FR vs TRNO
FR: A pure-play industrial REIT focused on developing and operating logistics real estate in supply-constrained US markets. TRNO: Terreno Realty is a coastal industrial REIT focused on owning and operating supply-constrained, multi-tenant warehouse and logistics facilities in six major U.S. metro areas.
Side-by-side fundamentals
| Metric | FR | TRNO | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $67.71 | $73.10 | |
| Market cap as of 2026-07-23 | $9.4B | $7.8B | |
| P/E as of 2026-07-23 | 27.35 | 18.39 | TRNO lower |
| PEG as of 2026-07-23 | 0.95 | -2.79 | TRNO lower |
| Net margin as of 2026-07-23 | +46.0% | +86.5% | TRNO higher |
| Gross margin as of 2026-07-23 | +73.6% | +75.9% | TRNO higher |
| Operating margin as of 2026-07-23 | +41.2% | +40.7% | FR higher |
| ROE as of 2026-07-23 | +12.8% | +10.4% | FR higher |
| ROA as of 2026-07-23 | +6.1% | +8.0% | TRNO higher |
| Debt / equity as of 2026-07-23 | 0.93 | 0.22 | TRNO lower |
| Revenue growth (YoY) as of 2026-07-23 | +8.8% | +20.2% | TRNO higher |
| Revenue CAGR (3y) SEC XBRL | +10.4% | +19.9% | TRNO higher |
| Dividend yield as of 2026-07-23 | +2.9% | +2.8% | FR higher |
| Dividend streak (yrs) SEC XBRL | 5 | 5 | Tie |
| Beta as of 2026-07-23 | 1.07 | 1.06 | |
| 1-year return as of 2026-07-22 close | +34.1% | +27.2% | FR higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.