P

Prologis, Inc.

PLD · CIK 0001045609reit template: specialized rows coming in Phase 1

17 fiscal years · 60 SEC filings · every number carries its receipt

Revenue (FY)
$8.79B7.2%
FY2025
Net income (FY)
$3.33B10.8%
FY2025
Diluted EPS (FY)
$3.5611.2%
FY2025
The story, charted

The shape of the business

FY2016–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$5BFY2016 · Revenue $2.53B · Net income $1.21B · 0001564590-19-002872 · filed 2019-02-13FY16Revenue $2.53BNet income $1.21B0001564590-19-002872 · filed 2019-02-13FY2017 · Revenue $2.62B · Net income $1.65B · 0001564590-20-004096 · filed 2020-02-11FY17Revenue $2.62BNet income $1.65B0001564590-20-004096 · filed 2020-02-11FY2018 · Revenue $2.80B · Net income $1.65B · 0001564590-21-005312 · filed 2021-02-11FY18Revenue $2.80BNet income $1.65B0001564590-21-005312 · filed 2021-02-11FY2019 · Revenue $3.33B · Net income $1.57B · 0001564590-22-004436 · filed 2022-02-09FY19Revenue $3.33BNet income $1.57B0001564590-22-004436 · filed 2022-02-09FY2020 · Revenue $4.44B · Net income $1.48B · 0001564590-23-001902 · filed 2023-02-14FY20Revenue $4.44BNet income $1.48B0001564590-23-001902 · filed 2023-02-14FY2021 · Revenue $4.76B · Net income $2.94B · 0000950170-24-014539 · filed 2024-02-13FY21Revenue $4.76BNet income $2.94B0000950170-24-014539 · filed 2024-02-13FY2022 · Revenue $5.97B · Net income $3.36B · 0000950170-25-021272 · filed 2025-02-14FY22Revenue $5.97BNet income $3.36B0000950170-25-021272 · filed 2025-02-14FY2023 · Revenue $8.02B · Net income $3.06B · 0001193125-26-051453 · filed 2026-02-13FY23Revenue $8.02BNet income $3.06B0001193125-26-051453 · filed 2026-02-13FY2024 · Revenue $8.20B · Net income $3.73B · 0001193125-26-051453 · filed 2026-02-13FY24Revenue $8.20BNet income $3.73B0001193125-26-051453 · filed 2026-02-13FY2025 · Revenue $8.79B · Net income $3.33B · 0001193125-26-051453 · filed 2026-02-13FY25Revenue $8.79BNet income $3.33B0001193125-26-051453 · filed 2026-02-13FY25Revenue $8.79BNet income $3.33B0001193125-26-051453 · filed 2026-02-13FY17FY19FY21FY23FY25

revenue 3.5× since FY2016 · net margin 47.8% → 37.9%

MarginsNet marginFCF margin
0%20%40%60%FY2016 · Net margin 47.8%FY16Net margin 47.8%derived: net income ÷ revenueFY2017 · Net margin 63.1%FY17Net margin 63.1%derived: net income ÷ revenueFY2018 · Net margin 58.8%FY18Net margin 58.8%derived: net income ÷ revenueFY2019 · Net margin 47.2%FY19Net margin 47.2%derived: net income ÷ revenueFY2020 · Net margin 33.4%FY20Net margin 33.4%derived: net income ÷ revenueFY2021 · Net margin 61.8%FY21Net margin 61.8%derived: net income ÷ revenueFY2022 · Net margin 56.3%FY22Net margin 56.3%derived: net income ÷ revenueFY2023 · Net margin 38.1%FY23Net margin 38.1%derived: net income ÷ revenueFY2024 · Net margin 45.5%FY24Net margin 45.5%derived: net income ÷ revenueFY2025 · Net margin 37.9%FY25Net margin 37.9%derived: net income ÷ revenueFY25Net margin 37.9%derived: net income ÷ revenue’17’19’21’23’25

FY2025: net 37.9% of revenue

Cash engineOperating cash flowFree cash flow
$0$2B$4BFY2009 · OCF $89.1M · 0001193125-12-087643 · filed 2012-02-29FY09OCF $89.1M0001193125-12-087643 · filed 2012-02-29FY2010 · OCF $240.8M · 0001193125-13-081863 · filed 2013-02-28FY10OCF $240.8M0001193125-13-081863 · filed 2013-02-28FY2011 · OCF $207.1M · 0001193125-14-070012 · filed 2014-02-26FY11OCF $207.1M0001193125-14-070012 · filed 2014-02-26FY2012 · OCF $463.5M · 0001193125-15-062622 · filed 2015-02-25FY12OCF $463.5M0001193125-15-062622 · filed 2015-02-25FY2013 · OCF $485.0M · 0001193125-15-062622 · filed 2015-02-25FY13OCF $485.0M0001193125-15-062622 · filed 2015-02-25FY2014 · OCF $704.5M · 0001193125-15-062622 · filed 2015-02-25FY14OCF $704.5M0001193125-15-062622 · filed 2015-02-25FY2015 · OCF $1.12B · 0001564590-18-002228 · filed 2018-02-15FY15OCF $1.12B0001564590-18-002228 · filed 2018-02-15FY2016 · OCF $1.42B · 0001564590-19-002872 · filed 2019-02-13FY16OCF $1.42B0001564590-19-002872 · filed 2019-02-13FY2017 · OCF $1.69B · 0001564590-20-004096 · filed 2020-02-11FY17OCF $1.69B0001564590-20-004096 · filed 2020-02-11FY2018 · OCF $1.80B · 0001564590-21-005312 · filed 2021-02-11FY18OCF $1.80B0001564590-21-005312 · filed 2021-02-11FY2019 · OCF $2.26B · 0001564590-22-004436 · filed 2022-02-09FY19OCF $2.26B0001564590-22-004436 · filed 2022-02-09FY2020 · OCF $2.94B · 0001564590-23-001902 · filed 2023-02-14FY20OCF $2.94B0001564590-23-001902 · filed 2023-02-14FY2021 · OCF $3.00B · 0000950170-24-014539 · filed 2024-02-13FY21OCF $3.00B0000950170-24-014539 · filed 2024-02-13FY2022 · OCF $4.13B · 0000950170-25-021272 · filed 2025-02-14FY22OCF $4.13B0000950170-25-021272 · filed 2025-02-14FY2023 · OCF $5.37B · 0001193125-26-051453 · filed 2026-02-13FY23OCF $5.37B0001193125-26-051453 · filed 2026-02-13FY2024 · OCF $4.91B · 0001193125-26-051453 · filed 2026-02-13FY24OCF $4.91B0001193125-26-051453 · filed 2026-02-13FY2025 · OCF $5.01B · 0001193125-26-051453 · filed 2026-02-13FY25OCF $5.01B0001193125-26-051453 · filed 2026-02-13FY25OCF $5.01B0001193125-26-051453 · filed 2026-02-13’09’13’17’21’25
Returns on capitalReturn on equityReturn on assets
-10%0%10%FY2010 · ROE -16.9% · ROA -8.5%FY10ROE -16.9%ROA -8.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE -1.1% · ROA -0.6%FY11ROE -1.1%ROA -0.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE -0.3% · ROA -0.1%FY12ROE -0.3%ROA -0.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 2.5% · ROA 1.4%FY13ROE 2.5%ROA 1.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 4.6% · ROA 2.5%FY14ROE 4.6%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 5.9% · ROA 2.8%FY15ROE 5.9%ROA 2.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 8.1% · ROA 4.0%FY16ROE 8.1%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 10.6% · ROA 5.6%FY17ROE 10.6%ROA 5.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 7.4% · ROA 4.3%FY18ROE 7.4%ROA 4.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 6.9% · ROA 3.9%FY19ROE 6.9%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 4.6% · ROA 2.6%FY20ROE 4.6%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 8.8% · ROA 5.0%FY21ROE 8.8%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 6.3% · ROA 3.8%FY22ROE 6.3%ROA 3.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 5.8% · ROA 3.3%FY23ROE 5.8%ROA 3.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 6.9% · ROA 3.9%FY24ROE 6.9%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 6.3% · ROA 3.4%FY25ROE 6.3%ROA 3.4%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 6.3%ROA 3.4%derived: net income ÷ equity · derived: net income ÷ assets’13’17’21’25

return on equity -17% (FY2010) → 6% (FY2025) · on assets 3.4%

Balance sheetLiabilitiesEquity
$0$50B$100BFY2010 · Liabilities $7.38B · Equity $7.51BFY10Liabilities $7.38BEquity $7.51B0001193125-12-087643 · filed 2012-02-29FY2011 · Liabilities $13.27B · Equity $13.66BFY11Liabilities $13.27BEquity $13.66B0001193125-13-081863 · filed 2013-02-28FY2012 · Liabilities $13.54B · Equity $13.07BFY12Liabilities $13.54BEquity $13.07B0001193125-14-070012 · filed 2014-02-26FY2013 · Liabilities $10.40B · Equity $13.71BFY13Liabilities $10.40BEquity $13.71B0001193125-15-062622 · filed 2015-02-25FY2014 · Liabilities $10.59B · Equity $13.98BFY14Liabilities $10.59BEquity $13.98B0001564590-16-012933 · filed 2016-02-19FY2015 · Liabilities $12.97B · Equity $14.67BFY15Liabilities $12.97BEquity $14.67B0001564590-17-001559 · filed 2017-02-15FY2016 · Liabilities $11.79B · Equity $14.99BFY16Liabilities $11.79BEquity $14.99B0001564590-18-002228 · filed 2018-02-15FY2017 · Liabilities $10.78B · Equity $15.63BFY17Liabilities $10.78BEquity $15.63B0001564590-19-002872 · filed 2019-02-13FY2018 · Liabilities $12.62B · Equity $22.30BFY18Liabilities $12.62BEquity $22.30B0001564590-20-004096 · filed 2020-02-11FY2019 · Liabilities $13.96B · Equity $22.65BFY19Liabilities $13.96BEquity $22.65B0001564590-21-005312 · filed 2021-02-11FY2020 · Liabilities $19.74B · Equity $31.97BFY20Liabilities $19.74BEquity $31.97B0001564590-22-004436 · filed 2022-02-09FY2021 · Liabilities $20.74B · Equity $33.43BFY21Liabilities $20.74BEquity $33.43B0001564590-23-001902 · filed 2023-02-14FY2022 · Liabilities $30.03B · Equity $53.24BFY22Liabilities $30.03BEquity $53.24B0000950170-24-014539 · filed 2024-02-13FY2023 · Liabilities $35.20B · Equity $53.18BFY23Liabilities $35.20BEquity $53.18B0000950170-25-021272 · filed 2025-02-14FY2024 · Liabilities $36.71B · Equity $53.95BFY24Liabilities $36.71BEquity $53.95B0001193125-26-051453 · filed 2026-02-13FY2025 · Liabilities $40.97B · Equity $53.19BFY25Liabilities $40.97BEquity $53.19B0001193125-26-051453 · filed 2026-02-13FY25Liabilities $40.97BEquity $53.19B0001193125-26-051453 · filed 2026-02-13’13’17’21’25

FY2025: $98.72B assets · $40.97B liabilities · $53.19B equity

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.