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Prologis Inc
Previous close
$114.21
Day range
$113.94 - $116.00
Year range
$101.11 - $137.52
Market cap
107.28B USD
Avg Volume
3.70M
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 2.12B | 6.80% |
Operating expense | 763.10M | 1.61% |
Net income | 1.01B | 34.52% |
Net profit margin | 47.41 | 25.96% |
Earnings per share | 1.08 | 35.00% |
EBITDA | 1.52B | 10.29% |
Effective tax rate | 0.39% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 780.87M | 4.87% |
Total assets | 95.91B | 4.30% |
Total liabilities | 38.24B | 13.51% |
Total equity | 57.66B | — |
Shares outstanding | 926.18M | — |
Price to book | 2.00 | — |
Return on assets | 2.29% | — |
Return on capital | 2.43% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 1.01B | 34.52% |
Cash from operations | 1.43B | -27.14% |
Cash from investing | -1.71B | -144.81% |
Cash from financing | 445.06M | 142.48% |
Net change in cash | 182.52M | -12.97% |
Free cash flow | 1.52B | 60.47% |
About
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase. Wikipedia
Founded
1983
Headquarters
Website
Employees
2,574