Screener / SEC EDGAR /CIK 0001045609 /10-K filed Feb 13, 2026, compared with Feb 14, 2025 /Numbers from the XBRL of the 10-Ks
NYSE, OTC Real estate · REIT

Prologis PLD

Compare with peers Embed

PLD among the 30 companies we cover

Where it stands · the better end on the right. The band holds the middle half; the line is the median.

All 30
Sales growth
+2.7%+7.6%
+7.2%9th of 29 · median +5.1%
Net margin
12.1%34.5%
41.5%4th of 29 · median 21.7%
Return on equity
4.8%14.8%
6.9%17th of 27 · median 7.8%
Debt / equity (less is better)
1.190.58
0.658th of 24 · median 0.84

PLD and 9 peers, year by year

The 9 Real estate companies closest to PLD in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

Choose the peers

Real estate companies (up to 9):

Each company's latest fiscal year
CompanyYearRevenueSales growthGross marginOperating marginNet marginFCF marginReturn on equityDebt / equity
PLD Prologis FY2025 $8.8B+7.2%-49.6%37.9%-6.3%0.66
EQIX Equinix FY2025 $9.2B+5.4%-20.0%14.6%−4.3%9.5%0.14
IRM Iron Mountain FY2025 $6.9B+12.2%-16.9%2.1%−13.5%n/mn/m
SPG Simon Property Group FY2025 $6.4B+6.7%-49.9%72.7%50.3%88.8%5.46
WY Weyerhaeuser FY2025 $6.9B−3.1%14.8%10.6%4.7%-3.4%0.59
AMT American Tower FY2025 $10.6B+20.8%-45.5%23.8%35.5%69.3%10.19
VTR Ventas FY2025 $5.8B+18.5%--4.3%−22.0%2.0%1.04
DLR Digital Realty FY2025 $6.1B+10.0%-10.8%21.4%-5.7%-
HST Host Hotels & Resorts FY2025 $6.1B+7.6%-14.0%12.5%-11.7%0.19
O Realty Income FY2025 $5.7B+9.1%--18.4%-2.7%0.01
Revenuepeer median $6.4B
Sales growthpeer median +9.1%
Operating marginpeer median 16.9%
Net marginpeer median 14.6%
FCF marginpeer median −4.3%
Return on equitypeer median 7.6%
Debt / equitypeer median 0.59

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: $3.6B, $4.4B, $5.1B, $5.6B, $6.0B, $6.6B, $7.3B, $8.2B, $8.7B, $9.2B EQIX IRM: $3.5B, $3.8B, $4.2B, $4.3B, $4.1B, $4.5B, $5.1B, $5.5B, $6.1B, $6.9B IRM SPG: $5.4B, $5.5B, $5.6B, $5.8B, $4.6B, $5.1B, $5.3B, $5.7B, $6.0B, $6.4B SPG WY: $6.4B, $7.2B, $7.5B, $6.6B, $7.5B, $10.2B, $10.2B, $7.7B, $7.1B, $6.9B WY AMT: $5.8B, $6.7B, $7.4B, $7.6B, $8.0B, $9.4B, $9.6B, $10.0B, $10.1B, $10.6B AMT VTR: $3.4B, $3.6B, $3.7B, $3.9B, $3.8B, $3.8B, $4.1B, $4.5B, $4.9B, $5.8B VTR DLR: $2.1B, $2.5B, $3.0B, $3.2B, $3.9B, $4.4B, $4.7B, $5.5B, $5.6B, $6.1B DLR HST: $5.4B, $5.4B, $5.5B, $5.5B, $1.6B, $2.9B, $4.9B, $5.3B, $5.7B, $6.1B HST O: $1.1B, $1.2B, $1.3B, $1.5B, $1.6B, $2.1B, $3.3B, $4.1B, $5.3B, $5.7B O PLD: $2.5B, $2.6B, $2.8B, $3.3B, $4.4B, $4.8B, $6.0B, $8.0B, $8.2B, $8.8B PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from $1.1B to $10.6B. A gap is a year with no number.

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: +32.5%, +20.9%, +16.1%, +9.7%, +7.8%, +10.6%, +9.5%, +12.7%, +6.8%, +5.4% EQIX IRM: +16.7%, +9.5%, +9.9%, −1.4%, −11.9%, +8.3%, +13.6%, +7.4%, +12.2%, +12.2% IRM SPG: +3.2%, +1.9%, +2.1%, +1.9%, −19.9%, +11.1%, +3.4%, +6.9%, +5.4%, +6.7% SPG WY: +21.3%, +13.1%, +3.9%, −12.3%, +14.9%, +35.4%, −0.2%, −24.6%, −7.2%, −3.1% WY AMT: +21.3%, +15.2%, +11.6%, +1.9%, −6.0%, +44.7%, +19.2%, −11.1%, +3.7%, +20.8% AMT VTR: +4.8%, +3.8%, +4.8%, +3.4%, −2.0%, +0.9%, +7.9%, +8.9%, +9.5%, +18.5% VTR DLR: +21.5%, +14.7%, +23.9%, +5.3%, +21.6%, +13.4%, +6.0%, +16.7%, +1.4%, +10.0% DLR HST: +1.5%, −0.8%, +2.5%, −1.0%, −70.4%, +78.4%, +69.8%, +8.2%, +7.0%, +7.6% HST O: -, +10.2%, +9.2%, +12.3%, +10.7%, +26.3%, +60.7%, +22.0%, +29.2%, +9.1% O PLD: -, +3.4%, +7.1%, +18.8%, +33.3%, +7.2%, +25.5%, +34.3%, +2.2%, +7.2% PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from −70.4% to +78.4%. A gap is a year with no number.

Gross margin, FY2016 to FY2025

Gross profit / revenue.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 WY: 21.8%, 26.4%, 25.2%, 17.4%, 27.7%, 40.2%, 35.5%, 21.9%, 18.4%, 14.8% WY
PLD is the bold green line, each peer a thinner cyan one, on one scale from 14.8% to 40.2%. A gap is a year with no number.
CompanyFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
PLD Dec ----------
EQIX Dec ----------
IRM Dec ----------
SPG Dec ----------
WY Dec 21.8%26.4%25.2%17.4%27.7%40.2%35.5%21.9%18.4%14.8%
AMT Dec ----------
VTR Dec ----------
DLR Dec ----------
HST Dec ----------
O Dec ----------
Peer median----------

Operating margin, FY2016 to FY2025

Operating income / revenue.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: 17.1%, 18.5%, 19.3%, 21.0%, 17.6%, 16.7%, 16.5%, 17.6%, 15.2%, 20.0% EQIX IRM: 14.3%, 16.5%, 19.1%, 18.3%, 22.5%, 19.0%, 20.6%, 16.8%, 16.4%, 16.9% IRM SPG: 50.1%, 50.7%, 51.8%, 50.6%, 42.8%, 47.2%, 48.8%, 49.6%, 51.9%, 49.9% SPG WY: 12.9%, 15.7%, 18.6%, 9.9%, 22.7%, 35.7%, 30.2%, 15.5%, 9.6%, 10.6% WY AMT: 32.0%, 30.0%, 25.6%, 35.5%, 35.9%, 33.5%, 28.4%, 31.2%, 44.6%, 45.5% AMT DLR: 23.2%, 18.4%, 18.0%, 18.5%, 14.3%, 15.7%, 12.6%, 9.6%, 8.5%, 10.8% DLR HST: 12.6%, 12.5%, 9.6%, 14.6%, −58.8%, −8.7%, 15.8%, 15.6%, 15.4%, 14.0% HST PLD: 26.4%, 74.6%, 60.2%, 55.5%, 47.7%, 67.4%, 58.0%, 46.2%, 53.8%, 49.6% PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from −58.8% to 74.6%. A gap is a year with no number.

Net margin, FY2016 to FY2025

Net income / revenue.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: 3.5%, 5.3%, 7.2%, 9.1%, 6.2%, 7.5%, 9.7%, 11.8%, 9.3%, 14.6% EQIX IRM: 3.0%, 4.4%, 8.4%, 6.3%, 8.3%, 10.0%, 10.9%, 3.4%, 2.9%, 2.1% IRM SPG: 33.8%, 35.2%, 43.2%, 36.5%, 24.1%, 43.9%, 40.4%, 40.3%, 39.7%, 72.7% SPG WY: 16.1%, 8.1%, 10.0%, −1.2%, 10.6%, 25.6%, 18.5%, 10.9%, 5.6%, 4.7% WY AMT: 16.5%, 18.6%, 16.6%, 24.9%, 21.0%, 27.4%, 18.3%, 14.8%, 22.3%, 23.8% AMT VTR: 18.9%, 38.0%, 10.9%, 11.2%, 11.6%, 1.3%, −1.1%, −0.9%, 1.6%, 4.3% VTR DLR: 19.9%, 10.1%, 10.9%, 18.1%, 9.1%, 38.6%, 8.0%, 17.3%, 10.8%, 21.4% DLR HST: 14.0%, 10.5%, 19.7%, 16.8%, −45.2%, −0.4%, 12.9%, 13.9%, 12.3%, 12.5% HST O: 28.6%, 26.2%, 27.4%, 29.3%, 24.0%, 17.3%, 26.0%, 21.4%, 16.3%, 18.4% O PLD: 47.8%, 63.1%, 58.8%, 47.2%, 33.4%, 61.8%, 56.3%, 38.1%, 45.5%, 37.9% PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from −45.2% to 72.7%. A gap is a year with no number.

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: −$94.0M, $60.5M, −$280.7M, −$86.8M, $27.3M, −$204.3M, $685.0M, $436.0M, $183.0M, −$400.0M EQIX IRM: $215.3M, $377.8M, $475.5M, $273.7M, $549.4M, $147.8M, $52.3M, −$225.7M, −$594.9M, −$931.6M IRM SPG: $2.6B, $2.9B, $3.0B, $2.9B, $1.8B, $3.1B, $3.1B, $3.1B, $3.1B, $3.2B SPG WY: $284.0M, $843.0M, $744.0M, -, -, -, -, -, -, - WY AMT: $2.0B, $2.1B, $2.8B, $2.8B, $2.8B, $3.4B, $1.8B, $2.9B, $3.7B, $3.8B AMT VTR: $1.2B, $1.3B, $1.2B, $1.3B, $842.9M, −$775.9M, $219.5M, $470.4M, −$1.2B, −$1.3B VTR HST: $1.0B, $1.0B, $1.0B, -, -, -, -, -, -, - HST
PLD is the bold green line, each peer a thinner cyan one, on one scale from −$1.3B to $3.8B. A gap is a year with no number.

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: −2.6%, 1.4%, −5.5%, −1.6%, 0.5%, −3.1%, 9.4%, 5.3%, 2.1%, −4.3% EQIX IRM: 6.1%, 9.8%, 11.3%, 6.4%, 13.2%, 3.3%, 1.0%, −4.1%, −9.7%, −13.5% IRM SPG: 47.4%, 51.8%, 52.6%, 50.9%, 40.0%, 60.8%, 58.9%, 55.4%, 51.3%, 50.3% SPG WY: 4.5%, 11.7%, 10.0%, -, -, -, -, -, -, - WY AMT: 34.9%, 31.8%, 38.1%, 36.4%, 35.4%, 36.8%, 18.9%, 29.2%, 36.5%, 35.5% AMT VTR: 35.9%, 36.3%, 33.4%, 33.1%, 22.2%, −20.3%, 5.3%, 10.5%, −24.4%, −22.0% VTR HST: 18.6%, 19.0%, 18.6%, -, -, -, -, -, -, - HST
PLD is the bold green line, each peer a thinner cyan one, on one scale from −24.4% to 60.8%. A gap is a year with no number.
CompanyFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
PLD Dec ----------
EQIX Dec −2.6%1.4%−5.5%−1.6%0.5%−3.1%9.4%5.3%2.1%−4.3%
IRM Dec 6.1%9.8%11.3%6.4%13.2%3.3%1.0%−4.1%−9.7%−13.5%
SPG Dec 47.4%51.8%52.6%50.9%40.0%60.8%58.9%55.4%51.3%50.3%
WY Dec 4.5%11.7%10.0%-------
AMT Dec 34.9%31.8%38.1%36.4%35.4%36.8%18.9%29.2%36.5%35.5%
VTR Dec 35.9%36.3%33.4%33.1%22.2%−20.3%5.3%10.5%−24.4%−22.0%
DLR Dec ----------
HST Dec 18.6%19.0%18.6%-------
O Dec ----------
Peer median18.6%19.0%18.6%33.1%22.2%3.3%9.4%10.5%2.1%−4.3%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: 2.9%, 3.4%, 5.1%, 5.7%, 3.5%, 4.6%, 6.1%, 7.8%, 6.0%, 9.5% EQIX IRM: 5.4%, 7.4%, 19.0%, 18.3%, 30.1%, 52.6%, 87.5%, 87.0%, n/m, n/m IRM SPG: 42.6%, 52.8%, 73.9%, 83.1%, 36.5%, 66.8%, 68.1%, 75.4%, 80.5%, 88.8% SPG WY: 11.2%, 6.5%, 8.3%, −0.9%, 9.1%, 24.2%, 17.5%, 8.2%, 4.1%, 3.4% WY AMT: 14.1%, 19.8%, 23.2%, 37.3%, 41.3%, 50.5%, 31.7%, 35.3%, 66.7%, 69.3% AMT VTR: 6.2%, 12.5%, 4.0%, 4.1%, 4.3%, 0.5%, −0.5%, −0.4%, 0.8%, 2.0% VTR DLR: 8.4%, 2.4%, 3.4%, 5.9%, 2.0%, 9.5%, 2.1%, 5.0%, 2.8%, 5.7% DLR HST: 10.9%, 8.1%, 14.5%, 12.6%, −11.6%, −0.2%, 9.4%, 11.2%, 10.5%, 11.7% HST O: 4.7%, 4.3%, 4.5%, 4.5%, 3.6%, 1.4%, 3.0%, 2.6%, 2.2%, 2.7% O PLD: 8.1%, 10.6%, 7.4%, 6.9%, 4.6%, 8.8%, 6.3%, 5.8%, 6.9%, 6.3% PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from −11.6% to 88.8%. A gap is a year with no number.

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: 1.22, 1.24, 1.37, 1.18, 1.00, 1.08, 1.12, 1.11, 1.13, 0.14 EQIX IRM: 3.23, 3.07, 4.38, 5.92, 7.66, 10.83, 16.60, n/m, n/m, n/m IRM SPG: 5.33, 6.68, 7.07, 9.56, 8.79, 7.53, 7.95, 8.61, 8.25, 5.46 SPG WY: 0.72, 0.67, 0.65, 0.75, 0.63, 0.47, 0.47, 0.50, 0.52, 0.59 WY AMT: 2.74, 3.24, 3.97, 0.00, 7.15, 8.56, 6.98, 9.24, 10.79, 10.19 AMT VTR: 1.06, 1.04, 1.05, 1.22, 1.17, 1.13, 1.25, 1.42, 1.26, 1.04 VTR HST: 0.17, 0.21, 0.06, 0.06, 0.07, 0.07, 0.11, 0.11, 0.14, 0.19 HST O: 0.59, -, -, -, 0.00, 0.04, 0.02, 0.02, 0.00, 0.01 O PLD: 0.71, 0.60, 0.50, 0.53, 0.53, 0.01, 0.45, 0.55, 0.57, 0.66 PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from 0.00 to 16.60. A gap is a year with no number.

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025 EQIX: $1.79, $3.00, $4.56, $5.99, $4.18, $5.53, $7.67, $10.31, $8.50, $13.76 EQIX IRM: $0.42, $0.64, $1.23, $0.93, $1.19, $1.55, $1.90, $0.63, $0.61, $0.49 IRM SPG: $5.87, $6.24, $7.87, $6.81, $3.59, $6.84, $6.52, $6.98, $7.26, $14.17 SPG WY: $1.39, $0.77, $0.99, −$0.10, $1.07, $3.47, $2.53, $1.15, $0.54, $0.45 WY AMT: $1.98, $2.67, $2.77, $4.24, $3.79, $5.66, $3.82, $3.18, $4.82, $5.40 AMT VTR: $1.86, $3.78, $1.14, $1.17, $1.17, $0.13, −$0.12, −$0.10, $0.19, $0.54 VTR DLR: $2.20, $0.99, $1.21, $2.35, $1.00, $5.94, $1.11, $2.88, $1.61, $3.58 DLR HST: $1.02, $0.76, $1.47, $1.26, −$1.04, −$0.02, $0.88, $1.04, $0.99, $1.10 HST O: $1.13, $1.10, $1.26, $1.38, $1.14, $0.87, $1.42, $1.26, $0.98, $1.17 O PLD: $2.27, $3.06, $2.87, $2.46, $2.01, $3.94, $4.25, $3.29, $4.01, $3.56 PLD
PLD is the bold green line, each peer a thinner cyan one, on one scale from −$1.04 to $14.17. A gap is a year with no number.

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out PLD and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more

Sources

Each company's 10-K, from SEC's XBRL company facts. Every number links to its filing in the Inline XBRL viewer.

Also

Financials: PLD's own statements, year by year. Compare: the whole peer group on one page.

Work with it

Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/PLD/export.csv") into a cell.

Next:Industry numbers