TRNO
Terreno Realty Corporation
NYSE · Real Estate · REIT - Industrial · US
$66.06
+0.39%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 502.9M | 476.4M | 382.6M | 323.6M | 276.2M |
| Cost of Revenue | 178.8M | 115.1M | 98.1M | 79.1M | 68.9M |
| Gross Profit | 324.1M | 361.3M | 284.5M | 244.5M | 207.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 49.5M | 47.3M | 42.6M | 37.9M | 31.2M |
| General & Admin Expense | 49.5M | 47.3M | 42.6M | 37.9M | 31.2M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 66.3M | 121.6M | 93.9M | 73.2M | 65.8M |
| Total Operating Expenses | 115.8M | 168.8M | 136.5M | 111.2M | 97.0M |
| Cost and Expenses | 294.6M | 283.9M | 234.6M | 190.2M | 165.9M |
| Operating Income (EBIT) | 208.3M | 192.4M | 148.0M | 133.4M | 110.4M |
| Non-Operating | |||||
| Interest Income | 4.5M | 5.3M | 12.1M | 5.0M | 809.0K |
| Interest Expense | 35.2M | 32.9M | 20.9M | 24.8M | 23.9M |
| Net Interest Income | (30.8M) | (27.5M) | (8.8M) | (19.8M) | (23.0M) |
| Other Non-Op Income/Expense | 180.3M | 210.6M | 36.5M | 18.1M | 87.7M |
| Non-Operating Income (excl Interest) | (215.5M) | (243.4M) | (57.4M) | (42.9M) | (111.5M) |
| EBT (Pre-Tax Income) | 388.6M | 403.0M | 184.5M | 151.5M | 198.0M |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | 388.6M | 403.0M | 184.5M | 151.5M | 198.0M |
| Earnings from Cont. Ops | 388.6M | 403.0M | 184.5M | 151.5M | 198.0M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 386.8M | 401.2M | 183.7M | 150.7M | 197.2M |
| Per Share | |||||
| Basic EPS | $3.72 | $3.93 | $1.92 | $1.81 | $2.61 |
| Diluted EPS | $3.72 | $3.92 | $1.92 | $1.81 | $2.61 |
| Revenue Per Share | $4.72 | $4.65 | $4.01 | $3.89 | $3.66 |
| Shares | |||||
| Basic Shares Outstanding | 106.6M | 102.5M | 95.5M | 83.2M | 75.5M |
| Diluted Shares Outstanding | 106.7M | 102.7M | 95.8M | 83.4M | 75.6M |
| Profitability Metrics | |||||
| EBITDA | 549.1M | 557.4M | 299.3M | 249.5M | 287.6M |
| D&A | 125.3M | 121.6M | 93.9M | 73.2M | 65.8M |
| EBIT | 423.8M | 435.8M | 205.4M | 176.3M | 221.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026