Block, Inc. (SQ) vs Terreno Realty Corporation (TRNO)

TRNO leads on 12 of 15 compared metrics.

A side-by-side comparison of Block, Inc. and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — SQ vs TRNO

growth of $100 · last 9y
SQ +578.4%TRNO +182.3%SQ compounded faster
05001k2k2kStart $10020172019202120232025$678$282
SQ TRNO

SQ vs TRNO: by the numbers

  • SQ is the larger company ($51.73B vs $7.15B market cap).
  • TRNO trades at the lower earnings multiple (16.49 vs 49.81 P/E).
  • TRNO is profitable (86.52% net margin) while SQ runs a net loss (-2.04%).
  • TRNO grew revenue faster over the past five years (20.57% vs 13.19% CAGR).
  • TRNO pays a dividend (3.05% yield) while SQ does not currently pay one.

Which is better, SQ or TRNO?

Metric tally: SQ 3 · TRNO 12

It depends on what you're optimizing for:

ValueTRNO(lower P/E)
GrowthTRNO(faster 5Y revenue CAGR)
QualityTRNO(higher ROIC)

Valuation

MetricSQTRNO
P/E ratio49.8116.49
Forward P/E40.04
P/S ratio2.3514.43
P/B ratio2.821.65
PEG ratio696.220.14
EV / EBITDA26.6113.82
FCF yield1.28%2.87%

Profitability

MetricSQTRNO
Gross margin44.85%63.89%
Operating margin4.93%40.81%
Net margin-2.04%86.52%
ROE-2.30%9.88%
ROIC-12.82%3.66%

Dividends

MetricSQTRNO
Dividend yield3.05%
Payout ratio52.16%

Growth (annualized)

MetricSQTRNO
Revenue CAGR (5Y)13.19%20.57%
EPS CAGR (5Y)34.72%35.52%
FCF CAGR (5Y)64.00%22.41%
Total return CAGR (5Y)4.50%3.07%

Frequently asked

Which is better, SQ or TRNO?
It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); quality: TRNO (higher ROIC). Across all compared metrics, TRNO leads 12 to 3.
Is SQ or TRNO cheaper?
On trailing earnings, TRNO is cheaper: SQ trades at a 49.81 P/E and TRNO at 16.49.
Which has grown faster, SQ or TRNO?
Over the past five years, TRNO grew revenue faster — SQ at a 13.19% CAGR versus TRNO at 20.57%.
Does SQ or TRNO pay a bigger dividend?
TRNO pays a dividend (3.05% yield) while SQ does not currently pay one.
Is SQ or TRNO more profitable?
TRNO runs the higher net margin — SQ at -2.04% versus TRNO at 86.52%.
Which has been the better investment, SQ or TRNO?
Over the past 5-year, TRNO delivered the higher annualized total return — SQ at 4.50% 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 14, 2026.