Terreno Realty Corporation (TRNO)

Terreno Realty Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	365.4	323.59	276.21	221.93	186.88	171.02
Total Revenue	365.4	323.59	276.21	221.93	186.88	171.02
Revenue Growth (YoY	16.70%	17.15%	24.46%	18.75%	9.27%	12.77%
Property Expenses	91.83	79.09	68.9	56.25	49.1	44.2
Selling, General & Administrative	41.56	37.94	31.19	26.96	23.49	23.92
Depreciation & Amortization	86.59	73.22	65.76	50.69	45.88	44.02
Total Operating Expenses	219.98	190.24	165.86	133.9	118.46	112.14
Operating Income	145.42	133.35	110.35	88.03	68.42	58.88
Interest Expense	-21.37	-24.8	-23.85	-18.05	-16	-16.34
Interest & Investment Income	10.51	4.96	0.81	0.82	0.87	3.82
EBT Excluding Unusual Items	134.56	113.52	87.31	70.8	53.3	46.36
Merger & Restructuring Charges	-0.22	-0.22	-1.47	-0.17	-0.27	-0.05
Gain (Loss) on Sale of Assets	31.61	38.16	112.17	16.63	26.77	9.39
Other Unusual Items	-	-	-	-	-	-0.19
Pretax Income	165.95	151.46	198.01	87.25	79.8	55.52
Earnings From Continuing Operations	165.95	151.46	198.01	87.25	79.8	55.52
Net Income	165.95	151.46	198.01	87.25	79.8	55.52
Preferred Dividends & Other Adjustments	0.74	0.71	0.85	0.31	0.4	0.35
Net Income to Common	165.21	150.75	197.16	86.94	79.4	55.17
Net Income Growth	8.62%	-23.51%	126.94%	9.35%	43.73%	-12.28%
Basic Shares Outstanding	92	83	75	71	68	64
Diluted Shares Outstanding	92	83	76	71	68	65
Shares Change (YoY)	14.06%	10.30%	6.77%	3.85%	5.33%	12.59%
EPS (Basic)	1.79	1.81	2.61	1.23	1.17	0.86
EPS (Diluted)	1.79	1.81	2.61	1.23	1.16	0.85
EPS Growth	-4.52%	-30.65%	112.20%	6.03%	36.47%	-22.02%
Dividend Per Share	1.840	1.700	1.480	1.260	1.120	1.020
Dividend Growth	11.52%	14.86%	17.46%	12.50%	9.80%	10.87%
Operating Margin	39.80%	41.21%	39.95%	39.67%	36.61%	34.43%
Profit Margin	45.21%	46.59%	71.38%	39.18%	42.48%	32.26%
Free Cash Flow Margin	60.32%	55.53%	51.85%	59.57%	54.07%	55.37%
EBITDA	216.35	192.65	159.85	131.03	108.88	98.22
EBITDA Margin	59.21%	59.53%	57.87%	59.04%	58.26%	57.43%
D&A For Ebitda	70.94	59.3	49.49	43	40.46	39.33
EBIT	145.42	133.35	110.35	88.03	68.42	58.88
EBIT Margin	39.80%	41.21%	39.95%	39.67%	36.61%	34.43%
Funds From Operations (FFO)	219.78	185.5	150.88	120.81	98.34	89.47
FFO Per Share	2.38	2.22	2.00	1.71	1.44	1.38
Adjusted Funds From Operations (AFFO)	-	185.5	150.88	120.81	98.34	89.47
AFFO Per Share	-	2.22	2.00	1.71	1.44	1.38
FFO Payout Ratio	74.86%	73.24%	71.19%	70.05%	76.04%	71.05%
Revenue as Reported	365.4	323.59	276.21	221.93	186.88	171.02

Source: S&P Capital IQ. Real Estate template. Financial Sources.