HPP vs TRNO
Hudson Pacific Properties, Inc. and Terreno Realty Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HPP | TRNO |
|---|---|---|
| Revenue | $831.1M | $476.4M |
| Net income | $-592.3M | $403.0M |
| Gross margin | 48.5% | 65.1% |
| Net margin | −71.3% | 84.6% |
| Return on equity | · | 10.3% |
| Diluted EPS | −$12.81 | $3.91 |
| Dividend / share | $0.00 | $2.02 |
| Payout ratio | · | 50.6% |
| Free cash flow | $-23.1M | · |
| Equity | $3.0B | $4.1B |
| Net debt / equity | · | 0.22× |
| Current ratio | · | · |
| Revenue CAGR 5y | 0.6% | 20.6% |
| Profit CAGR 5y | · | 38.2% |
HPP bills 1.7× the revenue of TRNO, and HPP closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HPP | TRNO |
|---|---|---|
| FY2025 | $831.1M | $476.4M |
| FY2024 | $842.1M | $382.6M |
| FY2023 | $952.3M | $323.6M |
| FY2022 | $1.0B | $276.2M |
| FY2021 | $896.8M | $221.9M |
| FY2020 | $805.0M | $186.9M |
| FY2019 | $818.2M | $171.0M |
| FY2018 | $728.4M | $151.7M |
| FY2017 | $728.1M | $132.5M |
| FY2016 | $639.6M | $108.4M |
Bottom line
| Fiscal year | HPP | TRNO |
|---|---|---|
| FY2025 | $-592.3M | $403.0M |
| FY2024 | $-381.4M | $184.5M |
| FY2023 | $-170.7M | $151.5M |
| FY2022 | $-16.5M | $198.0M |
| FY2021 | $29.0M | $87.3M |
| FY2020 | $16.4M | $79.8M |
| FY2019 | $55.8M | $55.5M |
| FY2018 | $111.8M | $63.3M |
| FY2017 | $94.6M | $53.1M |
| FY2016 | $43.8M | $15.1M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$354,722,000 | HPP |
| FY2024 | +$459,461,000 | HPP |
| FY2023 | +$628,707,000 | HPP |
| FY2022 | +$750,012,000 | HPP |
| FY2021 | +$674,905,000 | HPP |
| FY2020 | +$618,081,000 | HPP |
| FY2019 | +$647,160,000 | HPP |
| FY2018 | +$576,761,000 | HPP |
| FY2017 | +$595,655,000 | HPP |
| FY2016 | +$531,221,000 | HPP |
| FY2015 | +$424,955,000 | HPP |
| FY2014 | +$184,540,000 | HPP |
| FY2013 | +$160,029,000 | HPP |
| FY2012 | +$131,126,000 | HPP |
| FY2011 | +$119,541,000 | HPP |
HPP has reported the higher revenue in every one of these 15 fiscal years. The gap has widened since the earliest year compared.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −155.9 pp | TRNO |
| FY2024 | −93.5 pp | TRNO |
| FY2023 | −64.7 pp | TRNO |
| FY2022 | −73.3 pp | TRNO |
| FY2021 | −36.1 pp | TRNO |
| FY2020 | −40.7 pp | TRNO |
| FY2019 | −25.6 pp | TRNO |
| FY2018 | −26.4 pp | TRNO |
| FY2017 | −27.1 pp | TRNO |
| FY2016 | −7.1 pp | TRNO |
| FY2015 | −18.3 pp | TRNO |
| FY2014 | −6.3 pp | TRNO |
| FY2013 | −15.8 pp | TRNO |
| FY2012 | −17.0 pp | TRNO |
| FY2011 | +24.6 pp | HPP |
The higher net margin has changed hands between HPP and TRNO over this period.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TRNO's net margin has been more volatile than HPP's over the 15 comparable fiscal years — 25.9 percentage points of standard deviation against 22.4.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HPP and TRNO over these 15 fiscal years — HPP led in 1 and TRNO in 14.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TRNO's return on equity has been more volatile than HPP's over the 6 comparable fiscal years — 1.6 percentage points of standard deviation against 1.4.
6 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HPP and TRNO over these 6 fiscal years — HPP led in 1 and TRNO in 5.
6 of 16 comparable fiscal years — a year missing data on either side is not counted.