
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Rental | $1.96B+11.3% | $1.77B+8.7% | $1.62B+34.8% | $1.21B+15.8% | $1.04B+9.4% | $952.1M+29.7% | $734.3M+22.2% | $600.6M+5.5% | $569.5M |
| Strategic capital | $270.5M-7.3% | $291.9M-24.3% | $385.5M+27.1% | $303.4M+46.4% | $207.2M-5.0% | $218.0M+18.1% | $184.7M+17.6% | $157.0M+1.2% | $155.1M |
| Development management and other | $38.9M+159.2% | $15.0M+219.4% | $4.7M-77.6% | $20.9M+1.2% | $20.7M+94.9% | $10.6M+53.5% | $6.9M-26.1% | $9.4M-51.0% | $19.1M |
| Total revenues | $8.79B+7.2% | $8.20B+2.2% | $8.02B+34.3% | $5.97B+25.5% | $4.76B+7.2% | $4.44B+33.3% | $3.33B+18.8% | $2.80B+7.1% | $2.62B |
| General and administrative | $469.1M+12.0% | $418.8M+7.3% | $390.4M+17.9% | $331.1M+12.9% | $293.2M+6.7% | $274.8M+3.0% | $266.7M+11.6% | $239.0M+3.4% | $231.1M |
| Depreciation and amortization | $2.63B+1.8% | $2.58B+3.8% | $2.48B+37.1% | $1.81B+14.9% | $1.58B+1.0% | $1.56B+37.0% | $1.14B+20.3% | $947.2M+7.7% | $879.1M |
| Other | $46.0M-2.2% | $47.0M-11.8% | $53.4M+32.3% | $40.3M+79.8% | $22.4M-25.2% | $30.0M+128.2% | $13.1M-3.0% | $13.6M+11.1% | $12.2M |
| Total expenses | $5.38B+5.3% | $5.10B+3.3% | $4.94B+33.7% | $3.69B+17.5% | $3.14B+3.5% | $3.04B+29.9% | $2.34B+19.5% | $1.96B+6.0% | $1.85B |
| Operating income before gains on real estate transactions, net | $3.41B+10.2% | $3.10B+0.4% | $3.08B+35.3% | $2.28B+41.0% | $1.62B+15.4% | $1.40B+41.3% | $991.9M+17.1% | $847.0M+9.8% | $771.1M |
| Gains on dispositions of development properties and land, net | $257.7M-37.7% | $413.7M-10.5% | $462.3M-22.7% | $597.7M-26.8% | $817.0M+75.7% | $464.9M-0.6% | $467.6M-0.5% | $469.8M+43.4% | $327.5M |
| Gains on other dispositions of investments in real estate, net | $685.8M-24.1% | $904.1M+461.4% | $161.0M-72.7% | $589.4M-23.7% | $772.6M+206.3% | $252.2M-35.4% | $390.2M+5.1% | $371.2M-56.6% | $855.4M |
| Operating income | $4.36B-1.3% | $4.42B+19.1% | $3.71B+6.9% | $3.47B+8.1% | $3.21B+51.3% | $2.12B+14.6% | $1.85B+9.6% | $1.69B-13.6% | $1.95B |
| Earnings from unconsolidated entities, net | $402.5M+13.8% | $353.6M+15.1% | $307.2M-1.2% | $310.9M-23.1% | $404.3M+35.9% | $297.4M+48.6% | $200.2M-32.9% | $298.3M+20.0% | $248.6M |
| Interest expense | -$1.00B-16.0% | -$863.9M-34.7% | -$641.3M-107.5% | -$309.0M-16.1% | -$266.2M+15.4% | -$314.5M-31.1% | -$240.0M-4.7% | -$229.1M+16.5% | -$274.5M |
| Foreign currency, derivative and other gains (losses) and other income (expense), net | $14.8M-92.9% | $208.7M+139.3% | $87.2M-63.9% | $241.6M | — | — | — | — | — |
| Gains (losses) on early extinguishment of debt, net | -$3.5M-752.6% | $536K-83.6% | $3.3M+116.2% | -$20.2M+89.2% | -$187.5M+0.4% | -$188.3M-1067.6% | -$16.1M-523.6% | -$2.6M+96.2% | -$68.4M |
| Total other income (expense) | -$588.5M-95.5% | -$301.0M-23.6% | -$243.6M-209.1% | $223.3M+92.7% | $115.9M+131.2% | -$371.9M-406.6% | -$73.4M-137.0% | $198.3M+243.2% | -$138.5M |
| Earnings before income taxes | $3.77B-8.4% | $4.11B+18.8% | $3.46B-6.1% | $3.69B+11.1% | $3.32B+90.2% | $1.75B-1.6% | $1.78B-5.8% | $1.89B+3.9% | $1.82B |
| Income tax expense | -$204.0M-22.2% | -$166.9M+20.9% | -$211.0M-55.8% | -$135.4M+22.3% | -$174.3M-33.6% | -$130.5M-75.1% | -$74.5M-217.7% | $63.3M+16.0% | $54.6M |
| Consolidated net earnings | $3.57B-9.7% | $3.95B+21.4% | $3.25B-8.5% | $3.56B+12.9% | $3.15B+94.8% | $1.62B-5.0% | $1.70B-6.6% | $1.82B+3.5% | $1.76B |
| Less net earnings attributable to noncontrolling interests | $156.1M+26.7% | $123.2M+5.6% | $116.7M+18.3% | $98.6M-22.4% | $127.1M+36.4% | $93.2M+13.3% | $82.2M-34.1% | $124.7M+96.0% | $63.6M |
| Net earnings attributable to controlling interests | $3.41B-10.9% | $3.82B+21.9% | $3.14B-9.3% | $3.46B+14.4% | $3.02B+98.3% | $1.52B-5.9% | $1.62B-4.6% | $1.70B+0.1% | $1.70B |
| Less preferred stock/unit dividends/distributions | $5.9M+0.0% | $5.9M+0.7% | $5.8M-3.6% | $6.1M-1.5% | $6.2M-3.0% | $6.3M+5.6% | $6.0M+1.2% | $5.9M-8.7% | $6.5M |
| Net earnings attributable to common stockholders/unitholders | $3.40B-10.9% | $3.82B+22.0% | $3.13B-9.3% | $3.45B+14.4% | $3.02B+99.1% | $1.51B-6.1% | $1.61B-4.7% | $1.69B+0.3% | $1.69B |
| Weighted average common shares/units outstanding - Basic | 947.9M+0.7% | 941.8M+0.2% | 939.6M+17.6% | 799.2M+6.3% | 752.0M+1.5% | 740.9M+15.6% | 641.1M+11.3% | 575.8M+7.4% | 536.3M |
| Weighted average common shares/units outstanding - Diluted | 956.8M+0.3% | 953.6M+0.2% | 951.8M+17.3% | 811.6M+6.1% | 764.8M+1.4% | 754.4M+15.2% | 654.9M+11.0% | 590.2M+6.9% | 552.3M |
| Net earnings per share/unit attributable to common stockholders/unitholders - Basic | $3580.00-10.9% | $4020.00+21.8% | $3300.00+77002.8% | $4.28+7.8% | $3.97+96.5% | $2.02-18.5% | $2.48-14.5% | $2.90-6.5% | $3.10 |
| Net earnings per share/unit attributable to common stockholders/unitholders - Diluted | $3560.00-11.2% | $4010.00+21.9% | $3290.00+77311.8% | $4.25+7.9% | $3.94+96.0% | $2.01-18.3% | $2.46-14.3% | $2.87-6.2% | $3.06 |
| Prologis, L.P. [Member] | |||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.