Prologis, Inc. PLD
Prologis, Inc. don't just lead the industry, they define it. The firm creates the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, their ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one–not just shaping the future of logistics but building what comes next. Prologis, Inc. was established in 1983 and is incorporated in Maryland.
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. |
|---|---|---|---|---|---|
| 2026-09-16 | 2026-09-16 | 2026-09-30 | — | $1.07 | Quarterly |
| 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 |
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
Prologis to Announce Third Quarter 2026 Results October 15, 2026
Prologis (PLD) Stock Declines While Market Improves: Some Information for Investors
Prologis Declares Quarterly Dividend
Could Falling Yields Make REIT Stocks Worth a Second Look?
Adelante Capital Management LLC Acquires New Shares in Prologis, Inc. $PLD
Bamco Inc. NY Makes New $107.07 Million Investment in Prologis, Inc. $PLD
How The Prologis-SEGRO Deal Could Change The Dividend Payout Dynamics
1,154,926 Shares in Prologis, Inc. $PLD Purchased by Barrow Hanley Mewhinney & Strauss LLC
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.