TRNO (Terreno Realty) EV-to-EBITDA: 15.15 (As of Aug. 18, 2026) — 37% Below Median

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TRNO Terreno Realty Corp TRNO
94 GF Score
Price $68.18
GF Value $69.87
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Terreno Realty EV-to-EBITDA?

Terreno Realty TRNO -0.06% 94 EV-to-EBITDA is 15.15 as of Aug. 18, 2026, which is 37% below its 10-year median of 24.19. GuruFocus rates TRNO with a GF Score™ of 94/100 and a GF Value™ of $69.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 673 REITs companies, Terreno Realty ranks better than 50.97% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Terreno Realty's enterprise value is $8,320.9 Mil. Terreno Realty's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $549.1 Mil. Therefore, Terreno Realty's EV-to-EBITDA for today is 15.15.

The historical rank and industry rank for Terreno Realty's EV-to-EBITDA or its related term are showing as below:

TRNO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.62   Med: 24.19   Max: 46.99
Current: 15.15

During the past 13 years, the highest EV-to-EBITDA of Terreno Realty was 46.99. The lowest was 12.62. And the median was 24.19.

TRNO's EV-to-EBITDA is ranked better than
50.97% of 673 companies
in the REITs industry
Industry Median: 15.4 vs TRNO: 15.15

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-18), Terreno Realty's stock price is $68.18. Terreno Realty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.730. Therefore, Terreno Realty's PE Ratio (TTM) for today is 18.28.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Terreno Realty  (NYSE:TRNO) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Terreno Realty's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=68.18/3.730
=18.28

Terreno Realty's share price for today is $68.18.
Terreno Realty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.730.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Terreno Realty EV-to-EBITDA Related Terms


Terreno Realty EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Terreno Realty's EV-to-EBITDA 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.

Terreno Realty EV-to-EBITDA Chart

Terreno Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.35 17.71 24.41 22.30 12.56

Terreno Realty Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 16.60 14.90 12.56 12.62 14.33

TRNO vs STAG, REXR, FR: EV-to-EBITDA Comparison

For the REIT - Industrial subindustry, Terreno Realty's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Terreno Realty's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Terreno Realty's EV-to-EBITDA falls into.


TRNO
94GF Score
Terreno Realty Corp TRNO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terreno Realty EV-to-EBITDA Calculation

Terreno Realty's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8320.859/549.08
=15.15

Terreno Realty's current Enterprise Value is $8,320.9 Mil.
Terreno Realty's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $549.1 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 15.15 mean?
Terreno Realty (TRNO) has a EV-to-EBITDA of 15.15 as of Aug. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Terreno Realty. This is 37% below median its historical median of 24.19. Over the past decade, Terreno Realty's EV-to-EBITDA has ranged from 12.62 to 46.99. According to the industry distribution chart, Terreno Realty ranks #330 out of 673 companies in the REITs industry, placing it in the top 49%.
Is Terreno Realty's EV-to-EBITDA too high?
Terreno Realty's current EV-to-EBITDA of 15.15 is 37% below median its 10-year median of 24.19. Over the past 10 years, this metric has ranged from a low of 12.62 to a high of 46.99. The REITs industry median EV-to-EBITDA is 15.40. Terreno Realty's value of 15.15 is 1.6% below this industry median. Based on the distribution chart, Terreno Realty ranks #330 out of 673 companies in the REITs industry, which is above the industry midpoint. Overall, Terreno Realty has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terreno Realty's EV-to-EBITDA compare to STAG and REXR?
According to the REITs industry distribution chart, Terreno Realty ranks #330 out of 673 companies for EV-to-EBITDA. This puts Terreno Realty in the upper half of its industry. The industry median EV-to-EBITDA is 15.40. Terreno Realty's value of 15.15 is 1.6% below this benchmark. Historically, Terreno Realty's own EV-to-EBITDA has ranged from 12.62 to 46.99 over the past decade. While the company's 10-year median is 24.19 vs. the industry median of 15.40, Terreno Realty has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.40, based on 673 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terreno Realty's current EV-to-EBITDA of 15.15 is 1.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Terreno Realty. For the REITs industry, the median EV-to-EBITDA is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current EV-to-EBITDA is 15.15, which is 37% below median its own 10-year median of 24.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terreno Realty stock overvalued right now?
Based on GuruFocus' analysis, Terreno Realty (TRNO) is currently considered Fairly Valued. The stock's GF Value™ is $69.87, compared to a current price of $68.18 — trading 2.4% below its estimated fair value. The current EV-to-EBITDA is 15.15, which is 37% below median its 10-year median of 24.19 and 1.6% below the REITs industry median of 15.40. Terreno Realty's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Terreno Realty (TRNO), the current EV-to-EBITDA is 15.15 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Terreno Realty (TRNO) Overvalued in 2026?

Based on GuruFocus' analysis, Terreno Realty stock appears to be undervalued. The current stock price of $68.18 is trading 2.4% below its estimated GF Value™ of $69.87. GuruFocus considers Terreno Realty to be Fairly Valued.

Key valuation signals for TRNO:

  • EV-to-EBITDA: 15.15 (37% below median its 10-year median of 24.19)
  • GF Value™: $69.87 vs. price of $68.18 (2.4% below fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 1.6% below the REITs median (#330 of 673)

No single metric tells the full story. See the TRNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Terreno Realty Business Description

Industry Real EstateREITs
Other Exchanges T37:Germany
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.
94GF Score

Get the complete analysis for TRNO

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$68.18
Price
$69.87
GF Value