PLD
PrologisPrevious close
127.98
Change
−0.04 / −0.03%
P/E (TTM) ?
29.2
Market Cap
$125B
1M
−1.43%
S&P 500 −0.91% over same period
Volume / Avg Volume
4.3M / 3.6M
1.22× average
Latest earnings analysisFY2026 Q2Reported 2026-07-16
Prologis Q2 2026: revenue up 11.1%, net income up 86.2%
Prologis grew second-quarter revenue 11.1% to $2.43 billion and nearly doubled net income to $1.06 billion, while GAAP earnings per share of $1.13 beat the $0.7979 consensus by 41.6%. The headline flatters the business in two ways: strategic capital revenue jumped 64.2% and gains on dispositions swelled. The cleaner signal is same-store cash NOI of 8.5%, above the top of full-year guidance.
Read the full analysis →Revenue$2.43BYoY +11.10%
EPS (non-GAAP)$1.63Beatest. $0.80
Next-day move−0.18%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-16 | $2.4B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-16 | $2.3B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-21 | $2.3B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-15 | $2.2B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-16 | $2.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-16 | $2.1B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 16 of its 5-year rangeCheap
5-year range 26.4 – 41.1 · Median 35.4
Last 4 quarters: $0 in buybacks + $3.8B in dividends, 3.06% of market cap combined
P/E (TTM)
29.2
P/B
2.2
P/S
13.3
Dividend Yield
3.11%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.0% on average on the first trading day after, rising 2 times
Most recent −0.18%
Volatility & Correlation
1-year beta 0.38 · Correlation with S&P 500 0.24Low beta
Annualized volatility 21% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q1 | 2.30 | +7.4% | — | 0.98 | 1.05 |
| FY2025 Q4 | 2.25 | +2.4% | — | — | 1.49 |
| FY2025 Q3 | 2.21 | +8.7% | — | 0.76 | 0.82 |
| FY2025 Q2 | 2.18 | +8.8% | — | 0.57 | 0.61 |
| FY2025 Q1 | 2.14 | +9.4% | — | 0.59 | 0.63 |
| FY2024 Q4 | 2.20 | +16.5% | — | — | 1.37 |
| FY2024 Q3 | 2.04 | +6.4% | — | 1.01 | 1.08 |
| FY2024 Q2 | 2.01 | −18.1% | — | 0.86 | 0.92 |
| FY2024 Q1 | 1.96 | +10.6% | — | 0.59 | 0.63 |
| FY2023 Q4 | 1.89 | +7.9% | — | — | 0.68 |
| FY2023 Q3 | 1.91 | +9.4% | — | 0.75 | 0.80 |
| FY2023 Q2 | 2.45 | +95.8% | — | 1.22 | 1.31 |