Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Terreno Realty's share price for the quarter that ended in Mar. 2026 was $61.42. Terreno Realty's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 105.7 Mil. Therefore, Terreno Realty's market cap for the quarter that ended in Mar. 2026 was $6,493.1 Mil.
Terreno Realty's quarterly market cap
increased
from Sep. 2025 ($5,837.4 Mil) to Dec. 2025 ($6,080.7 Mil) and
increased
from Dec. 2025 ($6,080.7 Mil) to Mar. 2026 ($6,493.1 Mil).
Terreno Realty's annual market cap
increased
from Dec. 2023 ($5,482.8 Mil) to Dec. 2024 ($5,868.9 Mil) and
increased
from Dec. 2024 ($5,868.9 Mil) to Dec. 2025 ($6,080.7 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Terreno Realty's Enterprise Value for Today is $7,829.4 Mil.
Terreno Realty (NYSE:TRNO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Terreno Realty Market Cap Related Terms
Terreno Realty Market Cap Historical Data
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The historical data trend for Terreno Realty's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, Terreno Realty's Market Cap distribution charts can be found below:
* The bar in red indicates where Terreno Realty's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Terreno Realty's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of $6,975.2 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Terreno Realty and its competitors. According to the industry distribution chart, Terreno Realty ranks #71 out of 986 companies in the REITs industry, placing it in the top 7.2%.
Is Terreno Realty's Market Cap too high?
Terreno Realty's current Market Cap is $6,975.2 Mil. The REITs industry median Market Cap is 280.73. Terreno Realty's value of $6,975.2 Mil is 2384.7% above this industry median. Based on the distribution chart, Terreno Realty ranks #71 out of 986 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to STAG and REXR?
According to the REITs industry distribution chart, Terreno Realty ranks #71 out of 986 companies for Market Cap. This places Terreno Realty in the top 7% of its industry — outperforming the majority of peers. The industry median Market Cap is 280.73. Terreno Realty's value of $6,975.2 Mil is 2384.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 280.73, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terreno Realty's current Market Cap of $6,975.2 Mil is 2384.7% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Terreno Realty and its competitors. For the REITs industry, the median Market Cap is 280.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current Market Cap is $6,975.2 Mil. 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 $65.98 — trading 7.4% below its estimated fair value. The current Market Cap is $6,975.2 Mil and 2384.7% above the REITs industry median of 280.73. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Terreno Realty (TRNO), the current Market Cap is $6,975.2 Mil as of Jun. 28, 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 $65.98 is trading 7.4% below its estimated GF Value™ of $71.22.
GuruFocus considers Terreno Realty to be Fairly Valued.
Key valuation signals for TRNO:
Market Cap: $6,975.2 Mil
GF Value™: $71.22 vs. price of $65.98 (7.4% below fair value)
Industry Position: 2384.7% above the REITs median (#71 of 986)
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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