Terreno Realty Corporation
$8.12B- Market cap
- $7.20B
- Debt
- +$943.34M
- Cash
- −$25.02M
Capital structure 88% equity / 12% debt · EV / Revenue 17.04x · EV / EBITDA 18.86x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: TRNO stock price at discount vs PTC $66.05 current versus $85.70 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PTC's multiple
Implied fair value · at TRNO's multiple
Snapshot Sep 8, 2026, 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
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: TRNO FY 2025 (ended Dec 31, 2025) · PTC FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Market cap plus debt, less cash.
Capital structure 88% equity / 12% debt · EV / Revenue 17.04x · EV / EBITDA 18.86x
Capital structure 92% equity / 8% debt · EV / Revenue 5.65x · EV / EBITDA 14.07x
PTC carries the larger enterprise value at $15.47B against $8.12B; PTC trades on the lower EV / Revenue multiple (5.65x vs 17.04x); PTC on the lower EV / EBITDA (14.07x vs 18.86x).
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.
PTC Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
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
0.31x
Net debt / EBITDA
Leverage against operating earnings
2.13x
0.92x
Cash and equivalents
Liquid reserves on the balance sheet
$25.02M
$184.42M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$943.34M
$1.20B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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