Is ADC or TRNO cheaper?

On trailing earnings, TRNO is cheaper: ADC trades at a 40.77 P/E and TRNO at 16.49.

Which has grown faster, ADC or TRNO?

Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus TRNO at 20.57%.

Does ADC or TRNO pay a bigger dividend?

ADC yields 4.13% and TRNO yields 3.05% based on trailing dividends and the latest price.

Is ADC or TRNO more profitable?

TRNO runs the higher net margin — ADC at 29.28% versus TRNO at 86.52%.

Which has been the better investment, ADC or TRNO?

Over the past 10-year, TRNO delivered the higher annualized total return — ADC at 9.97% versus TRNO at 13.47%. Past performance doesn't predict future results.

Agree Realty Corporation (ADC) vs Terreno Realty Corporation (TRNO)

TRNO leads on 9 of 17 compared metrics.

A side-by-side comparison of Agree Realty Corporation and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ADC

Agree Realty Corporation

$9.11B

$75.83Real Estate

TRNO

Terreno Realty Corporation

$7.15B

$67.27Real Estate

Total return — ADC vs TRNO

growth of $100 · last 16y

ADC +278.4%TRNO +260.7%ADC compounded faster

ADC TRNO

ADC vs TRNO: by the numbers

•ADC is the larger company ($9.11B vs $7.15B market cap).
•TRNO trades at the lower earnings multiple (16.49 vs 40.77 P/E).
•TRNO converts more revenue to profit (86.52% vs 29.28% net margin).
•ADC grew revenue faster over the past five years (22.62% vs 20.57% CAGR).
•ADC pays the higher dividend yield (4.13% vs 3.05%).

Which is better, ADC or TRNO?

Metric tally: ADC 8 · TRNO 9

It depends on what you're optimizing for:

ValueTRNO(lower P/E)

GrowthADC(faster 5Y revenue CAGR)

IncomeADC(higher dividend yield)

QualityTRNO(higher ROIC)

Valuation

Metric	ADC	TRNO
P/E ratio	40.77	16.49●
Forward P/E	36.71●	40.04
P/S ratio	12.17●	14.43
P/B ratio	1.46●	1.65
PEG ratio	370.63	0.14●
EV / EBITDA	20.21	13.82●
FCF yield	1.21%	2.87%●

Profitability

Metric	ADC	TRNO
Gross margin	87.64%●	63.89%
Operating margin	48.03%●	40.81%
Net margin	29.28%	86.52%●
ROE	3.52%	9.88%●
ROIC	3.51%	3.66%●

Dividends

Metric	ADC	TRNO
Dividend yield	4.13%●	3.05%
Payout ratio	176.84%	52.16%

Growth (annualized)

Metric	ADC	TRNO
Revenue CAGR (5Y)	22.62%●	20.57%
EPS CAGR (5Y)	0.11%	35.52%●
FCF CAGR (5Y)	-7.18%	22.41%●
Total return CAGR (5Y)	5.56%●	3.07%

Frequently asked

Which is better, ADC or TRNO?: It depends on your goal. value: TRNO (lower P/E); growth: ADC (faster 5Y revenue CAGR); income: ADC (higher dividend yield); quality: TRNO (higher ROIC). Across all compared metrics, TRNO leads 9 to 8.
Is ADC or TRNO cheaper?: On trailing earnings, TRNO is cheaper: ADC trades at a 40.77 P/E and TRNO at 16.49.
Which has grown faster, ADC or TRNO?: Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus TRNO at 20.57%.
Does ADC or TRNO pay a bigger dividend?: ADC yields 4.13% and TRNO yields 3.05% based on trailing dividends and the latest price.
Is ADC or TRNO more profitable?: TRNO runs the higher net margin — ADC at 29.28% versus TRNO at 86.52%.
Which has been the better investment, ADC or TRNO?: Over the past 10-year, TRNO delivered the higher annualized total return — ADC at 9.97% versus TRNO at 13.47%. Past performance doesn't predict future results.

Go deeper

Full ADC analysis Full TRNO analysis Interactive comparison tool

Dig into the metrics

Agree Realty P/E ratio Terreno Realty P/E ratio Agree Realty dividend yield Terreno Realty dividend yield Agree Realty ROE Terreno Realty ROE Agree Realty operating margin Terreno Realty operating margin Agree Realty revenue growth Terreno Realty revenue growth Agree Realty free cash flow Terreno Realty free cash flow

Agree Realty & Terreno Realty appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.