US · USD
PLD
Prologis Inc
- Day's range
- $129.69 – $133.14
- Day's volume
- $789.9M
- 52-week range
- $107.84 – $148.88
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See how PLD weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountPLD in numbers
- Market cap
- $121.1B
- P/E
- 32.57
- P/B
- 2.26
- Dividend yield (12m)
- 3.25%
- Net debt/EBITDA
- 4.57
The 12-month dividend yield of PLD is 3.25%, above its 5-year average of 2.74%.
PLD price history
PLD risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +20.52% | +31.35% | +23.62% |
| Volatility (annualized) | 18.97% | 27.95% | 29.79% |
| Largest drawdown | -6.73% | -22.88% | -38.52% |
| Positive months | 8/12 | 22/36 | 33/60 |
How much did investing in PLD return?
$1,000.00 invested on 09/01/2021 would be worth $1,236.18 today.
- Value today in PLD
- $1,236.18
- Return over the period
- +23.62%
- Return per year
- +4.33%
- In the S&P 500
- $1,788.52
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
PLD fundamentals
Valuation
- P/E32.57
- P/B2.26
- EV/EBITDA20.94
- EV/EBIT33.02
- EV/Revenue17.31
- P/EBIT25.81
- P/S13.53
- P/OCF23.57
- P/FCF—
- Earnings yield3.03%
- PEG ratio—
- Earnings per share$3.99
- Book value per share$57.39
Debt
- Net debt$33.8B
- Net debt/EBITDA4.57
- Net debt/Equity0.63
- Debt/Equity0.65
- Current ratio—
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin82.65%
- Operating margin52.42%
- Net margin41.54%
- Asset turnover0.09
Profitability
- ROE6.95%
- ROA3.79%
- ROIC5.10%
- Payout105.84%
Growth
- Revenue CAGR (5 years)14.19%
- Earnings CAGR (5 years)22.31%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is PLD's fair price?
Two classic value formulas, with today's numbers. The current price is $129.84.
- Graham's fair price
- $71.75
- 44.74% below the price
√(22.50 × $3.99 × $57.39)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $56.80
- 56.25% below the price
$3.41 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
PLD's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 35.65 | 26.25 | 40.30 | 30.94 | 42.38 | 49.74 | 41.86 | 22.44 |
| P/B | 2.23 | 1.82 | 2.32 | 1.96 | 3.73 | 2.31 | 2.91 | 1.66 |
| EV/EBITDA | 21.84 | 18.23 | 24.51 | 24.18 | 25.97 | 24.44 | 25.64 | 18.12 |
| Dividend yield | 3.16% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% |
| Earnings per share | $3.58 | $4.03 | $3.31 | $3.64 | $3.97 | $2.00 | $2.13 | $2.62 |
| Book value per share | $57.22 | $58.21 | $57.50 | $57.65 | $45.17 | $43.23 | $30.66 | $35.37 |
| ROE | 6.26% | 6.92% | 5.75% | 6.32% | 8.79% | 4.63% | 6.94% | 7.40% |
| ROIC | 4.73% | 5.07% | 4.26% | 4.35% | 9.18% | 4.07% | 5.29% | 4.94% |
| EBITDA margin | 79.45% | 85.31% | 77.18% | 88.39% | 100.54% | 82.93% | 89.76% | 93.97% |
| Net margin | 37.86% | 45.50% | 38.13% | 56.33% | 61.77% | 33.38% | 47.23% | 58.81% |
| Net debt/EBITDA | 4.85 | 4.23 | 4.60 | 4.47 | -0.07 | 4.41 | 3.62 | 4.08 |
PLD's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $8.8B | $8.2B | $8B | $6B | $4.8B | $4.4B |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | $7B | $7B | $6.2B | $5.3B | $4.8B | $3.7B |
| EBIT | $4.4B | $4.4B | $3.7B | $3.5B | $3.2B | $2.1B |
| Financial result | -$588.5M | -$301M | -$243.6M | $223.3M | $115.9M | -$371.9M |
| Income before tax | $3.8B | $4.1B | $3.5B | $3.7B | $3.3B | $1.7B |
| Income tax | -$204M | -$166.9M | -$211M | -$135.4M | -$174.3M | -$130.5M |
| Net income | $3.3B | $3.7B | $3.1B | $3.4B | $2.9B | $1.5B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does PLD pay dividends?
Dividend yield per year
- 2.73%2017
- 3.27%2018
- 2.38%2019
- 2.33%2020
- 1.50%2021
- 2.80%2022
- 2.61%2023
- 3.63%2024
- 3.16%2025
- 2.47%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/15/2026 | 09/30/2026 | $1.07 |
| Dividend | 06/15/2026 | 06/30/2026 | $1.07 |
| Dividend | 03/16/2026 | 03/31/2026 | $1.07 |
| Dividend | 12/15/2025 | 12/31/2025 | $1.01 |
| Dividend | 09/15/2025 | 09/30/2025 | $1.01 |
| Dividend | 06/16/2025 | 06/30/2025 | $1.01 |
| Dividend | 03/17/2025 | 03/31/2025 | $1.01 |
| Dividend | 12/13/2024 | 12/31/2024 | $0.96 |
| Dividend | 09/13/2024 | 09/30/2024 | $0.96 |
| Dividend | 06/14/2024 | 06/28/2024 | $0.96 |
| Dividend | 03/14/2024 | 03/29/2024 | $0.96 |
| Dividend | 12/14/2023 | 12/29/2023 | $0.87 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/14/2023 | 09/29/2023 | $0.87 |
| Dividend | 06/14/2023 | 06/30/2023 | $0.87 |
| Dividend | 03/15/2023 | 03/31/2023 | $0.87 |
| Dividend | 12/15/2022 | 12/30/2022 | $0.79 |
| Dividend | 09/13/2022 | 09/30/2022 | $0.79 |
| Dividend | 06/14/2022 | 06/30/2022 | $0.79 |
| Dividend | 03/16/2022 | 03/31/2022 | $0.79 |
| Dividend | 12/10/2021 | 12/31/2021 | $0.63 |
| Dividend | 09/15/2021 | 09/30/2021 | $0.63 |
| Dividend | 06/14/2021 | 06/30/2021 | $0.63 |
| Dividend | 03/17/2021 | 03/31/2021 | $0.63 |
| Dividend | 12/16/2020 | 12/31/2020 | $0.58 |
| Dividend | 09/15/2020 | 09/30/2020 | $0.58 |
| Dividend | 06/12/2020 | 06/30/2020 | $0.58 |
| Dividend | 03/12/2020 | 03/31/2020 | $0.58 |
| Dividend | 12/17/2019 | 12/31/2019 | $0.53 |
| Dividend | 09/18/2019 | 09/30/2019 | $0.53 |
| Dividend | 06/11/2019 | 06/28/2019 | $0.53 |
| Dividend | 03/13/2019 | 03/29/2019 | $0.53 |
| Dividend | 12/14/2018 | 12/31/2018 | $0.48 |
| Dividend | 09/13/2018 | 09/28/2018 | $0.48 |
| Dividend | 06/12/2018 | 06/29/2018 | $0.48 |
| Dividend | 03/13/2018 | 03/29/2018 | $0.48 |
| Dividend | 12/14/2017 | 12/29/2017 | $0.44 |
| Dividend | 09/14/2017 | 09/29/2017 | $0.44 |
| Dividend | 06/09/2017 | 06/30/2017 | $0.44 |
| Dividend | 03/10/2017 | 03/31/2017 | $0.44 |
| Dividend | 12/14/2016 | 12/30/2016 | $0.42 |
About Prologis
- Sector
- Finance, insurance and real estate
Questions about PLD
How much is PLD today?
PLD is at $129.84 (-2.09% on the day), last traded on 09/30/2026.
How much did PLD pay in dividends in 2025?
PLD paid $4.04 per share in 2025, a dividend yield of 3.16%.
What are the P/E and P/B of PLD?
PLD trades at a P/E of 32.57 and a P/B of 2.26.
How much did PLD return in 12 months?
PLD returned 20.52% in 12 months, with annualized volatility of 18.97% and a largest drawdown of -6.73%.