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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)

$ millionFY2015FY2014FY2013On the yearLast 8 years
Revenue95.968.945.5+39.2%
Operating income13.717.38.6-21.1%
Operating margin14.2%25.1%18.8%
Interest expense9.66.66.2+46.2%
Net income14.610.76.6+36.2%
Net margin15.2%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

$ millionFY2015FY2014FY2013On the yearLast 8 years
Operating cash flow42.129.313.5+43.5%
Capital expenditure18.819.79.5-4.5%
Free cash flow23.29.64.0+142.1%
Free cash flow margin24.2%13.9%8.7%
Cash from investing-255-250-202
Cash from financing45.1404189-88.8%
Depreciation and amortisation36.019.212.5+87.9%
Share-based compensation6.12.12.1+195.2%
Buybacks0.50.30.2+80.3%
Dividends paid27.515.89.7+74.7%
Shares outstanding at period end43m43m25m+1.0%

Balance sheet

$ millionFY2015FY2014FY2013On the yearLast 8 years
Shareholders' equity733747439-1.9%
Debt384305189+26.1%
Other liabilities35.025.217.2+38.8%
Total liabilities and equity1,1521,077645+7.0%
Cash and equivalents22.41917.0-88.2%
Other assets1,130886638+27.5%
Total assets1,1521,077645+7.0%

10-K for the year ended 31 December 2015, filed 10 February 2016: the filing.