Terreno Realty Corporation (TRNO)

Terreno Realty Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	442.61	382.62	323.59	276.21	221.93	186.88
Total Revenue	442.61	382.62	323.59	276.21	221.93	186.88
Revenue Growth (YoY	21.13%	18.24%	17.15%	24.46%	18.75%	9.28%
Property Expenses	113.02	98.09	79.09	68.9	56.25	49.1
Selling, General & Administrative	46.42	42.59	37.94	31.19	26.96	23.49
Depreciation & Amortization	109.24	93.92	73.22	65.76	50.69	45.88
Total Operating Expenses	268.68	234.59	190.24	165.86	133.9	118.46
Operating Income	173.93	148.03	133.35	110.35	88.03	68.42
Interest Expense	-28.59	-20.92	-24.8	-23.85	-18.05	-16
Interest & Investment Income	7.05	12.08	4.96	0.81	0.82	0.87
EBT Excluding Unusual Items	152.39	139.19	113.52	87.31	70.8	53.3
Merger & Restructuring Charges	-0.07	-0.07	-0.22	-1.47	-0.17	-0.27
Gain (Loss) on Sale of Assets	168.56	45.38	38.16	112.17	16.63	26.77
Pretax Income	320.88	184.5	151.46	198.01	87.25	79.8
Net Income	320.88	184.5	151.46	198.01	87.25	79.8
Preferred Dividends & Other Adjustments	1.4	0.79	0.71	0.85	0.31	0.4
Net Income to Common	319.48	183.71	150.75	197.16	86.94	79.4
Net Income Growth	93.36%	21.82%	-23.51%	126.94%	9.35%	43.73%
Basic Shares Outstanding	101	96	83	75	71	68
Diluted Shares Outstanding	102	96	83	76	71	68
Shares Change (YoY)	10.11%	14.96%	10.30%	6.77%	3.85%	5.33%
EPS (Basic)	3.15	1.92	1.81	2.61	1.23	1.17
EPS (Diluted)	3.15	1.92	1.81	2.61	1.23	1.16
EPS Growth	75.67%	6.08%	-30.65%	112.19%	6.03%	36.47%
Dividend Per Share	1.990	1.880	1.700	1.480	1.260	1.120
Dividend Growth	8.15%	10.59%	14.87%	17.46%	12.50%	9.80%
Operating Margin	39.30%	38.69%	41.21%	39.95%	39.67%	36.61%
Profit Margin	72.18%	48.01%	46.59%	71.38%	39.18%	42.48%
EBITDA	262.03	224.66	192.65	159.85	131.03	108.88
EBITDA Margin	59.20%	58.72%	59.54%	57.87%	59.04%	58.26%
D&A For Ebitda	88.1	76.63	59.3	49.49	43	40.46
EBIT	173.93	148.03	133.35	110.35	88.03	68.42
EBIT Margin	39.30%	38.69%	41.21%	39.95%	39.67%	36.61%
Funds From Operations (FFO)	260.27	231.87	185.5	150.88	120.81	98.34
FFO Per Share	2.56	2.42	2.22	2.00	1.71	1.44
Adjusted Funds From Operations (AFFO)	-	231.87	185.5	150.88	120.81	98.34
AFFO Per Share	-	2.42	2.22	2.00	1.71	1.44
FFO Payout Ratio	76.46%	75.46%	73.24%	71.19%	70.05%	76.04%
Revenue as Reported	442.61	382.62	323.59	276.21	221.93	186.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q