Prologis profit margin PLD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 45.5%
- Net margin on a year earlier
- +8.8 pts
- Peer median
- 20.7%
Over the twelve months to Sep 30, 2026, Prologis kept 45.5% of its revenue as net profit.
Five years earlier its net margin was 42.9%.
The median for 10 real estate stocks of a similar size is 20.7%.
Profit margin over time
Net
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 37.9% |
| FY2024 | 45.5% |
| FY2023 | 38.1% |
| FY2022 | 56.3% |
| FY2021 | 61.8% |
| FY2020 | 33.4% |
| FY2019 | 47.2% |
| FY2018 | 58.8% |
| FY2017 | 63.1% |
| FY2016 | 47.8% |
| FY2015 | 39.6% |
| FY2014 | 36.1% |
| FY2013 | 19.6% |
| FY2012 | −2.0% |
| FY2011 | −10.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q3 FY26 | 45.5% | +8.8 pts | |
| Q2 FY26 | 45.8% | +5.5 pts | |
| Q1 FY26 | 41.5% | −3.0 pts | |
| Q4 FY25 | 37.9% | −7.6 pts | |
| Q3 FY25 | 36.7% | −2.4 pts | |
| Q2 FY25 | 40.3% | +3.9 pts | |
| Q1 FY25 | 44.6% | +5.9 pts | |
| Q4 FY24 | 45.5% | +7.4 pts | |
| Q3 FY24 | 39.1% | +0.8 pts | |
| Q2 FY24 | 36.4% | −6.1 pts | |
| Q1 FY24 | 38.7% | −2.3 pts | |
| Q4 FY23 | 38.1% | −18.2 pts |
Against its peers
Companies in Real Estate nearest Prologis' size, closest first, today.
| Company | Profit margin |
|---|---|
| PLDPrologis | 45.5% |
| EQIXEquinix | 15.6% |
| AMTAmerican Tower | 31.1% |
| WELLWelltower | 12.1% |
| SPGSimon Property | n/m |
| DLRDigital Realty Trust | 11.8% |
| PSAPublic Storage | 41.8% |
| ORealty Income | 20.9% |
| VMRKVivmark Residential | 28.0% |
| VTRVentas | 4.1% |
| CCICrown Castle | 20.7% |
| Peer median | 20.7% |
Where Prologis ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Prologis
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.