Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.3 billion square feet in 20 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2018, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| PLD | Prologis, Inc. | 2025-10-16 18:41:11 | 120.9 | -0.27 | -0.22 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PLD | 0001045609 | Prologis, Inc. | US74340W1036 | 529900DFH19P073LZ636 | 943281941 | NYSE | 6798 | Real Estate Investment Trusts | 1231 | MD | PIER 1 BAY 1 | SAN FRANCISCO | CA | 94111 | UNITED STATES | US | 4153949000 | PIER 1 BAY 1, SAN FRANCISCO, CA, 94111 | PIER 1 BAY 1, SAN FRANCISCO, CA, 94111 | AMB PROPERTY CORP | Real estate | 1983 | Hamid Moghadam | 2,703 | https://prologis.com | 103,726,874,356 | 928,037,000 | 928,063,000 | Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.3 billion square feet in 20 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2018, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase. | 2025-10-10 19:07:14 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 103,726,874,356 | -9,261,364,882 | -8.1968 | 926,860,000 | 1,979,000 | 0.214 |
| 2023 | 112,988,239,238 | 26,173,956,818 | 30.1494 | 924,881,000 | 1,452,000 | 0.1572 |
| 2022 | 86,814,282,420 | -1,183,534,266 | -1.345 | 923,429,000 | 183,429,000 | 24.7877 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Daniel Letter | President | 2024 | 696,154 | 768,900 | 10,807,295 | 0 | 24,000 | 12,296,349 |
| Edward Nekritz | Chief Legal Officer, General Counsel | 2024 | 650,000 | 714,000 | 6,545,135 | 0 | 27,750 | 7,936,885 |
| Hamid Moghadam | Chief Executive Officer | 2024 | 1 | 1,267,500 | 23,571,776 | 0 | 12,500 | 24,851,777 |
| Timothy Arndt | Chief Financial Officer | 2024 | 648,077 | 659,100 | 8,994,484 | 0 | 27,750 | 10,329,411 |
| Joseph Ghazal | Chief Investment Officer | 2024 | 596,154 | 633,700 | 4,662,442 | 0 | 119,236 | 6,011,532 |
| Fiscal Year | Employee Count |
|---|---|
| 2014 | 1,505 |
| 2013 | 1,468 |
| 2012 | 1,445 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 8,201,610,000 | 8,023,469,000 | 5,973,692,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 418,765,000 | 390,406,000 | 331,083,000 |
| Operating Expenses | -2,104,285,000 | — | — |
| Operating Income | 4,415,920,000 | 3,707,792,000 | 3,467,538,000 |
| Net Income | 3,731,635,000 | 3,059,214,000 | 3,364,856,000 |
| Earnings Per Share Basic | 4.02 | 3.3 | 4.28 |
| Earnings Per Share Diluted | 4.01 | 3.29 | 4.25 |
| Weighted Average Shares Outstanding Basic | 926,172,000 | 924,351,000 | 785,675,000 |
| Weighted Average Shares Outstanding Diluted | 953,590,000 | 951,791,000 | 811,608,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 1,318,591,000 | 530,388,000 | 278,483,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 407,464,000 | 325,698,000 | 377,996,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 186,200,000 | 199,900,000 | — |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 212,318,000 | 208,030,000 | 119,897,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 95,328,909,000 | 93,020,840,000 | 87,897,448,000 |
| Accounts Payable | 1,769,327,000 | 1,766,018,000 | 1,711,885,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 514,223,000 | 530,519,000 | 32,940,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 30,879,263,000 | 29,000,501,000 | 23,875,961,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 36,712,139,000 | 35,197,120,000 | 30,034,355,000 |
| Common Stock | 9,263,000 | 9,244,000 | 9,231,000 |
| Retained Earnings | -465,913,000 | -627,068,000 | -457,695,000 |
| Accumulated Other Comprehensive Income | -120,215,000 | -514,201,000 | -443,609,000 |
| Total Shareholders Equity | 53,951,138,000 | 53,181,724,000 | 53,237,282,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 2,580,519,000 | 2,484,891,000 | 1,812,777,000 |
| Share Based Compensation Expense | 231,747,000 | 267,648,000 | 175,356,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 341,614,000 | — | — |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 4,912,209,000 | 5,373,058,000 | 4,126,430,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | — | — | — |
| Acquisition Of Business | 0 | 33,009,000 | 92,052,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -3,099,057,000 | -6,419,397,000 | -4,499,057,000 |
| Tax Withholding For Share Based Compensation | 30,526,000 | 24,536,000 | 27,688,000 |
| Payments Of Dividends | 3,570,480,000 | 3,228,589,000 | 2,494,723,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 1,650,000 | 69,807,000 | 88,980,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -999,957,000 | 1,320,282,000 | 115,789,000 |
| Change In Cash | 788,203,000 | 251,905,000 | -277,634,000 |
| Cash At End Of Period | 1,318,591,000 | 530,388,000 | 278,483,000 |
| Income Taxes Paid | 129,900,000 | 149,100,000 | 130,000,000 |
| Interest Paid | 710,754,000 | 457,021,000 | 234,131,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 4.02 | 3.3 | 4.28 |
| Price To Earnings Ratio | 26.2935 | 40.3939 | 26.3388 |
| Earnings Growth Rate | 21.8182 | -22.8972 | 7.8086 |
| Price Earnings To Growth Ratio | 1.2051 | -1.7641 | 3.3731 |
| Book Value Per Share | 63.2893 | 62.556 | 73.6476 |
| Price To Book Ratio | 1.6701 | 2.1309 | 1.5307 |
| Ebitda | 7,305,986,000 | 6,334,537,000 | 5,616,670,000 |
| Enterprise Value | 127,971,275,400 | 152,216,620,300 | 112,199,560,750 |
| Dividend Yield | 0.0365 | 0.0262 | 0.0282 |
| Dividend Payout Ratio | 0.9568 | 1.0554 | 0.7414 |
| Debt To Equity Ratio | 0.5819 | 0.5553 | 0.4491 |
| Capital Expenditures | 2,584,807,000 | 2,573,024,000 | 1,814,630,000 |
| Free Cash Flow | 2,327,402,000 | 2,800,034,000 | 2,311,800,000 |
| Return On Equity | 0.0692 | 0.0575 | 0.0632 |
| One Year Beta | 0.8202 | 1.2576 | 1.015 |
| Three Year Beta | 1.0217 | 1.0086 | 1.057 |
| Five Year Beta | 1.054 | 1.0417 | 0.9786 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| BITA CRISTINA GABRIELA | Director | 2025-10-01 | 500 | D | 9,329 |
| LYONS IRVING F III | Director | 2025-09-30 | 92 | A | 10,622 |
| LYONS IRVING F III | Director | 2025-09-30 | 284 | A | 32,514 |
| Slusser Sarah A | Director | 2025-09-30 | 20 | A | 2,317 |
| KENNARD LYDIA H | Director | 2025-09-30 | 56 | A | 6,462 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Shelley M Capito | Senator | 2025-09-03 | Purchase | 2025-08-01 | Spouse | $1,001 - $15,000 |
| John P Ricketts | Senator | 2023-10-20 | Sale (Full) | 2023-09-21 | Spouse | $50,001 - $100,000 |
| William Cassidy | Senator | 2020-12-08 | Sale (Full) | 2020-11-05 | Spouse | $1,001 - $15,000 |
| William Cassidy | Senator | 2020-08-12 | Purchase | 2020-07-15 | Spouse | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Dan Newhouse | 2025-09-17 | WA04 | Purchase | 2025-08-18 | Spouse | $1,001 - $15,000 |
| David J. Taylor | 2025-09-02 | OH02 | Purchase | 2025-08-07 | — | $1,001 - $15,000 |
| David J. Taylor | 2025-09-02 | OH02 | Purchase | 2025-08-14 | — | $1,001 - $15,000 |
| Ritchie John Torres | 2025-08-20 | NY15 | Purchase | 2024-09-26 | — | $1,001 - $15,000 |
| Thomas H. Kean | 2025-07-16 | NJ07 | Purchase | 2025-06-30 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Migdal Insurance & Financial Holdings Ltd. | 2025-06-30 | 18,449,000 | 175,500 | 105.1225 |
| Valeo Financial Advisors, LLC | 2025-06-30 | 89,889,710 | 855,115 | 105.12 |
| 180 WEALTH ADVISORS, LLC | 2025-06-30 | 2,566,323 | 24,413 | 105.1212 |
| AZZAD ASSET MANAGEMENT INC /ADV | 2025-06-30 | 4,430,330 | 42,145 | 105.1211 |
| Asset Management One Co., Ltd. | 2025-06-30 | 190,371,059 | 1,810,988 | 105.12 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| ETF Series Solutions | 2025-07-31 | Aptus Large Cap Enhanced Yield ETF | DUBS | 3,647 | 389,426.66 | 0.1629 |
| Pacer Funds Trust | 2025-07-31 | Pacer Trendpilot US Large Cap ETF | PTLC | 57,370 | 6,125,968.6 | 0.1835 |
| Pacer Funds Trust | 2025-07-31 | Pacer PE/VC ETF | PEVC | 18 | 1,922.04 | 0.0882 |
| Pacer Funds Trust | 2025-07-31 | Pacer MSCI World Industry Advantage ETF | GLBL | 24 | 2,562.72 | 0.2764 |
| Pacer Funds Trust | 2025-07-31 | Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | QDPL | 16,959 | 1,810,882.02 | 0.1663 |