(PLD) Prologis - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74340W1036

Stock:

Total Rating 55

Risk 59

Buy Signal 0.30

REIT - Industrial +12.3
Industrial REITs +11.7

Market Cap: 132,611m
Avg Trading Vol: 429M USD

ATR: 1.89%
Peers RS (IBD): 72.73

Risk 5d forecast
Volatility	24.6%
Relative Tail Risk	-4.02%

Reward TTM
Sharpe Ratio	0.66
Alpha	6.26

Character TTM
Beta	0.831
Beta Downside	1.409

Drawdowns 3y
Max DD	31.37%
CAGR/Max DD	0.23

EPS (Earnings per Share)

EPS CAGR: -0.18%
EPS Trend: -3.2%

Last SUE: 3.03
Qual. Beats: 1

Revenue

Rev. CAGR: 17.79%
Rev. Trend: 77.5%

Last SUE: 1.65
Qual. Beats: 1

Description: PLD Prologis

Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At September 30, 2025, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.3 billion square feet (120 million square meters) in 20 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,500 customers principally across two major categories: business-to-business and retail/online fulfillment.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 3.33b TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.28 > 1.0
NWC/Revenue: -52.15% < 20% (prev -2.68%; Δ -49.48% < -1%)
CFO/TA 0.05 > 3% & CFO 5.01b > Net Income 3.33b
Net Debt (33.89b) to EBITDA (7.20b): 4.71 < 3
Current Ratio: 0.23 > 1.5 & < 3
Outstanding Shares: last quarter (958.0m) vs 12m ago 0.46% < -2%
Gross Margin: 59.60% > 18% (prev 0.75%; Δ 5885 % > 0.5%)
Asset Turnover: 9.06% > 50% (prev 8.60%; Δ 0.46% > 0%)
Interest Coverage Ratio: 4.56 > 6 (EBITDA TTM 7.20b / Interest Expense TTM 1.00b)

Altman Z'' -0.07

A: -0.05 (Total Current Assets 1.35b - Total Current Liabilities 5.93b) / Total Assets 98.72b
B: -0.01 (Retained Earnings -1.36b / Total Assets 98.72b)
C: 0.05 (EBIT TTM 4.57b / Avg Total Assets 97.03b)
D: -0.04 (Book Value of Equity -1.53b / Total Liabilities 40.97b)
Altman-Z'' Score: -0.07 = B

Beneish M -3.33

DSRI: 0.90 (Receivables 601.3m/624.5m, Revenue 8.79b/8.20b)
GMI: 1.26 (GM 59.60% / 74.92%)
AQI: 0.18 (AQ_t 0.17 / AQ_t-1 0.96)
SGI: 1.07 (Revenue 8.79b / 8.20b)
TATA: -0.02 (NI 3.33b - CFO 5.01b) / TA 98.72b)
Beneish M-Score: -3.33 (Cap -4..+1) = AA

What is the price of PLD shares?

As of March 01, 2026, the stock is trading at USD 142.57 with a total of 5,174,089 shares traded.
Over the past week, the price has changed by +0.75%, over one month by +10.78%, over three months by +11.79% and over the past year by +20.26%.

Is PLD a buy, sell or hold?

Prologis has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy PLD.

StrongBuy: 9
Buy: 5
Hold: 8
Sell: 2
StrongSell: 0

What are the forecasts/targets for the PLD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	140.8	-1.3%
Analysts Target Price	140.8	-1.3%

PLD Fundamental Data Overview February 28, 2026

P/E Trailing = 39.9608
P/E Forward = 42.1941
P/S = 14.4257
P/B = 2.0463
P/EG = 0.5424
Revenue TTM = 8.79b USD
EBIT TTM = 4.57b USD
EBITDA TTM = 7.20b USD
Long Term Debt = 35.04b USD (from longTermDebt, last quarter)
Short Term Debt = 44.7m USD (from shortLongTermDebt, last quarter)
Debt = 35.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.89b USD (from netDebt column, last quarter)
Enterprise Value = 166.50b USD (132.61b + Debt 35.04b - CCE 1.15b)
Interest Coverage Ratio = 4.56 (Ebit TTM 4.57b / Interest Expense TTM 1.00b)
EV/FCF = 33.24x (Enterprise Value 166.50b / FCF TTM 5.01b)
FCF Yield = 3.01% (FCF TTM 5.01b / Enterprise Value 166.50b)
FCF Margin = 56.98% (FCF TTM 5.01b / Revenue TTM 8.79b)
Net Margin = 37.86% (Net Income TTM 3.33b / Revenue TTM 8.79b)
Gross Margin = 59.60% ((Revenue TTM 8.79b - Cost of Revenue TTM 3.55b) / Revenue TTM)
Gross Margin QoQ = 44.62% (prev 45.71%)
Tobins Q-Ratio = 1.69 (Enterprise Value 166.50b / Total Assets 98.72b)
Interest Expense / Debt = 0.74% (Interest Expense 260.5m / Debt 35.04b)
Taxrate = 5.28% (82.7m / 1.56b)
NOPAT = 4.33b (EBIT 4.57b * (1 - 5.28%))
Current Ratio = 0.23 (Total Current Assets 1.35b / Total Current Liabilities 5.93b)
Debt / Equity = 0.66 (Debt 35.04b / totalStockholderEquity, last quarter 53.19b)
Debt / EBITDA = 4.71 (Net Debt 33.89b / EBITDA 7.20b)
Debt / FCF = 6.77 (Net Debt 33.89b / FCF TTM 5.01b)
Total Stockholder Equity = 53.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.43% (Net Income 3.33b / Total Assets 98.72b)
RoE = 6.28% (Net Income TTM 3.33b / Total Stockholder Equity 53.01b)
RoCE = 5.19% (EBIT 4.57b / Capital Employed (Equity 53.01b + L.T.Debt 35.04b))
RoIC = 4.96% (NOPAT 4.33b / Invested Capital 87.26b)
WACC = 7.25% (E(132.61b)/V(167.65b) * Re(8.98%) + D(35.04b)/V(167.65b) * Rd(0.74%) * (1-Tc(0.05)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.29%
[DCF] Terminal Value 82.51% ; FCFF base≈4.83b ; Y1≈5.50b ; Y5≈7.54b
[DCF] Fair Price = 127.4 (EV 152.29b - Net Debt 33.89b = Equity 118.40b / Shares 929.6m; r=7.25% [WACC]; 5y FCF grow 16.09% → 2.90% )
EPS Correlation: -3.24 | EPS CAGR: -0.18% | SUE: 3.03 | # QB: 1
Revenue Correlation: 77.55 | Revenue CAGR: 17.79% | SUE: 1.65 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.74 | Chg7d=-0.010 | Chg30d=+0.071 | Revisions Net=+1 | Analysts=6
EPS current Year (2026-12-31): EPS=2.99 | Chg7d=-0.014 | Chg30d=+0.090 | Revisions Net=-1 | Growth EPS=-16.1% | Growth Revenue=+6.5%
EPS next Year (2027-12-31): EPS=3.35 | Chg7d=-0.017 | Chg30d=+0.026 | Revisions Net=+0 | Growth EPS=+11.9% | Growth Revenue=+6.1%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.5% (Discount Rate 9.0% - Earnings Yield 2.5%)
[Growth] Growth Spread = +0.3% (Analyst 6.8% - Implied 6.5%)

Additional Sources for PLD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle