First Industrial Realty Trust, Inc. (FR) vs Terreno Realty Corporation (TRNO)

First Industrial Realty Trust, Inc. and Terreno Realty Corporation are both Reit Industrial companies. First Industrial Realty Trust, Inc. and Terreno Realty Corporation are of similar size ($7.4B and $7.3B). Terreno Realty Corporation trades at the lower P/E: 19.8× against 20.0×. Terreno Realty Corporation grew revenue faster over the last twelve months: 17.2% against 8.55%. Terreno Realty Corporation has the higher net margin (67.8% vs 46.1%) and the lower return on invested capital (2.49% vs 3.68%). Both pay a dividend; First Industrial Realty Trust, Inc. yields more (3.62% vs 3.21%). Across the 22 metrics below, Terreno Realty Corporation leads on 13 and First Industrial Realty Trust, Inc. on 9.

Valuation

Metric FR TRNO Reit Industrial median
P/E 20.00 19.81 28.01
P/S 9.20 13.95 8.69
P/B 2.49 1.58 1.81
Price to free cash flow n/m n/m 25.37
EV/EBITDA 18.11 25.46 19.45
EV/Sales 12.55 15.60 11.77
Earnings yield 5.00% 5.05% 3.26%
Free cash flow yield (0.33%) (3.74%) 2.70%

Profitability

Metric FR TRNO Reit Industrial median
Gross margin 73.75% 76.04% 73.76%
Operating margin 41.57% 41.63% 40.64%
Net margin 46.10% 67.78% 30.04%
Free cash flow margin (3.03%) (52.12%) 20.13%
Return on equity 12.74% 8.21% 7.41%
Return on assets 6.28% 6.32% 3.98%
Return on invested capital 3.68% 2.49% 3.45%

Growth

Metric FR TRNO Reit Industrial median
Revenue growth (TTM) 8.55% 17.23% 4.61%
EPS growth (last fiscal year) (13.82%) 103.65% (2.22%)
Revenue growth, 5-year CAGR 10.17% 20.58% 14.64%
Net income growth, 5-year CAGR 4.76% 38.26% 12.19%

Health

Metric FR TRNO Reit Industrial median
Debt to equity 0.92 0.21 0.82
Current ratio 1.06 0.77 0.91
Net debt to EBITDA 4.87 3.36 4.82

Dividend

Metric FR TRNO Reit Industrial median
Dividend yield 3.62% 3.21% 4.08%
Payout ratio 0.72 0.64 1.11

Size

Metric FR TRNO Reit Industrial median
Market cap 7.39b 7.31b 7.74b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack