Verdict: Side-by-side breakdown using the Bull Rankings model. TRNO scored 74.0, REXR scored 69.0 — TRNO leads.
Compare another set
TRNO
Terreno Realty Corporation
REIT - Industrial · Financial strength
73.6Fin
$65.87 · $7.2B
fundamentals as of
Strength gap
5.4
TRNO leads
REXR
Rexford Industrial Realty, Inc.
REIT - Industrial · Financial strength
68.2Fin
$37.84 · $8.7B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
Fastest growthTRNO+24.5%
Strongest balance sheetTRNO0.21
Side by side · every name on one set of axes
Fundamentals, head-to-head
TRNO
REXR
3.5%B+
Yield
4.7%B+
+24.5%A-
Rev
+7.1%B
0.21A
D/E
0.41A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
The companies
TRNOTerreno Realty Corporation
REIT - Industrial · $65.87 · beta 1.04
Why now
REIT - Industrial · market cap $7.2b. 17% off the 52-week high of $78.94. Revenue growing +25%, comfortably above the S&P median. 17 sell-side analysts rate this a Buy with a mean 1-yr target of $74.12 (implying +13% upside).
Moat
Net margin 77% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma.
Risk
P/S 14.3x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard.
REXRRexford Industrial Realty, Inc.
REIT - Industrial · $37.84 · beta 1.20
Why now
REIT - Industrial · market cap $8.7b. 15% off the 52-week high of $44.38. 16 sell-side analysts rate this a Hold with a mean 1-yr target of $40.38 (implying +7% upside).
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Currently unprofitable (margin -39.2%) — path to GAAP profitability is the core thesis risk. Dividend payout 185% of earnings on a 4.7% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. ROE -5% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Common questions
Is TRNO or REXR the better stock?
TRNO scores higher: TRNO 74.0, REXR 69.0 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
How are TRNO and REXR scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.