(PLD) Prologis - Overview
Sector: Real Estate | Industry: REIT - Industrial | Exchange: NYSE (USA) | Market Cap: 131.021m USD | Total Return: 37.7% in 12m
Logistics Warehouses, Industrial Facilities, Real Estate Investment
Total Rating 50
Safety 39
Buy Signal 0.29
REIT - Industrial
Industry Rotation: +0.3
Industry Rotation: +0.3
Market Cap:
131B
Avg Turnover: 430M
Avg Turnover: 430M
Risk 3d forecast
Volatility23.6%
VaR 5th Pctl4.13%
VaR vs Median6.47%
Reward TTM
Sharpe Ratio1.41
Rel. Str. IBD70.4
Rel. Str. Peer Group68.2
Character TTM
Beta0.582
Beta Downside0.637
Hurst Exponent0.496
Drawdowns 3y
Max DD31.37%
CAGR/Max DD0.31
CAGR/Mean DD0.99
EPS (Earnings per Share)
EPS CAGR: 6.97%
EPS Trend: 18.0%
EPS Trend: 18.0%
Last SUE: 0.93
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: 17.57%
Rev. Trend: 73.9%
Rev. Trend: 73.9%
Last SUE: 0.73
Qual. Beats: 0
Qual. Beats: 0
Warnings
Altman Z'' 0.19 < 1.0 - financial distress zone
Tailwinds
Avwap Ph Month
Description: PLD Prologis
Prologis, Inc. (PLD) is a self-administered real estate investment trust (REIT) focused on the ownership, operation, and management of industrial logistics facilities. The company functions as the general partner of Prologis, L.P., holding its assets through a mix of wholly owned subsidiaries and strategic co-investment ventures. Since 1997, the firm has operated as a fully integrated enterprise, utilizing an owned and managed model to oversee its global property portfolio regardless of specific ownership structures.
The industrial REIT sector primarily serves the global supply chain, providing essential infrastructure for e-commerce distribution and bulk storage. Unlike retail or office REITs, industrial business models typically benefit from longer lease terms and lower capital expenditure requirements for tenant improvements. Investors can analyze detailed valuation metrics for this asset class on ValueRay to further their due diligence.
Incorporated in 1983 and headquartered in Maryland, Prologis maintains its REIT status by distributing at least 90% of its taxable income to shareholders. The company’s consolidated operations allow for unified management of both its internal assets and third-party capital ventures, scaling its footprint across key logistics hubs.
- E-commerce growth and supply chain modernization drive industrial warehouse demand
- Net operating income growth depends on favorable rent spreads at lease expiration
- Higher interest rates increase capital costs and pressure real estate valuations
- Expansion of strategic co-investment ventures scales asset management fee revenue
- Global consumption patterns and manufacturing reshoring influence occupancy and absorption rates
Piotroski VR‑10 (Strict)
4.5
| Net Income: 3.72b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.07 > 1.0 |
| NWC/Revenue: -15.35% < 20% (prev -11.16%; Δ -4.19% < -1%) |
| CFO/TA 0.05 > 3% & CFO 5.14b > Net Income 3.72b |
| Net Debt (33.81b) to EBITDA (7.71b): 4.38 < 3 |
| Current Ratio: 0.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (957.6m) vs 12m ago 0.15% < -2% |
| Gross Margin: 43.37% > 18% (prev 0.75%; Δ 4.26k% > 0.5%) |
| Asset Turnover: 9.22% > 50% (prev 8.73%; Δ 0.48% > 0%) |
| Interest Coverage Ratio: 4.88 > 6 (EBITDA TTM 7.71b / Interest Expense TTM 1.02b) |
Altman Z''
0.19
| A: -0.01 (Total Current Assets 861.1m - Total Current Liabilities 2.23b) / Total Assets 98.13b |
| B: -0.01 (Retained Earnings -921.0m / Total Assets 98.13b) |
| C: 0.05 (EBIT TTM 5.01b / Avg Total Assets 97.06b) |
| D: -0.03 (Book Value of Equity -1.39b / Total Liabilities 40.18b) |
| Altman-Z'' Score: 0.19 = B |
Beneish M
-2.33
| DSRI: 0.90 (Receivables 601.3m/624.5m, Revenue 8.95b/8.38b) |
| GMI: 1.74 (GM 43.37% / 75.27%) |
| AQI: 1.13 (AQ_t 0.17 / AQ_t-1 0.15) |
| SGI: 1.07 (Revenue 8.95b / 8.38b) |
| TATA: -0.01 (NI 3.72b - CFO 5.14b) / TA 98.13b) |
| Beneish M-Score: -2.33 (Cap -4..+1) = BBB |
What is the price of PLD shares?
As of May 21, 2026, the stock is trading at USD 144.68 with a total of 2,558,621 shares traded.
Over the past week, the price has changed by +1.89%, over one month by -0.24%, over three months by +3.06% and over the past year by +37.69%.
Over the past week, the price has changed by +1.89%, over one month by -0.24%, over three months by +3.06% and over the past year by +37.69%.
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?
| Analysts Target Price | 150.7 | 4.1% |
Prologis (PLD) - Fundamental Data Overview
as of 18 May 2026
P/E Trailing = 35.309 P/E Forward = 33.67
P/S = 13.974
P/B = 2.5139
P/EG = 112.0887
Revenue TTM = 8.95b USD
EBIT TTM = 5.01b USD
EBITDA TTM = 7.71b USD
Long Term Debt = 34.12b USD (from longTermDebt, last quarter)
Short Term Debt = 553.9m USD (from shortLongTermDebt, last quarter)
Debt = 34.67b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.81b USD (from netDebt column, last quarter)
Enterprise Value = 164.83b USD (131.02b + Debt 34.67b - CCE 861.1m)
Interest Coverage Ratio = 4.88 (Ebit TTM 5.01b / Interest Expense TTM 1.02b)
EV/FCF = 33.06x (Enterprise Value 164.83b / FCF TTM 4.99b)
FCF Yield = 3.02% (FCF TTM 4.99b / Enterprise Value 164.83b)
FCF Margin = 55.72% (FCF TTM 4.99b / Revenue TTM 8.95b)
Net Margin = 41.54% (Net Income TTM 3.72b / Revenue TTM 8.95b)
Gross Margin = 43.37% ((Revenue TTM 8.95b - Cost of Revenue TTM 5.07b) / Revenue TTM)
Gross Margin QoQ = 10.12% (prev 44.62%)
Tobins Q-Ratio = 1.68 (Enterprise Value 164.83b / Total Assets 98.13b)
Interest Expense / Debt = 0.73% (Interest Expense 254.3m / Debt 34.67b)
Taxrate = 4.39% (48.0m / 1.09b)
NOPAT = 4.79b (EBIT 5.01b * (1 - 4.39%))
Current Ratio = 0.39 (Total Current Assets 861.1m / Total Current Liabilities 2.23b)
Debt / Equity = 0.65 (Debt 34.67b / totalStockholderEquity, last quarter 53.50b)
Debt / EBITDA = 4.38 (Net Debt 33.81b / EBITDA 7.71b)
Debt / FCF = 6.78 (Net Debt 33.81b / FCF TTM 4.99b)
Total Stockholder Equity = 53.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.83% (Net Income 3.72b / Total Assets 98.13b)
RoE = 7.01% (Net Income TTM 3.72b / Total Stockholder Equity 53.02b)
RoCE = 5.74% (EBIT 5.01b / Capital Employed (Equity 53.02b + L.T.Debt 34.12b))
RoIC = 5.45% (NOPAT 4.79b / Invested Capital 87.87b)
WACC = 6.50% (E(131.02b)/V(165.69b) * Re(8.03%) + D(34.67b)/V(165.69b) * Rd(0.73%) * (1-Tc(0.04)))
Discount Rate = 8.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 0.24%
[DCF] Terminal Value 85.30% ; FCFF base≈4.92b ; Y1≈5.40b ; Y5≈6.91b
[DCF] Fair Price = 150.7 (EV 174.28b - Net Debt 33.81b = Equity 140.47b / Shares 932.3m; r=6.50% [WACC]; 5y FCF grow 11.28% → 3.0% )
EPS Correlation: 17.96 | EPS CAGR: 6.97% | SUE: 0.93 | # QB: 0
Revenue Correlation: 73.86 | Revenue CAGR: 17.57% | SUE: 0.73 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.79 | Chg30d=+3.89% | Revisions=-25% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.76 | Chg30d=+0.03% | Revisions=-50% | Analysts=4
EPS current Year (2026-12-31): EPS=2.87 | Chg30d=-3.89% | Revisions=+0% | GrowthEPS=-17.3% | GrowthRev=+6.5%
EPS next Year (2027-12-31): EPS=3.40 | Chg30d=+1.50% | Revisions=-50% | GrowthEPS=+18.2% | GrowthRev=+6.2%
[Analyst] Revisions Ratio: -50%