Prologis, Inc. PLD
Real Estate Investment Trusts · data as of November 13, 2026
Prologis, Inc. (PLD) is a real estate company listed in the US with a market value of about $122.3B. In the twelve months to September 30, 2026 it had revenue of $9.4B and net income of $4.3B, a net margin of 45.4%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (0/5).
Key numbers: a P/E of 29.1, a price to free cash flow of 22.0, 5-year revenue growth of 15% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 30% below the current price.
Score: 2.2 / 5
Checks passed
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
- Liabilities below 60% of assets
- Pays a dividend
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4B | $8.8B | $8.2B | $8.0B | $6.0B | $4.8B | $4.4B | $3.3B | $2.8B | $2.6B | $2.5B |
| Net income | $4.3B | $3.3B | $3.7B | $3.1B | $3.4B | $2.9B | $1.5B | $1.6B | $1.6B | $1.7B | $1.2B |
| Free cash flow | $5.6B | $3.2B | $2.6B | $1.2B | $1.6B | $676M | $1.7B | $1.3B | $1.7B | $1.6B | $1.3B |
| EPS (diluted) | $4.43 | $3.56 | $4.01 | $3.29 | $4.25 | $3.94 | $2.01 | $2.46 | $2.87 | $3.06 | $2.27 |
| Net margin | 45.4% | 37.9% | 45.5% | 38.1% | 56.3% | 61.8% | 33.4% | 47.2% | 58.8% | 63.1% | 47.8% |
| ROIC | — | 4.6% | 5.0% | 4.2% | 4.3% | 8.9% | 4.0% | 5.1% | 4.9% | 7.6% | 2.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 14 analysts is $152.07, 18% above the current price; targets range from $136.00 to $170.00; the consensus rating is “Buy”; expected EPS is $3.96 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Prologis’s P/E ratio?
About 29.1, based on the last twelve months of diluted earnings per share (forward P/E about 38.5).
Is Prologis stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 30% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Prologis pay a dividend?
Yes. The dividend yield is about 3.29%, and it has paid dividends for 10 years in our data.
Is Prologis a good stock to buy?
We do not give buy or sell advice. Prologis scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.