Prologis, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $8.8B | $8.2B | $8.0B | $6.0B | $4.8B |
| Operating expenses | $2.3B | $2.1B | $2.1B | $1.5B | — |
| Operating income | $4.4B | $4.4B | $3.7B | $3.5B | $3.2B |
| Interest expense | $1.0B | $863.9M | $641.3M | $309.0M | $266.2M |
| Pretax income | $3.8B | $4.1B | $3.5B | $3.7B | $3.3B |
| Income tax expense | $204.0M | $166.9M | $211.0M | $135.4M | $174.3M |
| Net income | $3.3B | $3.7B | $3.1B | $3.4B | $2.9B |
| Balance Sheet | |||||
| Cash and equivalents | $1.1B | $1.3B | $530.0M | $278.0M | $556.0M |
| Total assets | $98.7B | $95.3B | $93.0B | $87.9B | $58.5B |
| Total liabilities | $41.0B | $36.7B | $35.2B | $30.0B | $20.7B |
| Total debt | $35.6B | $31.4B | $29.6B | $24.4B | $17.8B |
| Stockholders' equity | $53.2B | $54.0B | $53.2B | $53.2B | $33.4B |
| Cash Flow Statement | |||||
| Cash from operations | $5.0B | $4.9B | $5.4B | $4.1B | $3.0B |
| Depreciation and amortization | $2.6B | $2.6B | $2.5B | $1.8B | $1.6B |
| Stock-based compensation | $185.5M | $231.7M | $267.6M | $175.4M | $113.0M |
| Dividends paid | $3.8B | $3.6B | $3.2B | $2.5B | $1.9B |
| Share repurchases | — | — | — | $0 | $0 |
Shares outstanding 932.3M · Free float 98.1%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.