Symbols / PLD $134.96 -0.88%
PLD Chart
About
Prologis, Inc. don't just lead the industry, they define it. Prologis create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, their ecosystems help businesses move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of onenot just shaping the future of logistics but building what comes next. Afterall, the world runs on logistics.
Fundamentals
Scroll to Statements| Sector | Real Estate | Industry | REIT - Industrial | Market Cap | 125.45B |
| Enterprise Value | 165.73B | Income | 3.32B | Sales | 9.19B |
| Book/sh | 57.18 | Cash/sh | 1.23 | Dividend Yield | 3.14% |
| Payout | 113.48% | Employees | 2802 | IPO | — |
| P/E | 38.02 | Forward P/E | 40.32 | PEG | — |
| P/S | 13.65 | P/B | 2.36 | P/C | — |
| EV/EBITDA | 25.72 | EV/Sales | 18.03 | Quick Ratio | 0.46 |
| Current Ratio | 0.60 | Debt/Eq | 61.78 | LT Debt/Eq | — |
| EPS (ttm) | 3.55 | EPS next Y | 3.35 | EPS Growth | 6.30% |
| Revenue Growth | 4.00% | Earnings | 2026-04-16 | ROA | 2.46% |
| ROE | 6.13% | ROIC | — | Gross Margin | 75.69% |
| Oper. Margin | 41.33% | Profit Margin | 36.21% | Shs Outstand | 929.56M |
| Shs Float | 925.93M | Short Float | 1.73% | Short Ratio | 3.74 |
| Short Interest | — | 52W High | 143.95 | 52W Low | 85.35 |
| Beta | 1.42 | Avg Volume | 3.47M | Volume | 173.32K |
| Target Price | $141.80 | Recom | Buy | Prev Close | $136.16 |
| Price | $134.96 | Change | -0.88% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$141.80
Mean price target
2. Current target
$134.96
Latest analyst target
3. DCF / Fair value
$92.36
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$134.96
Low
$121.00
High
$157.00
Mean
$141.80
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-02 | main | RBC Capital | Sector Perform → Sector Perform | $135 |
| 2026-01-26 | main | Truist Securities | Buy → Buy | $139 |
| 2026-01-26 | main | Mizuho | Outperform → Outperform | $143 |
| 2026-01-23 | down | Freedom Capital Markets | Buy → Hold | $138 |
| 2026-01-22 | main | Evercore ISI Group | In-Line → In-Line | $121 |
| 2026-01-22 | main | UBS | Buy → Buy | $148 |
| 2026-01-22 | main | Argus Research | Buy → Buy | $135 |
| 2026-01-20 | main | Truist Securities | Buy → Buy | $142 |
| 2026-01-14 | up | Scotiabank | Sector Perform → Sector Outperform | $146 |
| 2026-01-08 | main | UBS | Buy → Buy | $144 |
| 2026-01-08 | down | Baird | Outperform → Neutral | $130 |
| 2025-12-31 | main | BTIG | Buy → Buy | $155 |
| 2025-12-04 | main | Mizuho | Outperform → Outperform | $138 |
| 2025-11-10 | main | Scotiabank | Sector Perform → Sector Perform | $133 |
| 2025-10-27 | main | Wells Fargo | Overweight → Overweight | $139 |
| 2025-10-20 | reit | Truist Securities | Buy → Buy | $131 |
| 2025-10-20 | up | BMO Capital | Underperform → Market Perform | $119 |
| 2025-10-16 | main | Evercore ISI Group | In-Line → In-Line | $116 |
| 2025-09-16 | up | B of A Securities | Neutral → Buy | $130 |
| 2025-09-15 | main | Evercore ISI Group | In-Line → In-Line | $113 |
News
RSS: Latest PLD news- Prologis, Inc. $PLD Stock Position Lifted by Capital International Inc. CA - MarketBeat Wed, 11 Mar 2026 08
- Prologis (PLD) Stock Slides as Market Rises: Facts to Know Before You Trade - Yahoo Finance Wed, 04 Mar 2026 23
- Prologis Stock: Is PLD Outperforming the Real Estate Sector? - Barchart.com Mon, 09 Mar 2026 14
- Assessing Prologis (PLD) Valuation After Recent Share Price Pullback And Premium P/E Multiple - simplywall.st Sat, 07 Mar 2026 19
- Capital International Investors Has $829.97 Million Stock Position in Prologis, Inc. $PLD - MarketBeat Wed, 11 Mar 2026 08
- Is Prologis (PLD) Pricing Look Stretched After Recent Share Price Swings - Yahoo Finance Sun, 08 Mar 2026 09
- Analysts’ Opinions Are Mixed on These Real Estate Stocks: Uniti Group (UNIT) and Prologis (PLD) - The Globe and Mail ue, 10 Mar 2026 10
- Franklin Resources Inc. Sells 731,891 Shares of Prologis, Inc. $PLD - MarketBeat Wed, 11 Mar 2026 10
- Why Is Prologis (PLD) Up 9.8% Since Last Earnings Report? - Yahoo Finance Fri, 20 Feb 2026 08
- Richard Bernstein Advisors LLC Sells 12,363 Shares of Prologis, Inc. $PLD - MarketBeat Wed, 11 Mar 2026 10
- Barrow Hanley Mewhinney & Strauss LLC Buys 375,029 Shares of Prologis, Inc. $PLD - MarketBeat Wed, 11 Mar 2026 07
- Prologis (NYSE:PLD) Shares Unloaded Rep. David Taylor - MarketBeat ue, 10 Mar 2026 06
- Prologis, Inc. $PLD Shares Sold by Legal & General Group Plc - MarketBeat ue, 10 Mar 2026 11
- Prologis, Inc. $PLD Shares Bought by Vestcor Inc - MarketBeat Mon, 09 Mar 2026 12
- Prologis, Inc. $PLD Shares Purchased by Natixis Advisors LLC - MarketBeat Mon, 09 Mar 2026 10
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 1824 | — | — | Stock Gift at price 0.00 per share. | FOTIADES GEORGE L | Director | — | 2025-12-09 00:00:00 | D |
| 1 | 621 | 79240.0 | — | Sale at price 127.60 per share. | BITA CRISTINA GABRIELA | Director | — | 2025-12-01 00:00:00 | D |
| 2 | 500 | 61570.0 | — | Sale at price 123.14 per share. | BITA CRISTINA GABRIELA | Director | — | 2025-11-03 00:00:00 | D |
| 3 | 80000 | 10126544.0 | — | Sale at price 126.58 per share. | CONNOR JAMES B | Director | — | 2025-10-24 00:00:00 | D |
| 4 | 500 | 57845.0 | — | Sale at price 115.69 per share. | BITA CRISTINA GABRIELA | Director | — | 2025-10-01 00:00:00 | D |
| 5 | 1000 | 111000.0 | — | Sale at price 111.00 per share. | BITA CRISTINA GABRIELA | Director | — | 2025-09-03 00:00:00 | D |
| 6 | 25000 | 2783215.0 | — | Sale at price 111.33 per share. | PALAZZOLO LORI A | Officer | — | 2025-08-26 00:00:00 | D |
| 7 | 25000 | 2769000.0 | — | Conversion of Exercise of derivative security at price 110.76 per share. | PALAZZOLO LORI A | Officer | — | 2025-08-19 00:00:00 | D |
| 8 | 25000 | — | — | Stock Award(Grant) at price 0.00 per share. | PALAZZOLO LORI A | Officer | — | 2025-08-19 00:00:00 | D |
| 9 | 1824 | nan | — | — | FOTIADES GEORGE L | Director | — | 2025-05-30 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 51.68M | 61.96M | 43.48M | 51.68M |
| TaxRateForCalcs | 0.05 | 0.04 | 0.06 | 0.04 |
| NormalizedEBITDA | 6.41B | 6.01B | 5.85B | 4.39B |
| TotalUnusualItems | 954.83M | 1.53B | 713.80M | 1.41B |
| TotalUnusualItemsExcludingGoodwill | 954.83M | 1.53B | 713.80M | 1.41B |
| NetIncomeFromContinuingOperationNetMinorityInterest | 3.33B | 3.73B | 3.06B | 3.36B |
| ReconciledDepreciation | 2.63B | 2.58B | 2.48B | 1.81B |
| ReconciledCostOfRevenue | 2.23B | 2.06B | 2.01B | 1.51B |
| EBITDA | 7.37B | 7.53B | 6.57B | 5.80B |
| EBIT | 4.74B | 4.95B | 4.08B | 3.98B |
| NetInterestIncome | -1.00B | -863.93M | -641.33M | -309.04M |
| InterestExpense | 972.26M | 837.30M | 618.72M | 291.90M |
| InterestIncome | 871.00K | |||
| NormalizedIncome | 2.43B | 2.27B | 2.39B | 2.01B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 3.33B | 3.73B | 3.06B | 3.36B |
| TotalExpenses | 5.38B | 5.10B | 4.94B | 3.69B |
| TotalOperatingIncomeAsReported | 4.36B | 4.42B | 3.71B | 3.47B |
| DilutedAverageShares | 956.83M | 953.59M | 951.79M | 811.61M |
| BasicAverageShares | 928.47M | 926.17M | 924.35M | 785.67M |
| DilutedEPS | 3.56 | 4.01 | 3.29 | 4.25 |
| BasicEPS | 3.58 | 4.02 | 3.30 | 4.28 |
| DilutedNIAvailtoComStockholders | 3.40B | 3.82B | 3.13B | 3.45B |
| AverageDilutionEarnings | 81.77M | 94.05M | 77.81M | 92.24M |
| NetIncomeCommonStockholders | 3.32B | 3.73B | 3.05B | 3.36B |
| OtherunderPreferredStockDividend | 0.00 | 0.00 | ||
| PreferredStockDividends | 5.88M | 5.88M | 5.84M | 6.06M |
| NetIncome | 3.33B | 3.73B | 3.06B | 3.36B |
| MinorityInterests | -237.07M | -216.30M | -193.93M | -190.54M |
| NetIncomeIncludingNoncontrollingInterests | 3.57B | 3.95B | 3.25B | 3.56B |
| NetIncomeContinuousOperations | 3.57B | 3.95B | 3.25B | 3.56B |
| TaxProvision | 204.02M | 166.94M | 211.04M | 135.41M |
| PretaxIncome | 3.77B | 4.11B | 3.46B | 3.69B |
| OtherIncomeExpense | 1.36B | 1.88B | 1.02B | 1.72B |
| SpecialIncomeCharges | -3.50M | 536.00K | 3.27M | -20.18M |
| OtherSpecialCharges | 3.50M | -536.00K | -3.27M | 20.18M |
| EarningsFromEquityInterest | 402.53M | 353.62M | 307.23M | 310.87M |
| GainOnSaleOfSecurity | 958.33M | 1.53B | 710.53M | 1.43B |
| NetNonOperatingInterestIncomeExpense | -1.00B | -863.93M | -641.33M | -309.04M |
| TotalOtherFinanceCost | 30.09M | 26.64M | 22.61M | 17.13M |
| InterestExpenseNonOperating | 972.26M | 837.30M | 618.72M | 291.90M |
| InterestIncomeNonOperating | 871.00K | |||
| OperatingIncome | 3.41B | 3.10B | 3.08B | 2.28B |
| OperatingExpense | 3.14B | 3.05B | 2.93B | 2.18B |
| OtherOperatingExpenses | 46.03M | 47.04M | 53.35M | 40.34M |
| DepreciationAmortizationDepletionIncomeStatement | 2.63B | 2.58B | 2.48B | 1.81B |
| DepreciationAndAmortizationInIncomeStatement | 2.63B | 2.58B | 2.48B | 1.81B |
| SellingGeneralAndAdministration | 469.11M | 418.76M | 390.41M | 331.08M |
| GeneralAndAdministrativeExpense | 469.11M | 418.76M | 390.41M | 331.08M |
| OtherGandA | 469.11M | 418.76M | 390.41M | 331.08M |
| GrossProfit | 6.56B | 6.14B | 6.01B | 4.46B |
| CostOfRevenue | 2.23B | 2.06B | 2.01B | 1.51B |
| TotalRevenue | 8.79B | 8.20B | 8.02B | 5.97B |
| OperatingRevenue | 8.79B | 8.20B | 8.02B | 5.97B |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| PreferredSharesNumber | 1.28M | 1.28M | 1.28M | 1.28M |
| OrdinarySharesNumber | 929.15M | 926.28M | 924.39M | 923.14M |
| ShareIssued | 929.15M | 926.28M | 924.39M | 923.14M |
| NetDebt | 33.89B | 29.56B | 28.47B | 23.60B |
| TotalDebt | 35.68B | 31.49B | 29.60B | 24.51B |
| TangibleBookValue | 52.54B | 53.12B | 52.11B | 51.99B |
| InvestedCapital | 88.17B | 84.77B | 82.12B | 77.05B |
| WorkingCapital | -245.15M | -219.42M | -1.49B | -2.01B |
| NetTangibleAssets | 52.60B | 53.19B | 52.17B | 52.05B |
| CapitalLeaseObligations | 643.46M | 615.30M | 597.56M | 638.81M |
| CommonStockEquity | 53.13B | 53.89B | 53.12B | 53.17B |
| PreferredStockEquity | 63.95M | 63.95M | 63.95M | 63.95M |
| TotalCapitalization | 88.19B | 84.61B | 81.20B | 75.57B |
| TotalEquityGrossMinorityInterest | 57.75B | 58.62B | 57.82B | 57.86B |
| MinorityInterest | 4.56B | 4.67B | 4.64B | 4.63B |
| StockholdersEquity | 53.19B | 53.95B | 53.18B | 53.24B |
| GainsLossesNotAffectingRetainedEarnings | -676.28M | -120.22M | -514.20M | -443.61M |
| OtherEquityAdjustments | -676.28M | -120.22M | -514.20M | -443.61M |
| RetainedEarnings | -902.43M | -465.91M | -627.07M | -457.69M |
| AdditionalPaidInCapital | 54.70B | 54.46B | 54.25B | 54.07B |
| CapitalStock | 73.24M | 73.21M | 73.19M | 73.18M |
| CommonStock | 9.29M | 9.26M | 9.24M | 9.23M |
| PreferredStock | 63.95M | 63.95M | 63.95M | 63.95M |
| TotalLiabilitiesNetMinorityInterest | 40.97B | 36.71B | 35.20B | 30.03B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 38.29B | 34.07B | 31.91B | 26.33B |
| OtherNonCurrentLiabilities | 2.61B | 2.80B | 3.20B | 3.35B |
| DerivativeProductLiabilities | 40.49M | 638.00K | 94.16M | 6.68M |
| LongTermDebtAndCapitalLeaseObligation | 35.64B | 31.27B | 28.62B | 22.98B |
| LongTermCapitalLeaseObligation | 643.46M | 615.30M | 597.56M | 638.81M |
| LongTermDebt | 34.99B | 30.65B | 28.02B | 22.34B |
| CurrentLiabilities | 2.68B | 2.64B | 3.29B | 3.70B |
| OtherCurrentLiabilities | 689.00K | 1.95M | 14.18M | 4.54M |
| CurrentDeferredLiabilities | 500.12M | 475.29M | 377.06M | 329.78M |
| CurrentDeferredRevenue | 500.12M | 475.29M | 377.06M | 329.78M |
| CurrentDebtAndCapitalLeaseObligation | 44.68M | 224.97M | 979.31M | 1.54B |
| CurrentDebt | 44.68M | 224.97M | 979.31M | 1.54B |
| LineOfCredit | 44.68M | 224.97M | 979.31M | 1.54B |
| PayablesAndAccruedExpenses | 2.14B | 1.94B | 1.92B | 1.83B |
| Payables | 2.14B | 1.94B | 1.92B | 1.83B |
| TotalTaxPayable | 171.92M | 170.76M | 152.49M | 114.92M |
| IncomeTaxPayable | 156.02M | 141.13M | 118.68M | 99.76M |
| AccountsPayable | 1.96B | 1.77B | 1.77B | 1.71B |
| TotalAssets | 98.72B | 95.33B | 93.02B | 87.90B |
| TotalNonCurrentAssets | 96.29B | 92.91B | 91.23B | 86.21B |
| OtherNonCurrentAssets | 3.22B | 2.51B | 1.96B | 1.65B |
| NonCurrentDeferredAssets | 7.69M | 3.26M | 1.23M | 5.73M |
| NonCurrentDeferredTaxesAssets | 7.69M | 3.26M | 1.23M | 5.73M |
| FinancialAssets | 80.77M | 137.43M | 87.32M | 227.24M |
| InvestmentsAndAdvances | 11.09B | 10.08B | 9.54B | 9.70B |
| LongTermEquityInvestment | 11.09B | 10.08B | 9.54B | 9.70B |
| InvestmentProperties | 80.40B | 78.49B | 77.74B | 72.59B |
| GoodwillAndOtherIntangibleAssets | 588.43M | 764.55M | 1.01B | 1.18B |
| OtherIntangibleAssets | 588.43M | 764.55M | 1.01B | 1.18B |
| NetPPE | 893.37M | 920.13M | 891.74M | 855.33M |
| GrossPPE | 893.37M | 920.13M | 891.74M | 855.33M |
| OtherProperties | 893.37M | 920.13M | 891.74M | 855.33M |
| CurrentAssets | 2.44B | 2.42B | 1.79B | 1.69B |
| AssetsHeldForSaleCurrent | 203.34M | 248.51M | 461.66M | 531.26M |
| PrepaidAssets | 248.41M | 231.30M | 248.60M | 239.48M |
| Receivables | 838.50M | 624.48M | 554.34M | 637.85M |
| TaxesReceivable | 179.91M | 142.42M | 155.91M | 143.32M |
| NotesReceivable | 57.24M | 74.59M | 72.73M | 116.54M |
| AccountsReceivable | 601.34M | 407.46M | 325.70M | 378.00M |
| CashCashEquivalentsAndShortTermInvestments | 1.15B | 1.32B | 530.39M | 278.48M |
| CashAndCashEquivalents | 1.15B | 1.32B | 530.39M | 278.48M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 5.01B | 4.91B | 5.37B | 4.13B |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | ||
| RepaymentOfDebt | -905.78M | -1.65B | -839.28M | -1.38B |
| IssuanceOfDebt | 3.46B | 4.51B | 5.76B | 4.41B |
| IssuanceOfCapitalStock | 0.00 | 0.00 | 743.00K | |
| EndCashPosition | 1.15B | 1.32B | 530.39M | 278.48M |
| BeginningCashPosition | 1.32B | 530.39M | 278.48M | 556.12M |
| EffectOfExchangeRateChanges | 12.69M | -24.99M | -22.04M | -20.80M |
| ChangesInCash | -185.63M | 813.20M | 273.94M | -256.84M |
| FinancingCashFlow | -1.56B | -999.96M | 1.32B | 115.79M |
| CashFlowFromContinuingFinancingActivities | -1.56B | -999.96M | 1.32B | 115.79M |
| NetOtherFinancingCharges | -354.00M | -285.75M | -366.95M | -419.14M |
| CashDividendsPaid | -3.76B | -3.57B | -3.23B | -2.49B |
| NetPreferredStockIssuance | 0.00 | 0.00 | ||
| PreferredStockPayments | 0.00 | 0.00 | ||
| NetCommonStockIssuance | 0.00 | 0.00 | 743.00K | |
| CommonStockPayments | 0.00 | 0.00 | ||
| CommonStockIssuance | 0.00 | 0.00 | 743.00K | |
| NetIssuancePaymentsOfDebt | 2.56B | 2.86B | 4.92B | 3.03B |
| NetShortTermDebtIssuance | 323.34M | |||
| NetLongTermDebtIssuance | 2.56B | 2.86B | 4.92B | 3.03B |
| LongTermDebtPayments | -905.78M | -1.65B | -839.28M | -1.38B |
| LongTermDebtIssuance | 3.46B | 4.51B | 5.76B | 4.41B |
| InvestingCashFlow | -3.63B | -3.10B | -6.42B | -4.50B |
| CashFlowFromContinuingInvestingActivities | -3.63B | -3.10B | -6.42B | -4.50B |
| NetOtherInvestingChanges | 37.00M | |||
| NetInvestmentPurchaseAndSale | -197.51M | 13.02M | 34.88M | 55.82M |
| SaleOfInvestment | 4.85M | 16.02M | 37.11M | 59.28M |
| PurchaseOfInvestment | -202.36M | -3.00M | -2.23M | -3.46M |
| NetInvestmentPropertiesPurchaseAndSale | -3.23B | -2.63B | -6.56B | -4.19B |
| SaleOfInvestmentProperties | 2.25B | 3.79B | 1.76B | 2.06B |
| PurchaseOfInvestmentProperties | -5.47B | -6.42B | -8.32B | -6.25B |
| NetBusinessPurchaseAndSale | -207.78M | -482.22M | 64.09M | -365.37M |
| SaleOfBusiness | 104.43M | 58.34M | 348.28M | 76.99M |
| PurchaseOfBusiness | -312.21M | -540.56M | -284.19M | -442.37M |
| OperatingCashFlow | 5.01B | 4.91B | 5.37B | 4.13B |
| CashFlowFromContinuingOperatingActivities | 5.01B | 4.91B | 5.37B | 4.13B |
| DividendReceivedCFO | 644.94M | 562.48M | 680.19M | 410.48M |
| ChangeInWorkingCapital | -195.22M | -126.53M | 70.07M | -26.22M |
| ChangeInOtherCurrentAssets | -422.10M | -341.61M | -102.61M | -71.31M |
| ChangeInPayablesAndAccruedExpense | 225.61M | 194.55M | 255.06M | 109.03M |
| ChangeInPayable | 225.61M | 194.55M | 255.06M | 109.03M |
| ChangeInAccountPayable | 225.61M | 194.55M | 255.06M | 109.03M |
| ChangeInReceivables | 1.27M | 20.53M | -82.38M | -63.95M |
| ChangesInAccountReceivables | 1.27M | 20.53M | -82.38M | -63.95M |
| OtherNonCashItems | -605.44M | -565.72M | -538.42M | -243.97M |
| StockBasedCompensation | 185.47M | 231.75M | 267.65M | 175.36M |
| DeferredTax | 4.31M | 21.16M | 17.71M | 12.64M |
| DeferredIncomeTax | 4.31M | 21.16M | 17.71M | 12.64M |
| DepreciationAmortizationDepletion | 2.63B | 2.58B | 2.48B | 1.81B |
| DepreciationAndAmortization | 2.63B | 2.58B | 2.48B | 1.81B |
| OperatingGainsLosses | -1.22B | -1.74B | -862.18M | -1.57B |
| EarningsLossesFromEquityInvestments | -402.53M | -353.62M | -307.23M | -310.87M |
| GainLossOnInvestmentSecurities | -943.56M | -1.32B | -623.31M | -1.19B |
| NetForeignCurrencyExchangeGainLoss | 125.66M | -67.33M | 71.63M | -92.20M |
| NetIncomeFromContinuingOperations | 3.57B | 3.95B | 3.25B | 3.56B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for PLD
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|