Prologis Past Earnings Performance
Past criteria checks 2/6
Prologis has been growing earnings at an average annual rate of 16%, while the Industrial REITs industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 18.4% per year. Prologis's return on equity is 5.7%, and it has net margins of 37.4%.
Key information
16.0%
Earnings growth rate
8.8%
EPS growth rate
| Industrial REITs Industry Growth | 24.3% |
| Revenue growth rate | 18.4% |
| Return on equity | 5.7% |
| Net Margin | 37.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Prologis: Opportunity Knocks With A Perfect Blend Of Yield And Growth
Nov 173% Yield And Double-Digit Growth: Why Prologis Remains One Of The Best REITs Money Can Buy
Oct 19Prologis To Benefit From Tailwinds In Logistics And In AI
Sep 17Prologis: Still On Track If Deglobalization Continues
Aug 14Prologis: One Of The Most Compelling Opportunities In Listed Real Estate
Jul 30Prologis: Q2 2024 Results Update - Still A Strong Buy
Jul 18Unboxing Dividends Why Prologis Is A Shareholder's Dream
Jul 08Prologis Is A Bargain After Its Recent Price Drop
Jun 08Prologis Has Crashed: Buy, Hold, Or Sell?
May 07What Just Happened To Prologis?
Apr 23Prologis: How Amazon's Secret Weapon Could Be Your Next Winner
Mar 25Prologis: Buy This REIT Now For Winning Dividend Growth
Feb 23Prologis: A REIT Gem For Good And Bad Times
Jan 22Prologis: Overvalued Common And Preferred Shares
Jan 16Prologis: More Than Just A REIT, It's A Leading Energy Company And Much More
Dec 22Prologis: 4 Reasons You Should Own This REIT Going Into 2024 And Beyond
Dec 15Prologis: My Top REIT Choice For 2024 With Market Beating Returns Potential
Nov 20All Roads Lead To Prologis: Why We Love This Industrial Juggernaut
Oct 20Prologis: A Good Income Investment In The REIT Sector
Oct 12Prologis: Look To Buy Under $80
Sep 25Prologis: Well Positioned For High Interest Rates
Sep 18Prologis - One Of The Best REITs Money Can Buy
Aug 14Prologis: Deglobalization Could Be The Next Dominant Tailwind For This REIT
Jul 14Prologis: Strong Fundamentals But Not Sufficient To Justify The Valuation
Jul 06Prologis: Double-Digit Growth At A Premium Valuation
Jun 20Prologis: Growth Rate Compresses, FFO Multiple Is Next
Jun 04Prologis: No Alpha Here
Feb 20Prologis Stock: A Textbook Fortress And Moat Story
Jan 25Prologis: Historically Low Vacancy Rates Keep Shares Attractive Ahead Of Q4 Earnings
Jan 17Does Prologis (NYSE:PLD) Deserve A Spot On Your Watchlist?
Jan 09
Why Prologis Is A Top Pick For 2023
Dec 22Revenue & Expenses Breakdown
How Prologis makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 8,239 | 3,078 | 414 | 0 |
| 30 Jun 24 | 8,104 | 2,820 | 413 | 0 |
| 31 Mar 24 | 8,515 | 3,174 | 402 | 0 |
| 31 Dec 23 | 8,331 | 3,053 | 390 | 0 |
| 30 Sep 23 | 8,173 | 3,010 | 378 | 0 |
| 30 Jun 23 | 8,023 | 3,277 | 369 | 0 |
| 31 Mar 23 | 6,833 | 2,673 | 356 | 0 |
| 31 Dec 22 | 6,285 | 3,359 | 331 | 0 |
| 30 Sep 22 | 5,914 | 4,020 | 319 | 0 |
| 30 Jun 22 | 5,353 | 3,728 | 299 | 0 |
| 31 Mar 22 | 5,244 | 3,717 | 290 | 0 |
| 31 Dec 21 | 5,164 | 2,934 | 293 | 0 |
| 30 Sep 21 | 4,906 | 1,967 | 285 | 0 |
| 30 Jun 21 | 4,787 | 1,544 | 293 | 0 |
| 31 Mar 21 | 4,884 | 1,350 | 283 | 0 |
| 31 Dec 20 | 4,736 | 1,473 | 275 | 0 |
| 30 Sep 20 | 4,419 | 1,578 | 274 | 0 |
| 30 Jun 20 | 4,250 | 1,730 | 265 | 0 |
| 31 Mar 20 | 3,769 | 1,709 | 267 | 0 |
| 31 Dec 19 | 3,531 | 1,567 | 267 | 0 |
| 30 Sep 19 | 3,580 | 1,778 | 258 | 0 |
| 30 Jun 19 | 3,330 | 1,674 | 255 | 0 |
| 31 Mar 19 | 3,175 | 1,625 | 246 | 0 |
| 31 Dec 18 | 3,103 | 1,643 | 239 | 0 |
| 30 Sep 18 | 2,875 | 1,342 | 242 | 0 |
| 30 Jun 18 | 2,794 | 1,872 | 237 | 0 |
| 31 Mar 18 | 2,945 | 1,805 | 240 | 0 |
| 31 Dec 17 | 2,867 | 1,642 | 231 | 0 |
| 30 Sep 17 | 2,851 | 1,787 | 228 | 0 |
| 30 Jun 17 | 2,944 | 1,190 | 228 | 0 |
| 31 Mar 17 | 2,753 | 1,198 | 225 | 0 |
| 31 Dec 16 | 2,739 | 1,203 | 222 | 0 |
| 30 Sep 16 | 2,755 | 881 | 225 | 0 |
| 30 Jun 16 | 2,618 | 861 | 221 | 0 |
| 31 Mar 16 | 2,527 | 726 | 216 | 0 |
| 31 Dec 15 | 2,356 | 863 | 217 | 0 |
| 30 Sep 15 | 2,166 | 1,153 | 223 | 0 |
| 30 Jun 15 | 1,995 | 1,030 | 227 | 0 |
| 31 Mar 15 | 1,925 | 963 | 236 | 0 |
| 31 Dec 14 | 1,895 | 622 | 229 | 0 |
| 30 Sep 14 | 1,864 | 214 | 245 | 0 |
| 30 Jun 14 | 1,870 | 29 | 242 | 0 |
| 31 Mar 14 | 1,807 | -61 | 236 | 0 |
| 31 Dec 13 | 1,848 | 192 | 229 | 0 |
Quality Earnings: PLD has a large one-off gain of $1.0B impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: PLD's current net profit margins (37.4%) are higher than last year (36.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PLD's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: PLD's earnings growth over the past year (2.3%) is below its 5-year average (16% per year).
Earnings vs Industry: PLD earnings growth over the past year (2.3%) did not outperform the Industrial REITs industry 8.6%.
Return on Equity
High ROE: PLD's Return on Equity (5.7%) is considered low.