Terreno Realty Corporation (TRNO) Earnings History
Annual and quarterly earnings data from 2010 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 50.3% | 40.3% | 84.6% |
| 2024 | 74.4% | 38.7% | 48.2% |
| 2023 | 75.6% | 41.2% | 46.8% |
| 2022 | 75.1% | 40.0% | 71.7% |
| 2021 | 74.7% | 39.7% | 39.3% |
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Terreno Realty Corporation (TRNO) Earnings Overview
As of March 1, 2026, Terreno Realty Corporation (TRNO) reported trailing twelve-month net income of $402M, reflecting +1.0% year-over-year growth. The company earned $3.88 per diluted share over the past four quarters, with a net profit margin of 0.8%.
Looking at the long-term picture, TRNO's 5-year EPS compound annual growth rate (CAGR) stands at +35.4%, indicating exceptional earnings growth. The company achieved its highest annual net income of $403M in fiscal 2025, representing a new all-time high.
Terreno Realty Corporation maintains positive profitability with a gross margin of 0.5%, operating margin of 0.4%, and net margin of 0.8%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including PLD ($3.21B net income, 0.5% margin), EGP ($248M net income, 0.4% margin), REXR ($334M net income, 0.3% margin), TRNO has outperformed on profitability metrics. Compare TRNO vs PLD →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
16 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $403M | +118.4% | $192M | $3.92 | 84.6% | 40.3% |
| 2024 | $184M | +21.8% | $148M | $1.92 | 48.2% | 38.7% |
| 2023 | $151M | -23.5% | $133M | $1.81 | 46.8% | 41.2% |
| 2022 | $198M | +126.9% | $110M | $2.61 | 71.7% | 40.0% |
| 2021 | $87M | +9.3% | $88M | $0.87 | 39.3% | 39.7% |
| 2020 | $80M | +43.7% | $114M | $0.86 | 42.7% | 61.2% |
| 2019 | $56M | -12.3% | $103M | $0.53 | 32.5% | 60.2% |
| 2018 | $63M | +19.2% | $82M | $1.10 | 41.7% | 53.7% |
| 2017 | $53M | +251.2% | $70M | $0.95 | 40.1% | 52.7% |
| 2016 | $15M | +3.5% | $28M | $0.26 | 13.9% | 26.0% |
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Start ComparisonFrequently Asked Questions
Is TRNO growing earnings?
TRNO EPS of $3.88 reflects slowing growth at +1.0%, below the 5-year CAGR of +35.4%. TTM net income is $402M. Expansion rate has moderated.
What are TRNO's profit margins?
Terreno Realty Corporation net margin is +0.8%, with operating margin at +0.4%. Below-average margins reflect competitive or cost pressures.
How consistent are TRNO's earnings?
TRNO earnings data spans 2010-2025. The current earnings trend is +1.0% YoY. Historical data enables comparison across business cycles.