Prologis Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,971	3,565	3,948	3,253	3,555	3,149
Depreciation & Amortization	2,705	2,626	2,581	2,485	1,813	1,578
Stock-Based Compensation	192.94	185.47	231.75	267.65	175.36	113.03
Other Adjustments	-1,515	-1,172	-1,701	-785.08	-1,455	-1,692
Changes in Other Operating Activities	-217.77	-196.49	-147.07	152.45	37.72	-151.65
Operating Cash Flow	5,136	5,008	4,912	5,373	4,126	2,996
Operating Cash Flow Growth	2.36%	1.96%	-8.58%	30.21%	37.73%	2.01%
Capital Expenditures	-4,895	-5,471	-6,420	-8,287	-6,161	-5,459
Sale of Property, Plant & Equipment	2,713	2,246	3,790	1,764	2,064	4,222
Purchases of Investments	-435.53	-488.93	-540.56	-284.19	-442.37	-798.1
Proceeds from Sale of Investments	339.22	104.43	58.34	385.28	76.99	58.28
Payments for Business Acquisitions	-	-	-	-33.01	-92.05	-
Other Investing Activities	-20.48	-20.8	13.02	34.88	55.82	-13.21
Investing Cash Flow	-2,481	-3,630	-3,099	-6,419	-4,499	-1,990
Short-Term Debt Issued	14.64	-203.92	-730.08	-567.08	294.16	323.34
Net Short-Term Debt Issued (Repaid)	14.64	-203.92	-730.08	-567.08	294.16	323.34
Long-Term Debt Issued	3,102	3,461	4,506	5,755	4,116	3,598
Long-Term Debt Repaid	-1,317	-701.86	-919.48	-272.2	-1,381	-2,560
Net Long-Term Debt Issued (Repaid)	1,785	2,759	3,586	5,483	2,735	1,038
Issuance of Common Stock	-	-	-	-	-	0.74
Net Common Stock Issued (Repurchased)	-	-	-	-	-	0.74
Common Dividends Paid	-3,825	-3,765	-3,570	-3,229	-2,495	-1,873
Other Financing Activities	-420.95	-354	-285.75	-366.95	-419.14	-497.06
Financing Cash Flow	-2,446	-1,564	-999.96	1,320	115.79	-1,008
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-18.9	12.69	-24.99	-22.04	-20.8	-39.63
Net Cash Flow	190.03	-172.94	788.2	251.91	-277.63	-41.97
Free Cash Flow	240.42	-462.91	-1,508	-2,914	-2,035	-2,463
FCF Margin	2.69%	-5.27%	-18.39%	-36.31%	-34.06%	-51.76%
Free Cash Flow Per Share	0.25	-0.48	-1.58	-3.06	-2.51	-3.22
Levered Free Cash Flow	3,104	2,836	2,595	2,320	2,078	261.4
Unlevered Free Cash Flow	848.41	187.7	-1,014	-2,753	-2,114	-2,500

SEC Filings: 10-K · 10-Q