(PLD) Prologis - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US74340W1036
Warehouses, Distribution Centers, Industrial Parks, Development Projects
Dividends
| Dividend Yield | 3.11% |
| Yield on Cost 5y | 4.70% |
| Yield CAGR 5y | 13.43% |
| Payout Consistency | 95.7% |
| Payout Ratio | 116.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 25.6% |
| Value at Risk 5%th | 40.9% |
| Relative Tail Risk | -2.87% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.46 |
| Alpha | 1.40 |
| CAGR/Max DD | 0.20 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.410 |
| Beta | 0.862 |
| Beta Downside | 0.954 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.37% |
| Mean DD | 10.83% |
| Median DD | 9.48% |
Description: PLD Prologis December 02, 2025
Prologis, Inc. (NYSE: PLD) is the world’s largest owner, operator, and developer of logistics real estate, concentrating on “high-barrier, high-growth” markets. As of September 30 2025 the company’s portfolio-held directly or via co-investment vehicles-covers roughly 1.3 billion sq ft (≈120 million m²) across 20 countries, serving about 6,500 tenants in both business-to-business and retail/online fulfillment segments.
Key performance indicators from the most recent filings show an occupancy rate of 96 % and a FY 2024 adjusted funds-from-operations (AFFO) growth of 8 % YoY, supporting a dividend yield near 5.2 %. The balance sheet remains leveraged at a net debt-to-EBITDA ratio of 5.1×, reflecting the capital-intensive nature of the sector but still within industry norms.
Primary economic drivers include sustained e-commerce expansion, which fuels demand for last-mile distribution space, and the ongoing reshoring of supply chains that elevates the strategic value of proximate, high-quality logistics assets. Conversely, rising interest rates and inflationary pressure on construction costs constitute material headwinds that could affect acquisition financing and development timelines.
For a deeper, data-driven assessment of PLD’s valuation dynamics, the ValueRay platform offers granular metrics and scenario analyses worth exploring.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (3.21b TTM) > 0 and > 6% of Revenue (6% = 524.3m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 1.06pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -10.14% (prev -17.26%; Δ 7.12pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 5.19b > Net Income 3.21b (YES >=105%, WARN >=100%) |
| Net Debt (-1.19b) to EBITDA (7.19b) ratio: -0.16 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (956.6m) change vs 12m ago 0.29% (target <= -2.0% for YES) |
| Gross Margin 67.69% (prev 74.34%; Δ -6.65pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 9.00% (prev 8.23%; Δ 0.77pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.84 (EBITDA TTM 7.19b / Interest Expense TTM 947.4m) >= 6 (WARN >= 3) |
Altman Z'' 0.16
| (A) -0.01 = (Total Current Assets 1.19b - Total Current Liabilities 2.07b) / Total Assets 98.34b |
| (B) -0.01 = Retained Earnings (Balance) -1.36b / Total Assets 98.34b |
| (C) 0.05 = EBIT TTM 4.58b / Avg Total Assets 97.12b |
| (D) -0.05 = Book Value of Equity -2.09b / Total Liabilities 41.13b |
| Total Rating: 0.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.21
| 1. Piotroski 4.50pt |
| 2. FCF Yield 3.46% |
| 3. FCF Margin 59.35% |
| 4. Debt/Equity 0.60 |
| 5. Debt/Ebitda -0.16 |
| 6. ROIC - WACC (= -2.47)% |
| 7. RoE 6.03% |
| 8. Rev. Trend 81.33% |
| 9. EPS Trend -37.19% |
What is the price of PLD shares?
As of December 05, 2025, the stock is trading at USD 128.18 with a total of 3,880,514 shares traded.
Over the past week, the price has changed by -0.27%, over one month by +3.37%, over three months by +14.84% and over the past year by +15.49%.
Over the past week, the price has changed by -0.27%, over one month by +3.37%, over three months by +14.84% and over the past year by +15.49%.
Is PLD a buy, sell or hold?
Prologis has received a consensus analysts rating of 3.88.
Therefore, it is recommended to buy PLD.
- Strong Buy: 9
- Buy: 5
- Hold: 8
- Sell: 2
- Strong Sell: 0
What are the forecasts/targets for the PLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 130.3 | 1.7% |
| Analysts Target Price | 130.3 | 1.7% |
| ValueRay Target Price | 134.9 | 5.2% |
PLD Fundamental Data Overview December 03, 2025
Market Cap USD = 119.76b (119.76b USD * 1.0 USD.USD)
P/E Trailing = 37.4797
P/E Forward = 48.7805
P/S = 13.1595
P/B = 2.2709
P/EG = 0.5424
Beta = 1.411
Revenue TTM = 8.74b USD
EBIT TTM = 4.58b USD
EBITDA TTM = 7.19b USD
Long Term Debt = 35.08b USD (from longTermDebt, last quarter)
Short Term Debt = 224.9m USD (from shortLongTermDebt, last quarter)
Debt = 31.49b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.19b USD (from netDebt column, last quarter)
Enterprise Value = 150.07b USD (119.76b + Debt 31.49b - CCE 1.19b)
Interest Coverage Ratio = 4.84 (Ebit TTM 4.58b / Interest Expense TTM 947.4m)
FCF Yield = 3.46% (FCF TTM 5.19b / Enterprise Value 150.07b)
FCF Margin = 59.35% (FCF TTM 5.19b / Revenue TTM 8.74b)
Net Margin = 36.70% (Net Income TTM 3.21b / Revenue TTM 8.74b)
Gross Margin = 67.69% ((Revenue TTM 8.74b - Cost of Revenue TTM 2.82b) / Revenue TTM)
Gross Margin QoQ = 45.71% (prev 74.68%)
Tobins Q-Ratio = 1.53 (Enterprise Value 150.07b / Total Assets 98.34b)
Interest Expense / Debt = 0.82% (Interest Expense 258.3m / Debt 31.49b)
Taxrate = 6.23% (54.5m / 875.8m)
NOPAT = 4.30b (EBIT 4.58b * (1 - 6.23%))
Current Ratio = 0.57 (Total Current Assets 1.19b / Total Current Liabilities 2.07b)
Debt / Equity = 0.60 (Debt 31.49b / totalStockholderEquity, last quarter 52.64b)
Debt / EBITDA = -0.16 (Net Debt -1.19b / EBITDA 7.19b)
Debt / FCF = -0.23 (Net Debt -1.19b / FCF TTM 5.19b)
Total Stockholder Equity = 53.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.26% (Net Income 3.21b / Total Assets 98.34b)
RoE = 6.03% (Net Income TTM 3.21b / Total Stockholder Equity 53.20b)
RoCE = 5.19% (EBIT 4.58b / Capital Employed (Equity 53.20b + L.T.Debt 35.08b))
RoIC = 4.97% (NOPAT 4.30b / Invested Capital 86.41b)
WACC = 7.44% (E(119.76b)/V(151.25b) * Re(9.19%) + D(31.49b)/V(151.25b) * Rd(0.82%) * (1-Tc(0.06)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.22%
[DCF Debug] Terminal Value 77.66% ; FCFE base≈4.73b ; Y1≈5.78b ; Y5≈9.64b
Fair Price DCF = 143.3 (DCF Value 133.12b / Shares Outstanding 928.9m; 5y FCF grow 23.71% → 3.0% )
EPS Correlation: -37.19 | EPS CAGR: -17.28% | SUE: 0.34 | # QB: 0
Revenue Correlation: 81.33 | Revenue CAGR: 15.80% | SUE: 0.47 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.66 | Chg30d=+0.000 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=2.92 | Chg30d=+0.000 | Revisions Net=+3 | Growth EPS=+10.7% | Growth Revenue=+6.5%
P/E Trailing = 37.4797
P/E Forward = 48.7805
P/S = 13.1595
P/B = 2.2709
P/EG = 0.5424
Beta = 1.411
Revenue TTM = 8.74b USD
EBIT TTM = 4.58b USD
EBITDA TTM = 7.19b USD
Long Term Debt = 35.08b USD (from longTermDebt, last quarter)
Short Term Debt = 224.9m USD (from shortLongTermDebt, last quarter)
Debt = 31.49b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.19b USD (from netDebt column, last quarter)
Enterprise Value = 150.07b USD (119.76b + Debt 31.49b - CCE 1.19b)
Interest Coverage Ratio = 4.84 (Ebit TTM 4.58b / Interest Expense TTM 947.4m)
FCF Yield = 3.46% (FCF TTM 5.19b / Enterprise Value 150.07b)
FCF Margin = 59.35% (FCF TTM 5.19b / Revenue TTM 8.74b)
Net Margin = 36.70% (Net Income TTM 3.21b / Revenue TTM 8.74b)
Gross Margin = 67.69% ((Revenue TTM 8.74b - Cost of Revenue TTM 2.82b) / Revenue TTM)
Gross Margin QoQ = 45.71% (prev 74.68%)
Tobins Q-Ratio = 1.53 (Enterprise Value 150.07b / Total Assets 98.34b)
Interest Expense / Debt = 0.82% (Interest Expense 258.3m / Debt 31.49b)
Taxrate = 6.23% (54.5m / 875.8m)
NOPAT = 4.30b (EBIT 4.58b * (1 - 6.23%))
Current Ratio = 0.57 (Total Current Assets 1.19b / Total Current Liabilities 2.07b)
Debt / Equity = 0.60 (Debt 31.49b / totalStockholderEquity, last quarter 52.64b)
Debt / EBITDA = -0.16 (Net Debt -1.19b / EBITDA 7.19b)
Debt / FCF = -0.23 (Net Debt -1.19b / FCF TTM 5.19b)
Total Stockholder Equity = 53.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.26% (Net Income 3.21b / Total Assets 98.34b)
RoE = 6.03% (Net Income TTM 3.21b / Total Stockholder Equity 53.20b)
RoCE = 5.19% (EBIT 4.58b / Capital Employed (Equity 53.20b + L.T.Debt 35.08b))
RoIC = 4.97% (NOPAT 4.30b / Invested Capital 86.41b)
WACC = 7.44% (E(119.76b)/V(151.25b) * Re(9.19%) + D(31.49b)/V(151.25b) * Rd(0.82%) * (1-Tc(0.06)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.22%
[DCF Debug] Terminal Value 77.66% ; FCFE base≈4.73b ; Y1≈5.78b ; Y5≈9.64b
Fair Price DCF = 143.3 (DCF Value 133.12b / Shares Outstanding 928.9m; 5y FCF grow 23.71% → 3.0% )
EPS Correlation: -37.19 | EPS CAGR: -17.28% | SUE: 0.34 | # QB: 0
Revenue Correlation: 81.33 | Revenue CAGR: 15.80% | SUE: 0.47 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.66 | Chg30d=+0.000 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=2.92 | Chg30d=+0.000 | Revisions Net=+3 | Growth EPS=+10.7% | Growth Revenue=+6.5%
Additional Sources for PLD Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle