Prologis revenue and financials
$127.79Change from previous close: −0.69%Absolute change: −$0.89
In the fiscal year ended December 2025, Prologis reported revenue of $8.79B (+7.18% year over year). Net income was $3.33B, a net margin of 37.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.18%
- 2025 vs 2024
- Net income growth
- −10.81%
- 2025 vs 2024
- Net margin
- 37.9%
- 2024: 45.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,008 | 4,912 | 5,373 | 4,126 | 2,996 | 2,937 | 2,264 | 1,804 | 1,687 | 1,417 |
| Depreciation and amortization | 2,626 | 2,581 | 2,485 | 1,813 | 1,578 | 1,562 | 1,140 | 947 | 879 | 931 |
| Investing cash flow | -3,630 | -3,099 | -6,419 | -4,499 | -1,990 | — | — | — | — | — |
| Financing cash flow | -1,564 | -1,000 | 1,320 | 116 | — | — | — | — | — | — |
| Dividends paid | -3,765 | -3,570 | -3,229 | -2,495 | -1,873 | -1,723 | -1,346 | -1,123 | -943 | -893 |
| Share repurchases | -23.9 | -30.5 | -24.5 | -27.7 | -19.9 | — | — | — | — | — |
| Debt issued | 3,461 | 4,506 | 5,755 | 4,411 | — | — | — | — | — | — |
| Debt repaid | -906 | -1,650 | -839 | -1,381 | — | — | — | — | — | — |
| Effect of exchange rates | 12.7 | -25.0 | -22.0 | -20.8 | -39.6 | — | — | — | — | — |
| Net change in cash | -173 | 788 | 252 | -278 | -42.0 | — | — | — | — | — |
| Free cash flow | 5,008 | 4,912 | 5,373 | 4,126 | — | — | — | — | — | — |
| Levered free cash flow | 4,770 | 4,578 | 4,864 | 3,926 | 2,882 | — | — | — | — | — |