Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. Source: stored company filings and market data; unavailable inputs remain N/A.
The EV/EBITDA ratio is 23.92x as of 2026-09-16T23:01:13.644Z.
Calculation as of: 2026-09-16T23:01:13.644Z.
Quote observation: 2026-09-16T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0c9a31bcfc23be5065d77dcd5096a282b114ced3edcc1e349a84d46a393fdefb
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBITDA RATIO
23.92x
EV/EBITDA RATIO AVG TTM
24.85x
EV/EBITDA RATIO AVG 3Y
24.33x
EV/EBITDA RATIO AVG 5Y
24.93x
EV/EBITDA RATIO AVG 10Y
27.05x
EV/EBITDA RATIO AVG 15Y
26.70x
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.72%
CURRENT VS 3Y AVG
-1.69%
CURRENT VS 5Y AVG
-4.06%
CURRENT VS 10Y AVG
-11.58%
CURRENT VS 15Y AVG
-10.42%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
18.34x
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
+30.46%
vs the sector median at left
Terreno Realty Corporation
Market Cap
$6.97B
EV/EBITDA Ratio
23.92x
TTM Avg
24.85x
3Y Avg
24.33x
5Y Avg
24.93x
Market Cap
$8.14B
EV/EBITDA Ratio
20.92x
TTM Avg
22.35x
3Y Avg
20.44x
5Y Avg
20.74x
Market Cap
$8.23B
EV/EBITDA Ratio
18.46x
TTM Avg
19.61x
3Y Avg
19.09x
5Y Avg
19.77x
Market Cap
$9.33B
EV/EBITDA Ratio
N/A
TTM Avg
119.38x
3Y Avg
51.00x
5Y Avg
39.84x
Market Cap
$9.71B
EV/EBITDA Ratio
N/A
TTM Avg
15.78x
3Y Avg
16.17x
5Y Avg
16.77x
Market Cap
$10.18B
EV/EBITDA Ratio
16.71x
TTM Avg
17.20x
3Y Avg
17.26x
5Y Avg
20.11x
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Terreno Realty Corporation (TRNO) | $6.97B | 23.92x | 24.85x | 24.33x | 24.93x |
| NNN REIT, Inc. (NNN)vs › | $7.92B | 14.87x | 15.22x | 15.00x | 15.82x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.14B | 20.92x | 22.35x | 20.44x | 20.74x |
| Agree Realty Corporation (ADC)vs › | $8.23B | 18.46x | 19.61x | 19.09x | 19.77x |
| CubeSmart (CUBE)vs › | $8.99B | 17.78x | 17.54x | 16.99x | 16.47x |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.33B | N/A | 119.38x | 51.00x | 39.84x |
| Federal Realty Investment Trust (FRT)vs › | $9.71B | N/A | 15.78x | 16.17x | 16.77x |
| Camden Property Trust (CPT)vs › | $10.18B | 16.71x | 17.20x | 17.26x | 20.11x |
| BXP, Inc. (BXP)vs › | $10.21B | 12.00x | 12.07x | 13.08x | 14.13x |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.64B | 8.34x | 10.40x | 10.96x | 13.51x |
At 23.9, EV/EBITDA is below its estimated 15-year median — higher than 28% of readings in its estimated 15-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 15-year low
17.6
median
25.8
estimated 15-year high
77.5
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-09-09 | 23.86x |
| 2026-09-08 | 24.14x |
| 2026-09-04 | 24.01x |
| 2026-09-03 | 24.06x |
| 2026-09-02 | 24.04x |
| 2026-09-01 | 24.26x |
| 2026-08-31 | 24.19x |
| 2026-08-28 | 24.31x |
| 2026-08-27 | 24.48x |
| 2026-08-26 | 24.62x |
| 2026-08-25 | 24.88x |
| 2026-08-24 | 25.05x |
| 2026-08-21 | 24.81x |
| 2026-08-20 | 24.89x |
| 2026-08-19 | 24.95x |
| 2026-08-18 | 24.92x |
| 2026-08-17 | 24.82x |
| 2026-08-14 | 24.83x |
| 2026-08-13 | 25.03x |
| 2026-08-12 | 24.98x |
| 2026-08-11 | 24.84x |
| 2026-08-10 | 24.88x |
| 2026-08-07 | 25.00x |
| 2026-08-06 | 24.81x |
| 2026-08-05 | 25.52x |
| 2026-08-04 | 25.82x |
| 2026-08-03 | 26.25x |
| 2026-07-31 | 26.24x |
| 2026-07-30 | 26.46x |
| 2026-07-29 | 26.26x |
| 2026-07-28 | 26.67x |
| 2026-07-27 | 26.67x |
| 2026-07-24 | 26.57x |
| 2026-07-23 | 26.37x |
| 2026-07-22 | 26.71x |
| 2026-07-21 | 27.26x |
| 2026-07-20 | 27.03x |
| 2026-07-17 | 27.34x |
| 2026-07-16 | 27.35x |
| 2026-07-15 | 26.30x |
| 2026-07-14 | 26.07x |
| 2026-07-13 | 25.79x |
| 2026-07-10 | 25.50x |
| 2026-07-09 | 25.23x |
| 2026-07-08 | 24.89x |
| 2026-07-07 | 25.30x |
| 2026-07-06 | 25.18x |
| 2026-07-02 | 24.83x |
| 2026-07-01 | 24.40x |
| 2026-06-30 | 24.00x |
| 2026-06-29 | 24.32x |
| 2026-06-26 | 24.40x |
| 2026-06-25 | 24.19x |
| 2026-06-24 | 24.22x |
| 2026-06-23 | 24.29x |
| 2026-06-22 | 24.01x |
| 2026-06-18 | 23.87x |
| 2026-06-17 | 23.71x |
| 2026-06-16 | 24.49x |
| 2026-06-15 | 24.63x |
| 2026-06-12 | 24.81x |
| 2026-06-11 | 24.62x |
| 2026-06-10 | 24.47x |
| 2026-06-09 | 24.70x |
| 2026-06-08 | 23.69x |
| 2026-06-05 | 23.86x |
| 2026-06-04 | 23.91x |
| 2026-06-03 | 23.79x |
| 2026-06-02 | 23.65x |
| 2026-06-01 | 23.55x |
| 2026-05-29 | 24.30x |
| 2026-05-28 | 24.68x |
| 2026-05-27 | 24.65x |
| 2026-05-26 | 24.63x |
| 2026-05-22 | 24.42x |
| 2026-05-21 | 24.52x |
| 2026-05-20 | 24.46x |
| 2026-05-19 | 24.04x |
| 2026-05-18 | 24.33x |
| 2026-05-15 | 24.09x |
| 2026-05-14 | 24.31x |
| 2026-05-13 | 24.49x |
| 2026-05-12 | 24.37x |
| 2026-05-11 | 24.31x |
| 2026-05-08 | 24.47x |
| 2026-05-07 | 24.58x |
| 2026-05-06 | 24.72x |
| 2026-05-05 | 24.36x |
| 2026-05-04 | 24.22x |
| 2026-05-01 | 24.45x |
| 2026-04-30 | 24.43x |
| 2026-04-29 | 24.29x |
| 2026-04-28 | 24.72x |
| 2026-04-27 | 24.68x |
| 2026-04-24 | 24.46x |
| 2026-04-23 | 24.80x |
| 2026-04-22 | 24.69x |
| 2026-04-21 | 24.77x |
| 2026-04-20 | 25.07x |
| 2026-04-17 | 25.00x |
| 2026-04-16 | 24.61x |
| 2026-04-15 | 24.61x |
| 2026-04-14 | 24.58x |
| 2026-04-13 | 24.56x |
| 2026-04-10 | 24.48x |
| 2026-04-09 | 24.46x |
| 2026-04-08 | 24.05x |
| 2026-04-07 | 23.65x |
| 2026-04-06 | 23.59x |
| 2026-04-02 | 23.42x |
| 2026-04-01 | 23.30x |
| 2026-03-31 | 23.18x |
| 2026-03-30 | 22.92x |
| 2026-03-27 | 22.94x |
| 2026-03-26 | 23.30x |
| 2026-03-25 | 23.26x |
| 2026-03-24 | 23.04x |
| 2026-03-23 | 23.05x |
| 2026-03-20 | 22.84x |
| 2026-03-19 | 23.34x |
| 2026-03-18 | 23.45x |
| 2026-03-17 | 23.86x |
| 2026-03-16 | 23.70x |
| 2026-03-13 | 23.43x |
| 2026-03-12 | 23.41x |
| 2026-03-11 | 23.61x |
| 2026-03-10 | 23.77x |
| 2026-03-09 | 23.60x |
| 2026-03-06 | 23.56x |
| 2026-03-05 | 23.93x |
| 2026-03-04 | 24.35x |
| 2026-03-03 | 24.50x |
| 2026-03-02 | 24.82x |
| 2026-02-27 | 24.71x |
| 2026-02-26 | 24.80x |
| 2026-02-25 | 24.78x |
| 2026-02-24 | 24.49x |
| 2026-02-23 | 24.60x |
| 2026-02-20 | 24.65x |
| 2026-02-19 | 24.36x |
| 2026-02-18 | 24.57x |
| 2026-02-17 | 24.76x |
| 2026-02-13 | 24.73x |
| 2026-02-12 | 24.20x |
| 2026-02-11 | 24.51x |
| 2026-02-10 | 24.50x |
| 2026-02-09 | 24.69x |
| 2026-02-06 | 24.73x |
| 2026-02-05 | 24.39x |
| 2026-02-04 | 26.96x |
| 2026-02-03 | 26.27x |
| 2026-02-02 | 25.92x |
| 2026-01-30 | 25.91x |
| 2026-01-29 | 25.87x |
| 2026-01-28 | 25.33x |
| 2026-01-27 | 25.90x |
| 2026-01-26 | 25.73x |
| 2026-01-23 | 26.26x |
| 2026-01-22 | 26.08x |
| 2026-01-21 | 26.26x |
| 2026-01-20 | 26.01x |
| 2026-01-16 | 26.32x |
| 2026-01-15 | 25.82x |
| 2026-01-14 | 25.64x |
| 2026-01-13 | 25.32x |
| 2026-01-12 | 25.13x |
| 2026-01-09 | 25.15x |
| 2026-01-08 | 25.16x |
| 2026-01-07 | 25.02x |
| 2026-01-06 | 24.93x |
| 2026-01-05 | 24.99x |
| 2026-01-02 | 24.99x |
| 2025-12-31 | 24.88x |
| 2025-12-30 | 25.26x |
| 2025-12-29 | 25.31x |
| 2025-12-26 | 25.45x |
| 2025-12-24 | 25.53x |
| 2025-12-23 | 25.27x |
| 2025-12-22 | 25.45x |
| 2025-12-19 | 25.60x |
| 2025-12-18 | 25.56x |
| 2025-12-17 | 25.66x |
| 2025-12-16 | 25.39x |
| 2025-12-15 | 25.57x |
| 2025-12-12 | 25.84x |
| 2025-12-11 | 26.17x |
| 2025-12-10 | 26.17x |
| 2025-12-09 | 25.80x |
| 2025-12-08 | 25.66x |
| 2025-12-05 | 26.18x |
| 2025-12-04 | 26.23x |
| 2025-12-03 | 26.23x |
| 2025-12-02 | 26.23x |
| 2025-12-01 | 26.38x |
| 2025-11-28 | 26.36x |
| 2025-11-26 | 26.37x |
| 2025-11-25 | 26.26x |
| 2025-11-24 | 26.17x |
| 2025-11-21 | 26.05x |
| 2025-11-20 | 25.38x |
| 2025-11-19 | 25.18x |
| 2025-11-18 | 25.45x |
| 2025-11-17 | 25.36x |
| 2025-11-14 | 25.62x |
| 2025-11-13 | 25.78x |
| 2025-11-12 | 25.70x |
| 2025-11-11 | 26.02x |
| 2025-11-10 | 25.77x |
| 2025-11-07 | 25.70x |
| 2025-11-06 | 24.98x |
| 2025-11-05 | 24.38x |
| 2025-11-04 | 24.34x |
| 2025-11-03 | 24.29x |
| 2025-10-31 | 24.05x |
| 2025-10-30 | 24.58x |
| 2025-10-29 | 24.49x |
| 2025-10-28 | 25.26x |
| 2025-10-27 | 25.56x |
| 2025-10-24 | 25.52x |
| 2025-10-23 | 25.49x |
| 2025-10-22 | 25.58x |
| 2025-10-21 | 25.73x |
| 2025-10-20 | 25.96x |
| 2025-10-17 | 25.51x |
| 2025-10-16 | 25.09x |
| 2025-10-15 | 24.95x |
| 2025-10-14 | 24.12x |
| 2025-10-13 | 23.99x |
| 2025-10-10 | 23.59x |
| 2025-10-09 | 24.21x |
| 2025-10-08 | 24.48x |
| 2025-10-07 | 24.52x |
| 2025-10-06 | 24.53x |
| 2025-10-03 | 24.39x |
| 2025-10-02 | 24.26x |
| 2025-10-01 | 24.26x |
| 2025-09-30 | 23.90x |
| 2025-09-29 | 23.81x |
| 2025-09-26 | 24.26x |
| 2025-09-25 | 24.16x |
| 2025-09-24 | 24.09x |
| 2025-09-23 | 24.55x |
| 2025-09-22 | 24.69x |
| 2025-09-19 | 24.56x |
| 2025-09-18 | 24.61x |
| 2025-09-17 | 24.34x |
| 2025-09-16 | 24.61x |
| 2025-09-15 | 24.48x |
| 2025-09-12 | 24.59x |
| 2025-09-11 | 24.64x |
| 2025-09-10 | 24.13x |
| 2025-09-09 | 24.26x |
| 2025-09-08 | 24.66x |
| 2025-09-05 | 24.79x |
| 2025-09-04 | 24.34x |
| 2025-09-03 | 24.00x |
| 2025-09-02 | 23.59x |
| 2025-08-29 | 24.29x |
| 2025-08-28 | 24.23x |
| 2025-08-27 | 24.31x |
Showing the most recent 260 of 3,728 data points. The chart above shows the full history.
