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.
Follow PLD
Prologis, Inc. (PLD) Free cash flow margin
Prologis, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 0.00%, down 20.3 percentage points from fiscal 2025 (20.3%). Over the past ten years it has ranged from −14.3% (fiscal 2023) to 99.7% (fiscal 2017); the current reading is higher than 27% of that period. That is below the Reit Industrial industry median of 12.8% and below the Real Estate sector median of 9.79%.
Free cash flow margin, annual
Embed this chart
Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 20.3% | (7.54) |
| FY2024 | 27.8% | 42.15 |
| FY2023 | −14.3% | (14.81) |
| FY2022 | 0.49% | (36.47) |
| FY2021 | 37.0% | (1.08) |
| FY2020 | 38.0% | (6.16) |
| FY2019 | 44.2% | 10.91 |
| FY2018 | 33.3% | (66.44) |
| FY2017 | 99.7% | 25.68 |
| FY2016 | 74.1% | 8.35 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| PSA Public Storage compare | 52.8% |
| CUBE CubeSmart compare | 44.7% |
| EXR Extra Space Storage Inc compare | 38.1% |
| REXR Rexford Industrial Realty, Inc. compare | 22.9% |
| FR First Industrial Realty Trust, Inc. compare | 13.6% |
| LINE Lineage, Inc. compare | 6.13% |
| EGP EastGroup Properties, Inc. compare | 0.10% |
| PLD Prologis, Inc. | 0.00% |
| TRNO Terreno Realty Corporation compare | −136.5% |
| Reit Industrial industry median | 12.8% |
| Real Estate sector median | 9.79% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on PLD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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