Terreno Realty Corp
NYSE:TRNO
Income Statement
Earnings Waterfall
Terreno Realty Corp
Revenue
|
323.6m
USD
|
Cost of Revenue
|
-79.1m
USD
|
Gross Profit
|
244.5m
USD
|
Operating Expenses
|
-111.2m
USD
|
Operating Income
|
133.4m
USD
|
Other Expenses
|
17.4m
USD
|
Net Income
|
150.7m
USD
|
Income Statement
Terreno Realty Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
46
N/A
|
51
+13%
|
57
+11%
|
63
+11%
|
69
+9%
|
76
+11%
|
84
+10%
|
90
+8%
|
96
+6%
|
98
+3%
|
100
+2%
|
103
+3%
|
108
+5%
|
114
+5%
|
121
+6%
|
128
+5%
|
133
+4%
|
138
+4%
|
143
+3%
|
147
+3%
|
152
+3%
|
155
+2%
|
160
+3%
|
165
+3%
|
171
+3%
|
175
+2%
|
179
+2%
|
183
+2%
|
187
+2%
|
192
+3%
|
200
+4%
|
210
+5%
|
222
+6%
|
235
+6%
|
247
+5%
|
261
+5%
|
276
+6%
|
287
+4%
|
301
+5%
|
313
+4%
|
324
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13)
|
(15)
|
(16)
|
(18)
|
(19)
|
(21)
|
(23)
|
(25)
|
(27)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(32)
|
(34)
|
(36)
|
(37)
|
(39)
|
(40)
|
(40)
|
(41)
|
(41)
|
(43)
|
(44)
|
(45)
|
(47)
|
(48)
|
(49)
|
(51)
|
(52)
|
(54)
|
(56)
|
(60)
|
(62)
|
(65)
|
(69)
|
(70)
|
(73)
|
(77)
|
(79)
|
|
Gross Profit |
33
N/A
|
37
+12%
|
41
+12%
|
46
+11%
|
50
+9%
|
55
+10%
|
61
+11%
|
66
+8%
|
69
+6%
|
71
+3%
|
72
+1%
|
74
+3%
|
78
+6%
|
83
+6%
|
89
+7%
|
94
+5%
|
97
+3%
|
101
+4%
|
104
+3%
|
107
+4%
|
112
+4%
|
115
+3%
|
119
+4%
|
123
+3%
|
127
+3%
|
130
+2%
|
133
+2%
|
135
+2%
|
138
+2%
|
142
+3%
|
148
+4%
|
156
+6%
|
166
+6%
|
176
+6%
|
185
+5%
|
196
+6%
|
207
+6%
|
216
+4%
|
228
+5%
|
237
+4%
|
245
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(21)
|
(23)
|
(25)
|
(28)
|
(29)
|
(33)
|
(38)
|
(41)
|
(51)
|
(51)
|
(52)
|
(55)
|
(54)
|
(55)
|
(58)
|
(58)
|
(58)
|
(60)
|
(60)
|
(60)
|
(62)
|
(63)
|
(66)
|
(67)
|
(68)
|
(68)
|
(68)
|
(69)
|
(69)
|
(69)
|
(71)
|
(74)
|
(78)
|
(83)
|
(87)
|
(92)
|
(97)
|
(102)
|
(107)
|
(110)
|
(111)
|
|
Selling, General & Administrative |
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(15)
|
(14)
|
(16)
|
(18)
|
(19)
|
(20)
|
(22)
|
(21)
|
(20)
|
(21)
|
(20)
|
(20)
|
(22)
|
(22)
|
(24)
|
(24)
|
(24)
|
(24)
|
(23)
|
(23)
|
(24)
|
(23)
|
(25)
|
(26)
|
(27)
|
(29)
|
(29)
|
(31)
|
(31)
|
(33)
|
(35)
|
(36)
|
(38)
|
|
Depreciation & Amortization |
(12)
|
(14)
|
(16)
|
(18)
|
(19)
|
(22)
|
(26)
|
(29)
|
(36)
|
(37)
|
(37)
|
(37)
|
(34)
|
(35)
|
(36)
|
(37)
|
(38)
|
(39)
|
(40)
|
(41)
|
(41)
|
(41)
|
(41)
|
(42)
|
(44)
|
(45)
|
(46)
|
(47)
|
(46)
|
(46)
|
(47)
|
(48)
|
(51)
|
(54)
|
(58)
|
(61)
|
(66)
|
(69)
|
(72)
|
(73)
|
(73)
|
|
Operating Income |
12
N/A
|
14
+14%
|
16
+18%
|
18
+13%
|
21
+16%
|
21
+2%
|
23
+8%
|
25
+6%
|
18
-25%
|
20
+9%
|
20
-2%
|
18
-6%
|
24
+33%
|
28
+14%
|
31
+10%
|
35
+15%
|
39
+11%
|
41
+5%
|
44
+7%
|
47
+8%
|
49
+4%
|
52
+5%
|
53
+3%
|
56
+5%
|
59
+5%
|
61
+4%
|
64
+5%
|
66
+2%
|
69
+4%
|
72
+6%
|
77
+6%
|
82
+6%
|
88
+8%
|
92
+5%
|
98
+6%
|
104
+6%
|
110
+6%
|
115
+4%
|
121
+5%
|
127
+5%
|
133
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(14)
|
(16)
|
(17)
|
(18)
|
(17)
|
(16)
|
(15)
|
(13)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(19)
|
(21)
|
(23)
|
(23)
|
(23)
|
(22)
|
(20)
|
|
Non-Reccuring Items |
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(6)
|
(6)
|
(6)
|
(5)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
11
|
16
|
10
|
11
|
7
|
2
|
12
|
26
|
31
|
34
|
36
|
20
|
29
|
30
|
18
|
20
|
9
|
5
|
23
|
30
|
27
|
0
|
9
|
3
|
17
|
0
|
0
|
13
|
112
|
0
|
48
|
48
|
38
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
27
|
0
|
0
|
0
|
17
|
93
|
76
|
0
|
112
|
0
|
0
|
0
|
|
Pre-Tax Income |
2
N/A
|
4
+50%
|
6
+64%
|
9
+42%
|
11
+26%
|
8
-24%
|
16
+98%
|
17
+5%
|
15
-13%
|
23
+57%
|
15
-34%
|
14
-8%
|
15
+9%
|
13
-11%
|
26
+95%
|
44
+68%
|
53
+20%
|
57
+8%
|
62
+8%
|
51
-17%
|
63
+24%
|
69
+9%
|
59
-14%
|
64
+8%
|
56
-13%
|
53
-5%
|
73
+38%
|
81
+11%
|
80
-2%
|
83
+4%
|
70
-16%
|
69
-2%
|
87
+27%
|
91
+4%
|
170
+88%
|
171
+1%
|
198
+16%
|
202
+2%
|
145
-28%
|
153
+5%
|
151
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
2
|
4
|
6
|
9
|
11
|
8
|
16
|
17
|
15
|
23
|
15
|
14
|
15
|
13
|
26
|
44
|
53
|
57
|
62
|
51
|
63
|
69
|
59
|
64
|
56
|
53
|
73
|
81
|
80
|
83
|
70
|
69
|
87
|
91
|
170
|
171
|
198
|
202
|
145
|
153
|
151
|
|
Net Income (Common) |
3
N/A
|
4
+32%
|
6
+47%
|
8
+36%
|
7
-12%
|
5
-36%
|
12
+176%
|
13
+6%
|
11
-17%
|
19
+74%
|
11
-41%
|
10
-10%
|
12
+13%
|
10
-14%
|
23
+128%
|
39
+74%
|
49
+25%
|
54
+10%
|
60
+10%
|
51
-15%
|
63
+24%
|
68
+9%
|
59
-14%
|
63
+8%
|
55
-13%
|
53
-5%
|
73
+39%
|
81
+11%
|
79
-2%
|
83
+4%
|
69
-16%
|
68
-2%
|
87
+27%
|
90
+4%
|
170
+88%
|
171
+1%
|
197
+16%
|
201
+2%
|
144
-28%
|
152
+5%
|
151
-1%
|
|
EPS (Diluted) |
0.12
N/A
|
0.16
+33%
|
0.15
-6%
|
0.24
+60%
|
0.23
-4%
|
0.1
-57%
|
0.28
+180%
|
0.32
+14%
|
0.26
-19%
|
0.45
+73%
|
0.26
-42%
|
0.23
-12%
|
0.26
+13%
|
0.21
-19%
|
0.46
+119%
|
0.74
+61%
|
0.95
+28%
|
0.98
+3%
|
1.05
+7%
|
0.87
-17%
|
1.09
+25%
|
1.1
+1%
|
0.91
-17%
|
0.95
+4%
|
0.85
-11%
|
0.79
-7%
|
1.04
+32%
|
1.19
+14%
|
1.16
-3%
|
1.21
+4%
|
1.01
-17%
|
0.98
-3%
|
1.23
+26%
|
1.19
-3%
|
2.21
+86%
|
2.25
+2%
|
2.61
+16%
|
2.49
-5%
|
1.73
-31%
|
1.8
+4%
|
1.81
+1%
|