COMP <GO>
TRNO vs INVH // ALTMAN Z-SCORE & DEBT/EQUITY
Terreno Realty Corporation (NYSE) VS. Invitation Homes Inc. (NYSE) • 15-METRIC TALLY: TRNO 8
— INVH 4
■ METRIC PARITY
LAST: $66.76 (+1.83%) • MKT CAP: $7.27B
balance-sheet
—
LAST: $26.86 (+1.13%) • MKT CAP: $15.48B
balance-sheet
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TRNO VS. INVH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TRNO | INVH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 8.40% | 4.30% | +4.10 | TRNO | /roic <GO> |
| EV/EBITDA & P/E Valuation | 15.0x | 23.6x | -8.60 | TRNO | /valuation <GO> |
| Free Cash Flow Yield | 3.50% | 6.89% | -3.39 | INVH | /fcf-yield <GO> |
| Operating Margin | 75.00% | 26.30% | +48.70 | TRNO | /operating-margins <GO> |
| Net Profit Margin | 68.00% | 21.50% | +46.50 | TRNO | /net-margins <GO> |
| Revenue Growth (YoY) | 24.50% | 4.20% | +20.30 | TRNO | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.85% | 4.53% | -1.68 | INVH | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 9/9 | -1.00 | INVH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 59.4 | 48.8 | +10.60 | TRNO | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.01 | 0.93 | +0.08 | TRNO | /macro-sensitivity <GO> |
| Forward P/E Multiple | 15.0x | 24.9x | -9.90 | TRNO | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.27B | $15.48B | -$8.20B | INVH | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TRNO REV | INVH REV | TRNO GROSS % | INVH GROSS % | TRNO FCF | INVH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $476.4M | $2.73B | — | — | $250.4M | $1.08B |
| FY 2024 | $382.6M | $2.62B | — | — | $215.5M | $964.0M |
| FY 2023 | $323.6M | $2.43B | — | — | $165.1M | $997.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TRNO // BETA 1.01
INVH // BETA 0.93