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.
Decision snapshot: TRNO stock price vs MAR: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at MAR's multiple
Needs MAR P/E.
Implied fair value · at TRNO's multiple
Needs TRNO P/E.
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) · MAR FY 2025 (ended Dec 31, 2025).
Trendline
Five 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 84% equity / 16% debt · EV / Revenue 3.96x · EV / EBITDA 22.77x
MAR carries the larger enterprise value at $103.60B against $8.07B; MAR trades on the lower EV / Revenue multiple (3.96x vs 16.94x); TRNO on the lower EV / EBITDA (18.75x vs 22.77x).
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.
MARRIOTT INTERNATIONAL INC /MD/ · implied price per share
Bear
$80.13
Base
$107.09
Bull
$143.46
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.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.23x
-4.30x
Net debt / EBITDA
Leverage against operating earnings
2.13x
3.48x
Cash and equivalents
Liquid reserves on the balance sheet
$25.02M
$358.00M
Total debt
Interest-bearing obligations outstanding
$943.34M
$16.20B
Comparable set
Where the pair sits against the wider comparable set.
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