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Side-by-side financial comparison of Terreno Realty Corp (TRNO) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.

UNIVERSAL TECHNICAL INSTITUTE INC is the larger business by last-quarter revenue ($221.4M vs $137.5M, roughly 1.6× Terreno Realty Corp). Terreno Realty Corp runs the higher net margin — 115.1% vs 0.2%, a 114.9% gap on every dollar of revenue. On growth, Terreno Realty Corp posted the faster year-over-year revenue change (32.6% vs 6.7%). Over the past eight quarters, Terreno Realty Corp's revenue compounded faster (27.2% CAGR vs 11.7%).

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.

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.

TRNO vs UTI — Head-to-Head

Bigger by revenue
UTI
UTI
1.6× larger
UTI
$221.4M
$137.5M
TRNO
Growing faster (revenue YoY)
TRNO
TRNO
+25.8% gap
TRNO
32.6%
6.7%
UTI
Higher net margin
TRNO
TRNO
114.9% more per $
TRNO
115.1%
0.2%
UTI
Faster 2-yr revenue CAGR
TRNO
TRNO
Annualised
TRNO
27.2%
11.7%
UTI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
TRNO
TRNO
UTI
UTI
Revenue
$137.5M
$221.4M
Net Profit
$158.2M
$433.0K
Gross Margin
Operating Margin
0.2%
Net Margin
115.1%
0.2%
Revenue YoY
32.6%
6.7%
Net Profit YoY
107.9%
-60.5%
EPS (diluted)
$1.54
$0.01

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
TRNO
TRNO
UTI
UTI
Q1 26
$221.4M
Q4 25
$137.5M
$220.8M
Q3 25
$116.2M
$222.4M
Q2 25
$112.2M
$204.3M
Q1 25
$110.4M
$207.4M
Q4 24
$103.7M
$201.4M
Q3 24
$99.6M
$196.4M
Q2 24
$94.2M
$177.5M
Net Profit
TRNO
TRNO
UTI
UTI
Q1 26
$433.0K
Q4 25
$158.2M
$12.8M
Q3 25
$103.4M
$18.8M
Q2 25
$93.3M
$10.7M
Q1 25
$48.1M
$11.4M
Q4 24
$76.1M
$22.2M
Q3 24
$36.6M
$18.8M
Q2 24
$35.7M
$5.0M
Operating Margin
TRNO
TRNO
UTI
UTI
Q1 26
0.2%
Q4 25
7.1%
Q3 25
11.2%
Q2 25
6.9%
Q1 25
8.1%
Q4 24
13.6%
Q3 24
13.3%
Q2 24
4.2%
Net Margin
TRNO
TRNO
UTI
UTI
Q1 26
0.2%
Q4 25
115.1%
5.8%
Q3 25
88.9%
8.4%
Q2 25
83.1%
5.2%
Q1 25
43.6%
5.5%
Q4 24
73.4%
11.0%
Q3 24
36.8%
9.6%
Q2 24
37.9%
2.8%
EPS (diluted)
TRNO
TRNO
UTI
UTI
Q1 26
$0.01
Q4 25
$1.54
$0.23
Q3 25
$1.00
$0.33
Q2 25
$0.90
$0.19
Q1 25
$0.47
$0.21
Q4 24
$0.78
$0.40
Q3 24
$0.37
$0.35
Q2 24
$0.37
$0.09

Balance Sheet & Financial Strength

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

Metric
TRNO
TRNO
UTI
UTI
Cash + ST InvestmentsLiquidity on hand
$25.0M
$162.0M
Total DebtLower is stronger
$943.3M
$127.8M
Stockholders' EquityBook value
$4.1B
$339.9M
Total Assets
$5.4B
$852.2M
Debt / EquityLower = less leverage
0.23×
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRNO
TRNO
UTI
UTI
Q1 26
$162.0M
Q4 25
$25.0M
$162.8M
Q3 25
$26.2M
$169.1M
Q2 25
$128.4M
$70.7M
Q1 25
$156.5M
$96.0M
Q4 24
$18.1M
$172.0M
Q3 24
$243.7M
$161.9M
Q2 24
$182.0M
$115.5M
Total Debt
TRNO
TRNO
UTI
UTI
Q1 26
$127.8M
Q4 25
$943.3M
$101.4M
Q3 25
$1.0B
$87.1M
Q2 25
$742.4M
$73.8M
Q1 25
$741.9M
$94.4M
Q4 24
$823.4M
$120.1M
Q3 24
$672.2M
$125.7M
Q2 24
$772.0M
$137.3M
Stockholders' Equity
TRNO
TRNO
UTI
UTI
Q1 26
$339.9M
Q4 25
$4.1B
$335.9M
Q3 25
$4.0B
$328.1M
Q2 25
$3.9B
$306.8M
Q1 25
$3.9B
$293.9M
Q4 24
$3.7B
$280.0M
Q3 24
$3.6B
$260.2M
Q2 24
$3.4B
$239.4M
Total Assets
TRNO
TRNO
UTI
UTI
Q1 26
$852.2M
Q4 25
$5.4B
$834.0M
Q3 25
$5.3B
$826.1M
Q2 25
$5.0B
$740.8M
Q1 25
$4.9B
$720.4M
Q4 24
$4.8B
$753.8M
Q3 24
$4.6B
$744.6M
Q2 24
$4.5B
$706.0M
Debt / Equity
TRNO
TRNO
UTI
UTI
Q1 26
0.38×
Q4 25
0.23×
0.30×
Q3 25
0.26×
0.27×
Q2 25
0.19×
0.24×
Q1 25
0.19×
0.32×
Q4 24
0.22×
0.43×
Q3 24
0.19×
0.48×
Q2 24
0.22×
0.57×

Cash Flow & Capital Efficiency

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

Metric
TRNO
TRNO
UTI
UTI
Operating Cash FlowLast quarter
$271.9M
$7.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.72×
16.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRNO
TRNO
UTI
UTI
Q1 26
$7.1M
Q4 25
$271.9M
$3.1M
Q3 25
$79.5M
$57.1M
Q2 25
$60.6M
$18.1M
Q1 25
$61.4M
$-789.0K
Q4 24
$232.7M
$23.0M
Q3 24
$70.0M
$67.5M
Q2 24
$64.3M
$10.0M
Free Cash Flow
TRNO
TRNO
UTI
UTI
Q1 26
Q4 25
$-19.2M
Q3 25
$40.6M
Q2 25
$6.8M
Q1 25
$-11.7M
Q4 24
$19.6M
Q3 24
$60.0M
Q2 24
$3.0M
FCF Margin
TRNO
TRNO
UTI
UTI
Q1 26
Q4 25
-8.7%
Q3 25
18.3%
Q2 25
3.4%
Q1 25
-5.7%
Q4 24
9.7%
Q3 24
30.6%
Q2 24
1.7%
Capex Intensity
TRNO
TRNO
UTI
UTI
Q1 26
Q4 25
10.1%
Q3 25
7.4%
Q2 25
5.5%
Q1 25
5.3%
Q4 24
1.7%
Q3 24
3.8%
Q2 24
4.0%
Cash Conversion
TRNO
TRNO
UTI
UTI
Q1 26
16.33×
Q4 25
1.72×
0.24×
Q3 25
0.77×
3.04×
Q2 25
0.65×
1.69×
Q1 25
1.28×
-0.07×
Q4 24
3.06×
1.04×
Q3 24
1.91×
3.58×
Q2 24
1.80×
2.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TRNO
TRNO

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

UTI
UTI

Segment breakdown not available.

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