# Prologis Inc. (PLD)

**Exchange:** NYSE  
**Sector:** Real Estate  
**Market cap:** $142.32B  
**Price:** $148.74 (+1.05%)

> Prologis Inc. is a real estate investment trust specializing in logistics and industrial properties worldwide. The company focuses on owning, developing, and managing modern distribution centers and warehouses in high-barrier, high-growth markets that support global trade and e-commerce activity. Prologis serves a wide range of customers involved in business-to-business distribution as well as retail and online fulfillment, providing facilities critical for inventory storage, order processing, and last-mile delivery. Its operations are organized primarily through the Real Estate segment, which generates income from rental and development activities, and the Strategic Capital segment, which manages co-investment ventures and other unconsolidated entities on behalf of institutional partners. Headquartered in San Francisco, California and founded in 1991, Prologis plays a significant role in the global logistics infrastructure by offering scale, network density, and specialized logistics real estate solutions across the Americas, Europe, and Asia.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.79B | — | $4.36B | $3.33B | $3.56 |
| 2024 | $8.20B | — | $4.42B | $3.73B | $4.01 |
| 2023 | $8.02B | — | $3.71B | $3.06B | $3.29 |
| 2022 | $5.97B | — | $3.47B | $3.36B | $4.25 |
| 2021 | $4.76B | — | $3.21B | $2.94B | $3.94 |
| 2020 | $4.44B | — | $2.12B | $1.48B | $2.01 |
| 2019 | $3.33B | — | $1.85B | $1.57B | $2.46 |
| 2018 | $2.80B | — | $847M | $1.65B | $2.87 |
| 2017 | $2.62B | — | $771M | $1.65B | $3.06 |
| 2016 | $2.53B | — | $668M | $1.21B | $2.27 |
| 2015 | — | — | $380M | $869M | $1.64 |
| 2014 | — | — | $320M | $636M | $1.24 |
| 2013 | — | — | $304M | $343M | $0.64 |
| 2012 | — | — | $108M | -$40M | $-0.18 |
| 2011 | — | — | $127M | -$153M | $-0.51 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $98.72B | $40.97B | $57.75B | $1.15B | $35.04B |
| 2024 | $95.33B | $36.71B | $58.62B | $1.32B | $30.88B |
| 2023 | $93.02B | $35.20B | $57.82B | $530M | $29.00B |
| 2022 | $87.90B | $30.03B | $57.86B | $278M | $23.88B |
| 2021 | $58.49B | $20.74B | $37.74B | $556M | $17.72B |
| 2020 | $56.07B | $19.74B | $36.32B | $598M | $16.85B |
| 2019 | $40.03B | $13.96B | $26.07B | $1.09B | $11.91B |
| 2018 | $38.42B | $12.62B | $25.80B | $344M | $11.09B |
| 2017 | $29.48B | $10.78B | $18.71B | $447M | $9.41B |
| 2016 | $30.25B | $11.79B | $18.46B | $807M | $10.61B |
| 2015 | $31.39B | $12.97B | $18.42B | $264M | $11.63B |
| 2014 | $25.82B | $10.63B | $15.18B | $351M | $9.38B |
| 2013 | $24.57B | $10.40B | $14.18B | $491M | $9.01B |
| 2012 | $27.31B | $13.54B | $13.77B | $101M | $11.79B |
| 2011 | $27.72B | $13.27B | $14.46B | $176M | $11M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | — | — | — |
| 2024 | — | — | — |
| 2023 | — | — | — |
| 2022 | — | — | — |
| 2021 | — | — | — |
| 2020 | — | — | — |
| 2019 | — | — | — |
| 2018 | — | — | — |
| 2017 | — | — | — |
| 2016 | — | — | — |
| 2015 | — | — | — |
| 2014 | — | — | — |
| 2013 | — | — | — |
| 2012 | — | — | — |
| 2011 | — | — | — |

Source: [DividendWall](https://dividendwall.com/company/PLD)