Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: TRNO stock price vs VIRT: 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 VIRT's multiple
Needs VIRT P/E.
Implied fair value · at TRNO's multiple
Needs TRNO P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: TRNO FY 2025 (ended Dec 31, 2025) · VIRT 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.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Terreno Realty Corporation · implied price per share
Bear
$20.01
Base
$23.54
Bull
$27.08
Virtu Financial, Inc. · implied price per share
Bear
$110.33
Base
$129.80
Bull
$149.28
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
1.33x
Net debt / EBITDA
Leverage against operating earnings
1.82x
0.73x
Cash and equivalents
Liquid reserves on the balance sheet
$25.02M
$1.06B
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.
Prologis, Inc.
TRNO vs PLD
INNOVATIVE INDUSTRIAL PROPERTIES INC
TRNO vs IIPR
Rexford Industrial Realty, Inc.
TRNO vs REXR
STAG Industrial, Inc.
TRNO vs STAG
Interactive Brokers Group, Inc.
TRNO vs IBKR
Tradeweb Markets Inc.
TRNO vs TW
MARKETAXESS HOLDINGS INC
TRNO vs MKTX
Cboe Global Markets, Inc.
TRNO vs CBOE
NASDAQ, INC.
TRNO vs NDAQ
$943.34M
$2.10B
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.
