Non-Current Assets

Accumulated Depreciation

Prologis Accumulated Depreciation increased by 3.7% to $14.35B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $12.33B to $14.35B. Over 4 years (FY 2020 to FY 2024), Accumulated Depreciation shows an upward trend with a 18.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.

Detailed definition

This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...

Peer comparison

Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.

Metric ID: ppe_accumulated_depreciation

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$7.11B$7.40B$7.67B$7.94B$8.25B$8.56B$9.04B$9.51B$9.98B$10.44B$10.93B$11.43B$11.87B$12.33B$12.76B$13.29B$13.83B$14.35B
QoQ Change+4.2%+3.6%+3.6%+3.9%+3.7%+5.6%+5.2%+4.9%+4.6%+4.7%+4.6%+3.8%+3.9%+3.4%+4.2%+4.0%+3.7%
YoY Change+16.1%+15.6%+17.8%+19.7%+20.9%+22.0%+21.0%+20.2%+19.0%+18.1%+16.7%+16.3%+16.5%+16.3%
Range$7.11B$14.35B
CAGR+18.0%
Avg YoY Growth+18.3%
Median YoY Growth+18.0%
Current Streak17+ quarters growth

Frequently Asked Questions

What is Prologis's accumulated depreciation?
Prologis (PLD) reported accumulated depreciation of $14.35B in Q3 2025.
How has Prologis's accumulated depreciation changed year-over-year?
Prologis's accumulated depreciation increased by 16.3% year-over-year, from $12.33B to $14.35B.
What is the long-term trend for Prologis's accumulated depreciation?
Over 4 years (2020 to 2024), Prologis's accumulated depreciation has grown at a 18.2% compound annual growth rate (CAGR), from $6.54B to $12.76B.
What does accumulated depreciation mean?
The total amount of depreciation recorded against physical assets over time.

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