Prologis PLD Ratios & Valuation
| TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | TTM Q4 '24 | TTM Q3 '24 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 208.1%+21.9pp | 209.1%+24.7pp | 201.5%+13.5pp | 193.8%+9.1pp | 186.2%-10.3pp | |
| Net margin | 170.1%+15.5pp | 172.3%+18.7pp | 168.2%+8.7pp | 162.2%+0.3pp | 154.6%-25.5pp | |
| EBITDA margin | 330.9%+17.7pp | 334.5%+24.4pp | 329.3%+19.7pp | 321.3%+14.8pp | 313.2%-4.5pp | |
| Returns | ||||||
| Return on equity | 27%+3.9pp | 26.7%+2.6pp | 25.5%-0.9pp | 24.4%-2.0pp | 23.2%-5.3pp | |
| Return on assets | 15.1%+1.7pp | 15.1%+1.0pp | 14.5%-0.9pp | 14%-1.4pp | 13.4%-3.2pp | |
| Return on invested capital | 19.9%+2.6pp | 19.7%+1.7pp | 18.7%-0.7pp | 18%-1.1pp | 17.2%-3.5pp | |
| 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×+0.2× | 2.5×+0.3× | 2.4×+0.2× | 2.3×+0.2× | 2.3×+0.3× | |
| Debt-to-assets | 1.4×+0.1× | 1.4×+0.1× | 1.3×+0.1× | 1.3×+0.1× | 1.3×+0.1× | |
| Net debt / EBITDA | 18.8×-0.6× | 18.7×-0.1× | 18.8×+0.2× | 19×-0.1× | 19.3×+0.3× | |
| Interest coverage | 19.2×-1.5× | 19.6×-2.5× | 19.5×-6.0× | 19.9×-7.5× | 20.6×-12.2× | |
| Per Share | ||||||
| Book value per share | $222.69-0.2% | $223.30-0.3% | $224.110.0% | $223.940.0% | $223.24-4.5% | |
| Valuation | ||||||
| Market capitalization | $408.14B-12.2% | $418.83B-7.7% | $422.42B-9.4% | $439.29B-5.3% | $464.64B+4.4% | |
| Enterprise value | $539.5B-7.8% | $547.59B-3.9% | $546.86B-5.8% | $561.16B-2.2% | $585.41B+6.4% | |
| Price / earnings | 114.1×-36.5× | 119×-29.1× | 126.6×-20.4× | 136.7×-16.5× | 150.7×+6.5× | |
| Price / sales | 48.2×-10.1× | 50.8×-6.1× | 52.5×-6.1× | 54.8×-7.2× | 58.2×-5.8× | |
| Price / book | 7.7×-1.1× | 7.9×-0.7× | 7.9×-0.8× | 8.2×-0.5× | 8.7×+0.4× | |
| EV / EBITDA | 77.1×-16.6× | 79.6×-12.6× | 82.8×-11.4× | 87.5×-12.8× | 93.7×-6.2× | |
| EV / sales | 63.7×-9.7× | 66.4×-5.0× | 67.9×-5.0× | 70×-6.6× | 73.4×-5.8× | |
| Earnings yield | 14.1%+3.5pp | 13.7%+2.9pp | 13%+2.1pp | 12%+1.5pp | 10.6%-0.6pp | |
| Dividend yield | 14.3%+2.7pp | 13.8%+2.2pp | 13.4%+2.5pp | 12.6%+2.2pp | 11.6%+1.4pp | |
| PEG ratio | 11.1×— | 18.2×— | —— | —— | —— |
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.
