To the full analysis
Prologis stock: growth
PLDPrologis reported $8.79B in revenue for fiscal 2025, up 7.2% on the prior year, up 14.6% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14%
per year from 2006 to 2025, per share 0.6%
Earnings (Annual rate)
15.4%
per year from 2006 to 2025, per share 2.1%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 14.6% | 14.9% | 14.0% |
| Revenue per share | 9.6% | 8.3% | 0.6% |
| Earnings | 18.1% | 14.6% | 15.4% |
| Earnings per share | 12.6% | 8.0% | 2.1% |
| Free cash flow | 24.3% | 19.0% | no data |
| Free cash flow per share | 18.8% | 12.2% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $729.9M | $224.07M | −$1.15B |
| 2007 | $669.67M | $314.26M | −$1.12B |
| 2008 | $715.05M | −$49.86M | −$915.35M |
| 2009 | $633.84M | −$34.27M | −$160.07M |
| 2010 | $633.5M | $27.12M | −$20.16M |
| 2011 | $1.53B | −$153.41M | −$874.43M |
| 2012 | $2.01B | −$39.72M | $382.88M |
| 2013 | $1.75B | $342.92M | $402.38M |
| 2014 | $1.76B | $636.18M | $625.92M |
| 2015 | $2.2B | $869.44M | $880.06M |
| 2016 | $2.53B | $1.21B | $1.32B |
| 2017 | $2.62B | $1.65B | $1.58B |
| 2018 | $2.8B | $1.65B | $887.86M |
| 2019 | $3.33B | $1.57B | $1.94B |
| 2020 | $4.44B | $1.48B | $1.69B |
| 2021 | $4.76B | $2.94B | $2.5B |
| 2022 | $5.97B | $3.36B | $3.58B |
| 2023 | $8.02B | $3.06B | $5.37B |
| 2024 | $8.2B | $3.73B | $4.91B |
| 2025 | $8.79B | $3.41B | $5.01B |
Revenue by segment
How Prologis, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Real Estate Operations93%
- Strategic Capital7%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Real Estate Operations | $2.17B | $2.65B | $3.79B | $4.15B | $4.91B | $6.82B | $7.53B | $8.2B | 93.3% |
| Strategic Capital | $74.62M | $86.27M | $636.99M | $590.75M | $1.04B | $1.2B | $671.91M | $592.35M | 6.7% |
| Other | $556.55M | $599.16M | $0 | $0 | $0 | $0 | $0 | $0 | 0% |
| Total revenue | $2.8B | $3.33B | $4.44B | $4.76B | $5.97B | $8.02B | $8.2B | $8.79B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 May 2015)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.