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Prologis PLD Operating margin

Operating margin at other companies

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Tejon RanchTRC
-38.9%-41.8pp
One Liberty Properties logo
One Liberty PropertiesOLP
51.1%-2.7pp
FRP Holdings logo
FRP HoldingsFRPH
12.1%-14.5pp
Safehold logo
SafeholdSAFE
25.4%+1.6pp
Americold Realty Trust logo
Americold Realty TrustCOLD
2.9%+2.0pp
Modiv Industrial logo
Modiv IndustrialMDV
33%-10.0pp

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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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.

Based on trailing twelve months.

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 operating margin?
Prologis (PLD) reported operating margin of 47.5% in Q3 2025.
How has Prologis's operating margin changed year-over-year?
Prologis's operating margin decreased by 2.1% year-over-year, from 48.5% to 47.5%.
What is the long-term trend for Prologis's operating margin?
Over 4 years (2020 to 2024), Prologis's operating margin has grown at a 3.1% compound annual growth rate (CAGR), from 47.7% to 53.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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