TRNO (Terreno Realty) OCF Margin %: 49.76% (As of Mar. 2026) — Near Median


TRNO Terreno Realty Corp TRNO
93 GF Score
Price $64.30
GF Value $71.22
Valuation Fairly Valued
! 5 Warning Signs
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What is Terreno Realty OCF Margin %?

Terreno Realty TRNO -1.74% 93 OCF Margin % is 49.76% as of Mar. 2026, which is 9% below its 10-year median of 54.72. 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 57.26% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Terreno Realty's Cash Flow from Operations for the three months ended in Mar. 2026 was $61.9 Mil. Terreno Realty's Revenue for the three months ended in Mar. 2026 was $124.4 Mil. Therefore, Terreno Realty's OCF Margin % for the quarter that ended in Mar. 2026 was 49.76%.

As of today, Terreno Realty's current OCF Yield % is 4.01%.

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

TRNO' s OCF Margin % Range Over the Past 10 Years
Min: 45.42   Med: 54.72   Max: 60.81
Current: 55.54


During the past 13 years, the highest OCF Margin % of Terreno Realty was 60.81%. The lowest was 45.42%. And the median was 54.72%.

TRNO's OCF Margin % is ranked better than
57.26% of 936 companies
in the REITs industry
Industry Median: 49.535 vs TRNO: 55.54


Terreno Realty OCF Margin % Related Terms


Terreno Realty OCF Margin % Historical Data

* Premium members only.

The historical data trend for Terreno Realty's OCF 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.

Terreno Realty OCF Margin % Chart

Terreno Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.57 51.85 55.53 60.81 57.07

Terreno Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF 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 55.64 54.02 68.41 51.11 49.76

TRNO vs STAG, REXR, FR: OCF Margin % Comparison

For the REIT - Industrial subindustry, Terreno Realty's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs REITs Industry

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

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


TRNO
93GF Score
Terreno Realty Corp TRNO
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Terreno Realty OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Terreno Realty's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=271.862/476.383
=57.07 %

Terreno Realty's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=61.927/124.44
=49.76 %

* 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 OCF Margin % →
What does a OCF Margin % of 49.76% mean?
Terreno Realty (TRNO) has a OCF Margin % of 49.76% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Terreno Realty and its competitors. This is near median its historical median of 54.72. Over the past decade, Terreno Realty's OCF Margin % has ranged from 45.42 to 60.81. According to the industry distribution chart, Terreno Realty ranks #400 out of 936 companies in the REITs industry, placing it in the top 42.7%.
Is Terreno Realty's OCF Margin % too high?
Terreno Realty's current OCF Margin % of 49.76% is near median its 10-year median of 54.72. Over the past 10 years, this metric has ranged from a low of 45.42 to a high of 60.81. The REITs industry median OCF Margin % is 49.54. Terreno Realty's value of 49.76% is 0.5% above this industry median. Based on the distribution chart, Terreno Realty ranks #400 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 OCF Margin % compare to STAG and REXR?
According to the REITs industry distribution chart, Terreno Realty ranks #400 out of 936 companies for OCF Margin %. This puts Terreno Realty in the upper half of its industry. The industry median OCF Margin % is 49.54. Terreno Realty's value of 49.76% is 0.5% above this benchmark. Historically, Terreno Realty's own OCF Margin % has ranged from 45.42 to 60.81 over the past decade. While the company's 10-year median is 54.72 vs. the industry median of 49.54, Terreno Realty has consistently been above 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.54, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terreno Realty's current OCF Margin % of 49.76% is 0.5% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Terreno Realty and its competitors. For the REITs industry, the median OCF Margin % is 49.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current OCF Margin % is 49.76%, which is near median its own 10-year median of 54.72. 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 $64.30 — trading 9.7% below its estimated fair value. The current OCF Margin % is 49.76%, which is near median its 10-year median of 54.72 and 0.5% above the REITs industry median of 49.54. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Terreno Realty (TRNO), the current OCF Margin % is 49.76% 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 $64.30 is trading 9.7% below its estimated GF Value™ of $71.22. GuruFocus considers Terreno Realty to be Fairly Valued.

Key valuation signals for TRNO:

  • OCF Margin %: 49.76% (near median its 10-year median of 54.72)
  • GF Value™: $71.22 vs. price of $64.30 (9.7% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 0.5% above the REITs median (#400 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 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.
93GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.30
Price
$71.22
GF Value