Prologis, Inc. (PLD)

Prologis Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	8,212	8,023	5,974	4,759	4,439	3,331
Revenue Growth (YoY)	25.88%	34.31%	25.51%	7.23%	33.27%	18.76%
Cost of Revenue	2,059	2,010	1,509	1,248	1,170	918.93
Gross Profit	6,152	6,013	4,465	3,511	3,269	2,412
Selling, General & Admin	401.92	390.41	331.08	293.17	274.85	266.72
Other Operating Expenses	1,901	1,915	665.98	10.79	874.84	295.21
Operating Expenses	2,303	2,305	997.06	303.96	1,150	561.93
Operating Income	3,849	3,708	3,468	3,207	2,119	1,850
Interest Expense / Income	698.64	641.33	309.04	266.23	314.51	239.95
Other Expense / Income	-241.61	-203.79	-341.77	-173.21	192.17	-37.66
Pretax Income	3,392	3,270	3,500	3,114	1,612	1,647
Income Tax	211.77	211.04	135.41	174.26	130.46	74.52
Net Income	3,180	3,059	3,365	2,940	1,482	1,573
Preferred Dividends	5.84	5.84	6.06	6.15	8.69	6.01
Net Income Common	3,174	3,053	3,359	2,934	1,473	1,567
Net Income Growth	18.77%	-9.09%	14.50%	99.14%	-5.99%	-4.65%
Shares Outstanding (Basic)	925	924	786	739	728	631
Shares Outstanding (Diluted)	954	952	812	765	754	655
Shares Change	0.24%	17.27%	6.13%	1.37%	15.19%	10.96%
EPS (Basic)	3.43	3.30	4.28	3.97	2.02	2.48
EPS (Diluted)	3.42	3.29	4.25	3.94	2.01	2.46
EPS Growth	6.54%	-22.59%	7.87%	96.02%	-18.29%	-14.29%
Free Cash Flow	-2,865.9	-2,913.63	-2,034.65	-2,463.27	-593.23	-859.45
Free Cash Flow Per Share	-3.10	-3.15	-2.59	-3.33	-0.81	-1.36
Dividend Per Share	3.570	3.480	3.160	2.520	2.320	2.120
Dividend Growth	10.19%	10.13%	25.40%	8.62%	9.43%	10.42%
Gross Margin	74.92%	74.94%	74.74%	73.77%	73.64%	72.41%
Operating Margin	46.87%	46.21%	58.05%	67.38%	47.74%	55.54%
Profit Margin	38.66%	38.06%	56.23%	61.64%	33.19%	47.05%
Free Cash Flow Margin	-34.90%	-36.31%	-34.06%	-51.76%	-13.36%	-25.80%
Effective Tax Rate	6.24%	6.45%	3.87%	5.60%	8.09%	4.52%
EBITDA	6,611	6,396	5,622	4,958	3,489	3,027
EBITDA Margin	80.51%	79.72%	94.11%	104.18%	78.60%	90.89%
Depreciation & Amortization	2,520	2,485	1,813	1,578	1,562	1,140
EBIT	4,091	3,912	3,809	3,380	1,927	1,887
EBIT Margin	49.82%	48.75%	63.77%	71.02%	43.41%	56.67%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).