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. In the quarter to June 2026, revenue grew 11.1%, EPS fell 40.0%, free cash flow fell 173.9% and total debt rose 26.7%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for ten.
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Terreno Realty Corporation (TRNO) P/E ratio
As of 16 October 2026, Terreno Realty Corporation (TRNO) trades at a P/E ratio of 17.2×. Over the past ten years it has ranged from 15.0× (December 2025) to 161× (June 2017); the current reading is higher than 4% of that period. That is below the Reit Industrial industry median of 27.9× and below the Real Estate sector median of 21.6×.
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 |
|---|---|---|
| Jun 2026 | 17.4× | 15.63% |
| Mar 2026 | 15.0× | 0.01% |
| Dec 2025 | 15.0× | (16.39%) |
| Sep 2025 | 18.0× | (18.97%) |
| 42 more quarters | Free account |
Against its own ten years
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 | n/m |
| TRNO Terreno Realty Corporation | 17.2× |
| FR First Industrial Realty Trust, Inc. compare | 21.4× |
| CUBE CubeSmart compare | 26.7× |
| STAG Stag Industrial, Inc. compare | 27.6× |
| EGP EastGroup Properties, Inc. compare | 34.4× |
| LXP LXP Industrial Trust compare | 61.1× |
| Reit Industrial industry median | 27.9× |
| Real Estate sector median | 21.6× |
| Market median | 18.1× |
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)