Terreno Realty Past Earnings Performance
Past criteria checks 2/6
Terreno Realty has been growing earnings at an average annual rate of 24.7%, while the Industrial REITs industry saw earnings growing at 20.3% annually. Revenues have been growing at an average rate of 16.5% per year. Terreno Realty's return on equity is 4.6%, and it has net margins of 45.6%.
Key information
24.7%
Earnings growth rate
18.9%
EPS growth rate
| Industrial REITs Industry Growth | 24.3% |
| Revenue growth rate | 16.5% |
| Return on equity | 4.6% |
| Net Margin | 45.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Terreno 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 17Here's Why Terreno Realty (NYSE:TRNO) Has Caught The Eye Of Investors
Feb 27
Terreno 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 25Red Hot Fundamentals At Terreno
Oct 14Is Now The Time To Put Terreno Realty (NYSE:TRNO) On Your Watchlist?
Sep 14Terreno Realty Corporation acquires property in Anaheim, CA for $7.3M
Sep 07Revenue & Expenses Breakdown
How Terreno Realty makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 349 | 159 | 40 | 0 |
| 31 Mar 24 | 334 | 163 | 39 | 0 |
| 31 Dec 23 | 324 | 151 | 38 | 0 |
| 30 Sep 23 | 313 | 152 | 36 | 0 |
| 30 Jun 23 | 301 | 144 | 35 | 0 |
| 31 Mar 23 | 287 | 201 | 33 | 0 |
| 31 Dec 22 | 276 | 197 | 31 | 0 |
| 30 Sep 22 | 261 | 171 | 31 | 0 |
| 30 Jun 22 | 247 | 170 | 29 | 0 |
| 31 Mar 22 | 235 | 90 | 29 | 0 |
| 31 Dec 21 | 222 | 87 | 27 | 0 |
| 30 Sep 21 | 210 | 68 | 26 | 0 |
| 30 Jun 21 | 200 | 70 | 25 | 0 |
| 31 Mar 21 | 192 | 83 | 23 | 0 |
| 31 Dec 20 | 187 | 79 | 23 | 0 |
| 30 Sep 20 | 183 | 81 | 23 | 0 |
| 30 Jun 20 | 179 | 73 | 23 | 0 |
| 31 Mar 20 | 175 | 53 | 24 | 0 |
| 31 Dec 19 | 171 | 55 | 24 | 0 |
| 30 Sep 19 | 165 | 63 | 24 | 0 |
| 30 Jun 19 | 160 | 59 | 24 | 0 |
| 31 Mar 19 | 155 | 68 | 22 | 0 |
| 31 Dec 18 | 152 | 63 | 22 | 0 |
| 30 Sep 18 | 147 | 51 | 20 | 0 |
| 30 Jun 18 | 143 | 60 | 20 | 0 |
| 31 Mar 18 | 138 | 54 | 21 | 0 |
| 31 Dec 17 | 132 | 49 | 20 | 0 |
| 30 Sep 17 | 128 | 39 | 21 | 0 |
| 30 Jun 17 | 121 | 22 | 22 | 0 |
| 31 Mar 17 | 114 | 10 | 20 | 0 |
| 31 Dec 16 | 108 | 11 | 19 | 0 |
| 30 Sep 16 | 103 | 10 | 18 | 0 |
| 30 Jun 16 | 100 | 11 | 16 | 0 |
| 31 Mar 16 | 98 | 19 | 14 | 0 |
| 31 Dec 15 | 96 | 11 | 15 | 0 |
| 30 Sep 15 | 90 | 13 | 12 | 0 |
| 30 Jun 15 | 84 | 12 | 12 | 0 |
| 31 Mar 15 | 76 | 5 | 11 | 0 |
| 31 Dec 14 | 69 | 7 | 9 | 0 |
| 30 Sep 14 | 63 | 5 | 10 | 0 |
| 30 Jun 14 | 57 | 2 | 9 | 0 |
| 31 Mar 14 | 51 | 0 | 9 | 0 |
| 31 Dec 13 | 46 | -1 | 8 | 0 |
Quality Earnings: TRNO has a large one-off gain of $31.4M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: TRNO's current net profit margins (45.6%) are lower than last year (47.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TRNO's earnings have grown significantly by 24.7% per year over the past 5 years.
Accelerating Growth: TRNO's earnings growth over the past year (10.2%) is below its 5-year average (24.7% per year).
Earnings vs Industry: TRNO earnings growth over the past year (10.2%) exceeded the Industrial REITs industry 6.9%.
Return on Equity
High ROE: TRNO's Return on Equity (4.6%) is considered low.