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.

125.75 1.19 −0.94%
Market cap
$123.0B
P/E
27.9×
Fwd P/E
41.4×
Dividend yield
3.36%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Prologis, Inc. (PLD) Return on invested capital

Alert me on Return on invested capital

Prologis, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 3.38%, up 0.4 percentage points from fiscal 2025 (2.97%). Over the past ten years it has ranged from 0.80% (fiscal 2015) to 4.41% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Reit Industrial industry median of 2.92% and above the Real Estate sector median of 2.03%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 2.97% (0.16)
FY2024 3.13% 0.44
FY2023 2.69% 0.03
FY2022 2.66% (0.99)
FY2021 3.65% 1.13
FY2020 2.52% (0.61)
FY2019 3.13% 0.24
FY2018 2.89% (1.52)
FY2017 4.41% 2.93
FY2016 1.48% 0.68

Against its own ten years

Low 0.80% High 4.41%
Ten-year median 2.89%
Current reading's percentile 64

Return on invested capital against peers

Company Return on invested capital
PSA Public Storage compare 7.20%
CUBE CubeSmart compare 4.67%
FR First Industrial Realty Trust, Inc. compare 3.71%
EGP EastGroup Properties, Inc. compare 3.70%
PLD Prologis, Inc. 3.38%
EXR Extra Space Storage Inc compare 3.25%
TRNO Terreno Realty Corporation compare 2.42%
REXR Rexford Industrial Realty, Inc. compare 2.19%
LINE Lineage, Inc. compare 0.74%
Reit Industrial industry median 2.92%
Real Estate sector median 2.03%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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