Terreno Realty (TRNO) FY2015 results: revenue $96 million, up 39.2% on the year
Terreno Realty Corp. (TRNO) reported revenue of $96 million for fiscal 2015, the year ended 31 December 2015, up 39.2% on the year before. Net income was $15 million, up 36.2%, and diluted earnings per share $0.26. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2016.
Revenue
$96 million
+39.2% on the year
FY2011FY2015
Operating margin
14.2%
25.1% a year earlier
FY2011FY2015
Net income
$15 million
+36.2% on the year
FY2011FY2015
Diluted EPS
$0.26
+13.0% on the year
FY2011FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
95.9
68.9
45.5
+39.2%
Operating income
13.7
17.3
8.6
-21.1%
Operating margin
14.2%
25.1%
18.8%
Interest expense
9.6
6.6
6.2
+46.2%
Net income
14.6
10.7
6.6
+36.2%
Net margin
15.2%
15.6%
14.6%
Diluted EPS
$0.26
$0.23
$0.15
+13.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
42.1
29.3
13.5
+43.5%
Capital expenditure
18.8
19.7
9.5
-4.5%
Free cash flow
23.2
9.6
4.0
+142.1%
Free cash flow margin
24.2%
13.9%
8.7%
Cash from investing
-255
-250
-202
Cash from financing
45.1
404
189
-88.8%
Depreciation and amortisation
36.0
19.2
12.5
+87.9%
Share-based compensation
6.1
2.1
2.1
+195.2%
Buybacks
0.5
0.3
0.2
+80.3%
Dividends paid
27.5
15.8
9.7
+74.7%
Shares outstanding at period end
43m
43m
25m
+1.0%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
733
747
439
-1.9%
Debt
384
305
189
+26.1%
Other liabilities
35.0
25.2
17.2
+38.8%
Total liabilities and equity
1,152
1,077
645
+7.0%
Cash and equivalents
22.4
191
7.0
-88.2%
Other assets
1,130
886
638
+27.5%
Total assets
1,152
1,077
645
+7.0%
10-K for the year ended 31 December 2015, filed 10 February 2016: the filing.