# Prologis, Inc. (PLD) · Edgar & Edgarette company card

> Prologis (PLD) grew revenue 7.2% in FY2025 to $8.8 billion, operating margin 49.6% against a 24.7% median for real estate investment trusts, equity 53.9% of assets, and dividend per share up 12 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1045609 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PLD) · [JSON](https://www.pops4.com/boards/company/PLD.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8.8B |
| Revenue growth, 1 year | 7.2% |
| Revenue growth per year | 16.6% |
| Operating margin | 49.6% (prior year 53.8%) |
| Net margin | 40.6% |
| Operating cash flow | $5.0B |
| Capital spending | — |
| Free cash flow | — |
| Cash | $1.1B |
| Long-term debt | $35.0B |
| Total assets | $98.7B |
| Total equity | $53.2B |
| Equity ÷ assets | 53.9% |
| Return on equity | 6.7% |
| Dividend per share | $4.04 |
| Dividend years rising | 12 |

## Readings, computed from those figures

- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $8.8B (FY2025), total debt $35.0B. Experience: revenue up 7.2% on the year, up 16.6% a year over 4 years; operating margin 49.6%, down from 53.8%. Soundness: equity 53.9% of assets, return on equity 6.7%, payout 105.6% of profit, dividend per share up 12 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $8.1B and $11.2B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $7.2B to $12.6B. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin 49.6% against a 24.7% median; growth 7.2% against 3.7%.

Range logged 2026-09-26, receipt 2e90e016c6f6934c, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-07-01 ([filing](https://www.sec.gov/Archives/edgar/data/1045609/000119312526291634/0001193125-26-291634-index.htm))

## Recent filings

- 8-K · filed 2026-10-30 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1045609/000110465926120653/0001104659-26-120653-index.htm)
- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/1045609/000119312526436160/0001193125-26-436160-index.htm)
- 8-K · filed 2026-10-15 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1045609/000119312526422375/0001193125-26-422375-index.htm)
- 8-K · filed 2026-08-06 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1045609/000110465926092072/0001104659-26-092072-index.htm)
- 8-K · filed 2026-08-05 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1045609/000110465926090724/0001104659-26-090724-index.htm)
- 8-K · filed 2026-08-04 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 3.02 Unregistered Sales of Equity Securities; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1045609/000110465926089980/0001104659-26-089980-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001045609.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1045609

## Cite

POPS4, Edgar & Edgarette: Prologis, Inc. (PLD) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/PLD. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.