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.

Buying fundamentally strong businesses at reasonable valuations often works out well.

Prologis: Buy This REIT Now For Winning Dividend Growth

SAN FRANCISCO , Feb. 22, 2024 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) today approved a plan to raise the company's annualized dividend by 10% to $3.84 per share of common stock. The board declared a regular cash dividend for the quarter ending March 31, 2024, on the following securities: A dividend of $0.96 per share of the company's common stock, payable on March 29, 2024, to common stockholders of record at the close of business on March 18, 2024; and A dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on April 1, 2024, to Series Q stockholders of record at the close of business on March 18, 2024.

Prologis Board of Directors Approves 10 Percent Increase in Quarterly Common Stock Dividend

CBRE Group

D.R. Horton

JPMorgan Chase & Co

PulteGroup

Raymond James

RE/MAX Hld

US Treasury 6 Month Bill ETF

Zillow

Whenever traders move their money in a big way, it often pays to follow their tracks and reverse engineer what happened that caused them to shift in or out of that space. Today, the tools at MarketBeat have caught a major shift in sentiment and capital out of an ETF (exchange-traded fund) that also happens to represent a key economic indicator.

Bears covered shorts on this ETF, 3 stocks to pop on the shift

Agree Realty

Boston Properties

Chatham Lodging Trust

National Retail Properties

Realty Income Corp

Simon Property Group

Vici Properties

W. P. Carey

Real Estate Select Sector SPDR Fund

REITs have experienced a significant decline so far in 2024, with Triple Net Lease REITs falling more than others. The higher interest rate sensitivity of Triple Net Lease REITs is one reason for their larger decline.

3 Buy Alerts: Triple Net REITs Are Falling Like Ninepins

Alexandria Real Estate Equities

Camden Property

2024 marks the end of a wave of construction inspired by zero interest rate policy, transitioning real estate into a new era of scarcity. The current high level of deliveries in 2024 does not indicate a high supply year, but rather reflects the starts from 6 months to 3 years ago. The outlook for real estate supply is positive, with fewer deliveries expected in 2025 and 2026 due to a decrease in new permits and the restoration of normal interest rates.

2024 Real Estate Supply Report

EastGroup Properties

Modiv

STAG Industrial

Vanguard Real Estate ETF

Industrial REITs are enjoying rapid rent growth. However, they typically only offer a low dividend yield. We highlight 2 high yielding industrial REITs that pay monthly!

2 Monthly-Paying REITs In The Hottest Sector Of Commercial Real Estate

Ryman Hospitality Properties

There are plenty of stocks, especially in the real estate sector, that are trading at attractive valuations right now. Prologis is down about 25% from the highs, and its earnings don't accurately reflect the strength of its business.

The Stock Market Just Hit an All-Time High -- But These Stocks Still Trade at a Discount

CareTrust REIT

Public Storage

Public Storage's superior balance sheet positions it incredibly well amid higher interest rates.  Prologis is above-average in almost every aspect.

These 3 Dividend Stocks Are Anything but Average

Alibaba

Jumia

Pinduoduo Inc - ADR

Shopify

Visa

Walmart

In the wake of a rebounding economy and falling inflation rates, e-commerce stocks are poised to take center stage in 2024. The recent surge in sales during the holiday season hints at a power-packed fourth quarter performance for online retailers, laying a promising foundation for the forthcoming year.

The 7 Best E-Commerce Stocks to Invest In for Big Gains in 2024

Prologis has benefitted from rent increases on expiring leases. Those hikes will, however, eventually run their course for the warehouse owner.

Forget Rent Hikes, This Is Where Long-Term Growth Will Come From for Prologis

In April 2019, I wrote an article for InvestorPlace.com discussing three reasons to start buying the Vanguard Real Estate ETF (NYSEARCA: VNQ ). At the time, REITs (real estate investment trusts) were rocketing higher.

Bucking the Bear: 3 Vanguard Real Estate ETF Stock Picks Set to Shine

SAN FRANCISCO , Jan. 26, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the tax treatment of its 2023 distributions. Exhibits A and B reflect the tax treatment of distributions per share of Prologis, Inc. common and preferred stock, respectively, as prescribed by the Internal Revenue Code.

Prologis Announces Tax Treatment of 2023 Dividends

Annaly Capital

Rexford Industrial Realty

Warehouse giant Prologis is seeing significant rent growth, and it has raw land to build on. Rexford Industrial is highly concentrated in California, but it happens to be a very advantageous market.

2 REIT Stocks to Buy Hand Over Fist and 1 to Avoid

EPR Properties

Mid-America Apartment Communities

Fading supply headwinds could give Prologis a boost. Resurgent rent growth could cause MAA's stock to rebound.

These 3 Dividend Stocks Are Set to Soar in 2024 and Beyond

Broadcom

Domino's Pizza

Equinix

FactSet Research Systems

Intercontinental Exchange

Paycom Software

Several companies have already increased their dividends in 2024. Many more will likely give their investors a raise this year.

7 Stocks Ready for Dividend Hikes in 2024

American Tower

JPMorgan BetaBuilders MSCI US REIT ETF

Crown Castle International

iShares CMBS ETF

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equity LifeStyle Properties

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Jones Lang LaSalle

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

iShares MBS ETF

Medical Properties Trust

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Real estate earnings season kicked into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. The sector with perhaps the most to gain from moderating inflation and a normalization in Fed monetary policy, REITs enter earnings season with upside momentum after a dismal eighteen-month stretch. Sentiment and macroeconomic conditions have improved significantly in the past quarter, fueled by several months of encouraging inflation data pointing once again towards a "soft landing" for the domestic economy.

REIT Earnings Preview: Animal Spirits Revived?

News for Prologis Stock (PLD)