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PLD

116.94USD-0.16(-0.14%)Market Closed

Prologis Inc

Market Summary

USD116.94-0.16Market Closed
-0.14%

PLD Alerts

PLD Stock Price

RSI Chart

Valuation

Market Cap

83.7B

Price/Earnings

20.51

Price/Sales

15.21

Price/Cashflow

23.47

MarketCap/EBT

19.04

Price/Sales

Profitability

EBT Margin

79.90%

Return on Equity

11.56%

Return on Assets

6.69%

Fundamentals

Revenue

Revenue (TTM)

5.5B

Revenue Y/Y

48%

Revenue Q/Q

39.84%

Earnings

Earnings (TTM)

4.1B

Earnings Y/Y

40.35%

Earnings Q/Q

66.09%

Price Action

52 Week Range

98.03173.29
(Low)(High)

Last 7 days

0.5%

Last 30 days

9.6%

Last 90 days

-4.1%

Trailing 12 Months

-23.0%

Financial Health

Debt/Equity

0.51

Debt/Cashflow

0.2

Investor Care

Dividend Yield

0.42%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

24.85%

Diluted EPS (TTM)

5.39

Peers (Alternatives to Prologis)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.52% -6.45%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
6.93% -18.34%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
17.64% -31.38%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
7.68% -22.22%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
3.65% -22.62%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
8.55% 0.13%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
10.36% -10.60%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.12% -36.63%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
15.26% 15.23%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
6.39% -39.17%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
11.48% -28.89%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
9.20% 0.38%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-3.48% -25.18%
538.82
1.96
2.16% 107.41%
1.2B
-
10.74% 8.70%
5
3.44
120.87% 1462.96%

Financials for Prologis

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue11.5%5,4994,9314,8304,7594,594
  S&GA Expenses7.0%319299290293285
Earnings Before Taxes6.1%4,3944,1434,1463,3232,331
Net Income7.7%4,0783,7873,7752,9921,999
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.0%60,94659,76459,78058,48657,017
    Cash Equivalents45.2%6364381,913556585
  Net PPE-118----
Liabilities2.2%21,33920,89021,31820,74420,259
  Long Term Debt0.5%18,13918,04118,36917,71517,136
Shareholder's Equity2.1%35,29334,57634,17233,42732,506
  Retained Earnings57.8%-312.94-740.76-764.42-1,327.83-2,107.99
  Additional Paid-In Capital0.1%35,60635,57435,54635,56235,527
Shares Outstanding0.0%740740740740739
Minority Interest0.4%4,3134,2984,2904,3154,251
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations12.3%3,5653,1763,0212,9962,884
  Share Based Compensation26.9%169133120113108
Cashflow From Investing-25.4%-4,304.96-3,433.07-1,599.53-1,990.06-1,391.08
Cashflow From Financing517.8%838136-173.53-1,008.32-1,824.99
  Dividend Payments5.7%2,2312,1121,9921,8731,835
  Buy BacksNaN%00
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on PLD?

31.1%


Probability that Prologis stock will be more than 20% underwater in next one year

28.5%


Probability that Prologis stock will be more than 30% underwater in next one year.

3.5%


Probability that Prologis stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PLD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Prologis was unfortunately bought at previous high price.

Returns

Cumulative Returns on PLD

16.4%


10-Year Cumulative Returns

18.6%


7-Year Cumulative Returns

14.8%


5-Year Cumulative Returns

11.2%


3-Year Cumulative Returns

What are the long-term rolling returns for PLD?

FIve years rolling returns for Prologis.

Which funds bought or sold PLD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
878,000
878,000
0.90%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-5.49
-4,412
17,000
0.01%
2022-11-23
Toroso Investments, LLC
ADDED
42.06
1,160,000
6,278,000
0.26%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-2,000
14,000
0.01%
2022-11-22
CVA Family Office, LLC
REDUCED
-1.76
-25,000
142,000
0.04%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
368,000
368,000
0.01%
2022-11-22
IHT Wealth Management, LLC
ADDED
20.28
25,000
653,000
0.05%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
19,450,000
19,450,000
0.23%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
15.59
-2,000
1,199,000
0.04%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-20,997,000
127,504,000
0.22%

1–10 of 43

Latest Funds Activity

Are funds buying PLD calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PLD

Prologis News

Seeking Alpha

STAG Industrial: Secure Stable Dividend Income (NYSE:STAG).60 minutes ago

PLD Fair Value

Recent SEC filings of Prologis

View All Filings
Date Filed Form Type Document
Nov 30, 2022
4
Insider Trading
Nov 22, 2022
424B3
Prospectus Filed
Nov 09, 2022
4
Insider Trading
Nov 03, 2022
8-K
Current Report
Oct 28, 2022
10-Q
Quarterly Report
Oct 19, 2022
8-K
Current Report
Oct 06, 2022
8-K
Current Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading

Latest Insider Trading transactions for PLD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
OCONNOR DAVID P
BOUGHT
1,027,170
114.13
9,000
-
2022-05-20
Modjtabai Avid
BOUGHT
1,779,750
118.65
15,000
-
2022-05-01
SKELTON JEFFREY L
ACQUIRED
-
-
2,621
-
2022-05-01
Piani Olivier
SOLD (Taxes)
-125,988
160.29
-786
-
2022-05-01
ZOLLARS WILLIAM D
ACQUIRED
-
-
2,621
-
2022-05-01
WEBB CARL B
ACQUIRED
-
-
2,621
-
2022-05-01
KENNARD LYDIA H
ACQUIRED
-
-
2,621
-
2022-05-01
BITA CRISTINA GABRIELA
ACQUIRED
-
-
2,621
-
2022-05-01
Piani Olivier
ACQUIRED
-
-
2,621
-
2022-04-25
LYONS IRVING F III
SOLD
-7,305,730
164.599
-44,385
-

1–10 of 50

Hamid R. Moghadam
2050
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, 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 984 million square feet (91 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.

PLD Income Statement

2022-09-30
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Rental$ 1,151,846$ 1,037,281$ 3,322,159$ 3,073,700
Strategic capital594,752141,448884,916390,796
Development management and other4,2944,32015,02517,711
Total revenues1,750,8921,183,0494,222,1003,482,207
Expenses:    
Rental284,707256,607830,846779,624
Strategic capital130,55552,389239,418146,938
General and administrative87,90366,970245,663219,344
Depreciation and amortization401,450390,8061,200,4101,181,117
Other7,0044,41328,21415,051
Total expenses911,619771,1852,544,5512,342,074
Operating income before gains on real estate transactions, net839,273411,8641,677,5491,140,133
Gains on dispositions of development properties and land, net74,678139,406390,686500,410
Gains on other dispositions of investments in real estate, net[1]1,019214,390585,854358,180
Operating income914,970765,6602,654,0891,998,723
Other income (expense):    
Earnings from unconsolidated entities, net84,92591,818241,481231,286
Interest expense(63,884)(63,638)(188,241)(203,331)
Foreign currency and derivative gains and interest and other income, net171,83263,326364,623142,859
Losses on early extinguishment of debt, net00(18,895)(187,453)
Total other income (expense)192,87391,506398,968(16,639)
Earnings before income taxes1,107,843857,1663,053,0571,982,084
Income tax expense(38,669)(59,435)(117,725)(134,347)
Consolidated net earnings1,069,174797,7312,935,3321,847,737
Less net earnings attributable to noncontrolling interests53,71074,193157,690156,676
Net earnings attributable to controlling interests1,015,464723,5382,777,6421,691,061
Less preferred stock/unit dividends/distributions1,5311,5314,6004,614
Net earnings attributable to common stockholders/unitholders$ 1,013,933$ 722,007$ 2,773,042$ 1,686,447
Weighted average common shares/units outstanding - Basic740,719739,439740,585739,217
Weighted average common shares/units outstanding - Diluted[2]766,372764,945766,019764,644
Net earnings per share/unit attributable to common stockholders/unitholders - Basic$ 1.37$ 0.98$ 3.74$ 2.28
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted$ 1.36$ 0.97$ 3.72$ 2.27
Prologis, L.P. [Member]    
Revenues:    
Rental$ 1,151,846$ 1,037,281$ 3,322,159$ 3,073,700
Strategic capital594,752141,448884,916390,796
Development management and other4,2944,32015,02517,711
Total revenues1,750,8921,183,0494,222,1003,482,207
Expenses:    
Rental284,707256,607830,846779,624
Strategic capital130,55552,389239,418146,938
General and administrative87,90366,970245,663219,344
Depreciation and amortization401,450390,8061,200,4101,181,117
Other7,0044,41328,21415,051
Total expenses911,619771,1852,544,5512,342,074
Operating income before gains on real estate transactions, net839,273411,8641,677,5491,140,133
Gains on dispositions of development properties and land, net74,678139,406390,686500,410
Gains on other dispositions of investments in real estate, net1,019214,390585,854358,180
Operating income914,970765,6602,654,0891,998,723
Other income (expense):    
Earnings from unconsolidated entities, net84,92591,818241,481231,286
Interest expense(63,884)(63,638)(188,241)(203,331)
Foreign currency and derivative gains and interest and other income, net171,83263,326364,623142,859
Losses on early extinguishment of debt, net00(18,895)(187,453)
Total other income (expense)192,87391,506398,968(16,639)
Earnings before income taxes1,107,843857,1663,053,0571,982,084
Income tax expense(38,669)(59,435)(117,725)(134,347)
Consolidated net earnings1,069,174797,7312,935,3321,847,737
Less net earnings attributable to noncontrolling interests24,97954,40679,257109,768
Net earnings attributable to controlling interests1,044,195743,3252,856,0751,737,969
Less preferred stock/unit dividends/distributions1,5311,5314,6004,614
Net earnings attributable to common stockholders/unitholders$ 1,042,664$ 741,794$ 2,851,475$ 1,733,355
Weighted average common shares/units outstanding - Basic753,616751,558753,515751,773
Weighted average common shares/units outstanding - Diluted766,372764,945766,019764,644
Net earnings per share/unit attributable to common stockholders/unitholders - Basic$ 1.37$ 0.98$ 3.74$ 2.28
Net earnings per share/unit attributable to common stockholders/unitholders - Diluted$ 1.36$ 0.97$ 3.72$ 2.27
[1]

Included in the three and nine months ended September 30, 2021, is the sale of our ownership interest in an unconsolidated other venture.

[2]Our total weighted average potentially dilutive shares and units outstanding consisted of the following:

PLD Balance Sheet

2022-09-30
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Investments in real estate properties$ 55,954,870$ 53,005,190
Less accumulated depreciation8,558,5767,668,187
Net investments in real estate properties47,396,29445,337,003
Investments in and advances to unconsolidated entities8,659,1298,610,958
Assets held for sale or contribution614,356669,688
Net investments in real estate56,669,77954,617,649
Cash and cash equivalents636,282556,117
Other assets3,639,4683,312,454
Total assets60,945,52958,486,220
Liabilities:  
Debt18,139,29917,715,054
Accounts payable and accrued expenses1,318,3781,252,767
Other liabilities1,881,5311,776,189
Total liabilities21,339,20820,744,010
Prologis, Inc. stockholders’ equity:  
Series Q preferred stock at stated liquidation preference of $50 per share; $0.01 par value; 1,279 shares issued and outstanding and 100,000 preferred shares authorized at September 30, 2022 and December 31, 202163,94863,948
Common stock; $0.01 par value; 740,411 shares and 739,827 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively7,4047,398
Additional paid-in capital35,606,31935,561,608
Accumulated other comprehensive loss(71,626)(878,253)
Distributions in excess of net earnings(312,945)(1,327,828)
Total Prologis, Inc. stockholders’ equity35,293,10033,426,873
Noncontrolling interests4,313,2214,315,337
Total equity39,606,32137,742,210
Total liabilities and equity60,945,52958,486,220
Prologis, L.P. [Member]  
ASSETS  
Investments in real estate properties55,954,87053,005,190
Less accumulated depreciation8,558,5767,668,187
Net investments in real estate properties47,396,29445,337,003
Investments in and advances to unconsolidated entities8,659,1298,610,958
Assets held for sale or contribution614,356669,688
Net investments in real estate56,669,77954,617,649
Cash and cash equivalents636,282556,117
Other assets3,639,4683,312,454
Total assets60,945,52958,486,220
Liabilities:  
Debt18,139,29917,715,054
Accounts payable and accrued expenses1,318,3781,252,767
Other liabilities1,881,5311,776,189
Total liabilities21,339,20820,744,010
Prologis, Inc. stockholders’ equity:  
Noncontrolling interests3,323,5413,397,538
Total capital39,606,32137,742,210
Total liabilities and equity60,945,52958,486,220
Partners’ capital:  
Total partners’ capital36,282,78034,344,672
Prologis, L.P. [Member] | Preferred [Member]  
Partners’ capital:  
General partner63,94863,948
Prologis, L.P. [Member] | Common [Member]  
Partners’ capital:  
General partner35,229,15233,362,925
Limited partners606,557557,097
Prologis, L.P. [Member] | Class A Common [Member]  
Partners’ capital:  
Limited partners$ 383,123$ 360,702