Revenue segments as reported by the company.

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Development management and other

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

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

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Gains on dispositions of development properties and land, net

Gains on other dispositions of investments in real estate, net

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Year over year growth in Revenue and Operating Expenses.

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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 Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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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

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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.

There is a new cycle coming to you, and each cycle brings with it a set of opportunities that leave most investors - maybe you've even been there - hitting their heads and wondering what could have been. Today, you won't have to be in that position; a very particular set of markers are pointing to one stock you won't want to miss.

Prologis stock: Here's why the market is willing to overpay

Prologis is an industrial REIT that owns and leases logistics facilities on four continents. PLD's portfolio is widely diversified, its operational growth is remarkable, and its solvency profile is very attractive. The prices at which the commons and preferreds are trading don't make them good picks for value/income portfolios.

Prologis: Overvalued Common And Preferred Shares

Brookfield Renewable Partners

Investors can double their money in less than six years in stocks that produce a 13% average annual total return. Prologis and Brookfield Renewable have exceeded that rate over the last 10 years.

These Dividend Stocks Can Double Your Money in Under 6 Years

Realty Income Corp

REITs got hit hard by rising interest rates, leading to steep declines across the sector. As interest rate concerns ebbed in the final weeks of 2023, REITs started to rebound.

2 REIT Stocks You Can Buy Right Now Before They Surge Even Higher

Besides Wall Street's top -and-bottom-line estimates for Prologis (PLD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Exploring Analyst Estimates for Prologis (PLD) Q4 Earnings, Beyond Revenue and EPS

Alexandria Real Estate Equities

CoStar Group

Fortune recently reported Capital Economics data that suggests property values for U.S. commercial real estate fell by $590 billion in 2023, will drop another $480 billion in 2024, and a further $120 billion in 2025, a three-year kick-to-the-head of commercial real estate stocks.  “‘A lot of what's going to drive next year is just continued maturities,' or debt coming due at a time when refinancing isn't so cheap, said Kevin Fagan, head of commercial real estate analysis at Moody's Analytics.

3 Commercial Real Estate Stocks Set for a 2024 Comeback

Equinix

Prologis raised its dividend by 10% last year. Equinix gave its investors two sizeable dividend increases in 2023.

These Dividend Growth Juggernauts Gave Their Investors Big Raises in 2023 (and Could Deliver an Encore in 2024)

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How To Build A Dividend Growth Portfolio As A 'Young Investor' With $100,000

Prologis is the world's largest warehouse owner. Equinix boasts the largest data-center network for cloud computing.

2 Hot Stocks to Buy and Hold Until You Retire

Shopify

With consumer sentiment on the rise after a prolonged period of economic uncertainty, the recent Black Friday sales and holiday season are expected to boost Q4 sales and revenue for e-commerce companies. The improving economy and high consumer spending create an optimistic outlook for the new year and point to the strength of e-commerce stocks for 2024.

3 Standout Stocks to Play the E-Commerce Revolution

Despite elevated industrial real estate supply, resilient demand for this asset category is likely to enable Prologis (PLD) to continue performing well in the quarters ahead, given its solid portfolio, accretive buyouts and a healthy balance sheet.

Will Prologis (PLD) Continue Its Winning Streak in 2024?

Global real estate waded out of the murky economic waters of 2023 to close the year in positive territory thanks to sharply falling bond yields from November onwards. According to data provided by UBS, the sector returned 9.8% throughout the year, as bond prices on 10-year US Treasuries surged, leading to a recovery (or the anticipation of) in funding and transactional activity.

Which global real estate stocks are still cheap post-rally?

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Broadstone Net Lease

City Office REIT

Cousins Properties

Douglas Emmett

EastGroup Properties

EPR Properties

Host Hotels & Resorts

Innovative Industrial Properties

Invitation Homes

InvenTrust Properties Corp

Kilroy Realty

NewLake Capital Partners, Inc.

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

News for Prologis Stock (PLD)