(PLD) Prologis - Ratings and Ratios
Warehouses, Distribution Centers, Logistics Facilities, Industrial Properties
EPS (Earnings per Share)
Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 25.7% |
| Value at Risk 5%th | 41.1% |
| Relative Tail Risk | -2.66% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.36 |
| Alpha | 0.17 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.396 |
| Beta | 0.857 |
| Beta Downside | 0.959 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.37% |
| Mean DD | 10.84% |
| Median DD | 9.48% |
Description: PLD Prologis September 25, 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 where entry costs and demand dynamics limit new competition.
As of March 31 2025 the company’s portfolio-held outright or via co-investment structures-covers roughly 1.3 billion sq ft (≈120 million m²) across 20 countries, making it the most geographically diversified logistics REIT.
The tenant base exceeds 6,500 customers and is split primarily between business-to-business users (e.g., manufacturers, third-party logistics providers) and retail/online fulfillment operators, reflecting the sector’s dual reliance on supply-chain efficiency and e-commerce growth.
Key recent performance indicators: FY 2024 occupancy held at 96.2% (up 0.4 pp YoY), net rental income grew 5.1% year-over-year, and the company maintained a net debt-to-EBITDA ratio of 5.3×, indicating moderate leverage in a rising-rate environment.
Macro drivers that underpin PLD’s outlook include sustained e-commerce penetration (global online sales projected to reach 23% of total retail by 2026), near-shoring trends that increase demand for inland distribution hubs, and the tightening of global freight capacity, which elevates the value of modern, strategically located warehouses.
For a deeper, data-driven valuation of PLD, the ValueRay platform offers granular scenario analysis you may find useful.
PLD Stock Overview
| Market Cap in USD | 113,693m |
| Sub-Industry | Industrial REITs |
| IPO / Inception | 1994-03-01 |
| Return 12m vs S&P 500 | -0.38% |
| Analyst Rating | 3.88 of 5 |
PLD Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 3.26% |
| Yield on Cost 5y | 4.60% |
| Yield CAGR 5y | 13.43% |
| Payout Consistency | 95.7% |
| Payout Ratio | 116.3% |
PLD Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 5.18% |
| CAGR/Max DD Calmar Ratio | 0.16 |
| CAGR/Mean DD Pain Ratio | 0.48 |
| Current Volume | 3087.3k |
| Average Volume | 3087.3k |
Piotroski VR‑10 (Strict, 0-10) 3.5
| 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 -6.04% (prev -17.26%; Δ 11.23pp) (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 (34.12b) to EBITDA (7.19b) ratio: 4.74 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.75 (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'' 0.20
| (A) -0.01 = (Total Current Assets 1.54b - 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) -0.03 = Book Value of Equity -1.36b / Total Liabilities 41.13b |
| Total Rating: 0.20 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.24
| 1. Piotroski 3.50pt |
| 2. FCF Yield 3.60% |
| 3. FCF Margin 59.35% |
| 4. Debt/Equity 0.60 |
| 5. Debt/Ebitda 4.74 |
| 6. ROIC - WACC (= -2.38)% |
| 7. RoE 6.03% |
| 8. Rev. Trend 56.76% |
| 9. EPS Trend 16.43% |
What is the price of PLD shares?
Over the past week, the price has changed by -0.71%, over one month by -3.19%, over three months by +12.74% and over the past year by +11.42%.
Is PLD a buy, sell or hold?
- 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 | 5.8% |
| Analysts Target Price | 130.3 | 5.8% |
| ValueRay Target Price | 128.1 | 4% |
PLD Fundamental Data Overview November 21, 2025
P/E Trailing = 35.5814
P/E Forward = 47.1698
P/S = 12.493
P/B = 2.1874
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 = 34.12b USD (from netDebt column, last quarter)
Enterprise Value = 144.00b USD (113.69b + Debt 31.49b - CCE 1.19b)
Interest Coverage Ratio = 4.84 (Ebit TTM 4.58b / Interest Expense TTM 947.4m)
FCF Yield = 3.60% (FCF TTM 5.19b / Enterprise Value 144.00b)
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 = 1.46 (Enterprise Value 144.00b / 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 = 0.75 (Total Current Assets 1.54b / Total Current Liabilities 2.07b)
Debt / Equity = 0.60 (Debt 31.49b / totalStockholderEquity, last quarter 52.64b)
Debt / EBITDA = 4.74 (Net Debt 34.12b / EBITDA 7.19b)
Debt / FCF = 6.58 (Net Debt 34.12b / 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 = 7.35% (E(113.69b)/V(145.19b) * Re(9.17%) + D(31.49b)/V(145.19b) * Rd(0.82%) * (1-Tc(0.06)))
Discount Rate = 9.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.22%
[DCF Debug] Terminal Value 77.72% ; FCFE base≈4.73b ; Y1≈5.78b ; Y5≈9.64b
Fair Price DCF = 143.8 (DCF Value 133.56b / Shares Outstanding 928.9m; 5y FCF grow 23.71% → 3.0% )
EPS Correlation: 16.43 | EPS CAGR: 10.70% | SUE: 0.34 | # QB: 0
Revenue Correlation: 56.76 | Revenue CAGR: 8.89% | SUE: 0.47 | # QB: 0
Additional Sources for PLD Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle