TRNO vs UE
Terreno Realty Corp. and Urban Edge Properties, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | TRNO | UE |
|---|---|---|
| Revenue | $476.4M | $471.9M |
| Net income | $403.0M | $93.5M |
| Gross margin | 65.1% | · |
| Net margin | 84.6% | 20.7% |
| Return on equity | 10.3% | 6.8% |
| Diluted EPS | $3.91 | $0.74 |
| Dividend / share | $2.02 | $0.76 |
| Payout ratio | 50.6% | 102.1% |
| Free cash flow | · | · |
| Equity | $4.1B | · |
| Net debt / equity | 0.22× | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 20.6% | 7.4% |
| Profit CAGR 5y | 38.2% | −0.0% |
TRNO and UE book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (84.6% against 20.7%).
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 | TRNO | UE |
|---|---|---|
| FY2025 | $476.4M | $471.9M |
| FY2024 | $382.6M | $445.0M |
| FY2023 | $323.6M | $416.9M |
| FY2022 | $276.2M | $397.9M |
| FY2021 | $221.9M | $425.1M |
| FY2020 | $186.9M | $330.1M |
| FY2019 | $171.0M | $387.6M |
| FY2018 | $151.7M | $414.2M |
| FY2017 | $132.5M | $407.0M |
| FY2016 | $108.4M | $326.0M |
Bottom line
| Fiscal year | TRNO | UE |
|---|---|---|
| FY2025 | $403.0M | $93.5M |
| FY2024 | $184.5M | $72.6M |
| FY2023 | $151.5M | $248.5M |
| FY2022 | $198.0M | $46.2M |
| FY2021 | $87.3M | $102.7M |
| FY2020 | $79.8M | $93.6M |
| FY2019 | $55.5M | $109.5M |
| FY2018 | $63.3M | $105.2M |
| FY2017 | $53.1M | $67.1M |
| FY2016 | $15.1M | $90.8M |
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$4,448,000 | TRNO |
| FY2024 | −$62,345,000 | UE |
| FY2023 | −$93,332,000 | UE |
| FY2022 | −$121,726,000 | UE |
| FY2021 | −$203,152,000 | UE |
| FY2020 | −$143,211,000 | UE |
| FY2019 | −$216,627,000 | UE |
| FY2018 | −$262,503,000 | UE |
| FY2017 | −$274,558,000 | UE |
| FY2016 | −$217,558,000 | UE |
| FY2015 | −$227,050,000 | UE |
| FY2014 | −$246,801,000 | UE |
| FY2013 | −$317,466,000 | UE |
The higher-revenue side has changed between TRNO and UE over this period. The gap has narrowed since the earliest year compared.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +63.9 pp | TRNO |
| FY2024 | +31.3 pp | TRNO |
| FY2023 | −15.5 pp | UE |
| FY2022 | +59.8 pp | TRNO |
| FY2021 | +14.0 pp | TRNO |
| FY2020 | +13.1 pp | TRNO |
| FY2019 | +2.5 pp | TRNO |
| FY2018 | +13.5 pp | TRNO |
| FY2017 | +22.2 pp | TRNO |
| FY2016 | −15.7 pp | UE |
| FY2015 | +2.4 pp | TRNO |
| FY2014 | −5.3 pp | UE |
| FY2013 | −15.5 pp | UE |
The higher net margin has changed hands between TRNO and UE over this period.
13 of 15 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 UE's over the 13 comparable fiscal years — 20.9 percentage points of standard deviation against 12.3.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between TRNO and UE over these 13 fiscal years — TRNO led in 9 and UE in 4.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UE's return on equity has been more volatile than TRNO's over the 13 comparable fiscal years — 7.7 percentage points of standard deviation against 2.6.
13 of 15 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 TRNO and UE over these 13 fiscal years — TRNO led in 2 and UE in 11.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.