(PLD) Prologis - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US74340W1036
Stock: Warehouses, Distribution Centers, Logistics Facilities, Industrial Properties
Total Rating 61
Risk 84
Buy Signal 0.54
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.54% |
| Yield on Cost 5y | 4.34% |
| Yield CAGR 5y | 12.52% |
| Payout Consistency | 95.9% |
| Payout Ratio | 82.1% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.7% |
| Relative Tail Risk | -3.84% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | 5.83 |
| Character TTM | |
|---|---|
| Beta | 0.820 |
| Beta Downside | 0.948 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.37% |
| CAGR/Max DD | 0.18 |
Description: PLD Prologis January 27, 2026
Prologis Inc. (NYSE: PLD) is the world’s largest owner, operator, and developer of logistics real estate, concentrating on “high-barrier, high-growth” markets. As of 30 Sept 2025 the company controlled roughly 1.3 billion sq ft (≈120 million m²) of warehouses and development projects across 20 countries, leasing to about 6,500 customers in B2B and retail/online-fulfillment segments.
Recent metrics that sharpen the outlook: • Occupancy remained at 96 % in Q4 2023, the highest in the REIT’s 30-year history, reflecting sustained e-commerce demand and limited new supply in core markets. • FY 2023 funds-from-operations (FFO) grew 7 % YoY to $5.30 per share, driven by rent escalations tied to inflation-linked leases. • U.S. industrial vacancy fell to 4.2 % in Q2 2024, the lowest level since 2015, underscoring a tight labor-intensive supply chain environment that favors asset-light logistics providers. These figures assume continued macro-economic stability and no abrupt shifts in interest-rate policy.
For a deeper, data-driven valuation, you may want to explore Prologis on ValueRay to see how these fundamentals translate into forward-looking price targets.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 3.41b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.01 > 1.0 |
| NWC/Revenue: -52.15% < 20% (prev -2.68%; Δ -49.48% < -1%) |
| CFO/TA 0.05 > 3% & CFO 5.19b > Net Income 3.41b |
| Net Debt (33.89b) to EBITDA (7.20b): 4.71 < 3 |
| Current Ratio: 0.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (958.0m) vs 12m ago 0.46% < -2% |
| Gross Margin: 59.60% > 18% (prev 0.75%; Δ 5885 % > 0.5%) |
| Asset Turnover: 9.06% > 50% (prev 8.60%; Δ 0.46% > 0%) |
| Interest Coverage Ratio: 4.56 > 6 (EBITDA TTM 7.20b / Interest Expense TTM 1.00b) |
Altman Z'' -0.07
| A: -0.05 (Total Current Assets 1.35b - Total Current Liabilities 5.93b) / Total Assets 98.72b |
| B: -0.01 (Retained Earnings -1.36b / Total Assets 98.72b) |
| C: 0.05 (EBIT TTM 4.57b / Avg Total Assets 97.03b) |
| D: -0.04 (Book Value of Equity -1.53b / Total Liabilities 40.97b) |
| Altman-Z'' Score: -0.07 = B |
What is the price of PLD shares?
As of February 07, 2026, the stock is trading at USD 136.95 with a total of 2,970,286 shares traded.
Over the past week, the price has changed by +4.89%, over one month by +7.45%, over three months by +11.30% and over the past year by +19.65%.
Over the past week, the price has changed by +4.89%, over one month by +7.45%, over three months by +11.30% and over the past year by +19.65%.
Is PLD a buy, sell or hold?
Prologis has received a consensus analysts rating of 3.88.
Therefore, it is recommended to buy PLD.
- StrongBuy: 9
- Buy: 5
- Hold: 8
- Sell: 2
- StrongSell: 0
What are the forecasts/targets for the PLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 138.9 | 1.4% |
| Analysts Target Price | 138.9 | 1.4% |
| ValueRay Target Price | 145.5 | 6.2% |
PLD Fundamental Data Overview February 01, 2026
P/E Trailing = 37.8435
P/E Forward = 51.0204
P/S = 13.1924
P/B = 2.3042
P/EG = 169.871
Revenue TTM = 8.79b USD
EBIT TTM = 4.57b USD
EBITDA TTM = 7.20b USD
Long Term Debt = 35.04b USD (from longTermDebt, last quarter)
Short Term Debt = 224.9m USD (from shortTermDebt, two quarters ago)
Debt = 35.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.89b USD (from netDebt column, last quarter)
Enterprise Value = 155.16b USD (121.27b + Debt 35.04b - CCE 1.15b)
Interest Coverage Ratio = 4.56 (Ebit TTM 4.57b / Interest Expense TTM 1.00b)
EV/FCF = 29.92x (Enterprise Value 155.16b / FCF TTM 5.19b)
FCF Yield = 3.34% (FCF TTM 5.19b / Enterprise Value 155.16b)
FCF Margin = 58.99% (FCF TTM 5.19b / Revenue TTM 8.79b)
Net Margin = 38.80% (Net Income TTM 3.41b / Revenue TTM 8.79b)
Gross Margin = 59.60% ((Revenue TTM 8.79b - Cost of Revenue TTM 3.55b) / Revenue TTM)
Gross Margin QoQ = 44.62% (prev 45.71%)
Tobins Q-Ratio = 1.57 (Enterprise Value 155.16b / Total Assets 98.72b)
Interest Expense / Debt = 0.74% (Interest Expense 260.5m / Debt 35.04b)
Taxrate = 5.28% (82.7m / 1.56b)
NOPAT = 4.33b (EBIT 4.57b * (1 - 5.28%))
Current Ratio = 0.23 (Total Current Assets 1.35b / Total Current Liabilities 5.93b)
Debt / Equity = 0.66 (Debt 35.04b / totalStockholderEquity, last quarter 53.19b)
Debt / EBITDA = 4.71 (Net Debt 33.89b / EBITDA 7.20b)
Debt / FCF = 6.54 (Net Debt 33.89b / FCF TTM 5.19b)
Total Stockholder Equity = 53.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.52% (Net Income 3.41b / Total Assets 98.72b)
RoE = 6.43% (Net Income TTM 3.41b / Total Stockholder Equity 53.01b)
RoCE = 5.19% (EBIT 4.57b / Capital Employed (Equity 53.01b + L.T.Debt 35.04b))
RoIC = 4.98% (NOPAT 4.33b / Invested Capital 86.96b)
WACC = 7.09% (E(121.27b)/V(156.31b) * Re(8.94%) + D(35.04b)/V(156.31b) * Rd(0.74%) * (1-Tc(0.05)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.29%
[DCF Debug] Terminal Value 84.16% ; FCFF base≈4.73b ; Y1≈5.78b ; Y5≈9.62b
Fair Price DCF = 177.9 (EV 199.18b - Net Debt 33.89b = Equity 165.29b / Shares 928.9m; r=7.09% [WACC]; 5y FCF grow 23.71% → 2.90% )
EPS Correlation: -3.24 | EPS CAGR: -0.18% | SUE: 2.99 | # QB: 1
Revenue Correlation: 77.55 | Revenue CAGR: 17.79% | SUE: 1.65 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.72 | Chg30d=+0.073 | Revisions Net=+0 | Analysts=5
EPS current Year (2026-12-31): EPS=2.91 | Chg30d=+0.032 | Revisions Net=-1 | Growth EPS=-18.2% | Growth Revenue=+7.0%
EPS next Year (2027-12-31): EPS=3.30 | Chg30d=+0.086 | Revisions Net=-1 | Growth EPS=+13.2% | Growth Revenue=+6.6%
P/E Forward = 51.0204
P/S = 13.1924
P/B = 2.3042
P/EG = 169.871
Revenue TTM = 8.79b USD
EBIT TTM = 4.57b USD
EBITDA TTM = 7.20b USD
Long Term Debt = 35.04b USD (from longTermDebt, last quarter)
Short Term Debt = 224.9m USD (from shortTermDebt, two quarters ago)
Debt = 35.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.89b USD (from netDebt column, last quarter)
Enterprise Value = 155.16b USD (121.27b + Debt 35.04b - CCE 1.15b)
Interest Coverage Ratio = 4.56 (Ebit TTM 4.57b / Interest Expense TTM 1.00b)
EV/FCF = 29.92x (Enterprise Value 155.16b / FCF TTM 5.19b)
FCF Yield = 3.34% (FCF TTM 5.19b / Enterprise Value 155.16b)
FCF Margin = 58.99% (FCF TTM 5.19b / Revenue TTM 8.79b)
Net Margin = 38.80% (Net Income TTM 3.41b / Revenue TTM 8.79b)
Gross Margin = 59.60% ((Revenue TTM 8.79b - Cost of Revenue TTM 3.55b) / Revenue TTM)
Gross Margin QoQ = 44.62% (prev 45.71%)
Tobins Q-Ratio = 1.57 (Enterprise Value 155.16b / Total Assets 98.72b)
Interest Expense / Debt = 0.74% (Interest Expense 260.5m / Debt 35.04b)
Taxrate = 5.28% (82.7m / 1.56b)
NOPAT = 4.33b (EBIT 4.57b * (1 - 5.28%))
Current Ratio = 0.23 (Total Current Assets 1.35b / Total Current Liabilities 5.93b)
Debt / Equity = 0.66 (Debt 35.04b / totalStockholderEquity, last quarter 53.19b)
Debt / EBITDA = 4.71 (Net Debt 33.89b / EBITDA 7.20b)
Debt / FCF = 6.54 (Net Debt 33.89b / FCF TTM 5.19b)
Total Stockholder Equity = 53.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.52% (Net Income 3.41b / Total Assets 98.72b)
RoE = 6.43% (Net Income TTM 3.41b / Total Stockholder Equity 53.01b)
RoCE = 5.19% (EBIT 4.57b / Capital Employed (Equity 53.01b + L.T.Debt 35.04b))
RoIC = 4.98% (NOPAT 4.33b / Invested Capital 86.96b)
WACC = 7.09% (E(121.27b)/V(156.31b) * Re(8.94%) + D(35.04b)/V(156.31b) * Rd(0.74%) * (1-Tc(0.05)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.29%
[DCF Debug] Terminal Value 84.16% ; FCFF base≈4.73b ; Y1≈5.78b ; Y5≈9.62b
Fair Price DCF = 177.9 (EV 199.18b - Net Debt 33.89b = Equity 165.29b / Shares 928.9m; r=7.09% [WACC]; 5y FCF grow 23.71% → 2.90% )
EPS Correlation: -3.24 | EPS CAGR: -0.18% | SUE: 2.99 | # QB: 1
Revenue Correlation: 77.55 | Revenue CAGR: 17.79% | SUE: 1.65 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.72 | Chg30d=+0.073 | Revisions Net=+0 | Analysts=5
EPS current Year (2026-12-31): EPS=2.91 | Chg30d=+0.032 | Revisions Net=-1 | Growth EPS=-18.2% | Growth Revenue=+7.0%
EPS next Year (2027-12-31): EPS=3.30 | Chg30d=+0.086 | Revisions Net=-1 | Growth EPS=+13.2% | Growth Revenue=+6.6%