Financials in USD. Standardized financial statements.
A compact view of how Prologis, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $8.79B | $8.20B | $8.02B | $5.97B | $4.76B | $4.44B | $3.33B | $2.80B | $2.62B | $2.53B |
| Revenue Growth? | +7.2% | +2.2% | +34.3% | +25.5% | +7.2% | +33.3% | +18.8% | +7.1% | +3.4% | 0.0% |
| Cost of Revenue? | $3.55B | $2.06B | $2.01B | $1.51B | $1.25B | $1.17B | $918.93M | $757.69M | $724.66M | $697.38M |
| Gross Profit? | $5.24B | $6.14B | $6.01B | $4.46B | $3.51B | $3.27B | $2.41B | $2.05B | $1.89B | $1.84B |
| Gross Margin? | +59.6% | +74.9% | +74.9% | +74.7% | +73.8% | +73.6% | +72.4% | +73.0% | +72.3% | +72.5% |
| Operating Expenses? | $1.70B | $1.73B | $2.31B | $997.06M | $303.96M | $1.15B | $561.93M | $358.76M | -$60.56M | $1.17B |
| Operating Income? | $3.54B | $4.42B | $3.71B | $3.47B | $3.21B | $2.12B | $1.85B | $1.69B | $1.95B | $668.38M |
| EBITDA? | $7.20B | $7.53B | $6.57B | $5.80B | $5.15B | $3.61B | $3.14B | $3.05B | $2.95B | $2.57B |
| Income Before Tax | $3.77B | $4.11B | $3.46B | $3.69B | $3.32B | $1.75B | $1.78B | $1.89B | $1.82B | $1.35B |
| Income Tax Expense | $204.02M | $166.94M | $211.04M | $135.41M | $174.26M | $130.46M | $74.52M | $63.33M | $54.61M | $54.56M |
| Net Income? | $3.41B | $3.73B | $3.06B | $3.36B | $2.94B | $1.48B | $1.57B | $1.65B | $1.65B | $1.21B |
| EPS? | $3.57 | $4.03 | $3.30 | $4.15 | $3.86 | $1.97 | $2.41 | $2.91 | $3.10 | $2.29 |
| Diluted EPS? | $3.54 | $4.01 | $3.29 | $4.13 | $3.84 | $1.95 | $2.40 | $2.79 | $3.06 | $2.27 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality