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Friday 6 November 2026 Export PLD’s income statement to Excel — free account

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.

Revenue
+7.84%
EPS
+4.88%
Free cash flow
−37.9%
Total debt
+4.33%

Quarter to September 2026, against a year earlier

127.67 0.88 −0.68%
Market cap
$124.6B
P/E
28.3×
Fwd P/E
34.1×
Dividend yield
3.28%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Prologis, Inc. (PLD) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Prologis, Inc. (PLD) trades at a P/B ratio of 2.0×. Over the past ten years it has ranged from 1.0× (February 2016) to 3.4× (December 2021); the current reading is higher than 65% of that period. That is above the Reit Industrial industry median of 1.9× and above the Real Estate sector median of 1.0×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.1× 22.89%
FY2024 1.7× (22.40%)
FY2023 2.2× 40.64%
FY2022 1.5× (53.63%)
FY2021 3.3× 65.04%
FY2020 2.0× (7.40%)
FY2019 2.2× 66.97%
FY2018 1.3× (28.93%)
FY2017 1.8× 20.54%
FY2016 1.5× 23.91%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.0× (6.60%)
Jun 2026 2.2× 2.39%
Mar 2026 2.1× 3.50%
Dec 2025 2.1× 10.39%
43 more quarters

Against its own ten years

Low 1.0× High 3.4×
Ten-year median 1.9×
Current reading's percentile 62

P/B ratio against peers

Company P/B ratio
LINE Lineage, Inc. compare 1.0×
REXR Rexford Industrial Realty, Inc. compare 1.1×
TRNO Terreno Realty Corporation compare 1.6×
PLD Prologis, Inc. 2.0×
EXR Extra Space Storage Inc compare 2.4×
FR First Industrial Realty Trust, Inc. compare 2.5×
EGP EastGroup Properties, Inc. compare 2.9×
CUBE CubeSmart compare 4.1×
PSA Public Storage compare 5.9×
Reit Industrial industry median 1.9×
Real Estate sector median 1.0×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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