Innovative Industrial Properties, Inc. (IIPR) vs Terreno Realty Corporation (TRNO)
- Innovative Industrial Properties, Inc. IIPR 53.93 −2.48%
- Terreno Realty Corporation TRNO 66.50 −0.88%
Innovative Industrial Properties, Inc. and Terreno Realty Corporation are both Reit Industrial companies. Terreno Realty Corporation is the larger, with a market value of $7.3B against $1.5B — 4.8× the size. Innovative Industrial Properties, Inc. trades at the lower P/E: 11.8× against 19.9×. Terreno Realty Corporation grew revenue faster over the last twelve months: 17.2% against −4.40%. Terreno Realty Corporation has the higher net margin (67.8% vs 49.2%) and the lower return on invested capital (2.49% vs 3.55%). Both pay a dividend; Innovative Industrial Properties, Inc. yields more (13.8% vs 3.19%). Across the 22 metrics below, Innovative Industrial Properties, Inc. leads on 14 and Terreno Realty Corporation on 8.
Valuation
Profitability
| Metric | IIPR | TRNO | Reit Industrial median |
|---|---|---|---|
| Gross margin | 88.75% | 76.04% | 73.76% |
| Operating margin | 51.38% | 41.63% | 40.64% |
| Net margin | 49.20% | 67.78% | 30.03% |
| Free cash flow margin | 93.22% | 55.57% | 18.60% |
| Return on equity | 7.37% | 8.21% | 7.37% |
| Return on assets | 5.20% | 6.32% | 3.98% |
| Return on invested capital | 3.55% | 2.49% | 3.18% |
Growth
Health
Dividend
Size
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