(PLD) Prologis - Ratings and Ratios

Prologis, Inc. (NYSE:PLD) is the preeminent global leader in logistics real estate, strategically focused on high-barrier, high-growth markets that underpin the modern supply chain. As of September 30, 2024, the company owned or had investments in properties and development projects totaling approximately 1.2 billion square feet (116 million square meters) across 20 countries. This expansive portfolio underscores Prologis dominance in a sector critical to the functioning of global commerce.

The companys customer base is both diverse and extensive, serving approximately 6,700 tenants. These customers span two primary categories: business-to-business (B2B) and retail/online fulfillment. Prologis facilities are designed to meet the demands of modern logistics, offering state-of-the-art infrastructure that supports the rapid movement of goods in an increasingly e-commerce-driven economy. Its properties are strategically located near major transportation hubs, such as ports, airports, and highways, ensuring efficient access to key markets.

From a financial perspective, Prologis operates with a market capitalization of $110.65 billion, reflecting its scale and market leadership. The companys price-to-earnings (P/E) ratio of 35.45 and forward P/E of 48.08 highlight investor expectations for sustained growth. Its price-to-book (P/B) ratio of 2.05 indicates a premium valuation relative to its book value, while the price-to-sales (P/S) ratio of 13.43 underscores the markets confidence in its revenue generation capabilities. These metrics position Prologis as a key player in the Industrial REIT sector, with a strong focus on delivering value to its shareholders.

For investors and fund managers, Prologis offers exposure to the secular tailwinds driving the logistics industry, including the rise of e-commerce, the need for last-mile delivery solutions, and the increasing complexity of global supply chains. The companys significant scale, strategic asset positioning, and deep customer relationships make it a critical component of the modern industrial real estate landscape.

Web URL: https://www.prologis.com