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Terreno Realty Corporation (TRNO)
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Terreno Realty Corporation (TRNO) Gross Margin: 63.89%

Is Terreno Realty Corporation’s gross margin high or low?

Terreno Realty Corporation's gross margin of 63.89% is 15% below its 5-year average of 74.87%, near the low end of its 5-year range (63.89%–75.84%).

As of Tuesday, June 16, 2026. 14.93% below its 12-month average of 75.10%.

TRNO Gross Margin Chart

TRNO Gross Margin
75.84%+1.99% 1Y
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TRNO Average Gross Margin Chart

TRNO Current vs Average Gross Margin Chart

TRNO Gross Margin Metrics

GROSS MARGIN

63.89%

GROSS MARGIN AVG TTM

75.10%

GROSS MARGIN AVG 3Y

75.20%

GROSS MARGIN AVG 5Y

74.87%

GROSS MARGIN AVG 10Y

74.01%

GROSS MARGIN AVG 15Y

73.53%

GROSS MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

-14.93%

CURRENT VS 3Y AVG

-15.04%

CURRENT VS 5Y AVG

-14.66%

CURRENT VS 10Y AVG

-13.68%

CURRENT VS 15Y AVG

-13.11%

CURRENT VS 20Y AVG

N/A

TRNO Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Terreno Realty Corporation (TRNO)$7.11B63.89%75.10%75.20%74.87%
NNN REIT, Inc. (NNN)vs ›$8.78B81.38%67.14%81.86%86.54%
Agree Realty Corporation (ADC)vs ›$8.98B87.64%87.80%87.76%87.69%
Opendoor Technologies Inc. (OPEN)vs ›$3.53B7.92%7.68%6.66%7.38%
Federal Realty Investment Trust (FRT)vs ›$10.77B53.60%38.58%52.97%57.31%
UDR, Inc. (UDR)vs ›$12.51B46.00%25.27%24.12%21.91%
Regency Centers Corporation (REG)vs ›$14.48B47.88%57.92%64.95%67.13%
Kimco Realty Corporation (KIM)vs ›$17.10B54.71%61.68%65.35%66.39%
Essex Property Trust, Inc. (ESS)vs ›$18.08B69.44%68.44%68.51%73.96%
SBA Communications Corporation (SBAC)vs ›$20.77B63.62%59.46%67.28%70.11%

Gross Margin Analysis

Gross Margin

63.9%

(Revenue - COGS) / Revenue

Terreno Realty Corporation Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Terreno Realty Corporation Gross Margin FAQ

What is the gross margin for Terreno Realty Corporation (TRNO)?
The gross margin for TRNO stock is 63.89%.
Is Terreno Realty Corporation's gross margin high or low?
Terreno Realty Corporation's gross margin of 63.89% is 15% below its 5-year average of 74.87%, near the low end of its 5-year range (63.89%–75.84%).
What is the TTM average gross margin for Terreno Realty Corporation (TRNO)?
The TTM average gross margin for TRNO stock is 75.10%.
What is the 3Y average gross margin for Terreno Realty Corporation (TRNO)?
The 3Y average gross margin for TRNO stock is 75.20%.
What is the 5Y average gross margin for Terreno Realty Corporation (TRNO)?
The 5Y average gross margin for TRNO stock is 74.87%.
What is the 10Y average gross margin for Terreno Realty Corporation (TRNO)?
The 10Y average gross margin for TRNO stock is 74.01%.
What is the 15Y average gross margin for Terreno Realty Corporation (TRNO)?
The 15Y average gross margin for TRNO stock is 73.53%.

Terreno Realty Corporation Gross Margin History

DATEGROSS MARGIN
2025-12-3175.84%
2024-12-3174.36%
2023-12-3175.56%
2022-12-3175.05%
2021-12-3174.66%
2020-12-3173.73%
2019-12-3174.15%
2018-12-3173.63%
2017-12-3172.92%
2016-12-3172.03%
2015-12-3172.20%
2014-12-3172.18%
2013-12-3171.95%
2012-12-3171.17%
2011-12-3163.83%
2010-12-3168.07%
2009-12-310.00%

About Terreno Realty Corporation

Terreno Realty Corporation, together with its subsidiaries, focuses on the acquisition, ownership, and management of industrial real estate assets. Their operations are strategically located in six key coastal U.S. markets: Los Angeles, the Northern New Jersey/New York City metropolitan area, the San Francisco Bay Area, Seattle, Miami, and Washington, D.C. It should be noted that all measurements concerning property size (square footage, acreage), occupancy rates, and the total number of properties detailed within their condensed consolidated financial statements are provided on an unaudited basis. As of September 30, 2020, the company's portfolio included 219 buildings, encompassing a total area of approximately 13.1 million square feet. Additionally, they possessed 22 developed land parcels spanning about 85.0 acres, alongside one property currently undergoing redevelopment, which is projected to contribute roughly 0.2 million square feet upon completion. Terreno operates as an internally managed corporation chartered in Maryland. The company chose to be designated as a Real Estate Investment Trust (REIT) for tax purposes, pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, effective from its taxable year concluded on December 31, 2010.

Bellevue, WA
49 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
W. Blake Baird