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PrologisPLD

Industrial REITs · San Francisco, California · In the S&P 500
High quality
$127.98−0.03%After hours: $127.98 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 3.7% over 1 year
Prologis over 1 yearDaily close, $, to 30 Oct 2026
$130$140$150Nov2026MarMayJulSep$127.98$140$150NovMarJul$127.98
Source: Nasdaq daily closes
Market value$122B
Price to earnings28.2x
Forward P/E40.2x
Dividend yield3.30%
Year to date+0.3%
One year+3.7%
Next earningsNot scheduled
SectorReal Estate
52-week range (closes)
$122.40$150.06

Quality and valuation

How Prologis compares with other real estate stocks. A description, not a recommendation.

Prologis and 7 industrial reits peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: in line with its sector

A stronger business than most real estate companies, priced about in line with them.

Prologis trades at 40.2 times the next 12 months of expected earnings, against a median of 35.1x for the 30 real estate stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +6.7% vs +5.5%
  • More profitable (operating margin): 52.4% vs 37.2%
PLD trades at 40.2x forward earnings, above the sector medianForward p/e, Industrial REITs peers
AMT27.8xSPG31.4xPSA33.0xO34.7xPLD40.2xEQIX57.0xDLR76.9xWELL82.7xSector median 35.1xAMT27.8xSPG31.4xPSA33.0xO34.7xPLD40.2xEQIX57.0xDLR76.9xWELL82.7xSector median 35.1x
Source: CNBC quotes; Mostly Markets
At 32.2x earnings, PLD is cheaper than its average since Apr 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x40xAverage 34.1x2025202632.2x30x40xAverage 34.1x2025202632.2x
Source: Nasdaq prices; SEC filings

Financials

From Prologis's SEC filings, through the quarter ending 31 Mar 2026. Hover or tap a bar for its value.

Revenue grew 7.4% from a year earlierQuarterly revenue, $bn, latest Q1 ’26
$0bn$1bn$2bnQ2 ’24Q4 ’24Q2 ’25$2.3bnQ1 ’26$0bn$1bn$2bnQ2 ’24Q4 ’24Q2 ’25$2.3bnQ1 ’26
Source: SEC filings
Growth sped up to +7.4% last quarterRevenue growth, year on year, %
−10%0%10%Q2 ’24Q4 ’24Q2 ’257.4%Q1 ’260%Q2 ’24Q4 ’24Q2 ’257.4%Q1 ’26
Source: SEC filings
Operating margin was 52.7% last quarterOperating income as a share of revenue, %
0%20%40%60%Q2 ’24Q4 ’24Q2 ’2552.7%Q1 ’260%25%50%Q2 ’24Q4 ’24Q2 ’2552.7%Q1 ’26
Source: SEC filings
Diluted EPS was $1.05 last quarterQuarterly diluted earnings per share, $
$0.0$0.5$1.0Q2 ’24Q4 ’24Q2 ’25$1.05Q1 ’26$0.0$0.5$1.0Q2 ’24Q4 ’24Q2 ’25$1.05Q1 ’26
Source: SEC filings
Last 12 monthsPLDSector median
Revenue growth+6.7%+5.5%
Operating margin52.4%37.2%
Price to earnings28.2x30.3x

Stories on Prologis

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Similar companies

Industrial REITs, by market value.

CompanyPriceTodayYTDValue
WELLWelltower$234.60+0.61%+26.4%$172B
EQIXEquinix$1,013.70−2.22%+32.3%$100B
AMTAmerican Tower$187.78+1.02%+7.0%$87.09B
SPGSimon Property Group$217.75+0.94%+17.6%$70.45B
DLRDigital Realty$180.70−1.21%+16.8%$67.04B
PSAPublic Storage$324.77+2.43%+25.2%$60.68B
ORealty Income$56.930.00%+1.0%$53.87B
VMRKVivmark Residential$61.90+0.24%−1.8%$47.90B