Prologis, Inc. (PLD)
NYSE: PLD · Real-Time Price · USD
127.67
+2.45 (1.96%)
Oct 29, 2026, 2:57 PM EDT - Market open
Prologis Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 3,328 | 3,732 | 3,059 | 3,365 | 2,940 |
Depreciation & Amortization | 2,626 | 2,581 | 2,485 | 1,813 | 1,578 |
Other Amortization | 85.65 | 78.89 | 74.59 | 23.74 | 8.66 |
Gain (Loss) on Sale of Assets | -943.56 | -1,318 | -623.31 | -1,187 | -1,590 |
Stock-Based Compensation | 185.47 | 231.75 | 267.65 | 175.36 | 113.03 |
Income (Loss) on Equity Investments | 242.41 | 208.85 | 372.97 | 99.61 | 35.78 |
Change in Accounts Receivable | - | - | - | - | -328.51 |
Change in Accounts Payable | 225.61 | 194.55 | 255.06 | 109.03 | 176.86 |
Change in Other Net Operating Assets | -422.1 | -341.61 | -102.61 | -71.31 | - |
Other Operating Activities | -319.29 | -454.48 | -415.39 | -200.49 | 62.15 |
Operating Cash Flow | 5,008 | 4,912 | 5,373 | 4,126 | 2,996 |
Operating Cash Flow Growth | 1.96% | -8.58% | 30.21% | 37.73% | 2.01% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Acquisition of Real Estate Assets | -5,471 | -6,420 | -8,320 | -6,253 | -5,459 |
Sale of Real Estate Assets | 2,246 | 3,790 | 1,764 | 2,064 | 4,222 |
Net Sale / Acq. of Real Estate Assets | -3,225 | -2,630 | -6,555 | -4,190 | -1,237 |
Investment in Marketable & Equity Securities | -384.5 | -482.22 | 64.09 | -365.37 | -739.83 |
Other Investing Activities | -20.8 | 13.02 | 71.88 | 55.82 | -13.21 |
Investing Cash Flow | -3,630 | -3,099 | -6,419 | -4,499 | -1,990 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Long-Term Debt Issued | 3,461 | 4,506 | 5,755 | 4,411 | 3,921 |
Long-Term Debt Repaid | -905.78 | -1,650 | -839.28 | -1,381 | -2,560 |
Net Debt Issued (Repaid) | 2,555 | 2,856 | 4,916 | 3,030 | 1,361 |
Issuance of Common Stock | - | - | - | - | 0.74 |
Repurchase of Common Stock | -23.95 | -30.53 | -24.54 | -27.69 | -19.86 |
Common & Preferred Dividends Paid | -3,765 | -3,570 | -3,229 | -2,495 | -1,873 |
Total Dividends Paid | -3,765 | -3,570 | -3,229 | -2,495 | -1,873 |
Other Financing Activities | -330.05 | -255.22 | -342.41 | -391.45 | -477.2 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Foreign Exchange Rate Adjustments | 12.69 | -24.99 | -22.04 | -20.8 | -39.63 |
Net Cash Flow | -172.94 | 788.2 | 251.91 | -277.63 | -41.97 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Levered Free Cash Flow | 4,770 | 4,578 | 4,864 | 3,926 | 2,882 |
Unlevered Free Cash Flow | 5,311 | 5,040 | 5,190 | 4,096 | 3,040 |
Additional Metrics
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Cash Interest Paid | 842.26 | 710.75 | 457.02 | 234.13 | 278.86 |
Cash Income Tax Paid | 142.7 | 129.9 | 149.1 | 130 | 148.7 |
Change in Working Capital | -196.49 | -147.07 | 152.45 | 37.72 | -151.65 |