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Prologis, Inc.

PLDReal EstateNASDAQ

REIT - Industrial · Last scanned May 30, 2026

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Financials · Annual
Revenue
$8.79B
+7.2% YoY
Net Income
$3.33B
-10.8% YoY
EBITDA
$7.37B
-2.2% YoY
Free Cash Flow
$4.85B

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About Prologis, Inc.

Prologis, Inc. is a self-administered and self-managed REIT and is the sole general partner of Prologis, L.P. At a $133.76B market cap, Prologis, Inc. ranks as a large-cap company within real estate. through which it holds substantially all of its assets.

Key stats
Market Cap$133.76B
P/E (TTM)36.14
Fwd P/E42.22
EPS$3.97
Beta1.35
52W Change+31.9%
Dividend Yield2.98%
ROE6.8%
Analysis

On the balance sheet, PLD has $871.2M in cash with $35.31B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $4.85B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 6.8%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.5% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $5.97B (2022) to $8.79B (2025), reflecting a 47% increase over the period.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Prologis, Inc. and its sector.

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