Prologis (PLD) | Financial Analysis & Statements

Prologis Inc. | Large-cap | Real Estate

$108.02

-0.27%

Prologis vs Public Storage Prologis vs Extra Space Storage Prologis vs Lineage Logistics Prologis vs CubeSmart Prologis vs EastGroup Properties Prologis vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 8.2B

Gross Profit 6.1B 74.92%

Operating Income 3.1B 37.77%

Net Income 3.9B 48.14%

Balance Sheet Metrics

Total Assets 95.3B

Total Liabilities 36.7B

Shareholders Equity 58.6B

Debt to Equity 0.63

Cash Flow Metrics

Operating Cash Flow 6.1B

Free Cash Flow 4.9B

Revenue & Profitability Trend

Prologis Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	8.2B	8.0B	6.0B	4.8B	4.4B
Cost of Goods Sold	2.1B	2.0B	1.5B	1.2B	1.2B
Gross Profit	6.1B	6.0B	4.5B	3.5B	3.3B
Operating Expenses	465.8M	443.8M	371.4M	315.6M	304.9M
Operating Income	3.1B	3.1B	2.3B	1.6B	1.4B
Pre-tax Income	4.1B	3.5B	3.7B	3.3B	1.7B
Income Tax	166.9M	211.0M	135.4M	174.3M	130.5M
Net Income	3.9B	3.3B	3.6B	3.1B	1.6B
EPS (Diluted)	-	$3.29	$4.25	$3.94	$2.01

Income Statement Trend

Prologis Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	2.4B	1.8B	1.7B	2.0B	2.2B
Non-Current Assets	92.9B	91.2B	86.2B	56.5B	53.9B
Total Assets	95.3B	93.0B	87.9B	58.5B	56.1B
Liabilities
Current Liabilities	2.6B	3.3B	3.7B	2.0B	1.6B
Non-Current Liabilities	34.1B	31.9B	26.3B	18.7B	18.1B
Total Liabilities	36.7B	35.2B	30.0B	20.7B	19.7B
Equity
Total Shareholders Equity	58.6B	57.8B	57.9B	37.7B	36.3B

Balance Sheet Composition

Prologis Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	3.9B	3.3B	3.6B	3.1B	1.6B
Operating Cash Flow	6.1B	5.6B	5.3B	4.5B	3.2B
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	-469.2M	136.0M	-309.5M	-753.0M	-1.8B
Financing Activities
Dividends Paid	-3.6B	-3.2B	-2.5B	-1.9B	-1.7B
Financing Cash Flow	-1,000.0M	1.3B	115.8M	-685.0M	-372.2M
Free Cash Flow	4.9B	5.4B	4.1B	3.0B	2.9B

Cash Flow Trend

Prologis Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 26.72

Forward P/E 30.43

Price to Book 1.86

Price to Sales 11.38

PEG Ratio 30.43

Profitability Ratios

Profit Margin 42.81%

Operating Margin 39.96%

Return on Equity 6.83%

Return on Assets 2.38%

Financial Health

Current Ratio 0.62

Debt to Equity 56.64

Beta 1.27

Per Share Data

EPS (TTM) $4.01

Book Value per Share $57.55

Revenue per Share $9.43

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
pld	99.4B	26.72	1.86	6.83%	42.81%	56.64
Public Storage	51.7B	29.27	9.91	20.12%	41.59%	97.46
Extra Space Storage	32.4B	34.05	2.23	6.39%	27.13%	89.65
Lineage Logistics	11.3B	-12.51	1.19	-9.07%	-11.77%	78.40
CubeSmart	9.7B	25.07	3.40	13.34%	35.73%	117.53
EastGroup Properties	9.0B	37.49	2.68	7.61%	34.79%	44.73

Financial data is updated regularly. All figures are in the company's reporting currency.