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Prologis

PLDNYSEStock Fundamentals

Prologis is the global leader in logistics real estate, specializing in the ownership, management, and development of high-quality industrial facilities in high-barrier, high-growth markets. The company operates as a self-administered REIT, leveraging its massive scale to provide essential supply chain infrastructure and sustainable energy solutions to the world's largest corporations. Its value proposition is centered on supply chain resiliency, e-commerce fulfillment, and capital recycling through strategic co-investment ventures.

Market Cap$134.84B
Revenue TTM$8.7B
Net Income TTM$3.2B
P/E Ratio42.06
Net Margin36.69%
EPS TTM$3.43
Employees2.6K
CEODaniel Stephen Letter
CountryUnited States of America
Real Estate
REIT - Industrial
SegmentsIndustrial REIT, Logistics & Supply Chain, Data Center Infrastructure
Business ModelsReal Estate Investment Trust (REIT), Asset Management, Property Development, B2B Service Platform
Most Recent EarningsApr 16, 2026 · 1 month 9 days agoQ1 2026
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Next EarningsJul 15, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Op. Margin47.52%
ROE6.07%
D/E68.24%
Total Debt$35.9B
Cash$1.2B

Net Income

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Operating Cash Flow

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EPS (Diluted)

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Business Segments

Real Estate

primary

The primary revenue driver of the company, focusing on rental operations and the development of modern logistics facilities. This segment generates income through long-term leases and the creation of value by developing land banks into industrial properties or data centers.

Products

Logistics Facilities, Last Touch® Facilities, Data Centers, Built-to-suit Development, Speculative Development, Covered Land Plays (CLPs)

Customers

E-commerce retailers, Third-party logistics providers (3PL), Consumer brand manufacturers, Data center operators

Strategic Capital

minor

Manages co-investment ventures with institutional investors, providing asset and property management services. This segment allows the company to expand investment capacity and earn fee-based revenue and performance-based promotes while mitigating foreign currency risk.

Products

Open-ended Ventures, Asset Management Services, Property Management Services, Nippon Prologis REIT, Inc., FIBRA Prologis

Customers

Institutional investors, Pension funds, Sovereign wealth funds, Publicly traded REIT investors

Segment Financials

Europe — Number Of Real Estate Properties

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Real Estate Operations — Total Assets

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Europe — Total Assets

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Strategic Capital — Total Assets

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Europe — Number Of Co Investment Ventures

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Other Americas — Number Of Co Investment Ventures

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Business Overview

Competitive Position

The company is the global leader in logistics real estate with a massive 1.3 billion square foot portfolio and a unique 'Prologis Essentials' platform that provides value-added services beyond traditional leasing.

Geographies

United States, Europe, Asia, Other Americas

Customer Segments

Enterprise, Global Logistics Providers, Retailers, Institutional Investors

Upstream Dependencies

Land owners, Construction material suppliers, Municipalities (entitlements), Institutional capital providers

Downstream Customers

Global e-commerce platforms, Retailers, Transportation and freight companies, Consumer goods manufacturers

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Prologis FAQ

Common questions about Prologis

Prologis is the global leader in logistics real estate, specializing in the ownership, management, and development of high-quality industrial facilities in high-barrier, high-growth markets. The company operates as a self-administered REIT, leveraging its massive scale to provide essential supply chain infrastructure and sustainable energy solutions to the world's largest corporations. Its value proposition is centered on supply chain resiliency, e-commerce fulfillment, and capital recycling through strategic co-investment ventures.

Prologis (PLD) has a market capitalization of $134.84B and trades on NYSE.

Prologis generated $8.7B in trailing twelve-month revenue with net income of $3.2B, representing a net margin of 36.7%. These figures are based on the Q3 2025 filing.

Prologis's key competitors include Blackstone, Rexford Industrial Realty, Inc., Realty Income Corporation, and others. These companies compete in similar markets and product categories.

Prologis has approximately 2,574 employees.