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Prologis

NYSE: PLD · USD

Prologis financials

6 charts

Revenue

USD millions

$2,425.452M
Prologis Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodRevenue
FY 2011 Q2Unavailable; Change unavailable vs FY 2011 Q1
FY 2011 Q3Unavailable; Change unavailable vs FY 2011 Q2
FY 2011 Q4Unavailable; Change unavailable vs FY 2011 Q3
FY 2012 Q1Unavailable; Change unavailable vs FY 2011 Q4
FY 2012 Q2Unavailable; Change unavailable vs FY 2012 Q1
FY 2012 Q3Unavailable; Change unavailable vs FY 2012 Q2
FY 2012 Q4Unavailable; Change unavailable vs FY 2012 Q3
FY 2013 Q1Unavailable; Change unavailable vs FY 2012 Q4
FY 2013 Q2Unavailable; Change unavailable vs FY 2013 Q1
FY 2013 Q3Unavailable; Change unavailable vs FY 2013 Q2
FY 2013 Q4Unavailable; Change unavailable vs FY 2013 Q3
FY 2014 Q1Unavailable; Change unavailable vs FY 2013 Q4
FY 2014 Q2Unavailable; Change unavailable vs FY 2014 Q1
FY 2014 Q3Unavailable; Change unavailable vs FY 2014 Q2
FY 2014 Q4Unavailable; Change unavailable vs FY 2014 Q3
FY 2015 Q1Unavailable; Change unavailable vs FY 2014 Q4
FY 2015 Q2Unavailable; Change unavailable vs FY 2015 Q1
FY 2015 Q3Unavailable; Change unavailable vs FY 2015 Q2
FY 2015 Q4Unavailable; Change unavailable vs FY 2015 Q3
FY 2016 Q1Unavailable; Change unavailable vs FY 2015 Q4
FY 2016 Q2Unavailable; Change unavailable vs FY 2016 Q1
FY 2016 Q3Unavailable; Change unavailable vs FY 2016 Q2
FY 2016 Q4Unavailable; Change unavailable vs FY 2016 Q3
FY 2017 Q1$629.155M; Change unavailable vs FY 2016 Q4
FY 2017 Q2$766.183M; +21.8% vs FY 2017 Q1
FY 2017 Q3$602.874M; −21.3% vs FY 2017 Q2
FY 2017 Q4$619.922M; +2.8% vs FY 2017 Q3
FY 2018 Q1$693.656M; +11.9% vs FY 2017 Q4
FY 2018 Q2$621.276M; −10.4% vs FY 2018 Q1
FY 2018 Q3$682.432M; +9.8% vs FY 2018 Q2
FY 2018 Q4$807.085M; +18.3% vs FY 2018 Q3
FY 2019 Q1$772.052M; −4.3% vs FY 2018 Q4
FY 2019 Q2$790.372M; +2.4% vs FY 2019 Q1
FY 2019 Q3$942.181M; +19.2% vs FY 2019 Q2
FY 2019 Q4$826.016M; −12.3% vs FY 2019 Q3
FY 2020 Q1$978.241M; +18.4% vs FY 2019 Q4
FY 2020 Q2$1,266.124M; +29.4% vs FY 2020 Q1
FY 2020 Q3$1,082.773M; −14.5% vs FY 2020 Q2
FY 2020 Q4$1,111.597M; +2.7% vs FY 2020 Q3
FY 2021 Q1$1,148.316M; +3.3% vs FY 2020 Q4
FY 2021 Q2$1,150.842M; +0.2% vs FY 2021 Q1
FY 2021 Q3$1,183.049M; +2.8% vs FY 2021 Q2
FY 2021 Q4$1,277.233M; +8.0% vs FY 2021 Q3
FY 2022 Q1$1,219.128M; −4.5% vs FY 2021 Q4
FY 2022 Q2$1,252.08M; +2.7% vs FY 2022 Q1
FY 2022 Q3$1,750.892M; +39.8% vs FY 2022 Q2
FY 2022 Q4$1,751.592M; 0.0% vs FY 2022 Q3
FY 2023 Q1$1,768.587M; +1.0% vs FY 2022 Q4
FY 2023 Q2$2,450.971M; +38.6% vs FY 2023 Q1
FY 2023 Q3$1,914.664M; −21.9% vs FY 2023 Q2
FY 2023 Q4$1,889.247M; −1.3% vs FY 2023 Q3
FY 2024 Q1$1,956.621M; +3.6% vs FY 2023 Q4
FY 2024 Q2$2,007.954M; +2.6% vs FY 2024 Q1
FY 2024 Q3$2,036.389M; +1.4% vs FY 2024 Q2
FY 2024 Q4$2,200.646M; +8.1% vs FY 2024 Q3
FY 2025 Q1$2,139.665M; −2.8% vs FY 2024 Q4
FY 2025 Q2$2,183.869M; +2.1% vs FY 2025 Q1
FY 2025 Q3$2,213.881M; +1.4% vs FY 2025 Q2
FY 2025 Q4$2,252.712M; +1.8% vs FY 2025 Q3
FY 2026 Q1$2,297.723M; +2.0% vs FY 2025 Q4
FY 2026 Q2$2,425.452M; +5.6% vs FY 2026 Q1
Jun 30, 2011 through Sep 25, 2026

Free cash flow

USD millions

—
The reported inputs required for this metric are unavailable in the extracted statements for this period.

Net margin

%

43.79%
Prologis Net margin. Reported fiscal history.
Fiscal period%
FY 2011 Q2—
FY 2011 Q3—
FY 2011 Q4—
FY 2012 Q1—
FY 2012 Q2—
FY 2012 Q3—
FY 2012 Q4—
FY 2013 Q1—
FY 2013 Q2—
FY 2013 Q3—
FY 2013 Q4—
FY 2014 Q1—
FY 2014 Q2—
FY 2014 Q3—
FY 2014 Q4—
FY 2015 Q1—
FY 2015 Q2—
FY 2015 Q3—
FY 2015 Q4—
FY 2016 Q1—
FY 2016 Q2—
FY 2016 Q3—
FY 2016 Q4—
FY 2017 Q132.57%
FY 2017 Q235.06%
FY 2017 Q3145.62%
FY 2017 Q454.66%
FY 2018 Q152.96%
FY 2018 Q254.1%
FY 2018 Q350.97%
FY 2018 Q485.55%
FY 2019 Q145.15%
FY 2019 Q248.75%
FY 2019 Q347.99%
FY 2019 Q451.6%
FY 2020 Q150.2%
FY 2020 Q232.08%
FY 2020 Q327.96%
FY 2020 Q427.71%
FY 2021 Q131.99%
FY 2021 Q252.15%
FY 2021 Q361.16%
FY 2021 Q4101.85%
FY 2022 Q194.39%
FY 2022 Q248.83%
FY 2022 Q358%
FY 2022 Q435.4%
FY 2023 Q126.27%
FY 2023 Q249.61%
FY 2023 Q339.05%
FY 2023 Q435.78%
FY 2024 Q129.94%
FY 2024 Q242.9%
FY 2024 Q349.39%
FY 2024 Q460.99%
FY 2025 Q127.71%
FY 2025 Q226.16%
FY 2025 Q334.52%
FY 2025 Q465.8%
FY 2026 Q142.74%
FY 2026 Q243.79%

P/E

× · TTM · Daily

30.33×
Prologis P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date× · TTM · DailyFinancials through
2013-03-28—2012-12-31
2013-04-30—2012-12-31
2013-05-31—2012-12-31
2013-06-28—2012-12-31
2013-07-31—2012-12-31
2013-08-30—2013-06-30
2013-09-30—2013-06-30
2013-10-31—2013-06-30
2013-11-29685.64×2013-09-30
2013-12-31667.92×2013-09-30
2014-01-31700.64×2013-09-30
2014-02-2865.41×2013-12-31
2014-03-3164.83×2013-12-31
2014-04-3064.52×2013-12-31
2014-05-30382.95×2014-03-31
2014-06-30379.07×2014-03-31
2014-07-31376.49×2014-03-31
2014-08-29164.08×2014-06-30
2014-09-30151.09×2014-06-30
2014-10-31166.92×2014-06-30
2014-11-2880.02×2014-09-30
2014-12-3181.44×2014-09-30
2015-01-3085.43×2014-09-30
2015-02-2735.2×2014-12-31
2015-03-3135.9×2014-12-31
2015-04-3033.13×2014-12-31
2015-05-2921.75×2015-03-31
2015-06-3020.39×2015-03-31
2015-07-3122.31×2015-03-31
2015-08-3119.57×2015-06-30
2015-09-3020.03×2015-06-30
2015-10-3022.01×2015-06-30
2015-11-3019.73×2015-09-30
2015-12-3119.81×2015-09-30
2016-01-2918.21×2015-09-30
2016-02-2924.17×2015-12-31
2016-03-3127.77×2015-12-31
2016-04-2928.54×2015-12-31
2016-05-3135.6×2016-03-31
2016-06-3036.74×2016-03-31
2016-07-2940.82×2016-03-31
2016-08-3133.65×2016-06-30
2016-09-3033.92×2016-06-30
2016-10-3133.05×2016-06-30
2016-11-3031.61×2016-09-30
2016-12-3032.79×2016-09-30
2017-01-3130.34×2016-09-30
2017-02-2831.71×2016-09-30
2017-03-3132.22×2016-09-30
2017-04-2833.79×2016-09-30
2017-05-3134.49×2016-09-30
2017-06-3036.42×2016-09-30
2017-07-3137.77×2016-09-30
2017-08-3139.35×2016-09-30
2017-09-2939.41×2016-09-30
2017-10-3140.11×2016-09-30
2017-11-3041.13×2016-09-30
2017-12-2940.07×2016-09-30
2018-01-3140.44×2016-09-30
2018-02-2837.69×2016-09-30
2018-03-2939.12×2016-09-30
2018-04-3040.31×2016-09-30
2018-05-3139.97×2016-09-30
2018-06-2940.8×2016-09-30
2018-07-3140.76×2016-09-30
2018-08-3141.72×2016-09-30
2018-09-2842.1×2016-09-30
2018-10-3140.04×2016-09-30
2018-11-3041.82×2016-09-30
2018-12-3136.47×2016-09-30
2019-01-3142.95×2016-09-30
2019-02-2827.9×2018-12-31
2019-03-2928.65×2018-12-31
2019-04-3030.53×2018-12-31
2019-05-3129.34×2018-12-31
2019-06-2831.9×2018-12-31
2019-07-3131.57×2019-06-30
2019-08-3032.75×2019-06-30
2019-09-3033.37×2019-06-30
2019-10-3132.34×2019-09-30
2019-11-2933.74×2019-09-30
2019-12-3132.85×2019-09-30
2020-01-3134.23×2019-09-30
2020-02-2835.24×2019-12-31
2020-03-3133.6×2019-12-31
2020-04-3037.31×2019-12-31
2020-05-2938.75×2020-03-31
2020-06-3039.53×2020-03-31
2020-07-3146.66×2020-06-30
2020-08-3145.09×2020-06-30
2020-09-3044.54×2020-06-30
2020-10-3048.06×2020-09-30
2020-11-3048.48×2020-09-30
2020-12-3148.29×2020-09-30
2021-01-2950×2020-09-30
2021-02-2651.43×2020-12-31
2021-03-3155.02×2020-12-31
2021-04-3066.05×2021-03-31
2021-05-2866.8×2021-03-31
2021-06-3067.75×2021-03-31
2021-07-3063.43×2021-06-30
2021-08-3166.71×2021-06-30
2021-09-3062.13×2021-06-30
2021-10-2956.38×2021-09-30
2021-11-3058.63×2021-09-30
2021-12-3165.48×2021-09-30
2022-01-3160.99×2021-09-30
2022-02-2838.04×2021-12-31
2022-03-3142.12×2021-12-31
2022-04-2933.01×2022-03-31
2022-05-3126.25×2022-03-31
2022-06-3024.23×2022-03-31
2022-07-2927.3×2022-03-31
2022-08-3125.58×2022-06-30
2022-09-3020.88×2022-06-30
2022-10-3121.11×2022-09-30
2022-11-3022.45×2022-09-30
2022-12-3021.49×2022-09-30
2023-01-3124.64×2022-09-30
2023-02-2834.79×2022-12-31
2023-03-3135.17×2022-12-31
2023-04-2835.31×2022-12-31
2023-05-3144.35×2023-03-31
2023-06-3043.66×2023-03-31
2023-07-3136.23×2023-06-30
2023-08-3136.07×2023-06-30
2023-09-2932.58×2023-06-30
2023-10-3131.87×2023-09-30
2023-11-3036.35×2023-09-30
2023-12-2942.16×2023-09-30
2024-01-3140.07×2023-09-30
2024-02-2941.56×2023-12-31
2024-03-2840.61×2023-12-31
2024-04-3030.67×2024-03-31
2024-05-3133.2×2024-03-31
2024-06-2833.75×2024-03-31
2024-07-3142.61×2024-06-30
2024-08-3043.21×2024-06-30
2024-09-3042.69×2024-06-30
2024-10-3135×2024-09-30
2024-11-2936.19×2024-09-30
2024-12-3132.76×2024-09-30
2025-01-3136.96×2024-09-30
2025-02-2831.72×2024-12-31
2025-03-3128.62×2024-12-31
2025-04-3026.18×2025-03-31
2025-05-3027.81×2025-03-31
2025-06-3026.92×2025-03-31
2025-07-3129.65×2025-06-30
2025-08-2931.59×2025-06-30
2025-09-3031.8×2025-06-30
2025-10-3137.08×2025-09-30
2025-11-2838.4×2025-09-30
2025-12-3138.14×2025-09-30
2026-01-3039.01×2025-09-30
2026-02-2741.19×2025-12-31
2026-03-3138.19×2025-12-31
2026-04-3041.03×2025-12-31
2026-05-2937.02×2026-03-31
2026-06-3034.95×2026-03-31
2026-07-3132.96×2026-06-30
2026-08-3131.89×2026-06-30
2026-09-2530.33×2026-06-30
Mean 62.67×Median 37.05×18% below median

ROIC

% · Annual / TTM

—
Prologis ROIC. Reported fiscal history.
Fiscal period% · Annual / TTM
FY 2011 Q2—
FY 2011 Q3—
FY 2011 Q4—
FY 2012 Q1—
FY 2012 Q21.22%
FY 2012 Q3—
FY 2012 Q4—
FY 2013 Q10.05%
FY 2013 Q2—
FY 2013 Q3—
FY 2013 Q40.86%
FY 2014 Q1—
FY 2014 Q21.12%
FY 2014 Q3—
FY 2014 Q41.31%
FY 2015 Q11.37%
FY 2015 Q21.19%
FY 2015 Q31.26%
FY 2015 Q41.37%
FY 2016 Q11.51%
FY 2016 Q21.56%
FY 2016 Q31.99%
FY 2016 Q42.21%
FY 2017 Q12.33%
FY 2017 Q22.76%
FY 2017 Q32.65%
FY 2017 Q42.67%
FY 2018 Q12.93%
FY 2018 Q22.61%
FY 2018 Q32.3%
FY 2018 Q42.55%
FY 2019 Q12.98%
FY 2019 Q23.73%
FY 2019 Q34.06%
FY 2019 Q44.83%
FY 2020 Q14.21%
FY 2020 Q24.52%
FY 2020 Q34.67%
FY 2020 Q44.38%
FY 2021 Q13.88%
FY 2021 Q24.03%
FY 2021 Q34.36%
FY 2021 Q45.65%
FY 2022 Q16.93%
FY 2022 Q26.5%
FY 2022 Q36.74%
FY 2022 Q44.9%
FY 2023 Q13.95%
FY 2023 Q24.99%
FY 2023 Q34.92%
FY 2023 Q44.15%
FY 2024 Q14.29%
FY 2024 Q23.78%
FY 2024 Q34.22%
FY 2024 Q44.86%
FY 2025 Q14.96%
FY 2025 Q24.8%
FY 2025 Q34.34%
FY 2025 Q44.58%
FY 2026 Q14.91%
FY 2026 Q2—

Capital allocation

% of tracked cash uses

$1,001.661M
Prologis capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2011 Q2UnavailableUnavailableUnavailable6.87% · $64.987M93.13% · $880.764M100% · $945.751M
FY 2011 Q3UnavailableUnavailableUnavailable75.78% · $128.73M24.22% · $41.149M100% · $169.879M
FY 2011 Q4UnavailableUnavailableUnavailableUnavailable100% · $37.202M100% · $37.202M
FY 2012 Q1UnavailableUnavailableUnavailable12.25% · $129.512M87.75% · $927.869M100% · $1,057.381M
FY 2012 Q2UnavailableUnavailableUnavailable19.55% · $130.98M80.45% · $538.949M100% · $669.929M
FY 2012 Q3UnavailableUnavailableUnavailable100% · $128.667MUnavailable100% · $128.667M
FY 2012 Q4Unavailable22.84% · $47.828MUnavailable62.59% · $131.094M14.57% · $30.512M100% · $209.434M
FY 2013 Q1UnavailableUnavailableUnavailable60.21% · $140.528M39.79% · $92.873M100% · $233.401M
FY 2013 Q2UnavailableUnavailableUnavailable12.98% · $147.662M87.02% · $990.202M100% · $1,137.864M
FY 2013 Q3UnavailableUnavailableUnavailable39.4% · $142.898M60.6% · $219.801M100% · $362.699M
FY 2013 Q4Unavailable20.01% · $216.819MUnavailable13.18% · $142.766M66.81% · $723.884M100% · $1,083.469M
FY 2014 Q1UnavailableUnavailableUnavailable100% · $168.241MUnavailable100% · $168.241M
FY 2014 Q2UnavailableUnavailableUnavailable100% · $168.004MUnavailable100% · $168.004M
FY 2014 Q3UnavailableUnavailableUnavailable100% · $166.014MUnavailable100% · $166.014M
FY 2014 Q4UnavailableUnavailableUnavailable100% · $169.931MUnavailable100% · $169.931M
FY 2015 Q1UnavailableUnavailableUnavailable99.9% · $190.585M0.1% · $0.2M100% · $190.785M
FY 2015 Q2UnavailableUnavailableUnavailable100% · $190.604MUnavailable100% · $190.604M
FY 2015 Q3UnavailableUnavailableUnavailable100% · $211.606MUnavailable100% · $211.606M
FY 2015 Q4UnavailableUnavailableUnavailable100% · $211.902MUnavailable100% · $211.902M
FY 2016 Q1UnavailableUnavailableUnavailable100% · $222.559MUnavailable100% · $222.559M
FY 2016 Q2UnavailableUnavailableUnavailable100% · $222.784MUnavailable100% · $222.784M
FY 2016 Q3UnavailableUnavailableUnavailable100% · $224.041MUnavailable100% · $224.041M
FY 2016 Q4UnavailableUnavailableUnavailable100% · $224.071MUnavailable100% · $224.071M
FY 2017 Q1UnavailableUnavailableUnavailable100% · $235.072MUnavailable100% · $235.072M
FY 2017 Q2UnavailableUnavailableUnavailable100% · $235.72MUnavailable100% · $235.72M
FY 2017 Q3UnavailableUnavailableUnavailable100% · $236.468MUnavailable100% · $236.468M
FY 2017 Q4Unavailable0% · $0MUnavailable100% · $235.624MUnavailable100% · $235.624M
FY 2018 Q1UnavailableUnavailableUnavailable100% · $257.687MUnavailable100% · $257.687M
FY 2018 Q2UnavailableUnavailableUnavailable100% · $257.558MUnavailable100% · $257.558M
FY 2018 Q3UnavailableUnavailableUnavailable100% · $304.331MUnavailable100% · $304.331M
FY 2018 Q4UnavailableUnavailableUnavailable100% · $303.791MUnavailable100% · $303.791M
FY 2019 Q1UnavailableUnavailableUnavailable100% · $336.094MUnavailable100% · $336.094M
FY 2019 Q2UnavailableUnavailableUnavailable100% · $336.269MUnavailable100% · $336.269M
FY 2019 Q3UnavailableUnavailableUnavailable100% · $336.599MUnavailable100% · $336.599M
FY 2019 Q4Unavailable0% · $0MUnavailable100% · $336.698MUnavailable100% · $336.698M
FY 2020 Q1UnavailableUnavailableUnavailable100% · $430.766MUnavailable100% · $430.766M
FY 2020 Q2UnavailableUnavailableUnavailable100% · $430.971MUnavailable100% · $430.971M
FY 2020 Q3UnavailableUnavailableUnavailable100% · $430.589M0% · $0M100% · $430.589M
FY 2020 Q4UnavailableUnavailableUnavailable100% · $430.663M0% · $0M100% · $430.663M
FY 2021 Q1UnavailableUnavailableUnavailable100% · $468MUnavailable100% · $468M
FY 2021 Q2UnavailableUnavailableUnavailable100% · $468.181MUnavailable100% · $468.181M
FY 2021 Q3UnavailableUnavailableUnavailable100% · $468.179MUnavailable100% · $468.179M
FY 2021 Q4UnavailableUnavailableUnavailable100% · $468.501MUnavailable100% · $468.501M
FY 2022 Q1Unavailable0% · $0MUnavailable100% · $587.382MUnavailable100% · $587.382M
FY 2022 Q2Unavailable0% · $0MUnavailable100% · $587.732MUnavailable100% · $587.732M
FY 2022 Q3Unavailable0% · $0MUnavailable100% · $587.645MUnavailable100% · $587.645M
FY 2022 Q4Unavailable11.17% · $92.052MUnavailable88.83% · $731.964MUnavailable100% · $824.016M
FY 2023 Q1Unavailable0.47% · $3.828MUnavailable99.53% · $806.505MUnavailable100% · $810.333M
FY 2023 Q2Unavailable2.22% · $18.304MUnavailable97.78% · $807.23MUnavailable100% · $825.534M
FY 2023 Q3Unavailable0.74% · $5.979MUnavailable99.26% · $806.287MUnavailable100% · $812.266M
FY 2023 Q4Unavailable0.6% · $4.898MUnavailable99.4% · $808.567MUnavailable100% · $813.465M
FY 2024 Q1UnavailableUnavailableUnavailable100% · $891.806MUnavailable100% · $891.806M
FY 2024 Q2UnavailableUnavailableUnavailable100% · $892.809MUnavailable100% · $892.809M
FY 2024 Q3Unavailable0% · $0MUnavailable100% · $892.862MUnavailable100% · $892.862M
FY 2024 Q4Unavailable0% · $0MUnavailable100% · $893.003MUnavailable100% · $893.003M
FY 2025 Q1UnavailableUnavailableUnavailable100% · $939.92MUnavailable100% · $939.92M
FY 2025 Q2UnavailableUnavailableUnavailable100% · $941.588MUnavailable100% · $941.588M
FY 2025 Q3UnavailableUnavailableUnavailable100% · $941.264MUnavailable100% · $941.264M
FY 2025 Q4UnavailableUnavailableUnavailable100% · $941.973MUnavailable100% · $941.973M
FY 2026 Q1UnavailableUnavailableUnavailable100% · $1,000.577MUnavailable100% · $1,000.577M
FY 2026 Q2UnavailableUnavailableUnavailable100% · $1,001.661MUnavailable100% · $1,001.661M

Tracked cash uses · SBC excluded

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Prologis.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue
Reported revenue from company filings.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin
Reported net income / revenue × 100.
P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation
Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.
Reported revenue and sources