Revenue segments as reported by the company.

Rental

Strategic capital

Development management and other

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

General and administrative

Depreciation and amortization

Other

Gains on dispositions of development properties and land, net

Gains on other dispositions of investments in real estate, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Equity LifeStyle Properties

Extra Space Storage

Self-storage REITs have delivered leading returns over the years. Industrial REITs have capitalized on two major catalysts.

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Mid-America Apartment Communities

Public Storage

Investing in real estate has been a popular investment approach for decades. The basic way of investing in the real estate market is to buy a house.

Real Estate, Real Returns: 3 REIT Stocks to Invest in for the Coming Year

Back in mid-2023, I published a relatively bearish article on Prologis, Inc. because the fundamentals, in my opinion, did not justify the multiple. Since then, Prologis stock has delivered sound results, but, at the same time, facing weaker momentum in the core metrics. If we look deeper into the same store NOI figures and explore the sources of how Prologis could accommodate growth going forward, we will recognize that the market has priced in a lot.

Prologis: There Is Still Too Much Baked Into The Cake To Capture Alpha

In the latest trading session, Prologis (PLD) closed at $127.13, marking a -1.16% move from the previous day.

Here's Why Prologis (PLD) Fell More Than Broader Market

Americold Realty

First Industrial Realty Trust

Innovative Industrial Properties

Lexington Realty

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Rexford Industrial Realty

Terreno Realty

Industrial real estate has experienced strong demand growth, leading to an increase in development of new warehouses. The supply and demand for industrial real estate vary by location, resulting in pockets of both strength and weakness. The future winners in the industrial real estate sector can be estimated by studying valuation and operating fundamentals.

Industrial Real Estate: Opportunities Amidst Supply And Demand Boom

Prologis benefits from its partnership with Amazon, which has a superior network of warehouses and drives demand for rental space. The company owns 1.2 billion square feet of warehouses globally and serves a wide range of industries. Prologis is well-positioned to capitalize on the growth of e-commerce and the trend of economic re-shoring.

Prologis: How Amazon's Secret Weapon Could Be Your Next Winner

National Retail Properties

Regency Centers

Investing is a numbers game that requires careful consideration of factors such as money, time, assets, and returns.

Get A Slice Of The $4 Trillion REIT Pie

SAN FRANCISCO , March 19, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss first quarter results, current market conditions and future outlook on Wednesday, April 17, 2024, at 9:00 a.m. PT/12:00 p.m.

Prologis to Announce First Quarter 2024 Results April 17

Pacer Benchmark Industrial Real Estate SCTR ETF

iShares U.S. Real Estate ETF

Global X SuperDividend REIT ETF

Vanguard Real Estate ETF

Real Estate Select Sector SPDR Fund

Pacer Industrial Real Estate ETF (INDS) is a concentrated play on industrial REITs, focusing on warehouses and self-storage facilities.

INDS: Focused Industrial REIT With Higher Total Return Potential But Somewhat Risky

Gigacloud Tech

Symbotic Inc

Of course, TV shows and movies employ many workers behind-the-scenes to operate cameras, direct actors, conduct marketing activities and handle all of the financial details. Similarly, many e-commerce stocks rely on other companies to provide equipment, warehouses, technology and transportation services.

The Unsung Heroes of E-Commerce: 3 Pivotal Stocks Powering the Online Shopping Surge

Digital Realty Trust

REITs fell as interest rates rose, leading to good investment opportunities for dividend investors. Warehouse landlord Prologis and data center owner Digital Realty have seen their stocks start to rebound.

2 Supercharged Dividend Stocks to Buy if There's a Market Sell-Off

Prologis (PLD) concluded the recent trading session at $134.12, signifying a -0.7% move from its prior day's close.

Why Prologis (PLD) Dipped More Than Broader Market Today

Prologis (PLD) stands to benefit from its ability to provide modern facilities at strategic locations and its robust financial position. However, elevated interest rates and high supply are concerning.

Here's Why You Should Hold Prologis (PLD) Stock in Your Kitty

Boston Properties

There are some top REITs to buy for March. I think that the best has yet to come for these companies and investors who are seeking substantial dividend and income growth potential.

The Top 3 REITs to Buy in March 2024

American Tower

Realty Income Corp

Vici Properties

Real estate investment trusts as a group have lagged behind the S&P 500. However, much of the underperformance is likely due to interest rate headwinds, not the businesses.

Could These "Magnificent Seven" Real Estate Stocks Be an Incredible Investment Opportunity Right Now?

EastGroup Properties

E-commerce growth has led to increased demand for logistics space and a surge in industrial rents. New development deliveries are expected to drop materially in 2025. Industrial REITs have the potential for outsized growth through lease mark-to-market and supply/demand balance.

A Differentiated View Within Industrial REITs

Apple

Ares Commercial Real Estate

Agree Realty

Medical Properties Trust

NVIDIA

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Walgreens

Dividend stocks, particularly REITs, have underperformed the broader market due to interest rate hikes. The suppressed share prices of REITs present a short-lived opportunity for dividend investors to take advantage of. Investing in high-quality companies with strong fundamentals is important for long-term success in the dividend investing strategy.

Why Dividend Investors Should Be Smiling

Prologis is a globally diversified warehouse landlord. The REIT has increased its dividend annually for a decade and at a rapid clip.

Is Prologis Stock a Buy?

SAN FRANCISCO , March 1, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Tim Arndt, chief financial officer, will present at the Raymond James & Associates' 45th Annual Institutional Investors Conference at the JW Marriott Grande Lakes in Orlando, Florida on Monday, March 4, at 2:50 p.m. ET/11:50 a.m.

Prologis to Participate in Industry Conferences

The latest trading day saw Prologis (PLD) settling at $132.49, representing a -0.05% change from its previous close.

Prologis (PLD) Stock Falls Amid Market Uptick: What Investors Need to Know

EPR Properties

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Global Net Lease

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I love sharing my experience as a real estate developer and the lessons learned. Today I want to highlight a few of these missteps and what I learned. As my wealthy friend told me, the “raised nail gets hammered”.

Lesson Learned: The Raised Nail Gets Hammered

Prologis is one of the largest REITs in the world. The landlord focuses on owning warehouses in key global distribution hubs.

This Dividend Stock's $40 Billion Secret Weapon

Prologis is a dominant global industrial REIT with a market capitalization of $123 billion. The company has strong future growth potential driven by the growing e-commerce sector and low supply of logistics space. Prologis has a fortress balance sheet, but it's expensive with a low sub-3% dividend yield.

Prologis: Too Expensive At Current Interest Rates

Prologis (PLD) announces a 10.3% hike in quarterly distributions, maintaining its impressive track record of increasing dividends.

Prologis (PLD) Rewards Investors With a 10.3% Dividend Hike

March Madness, the college basketball tournament, is approaching, and we decided to combine our passion for basketball with our expertise in real estate investment trusts (REITs).

News for Prologis Stock (PLD)