratio
LINE Lineage, Inc. compare	1.0×
REXR Rexford Industrial Realty, Inc. compare	1.1×
COLD Americold Realty Trust Inc. compare	1.5×
TRNO Terreno Realty Corporation	1.6×
SMA Smartstop Self Storage REIT Inc compare	1.7×
STAG Stag Industrial, Inc. compare	1.9×
FR First Industrial Realty Trust, Inc. compare	2.5×
EGP EastGroup Properties, Inc. compare	2.9×
CUBE CubeSmart compare	4.1×
Reit Industrial industry median	1.9×
Real Estate sector median	1.0×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Terreno Realty Corporation (TRNO) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on TRNO

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on TRNO

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