Prologis, Inc. PLD
Prologis, Inc. is the undisputed global leader in logistics real estate, strategically focusing its operations on high-barrier, high-growth markets. As of December 31, 2020, the company's extensive portfolio spanned approximately 984 million square feet (91 million square meters) of both existing properties and planned development projects, located across 19 countries. This significant footprint is managed through a blend of wholly-owned assets and co-investment ventures. Prologis leases its contemporary logistics facilities to a diverse client base of roughly 5,500 customers, primarily serving business-to-business (B2B) and retail/online fulfillment needs.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-13 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-16) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model PLD yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $8.79B | $3.41B | $2.63B | $7.20B | $5.01B |
| 2024 | $8.20B | $3.73B | $2.58B | $7.53B | $4.91B |
| 2023 | $8.02B | $3.06B | $2.48B | $6.57B | $5.37B |
| 2022 | $5.97B | $3.36B | $1.81B | $5.80B | $4.13B |
| 2021 | $4.76B | $2.94B | $1.58B | $5.15B | $3.00B |
| 2020 | $4.44B | $1.48B | $1.56B | $3.61B | $2.94B |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-16 | 2026-06-16 | 2026-06-30 | 2026-04-28 | $1.07 | Quarterly |
| 2026-03-17 | 2026-03-17 | 2026-03-31 | 2026-02-12 | $1.07 | Quarterly |
| 2025-12-16 | 2025-12-16 | 2025-12-31 | 2025-12-03 | $1.01 | Quarterly |
| 2025-09-16 | 2025-09-16 | 2025-09-30 | 2025-08-29 | $1.01 | Quarterly |
| 2025-06-17 | 2025-06-17 | 2025-06-30 | 2025-05-08 | $1.01 | Quarterly |
| 2025-03-18 | 2025-03-18 | 2025-03-31 | 2025-02-20 | $1.01 | Quarterly |
| 2024-12-16 | 2024-12-16 | 2024-12-31 | 2024-12-04 | $0.96 | Quarterly |
| 2024-09-16 | 2024-09-16 | 2024-09-30 | 2024-09-03 | $0.96 | Quarterly |
| 2024-06-17 | 2024-06-17 | 2024-06-28 | 2024-05-09 | $0.96 | Quarterly |
| 2024-03-15 | 2024-03-18 | 2024-03-29 | 2024-02-22 | $0.96 | Quarterly |
| 2023-12-15 | 2023-12-18 | 2023-12-29 | 2023-12-07 | $0.87 | Quarterly |
| 2023-09-15 | 2023-09-18 | 2023-09-29 | 2023-09-06 | $0.87 | Quarterly |
| 2023-06-15 | 2023-06-16 | 2023-06-30 | 2023-05-04 | $0.87 | Quarterly |
| 2023-03-16 | 2023-03-17 | 2023-03-31 | 2023-02-23 | $0.87 | Quarterly |
| 2022-12-16 | 2022-12-19 | 2022-12-30 | 2022-12-07 | $0.79 | Quarterly |
| 2022-09-14 | 2022-09-15 | 2022-09-30 | 2022-09-01 | $0.79 | Quarterly |
| 2022-06-15 | 2022-06-16 | 2022-06-30 | 2022-05-04 | $0.79 | Quarterly |
| 2022-03-17 | 2022-03-18 | 2022-03-31 | 2022-02-24 | $0.79 | Quarterly |
| 2021-12-13 | 2021-12-14 | 2021-12-31 | 2021-12-01 | $0.63 | Quarterly |
| 2021-09-16 | 2021-09-17 | 2021-09-30 | 2021-09-07 | $0.63 | Quarterly |
| 2021-06-15 | 2021-06-16 | 2021-06-30 | 2021-04-29 | $0.63 | Quarterly |
| 2021-03-18 | 2021-03-19 | 2021-03-31 | 2021-02-25 | $0.63 | Quarterly |
| 2020-12-17 | 2020-12-18 | 2020-12-31 | 2020-12-08 | $0.58 | Quarterly |
| 2020-09-16 | 2020-09-17 | 2020-09-30 | 2020-09-04 | $0.58 | Quarterly |
Coverage (payout of operating cash flow): 81.87%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — PLD
Are You Looking for a Top Momentum Pick? Why Prologis (PLD) is a Great Choice
Assetmark Inc. Purchases 25,030 Shares of Prologis, Inc. $PLD
Prologis, Inc. $PLD Shares Acquired by Dimensional Fund Advisors LP
AlTi Global Inc. Sells 17,307 Shares of Prologis, Inc. $PLD
Prologis Says Segro Rejects Third $18.2 Billion Offer
Prologis sweetens £13.5bn SEGRO bid with £2.7bn cash element as third proposal rejected
UK's Segro rejects Prologis' $18.2 billion sweetened takeover proposal
Allspring Global Investments Holdings LLC Purchases 120,414 Shares of Prologis, Inc. $PLD
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.