Terreno Realty Corporation
$8.07B- Market cap
- $7.15B
- Debt
- +$943.34M
- Cash
- −$25.02M
Capital structure 88% equity / 12% debt · EV / Revenue 16.94x · EV / EBITDA 18.75x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt cap
Decision snapshot: TRNO stock price at premium vs AI $65.65 current versus $0.64 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at AI's multiple
Implied fair value · at TRNO's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: TRNO FY 2025 (ended Dec 31, 2025) · AI FY 2026 (ended Apr 30, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 88% equity / 12% debt · EV / Revenue 16.94x · EV / EBITDA 18.75x
Capital structure 46% equity / 54% debt · EV / EBITDA 1.09x
TRNO carries the larger enterprise value at $8.07B against -$495.10M; AI trades on the lower EV / EBITDA multiple (1.09x vs 18.75x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Terreno Realty Corporation · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
C3.ai, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.23x
0.07x
Net debt / EBITDA
Leverage against operating earnings
2.13x
1.17x
Cash and equivalents
Liquid reserves on the balance sheet
$25.02M
$575.45M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$943.34M
$43.74M
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