Regency Centers Corporation (REG) vs Terreno Realty Corporation (TRNO)

TRNO leads on 8 of 15 compared metrics.

A side-by-side comparison of Regency Centers Corporation and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — REG vs TRNO

growth of $100 · last 16y
REG +143.2%TRNO +257.2%TRNO compounded faster
100200300400Start $10020132016201920222025$243$357
REG TRNO

REG vs TRNO: by the numbers

  • REG is the larger company ($14.49B vs $7.09B market cap).
  • TRNO trades at the lower earnings multiple (16.49 vs 23.07 P/E).
  • TRNO converts more revenue to profit (86.52% vs 38.12% net margin).
  • TRNO grew revenue faster over the past five years (20.57% vs 10.37% CAGR).
  • REG pays the higher dividend yield (3.70% vs 3.05%).

Which is better, REG or TRNO?

Metric tally: REG 7 · TRNO 8

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricREGTRNO
P/E ratio23.0716.49
Forward P/E31.5240.04
P/S ratio8.6514.43
P/B ratio2.141.65
PEG ratio0.780.14
EV / EBITDA17.3713.82

Profitability

MetricREGTRNO
Gross margin47.88%63.89%
Operating margin47.19%40.81%
Net margin38.12%86.52%
ROE9.41%9.88%
ROIC4.43%3.66%

Dividends

MetricREGTRNO
Dividend yield3.70%3.05%
Payout ratio106.45%52.16%

Growth (annualized)

MetricREGTRNO
Revenue CAGR (5Y)10.37%20.57%
EPS CAGR (5Y)59.54%35.52%
Total return CAGR (5Y)7.83%2.68%

Frequently asked

Which is better, REG or TRNO?
It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: REG (higher dividend yield); quality: REG (higher ROIC). Across all compared metrics, TRNO leads 8 to 7.
Is REG or TRNO cheaper?
On trailing earnings, TRNO is cheaper: REG trades at a 23.07 P/E and TRNO at 16.49.
Which has grown faster, REG or TRNO?
Over the past five years, TRNO grew revenue faster — REG at a 10.37% CAGR versus TRNO at 20.57%.
Does REG or TRNO pay a bigger dividend?
REG yields 3.70% and TRNO yields 3.05% based on trailing dividends and the latest price.
Is REG or TRNO more profitable?
TRNO runs the higher net margin — REG at 38.12% versus TRNO at 86.52%.
Which has been the better investment, REG or TRNO?
Over the past 10-year, TRNO delivered the higher annualized total return — REG at 3.89% versus TRNO at 13.08%. 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 15, 2026.