Prologis Financial Statements
NYSE: PLDReal EstateREIT - IndustrialUSD
At close: Oct 7, 4:02 PM ET · Delayed 15 min
After hours: 127.30 -0.02%
Prologis revenue and earnings
In fiscal 2025, Prologis generated $8.79 billion in revenue, up 7.2% from fiscal 2024, its 11th consecutive year of revenue growth. Net income was $3.33 billion (-10.8% year over year), for a net margin of 37.9% versus a median of 45.5% in the prior 5 years. Operating margin was 49.6%.
Diluted earnings per share came in at $3.56, down from $4.01. Over the last 5 fiscal years, PLD's revenue has grown at a 14.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Prologis income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.79B | 8.20B | 8.02B | 5.97B | 4.76B | 4.44B | 3.33B | 2.80B | 2.62B | 2.53B |
| Revenue growth (YoY) | +7.18% | +2.22% | +34.31% | +25.51% | +7.23% | +33.27% | +18.76% | +7.12% | +3.36% | +64.91% |
| Operating Expenses | -2.28B | -2.10B | -2.06B | -1.55B | — | — | — | 1.96B | 1.85B | 1.86B |
| Operating Income | 4.36B | 4.42B | 3.71B | 3.47B | 3.21B | 2.12B | 1.85B | 1.69B | 1.95B | 668.38M |
| Interest Expense | 1.00B | 863.93M | 641.33M | 309.04M | 266.23M | 314.51M | 239.95M | 229.14M | 274.49M | 303.15M |
| Other Income (Expense) | -588.55M | -301.04M | -243.61M | 223.27M | 115.85M | -371.86M | -73.40M | 198.29M | -138.46M | 678.73M |
| Pretax Income | 3.77B | 4.11B | 3.46B | 3.69B | 3.32B | 1.75B | 1.78B | 1.89B | 1.82B | 1.35B |
| Income Tax | 204.02M | 166.94M | 211.04M | 135.41M | 174.26M | 130.46M | 74.52M | 63.33M | 54.61M | 54.56M |
| Net Income | 3.33B | 3.73B | 3.06B | 3.36B | 2.94B | 1.48B | 1.57B | 1.65B | 1.65B | 1.21B |
| Net Income growth (YoY) | -10.81% | +21.98% | -9.08% | +14.46% | +98.39% | -5.79% | -4.63% | -0.18% | +36.56% | +39.16% |
| EPS (Basic) | 3.58 | 4.02 | 3.30 | 4.28 | 3.97 | 2.02 | 2.48 | 2.90 | 3.10 | 2.29 |
| EPS (Diluted) | 3.56 | 4.01 | 3.29 | 4.25 | 3.94 | 2.01 | 2.46 | 2.87 | 3.06 | 2.27 |
| Shares Outstanding (Basic) | 928.47M | 926.17M | 924.35M | 785.67M | 739.36M | 728.32M | 630.58M | 567.37M | 530.40M | 526.10M |
| Shares Outstanding (Diluted) | 956.83M | 953.59M | 951.79M | 811.61M | 764.76M | 754.41M | 654.90M | 590.24M | 552.30M | 546.67M |
| EBITDA | 6.98B | 7.00B | 6.19B | 5.28B | 4.78B | 3.68B | 2.99B | 2.64B | 2.83B | 1.60B |
| Operating Margin | 49.58% | 53.84% | 46.21% | 58.05% | 67.38% | 47.74% | 55.54% | 60.19% | 74.63% | 26.39% |
| Net Margin | 37.86% | 45.50% | 38.13% | 56.33% | 61.77% | 33.38% | 47.23% | 58.81% | 63.11% | 47.76% |
This table shows 10 annual periods of Prologis's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow PLD's reporting calendar. What is a income statement?