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PLD

S&P 500
Neutral · 54/100

Prologis

Real Estate
Industrial REITs

$143.83

2.3%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 33.7% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$133.80B

P/E

36.09x

Forward P/E (est.)

36.45x

ROE

7.0%

Revenue Growth

6.7%

EPS Growth

-1.0%

Profit Margin

41.5%

FCF Yield

4.1%

Debt / Equity

0.66x

ROIC

4.0%

Interest Coverage

4.35x

Current Ratio

Dividend Yield

2.9%

Implied Growth (rev. DCF)

Rating Score

54/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PLD's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PLD trades near $143.83, above its 50-day average ($142.66) and 200-day average ($130.89). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 42 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. PLD's is $3.42 (~2.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month PLD found buyers near $137.22 (support) and sellers near $150.18 (resistance); its 52-week range is $103.41–$150.18. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.2× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Prologis (PLD) is a large-cap company in the Industrial REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $133.80B.

In its latest reported year it generated about $8.79B in revenue and $3.33B in net profit.

Our model rates PLD Neutral (54/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

16.6%

Revenue moved from $4.76B in 2021 to $8.79B in 2025, a 16.6% compound annual growth rate. The most recent year grew a steady 6.7% year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

74.4%

Operating Margin

49.6%

Net Margin

37.9%

ROE

7.0%

Prologis keeps about 41.5% of each sales dollar as net profit, with a 74.4% gross margin and 49.6% operating margin. Return on equity is 7.0% and return on invested capital about 4.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$34.67B

Net Debt

$33.81B

Net Debt / EBITDA

7.76x

Debt / Equity

0.66x

Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 4.3x. That is a moderate, manageable debt load for most businesses. It carries roughly $34.67B of total debt against $861.14M of cash.

Cash Flow Analysis
Research

Operating CF

$5.01B

Free Cash Flow

$5.01B

FCF Margin

57.0%

In the latest year Prologis produced about $5.01B of operating cash flow and $5.01B of free cash flow after capital spending. That is a free-cash-flow yield of about 4.1% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

36.09x

P/S

15.87x

P/B

2.22x

EV / EBITDA

33.01x

PLD trades at 36.1x trailing earnings (about 36.5x on estimated forward earnings), 15.9x sales, and 2.2x book value. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
36.1xExpensive
Forward P/E
36.5xExpensive
P/S ratio
15.9xExpensive
Revenue growth
6.7%Strong
EPS growth
-1.0%Weak
Gross margin
74.4%Strong
Net margin
41.5%Strong
ROE
7.0%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How PLD stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.

In the Real Estate sector (31 S&P 500 companies), PLD ranks #14 of 31 by our overall rating. It trades at a premium versus the sector on earnings (36.1x P/E vs. 30.8x median) with a lower return on equity (7.0% vs. 8.0%) and faster revenue growth (6.7% vs. 5.3%).

P/E vs sector

36.1x

median 30.8x

ROE vs sector

7.0%

median 8.0%

Growth vs sector

6.7%

median 5.3%

Sector rank

#14

of 31 by rating

CompanyP/ERev Gr.Rating
PLDThis stock36.1x6.7%Neutral· 54
WELL103.6x37.5%Neutral· 48
EQIX73.7x6.7%Neutral· 42
AMT28.2x6.3%Favorable· 66
SPG14.6x10.9%Strong· 73
DLR47.5x12.6%Neutral· 57
O50.1x9.8%Neutral· 48
PSA29.4x2.9%Neutral· 54
Real Estate median30.8x5.3%53/100

Valuation vs. quality map

sector medianWELLEQIXAMTSPGDLROPSAPLDP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$110.55$180.90

vs. $143.83 today · expected CAGR -5%5%

Metric20262027202820292030
Revenue$9.41B$10.06B$10.77B$11.52B$12.33B
Net income$3.57B$3.82B$4.09B$4.38B$4.68B
EPS$3.83$4.10$4.39$4.70$5.02
Share price (low)$84.34$90.24$96.56$103.31$110.55
Share price (high)$138.00$147.66$158.00$169.06$180.90
CAGR (low–high)-41% / -4%-21% / 1%-12% / 3%-8% / 4%-5% / 5%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for PLD:

  • High net margins (41.5%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~4.1%) funds buybacks and dividends.
  • Pays a 2.9% dividend on top of any price gains.
Bear Case

The case against PLD:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Valuation risk — at 36.1x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Prologis is a large-cap real estate business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 36.1x earnings, which our model scores Neutral (54/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.