Prologis, Inc. (PLD)

Prologis Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	8,004	7,515	6,819	4,913	4,148	3,791
Property Management Fees	41.72	15	4.7	20.94	20.7	10.62
Other Revenue	1,055	1,026	1,507	1,350	995.01	934.36
Total Revenue	9,101	8,555	8,331	6,285	5,164	4,736
Revenue Growth (YoY	10.45%	2.70%	32.56%	21.71%	9.03%	34.14%
Property Expenses	2,176	2,057	2,010	1,509	1,248	1,170
Selling, General & Administrative	434.96	418.77	390.41	331.08	293.17	274.85
Depreciation & Amortization	2,614	2,581	2,485	1,813	1,578	1,562
Other Operating Expenses	37.75	47.04	53.35	40.34	22.44	30.01
Total Operating Expenses	5,262	5,104	4,939	3,693	3,142	3,037
Operating Income	3,839	3,452	3,392	2,591	2,022	1,699
Interest Expense	-974.12	-863.93	-641.33	-309.04	-266.23	-314.51
Currency Exchange Gain (Loss)	4.72	121	-10	-	165.28	-166.43
Other Non-Operating Income	87.73	87.73	97.22	241.62	-	-
EBT Excluding Unusual Items	2,957	2,796	2,838	2,524	1,921	1,218
Gain (Loss) on Sale of Assets	676.53	1,318	623.31	1,187	1,590	717.14
Other Unusual Items	-	0.54	3.28	-20.18	-187.45	-188.29
Pretax Income	3,633	4,115	3,464	3,691	3,323	1,747
Income Tax Expense	208.19	166.94	211.04	135.41	174.26	130.46
Earnings From Continuing Operations	3,425	3,948	3,253	3,555	3,149	1,617
Minority Interest in Earnings	-217.96	-216.3	-193.93	-190.54	-208.87	-134.82
Net Income	3,207	3,732	3,059	3,365	2,940	1,482
Preferred Dividends & Other Adjustments	5.8	5.88	5.84	6.06	6.15	8.69
Net Income to Common	3,202	3,726	3,053	3,359	2,934	1,473
Net Income Growth	4.01%	21.98%	-9.08%	14.46%	98.39%	-5.79%
Basic Shares Outstanding	928	926	924	786	739	728
Diluted Shares Outstanding	955	954	952	812	765	754
Shares Change (YoY)	0.22%	0.19%	17.27%	6.13%	1.37%	15.20%
EPS (Basic)	3.45	4.02	3.30	4.28	3.97	2.02
EPS (Diluted)	3.43	4.01	3.29	4.25	3.94	2.01
EPS Growth	3.74%	21.76%	-22.63%	7.83%	96.35%	-18.51%
Dividend Per Share	3.990	3.840	3.480	3.160	2.520	2.320
Dividend Growth	6.40%	10.35%	10.13%	25.40%	8.62%	9.43%
Operating Margin	42.18%	40.35%	40.71%	41.23%	39.15%	35.88%
Profit Margin	35.18%	43.55%	36.65%	53.45%	56.81%	31.10%
EBITDA	6,467	6,032	5,877	4,404	3,600	3,261
EBITDA Margin	71.06%	70.51%	70.54%	70.08%	69.71%	68.86%
D&A For Ebitda	2,628	2,581	2,485	1,813	1,578	1,562
EBIT	3,839	3,452	3,392	2,591	2,022	1,699
EBIT Margin	42.18%	40.35%	40.71%	41.23%	39.15%	35.88%
Funds From Operations (FFO)	5,905	5,795	5,746	-	-	-
Adjusted Funds From Operations (AFFO)	-	5,795	5,746	-	-	-
Effective Tax Rate	5.73%	4.06%	6.09%	3.67%	5.24%	7.47%
Revenue as Reported	8,738	8,202	8,023	5,974	4,759	4,439

Updated Oct 15, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q