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Stocks · Real estate · Real Estate

Terreno Realty Corp

TRNO Clue Score69
United States Fiscal year ends December CIK 0001476150
$64.79 +0.48% Close, 9 Oct 2026
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Price $64.79 −0.99% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue108.4Net income15.1Fiscal year 2017Revenue132.5 +22.2%Net income53.1 +251.2%EPS, diluted0.95Fiscal year 2018Revenue151.7 +14.5%Net income63.3 +19.2%EPS, diluted1.09 +14.7%Fiscal year 2019Revenue171.0 +12.8%Net income55.5 −12.3%EPS, diluted0.85 −22.0%Fiscal year 2020Revenue186.9 +9.3%Net income79.8 +43.7%EPS, diluted1.16 +36.5%Fiscal year 2021Revenue221.9 +18.8%Net income87.3 +9.3%EPS, diluted1.23 +6.0%Fiscal year 2022Revenue276.2 +24.5%Net income198.0 +126.9%EPS, diluted2.61 +112.2%Fiscal year 2023Revenue323.6 +17.2%Net income151.5 −23.5%EPS, diluted1.81 −30.7%Fiscal year 2024Revenue382.6 +18.2%Net income184.5 +21.8%EPS, diluted1.92 +6.1%Fiscal year 2025Revenue476.4 +24.5%Net income403.0 +118.4%EPS, diluted3.91 +103.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 108.4 132.5 151.7 171.0 186.9 221.9 276.2 323.6 382.6 476.4
Growth +22.2% +14.5% +12.8% +9.3% +18.8% +24.5% +17.2% +18.2% +24.5%
Net income 15.1 53.1 63.3 55.5 79.8 87.3 198.0 151.5 184.5 403.0
Growth +251.2% +19.2% −12.3% +43.7% +9.3% +126.9% −23.5% +21.8% +118.4%
EPS, diluted n/a 0.95 1.09 0.85 1.16 1.23 2.61 1.81 1.92 3.91
Growth +14.7% −22.0% +36.5% +6.0% +112.2% −30.7% +6.1% +103.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin13.9%Fiscal year 2017Net margin40.1%Fiscal year 2018Net margin41.7%Fiscal year 2019Net margin32.5%Fiscal year 2020Net margin42.7%Fiscal year 2021Net margin39.3%Fiscal year 2022Net margin71.7%Fiscal year 2023Net margin46.8%Fiscal year 2024Net margin48.2%Fiscal year 2025Net margin84.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 13.9% 40.1% 41.7% 32.5% 42.7% 39.3% 71.7% 46.8% 48.2% 84.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow49.2Buybacks−1.6Dividends paid−33.2Fiscal year 2017Operating cash flow69.5Buybacks−3.4Dividends paid−41.9Fiscal year 2018Operating cash flow77.6Buybacks−3.9Dividends paid−51.4Fiscal year 2019Operating cash flow94.7Buybacks−4.0Dividends paid−63.6Fiscal year 2020Operating cash flow101.1Buybacks−9.8Dividends paid−74.8Fiscal year 2021Operating cash flow132.2Buybacks−0.6Dividends paid−84.6Fiscal year 2022Operating cash flow143.2Buybacks−1.0Dividends paid−107.4Fiscal year 2023Operating cash flow179.7Buybacks−1.5Dividends paid−135.9Fiscal year 2024Operating cash flow232.7Buybacks−3.3Dividends paid−175.0Fiscal year 2025Operating cash flow271.9Buybacks−3.3Dividends paid−203.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 49.2 69.5 77.6 94.7 101.1 132.2 143.2 179.7 232.7 271.9
Buybacks −1.6 −3.4 −3.9 −4.0 −9.8 −0.6 −1.0 −1.5 −3.3 −3.3
Dividends paid −33.2 −41.9 −51.4 −63.6 −74.8 −84.6 −107.4 −135.9 −175.0 −203.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash14.2Total debt415.3Net cash (debt)−401.1Shareholders’ equity811.8Debt to equity0.51Fiscal year 2017Cash35.7Total debt461.7Net cash (debt)−426.0Shareholders’ equity1,027.5Debt to equity0.45Fiscal year 2018Cash31.0Total debt462.1Net cash (debt)−431.1Shareholders’ equity1,247.8Debt to equity0.37Fiscal year 2019Cash110.1Total debt491.6Net cash (debt)−381.5Shareholders’ equity1,517.1Debt to equity0.32Fiscal year 2020Cash107.2Total debt459.1Net cash (debt)−351.9Shareholders’ equity1,588.2Debt to equity0.29Fiscal year 2021Cash204.4Total debt720.7Net cash (debt)−516.3Shareholders’ equity2,058.0Debt to equity0.35Fiscal year 2022Cash26.4Total debt770.8Net cash (debt)−744.4Shareholders’ equity2,229.9Debt to equity0.35Fiscal year 2023Cash165.4Total debt771.6Net cash (debt)−606.2Shareholders’ equity2,914.6Debt to equity0.26Fiscal year 2024Cash18.1Total debt823.4Net cash (debt)−805.4Shareholders’ equity3,662.3Debt to equity0.22Fiscal year 2025Cash25.0Total debt943.3Net cash (debt)−918.3Shareholders’ equity4,146.3Debt to equity0.23
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 14.2 35.7 31.0 110.1 107.2 204.4 26.4 165.4 18.1 25.0
Total debt 415.3 461.7 462.1 491.6 459.1 720.7 770.8 771.6 823.4 943.3
Net cash (debt) −401.1 −426.0 −431.1 −381.5 −351.9 −516.3 −744.4 −606.2 −805.4 −918.3
Shareholders’ equity 811.8 1,027.5 1,247.8 1,517.1 1,588.2 2,058.0 2,229.9 2,914.6 3,662.3 4,146.3
Debt to equity 0.51 0.45 0.37 0.32 0.29 0.35 0.35 0.26 0.22 0.23

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
14.2 35.7 31.0 110.1 107.2 204.4 26.4 165.4 18.1 25.0
1,279.0 1,567.9 1,796.5 2,108.5 2,139.8 2,924.2 3,164.4 3,904.7 4,770.2 5,388.1
Growth +22.6% +14.6% +17.4% +1.5% +36.7% +8.2% +23.4% +22.2% +13.0%
Liabilities
415.3 461.7 462.1 491.6 459.1 720.7 770.8 771.6 823.4 943.3
calc 415.3 461.7 462.1 491.6 459.1 720.7 770.8 771.6 823.4 943.3
467.2 540.4 548.7 591.3 551.6 866.3 934.6 990.1 1,107.8 1,241.8
Equity
n/a 4.8 14.2 2.6 5.9 2.8 88.3 95.6 95.3 289.1
811.8 1,027.5 1,247.8 1,517.1 1,588.2 2,058.0 2,229.9 2,914.6 3,662.3 4,146.3
Growth +26.6% +21.4% +21.6% +4.7% +29.6% +8.4% +30.7% +25.7% +13.2%
Per share and net cash
calc −401.1 −426.0 −431.1 −381.5 −351.9 −516.3 −744.4 −606.2 −805.4 −918.3
47.4 55.4 61.0 67.3 68.4 75.1 76.5 87.5 99.2 103.6
calc 17.12 18.56 20.45 22.56 23.23 27.41 29.16 33.31 36.90 40.03

Lines marked calc are worked out here from filed figures; point at one for how.