Prologis PLD Ratios & Valuation
| Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 47.5%-4.6pp | 52.1%-2.4pp | 54.6%+0.7pp | 53.8%+5.3pp | 48.5%+4.0pp | |
| Net margin | 37.4%-3.6pp | 41%-4.3pp | 45.3%-0.9pp | 46.3%+6.6pp | 39.7%+2.7pp | |
| EBITDA margin | 77.4%-5.2pp | 82.7%-2.8pp | 85.5%+0.2pp | 85.3%+4.3pp | 81%+3.6pp | |
| Returns | ||||||
| Return on equity | 6.2%-0.4pp | 6.6%-0.5pp | 7.1%0.0pp | 7.1%+1.2pp | 5.9%+0.5pp | |
| Return on assets | 3.4%-0.3pp | 3.7%-0.3pp | 4%0.0pp | 4%+0.7pp | 3.3%+0.2pp | |
| Return on invested capital | 4.5%-0.5pp | 5%-0.2pp | 5.2%+0.1pp | 5.1%+0.7pp | 4.4%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.7×0.0× | 0.7×+0.1× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Debt-to-assets | 0.4×0.0× | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 5.1×+0.3× | 4.8×+0.3× | 4.5×+0.2× | 4.3×-0.7× | 5×+0.1× | |
| Interest coverage | 4.3×-0.5× | 4.7×-0.4× | 5.1×0.0× | 5.1×+0.4× | 4.8×+0.2× | |
| Per Share | ||||||
| Book value per share | $55.02-0.3% | $55.16-1.4% | $55.92-1.2% | $56.58+1.7% | $55.64-0.6% | |
| Valuation | ||||||
| Market capitalization | $106.28B+5.9% | $100.34B-3.2% | $103.63B+5.9% | $97.9B-16.3% | $116.97B+12.6% | |
| Enterprise value | $141.02B+4.8% | $134.57B-0.9% | $135.85B+6.1% | $128.07B-14.1% | $149.1B+11.4% | |
| Price / earnings | 32.5×+3.9× | 28.6×+1.3× | 27.3×+1.5× | 25.8×-11.6× | 37.4×+1.2× | |
| Price / sales | 12.2×+0.4× | 11.7×-0.6× | 12.4×+0.4× | 11.9×-2.9× | 14.8×+1.4× | |
| Price / book | 2×+0.1× | 1.9×0.0× | 1.9×+0.1× | 1.8×-0.4× | 2.2×+0.3× | |
| EV / EBITDA | 20.8×+1.8× | 19×+0.1× | 18.9×+0.6× | 18.3×-5.0× | 23.3×+1.1× | |
| EV / sales | 16.1×+0.4× | 15.7×-0.5× | 16.2×+0.6× | 15.6×-3.3× | 18.9×+1.7× | |
| Earnings yield | 3.1%-0.4pp | 3.5%-0.2pp | 3.7%-0.2pp | 3.9%+1.2pp | 2.7%-0.1pp | |
| Dividend yield | 3.5%-0.2pp | 3.7%+0.2pp | 3.5%-0.2pp | 3.6%+0.7pp | 3%-0.3pp | |
| PEG ratio | 7.2×+5.9× | 1.3×-0.2× | 1.5×+0.4× | 1.2×-13.0× | 14.2×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Prologis's ratios come from?
- Every ratio is computed from Prologis's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
