Financials · Real Estate Investment Trusts
Prologis, Inc.
$128.70 -1.33 (-1.02%) After hours $130.03 (+1.02%) ≈ ₹12,079 a share
Key numbers
- Market value
- $122.33B
- P/E (TTM)
- 28.4
- Forward P/E
- 40.5
- EPS (TTM)
- $4.53
- Dividend yield
- 3.28%
- Beta
- 1.29
- Day range
- $128.08 – $130.06
- 52-week range
- $121.40 – $153.35
- Volume
- 953,515
- 10-day avg volume
- $3.93M
- Revenue (TTM)
- $9.36B
- EBITDA (TTM)
- $6.38B
- Gross margin
- 74.3%
- Net margin
- 48.4%
- Return on equity
- 7.9%
- Debt / equity
- 65.9%
- Price / sales
- 13.06
- Shares out
- 950.51M
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net income · QoQ (vs last quarter)
Net income · YoY (vs a year ago)
| US$ | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.45B | $1.91B | $1.89B | $1.96B | $2.01B | $2.04B | $2.20B | $2.14B | $2.18B | $2.21B | $2.25B | $2.30B |
| Operating income | $1.41B | $882.11M | $834.85M | $720.36M | $1.02B | $1.25B | $1.42B | $878.41M | $912.71M | $940.26M | $1.63B | $1.21B |
| Operating margin | 57.6% | 46.1% | 44.2% | 36.8% | 51.0% | 61.4% | 64.6% | 41.1% | 41.8% | 42.5% | 72.2% | 52.7% |
| Interest expense | $149.82M | $181.05M | $174.45M | $193.32M | $208.27M | $230.11M | $232.23M | $231.75M | $251.87M | $258.27M | $260.45M | $254.29M |
| Pre-tax income | $1.36B | $840.38M | $734.38M | $663.61M | $954.56M | $1.07B | $1.43B | $682.90M | $645.71M | $875.80M | $1.56B | $1.09B |
| Income tax | $79.23M | $41.24M | $58.50M | $32.80M | $43.06M | $4.21M | $86.87M | $43.38M | $23.41M | $54.54M | $82.69M | $47.97M |
| Net income | $1.22B | $747.63M | $630.94M | $585.72M | $861.35M | $1.01B | $1.28B | $592.95M | $571.23M | $764.27M | $1.40B | $981.98M |
| Net margin | 49.6% | 39.0% | 33.4% | 29.9% | 42.9% | 49.4% | 58.1% | 27.7% | 26.2% | 34.5% | 62.1% | 42.7% |
| EPS (diluted) | $1.31 | $0.80 | $0.68 | $0.63 | $0.92 | $1.08 | $1.37 | $0.63 | $0.61 | $0.82 | $1.49 | $1.05 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
Revenue · YoY (vs a year ago)
Net income · YoY (vs a year ago)
EPS (diluted) · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.80B | $3.33B | $4.44B | $4.76B | $5.97B | $8.02B | $8.20B | $8.79B |
| Revenue growth | — | 18.8% | 33.3% | 7.2% | 25.5% | 34.3% | 2.2% | 7.2% |
| Operating income | $1.69B | $1.85B | $2.12B | $3.21B | $3.47B | $3.71B | $4.42B | $4.36B |
| Operating margin | 60.2% | 55.5% | 47.7% | 67.4% | 58.0% | 46.2% | 53.8% | 49.6% |
| Depreciation & amortisation | $947.21M | $1.14B | $1.56B | $1.58B | $1.81B | $2.48B | $2.58B | $2.63B |
| Interest expense | $229.14M | $239.95M | $314.51M | $266.23M | $309.04M | $641.33M | $863.93M | $1.00B |
| Pre-tax income | $1.89B | $1.78B | $1.75B | $3.32B | $3.69B | $3.46B | $4.11B | $3.77B |
| Income tax | $63.33M | $74.52M | $130.46M | $174.26M | $135.41M | $211.04M | $166.94M | $204.02M |
| Tax rate | 3.4% | 4.2% | 7.5% | 5.2% | 3.7% | 6.1% | 4.1% | 5.4% |
| Net income | $1.65B | $1.57B | $1.48B | $2.94B | $3.36B | $3.06B | $3.73B | $3.33B |
| Net margin | 58.8% | 47.2% | 33.4% | 61.8% | 56.3% | 38.1% | 45.5% | 37.9% |
| EPS (diluted) | $2.87 | $2.46 | $2.01 | $3.94 | $4.25 | $3.29 | $4.01 | $3.56 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
Shareholders' equity · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $343.86M | $1.09B | $598.00M | $556.00M | $278.00M | $530.00M | $1.32B | $1.15B |
| Total assets | $38.42B | $40.03B | $56.07B | $58.49B | $87.90B | $93.02B | $95.33B | $98.72B |
| Long-term debt | $11.09B | $11.91B | $16.85B | $215.30M | $23.88B | $29.00B | $30.88B | $35.04B |
| Total debt | $11.09B | $11.91B | $16.85B | $215.30M | $23.88B | $29.00B | $30.88B | $35.04B |
| Total liabilities | $12.62B | $13.96B | $19.74B | $20.74B | $30.03B | $35.20B | $36.71B | $40.97B |
| Shareholders' equity | $22.30B | $22.65B | $31.97B | $33.43B | $53.24B | $53.18B | $53.95B | $53.19B |
| Debt / equity | 0.50 | 0.53 | 0.53 | 0.01 | 0.45 | 0.55 | 0.57 | 0.66 |
| Return on equity | 7.4% | 6.9% | 4.6% | 8.8% | 6.3% | 5.8% | 6.9% | 6.3% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
Operating cash flow · YoY (vs a year ago)
Free cash flow · YoY (vs a year ago)
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $1.80B | $2.26B | $2.94B | $3.00B | $4.13B | $5.37B | $4.91B | $5.01B |
| Free cash flow | $1.80B | $2.26B | $2.94B | $3.00B | $4.13B | $5.37B | $4.91B | $5.01B |
| FCF margin | 64.3% | 68.0% | 66.2% | 62.9% | 69.1% | 67.0% | 59.9% | 57.0% |
| Stock-based pay | $76.09M | $97.56M | $109.83M | $113.03M | $175.36M | $267.65M | $231.75M | $185.47M |
| Cash from investing | $-663.80M | $-685.35M | $-3.07B | $-1.99B | $-4.50B | $-6.42B | $-3.10B | $-3.63B |
| Cash from financing | $-1.23B | $-839.60M | $-372.16M | $-1.01B | $115.79M | $1.32B | $-999.96M | $-1.56B |
| Dividends paid | $-1.12B | $-1.35B | $-1.72B | $-1.87B | $-2.49B | $-3.23B | $-3.57B | $-3.76B |
About
About Prologis, Inc.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.3 billion square feet in 20 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2018, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Prologis, Inc.
- Ticker
- PLD
- Exchange
- NYSE
- ISIN
- US74340W1036
- SEC CIK
- 0001045609
- Other tickers
- PLDGP
- Sector
- Financials
- Industry
- Real Estate Investment Trusts
- SEC industry (SIC)
- Real Estate Investment Trusts (6798)
- Incorporated in
- Maryland
- Financial year ends
- 31 December
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 13 Feb 2026
- CEO
- Daniel S. Letter
- Chair
- Hamid R. Moghadam
- Headquarters
- San Francisco
- Address
- Pier 1 Bay 1, San Francisco, Ca 94111
- Founded
- 1983
- Employees
- 2,802
- Formerly known as
- Amb Property Corp
- Trades in
- US dollars (USD)
- Website
- prologis.com
News
Latest news
From Google News; each link opens the publisher's story.
Peers
Others in Financials
Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.