TRNO (Terreno Realty) ROCE %: 6.00% (As of Mar. 2026)

What is Terreno Realty ROCE %?

Terreno Realty TRNO -1.38% 93 ROCE % is 6.00% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Terreno Realty's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.00%.

Terreno Realty (NYSE:TRNO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Terreno Realty ROCE % Related Terms

Terreno Realty ROCE % Historical Data

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The historical data trend for Terreno Realty's ROCE % 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 ROCE % Chart

Terreno Realty Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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4.26

7.47

5.12

4.91

9.06

Terreno Realty Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															4.80	8.32	9.15	13.46	6.00

93GF Score

Terreno Realty Corp TRNO

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Terreno Realty ROCE % Calculation

Terreno Realty's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	435.849	/	( ( (4770.156 - 210.087)	+	(5388.083 - 331.46) )	/ 2 )
	=	435.849	/	( (4560.069	+	5056.623)	/ 2 )
	=	435.849	/	4808.346
	=	9.06 %

Terreno Realty's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	313.684	/	( ( (5388.083 - 331.46)	+	(5551.781 - 151.669) )	/ 2 )
	=	313.684	/	( ( 5056.623	+	5400.112 )	/ 2 )
	=	313.684	/	5228.3675
	=	6.00 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 6.00% mean?

Terreno Realty (TRNO) has a ROCE % of 6.00% as of Mar. 2026.

Is Terreno Realty's ROCE % too high?

Terreno Realty's current ROCE % is 6.00%. The REITs industry median ROCE % is 5.21. Terreno Realty's value of 6.00% is 15.2% above this industry median. 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 ROCE % compare to STAG and REXR?

Terreno Realty's ROCE % of 6.00% can be compared against companies in the REITs industry. The industry median ROCE % is 5.21. Terreno Realty's value of 6.00% is 15.2% 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 ROCE % for a REITs company?

The median ROCE % among REITs companies is 5.21, based on 757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terreno Realty's current ROCE % of 6.00% is 15.2% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current ROCE % is 6.00%. 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 $64.54 — trading 9.4% below its estimated fair value. The current ROCE % is 6.00% and 15.2% above the REITs industry median of 5.21. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Terreno Realty (TRNO), the current ROCE % is 6.00% 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 $64.54 is trading 9.4% below its estimated GF Value™ of $71.22. GuruFocus considers Terreno Realty to be Fairly Valued.

Key valuation signals for TRNO:

ROCE %: 6.00%
GF Value™: $71.22 vs. price of $64.54 (9.4% below fair value)
GF Score™: 93/100 with 5 warning signs
Industry Position: 15.2% above the REITs median

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 Estate REITs

Comparable Companies STAG REXR FR CUBE COLD LINE NSA LXP EGP SMA PLD PSA EXR LSE:SGRO SGX:A17U MEX:FIBRAPL14 XBRU:WDP LSE:LMP LSE:BBOX SGX:M44U

Other Exchanges T37:Germany

Address 10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004

Website https://www.terreno.com

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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$64.54

Price

$71.22

GF Value

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