Prologis, Inc.

Prologis, Inc.

131.36
USD
+2.28
(+1.77%)
4.72EPS
28.51P/E
123.40BMarket Cap
Jan 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.6
3.52
4.22
4.81
4.94
4.94
5.28
6.09
6.44
7.6
8.68
8.86
9.47
10.02
Basic EPS, GAAP
0.67
1.26
1.66
2.29
3.1
2.9
2.48
2.03
3.97
4.28
3.3
4.02
3.58
4.55
Free Cash Flow per Basic Share
1
1.79
2.14
2.69
3.18
3.18
3.59
4.03
4.05
5.25
5.81
5.3
5.39
5.94
Dividend per Share
1.18
1.35
1.54
1.7
1.78
1.98
2.13
2.37
2.53
3.18
3.49
3.86
4.05
4.24
Book Value per Share
27.29
27.28
27.82
28.21
29.24
35.31
35.75
43.15
45.1
57.6
57.46
58.18
57.18
58.76
Tangible Book Value per Share
27.29
27.28
26.99
27.7
28.86
34.59
35.25
42.17
44.35
56.32
56.37
57.35
56.55
58.76
Basic Weighted Avg Shares
486
500
521
526
530
567
631
728
739
786
924
926
928
935
Sales/Revenue/Turnover
1,750
1,761
2,197
2,533
2,618
2,804
3,331
4,439
4,759
5,974
8,023
8,202
8,790
9,363
Operating Margin (%)
17.39
18.16
17.3
26.39
29.45
30.2
29.78
31.58
33.98
38.17
38.44
37.77
38.84
38.19
Depreciation Expense
664
642
880
931
879
947
1,140
1,562
1,578
1,813
2,485
2,581
2,626
2,800
Net Income, GAAP
343
636
869
1,210
1,652
1,649
1,573
1,482
2,940
3,365
3,059
3,732
3,328
4,261
Effective Tax Rate (%)
31.74
- -
2.43
4.05
3.01
3.36
4.19
7.47
5.24
3.67
6.09
4.06
5.41
6.92
Profit Margin (%)
19.59
36.13
39.57
47.76
63.11
58.81
47.23
33.38
61.77
56.33
38.13
45.5
37.86
45.51
Working Capital
-563
-82
290
736
-44
323
1,036
578
-61
-2,013
-1,494
-219
-245
-758
LT Debt
8,286
9,337
11,627
10,573
9,095
11,039
12,193
17,164
17,672
22,976
28,619
31,270
35,636
36,047
Total Equity
14,176
15,184
18,421
18,458
18,706
25,801
26,072
36,325
37,742
57,863
57,824
58,617
57,754
60,342
Return on Invested Capital (%)
0.84
- -
1.35
2.16
6.61
5.01
4.7
4.25
5.54
4.82
4.09
4.76
4.48
5.04
Return on Capital (%)
2.39
- -
4.01
4.75
6.28
5.18
4.41
3.53
5.42
5
4.06
4.87
4.37
5.24
Return on Common Equity (%)
2.49
4.57
6.06
8.16
10.8
8.7
6.99
5.42
8.99
7.76
5.75
6.96
6.21
7.85

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
554
514
786
LT Borrowings
34,116
35,928
36,047
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
64
64
64
Shares Outstanding
932
932
950
Market Capitalization
123,229
126,304
123,399

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
1,361
2,264
2,819
Cash, Cash Equivalents & STI
861
1,765
2,273
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2,235
3,044
3,577
Payables & Accruals
1,681
2,530
2,792
ST Debt
554
514
786
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.69%
11.41%
-1.47%
Free Cash Flow
17.15%
12.67%
1.96%
Net Income, GAAP
18.01%
22.99%
-10.81%
Sales/Revenue/Turnover
15.43%
15.29%
7.18%
Total Cash Common Dividend
17.17%
17.52%
5.45%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,957
2,008
2,036
2,201
8,202
2025
2,140
2,184
2,214
2,253
8,790
2026
2,298
2,425
2,388
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.63
0.93
1.08
1.38
4.02
2025
0.64
0.61
0.82
1.5
3.58
2026
1.05
1.14
0.86
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.96
0.96
0.96
0.96
3.86
2025
1.01
1.01
1.01
1.01
4.05
2026
1.07
1.07
1.08
- -
- -

Company Description

CEO
Daniel S. Letter
Full Time Employees
2,802
Sector
Finance
Industry
Real estate investment trusts
Address
Pier 1 San Francisco CA United States 94111
IPO Date
Nov 21, 1997
Business
Prologis, Inc. (NYSE: PLD) owns, manages, and develops logistics facilities, serving as the global leader in logistics real estate with an operating portfolio of over 1.2 billion square feet in 20 countries. The company provides a range of industrial properties and value-added services, including modern distribution centers, build-to-suit developments, and logistics platforms such as Prologis Essentials for energy management and Prologis Ventures for technology investments; it also offers Prologis 360, a suite of digital tools for supply chain optimization. Prologis targets e-commerce, retail, and third-party logistics customers, with primary operations across North America, Europe, Asia, and Latin America; founded in 1983 as Security Capital Industrial Trust and headquartered in San Francisco, California, it has no major parent company but maintains strategic joint ventures like those with Nippon Prologis REIT in Japan. In recent developments, Prologis completed the acquisition of Blackstone's industrial portfolio in 2024, significantly expanding its U.S. assets by approximately 150 million square feet. The company launched new sustainability initiatives, including the Prologis Solar Garden program with expanded solar installations exceeding 500 megawatts globally as of 2025. Additionally, Prologis announced a major partnership with AMB Property Corporation remnants through ongoing developments and secured a $3.1 billion green bond issuance in late 2024 to fund energy-efficient retrofits and new builds.

Company News

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