Is BXP or TRNO cheaper?

On trailing earnings, TRNO is cheaper: BXP trades at a 32.33 P/E and TRNO at 16.09.

Which has grown faster, BXP or TRNO?

Over the past five years, TRNO grew revenue faster — BXP at a 5.06% CAGR versus TRNO at 20.57%.

Does BXP or TRNO pay a bigger dividend?

BXP yields 4.79% and TRNO yields 3.12% based on trailing dividends and the latest price.

Is BXP or TRNO more profitable?

TRNO runs the higher net margin — BXP at 9.09% versus TRNO at 86.52%.

Which has been the better investment, BXP or TRNO?

Over the past 10-year, TRNO delivered the higher annualized total return — BXP at -2.93% versus TRNO at 12.95%. Past performance doesn't predict future results.

BXP, Inc. (BXP) vs Terreno Realty Corporation (TRNO)

TRNO leads on 9 of 14 compared metrics.

A side-by-side comparison of BXP, 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).

Terreno Realty Corporation

$6.98B

$65.65Real Estate

Total return — BXP vs TRNO

growth of $100 · last 16y

BXP +3.0%TRNO +252.0%TRNO compounded faster

BXP TRNO

BXP vs TRNO: by the numbers

•BXP is the larger company ($10.26B vs $6.98B market cap).
•TRNO trades at the lower earnings multiple (16.09 vs 32.33 P/E).
•TRNO converts more revenue to profit (86.52% vs 9.09% net margin).
•TRNO grew revenue faster over the past five years (20.57% vs 5.06% CAGR).
•BXP pays the higher dividend yield (4.79% vs 3.12%).

Which is better, BXP or TRNO?

Metric tally: BXP 5 · TRNO 9

It depends on what you're optimizing for:

ValueTRNO(lower P/E)

GrowthTRNO(faster 5Y revenue CAGR)

IncomeBXP(higher dividend yield)

QualityBXP(higher ROIC)

Metrics side by side

Valuation

Metric	BXP	TRNO
P/E ratio	32.33	16.09●
Forward P/E	34.45●	39.08
P/S ratio	2.93●	14.09
P/B ratio	1.98	1.61●
PEG ratio	0.02●	0.14
EV / EBITDA	13.67	13.52

Profitability

Metric	BXP	TRNO
Gross margin	60.20%	63.89%●
Operating margin	35.22%	40.81%●
Net margin	9.09%	86.52%●
ROE	6.16%	9.88%●
ROIC	7.63%●	3.66%

Dividends

Metric	BXP	TRNO
Dividend yield	4.79%●	3.12%
Payout ratio	176.00%	52.16%

Growth (annualized)

Metric	BXP	TRNO
Revenue CAGR (5Y)	5.06%	20.57%●
EPS CAGR (5Y)	-20.59%	35.52%●
Total return CAGR (5Y)	-6.90%	2.81%●

Frequently asked

Which is better, BXP or TRNO?: It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: BXP (higher dividend yield); quality: BXP (higher ROIC). Across all compared metrics, TRNO leads 9 to 5.
Is BXP or TRNO cheaper?: On trailing earnings, TRNO is cheaper: BXP trades at a 32.33 P/E and TRNO at 16.09.
Which has grown faster, BXP or TRNO?: Over the past five years, TRNO grew revenue faster — BXP at a 5.06% CAGR versus TRNO at 20.57%.
Does BXP or TRNO pay a bigger dividend?: BXP yields 4.79% and TRNO yields 3.12% based on trailing dividends and the latest price.
Is BXP or TRNO more profitable?: TRNO runs the higher net margin — BXP at 9.09% versus TRNO at 86.52%.
Which has been the better investment, BXP or TRNO?: Over the past 10-year, TRNO delivered the higher annualized total return — BXP at -2.93% versus TRNO at 12.95%. Past performance doesn't predict future results.

Go deeper

Full BXP analysis Full TRNO analysis Interactive comparison tool

Dig into the metrics

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

BXP & Terreno Realty appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield 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 24, 2026.