◆ TICKERBASE · US STOCK FINANCIAL DATA LIBRARY

Home › All stocks › PLD

Prologis Inc (PLD) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

REAL ESTATE · Industrial REITs · DATA UPDATED 2026-07-12

Prologis Inc (PLD) operates in the Industrial REITs industry and is headquartered in San Francisco, United States with about 2,802 employees. Its market capitalization is roughly $141 billion. In the fiscal year ended 2025-12-31, PLD reported $8.8B in revenue and $3.4B in net income.

Prologis, Inc. is a self-administered and self-managed REIT and is the sole general partner of Prologis, L.P. through which it holds substantially all of its assets. We operate Prologis, Inc. and Prologis, L.P. as one enterprise and, therefore, our discussion and analysis refer to Prologis, Inc.

Interactive charts & full statements → Open the PLD valuation workbench →

PLD Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$8.9B	$8.8B	$8.2B	$8.0B	$6.0B	$4.8B	$4.4B	$3.3B	$2.8B	$2.6B	$2.5B	$2.2B	$1.8B	$1.8B	$2.0B	$1.5B	$634M	$634M	$715M	$670M	$730M
Gross Profit	$3.9B	$5.2B	$6.1B	$6.0B	$4.5B	$3.5B	$3.3B	$2.4B	$2.0B	$1.9B	$1.8B	$1.5B	$1.2B	$1.2B	$1.4B	$1.0B	$600M	$435M	$514M	$497M	$615M
Gross Margin %	43.4%	59.6%	74.9%	74.9%	74.7%	73.8%	73.6%	72.4%	73.0%	72.3%	72.5%	70.3%	69.0%	69.1%	70.1%	66.4%	94.8%	68.7%	71.9%	74.2%	84.3%
Operating Income (EBIT)	$3.5B	$3.5B	$4.4B	$3.7B	$3.5B	$3.2B	$2.1B	$1.9B	$1.7B	$2.0B	$668M	$380M	$320M	$304M	$93M	$95M	($614M)	$135M	$204M	$197M	$248M
Operating Margin %	38.9%	40.2%	53.8%	46.2%	58.1%	67.4%	47.7%	55.5%	60.2%	74.6%	26.4%	17.3%	18.2%	17.4%	4.6%	6.2%	-96.9%	21.3%	28.6%	29.4%	34.0%
Net Income	$3.7B	$3.4B	$3.7B	$3.1B	$3.4B	$2.9B	$1.5B	$1.6B	$1.6B	$1.7B	$1.2B	$869M	$636M	$343M	($40M)	($153M)	$27M	($34M)	($50M)	$314M	$224M
Net Margin %	41.5%	38.8%	45.5%	38.1%	56.3%	61.8%	33.4%	47.2%	58.8%	63.1%	47.8%	39.6%	36.1%	19.6%	-2.0%	-10.0%	4.3%	-5.4%	-7.0%	46.9%	30.7%
EBITDA	$7.7B	$7.2B	$7.5B	$6.6B	$5.8B	$5.2B	$3.6B	$3.1B	$3.0B	$3.0B	$2.6B	$2.1B	$1.7B	$1.4B	$1.2B	$777M	($847M)	$310M	$369M	$361M	$435M
Earnings Per Share (EPS)	$3.88	$3.56	$3.91	$3.21	$4.03	$3.74	$1.91	$2.34	$2.79	$2.99	$2.21	$1.63	$1.26	$0.70	$-0.09	$-0.41	$0.17	$-0.26	$-0.51	$3.15	$2.46
Shares Outstanding (M)	958M	958M	954M	952M	835M	786M	775M	673M	590M	552M	547M	534M	506M	492M	462M	372M	162M	134M	97M	100M	91M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PLD Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$2.3B	$2.3B	$2.2B	$2.2B	$2.1B	$2.2B	$2.0B	$2.0B
Gross Profit	$233M	$1.0B	$1.0B	$1.6B	$1.6B	$1.7B	$1.5B	$1.5B
Gross Margin %	10.1%	44.6%	45.7%	74.7%	74.3%	76.4%	76.0%	74.3%
Operating Income (EBIT)	$827M	$852M	$893M	$913M	$878M	$1.4B	$1.3B	$1.0B
Operating Margin %	36.0%	37.8%	40.3%	41.8%	41.0%	64.6%	61.4%	51.0%
Net Income	$982M	$1.4B	$764M	$571M	$593M	$1.3B	$1.0B	$861M
Net Margin %	42.7%	62.1%	34.5%	26.2%	27.7%	58.1%	49.4%	42.9%
EBITDA	$2.1B	$2.3B	$1.8B	$1.6B	$1.6B	$2.3B	$1.9B	$1.8B
Earnings Per Share (EPS)	$1.03	$1.46	$0.80	$0.60	$0.62	$1.34	$1.05	$0.90
Shares Outstanding (M)	958M	958M	957M	956M	956M	954M	954M	953M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PLD Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$5.1B	$5.0B	$4.9B	$5.4B	$4.1B	$3.0B	$2.9B	$2.3B	$1.8B	$1.7B	$1.4B	$963M	$705M	$485M	$463M	$207M	$253M	$242M	$301M	$241M	$336M
Capital Expenditures (CapEx)	$11.1B	$4.9B	$5.9B	$692M	$5.6B	$5.0B	$1.2B	$792M	$916M	$111M	$102M	$83M	$79M	$83M	$81M	$1.1B	$273M	$402M	$1.2B	$1.4B	$1.5B
Free Cash Flow (FCF)	($5.9B)	$99M	($1.0B)	$4.7B	($1.5B)	($2.0B)	$1.7B	$1.5B	$888M	$1.6B	$1.3B	$880M	$626M	$402M	$383M	($874M)	($20M)	($160M)	($915M)	($1.1B)	($1.1B)
FCF Margin %	-66.3%	1.1%	-12.3%	58.3%	-24.8%	-41.3%	38.0%	44.2%	31.7%	60.2%	51.9%	40.1%	35.5%	23.0%	19.1%	-57.0%	-3.2%	-25.2%	-128.0%	-166.9%	-157.6%
Dividends Paid	$3.9B	$3.8B	$3.6B	$3.2B	$2.6B	$1.9B	$1.7B	$1.3B	$1.1B	$943M	$893M	$805M	$672M	$574M	$568M	$414M	$306M	$143M	$286M	$349M	$174M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PLD Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$1.3B	$1.2B	$1.4B	$1.2B	$1.2B	$1.3B	$1.4B	$1.1B
Capital Expenditures (CapEx)	$150M	$4.9B	$3.4B	$2.6B	$1.6B	$5.9B	$254M	$208M
Free Cash Flow (FCF)	$1.1B	($3.8B)	($2.0B)	($1.3B)	($429M)	($4.6B)	$1.2B	$879M
FCF Margin %	49.5%	-166.5%	-89.0%	-61.7%	-20.1%	-208.3%	58.0%	43.8%
Dividends Paid	$1.0B	$942M	$941M	$942M	$940M	$893M	$893M	$893M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PLD Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$98.1B	$98.7B	$95.3B	$93.0B	$87.9B	$58.5B	$56.1B	$40.0B	$38.4B	$29.5B	$30.2B	$31.4B	$25.8B	$24.6B	$27.3B	$27.7B	$7.4B	$6.8B	$7.3B	$7.3B	$6.7B
Cash & Cash Equivalents	$861M	$1.1B	$1.3B	$530M	$278M	$556M	$598M	$1.1B	$344M	$447M	$807M	$264M	$351M	$491M	$101M	$176M	$198M	$187M	$224M	$220M	$175M
Total Liabilities	$40.2B	$41.0B	$36.7B	$35.2B	$30.0B	$20.7B	$19.7B	$14.0B	$12.6B	$10.8B	$11.8B	$13.0B	$10.6B	$10.4B	$13.5B	$13.3B	$3.7B	$3.6B	$4.3B	$3.8B	$3.7B
Total Debt (Short + Long-Term)	$34.7B	$35.0B	$30.9B	$29.0B	$25.4B	$18.2B	$17.0B	$12.1B	$11.1B	$9.7B	$10.6B	$11.6B	$9.4B	$8.9B	$11.2B	$11.1B	$6.3B	$8.2B	$11.5B	$9.5B	$7.8B
Total Shareholders' Equity	$53.5B	$53.2B	$54.0B	$53.2B	$53.2B	$37.7B	$32.0B	$22.7B	$25.8B	$18.7B	$18.5B	$18.4B	$14.0B	$13.7B	$13.1B	$13.7B	$3.3B	$2.9B	$2.5B	$2.8B	$2.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive PLD viewer.

← PLCE All stocks PLGO →

About TickerBase · Data methodology & sources

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.