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Equity

Non-Controlling Interests

Prologis Non-Controlling Interests decreased by 0.0% to $4.58B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $4.59B to $4.58B. Over 4 years (FY 2020 to FY 2024), Non-Controlling Interests shows relatively stable performance with a 1.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2025Oct 28, 2025

How to read this metric

Changes reflect the formation or dissolution of joint ventures and the scale of third-party capital participation.

Detailed definition

This represents the portion of equity in subsidiaries that is owned by third parties rather than the parent company. It...

Peer comparison

Common in REITs that utilize joint venture structures to manage large-scale logistics portfolios.

Metric ID: noncontrolling_interests

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$4.38B$4.25B$4.32B$4.29B$4.3B$4.31B$4.63B$4.63B$4.61B$4.63B$4.64B$4.61B$4.58B$4.59B$4.67B$4.61B$4.58B$4.58B
QoQ Change-2.8%+1.5%-0.6%+0.2%+0.4%+7.2%+0.1%-0.4%+0.3%+0.4%-0.8%-0.6%+0.3%+1.6%-1.2%-0.7%-0.0%
YoY Change-1.8%+1.5%+7.2%+7.9%+7.3%+7.2%+0.3%-0.5%-0.7%-0.7%+0.5%+0.0%-0.0%-0.3%
Range$4.25B$4.67B
CAGR+1.1%
Avg YoY Growth+2.0%
Median YoY Growth+0.2%
Current Streak3 quarters decline

Frequently Asked Questions

What is Prologis's non-controlling interests?
Prologis (PLD) reported non-controlling interests of $4.58B in Q3 2025.
How has Prologis's non-controlling interests changed year-over-year?
Prologis's non-controlling interests decreased by 0.3% year-over-year, from $4.59B to $4.58B.
What is the long-term trend for Prologis's non-controlling interests?
Over 4 years (2020 to 2024), Prologis's non-controlling interests has grown at a 1.7% compound annual growth rate (CAGR), from $4.35B to $4.67B.
What does non-controlling interests mean?
The share of subsidiary equity owned by outside partners.