Terreno Realty Corp (TRNO) Net Margin (2010 - 2026)
Terreno Realty (TRNO) recorded Net Margin of 45.96% in Q2 2026, down 36.80 percentage points from 82.75% a year earlier and down 9.58 percentage points from the prior quarter.
Terreno Realty Corp (TRNO) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Terreno Realty's Net Margin came in at 76.92% as of Jun 30, 2026, up 17.52 percentage points year-over-year; for FY2025, it came in at 84.22%, up 36.20 percentage points from FY2024.
- Annual Net Margin has a five-year change of +41.73 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 48.01% in FY2024 (+1.43 pp), 46.59% in FY2023 (-24.79 pp), 71.38% in FY2022 (+32.20 pp) and 39.18% in FY2021 (-3.31 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q1 2025.
- On a year-over-year basis, Net Margin rose in seven of the last eight quarters, with an average year-over-year change of +15.25 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 115.35 percentage points in Q2 2022, against a drop of 97.47 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 55.54% (Q1 2026), 114.55% (Q4 2025) and 88.52% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.96% |
| Mar 31, 2026 | 55.54% |
| Dec 31, 2025 | 114.55% |
| Sep 30, 2025 | 88.52% |
| Jun 30, 2025 | 82.75% |
| Mar 31, 2025 | 43.40% |
| Dec 31, 2024 | 73.07% |
| Sep 30, 2024 | 36.62% |
| Jun 30, 2024 | 37.71% |
| Mar 31, 2024 | 42.23% |
| Dec 31, 2023 | 66.23% |
| Sep 30, 2023 | 36.38% |
| Jun 30, 2023 | 50.39% |
| Mar 31, 2023 | 31.11% |
| Dec 31, 2022 | 77.11% |
| Sep 30, 2022 | 31.54% |
| Jun 30, 2022 | 147.85% |
| Mar 31, 2022 | 30.58% |
| Dec 31, 2021 | 52.97% |
| Sep 30, 2021 | 37.15% |
Terreno Realty Corp Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();