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

TRNO leads on 9 of 15 compared metrics.

A side-by-side comparison of Terreno Realty Corporation and UDR, Inc. 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).

Compare

Total return — TRNO vs UDR

growth of $100 · last 16y
TRNO +260.7%UDR +168.0%TRNO compounded faster
100200300400Start $10020132016201920222025$361$268
TRNO UDR

TRNO vs UDR: by the numbers

  • UDR is the larger company ($12.80B vs $7.15B market cap).
  • TRNO trades at the lower earnings multiple (16.49 vs 26.99 P/E).
  • TRNO converts more revenue to profit (86.52% vs 28.60% net margin).
  • TRNO grew revenue faster over the past five years (20.57% vs 7.05% CAGR).
  • UDR pays the higher dividend yield (4.38% vs 3.05%).

Which is better, TRNO or UDR?

Metric tally: TRNO 9 · UDR 6

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricTRNOUDR
P/E ratio16.4926.99
Forward P/E40.0474.50
P/S ratio14.437.58
P/B ratio1.653.96
PEG ratio0.140.10
EV / EBITDA13.8214.52

Profitability

MetricTRNOUDR
Gross margin63.89%46.00%
Operating margin40.81%27.36%
Net margin86.52%28.60%
ROE9.88%14.94%
ROIC3.66%29.38%

Dividends

MetricTRNOUDR
Dividend yield3.05%4.38%
Payout ratio52.16%152.65%

Growth (annualized)

MetricTRNOUDR
Revenue CAGR (5Y)20.57%7.05%
EPS CAGR (5Y)35.52%41.39%
Total return CAGR (5Y)3.07%-0.94%

Frequently asked

Which is better, TRNO or UDR?
It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: UDR (higher dividend yield); quality: UDR (higher ROIC). Across all compared metrics, TRNO leads 9 to 6.
Is TRNO or UDR cheaper?
On trailing earnings, TRNO is cheaper: TRNO trades at a 16.49 P/E and UDR at 26.99.
Which has grown faster, TRNO or UDR?
Over the past five years, TRNO grew revenue faster — TRNO at a 20.57% CAGR versus UDR at 7.05%.
Does TRNO or UDR pay a bigger dividend?
TRNO yields 3.05% and UDR yields 4.38% based on trailing dividends and the latest price.
Is TRNO or UDR more profitable?
TRNO runs the higher net margin — TRNO at 86.52% versus UDR at 28.60%.
Which has been the better investment, TRNO or UDR?
Over the past 10-year, TRNO delivered the higher annualized total return — TRNO at 13.47% versus UDR at 5.33%. 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.