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Prologis PLD Net debt

Discontinued — last reported Q3 '25

Net debt at other companies

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Other financials

Income statement

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Revenue$2.4B+10.2%
Operating income$940.3M-24.8%
Net income$1.1B-20.9%
EPS (diluted)$1.13-17.5%

Balance sheet

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Cash & equivalents$1.2B+51.9%
Total debt$35.9B+9.1%
Total equity$52.6B-0.8%
Total assets$98.3B+2.5%

Cash flow

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Operating cash flow$1.4B+0.9%

Valuation

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Market cap$134.93B+38.2%
Enterprise value$169.67B-5.4%
P/E45.1×+17.3×
P/S15.1×+3.7×

Profitability

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Operating margin47.5%-1.0pp
Net margin33.4%-12.9pp
FCF margin63.3%

Returns & leverage

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Return on equity6.2%+0.3pp
Debt / equity0.7×+0.1×

Where this comes from

Calculated from Prologis’s reported figures.

The source filing: Prologis’s 10-Q, filed October 28, 2025. Open the filing →

Filed
Oct 28, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001193125-25-253512

FAQ

What is Prologis's net debt?
Prologis (PLD) reported net debt of $34.74B in Q3 2025.
How has Prologis's net debt changed year-over-year?
Prologis's net debt increased by 8.1% year-over-year, from $32.13B to $34.74B.
What is the long-term trend for Prologis's net debt?
Over 4 years (2020 to 2024), Prologis's net debt has grown at a 15.9% compound annual growth rate (CAGR), from $16.74B to $30.18B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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