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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Gains on dispositions of development properties and land, net

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Prologis

Prologis, Inc. engages in the provision of real estate investment trust services. It operates through Real Estate Operations and Strategic Capital segments. The Real Estate Operations segment represents the ownership and development of logistics properties and also includes rental revenues, recoveries and expenses recognized from its consolidated properties. The Strategic Capital segment represents the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Prologis exceeds Q4 forecasts, eyes rent growth and development opportunities

Prologis reported outstanding Q4 2022 earnings, with strong leasing metrics and financial performance. Despite challenges from fund redemptions and market uncertainties, the company remains optimistic about rent growth and development opportunities in 2023.

Prologis reports strong Q1 performance, eyes growth amid market challenges

Prologis delivered a robust performance in Q1 2023, marked by high occupancy rates, record same-store growth, and strategic financial maneuvers to enhance liquidity and core FFO projections.
While facing challenges in moderating construction costs and potential rising vacancy rates, the company's strengths in tenant retention, market positioning, and credit stability position it well for future growth.
Opportunities lie in capitalizing on market rent growth projections, investing in property funds, and leveraging stable consumer behavior and e-commerce trends for sustained success.
Prologis remains resilient in navigating market dynamics, celebrating its 40th anniversary with a forward-looking approach to drive shareholder value and capitalize on emerging opportunities.

Prologis surpasses Q2 forecasts, eyes global growth amid market challenges

Prologis demonstrated strong financial performance, highlighted by exceeding earnings expectations and strategic acquisitions. While facing challenges in specific markets, the company's focus on global diversification and long-term growth positions them well for future opportunities. By leveraging market trends and maintaining a solid balance sheet, Prologis aims to drive sustained growth and value for investors.

Prologis reports strong Q3 performance amidst market challenges and opportunities

Prologis remains confident in its long-term performance and growth opportunities despite challenges in certain markets. The company adjusted guidance with a focus on increased occupancy and same-store growth, while maintaining a cautious outlook on geopolitical risks and market uncertainties.

Prologis reports resilient earnings growth and eyes international market opportunities

Prologis reported a successful year with 11% earnings growth and $7 billion deployed into new investments. Despite challenges in market vacancy and declining global rents, the company remains resilient.
The focus on international markets, strong acquisition pipeline, and strategic forecasting of positive rent growth align Prologis for continued success in 2024. Challenges in development starts and market dynamics require proactive strategies.
Opportunities lie in market rent growth, increased net absorption, and adapting to changing tenant mindsets. Prologis' strengths in high occupancy, diverse portfolio, and sustainability initiatives position it well for future growth.
Navigating challenges in market trends and seizing opportunities for expansion and profitability will be key for Prologis in the coming year. The company's ability to leverage strengths and address challenges will determine its success in a dynamic market environment.

Prologis reports strong Q1 earnings amidst market challenges

Prologis had a strong financial performance in Q1 2024 but faced challenges due to market conditions. Despite geopolitical concerns and rising interest rates, the company remains confident in its long-term prospects.

Prologis excels in Q2 with robust leasing and occupancy performance

Prologis delivered a strong performance in Q2, surpassing expectations in leasing and occupancy. While facing challenges in decision-making and market uncertainties, the company remains well-positioned to capitalize on growth opportunities.

Prologis reports solid Q3 results, eyes sustainability and global growth

Prologis had a robust quarter with strong financial performance and strategic initiatives
While facing challenges like market rent declines, the company remains optimistic about its outlook
Opportunities lie in sustainability efforts, market expansion, and operational efficiency
Overall, Prologis is well-positioned to navigate market dynamics and drive growth

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Prologis, Inc. engages in providing logistics solutions and services. It operates in the Real Estate and Strategic Capital segments. The Real Estate segment represents the ownership and development of operating properties and is the largest component of revenue and earnings. The Strategic Capital segment refers to the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

American Tower

Equinix

iShares U.S. Real Estate ETF

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Real Estate Select Sector SPDR Fund

Investing directly in real estate can be hard for many people and impossible for some. Fortunately, you can easily invest in real estate via real estate investment trusts (REITs).

You Don't Have to Pick a Winner In REITs. Here's Why.

Buying leading companies in industries with unstoppable trends on their side is a formula for success as a dividend growth investor. Prologis continued to display industry leadership in its third quarter results, growing core FFO per share excluding net promote income at a double-digit rate. Thanks to its A-rated balance sheet, the industrial REIT recently issued $1.4 billion in debt at a mind-blowingly cheap cost.

Prologis: Buy This Dominant Industrial REIT For Super Dividend Growth

Prologis, the largest US REIT with a $104 billion market cap, boasts a diversified business benefiting from strong e-commerce trends. With over 6,700 customers and the top 25 customers representing less than 21% of the portfolio, the Company is strongly positioned to navigate market uncertainty and thrive. PLD offers a well-covered 3.16% dividend yield, with a growth rate of 12.5% CAGR over the past 5 years.

Prologis: My Top REIT Choice For 2024 With Market Beating Returns Potential

Realty Income Corp

Simon Property Group

Vici Properties

Interest rates have been a burden on the real estate market, but the end of the rate hike cycle is near. The Federal Reserve is expected to keep rates unchanged for the remainder of the year, providing relief for the REIT sector. All 4 of these REITs are high-quality in terms of both the strength of their portfolios as well as their management teams.

4 REITs To Buy Before Rates Get Cut

CHICAGO--(BUSINESS WIRE)--Logiwa Joins Prologis Essentials Suite of Solutions for Warehouse Operators.

Logiwa Joins Prologis Essentials Suite of Solutions for Warehouse Operators

Marathon Petroleum

MPLX

Texas Instruments

MPLX offers an "off the board" choice that should be an attractive option for those seeking high yield stocks.  Prologis, the leading industrial real estate owner, is as cheap as it's been in years.

Down 34% to 57%, These Dividend Stocks Are Screaming Buys

Prologis is the clear leader in industrial real estate and is the largest REIT in the world. The stock is down nearly 25% from its 2023 high, and it looks like an excellent buying opportunity.

Here's the Next Stock I'm Going to Buy

Prologis is the largest owner/operator of industrial real estate in the world. The Series Q preferred equity is currently trading at an implied 6.0% yield-to-call. There may be other equity and fixed-income opportunities that offer more compelling risk- and liquidity-adjusted returns.

Prologis Series Q Preferred: Uncompelling At Current Price

Extra Space Storage

Positive developments continue to benefit the United States economy. The GDP exhibited a robust growth rate of 4.9% on an annualized basis in the third quarter.

The 3 Best REITs to Buy in November

Crown Castle International

Digital Realty Trust

Iron Mountain

Mid-America Apartment Communities

SBA Communications

REITs were formed to give individual investors access to quality properties and have evolved over the years. REITs have outperformed stocks and bonds since 1991.

Brad Thomas Laser Focused On Earnings And REITs

STAG Industrial

Industrial real estate has been on fire, but Stag might not be the best way to play it.

If You Like Stag Industrial, You'll Love These Two Alternatives

Gladstone Commercial

Pacer Benchmark Industrial Real Estate SCTR ETF

Terreno Realty

Vanguard S&P 500 ETF

W. P. Carey

Industrial REITs have been battered by high interest rates and oversupply concerns. Their space remains in demand, and that demand could continue rising.

You Don't Have to Pick a Winner in Warehouse/Industrial REITs. Here's Why.

Prologis is the world's largest industrial REIT and allows investors to benefit from secular growth without exposing them to elevated risks.

All Roads Lead To Prologis: Why We Love This Industrial Juggernaut

Prologis, Inc. (NYSE:PLD ) Q3 2023 Earnings Conference Call October 17, 2023 12:00 PM ET Company Participants Jill Sawyer - Senior Vice President, Investor Relations Tim Arndt - Chief Financial Officer Hamid Moghadam - Chief Executive Officer Dan Letter - President Chris Caton - Managing Director, Global Strategy and Analytics Conference Call Participants Michael Goldsmith - UBS Craig Mailman - Citi Steve Sakwa - Evercore ISI Todd Thomas - KeyBanc Capital Markets Caitlin Burrows - Goldman Sachs John Kim - BMO Capital Markets Nicholas Yulico - Scotiabank Camille Bonnel - Bank of America Ron Kamdem - Morgan Stanley Anthony Powell - Barclays Michael Carroll - RBC Capital Markets Vikram Malhotra - Mizuho Mike Mueller - JPMorgan Bill Crow - Raymond James Blaine Heck - Wells Fargo Ki Bin Kim - Truist Securities Vince Tibone - Green Street Operator Greetings. And welcome to the Prologis Third Quarter 2023 Earnings Conference Call.

Prologis, Inc. (PLD) Q3 2023 Earnings Call Transcript

Prologis' (PLD) Q3 results outshine estimates on healthy rent growth. However, lower occupancy and higher interest expenses ail.

Prologis' (PLD) Q3 FFO and Revenues Beat, '23 View Raised

San Francisco-based logistics real estate operator ProLogis (NYSE:PLD) has outperformed third-quarter estimates, surpassing analysts' expectations with core funds from operations of $1.30 per share. The figure was $0.05 higher than anticipated but marked a decrease of $0.43 year over year.

Prologis exceeds 3Q expectations despite softened demand

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.30 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to FFO of $1.73 per share a year ago.

Prologis (PLD) Tops Q3 FFO and Revenue Estimates

Shares of Prologis Inc. PLD, +1.16% edged up 0.1% in premarket trading Tuesday after the logistics real estate company reported third-quarter earnings that fell from a year ago but beat expectations, while occupancy and leases commenced fell. Net earnings fell to $746 million, or 80 cents a share, from $1.01 billion, or $1.36 a share, in the year-ago period.

Prologis earnings fall but beat expectations, while occupancy declines

High-Quality Global Portfolio Continues to Drive Record Results SAN FRANCISCO , Oct. 17, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported third quarter results for 2023.  Net earnings per diluted share was $0.80 for the third quarter of 2023 compared with $1.36 for the third quarter of 2022.

Prologis Reports Third Quarter 2023 Results

Agree Realty

AGNC Investment

Apple Hospitality REIT

iShares CMBS ETF

Dynex Capital

Equity LifeStyle Properties

Farmland Partners

First Industrial Realty Trust

Hannon Armstrong Sustainable Infrastructure Capital

iShares MBS ETF

Medical Properties Trust

Orchid Island Capital

Alpine Income Property Trust

iShares Mortgage Real Estate ETF

Rexford Industrial Realty

Rithm Capital Corp

Sculptor Capital Management

Seven Hills Realty Trust

Tanger Factory Outlet Centers

SL Green Realty

Sun Communities

U.S. equity markets remained turbulent while benchmark interest rates retreated as investors weighed shocking geopolitical developments in the Middle East against inflation data showing an energy-driven reacceleration in price pressures. Posting a second week of modest gains following a four-week skid, the S&P 500 advanced 0.5%, but gains remained "top-heavy." The Mid-Cap 400 and Small-Cap 600 each posted weekly declines.

Different World, Same Problems

Prologis (PLD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Prologis (PLD) Ahead of Earnings?

Prologis is a leading REIT in the logistics industry with strong business fundamentals and an attractive valuation. The company has a diverse portfolio of industrial properties and a customer base, with a focus on markets with growth potential. PLD has a sustainable dividend and a conservative financial position, making it an interesting income play in the REIT sector.

Prologis: A Good Income Investment In The REIT Sector

Apple

The 10-year Treasury yield's latest journey to the stars is setting up a terrific opportunity for us to “lock in” historically high dividend yields.

2 ‘Contrarians-Only' Dividends That Will Fly As Rates Fall

Highwoods Properties

We discuss the importance of individuality when selecting REITs for investment portfolios. We select Simon Property Group for a daughter who loves shopping, Prologis for a daughter interested in logistics, Digital Realty for a son interested in AI, Realty Income for our second oldest daughter, and Highwoods Properties for our oldest daughter. We provide information on the safety and affordability of each selected REIT.

5 Unique REITs For 5 Unique Kids

News for Prologis Stock (PLD)