Revenue segments as reported by the company.

Rental

Strategic capital

Development management and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

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Gains on dispositions of development properties and land, net

Gains on other dispositions of investments in real estate, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Prologis

Prologis, Inc. engages in the provision of real estate investment trust services. It operates through Real Estate Operations and Strategic Capital segments. The Real Estate Operations segment represents the ownership and development of logistics properties and also includes rental revenues, recoveries and expenses recognized from its consolidated properties. The Strategic Capital segment represents the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Prologis exceeds Q4 forecasts, eyes rent growth and development opportunities

Prologis reported outstanding Q4 2022 earnings, with strong leasing metrics and financial performance. Despite challenges from fund redemptions and market uncertainties, the company remains optimistic about rent growth and development opportunities in 2023.

Prologis reports strong Q1 performance, eyes growth amid market challenges

Prologis delivered a robust performance in Q1 2023, marked by high occupancy rates, record same-store growth, and strategic financial maneuvers to enhance liquidity and core FFO projections.
While facing challenges in moderating construction costs and potential rising vacancy rates, the company's strengths in tenant retention, market positioning, and credit stability position it well for future growth.
Opportunities lie in capitalizing on market rent growth projections, investing in property funds, and leveraging stable consumer behavior and e-commerce trends for sustained success.
Prologis remains resilient in navigating market dynamics, celebrating its 40th anniversary with a forward-looking approach to drive shareholder value and capitalize on emerging opportunities.

Prologis surpasses Q2 forecasts, eyes global growth amid market challenges

Prologis demonstrated strong financial performance, highlighted by exceeding earnings expectations and strategic acquisitions. While facing challenges in specific markets, the company's focus on global diversification and long-term growth positions them well for future opportunities. By leveraging market trends and maintaining a solid balance sheet, Prologis aims to drive sustained growth and value for investors.

Prologis reports strong Q3 performance amidst market challenges and opportunities

Prologis remains confident in its long-term performance and growth opportunities despite challenges in certain markets. The company adjusted guidance with a focus on increased occupancy and same-store growth, while maintaining a cautious outlook on geopolitical risks and market uncertainties.

Prologis reports resilient earnings growth and eyes international market opportunities

Prologis reported a successful year with 11% earnings growth and $7 billion deployed into new investments. Despite challenges in market vacancy and declining global rents, the company remains resilient.
The focus on international markets, strong acquisition pipeline, and strategic forecasting of positive rent growth align Prologis for continued success in 2024. Challenges in development starts and market dynamics require proactive strategies.
Opportunities lie in market rent growth, increased net absorption, and adapting to changing tenant mindsets. Prologis' strengths in high occupancy, diverse portfolio, and sustainability initiatives position it well for future growth.
Navigating challenges in market trends and seizing opportunities for expansion and profitability will be key for Prologis in the coming year. The company's ability to leverage strengths and address challenges will determine its success in a dynamic market environment.

Prologis reports strong Q1 earnings amidst market challenges

Prologis had a strong financial performance in Q1 2024 but faced challenges due to market conditions. Despite geopolitical concerns and rising interest rates, the company remains confident in its long-term prospects.

Prologis excels in Q2 with robust leasing and occupancy performance

Prologis delivered a strong performance in Q2, surpassing expectations in leasing and occupancy. While facing challenges in decision-making and market uncertainties, the company remains well-positioned to capitalize on growth opportunities.

Prologis reports solid Q3 results, eyes sustainability and global growth

Prologis had a robust quarter with strong financial performance and strategic initiatives
While facing challenges like market rent declines, the company remains optimistic about its outlook
Opportunities lie in sustainability efforts, market expansion, and operational efficiency
Overall, Prologis is well-positioned to navigate market dynamics and drive growth

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

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Inventory

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Stockholders equity

Minority interest

Total liabilities & equity

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Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Prologis, Inc. engages in providing logistics solutions and services. It operates in the Real Estate and Strategic Capital segments. The Real Estate segment represents the ownership and development of operating properties and is the largest component of revenue and earnings. The Strategic Capital segment refers to the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

American Homes 4 Rent

Apple Hospitality REIT

Broadstone Net Lease

City Office REIT

Cousins Properties

Douglas Emmett

EastGroup Properties

EPR Properties

Equinix

Host Hotels & Resorts

Innovative Industrial Properties

Invitation Homes

InvenTrust Properties Corp

Kilroy Realty

NewLake Capital Partners, Inc.

Realty Income Corp

Park Hotels & Resorts

Rexford Industrial Realty

Vici Properties

REITs are performing well and expected to continue to rise, with potential for a 45% increase in the next 2-3 years. If the Fed reduces the prime rate, REIT yields will become more competitive with bonds and treasuries. REIT balance sheets are in good condition, with low debt ratios and valuations coming back into the low end of their normal range.

Top 12 REITs For The Next 12 Months

Extra Space Storage

STAG Industrial

Stag Industrial is using its roofs to support community solar energy projects. Prologis has big plans to grow its essentials portfolio.

These Dividend Stocks Are Turning to the Sun to Generate More Income

Public Storage

Real estate investment trusts, commonly known as REITs, faced challenges in 2023, marked by a widespread decline in most stocks. The surge in interest rates contributed to investor hesitancy, mainly due to the substantial debt often associated with these businesses.

Top 3 REITs for 2024

In the latest trading session, Prologis (PLD) closed at $133.30, marking a -1.4% move from the previous day.

Prologis (PLD) Sees a More Significant Dip Than Broader Market: Some Facts to Know

AvalonBay Communities

Camden Property

Equity Residential

Mid-America Apartment Communities

Simon Property Group

Blue chip REITs are high-quality companies with access to equity and debt, stable earnings, and conservative dividend policies. Eight A-rated REITs with strong balance sheets and credit ratings are highlighted, including Realty Income, Equity Residential, AvalonBay, Simon Property Group, Prologis, Public Storage, MidAmerica, and Camden Property. These REITs have demonstrated consistent growth in adjusted funds from operations and dividends, making them attractive investments.

Who's Buying These 'Fortress' A-Rated REITs?

SAN FRANCISCO , Dec. 28, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss fourth quarter results, current market conditions and future outlook on Wednesday, January 17, 2024, at 9:00 a.m. PT/12:00 p.m.

Prologis to Announce Fourth Quarter 2023 Results January 17

Vanguard Dividend Appreciation ETF

Vanguard Real Estate ETF

Dividend growth rate is an underrated aspect of dividend investing. Companies that start with lower yields but grow the dividend rapidly end up paying higher yields over time and outperforming on share price. In other words, they beat the world. Who are they? This article lists the top 10 dividend-growth REITs, with safe yields of 2.00% or better. The results are sometimes surprising.

World Beaters: 10 Double-Digit Dividend Growth REITs

Prologis has outperformed REIT averages and ETFs by participating in value creation through developing new real estate assets. The company plans to continue this strategy and expand into energy generation, EV charging, and data center assets. Prologis aims to become a leading energy company, with plans to scale its solar, storage, and mobility assets and generate significant revenue.

Prologis: More Than Just A REIT, It's A Leading Energy Company And Much More

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.

Why Prologis (PLD) is a Top Stock for the Long-Term

SAN FRANCISCO , Dec. 21, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced that Vice Chairman Gene Reilly will be retiring at year end, after which he will serve as a senior advisor through April 2024.  Reilly has played a critical leadership role in almost every respect of the company's growth and evolution for more than two decades.

Prologis Vice Chairman Gene Reilly to Retire

SPDR Dow Jones REIT ETF

Tricon Residential

Canadian REITs have not participated in the recent REIT rally, potentially leading to potential opportunistic cheapness. Canadian REITs are significantly cheaper than U.S. REITs, with lower cashflow multiples and greater discounts to net asset value. However, higher leverage and smaller market caps make them riskier as well.

Canadian REITs Are Getting Interesting

Brookfield Asset Management

Blackstone Group

I used to invest only in private equity real estate. But these days, I focus mainly on REITs. Here's why.

Why I Quit Private Equity Real Estate To Buy REITs Instead

Prologis is a high-quality REIT with strong growth potential, well-diversified in over 19 countries. The industrial industry is experiencing secular growth, driven by companies like Amazon and FedEx. Prologis has a well-covered dividend, stellar growth, and an A-rated balance sheet, making it a strong investment option for 2024.

Prologis: 4 Reasons You Should Own This REIT Going Into 2024 And Beyond

Prologis (PLD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Prologis (PLD) Stock Jumps 6.1%: Will It Continue to Soar?

American Assets

Agree Realty

Alexandria Real Estate Equities

Crown Castle International

National Retail Properties

The real estate sector has been one of the worst-performing sectors in 2023, but recently crossed into positive territory. Rising interest rates have negatively impacted REITs, but with the hiking cycle all but completed, REITs are starting to recover. There are opportunities to buy high-quality REITs at attractive valuations for 2024.

10 Of The Best REITs To Buy For 2024

Macerich

The latest decision of the Fed to hold its benchmark rate steady and the indications of three rate cuts next year should give REIT investors enough reason to rejoice.

REITs Rejoice as the Fed Indicates Three Rate Cuts in 2024

Essex Property Trust

I built a model portfolio that consists of the highest-quality REITs using our proprietary tracker. I want to highlight the safest, highest-quality REITs on the market. I also want to show that investors can still outperform the market with safe stocks.

Income, Growth And Safety - How To Play It Safe And Still Win Big

American Tower

Federal Realty Investment Trust

At first blush, the case for reliable REITs – that is, real estate investment trusts – might not seem relevant. After all, the U.S. jobs market continues to print impressive figures that beat analysts' estimates.

Property Pillars: 7 REITs for Reliable Income in Shaky Times

Prologis (PLD) reachead $122.07 at the closing of the latest trading day, reflecting a +0.06% change compared to its last close.

Prologis (PLD) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Earnings Growth & Price Strength Make Prologis (PLD) a Stock to Watch

CBRE Group

Digital Realty Trust

Jones Lang LaSalle

Real estate investments are highly sensitive to changes in interest rates. Since 2022, the Federal Reserve has aggressively raised interest rates, creating challenges for commercial real estate companies.

Let's Look Back on 3 Commercial Real Estate Trends That Emerged in 2023

SAN FRANCISCO , Dec. 11, 2023 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced it will hold an Investor Forum on Wednesday, December 13, 2023, from 9:00 a.m.- 3:00 p.m.

Prologis to Host Investor Forum in New York City on December 13

CareTrust REIT

Kite Realty Group

The realm of real estate investment trusts (REITs) has had it incredibly rough in 2023 in contrast to the S&P 500's double-digit gains. Consequently, this environment makes selecting the best REITs a challenging task.

The 7 Best REITs Stocks to Buy in December

Prologis (PLD) closed the most recent trading day at $119.05, moving +0.34% from the previous trading session.

Prologis (PLD) Increases Despite Market Slip: Here's What You Need to Know

News for Prologis Stock (PLD)