Prologis PLD Ratios & Valuation
| TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | TTM Q4 '24 | TTM Q3 '24 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 208.1%-1.0pp | 209.1%+7.6pp | 201.5%+7.7pp | 193.8%+7.6pp | 186.2%+1.8pp | |
| Net margin | 170.1%-2.2pp | 172.3%+4.1pp | 168.2%+6.1pp | 162.2%+7.6pp | 154.6%+1.0pp | |
| Returns | ||||||
| Return on equity | 27%+0.3pp | 26.7%+1.2pp | 25.5%+1.0pp | 24.4%+1.3pp | 23.2%-1.0pp | |
| Return on invested capital | 19.9%+0.1pp | 19.7%+1.1pp | 18.7%+0.7pp | 18%+0.7pp | 17.2%-0.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 2.6×+0.1× | 2.5×+0.1× | 2.4×0.0× | 2.3×0.0× | 2.3×+0.1× | |
| Net debt / EBITDA | 18.8×+0.1× | 18.7×-0.1× | 18.8×-0.2× | 19×-0.4× | 19.3×+0.6× | |
| Per Share | ||||||
| Book value per share | $222.69-0.3% | $223.30-0.4% | $224.11+0.1% | $223.94+0.3% | $223.24-0.3% | |
| Valuation | ||||||
| Market capitalization | $408.14B-2.6% | $418.83B-0.8% | $422.42B-3.8% | $439.29B-5.5% | $464.64B+2.3% | |
| Price / earnings | 114.1×-4.9× | 119×-7.6× | 126.6×-10.1× | 136.7×-13.9× | 150.7×+2.5× | |
| Price / sales | 48.2×-2.7× | 50.8×-1.7× | 52.5×-2.3× | 54.8×-3.4× | 58.2×+1.3× | |
| Price / book | 7.7×-0.2× | 7.9×0.0× | 7.9×-0.3× | 8.2×-0.5× | 8.7×+0.2× | |
| EV / EBITDA | 77.1×-2.5× | 79.6×-3.2× | 82.8×-4.6× | 87.5×-6.3× | 93.7×+1.6× | |
| Dividend yield | 14.3%+0.5pp | 13.8%+0.4pp | 13.4%+0.7pp | 12.6%+1.0pp | 11.6%0.0pp |
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.
