Prologis, Inc. PLD
- Market cap
- $129.4B
- P/E
- 29.6×
Follow PLD
Prologis, Inc. (PLD) EV/EBITDA
As of 25 September 2026, Prologis, Inc. (PLD) trades at a EV/EBITDA of 22.2×. Over the past ten years it has ranged from 13.2× (December 2018) to 35.7× (December 2021); the current reading is higher than 27% of that period. That is above the Reit Industrial industry median of 18.0× and above the Real Estate sector median of 15.2×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 23.9× | 20.57% |
| FY2024 | 19.8× | (26.71%) |
| FY2023 | 27.0× | 21.46% |
| FY2022 | 22.3× | (26.98%) |
| FY2021 | 30.5× | 22.27% |
| FY2020 | 24.9× | 8.20% |
| FY2019 | 23.0× | 35.00% |
| FY2018 | 17.1× | 9.51% |
| FY2017 | 15.6× | (38.16%) |
| FY2016 | 25.2× | (8.18%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 22.5× | (2.43%) |
| Mar 2026 | 23.1× | (3.51%) |
| Dec 2025 | 23.9× | 4.54% |
| Sep 2025 | 22.9× | 18.83% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| LINE Lineage, Inc. compare | 13.2× |
| REXR Rexford Industrial Realty, Inc. compare | 16.9× |
| CUBE CubeSmart compare | 17.0× |
| PSA Public Storage compare | 18.0× |
| EXR Extra Space Storage Inc compare | 19.1× |
| FR First Industrial Realty Trust, Inc. compare | 20.1× |
| PLD Prologis, Inc. | 22.2× |
| EGP EastGroup Properties, Inc. compare | 23.4× |
| TRNO Terreno Realty Corporation compare | 26.0× |
| Reit Industrial industry median | 18.0× |
| Real Estate sector median | 15.2× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on PLD
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement