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) Free cash flow
Prologis, Inc.'s free cash flow for fiscal 2025 was $1.8B, down 21.9% from $2.3B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.9B. Over the past ten years it has ranged from −$1.1B (fiscal 2023) to $2.6B (fiscal 2017); the current reading is higher than 73% of that period. Prologis, Inc. ranks 1st of 15 Reit Industrial companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $1.8B | (21.87%) |
| FY2024 | $2.3B | — |
| FY2023 | −$1.1B | — |
| FY2022 | $29.0M | (98.35%) |
| FY2021 | $1.8B | 4.16% |
| FY2020 | $1.7B | 14.71% |
| FY2019 | $1.5B | 57.67% |
| FY2018 | $933.7M | (64.24%) |
| FY2017 | $2.6B | 39.21% |
| FY2016 | $1.9B | 29.94% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $156.1M | (79.86%) |
| Mar 2026 | $774.8M | (45.57%) |
| Dec 2025 | $1.4B | 152.16% |
| Sep 2025 | $564.5M | 195.54% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| PLD Prologis, Inc. | $2.9B |
| PSA Public Storage compare | $2.6B |
| EXR Extra Space Storage Inc compare | $1.3B |
| CUBE CubeSmart compare | $508.0M |
| LINE Lineage, Inc. compare | $329.0M |
| REXR Rexford Industrial Realty, Inc. compare | $227.2M |
| FR First Industrial Realty Trust, Inc. compare | $103.5M |
| EGP EastGroup Properties, Inc. compare | $771.0K |
| TRNO Terreno Realty Corporation compare | −$686.6M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
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- Current ratio
- Total debt
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- Book value per share
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- Piotroski F-score
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