Terreno Realty Management
Management criteria checks 4/4
Terreno Realty's CEO is W. Baird, appointed in Feb 2010, has a tenure of 14.83 years. total yearly compensation is $5.05M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $47.87M. The average tenure of the management team and the board of directors is 13.2 years and 14.8 years respectively.
Key information
W. Baird
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 15.9% |
| CEO tenure | 14.8yrs |
| CEO ownership | 0.8% |
| Management average tenure | 13.2yrs |
| Board average tenure | 14.8yrs |
Recent management updates
Recent updates
Terreno Realty: Mixed Signals
Nov 29Terreno Realty: Valuation Premium Makes It Inferior Pick In The Industrial Sector
Sep 09Terreno Realty: Nominal Growth Over Per Share Growth
Jun 18Terreno Realty: Too Much Focus On Growth Vs. Growth Per Share
Apr 21Terreno Realty: Attractive Financials But Overvalued (Rating Downgrade)
Mar 07Terreno Realty: Quality Is Expensive
Dec 18Terreno Realty: Buy The Dip On This Top Industrial Player
Oct 03Terreno Realty: Great Company At A Hefty Price
Jul 17Terreno Realty acquires property for $173.6M
Feb 24Huge AFFO Growth Poised To Continue At Terreno
Feb 15Terreno Realty stock falls 3% after hours on 5M share offering
Feb 09Terreno Realty reports $59.4M acquisitions in Q4, 98.6% occupancy
Jan 09Terreno Realty sells industrial property in New Jersey for $24.3M
Jan 03Terreno Realty signs lease renewal in Commerce, California
Dec 19Terreno Realty buys California industrial property for ~$17M
Nov 02Terreno Realty acquires Miami industrial property for $4.7M
Oct 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$165m |
| Jun 30 2024 | n/a | n/a | US$159m |
| Mar 31 2024 | n/a | n/a | US$163m |
| Dec 31 2023 | US$5m | US$800k | US$151m |
| Sep 30 2023 | n/a | n/a | US$152m |
| Jun 30 2023 | n/a | n/a | US$144m |
| Mar 31 2023 | n/a | n/a | US$201m |
| Dec 31 2022 | US$4m | US$800k | US$197m |
| Sep 30 2022 | n/a | n/a | US$171m |
| Jun 30 2022 | n/a | n/a | US$170m |
| Mar 31 2022 | n/a | n/a | US$90m |
| Dec 31 2021 | US$4m | US$800k | US$87m |
| Sep 30 2021 | n/a | n/a | US$68m |
| Jun 30 2021 | n/a | n/a | US$70m |
| Mar 31 2021 | n/a | n/a | US$83m |
| Dec 31 2020 | US$3m | US$800k | US$79m |
| Sep 30 2020 | n/a | n/a | US$81m |
| Jun 30 2020 | n/a | n/a | US$73m |
| Mar 31 2020 | n/a | n/a | US$53m |
| Dec 31 2019 | US$3m | US$800k | US$55m |
| Sep 30 2019 | n/a | n/a | US$63m |
| Jun 30 2019 | n/a | n/a | US$59m |
| Mar 31 2019 | n/a | n/a | US$68m |
| Dec 31 2018 | US$2m | US$791k | US$63m |
| Sep 30 2018 | n/a | n/a | US$51m |
| Jun 30 2018 | n/a | n/a | US$60m |
| Mar 31 2018 | n/a | n/a | US$54m |
| Dec 31 2017 | US$2m | US$783k | US$49m |
Compensation vs Market: W.'s total compensation ($USD5.05M) is below average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: W.'s compensation has been consistent with company performance over the past year.
CEO
W. Baird (63 yo)
14.8yrs
Tenure
US$5,046,801
Compensation
Mr. W. Blake Baird has been Chief Executive Officer, Chairman and Co-Founder of Terreno Realty Corporation since February 2010. Prior to Terreno Realty Corporation, Mr. Baird served as the President at AMB...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.8yrs | US$5.05m | 0.81% $ 47.9m | |
| Co-Founder | 14.8yrs | US$5.05m | 0.56% $ 33.2m | |
| Executive VP | 11.6yrs | US$2.53m | 0.17% $ 10.0m | |
| Executive VP & COO | less than a year | US$2.53m | 0.18% $ 10.5m |
13.2yrs
Average Tenure
59.5yo
Average Age
Experienced Management: TRNO's management team is seasoned and experienced (13.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.8yrs | US$5.05m | 0.81% $ 47.9m | |
| Co-Founder | 14.8yrs | US$5.05m | 0.56% $ 33.2m | |
| Independent Director | 14.8yrs | US$180.01k | 0.037% $ 2.2m | |
| Independent Lead Director | 14.8yrs | US$180.01k | 0.11% $ 6.5m | |
| Independent Director | 14.8yrs | US$180.01k | 0.056% $ 3.3m | |
| Independent Director | 2.2yrs | US$180.01k | 0.0054% $ 318.9k | |
| Independent Director | 1.9yrs | US$180.01k | 0.0044% $ 257.1k | |
| Independent Director | less than a year | no data | no data |
14.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: TRNO's board of directors are seasoned and experienced ( 14.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Terreno Realty Corporation is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rodgers | Baird |
| Brendan Lynch | Barclays |
| Connor Siversky | Berenberg |