GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Terreno Realty Corp (NYSE:TRNO) » Definitions » Pretax Margin %

Terreno Realty (Terreno Realty) Pretax Margin % : 42.41% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Terreno Realty Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Terreno Realty's Pre-Tax Income for the three months ended in Mar. 2024 was $36.1 Mil. Terreno Realty's Revenue for the three months ended in Mar. 2024 was $85.0 Mil. Therefore, Terreno Realty's pretax margin for the quarter that ended in Mar. 2024 was 42.41%.

The historical rank and industry rank for Terreno Realty's Pretax Margin % or its related term are showing as below:

TRNO' s Pretax Margin % Range Over the Past 10 Years
Min: 13.94   Med: 39.7   Max: 71.69
Current: 49.16


TRNO's Pretax Margin % is ranked better than
64.39% of 789 companies
in the REITs industry
Industry Median: 33.07 vs TRNO: 49.16

Terreno Realty Pretax Margin % Historical Data

The historical data trend for Terreno Realty's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Terreno Realty Pretax Margin % Chart

Terreno Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.46 42.70 39.32 71.69 46.81

Terreno Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.25 50.61 36.56 66.55 42.41

Competitive Comparison of Terreno Realty's Pretax Margin %

For the REIT - Industrial subindustry, Terreno Realty's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Terreno Realty's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Terreno Realty's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Terreno Realty's Pretax Margin % falls into.



Terreno Realty Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Terreno Realty's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=151.457/323.59
=46.81 %

Terreno Realty's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=36.059/85.03
=42.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Terreno Realty  (NYSE:TRNO) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Terreno Realty Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Terreno Realty's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Terreno Realty (Terreno Realty) Business Description

Traded in Other Exchanges
Address
10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment and improved land.
Executives
Melinda Weston officer: Chief Accounting Officer TERRENO REALTY CORPORATION, 10500 NE 8TH STREET, SUITE 301, BELLEVUE WA 98004
Leroy E Carlson director 79840 CITRUS STREET, LAQUINTA CA 92253
Michael A Coke director, officer: PRESIDENT TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Irene H Oh director 135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Gary N Boston director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Douglas M Pasquale director 245 FICHER AVE STE D-1, COSTA MESA CA 92626
W Blake Baird director, officer: CHAIRMAN AND CEO 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Linda Assante director C/O TERRENO REALTY CORP., 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
David M Lee director 101 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Gabriela Franco Parcella director 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Dennis Polk director 44201 NOBEL DRIVE, FREMONT CA 94538
Peter J Merlone director 2840 DIVISADERO, SAN FRANCISCO CA 94123
John Tull Meyer officer: EVP 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jaime Jackson Cannon officer: CFO 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Andrew Thomas Burke officer: EVP 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104