US · TRNO
Terreno Realty Corporation
- Sector
- Real Estate · REIT - Industrial
- Headquarters
- Bellevue, WA 98004
- Website
- terreno.com
Price · as of 2025-12-31
$65.27
Market cap 6.85B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $48.10 | -26.31% |
| Intrinsic Value(DCF) | $26.55 | -59.32% |
| Graham-Dodd Method(GD) | $30.28 | -53.6% |
| Graham Formula(GF) | $124.53 | +90.79% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $9.59 | $350.62 | $0.00 | $10.75 | $0.00 |
| 2012 | $12.55 | $60.70 | $0.00 | $12.87 | $25.66 |
| 2013 | $13.33 | $9.83 | $0.00 | $13.02 | $16.48 |
| 2014 | $16.74 | $15.08 | $0.55 | $16.78 | $20.11 |
| 2015 | $17.72 | $14.40 | $0.00 | $7.92 | $15.54 |
| 2016 | $21.44 | $15.38 | $0.00 | $7.52 | $6.95 |
| 2017 | $28.48 | $16.37 | $0.89 | $12.36 | $30.36 |
| 2018 | $33.96 | $19.76 | $0.00 | $13.79 | $24.11 |
| 2019 | $49.72 | $37.12 | $0.00 | $13.06 | $17.56 |
| 2020 | $50.11 | $37.24 | $0.44 | $12.77 | $19.94 |
| 2021 | $61.08 | $26.42 | $1.83 | $17.36 | $32.30 |
| 2022 | $54.73 | $27.94 | $0.00 | $21.31 | $82.54 |
| 2023 | $60.27 | $29.60 | $0.00 | $19.65 | $44.77 |
| 2024 | $66.12 | $32.26 | $0.00 | $20.52 | $49.33 |
| 2025 | $66.38 | $48.10 | $0.00 | $30.28 | $124.53 |
AI valuation
Our deep-learning model estimates Terreno Realty Corporation's (TRNO) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $48.10
- Current price
- $65.27
- AI upside
- -26.31%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$26.55
-59.32% upside
Graham-Dodd
$30.28
-53.6% upside
Graham Formula
$124.53
+90.79% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| TRNO | Terreno Realty Corporatio… | $65.27 | 6.85B | -26% | -59% | -54% | +91% | 16.88 | 1.64 | 14.28 | 13.85 | 16.20 | 1.73 | 75.84% | 40.39% | 84.59% | 10.32% | 4.04% | 7.93% | 0.23 | 5.86 | 0.08 | 0.08 | 1.65 | 10417.00% | 2451.00% | 1192.00% | 3.06% | 0.82 | 4.37% | 3.00% | 50.60% | 3.00% | 40.12 | 37.03 | 16.20 | 3.50 |
| BPYPO | Brookfield Property Partn… | $14.82 | 5.94B | +554% | -66% | — | — | -2.21 | 0.52 | 0.48 | 16.26 | -47.60 | 0.67 | 52.77% | 38.26% | -5.60% | -23.22% | 4.95% | -1.71% | 6.45 | 0.73 | 0.37 | 0.17 | 14.99 | 464.00% | -392.00% | -15129.00% | 13.96% | 0.05 | 0.87% | 11.26% | -24.80% | 444.48% | 16.20 | 91.84 | 6.20 | 0.06 |
| EPRT | Essential Properties Real… | $33.94 | 7.12B | -2% | -59% | -71% | +19% | 27.25 | 1.65 | 12.31 | 18.07 | 241.07 | 1.69 | 84.05% | 64.51% | 45.03% | 6.54% | 5.87% | 4.01% | 0.60 | 3.14 | 6.13 | 6.50 | 4.74 | 1130.00% | 2497.00% | 2353.00% | 5.51% | 3.58 | 6.19% | 3.38% | 92.20% | 3.38% | 25.87 | 24.61 | 16.69 | 1.89 |
| FR | First Industrial Realty T… | $63.14 | 8.37B | -30% | -60% | -95% | -52% | 31.85 | 3.15 | 11.57 | 19.17 | — | 3.19 | 22.60% | 42.32% | 34.03% | 9.90% | 5.81% | 4.82% | 0.96 | 3.42 | 1.14 | 1.12 | 4.39 | -1382.00% | 858.00% | -1481.00% | 1.37% | 1.91 | 2.29% | 2.75% | 87.60% | 2.77% | 35.44 | 94.92 | 15.00 | 2.09 |
| HR | Healthcare Realty Trust I… | $18.45 | 6.44B | +10% | -60% | — | — | -26.20 | 1.40 | 5.46 | 20.32 | — | 1.40 | -33.58% | 8.04% | -20.84% | -5.00% | 1.01% | -2.48% | 0.90 | 0.46 | 1.75 | 0.82 | 7.93 | -6077.00% | -692.00% | -4975.00% | 1.97% | 1.32 | 1.35% | 6.00% | -157.20% | 18.00% | 111.32 | 83.25 | 8.95 | 1.07 |
| KRC | Kilroy Realty Corporation | $29.82 | 3.53B | +49% | -56% | +92% | -52% | 12.79 | 0.65 | 3.17 | 10.10 | 41.15 | 0.69 | 67.00% | 28.36% | 24.81% | 5.11% | 3.16% | 2.53% | 0.89 | 1.71 | 4.24 | 4.45 | 5.77 | 3107.00% | -202.00% | 130979.00% | 16.04% | 3.89 | 5.67% | 0.00% | 0.00% | 0.00% | 25.88 | 14.42 | 7.34 | 0.67 |
| REXR | Rexford Industrial Realty… | $37.47 | 8.94B | -47% | -60% | -63% | -63% | 41.79 | 1.03 | 8.73 | 18.87 | — | 1.05 | 77.30% | 37.94% | 21.14% | 2.50% | 3.25% | 1.66% | 0.41 | 3.63 | 7.16 | 6.93 | 5.20 | -2833.00% | 713.00% | 9774.00% | 2.38% | 7.83 | 1.78% | 4.83% | 201.80% | 7.71% | 31.75 | 57.93 | 12.05 | 1.54 |
| RHP | Ryman Hospitality Propert… | $98.75 | 6.22B | -21% | +19% | -68% | -29% | 25.33 | 8.22 | 2.39 | 12.87 | — | 13.31 | 9.93% | 18.95% | 9.45% | 37.48% | 11.67% | 4.27% | 5.72 | 2.02 | 73.13 | 73.13 | 4.90 | -1393.00% | 1015.00% | 3784.00% | 3.77% | 78.01 | 5.72% | 0.00% | 0.00% | 0.00% | 20.40 | 42.86 | 3.87 | 1.32 |
| RITM | Rithm Capital Corp. | $10.05 | 5.59B | +275% | +3,965% | +78% | +227% | 45.27 | 0.68 | 1.00 | 32.11 | — | 0.87 | 90.48% | 44.56% | 11.98% | 1.55% | 5.97% | 0.25% | 4.70 | 5.76 | 0.46 | 1.41 | 27.90 | -3772.00% | 1999.00% | -6708.00% | -13.38% | -0.19 | -2.02% | 2.01% | 90.80% | 2.88% | 17.16 | -57.01 | 7.65 | 0.29 |
| STAG | STAG Industrial, Inc. | $39.22 | 7.49B | -13% | -59% | -90% | -34% | 26.71 | 2.07 | 8.83 | 14.95 | 66.15 | 2.33 | 61.34% | 37.67% | 32.36% | 7.92% | 4.77% | 3.98% | 0.92 | 2.32 | 0.41 | 0.41 | 4.56 | 4038.00% | 1014.00% | 713.00% | 5.39% | 1.10 | 6.02% | 3.81% | 101.70% | 3.81% | 33.73 | 26.72 | 12.70 | 1.29 |
| STWD | Starwood Property Trust, … | $17.81 | 6.6B | +115% | -56% | +43% | -95% | 13.69 | 0.89 | 3.23 | 14.96 | 153.30 | 0.99 | 80.51% | 76.20% | 21.89% | 6.70% | 6.13% | 0.70% | 3.27 | 1.12 | 0.36 | 0.36 | 11.82 | 893.00% | -788.00% | 5806.00% | 16.12% | 0.36 | 4.53% | 0.00% | 0.00% | 0.00% | 19.17 | 28.08 | 14.61 | 0.14 |
About Terreno Realty Corporation
{Terreno Realty Corporation and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2020, the Company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), commencing with its taxable year ended December 31, 2010.}
- CEO
- W. Blake Baird
- Employees
- 49
- Beta
- 1.15
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($26.55 ÷ $65.27) − 1 = -59.32% (DCF, example).