Prologis, Inc.

PLD

Forward P/E: 40.10×
Mkt cap: 133 B USD
EV: 167 B USD
Sector: Real Estate
Coverage: 2009–2025
Currency: USD
Next event: Feb 13, 2027

Market

Prologis, Inc. (PLD) trades at an adjusted P/E of 49.86 times and an EV/Revenue of 18.96 times.

Read this tab as a summary

Prologis, Inc. (PLD) trades at an adjusted P/E of 49.86 times and an EV/Revenue of 18.96 times. Enterprise value stands at 23.86 times EBITDA and 33.27 times free cash flow. Price to book is 2.50 times. Approximate return on invested capital for the last reported year was 3.8 %. The fiscal 2025 year-end price was 128.71 USD. The series covers 17 fiscal years, from 2009 to 2025. Multiples in the "Current" column are computed on the market price as of Aug 9, 2026; every other column uses each fiscal year's closing price. Prices and multiples are stated in USD; the underlying fundamentals come from as-reported SEC EDGAR filings.

Market data

Prologis, Inc. (PLD) — Market data.
Beta	1.32
Financial statements currency	USD
Price currency	USD
Applied exchange rate	1.00
Shares outstanding	950M

Valuation ratios

Fiscal year end: December

Prologis, Inc. (PLD) — Valuation ratios, fiscal years 2010–2025, figures in USD, computed by ValuatePad from the statements as reported to the SEC (EDGAR). Fiscal year ends in December.
	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Actual
Fiscal year-end price (USD)	31.40	28.48	35.77	37.19	43.46	42.91	51.55	64.76	58.49	88.67	98.22	165.79	110.45	135.19	105.24	128.71	139.68
Market Cap (USD)	7.99B	13.1B	16.5B	18.6B	22.1B	22.5B	27.3B	34.5B	36.8B	56.0B	72.6B	123B	102B	125B	97.5B	120B	133B
Enterprise Value (USD)	—	12.9B	28.2B	27.1B	31.1B	33.9B	37.1B	43.4B	47.6B	66.8B	88.9B	140B	126B	153B	127B	153B	167B

PER	-6.29×	-85.28×	-415.85×	54.10×	34.81×	25.89×	22.52×	20.86×	22.33×	35.62×	49.01×	41.72×	30.30×	40.85×	26.12×	35.93×	39.88×
Adjusted PER	-6.32×	-47.90×	-160.65×	80.82×	41.37×	24.32×	21.08×	19.57×	20.20×	32.92×	44.92×	38.96×	46.38×	48.38×	39.26×	44.92×	49.86×
Forward PER	-52.09×	-329.40×	48.17×	29.16×	25.47×	18.60×	16.49×	20.90×	23.41×	37.81×	24.70×	36.45×	33.33×	33.49×	29.29×	37.47×	40.10×
Adjusted forward PER	-29.25×	-127.25×	71.96×	34.66×	23.92×	17.41×	15.48×	18.91×	21.64×	34.65×	23.06×	55.79×	39.48×	50.33×	36.62×	—	—
Earnings Yield (%)	-15.90 %	-1.17 %	-0.24 %	1.85 %	2.87 %	3.86 %	4.44 %	4.79 %	4.48 %	2.81 %	2.04 %	2.40 %	3.30 %	2.45 %	3.83 %	2.78 %	2.51 %

PEG	—	—	—	1.04×	0.93×	1.09×	2.46×	—	1.05×	1.23×	1.79×	5.04×	—	28.69×	—	—	129.83×
EV / EBITDA	—	20.27×	34.52×	28.40×	32.35×	26.87×	23.17×	15.33×	18.05×	22.36×	24.14×	29.22×	23.78×	24.78×	18.16×	21.98×	23.86×
EV / Revenue	—	12.82×	19.33×	22.04×	26.41×	22.05×	14.63×	16.59×	16.96×	20.07×	20.02×	29.38×	21.02×	19.12×	15.49×	17.46×	18.96×
Price / Book	1.06×	0.96×	1.26×	1.35×	1.58×	1.53×	1.82×	2.20×	1.65×	2.47×	2.27×	3.67×	1.92×	2.35×	1.81×	2.25×	2.50×

EV / FCF	—	—	—	—	—	—	—	—	—	—	—	—	30.43×	28.56×	25.86×	30.64×	33.27×
FCF Yield (%)	—	—	—	—	—	—	—	—	—	—	—	—	4.05 %	4.30 %	5.04 %	4.19 %	3.77 %

Working capital	—	—	—	—	—	—	—	—	—	—	—	—	-2,013M	-1,494M	-219M	-245M	—
Invested capital	7.51B	13.7B	24.9B	22.7B	23.3B	26.3B	25.6B	25.0B	33.4B	34.6B	48.8B	51.1B	77.1B	82.2B	84.8B	88.2B	—
ROE (%)	-16.93 %	-1.12 %	-0.30 %	2.50 %	4.55 %	5.93 %	8.07 %	10.57 %	7.40 %	6.94 %	4.63 %	8.79 %	6.32 %	5.75 %	6.92 %	6.26 %	6.26 %
ROA (%)	-8.53 %	-0.55 %	-0.15 %	1.40 %	2.47 %	2.77 %	4.00 %	5.60 %	4.29 %	3.93 %	2.64 %	5.03 %	3.83 %	3.29 %	3.91 %	3.37 %	3.37 %
ROIC (approx.) (%)	-16.93 %	-1.12 %	-0.16 %	1.51 %	2.73 %	3.31 %	4.73 %	6.60 %	4.94 %	4.55 %	3.04 %	5.75 %	4.36 %	3.72 %	4.40 %	3.77 %	—

Figures in USD

Explained in the glossary

Beta

1.32

Financial statements currency

USD

Price currency

USD

Applied exchange rate

1.00

Shares outstanding

950M

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Actual

Fiscal year-end price (USD)

31.40

28.48

35.77

37.19

43.46

42.91

51.55

64.76

58.49

88.67

98.22

165.79

110.45

135.19

105.24

128.71

139.68

Market Cap (USD)

7.99B

13.1B

16.5B

18.6B

22.1B

22.5B

27.3B

34.5B

36.8B

56.0B

72.6B

123B

102B

125B

97.5B

120B

133B

Enterprise Value (USD)

—

12.9B

28.2B

27.1B

31.1B

33.9B

37.1B

43.4B

47.6B

66.8B

88.9B

140B

126B

153B

127B

153B

167B

PER

-6.29×

-85.28×

-415.85×

54.10×

34.81×

25.89×

22.52×

20.86×

22.33×

35.62×

49.01×

41.72×

30.30×

40.85×

26.12×

35.93×

39.88×

Adjusted PER

-6.32×

-47.90×

-160.65×

80.82×

41.37×

24.32×

21.08×

19.57×

20.20×

32.92×

44.92×

38.96×

46.38×

48.38×

39.26×

44.92×

49.86×

Forward PER

-52.09×

-329.40×

48.17×

29.16×

25.47×

18.60×

16.49×

20.90×

23.41×

37.81×

24.70×

36.45×

33.33×

33.49×

29.29×

37.47×

40.10×

Adjusted forward PER

-29.25×

-127.25×

71.96×

34.66×

23.92×

17.41×

15.48×

18.91×

21.64×

34.65×

23.06×

55.79×

39.48×

50.33×

36.62×

—

Earnings Yield (%)

-15.90 %

-1.17 %

-0.24 %

1.85 %

2.87 %

3.86 %

4.44 %

4.79 %

4.48 %

2.81 %

2.04 %

2.40 %

3.30 %

2.45 %

3.83 %

2.78 %

2.51 %

PEG

—

1.04×

0.93×

1.09×

2.46×

—

1.05×

1.23×

1.79×

5.04×

—

28.69×

—

129.83×

EV / EBITDA

—

20.27×

34.52×

28.40×

32.35×

26.87×

23.17×

15.33×

18.05×

22.36×

24.14×

29.22×

23.78×

24.78×

18.16×

21.98×

23.86×

EV / Revenue

—

12.82×

19.33×

22.04×

26.41×

22.05×

14.63×

16.59×

16.96×

20.07×

20.02×

29.38×

21.02×

19.12×

15.49×

17.46×

18.96×

Price / Book

1.06×

0.96×

1.26×

1.35×

1.58×

1.53×

1.82×

2.20×

1.65×

2.47×

2.27×

3.67×

1.92×

2.35×

1.81×

2.25×

2.50×

EV / FCF

—

30.43×

28.56×

25.86×

30.64×

33.27×

FCF Yield (%)

—

4.05 %

4.30 %

5.04 %

4.19 %

3.77 %

Working capital

—

-2,013M

-1,494M

-219M

-245M

—

Invested capital

7.51B

13.7B

24.9B

22.7B

23.3B

26.3B

25.6B

25.0B

33.4B

34.6B

48.8B

51.1B

77.1B

82.2B

84.8B

88.2B

—

ROE (%)

-16.93 %

-1.12 %

-0.30 %

2.50 %

4.55 %

5.93 %

8.07 %

10.57 %

7.40 %

6.94 %

4.63 %

8.79 %

6.32 %

5.75 %

6.92 %

6.26 %

ROA (%)

-8.53 %

-0.55 %

-0.15 %

1.40 %

2.47 %

2.77 %

4.00 %

5.60 %

4.29 %

3.93 %

2.64 %

5.03 %

3.83 %

3.29 %

3.91 %

3.37 %

ROIC (approx.) (%)

-16.93 %

-1.12 %

-0.16 %

1.51 %

2.73 %

3.31 %

4.73 %

6.60 %

4.94 %

4.55 %

3.04 %

5.75 %

4.36 %

3.72 %

4.40 %

3.77 %

—