Microsoft Corporation (MSFT) vs Terreno Realty Corporation (TRNO)

TRNO leads on 10 of 17 compared metrics.

A side-by-side comparison of Microsoft 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).

Total return — MSFT vs TRNO

growth of $100 · last 16y
MSFT +1296.0%TRNO +260.7%MSFT compounded faster
05001k2k2kStart $10020132016201920222025$1,396$361
MSFT TRNO

MSFT vs TRNO: by the numbers

  • MSFT is the larger company ($2.90T vs $7.15B market cap).
  • TRNO trades at the lower earnings multiple (16.49 vs 23.26 P/E).
  • TRNO converts more revenue to profit (86.52% vs 39.34% net margin).
  • TRNO grew revenue faster over the past five years (20.57% vs 14.75% CAGR).
  • TRNO pays the higher dividend yield (3.05% vs 0.91%).

Which is better, MSFT or TRNO?

Metric tally: MSFT 7 · TRNO 10

It depends on what you're optimizing for:

ValueTRNO(lower P/E)
GrowthTRNO(faster 5Y revenue CAGR)
IncomeTRNO(higher dividend yield)
QualityMSFT(higher ROIC)

Valuation

MetricMSFTTRNO
P/E ratio23.2616.49
Forward P/E20.1140.04
P/S ratio9.1414.43
P/B ratio7.021.65
PEG ratio2.340.14
EV / EBITDA14.6013.82
FCF yield2.51%2.87%

Profitability

MetricMSFTTRNO
Gross margin68.31%63.89%
Operating margin46.80%40.81%
Net margin39.34%86.52%
ROE30.22%9.88%
ROIC21.63%3.66%

Dividends

MetricMSFTTRNO
Dividend yield0.91%3.05%
Payout ratio25.99%52.16%

Growth (annualized)

MetricMSFTTRNO
Revenue CAGR (5Y)14.75%20.57%
EPS CAGR (5Y)18.68%35.52%
FCF CAGR (5Y)6.27%22.41%
Total return CAGR (5Y)9.56%3.07%

Frequently asked

Which is better, MSFT or TRNO?
It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: TRNO (higher dividend yield); quality: MSFT (higher ROIC). Across all compared metrics, TRNO leads 10 to 7.
Is MSFT or TRNO cheaper?
On trailing earnings, TRNO is cheaper: MSFT trades at a 23.26 P/E and TRNO at 16.49.
Which has grown faster, MSFT or TRNO?
Over the past five years, TRNO grew revenue faster — MSFT at a 14.75% CAGR versus TRNO at 20.57%.
Does MSFT or TRNO pay a bigger dividend?
MSFT yields 0.91% and TRNO yields 3.05% based on trailing dividends and the latest price.
Is MSFT or TRNO more profitable?
TRNO runs the higher net margin — MSFT at 39.34% versus TRNO at 86.52%.
Which has been the better investment, MSFT or TRNO?
Over the past 10-year, MSFT delivered the higher annualized total return — MSFT at 23.98% versus TRNO at 13.47%. 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 13, 2026.