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Non-Current Liabilities

Long-Term Debt

Prologis Long-Term Debt increased by 1.8% to $35.3B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $32.29B to $35.3B. Over 4 years (FY 2020 to FY 2024), Long-Term Debt shows an upward trend with a 16.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ3 2025Oct 28, 2025

How to read this metric

Increasing debt levels can boost returns through leverage but also increase financial risk; investors monitor this relative to EBITDA and asset values.

Detailed definition

This represents financial obligations, such as bonds, notes, and mortgages, that are due beyond one year. For a REIT, th...

Peer comparison

Standard metric for capital structure; peers are compared based on debt-to-EBITDA and interest coverage ratios.

Metric ID: long_term_debt

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$16.99B$17.14B$215.3M$18.37B$18.04B$18.14B$23.88B$25.15B$28.13B$27.58B$29B$29.56B$29.9B$32.29B$30.88B$32.26B$34.67B$35.3B
QoQ Change+0.9%-98.7%>999%-1.8%+0.5%+31.6%+5.4%+11.8%-2.0%+5.2%+1.9%+1.2%+8.0%-4.4%+4.5%+7.5%+1.8%
YoY Change+6.2%+5.9%>999%+36.9%+55.9%+52.0%+21.5%+17.5%+6.3%+17.1%+6.5%+9.1%+15.9%+9.3%
Range$215.3M$35.3B
CAGR+18.8%
Avg YoY Growth+803.6%
Median YoY Growth+16.5%
Current Streak3 quarters growth

Frequently Asked Questions

What is Prologis's long-term debt?
Prologis (PLD) reported long-term debt of $35.3B in Q3 2025.
How has Prologis's long-term debt changed year-over-year?
Prologis's long-term debt increased by 9.3% year-over-year, from $32.29B to $35.3B.
What is the long-term trend for Prologis's long-term debt?
Over 4 years (2020 to 2024), Prologis's long-term debt has grown at a 16.4% compound annual growth rate (CAGR), from $16.85B to $30.88B.
What does long-term debt mean?
The portion of the company's debt that is due to be paid back after more than one year.