Apple Hospitality REIT, Inc. (APLE) vs Terreno Realty Corporation (TRNO)
A side-by-side comparison of Apple Hospitality REIT, Inc. and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.
APLE
Apple Hospitality REIT, Inc.
$16.18Real EstateAt close: Aug 7, 2026, 4:00 PM ET
TRNO
Terreno Realty Corporation
$68.76Real EstateAt close: Aug 7, 2026, 4:00 PM ET
Total return — APLE vs TRNO
growth of $100 · dividends reinvested · last 11yAPLE +67.0%TRNO +345.2%TRNO compounded faster
APLE TRNO
APLE vs TRNO: by the numbers
- •TRNO is the larger company ($7.31B vs $3.82B market cap).
- •TRNO trades at the lower trailing earnings multiple (18.48 vs 21.86 P/E), one valuation lens rather than an overall verdict.
- •TRNO converts more revenue to profit (77.27% vs 12.17% net margin).
- •TRNO grew revenue faster over the past five years (20.25% vs 15.90% CAGR).
- •APLE pays the higher dividend yield (5.93% vs 3.03%).
Metrics side by side
Valuation
| Metric | APLE | TRNO |
|---|---|---|
| P/E ratio | 21.86 | 18.48 |
| Forward P/E | 23.31 | 35.32 |
| P/S ratio | 2.65 | 14.59 |
| P/B ratio | 1.22 | 1.65 |
| PEG ratio | N/A | 0.14 |
| EV / EBITDA | 8.74 | 27.56 |
| FCF yield | 10.10% | 3.44% |
Profitability
| Metric | APLE | TRNO |
|---|---|---|
| Gross margin | 6.38% | 75.84% |
| Operating margin | 17.57% | 40.39% |
| Net margin | 12.17% | 77.27% |
| ROE | 5.58% | 8.77% |
| ROIC | 7.79% | 3.22% |
Dividends
| Metric | APLE | TRNO |
|---|---|---|
| Dividend yield | 5.93% | 3.03% |
| Payout ratio | 129.73% | 52.93% |
Growth (annualized)
| Metric | APLE | TRNO |
|---|---|---|
| Revenue CAGR (5Y) | 15.90% | 20.25% |
| EPS CAGR (5Y) | N/A | 35.52% |
| FCF CAGR (5Y) | 51.26% | 26.49% |
| Total return CAGR (5Y) | 7.70% | 3.08% |
Frequently asked
- Which has the lower trailing P/E, APLE or TRNO?
- TRNO has the lower trailing P/E: APLE trades at 21.86 and TRNO at 18.48. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APLE or TRNO?
- Over the past five years, TRNO grew revenue faster — APLE at a 15.90% CAGR versus TRNO at 20.25%.
- Does APLE or TRNO pay a bigger dividend?
- APLE yields 5.93% and TRNO yields 3.03% based on trailing dividends and the latest price.
- Is APLE or TRNO more profitable?
- TRNO runs the higher net margin — APLE at 12.17% versus TRNO at 77.27%.
- How have APLE and TRNO total returns compared?
- Over the past 10 years, APLE delivered 3.29% and TRNO delivered 12.71% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Apple Hospitality REIT P/E ratioTerreno Realty P/E ratioApple Hospitality REIT dividend yieldTerreno Realty dividend yieldApple Hospitality REIT ROETerreno Realty ROEApple Hospitality REIT operating marginTerreno Realty operating marginApple Hospitality REIT revenue growthTerreno Realty revenue growthApple Hospitality REIT free cash flowTerreno Realty free cash flow
Apple Hospitality REIT & Terreno Realty appear in these rankings
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 August 8, 2026.