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

Gross Margin

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

Depreciation and amortization

Other

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

Earnings data Q2 2021

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

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

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 Tower

Alexandria Real Estate Equities

AvalonBay Communities

Blackstone Group

Camden Property

Digital Realty Trust

Healthpeak Properties Inc

EastGroup Properties

Essex Property Trust

Farmland Partners

Federal Realty Investment Trust

Kimco Realty

Lamar Advertising

Macerich

Medical Properties Trust

Realty Income Corp

Omega Healthcare Investors

Public Storage

Regency Centers

iStar Inc

Tanger Factory Outlet Centers

SL Green Realty

Simon Property Group

STAG Industrial

Billionaire Charlie Munger recently warned investors. He said that commercial real estate is facing severe challenges.

Billionaire Investor Says 'Sell Real Estate'

Agree Realty

Mid-America Apartment Communities

National Retail Properties

Vanguard Real Estate ETF

Whitestone REIT

There are certainly some issues facing REITs right now. REITs also enjoy many advantages and strengths that the market seems to be ignoring.

Buy REITs When There's Blood In The Streets

Brookfield Infrastructure Partners L.P.

Rexford Industrial Realty

Supply chain changes are driving new infrastructure investment opportunities. This trend should benefit Brookfield Infrastructure, enabling it to continue growing its dividend.

This Emerging Megatrend Will Be a Huge Boon for These Dividend Stocks

Now is an excellent time for the larger, well-capitalized REITs (like Regency Centers Corporation) to pursue M&A. Shares in most REITs are beaten down, which makes it more difficult for the mid-size companies to transact.

2 Monster REITs That Help Me Sleep Like A Baby

When you hear that a commercial real estate crash is coming, be aware that not all property types are in trouble.

Worried About Commercial Real Estate? This REIT's Investors Shouldn't Be

Equity Residential

Real estate stocks to watch in the stock market today.

Best Stocks To Invest In Now? 2 Real Estate Stocks In Focus

Prologis (PLD) reported earnings 30 days ago. What's next for the stock?

Why Is Prologis (PLD) Down 2% Since Last Earnings Report?

Americold Realty

First Industrial Realty Trust

Industrial Logistics Properties

Indus Realty Trust Inc

Lexington Realty

Plymouth Industrial REIT

Terreno Realty

Demand for Industrial REIT space continues to substantially outpace supply, resulting in astonishing rental spreads averaging over 40%, while occupancy rates and same-store NOI have reached record highs. The five major industrial REITs raised full-year guidance this quarter, growing FFO much faster than the next closest major property sector.

Picking A Winner In Industrial REITs

Host Hotels & Resorts

Invitation Homes

Sunoco

Uniti Group

Welltower

Weyerhaeuser

REITs are facing an "existential crisis" according to some investors. They claim that REITs will go bankrupt as they fail to refinance their debt.

REITs Will Go Bankrupt? Not So Fast

I'll be writing more and more on safe harbor stocks. Yield chasing is dangerous, and any dividend yield over 10% should be considered speculative, especially now.

Prologis Vs. STAG Industrial: Big Or Small?

Prologis is a real estate investment trust (REIT) with a very large specialty. Nearly 3% of the world's GDP moves through this blue chip's logistics network.

Want to Beat the Dow Jones? This Blue Chip Stock Could Be the Answer

Apartment Income REIT Corp

Boston Properties

Innovative Industrial Properties

W. P. Carey

Corporate Office Properties Trust

Few may be looking to increase their exposure to real estate investment trusts, or REITs, in today's economic environment. Yet even as the Federal Reserve suggests that interest rate cuts will not happen this year, and economic growth continues to slow, now may actually be a perfect time to search for REITs with high returns.

7 REITs With Huge Return Potential for Long-Term Investors

SAN FRANCISCO , May 4, 2023 /PRNewswire/ -- The Board of Directors of Prologis, Inc. (NYSE: PLD) today declared a regular cash dividend for the quarter ending June 30, 2023 on the following securities: A dividend of $0.87 per share of the company's common stock, payable on June 30, 2023, to common stockholders of record at the close of business on June 16, 2023; and A dividend of $1.0675 per share of the company's 8.54% Series Q Cumulative Redeemable Preferred Stock, payable on June 30, 2023, to Series Q stockholders of record at the close of business on June 16, 2023. Annual Meeting Results The following proposals were approved at the company's 2023 annual stockholder meeting: Our stockholders elected Hamid R.

Prologis Declares Quarterly Dividends and Announces Results From Stockholder Meeting

Prologis is one of the world's largest warehouse landlords. Prologis owns its own portfolio of properties but also operates open-ended funds that own warehouses.

This Industrial REIT Is Putting Its Money Where Its Mouth Is

Schwab U.S. REIT ETF

The ways in which higher interest rates hurt commercial real estate and the REITs that own it are obvious and well known. But the ways in which higher interest rates paradoxically benefit REITs in the long run are less well known.

Fed Rate Hikes Create Short-Term Pain But Long-Term Gain For REITs

REITs have been hammered by rising rates, fears of recession, and investors' panic over the regional banking crisis. Prologis, Inc. went from 65% overvalued to 6% undervalued, and is the ultimate Warren Buffett-style "wonderful company at a fair price" REIT buy.

Prologis: A Buffett-Style Ultra SWAN REIT Buy

Most REITs are heavily discounted. Even rapidly growing industrial REITs are now undervalued.

Prologis Vs. EastGroup Properties: Which Is The Best REIT To Buy Today?

Arbor Realty Trust

CTO Realty Growth

EPR Properties

Essential Properties Realty Trust Inc

Global Medical REIT

Iron Mountain

Ladder Capital

LTC Properties

NewLake Capital Partners, Inc.

NETSTREIT Corp

"The world's favorite season is the spring. All things seem possible in May." - Edwin Way Teale. It's time for another edition of "Monthly Mailbox Money".

Monthly Mailbox Money In May

News for Prologis Stock (PLD)