Terreno RealtyTRNO -0.93%93 FCF Margin % is 38.51% as of Mar. 2026, which is 5% above its 10-year median of 36.54. GuruFocus rates TRNO with a GF Score™ of 93/100 and a GF Value™ of $71.22 (Fairly Valued). The stock has 5 warning signs investors should review. Among 936 REITs companies, Terreno Realty ranks better than 52.46% on this metric.
The historical rank and industry rank for Terreno Realty's FCF Margin % or its related term are showing as below:
TRNO'
s FCF Margin % Range Over the Past 10 Years
Min: 20.57 Med: 36.54 Max: 48.68
Current: 43.61
During the past 13 years, the highest FCF Margin % of Terreno Realty was 48.68%. The lowest was 20.57%. And the median was 36.54%.
TRNO's FCF Margin % is ranked better than 52.46% of 936
companies
in the REITs industry
Industry Median: 40.025
vs TRNO: 43.61
Terreno Realty FCF Margin % Related Terms
Terreno Realty FCF Margin % Historical Data
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The historical data trend for Terreno Realty's FCF 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.
For the REIT - Industrial subindustry, Terreno Realty's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Terreno Realty's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Terreno Realty's FCF Margin % falls into.
* 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 (TRNO) has a FCF Margin % of 38.51% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Terreno Realty and its competitors. This is near median its historical median of 36.54. Over the past decade, Terreno Realty's FCF Margin % has ranged from 20.57 to 48.68. According to the industry distribution chart, Terreno Realty ranks #445 out of 936 companies in the REITs industry, placing it in the top 47.5%.
Is Terreno Realty's FCF Margin % too high?
Terreno Realty's current FCF Margin % of 38.51% is near median its 10-year median of 36.54. Over the past 10 years, this metric has ranged from a low of 20.57 to a high of 48.68. The REITs industry median FCF Margin % is 40.03. Terreno Realty's value of 38.51% is 3.8% below this industry median. Based on the distribution chart, Terreno Realty ranks #445 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Terreno Realty has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terreno Realty's FCF Margin % compare to STAG and REXR?
According to the REITs industry distribution chart, Terreno Realty ranks #445 out of 936 companies for FCF Margin %. This puts Terreno Realty in the upper half of its industry. The industry median FCF Margin % is 40.03. Terreno Realty's value of 38.51% is 3.8% below this benchmark. Historically, Terreno Realty's own FCF Margin % has ranged from 20.57 to 48.68 over the past decade. While the company's 10-year median is 36.54 vs. the industry median of 40.03, 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terreno Realty's current FCF Margin % of 38.51% is 3.8% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Terreno Realty and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current FCF Margin % is 38.51%, which is near median its own 10-year median of 36.54. 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 $71.22, compared to a current price of $64.83 — trading 9% below its estimated fair value. The current FCF Margin % is 38.51%, which is near median its 10-year median of 36.54 and 3.8% below the REITs industry median of 40.03. Terreno Realty's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Terreno Realty (TRNO), the current FCF Margin % is 38.51% as of Mar. 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 $64.83 is trading 9% below its estimated GF Value™ of $71.22.
GuruFocus considers Terreno Realty to be Fairly Valued.
Key valuation signals for TRNO:
FCF Margin %: 38.51% (near median its 10-year median of 36.54)
GF Value™: $71.22 vs. price of $64.83 (9% below fair value)
Industry Position: 3.8% below the REITs median (#445 of 936)
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 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.
93GF Score
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