NYSE: PLD
Prologis, Inc.
Real Estate · REIT - Industrial
Market Cap
$134.76B
52w High
$147.93
52w Low
$103.41
P/E
36.21
Volume
4.28M
Outstanding Shares
932.34M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 34.06% over the last year. Revenue grew 6.72% over the trailing twelve months. Operating margin moved from 54.55% to 38.94%. Free cash flow grew 3.66% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 38.94%. A decisive move in revenue — currently up 6.72% — would be the clearest signal to resolve the ambiguity.
Company profile
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
25
Buy
16
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 16, 2026
Q3 FY26 · EPS est $0.77 · Revenue est $2.16B
View
Dividends
$4.16/shareQuarterlyDividend Achiever · 16yrEx-div Jun 16, 2026 · in 9dAdequatePLD pays a dividend with a 2.88% declared yield, 16 consecutive years of growth, growing at 11.44% annually, covered 1.3× by free cash flow.
Declared Yield
2.88%
Annual Div / Share
$4.16
5yr CAGR
+11.44%
Doubles every ~6.4yr
FCF Coverage
1.3×
Adequate
Dividend Growth Rate
3yr CAGR
+7.81%
5yr CAGR
+11.44%
10yr CAGR
+9.76%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$4/mo
In 10 yrs
$7/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$29/yr $2/mo | $49/yr+72% $4/mo | $85/yr+195% $7/mo |
Yield-on-cost grows from 2.88% → 8.5% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
PLD has raised its dividend for 16 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 11.44% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.