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

66.91 0.18 −0.27%
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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Terreno Realty Corporation (TRNO) trades at a P/E ratio of 19.9×. Over the past ten years it has ranged from 15.0× (December 2025) to 161× (June 2017); the current reading is higher than 9% of that period. That is below the Reit Industrial industry median of 29.1× and below the Real Estate sector median of 23.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 15.0× (51.25%)
FY2024 30.8× (11.46%)
FY2023 34.8× 60.09%
FY2022 21.7× (68.66%)
FY2021 69.3× 38.66%
FY2020 50.0× (21.49%)
FY2019 63.7× 95.59%
FY2018 32.6× (11.36%)
FY2017 36.7× (66.45%)
FY2016 110× 25.86%

Quarterly newest first

Period P/E ratio Change
Sep 2026 19.3× 10.97%
Jun 2026 17.4× 15.63%
Mar 2026 15.0× 0.01%
Dec 2025 15.0× (16.39%)
43 more quarters

Against its own ten years

Low 15.0× High 161×
Ten-year median 46.6×
Current reading's percentile 10

P/E ratio against peers

Company P/E ratio
REXR Rexford Industrial Realty, Inc. compare n/m
LINE Lineage, Inc. compare n/m
COLD Americold Realty Trust Inc. compare 19.0×
TRNO Terreno Realty Corporation 19.9×
FR First Industrial Realty Trust, Inc. compare 20.1×
STAG Stag Industrial, Inc. compare 26.1×
CUBE CubeSmart compare 29.8×
EGP EastGroup Properties, Inc. compare 32.9×
SMA Smartstop Self Storage REIT Inc compare 75.1×
Reit Industrial industry median 29.1×
Real Estate sector median 23.6×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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