Prologis, Inc. (PLD)

Prologis Cash Flow 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
Net Income	3,207	3,732	3,059	3,365	2,940	1,482
Depreciation & Amortization	2,614	2,581	2,485	1,813	1,578	1,562
Other Amortization	84.89	78.89	74.59	23.74	8.66	7.86
Gain (Loss) on Sale of Assets	-676.53	-1,318	-623.31	-1,187	-1,590	-717.14
Stock-Based Compensation	209.1	231.75	267.65	175.36	113.03	109.83
Income (Loss) on Equity Investments	237.38	208.85	372.97	99.61	35.78	153.25
Change in Accounts Receivable	-	-	-	-	-328.51	-127.62
Change in Accounts Payable	222.31	194.55	255.06	109.03	176.86	94.11
Change in Other Net Operating Assets	-259.24	-341.61	-102.61	-71.31	-	-
Other Operating Activities	-453.28	-454.48	-415.39	-200.49	62.15	372.93
Operating Cash Flow	5,186	4,912	5,373	4,126	2,996	2,937
Operating Cash Flow Growth	11.49%	-8.58%	30.21%	37.73%	2.01%	29.72%
Acquisition of Real Estate Assets	-5,458	-6,420	-8,320	-6,253	-5,459	-5,225
Sale of Real Estate Assets	2,342	3,790	1,764	2,064	4,222	2,282
Net Sale / Acq. of Real Estate Assets	-3,116	-2,630	-6,555	-4,190	-1,237	-2,943
Investment in Marketable & Equity Securities	-207.61	-482.22	64.09	-365.37	-739.83	-128.87
Other Investing Activities	-12.48	13.02	71.88	55.82	-13.21	-2.37
Investing Cash Flow	-3,336	-3,099	-6,419	-4,499	-1,990	-3,074
Long-Term Debt Issued	-	4,506	5,755	4,411	3,921	7,825
Long-Term Debt Repaid	-	-1,650	-839.28	-1,381	-2,560	-6,793
Net Debt Issued (Repaid)	2,543	2,856	4,916	3,030	1,361	1,031
Issuance of Common Stock	-	-	-	-	0.74	2.22
Repurchase of Common Stock	-22.39	-30.53	-24.54	-27.69	-19.86	-59.72
Preferred Share Repurchases	-	-	-	-	-	-7.2
Common & Preferred Dividends Paid	-3,716	-3,570	-3,229	-2,495	-1,873	-1,723
Total Dividends Paid	-3,716	-3,570	-3,229	-2,495	-1,873	-1,723
Other Financing Activities	-241.42	-255.22	-342.41	-391.45	-477.2	384.27
Foreign Exchange Rate Adjustments	-7.94	-24.99	-22.04	-20.8	-39.63	18.72
Net Cash Flow	405.15	788.2	251.91	-277.63	-41.97	-490.77
Cash Interest Paid	849.35	710.75	457.02	234.13	278.86	309.39
Cash Income Tax Paid	130.9	129.9	149.1	130	148.7	100.7
Levered Free Cash Flow	4,713	4,578	4,864	3,926	2,882	2,505
Unlevered Free Cash Flow	5,236	5,040	5,190	4,096	3,040	2,694
Change in Working Capital	-36.93	-147.07	152.45	37.72	-151.65	-33.51

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

SEC Filings: 10-K · 10-Q