PROLOGIS financials
$132.61+0.13%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.79B | $8.20B | $8.02B | $5.97B | $4.76B | $4.44B | $3.33B | $2.80B | $2.62B | $2.53B |
| Gross profit | $6.83B | $6.44B | $6.40B | $4.77B | $3.72B | $3.49B | $2.60B | $2.20B | $2.05B | $1.96B |
| Gross margin | 77.7% | 78.5% | 79.7% | 79.8% | 78.1% | 78.6% | 78.0% | 78.6% | 78.2% | 77.5% |
| Operating income | $3.41B | $3.10B | $3.08B | $2.28B | $1.62B | $1.40B | $991.9M | $847.0M | $771.1M | $668.4M |
| Net income | $3.32B | $3.73B | $3.05B | $3.36B | $2.93B | $1.47B | $1.57B | $1.64B | $1.64B | $1.20B |
| Net margin | 37.8% | 45.4% | 38.1% | 56.2% | 61.6% | 33.2% | 47.0% | 58.6% | 62.7% | 47.5% |
| Diluted EPS | $3.56 | $4.01 | $3.29 | $4.25 | $3.94 | $2.01 | $2.46 | $2.87 | $3.06 | $2.27 |
| EBITDA | $5.35B | $5.03B | $4.96B | $3.83B | $1.62B | $2.84B | $2.03B | $1.73B | $1.57B | $1.51B |
| Operating cash flow | $5.01B | $4.91B | $5.37B | $4.13B | $3.00B | $2.94B | $2.26B | $1.80B | $1.72B | $1.62B |
| Free cash flow | $2.23B | $1.71B | $1.97B | $457.5M | -$2.46B | -$593.2M | -$859.4M | -$1.38B | -$593.4M | -$747.7M |
| Diluted shares | 956.8M | 953.6M | 951.8M | 811.6M | 764.8M | 754.4M | 654.9M | 590.2M | 552.3M | 546.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.15B | $1.32B | $530.4M | $278.5M | $556.1M | $598.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $35.04B | $30.88B | $29.00B | $23.88B | $17.72B | $16.85B |
| Total assets | $98.72B | $95.33B | $93.02B | $87.90B | $58.49B | $56.07B |
| Total liabilities | $40.97B | $36.71B | $35.20B | $30.03B | $20.74B | $19.74B |
| Shareholders' equity | $57.75B | $58.62B | $57.82B | $57.86B | $37.74B | $36.32B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology