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Side-by-side financial comparison of Alset Inc. (AEI) and Terreno Realty Corp (TRNO). Click either name above to swap in a different company.

Terreno Realty Corp is the larger business by last-quarter revenue ($137.5M vs $1.3M, roughly 105.4× Alset Inc.). Terreno Realty Corp runs the higher net margin — 115.1% vs -2481.1%, a 2596.1% gap on every dollar of revenue. On growth, Terreno Realty Corp posted the faster year-over-year revenue change (32.6% vs -85.4%). Over the past eight quarters, Terreno Realty Corp's revenue compounded faster (27.2% CAGR vs -53.7%).

Alset Global GmbH is an Austrian technology and engineering company based in Graz that specialises in hydrogen-based clean mobility products. Alset Global is known for developing a Hybrid Hydrogen internal combustion engine that can run on either pure petrol, pure hydrogen or a combination of both. This technology offers a sustainable and clean alternative to petrol-based internal combustion engines. The technology has been developed to create an alternative technology to meet new emission ta...

Terreno Realty Corp is a publicly traded real estate investment trust that specializes in owning, operating, and acquiring high-quality industrial real estate assets. Its portfolio mainly includes distribution warehouses and logistics facilities located in high-demand coastal U.S. metropolitan markets, serving tenants across e-commerce, last-mile delivery, retail supply chain, and light manufacturing segments.

AEI vs TRNO — Head-to-Head

Bigger by revenue
TRNO
TRNO
105.4× larger
TRNO
$137.5M
$1.3M
AEI
Growing faster (revenue YoY)
TRNO
TRNO
+118.0% gap
TRNO
32.6%
-85.4%
AEI
Higher net margin
TRNO
TRNO
2596.1% more per $
TRNO
115.1%
-2481.1%
AEI
Faster 2-yr revenue CAGR
TRNO
TRNO
Annualised
TRNO
27.2%
-53.7%
AEI

Income Statement — Q4 2025 vs Q4 2025

Metric
AEI
AEI
TRNO
TRNO
Revenue
$1.3M
$137.5M
Net Profit
$-32.4M
$158.2M
Gross Margin
35.2%
Operating Margin
-451.0%
Net Margin
-2481.1%
115.1%
Revenue YoY
-85.4%
32.6%
Net Profit YoY
-1491.5%
107.9%
EPS (diluted)
$-0.78
$1.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEI
AEI
TRNO
TRNO
Q4 25
$1.3M
$137.5M
Q3 25
$998.8K
$116.2M
Q2 25
$1.1M
$112.2M
Q1 25
$1.1M
$110.4M
Q4 24
$8.9M
$103.7M
Q3 24
$5.0M
$99.6M
Q2 24
$1.1M
$94.2M
Q1 24
$6.1M
$85.0M
Net Profit
AEI
AEI
TRNO
TRNO
Q4 25
$-32.4M
$158.2M
Q3 25
$1.5M
$103.4M
Q2 25
$-8.2M
$93.3M
Q1 25
$-8.3M
$48.1M
Q4 24
$2.3M
$76.1M
Q3 24
$1.7M
$36.6M
Q2 24
$-1.2M
$35.7M
Q1 24
$-6.8M
$36.1M
Gross Margin
AEI
AEI
TRNO
TRNO
Q4 25
35.2%
Q3 25
24.3%
Q2 25
23.3%
Q1 25
27.2%
Q4 24
51.4%
Q3 24
40.5%
Q2 24
26.4%
Q1 24
23.5%
Operating Margin
AEI
AEI
TRNO
TRNO
Q4 25
-451.0%
Q3 25
-258.2%
Q2 25
-250.7%
Q1 25
-368.1%
Q4 24
21.5%
Q3 24
-19.4%
Q2 24
-249.3%
Q1 24
-37.2%
Net Margin
AEI
AEI
TRNO
TRNO
Q4 25
-2481.1%
115.1%
Q3 25
151.4%
88.9%
Q2 25
-748.1%
83.1%
Q1 25
-780.1%
43.6%
Q4 24
26.0%
73.4%
Q3 24
34.6%
36.8%
Q2 24
-109.9%
37.9%
Q1 24
-111.2%
42.4%
EPS (diluted)
AEI
AEI
TRNO
TRNO
Q4 25
$-0.78
$1.54
Q3 25
$0.05
$1.00
Q2 25
$-0.71
$0.90
Q1 25
$-0.78
$0.47
Q4 24
$0.24
$0.78
Q3 24
$0.19
$0.37
Q2 24
$-0.13
$0.37
Q1 24
$-0.73
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEI
AEI
TRNO
TRNO
Cash + ST InvestmentsLiquidity on hand
$25.2M
$25.0M
Total DebtLower is stronger
$943.3M
Stockholders' EquityBook value
$121.1M
$4.1B
Total Assets
$136.6M
$5.4B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEI
AEI
TRNO
TRNO
Q4 25
$25.2M
$25.0M
Q3 25
$25.5M
$26.2M
Q2 25
$25.6M
$128.4M
Q1 25
$25.2M
$156.5M
Q4 24
$27.2M
$18.1M
Q3 24
$16.7M
$243.7M
Q2 24
$18.9M
$182.0M
Q1 24
$23.7M
$649.6M
Total Debt
AEI
AEI
TRNO
TRNO
Q4 25
$943.3M
Q3 25
$1.0B
Q2 25
$742.4M
Q1 25
$116.5K
$741.9M
Q4 24
$123.1K
$823.4M
Q3 24
$137.9K
$672.2M
Q2 24
$137.8K
$772.0M
Q1 24
$145.8K
$771.8M
Stockholders' Equity
AEI
AEI
TRNO
TRNO
Q4 25
$121.1M
$4.1B
Q3 25
$155.7M
$4.0B
Q2 25
$72.8M
$3.9B
Q1 25
$76.4M
$3.9B
Q4 24
$81.3M
$3.7B
Q3 24
$84.2M
$3.6B
Q2 24
$79.4M
$3.4B
Q1 24
$81.7M
$3.4B
Total Assets
AEI
AEI
TRNO
TRNO
Q4 25
$136.6M
$5.4B
Q3 25
$169.1M
$5.3B
Q2 25
$86.0M
$5.0B
Q1 25
$90.5M
$4.9B
Q4 24
$96.8M
$4.8B
Q3 24
$98.8M
$4.6B
Q2 24
$93.5M
$4.5B
Q1 24
$96.7M
$4.4B
Debt / Equity
AEI
AEI
TRNO
TRNO
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.19×
Q1 25
0.00×
0.19×
Q4 24
0.00×
0.22×
Q3 24
0.00×
0.19×
Q2 24
0.00×
0.22×
Q1 24
0.00×
0.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEI
AEI
TRNO
TRNO
Operating Cash FlowLast quarter
$-436.1K
$70.3M
Free Cash FlowOCF − Capex
$-466.5K
FCF MarginFCF / Revenue
-35.8%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.44×
TTM Free Cash FlowTrailing 4 quarters
$-6.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEI
AEI
TRNO
TRNO
Q4 25
$-436.1K
$70.3M
Q3 25
$883.4K
$79.5M
Q2 25
$-2.6M
$60.6M
Q1 25
$-3.8M
$61.4M
Q4 24
$13.9M
$51.3M
Q3 24
$-2.9M
$70.0M
Q2 24
$-4.4M
$64.3M
Q1 24
$-1.5M
$47.0M
Free Cash Flow
AEI
AEI
TRNO
TRNO
Q4 25
$-466.5K
Q3 25
$822.4K
Q2 25
$-2.7M
Q1 25
$-3.8M
Q4 24
$13.9M
Q3 24
$-2.9M
Q2 24
$-4.4M
Q1 24
$-1.5M
FCF Margin
AEI
AEI
TRNO
TRNO
Q4 25
-35.8%
Q3 25
82.3%
Q2 25
-245.9%
Q1 25
-357.3%
Q4 24
155.1%
Q3 24
-58.2%
Q2 24
-392.3%
Q1 24
-24.8%
Capex Intensity
AEI
AEI
TRNO
TRNO
Q4 25
2.3%
Q3 25
6.1%
Q2 25
7.6%
Q1 25
5.7%
Q4 24
0.4%
Q3 24
0.6%
Q2 24
3.0%
Q1 24
0.0%
Cash Conversion
AEI
AEI
TRNO
TRNO
Q4 25
0.44×
Q3 25
0.58×
0.77×
Q2 25
0.65×
Q1 25
1.28×
Q4 24
5.98×
0.67×
Q3 24
-1.66×
1.91×
Q2 24
1.80×
Q1 24
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AEI
AEI

Segment breakdown not available.

TRNO
TRNO

Disposal Group Disposed Of By Sale Not Discontinued Operations$109.5M80%
Other$23.8M17%
At Market Equity Offering Program500Million$4.1M3%

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