Terreno Realty (TRNO) FY2016 results: revenue $108 million, up 13.1% on the year
Terreno Realty Corp. (TRNO) reported revenue of $108 million for fiscal 2016, the year ended 31 December 2016, up 13.1% on the year before. Net income was $15 million, up 3.5%, and diluted earnings per share $0.26. The figures are the company's own, from the 10-K it filed with the SEC on 6 February 2019.
Revenue
$108 million
+13.1% on the year
FY2011FY2016
Operating margin
19.6%
14.2% a year earlier
FY2011FY2016
Net income
$15 million
+3.5% on the year
FY2011FY2016
Diluted EPS
$0.26
0.0% on the year
FY2011FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
108
95.9
68.9
+13.1%
Operating income
21.2
13.7
17.3
+55.6%
Operating margin
19.6%
14.2%
25.1%
Interest expense
13.1
9.6
6.6
+35.4%
Net income
15.1
14.6
10.7
+3.5%
Net margin
13.9%
15.2%
15.6%
Diluted EPS
$0.26
$0.26
$0.23
0.0%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
49.2
42.1
29.3
+17.1%
Capital expenditure
26.9
18.8
19.7
+42.9%
Free cash flow
22.3
23.2
9.6
-3.9%
Free cash flow margin
20.6%
24.2%
13.9%
Cash from investing
-150
-255
-250
Cash from financing
93.8
45.1
404
+107.7%
Depreciation and amortisation
34.4
36.0
19.2
-4.5%
Share-based compensation
9.4
6.1
2.1
+55.3%
Buybacks
1.6
0.5
0.3
+202.9%
Dividends paid
33.2
27.5
15.8
+20.5%
Shares outstanding at period end
47m
43m
43m
+9.5%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
812
733
747
+10.7%
Debt
415
384
305
+8.1%
Other liabilities
51.8
35.0
25.2
+48.1%
Total liabilities and equity
1,279
1,152
1,077
+11.0%
Intangible assets
18.1
n/a
n/a
Cash and equivalents
14.2
22.4
191
-36.7%
Other assets
1,247
1,130
886
+10.4%
Total assets
1,279
1,152
1,077
+11.0%
10-K for the year ended 31 December 2016, filed 6 February 2019: the filing.