Prologis, Inc.
PLD Real Estate Reit Industrial
Prologis, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.8 billion, up 7.18% from fiscal 2024. In the quarter to September 2026, revenue grew 7.84%, EPS grew 85.3%, free cash flow fell 18.3% and total debt rose 4.33%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten.
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Prologis, Inc. (PLD) EV/EBITDA
As of 16 October 2026, Prologis, Inc. (PLD) trades at a EV/EBITDA of 21.2×. Over the past ten years it has ranged from 13.2× (December 2018) to 35.7× (December 2021); the current reading is higher than 21% of that period. That is above the Reit Industrial industry median of 18.7× and above the Real Estate sector median of 15.2×.
EV/EBITDA, daily
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Annual newest first
| 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 newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Sep 2026 | 21.7× | (3.33%) |
| Jun 2026 | 22.5× | (2.43%) |
| Mar 2026 | 23.1× | (3.51%) |
| Dec 2025 | 23.9× | 4.54% |
| 43 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| LINE Lineage, Inc. compare | 12.6× |
| REXR Rexford Industrial Realty, Inc. compare | 16.7× |
| CUBE CubeSmart compare | 17.4× |
| PSA Public Storage compare | 18.5× |
| FR First Industrial Realty Trust, Inc. compare | 19.5× |
| EXR Extra Space Storage Inc compare | 19.7× |
| PLD Prologis, Inc. | 21.2× |
| EGP EastGroup Properties, Inc. compare | 22.9× |
| TRNO Terreno Realty Corporation compare | 25.3× |
| Reit Industrial industry median | 18.7× |
| 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
- EPS (diluted)
- 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
- EV/FCF
- 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
- Piotroski F-score
- The full statement