Terreno Realty Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $476.4M | $382.6M | $323.6M | $276.2M | $221.9M | $186.9M | $171.0M | $151.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $47.3M | $42.6M | $37.9M | $31.2M | $27.0M | $23.5M | $23.9M | $21.5M |
| Operating Income | $192.1M | $148.0M | $133.1M | $108.9M | $87.9M | $68.2M | $58.8M | $49.2M |
| Operating Margin | 40.3% | 38.7% | 41.1% | 39.4% | 39.6% | 36.5% | 34.4% | 32.5% |
| Interest Expense | — | — | $24.8M | $23.9M | $18.1M | $16.0M | $16.3M | $18.2M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $403.0M | $184.5M | $151.5M | $198.0M | $87.3M | $79.8M | $55.5M | $63.3M |
| Net Margin | 84.6% | 48.2% | 46.8% | 71.7% | 39.3% | 42.7% | 32.5% | 41.7% |
| EPS (Basic) | $3.92 | $1.92 | $1.81 | $2.61 | $1.23 | $1.17 | $0.86 | $1.09 |
| EPS (Diluted) | $3.91 | $1.92 | $1.81 | $2.61 | $1.23 | $1.16 | $0.85 | $1.09 |
| Shares Outstanding (Basic) | 102.5M | 95.5M | 83.2M | 75.5M | 70.5M | 67.8M | 64.4M | 57.5M |
| Shares Outstanding (Diluted) | 102.7M | 95.8M | 83.4M | 75.6M | 70.8M | 68.2M | 64.7M | 57.5M |
| Dividends Per Share | $2.02 | $1.88 | $1.70 | $1.48 | $1.26 | $1.12 | $1.02 | — |