Terreno Realty Corp · Real Estate

TRNO

Low riskNext report: Not enough history

View price ↗

The short version

A profitable company with growing sales. Institutions are adding.

Going well

Sales up 11% in the latest quarter vs a year ago
Raised its dividend (3.1% yield)
Profitable every year for 10 years

Watch out for

Share count growing 10.8% a year (dilution)

Money moves

No insider buying or selling in the last 30 days
Institutions added 3.1% to their holdings in the quarter ending June 2026 (201 bought, 153 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$65.03-0.2% that day

Company value: $7.1B; Share price times all shares
Price vs profit (P/E): 17.4x; You pay about $17 for each $1 of yearly profit
Price vs sales: 14.1x; Company value is 14.1 times a year of sales
Dividend yield: 3.1%; Yearly dividend as a share of today's price
Cash vs value: 1%; Cash as a share of company value
Debt vs value: 13%; Debt as a share of company value

From TRNO's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$124.7M+11% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $502.9M, up 18% from the 12 months before. Over 5 years, sales grew about 21% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of TRNO. Starting points are the company's recent numbers.

Sales growth+18% a yearRecently: +18% a yearProfit margin50%Last 12 months: 77.3%P/E at the end17xToday: 17.4x. Many steady companies trade at 12x to 25xShare count change+10% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$1.2B

Profit in 5 years$575M

Price these guesses point to$55.72-14% vs $65.03 todayAbout -3.0% a year, before dividends

What today's price needs: with a 50% margin and a 17x P/E, sales would have to grow about 22% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.10.3%
PassDebt under half of equityNot relying on borrowed money.0.23x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.84.6%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$271.9M
MissShare count not growingNot diluting owners. Falling means buybacks.+35.9% in 3 years

Revenue: $476.4M; +24.5% vs prior year
5-year growth: +20.6%/yr; revenue, per year
Total debt: $943.3M; 0.23x equity
Free cash flow: $271.9M; 57.1% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.