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Prologis
(NYSE:PLD)
Prologis (PLD) vs. SPDR S&P 500 ETF (SPY)
Prologis Business Overview & Revenue Model
Prologis Key Performance Indicators (KPIs)
Counts the total number of properties owned, reflecting the scale of the company's real estate portfolio and its capacity to generate rental revenue.
Main Street DataPrologis Earnings Call Summary
Prologis Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 8.38B | 8.20B | 8.02B | 5.97B | 4.76B | 4.44B | Gross Profit |
| 5.67B | 6.14B | 6.01B | 4.46B | 3.51B | 3.27B | EBIT |
| 4.29B | 4.42B | 3.71B | 2.57B | 2.01B | 1.69B | EBITDA |
| 6.74B | 7.53B | 6.57B | 4.40B | 3.60B | 3.26B | Net Income Common Stockholders |
| 3.74B | 3.73B | 3.06B | 3.36B | 2.94B | 1.48B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 671.12M | 1.32B | 530.39M | 278.48M | 556.12M | 598.09M | Total Assets |
| 95.99B | 95.33B | 93.02B | 87.90B | 58.49B | 56.07B | Total Debt |
| 0.00 | 31.49B | 29.60B | 25.41B | 18.16B | 17.34B | Net Debt |
| 31.59B | 30.18B | 29.07B | 25.14B | 17.61B | 16.74B | Total Liabilities |
| 37.92B | 36.71B | 35.20B | 30.03B | 20.74B | 19.74B | Stockholders Equity |
| 53.47B | 53.95B | 53.18B | 53.24B | 33.43B | 31.97B |
| Cash Flow | Free Cash Flow | ||||
| 4.81B | 4.91B | 5.37B | 3.58B | 2.50B | 1.69B | Operating Cash Flow |
| 5.02B | 4.91B | 5.37B | 4.13B | 3.00B | 2.94B | Investing Cash Flow |
| -3.56B | -3.10B | -6.42B | -4.50B | -1.99B | -3.07B | Financing Cash Flow |
| -1.28B | -999.96M | 1.32B | 115.79M | -1.01B | -372.16M |
Prologis Technical Analysis
Prologis Risk Analysis
Prologis Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $101.53B | 26.96 | 7.01% | 3.84% | 2.11% | 19.67% | |
80 Outperform | $6.69B | 24.32 | 10.18% | 3.65% | 9.18% | -7.05% | |
77 Outperform | $6.73B | 27.22 | 7.15% | 4.13% | 8.81% | 33.30% | |
75 Outperform | $6.02B | 29.44 | 5.33% | 3.37% | 22.17% | 4.34% | |
74 Outperform | $8.60B | 29.52 | 3.35% | 4.73% | 18.02% | 12.12% | |
68 Neutral | $2.53B | 43.69 | 2.98% | 6.31% | 5.68% | 358.78% | |
61 Neutral | $2.83B | 10.89 | 0.41% | 9.34% | 5.96% | -21.31% |
Prologis Corporate Events
On June 17, 2025, Prologis announced that its Chief Investment Officer, Joseph Ghazal, has decided to step down from his executive role effective July 1, 2025. Ghazal will continue with the company until July 10, 2026, to ensure a smooth transition, which may impact the company’s strategic investment operations during this period.
The most recent analyst rating on (PLD) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.
On June 17, 2025, Prologis announced that Joseph Ghazal, the Chief Investment Officer, will step down from his executive role effective July 1, 2025. Ghazal will remain with the company until July 10, 2026, to ensure a smooth transition, which may impact Prologis’s investment strategies and stakeholder relations during this period.
The most recent analyst rating on (PLD) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.
On May 22, 2025, Prologis, L.P. and its affiliates entered into an Amended and Restated Global Senior Credit Agreement, known as the 2025 Global Facility, with various lenders and Bank of America, N.A. This agreement allows Prologis to obtain loans and issue letters of credit up to $3 billion, with the facility maturing in 2029 and options to extend. The agreement includes two tranches in U.S. Dollars and Euros, and its terms are influenced by Prologis’ public debt ratings. This strategic financial move is expected to enhance Prologis’ operational flexibility and strengthen its position in the logistics real estate market.
The most recent analyst rating on (PLD) stock is a Buy with a $134.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.
On May 22, 2025, Prologis, L.P. and its affiliates entered into an Amended and Restated Global Senior Credit Agreement with various lenders and Bank of America, N.A. as the Global Administrative Agent. This agreement, known as the 2025 Global Facility, allows the company to obtain loans and issue letters of credit up to $3 billion, with the possibility of increasing this by an additional $1 billion. The facility includes a U.S. Dollar Tranche and a Euro Tranche, and is set to mature on June 29, 2029, with options for two six-month extensions. The agreement includes customary financial covenants and guarantees, and its terms are influenced by the public debt ratings of the Operating Partnership.
The most recent analyst rating on (PLD) stock is a Buy with a $134.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.
At the Annual Meeting of Stockholders held on May 8, 2025, Prologis, Inc. announced the election of twelve directors to its Board, with most receiving strong support. Additionally, the stockholders approved the company’s executive compensation for 2024 and ratified KPMG LLP as the independent accounting firm for 2025. However, a stockholder proposal to allow shareholders to call special meetings was not approved.
The most recent analyst rating on (PLD) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.
At the Annual Meeting of Stockholders on May 8, 2025, Prologis, Inc. announced the election of twelve directors to its Board and approved executive compensation for 2024. Additionally, the stockholders ratified KPMG LLP as the independent public accounting firm for 2025, while a proposal to allow shareholders to call special meetings was not passed.
The most recent analyst rating on (PLD) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Prologis stock, see the PLD Stock Forecast page.
On May 7, 2025, Prologis, L.P. completed the issuance and sale of $1.25 billion in senior unsecured notes, consisting of $500 million of 4.750% Notes due 2031 and $750 million of 5.250% Notes due 2035. The proceeds, estimated at $1.2 billion after expenses, will be used for general corporate purposes, including debt repayment. This strategic financial maneuver is expected to enhance Prologis’ liquidity and flexibility, potentially impacting its market positioning by allowing for more efficient capital management.
Prologis, L.P. announced the successful issuance and sale of $1.25 billion in senior unsecured notes on May 7, 2025. The offering included $500 million of 4.750% notes due in 2031 and $750 million of 5.250% notes due in 2035. The proceeds, estimated to be around $1.2 billion after expenses, will be used for general corporate purposes, including debt repayment. This strategic financial move is expected to bolster Prologis’ operational flexibility and strengthen its market position.
On April 16, 2025, Prologis, Inc. announced its first quarter financial results for 2025, highlighting a strong performance with total revenues of $2.14 billion, an increase from $1.96 billion in the same period of 2024. The company reported net earnings attributable to common stockholders of $592 million and a Core FFO of $1.42 per share, reflecting its robust market position and strategic capital initiatives. Prologis continues to focus on expanding its development portfolio and maintaining high occupancy rates, which are expected to positively impact its future financial performance.
On April 16, 2025, Prologis, Inc. announced its financial results for the first quarter of 2025, highlighting a strong performance with total revenues of $2.14 billion, up from $1.96 billion in the same period in 2024. The company reported net earnings attributable to common stockholders of $592 million, reflecting a slight increase from $584 million in the previous year. Prologis also emphasized its significant development activities, with $963 million in value creation from stabilizations and a robust pipeline of development starts and acquisitions planned for the year. The announcement underscores Prologis’s continued growth and strategic positioning in the logistics real estate market, with implications for stakeholders in terms of increased dividends and solid financial health.