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) Operating margin
Prologis, Inc.'s operating margin over the twelve months to 30 September 2026 was 54.8%, up 5.2 percentage points from fiscal 2025 (49.6%). Over the past ten years it has ranged from 17.3% (fiscal 2015) to 74.6% (fiscal 2017); the current reading is higher than 45% of that period. That is above the Reit Industrial industry median of 39.9% and above the Real Estate sector median of 18.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 49.6% | (4.26) |
| FY2024 | 53.8% | 7.63 |
| FY2023 | 46.2% | (11.84) |
| FY2022 | 58.1% | (9.33) |
| FY2021 | 67.4% | 19.64 |
| FY2020 | 47.7% | (7.80) |
| FY2019 | 55.5% | (4.65) |
| FY2018 | 60.2% | (14.44) |
| FY2017 | 74.6% | 48.24 |
| FY2016 | 26.4% | 9.09 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 43.8% | (7.83) |
| Jun 2026 | 51.6% | (1.12) |
| Mar 2026 | 52.7% | (19.49) |
| Dec 2025 | 72.2% | 29.73 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PLD Prologis, Inc. | 54.8% |
| PSA Public Storage compare | 45.3% |
| FR First Industrial Realty Trust, Inc. compare | 41.6% |
| TRNO Terreno Realty Corporation compare | 41.4% |
| EXR Extra Space Storage Inc compare | 40.9% |
| EGP EastGroup Properties, Inc. compare | 40.5% |
| CUBE CubeSmart compare | 39.9% |
| REXR Rexford Industrial Realty, Inc. compare | 39.3% |
| LINE Lineage, Inc. compare | 3.57% |
| Reit Industrial industry median | 39.9% |
| Real Estate sector median | 18.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on PLD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- 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