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    Prologis Inc (PLD)

    Official site

    REAL ESTATE • REIT - INDUSTRIAL • NYSE

    $126.95
    -3.51 (-2.69%)

    Market Cap: $126.82B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    92%(36/39)
    Avg Surprise
    +55.85%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$1.11
    Range$0.14 - $1.51
    4 analysts
    Revenue Consensus
    $2.3B
    Range$2.2B - $2.3B
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.11---
    Sep 26
    Reported Oct 15
    $N/A$1.58N/ABeat-
    Jun 26
    Reported Jul 16
    $1.63$1.53+6.54%Beat+171.7%
    Mar 26
    Reported Apr 16
    $1.02$0.72+41.67%Beat+64.5%
    Dec 25
    Reported Jan 21
    $1.46$0.68+114.71%Beat+6.6%
    Sep 25
    Reported Oct 15
    $0.80$0.73+9.59%Beat-25.9%
    Jun 25
    Reported Jul 16
    $0.60$0.73-17.81%Miss-34.8%
    Mar 25
    Reported Apr 16
    $0.62$0.63-1.59%Miss-1.6%
    Dec 24
    Reported Jan 21
    $1.37$0.68+101.47%Beat+101.5%
    Sep 24
    Reported Oct 16
    $1.08$0.64+68.75%Beat+35.0%
    Jun 24
    Reported Jul 17
    $0.92$0.60+53.33%Beat-29.8%
    Mar 24
    Reported Apr 17
    $0.63$0.56+12.50%Beat+26.0%
    Dec 23
    Reported Jan 17
    $0.68$0.62+9.68%Beat+9.7%
    Sep 23
    Reported Oct 17
    $0.80$0.59+35.59%Beat-39.4%
    Jun 23
    Reported Jul 18
    $1.31$0.99+32.32%Beat+63.7%
    Mar 23
    Reported Apr 18
    $0.50$0.56-10.71%Miss-66.7%
    Dec 22
    Reported Jan 18
    $0.62$0.54+14.81%Beat-62.9%
    Sep 22
    Reported Oct 19
    $1.32$1.21+9.09%Beat+36.1%
    Jun 22
    Reported Jul 18
    $0.80$0.66+21.21%Beat-1.2%
    Mar 22
    Reported Apr 19
    $1.50$0.58+158.62%Beat+206.1%
    Dec 21
    Reported Jan 19
    $1.67$0.63+165.08%Beat+339.5%
    Sep 21
    Reported Oct 15
    $0.97$0.47+106.38%Beat+142.5%
    Jun 21
    Reported Jul 19
    $0.81$0.44+84.09%Beat+50.0%
    Mar 21
    Reported Apr 19
    $0.49$0.41+19.51%Beat-30.0%
    Dec 20
    Reported Jan 26
    $0.38$0.38+0.00%Beat-37.7%
    Sep 20
    Reported Oct 20
    $0.40$0.31+29.03%Beat-43.7%
    Jun 20
    Reported Jul 21
    $0.54$0.48+12.50%Beat-10.0%
    Mar 20
    Reported Apr 21
    $0.70$0.42+66.67%Beat+27.3%
    Dec 19
    Reported Jan 22
    $0.61$0.41+48.78%Beat-35.1%
    Sep 19
    Reported Oct 15
    $0.71$0.50+42.00%Beat+18.3%
    Jun 19
    Reported Jul 15
    $0.60$0.33+81.82%Beat-3.2%
    Mar 19
    Reported Apr 16
    $0.55$0.35+57.14%Beat-19.1%
    Dec 18
    Reported Jan 22
    $0.94$0.33+184.85%Beat+70.9%
    Sep 18
    Reported Oct 16
    $0.60$0.31+93.55%Beat+5.3%
    Jun 18
    Reported Jul 17
    $0.62$0.38+63.16%Beat+24.0%
    Mar 18
    Reported Apr 17
    $0.68$0.38+78.95%Beat+78.9%
    Dec 17
    Reported Jan 23
    $0.55$0.37+48.65%Beat-32.9%
    Sep 17
    Reported Oct 17
    $0.57$0.36+58.33%Beat-
    Jun 17
    Reported Jul 18
    $0.50$0.44+13.64%Beat-
    Mar 17
    Reported Apr 18
    $0.38$0.31+22.58%Beat-
    Dec 16
    Reported Jan 24
    $0.82$0.24+241.67%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.37%
    Forward Annual Dividend$4.28
    Payout Ratio75.13%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+8.53%
    5Y CAGR+11.73%

    Key Metrics

    Valuation
    P/E Ratio25.86EV/EBITDA20.35x
    Price/FCF34.63xFCF Yield2.89%
    Profitability
    Profit Margin43.60%Operating Margin43.00%
    ROE7.75%ROIC5.57%
    Financial Health
    Debt/Equity0.68xInterest Coverage5.07x
    Current Ratio0.70xQuick Ratio0.70x
    Trading Statistics
    Beta1.32Avg Volume4.07M
    52-Week High$152.1452-Week Low$117.48

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$129.52
    SMA 20$131.28
    SMA 50$135.35
    SMA 200$136.67
    EMA 10$130.10
    EMA 20$131.27
    EMA 50$134.44
    EMA 200$133.82

    MACD

    Line: -1.74Signal: -1.92Hist: 0.19

    ADX

    ADX: 37.0+DI: 19.2-DI: 31.2

    Aroon & PSAR

    Aroon Up28.0
    Aroon Down100.0
    PSAR$136.31

    Bollinger Bands

    Upper Band$137.04
    Lower Band$125.52
    %B Position878%(Upper)
    Band Width0.12

    RSI (14-Day)

    Neutral
    36.5

    Momentum Oscillators

    Stoch %K39.7
    Stoch %D51.3
    Williams %R-92.1
    ROC (10d)-1.0%
    Momentum-1.23
    CCI (20d)-82.7
    MFI (14d)37.6

    Volatility Measures

    ATR (14d)$2.77(2.2%)
    StdDev (20d)2.88
    Hist Vol20.1%(Moderate)

    Volume Flow

    VWAP$128.47
    OBV47.4M
    AD Line-2.0B
    CMF (20d)-0.112

    Volume Metrics

    Avg Vol (20d)4.2M
    Vol Ratio1.6x(High)
    VWMA (20d)$131.04

    Pivot Points

    R3$137.66
    R2$135.93
    R1$133.19
    Pivot Point$131.46
    S1$128.72
    S2$126.99
    S3$124.25

    Advanced Oscillators

    TSI-20.96
    Ultimate Osc39.3
    KST-50.60

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.43B$2.30B$2.25B$2.21B$2.18B$2.14B$2.20B$2.04B$2.01B$1.96B$1.89B$1.91B
    Cost of Revenue$530.86M$520.28M$503.22M$484.63M$487.96M$488.32M$438.47M$427.43M$445.24M$454.26M$408.23M$416.08M
    Gross Profit$1.89B$1.78B$1.75B$1.73B$1.70B$1.65B$1.76B$1.61B$1.56B$1.50B$1.48B$1.50B
    Operating Expenses$643.25M$566.38M$123.01M$788.99M$783.19M$772.93M$340.92M$357.99M$539.38M$782.01M$646.17M$616.48M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$149.79M$137.01M$152.83M$119.39M$118.58M$124.35M$110.40M$113.84M$118.04M$123.53M$119.98M$109.02M
    Operating Income$1.25B$1.21B$1.63B$940.26M$912.71M$878.41M$1.42B$1.25B$1.02B$720.36M$834.85M$882.11M
    Interest Income$147.47M$93.30M$134.11M$92.83M$107.69M$67.90M$94.06M$84.75M$102.34M$72.47M$89.44M$71.36M
    Interest Expense$276.34M$256.18M$263.95M$258.27M$251.87M$231.75M$232.23M$230.11M$208.27M$192.78M$174.45M$181.05M
    Income Before Tax$1.23B$1.09B$1.56B$875.79M$645.71M$682.90M$1.43B$1.07B$954.56M$663.61M$734.38M$840.38M
    Income Tax Expense$108.17M$47.97M$82.69M$54.53M$23.41M$43.38M$86.87M$4.21M$43.06M$32.80M$58.50M$41.24M
    Net Income$1.12B$1.04B$1.48B$821.26M$622.30M$639.52M$1.34B$1.06B$911.50M$630.81M$675.88M$799.14M
    EBITDA$1.91B$1.84B$2.22B$1.55B$1.28B$1.34B$2.07B$1.72B$1.57B$1.28B$1.33B$1.44B
    EBIT$1.36B$1.26B$1.69B$1.04B$789.88M$846.75M$1.57B$1.21B$1.06B$783.92M$819.39M$950.07M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    -$4464
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    0
    Avg Remaining Term
    N/A

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    PLD Valuation and Fair Value

    P/E
    25.9x
    Forward P/E
    29.1x
    EV/EBITDA
    20.3x
    P/FCF
    34.6x
    PEG
    116.6x
    P/B
    2.2x
    See GNG's fair value

    PLD Profitability: Margins, ROIC and FCF

    Gross margin
    77.8%
    Operating margin
    43.0%
    Net margin
    43.6%
    ROIC
    5.6%
    ROE
    7.8%
    FCF margin
    37.2%
    FCF yield
    2.9%

    PLD Analyst Ratings

    Consensus
    Buy
    Analysts
    17
    Strong Buy
    3
    Buy
    7
    Hold
    7
    Sell
    0
    Strong Sell
    0

    PLD Bull Case vs Bear Case

    Bull case

    • PLD converts 37.2% of revenue into free cash flow.
    • PLD has a 43.6% net profit margin.
    • PLD beat EPS estimates in 75.0% of its last 8 reported quarters.

    PLD Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    40.4%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $1.11

    PLD Dividend

    Forward yield
    3.4%
    Payout ratio
    75.1%
    3Y DPS growth
    8.5%
    5Y DPS growth
    11.7%
    Pay months
    Mar, Jun, Sep, Dec
    PLD dividend history

    Frequently Asked Questions About PLD

    What is PLD's current dividend yield?

    Prologis Inc (PLD) has a forward dividend yield of 3.37%.

    Does PLD pay dividends?

    Yes, Prologis Inc pays dividends with a forward dividend yield of 3.37%.

    What is PLD's P/E ratio?

    Prologis Inc has a price-to-earnings (P/E) ratio of 25.86.

    What is PLD's market cap?

    Prologis Inc (PLD) has a market capitalization of $126.82B with a current stock price of $126.95.

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