Apple Hospitality REIT, Inc. (APLE) vs Terreno Realty Corporation (TRNO)

APLE leads on 8 of 14 compared metrics, though TRNO is the cheaper stock.

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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — APLE vs TRNO

growth of $100 · last 11y
APLE -7.8%TRNO +215.2%TRNO compounded faster
0100200300400Start $10020172019202120232025$92$315
APLE TRNO

APLE vs TRNO: by the numbers

  • TRNO is the larger company ($6.98B vs $3.92B market cap).
  • TRNO trades at the lower earnings multiple (16.09 vs 22.74 P/E).
  • TRNO converts more revenue to profit (86.52% vs 12.08% net margin).
  • APLE grew revenue faster over the past five years (22.18% vs 20.57% CAGR).
  • APLE pays the higher dividend yield (5.78% vs 3.12%).

Which is better, APLE or TRNO?

Metric tally: APLE 8 · TRNO 6

It depends on what you're optimizing for:

ValueTRNO(lower P/E)
GrowthAPLE(faster 5Y revenue CAGR)
IncomeAPLE(higher dividend yield)
QualityAPLE(higher ROIC)

Metrics side by side

Valuation

MetricAPLETRNO
P/E ratio22.7416.09
Forward P/E24.0639.08
P/S ratio2.7614.09
P/B ratio1.251.61
PEG ratio0.14
EV / EBITDA13.0013.52

Profitability

MetricAPLETRNO
Gross margin30.47%63.89%
Operating margin17.56%40.81%
Net margin12.08%86.52%
ROE5.50%9.88%
ROIC5.08%3.66%

Dividends

MetricAPLETRNO
Dividend yield5.78%3.12%
Payout ratio129.73%52.16%

Growth (annualized)

MetricAPLETRNO
Revenue CAGR (5Y)22.18%20.57%
EPS CAGR (5Y)-0.66%35.52%
Total return CAGR (5Y)7.07%2.81%

Frequently asked

Which is better, APLE or TRNO?
It depends on your goal. value: TRNO (lower P/E); growth: APLE (faster 5Y revenue CAGR); income: APLE (higher dividend yield); quality: APLE (higher ROIC). Across all compared metrics, APLE leads 8 to 6.
Is APLE or TRNO cheaper?
On trailing earnings, TRNO is cheaper: APLE trades at a 22.74 P/E and TRNO at 16.09.
Which has grown faster, APLE or TRNO?
Over the past five years, APLE grew revenue faster — APLE at a 22.18% CAGR versus TRNO at 20.57%.
Does APLE or TRNO pay a bigger dividend?
APLE yields 5.78% and TRNO yields 3.12% based on trailing dividends and the latest price.
Is APLE or TRNO more profitable?
TRNO runs the higher net margin — APLE at 12.08% versus TRNO at 86.52%.
Which has been the better investment, APLE or TRNO?
Over the past 10-year, TRNO delivered the higher annualized total return — APLE at 4.35% versus TRNO at 12.95%. Past performance doesn't predict future results.

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 24, 2026.