TRNO

Stock

Terreno Realty Corporation

One email when a drop — in price or in valuation — is historically rare for TRNO. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

Terreno Realty Corporation is 12.9% off its high — deeper than its 3.5% average pullback, but it has been through 115 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: Terreno Realty Corporation's P/S Severity Score is 1.3 — its valuation sits in or above its typical range.

Price $66.59 · as of Aug 28, 2026All-time high $76.47Drawdown -12.9%Severity Score™ 3.0Is the broader market down too?
🟡

Elevated

Current Drawdown

-12.9%

Days in Drawdown

1684

Avg Max Drawdown

3.5%

Avg Length

36

Drawdown Severity Score™

3.0

TRNO - Price & High Water Mark

TRNO - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of August 27, 2026 · updated daily

Where today's valuation sits within TRNO's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

14.3xSeverity Score 1.3 · In or above its typical range
Low: 6.5xMedian: 14.6xHigh: 41.5x

Terreno Realty Corporation has been cheaper on this measure only about 46% of the time in 16 years of daily history.

65.5% below its highest Price to Sales reading · high date February 28, 2011

Price to Sales history

EV to EBITDA

24.6xSeverity Score 2.1 · Below its typical range
Low: 17.6xMedian: 25.8xHigh: 77.5x

Terreno Realty Corporation has been cheaper on this measure only about 38% of the time in 15 years of daily history.

68.2% below its highest EV to EBITDA reading · high date December 23, 2011

EV to EBITDA history · log scale

How we measure valuation

Terreno Realty Corporation (TRNO) Analysis: Current Drawdown Insights

Terreno Realty Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-28, the stock is trading at $66.59, which represents a 12.9% decline from its all-time high of $76.47. This drawdown has persisted for 1684 days.

Based on its full tracked price history, Terreno Realty Corporation typically experiences drawdowns averaging 3.5% in depth, with an average duration of 36 days. Terreno Realty Corporation has gone through 115 total drawdown events in its tracked history. The largest drawdown on record for Terreno Realty Corporation was 41.5%, beginning in 2010. The longest drawdown duration on record was 1112 days.

The Drawdown Severity Score™ for Terreno Realty Corporation currently stands at 3.03. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Terreno Realty Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 115 tracked pullbacks (63 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2022-01-17Ongoing1684 days-12.9%$76.47$66.59n/a
2021-12-142021-12-2714 days-2.0%$72.93$71.47$73.98
2021-12-092021-12-135 days-1.9%$71.83$70.49$72.93
2021-11-262021-12-0611 days-3.5%$70.00$67.56$70.01
2021-11-222021-11-232 days-0.9%$69.39$68.78$69.61
2021-11-052021-11-1915 days-4.0%$69.32$66.54$69.39
2021-10-292021-11-014 days-0.9%$65.85$65.29$66.52
2021-10-252021-10-284 days-0.4%$64.13$63.85$65.85
2021-09-072021-10-1842 days-8.7%$61.51$56.14$62.43
2021-08-062021-09-0228 days-4.8%$60.75$57.82$61.29
2021-08-022021-08-054 days-1.4%$60.71$59.86$60.75
2021-07-212021-07-299 days-1.3%$60.47$59.70$60.62
2021-07-132021-07-208 days-1.8%$59.74$58.65$60.47
2021-06-152021-07-1228 days-3.8%$59.55$57.30$59.74
2021-06-112021-06-144 days-0.0%$58.84$58.81$59.55
2021-06-032021-06-075 days-0.2%$57.33$57.20$57.59
2021-05-032021-06-0231 days-4.9%$57.05$54.23$57.33
2021-04-212021-04-299 days-1.2%$56.29$55.63$56.63
2021-04-162021-04-194 days-0.9%$54.92$54.45$55.09
2021-04-142021-04-152 days-1.6%$54.30$53.44$54.92
2020-10-132021-04-13183 days-11.5%$54.03$47.81$54.30
2020-08-072020-10-1267 days-14.1%$53.61$46.03$54.03
2020-02-192020-08-06169 days-30.7%$53.49$37.07$53.61
2020-01-312020-02-078 days-1.7%$50.17$49.31$50.70
2020-01-222020-01-287 days-2.1%$49.85$48.81$49.90
2019-11-292020-01-2154 days-9.1%$49.66$45.13$49.85
2019-11-212019-11-266 days-0.9%$48.78$48.35$49.42
2019-11-042019-11-1916 days-2.6%$48.47$47.20$48.58
2019-10-182019-10-247 days-0.9%$45.99$45.57$46.22
2019-10-152019-10-162 days-0.1%$45.24$45.18$45.43
2019-09-242019-10-0411 days-1.5%$43.91$43.24$44.17
2019-09-182019-09-203 days-1.6%$43.69$42.97$43.69
2019-09-062019-09-1611 days-3.3%$43.47$42.05$43.58
2019-08-202019-09-0416 days-2.3%$43.37$42.37$43.47
2019-07-112019-08-1637 days-5.0%$43.11$40.95$43.27
2019-07-082019-07-092 days-0.3%$42.37$42.25$42.51
2019-07-012019-07-022 days-0.6%$41.59$41.33$42.01
2019-06-212019-06-288 days-2.9%$41.23$40.03$41.59
2019-06-102019-06-112 days-0.0%$39.88$39.87$39.92
2019-06-042019-06-052 days-1.2%$39.08$38.61$39.31
2019-05-222019-06-0313 days-1.3%$38.98$38.49$39.08
2019-05-202019-05-212 days-1.2%$38.78$38.30$38.98
2019-05-132019-05-164 days-0.6%$38.51$38.30$38.72
2019-05-062019-05-105 days-1.7%$38.49$37.82$38.51
2019-04-152019-04-2612 days-3.2%$37.38$36.19$37.52
2019-04-082019-04-103 days-0.4%$36.41$36.26$36.94
2019-04-032019-04-042 days-0.2%$35.96$35.87$36.04
2019-02-082019-04-0253 days-4.6%$35.87$34.22$35.96
2019-01-312019-02-078 days-0.6%$34.07$33.86$35.87
2018-11-202019-01-2870 days-13.5%$32.96$28.52$33.41
2018-11-082018-11-1912 days-1.0%$32.80$32.46$32.96
2018-05-082018-11-07184 days-9.9%$32.28$29.07$32.80
2017-11-272018-05-02156 days-15.7%$31.31$26.39$31.41
2017-01-052017-04-1196 days-8.7%$23.28$21.26$23.92
2016-09-272016-12-0873 days-10.7%$22.21$19.83$22.69
2016-08-012016-09-2253 days-5.5%$22.00$20.78$22.13
2016-03-182016-05-0650 days-7.0%$18.53$17.24$18.60
2015-11-252016-03-17113 days-11.3%$18.13$16.09$18.53
2015-01-272015-11-23301 days-18.2%$18.02$14.74$18.05
2014-11-072015-01-0762 days-8.2%$16.08$14.76$16.31
2014-09-092014-10-1436 days-8.0%$15.15$13.93$15.42
2014-06-062014-08-1369 days-6.0%$14.64$13.76$14.79
2013-05-202014-06-05382 days-16.1%$14.48$12.16$14.64
2010-04-082013-04-231112 days-41.5%$13.39$7.84$13.41

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Terreno Realty Corporation (TRNO) is trading at $66.59 as of Aug 28, 2026. It is 12.9% below its high of $76.47. The drawdown has lasted 1,684 days. Severity score: 3.0 (Elevated).

TRNO Price History and Drawdown Data

Latest price

$66.59

High-water mark

$76.47

Current drawdown

-12.9%

Days in drawdown

1,684

This TRNO page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Terreno Realty Corporation drawdowns.

What History Says About TRNO

Terreno Realty Corporation has dropped 10%+ from its high 10 times in its tracked history. These events lasted an average of 263 days with an average max drop of -18.3%.

The current drawdown of -12.9% has lasted 1,684 days, which is 6.4x the average duration of comparable events.

PeriodMax DropDuration
Apr 2010 to Apr 2013-41.5%1112 days
Feb 2020 to Aug 2020-30.7%169 days
Jan 2015 to Nov 2015-18.2%301 days
May 2013 to Jun 2014-16.1%382 days
Nov 2017 to May 2018-15.7%156 days
Aug 2020 to Oct 2020-14.1%67 days

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