Terreno Realty Past Earnings Performance
Past criteria checks 1/6
Terreno Realty has been growing earnings at an average annual rate of 23.3%, while the Industrial REITs industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 16.8% per year. Terreno Realty's return on equity is 4.6%, and it has net margins of 45.2%.
Key information
23.3%
Earnings growth rate
17.3%
EPS growth rate
| Industrial REITs Industry Growth | 24.3% |
| Revenue growth rate | 16.8% |
| Return on equity | 4.6% |
| Net Margin | 45.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 25Revenue & 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 Sep 24 | 365 | 165 | 42 | 0 |
| 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 September, 2024.
Growing Profit Margin: TRNO's current net profit margins (45.2%) are lower than last year (48.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TRNO's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: TRNO's earnings growth over the past year (8.6%) is below its 5-year average (23.3% per year).
Earnings vs Industry: TRNO earnings growth over the past year (8.6%) did not outperform the Industrial REITs industry 8.6%.
Return on Equity
High ROE: TRNO's Return on Equity (4.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:53 |
| 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 |
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| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |