Prologis (PLD) Capital Expenditures (2009 - 2025)
Prologis (PLD) posted Capital Expenditures of $822.5 million for Q4 2025, up 2.17% on a QoQ basis from $805.0 million in Q3 2025, and down 0.82% year-over-year from $829.3 million in Q4 2024.
Prologis (PLD) Capital Expenditures (2009 - 2025) Analysis & Trends
Prologis' Capital Expenditures history runs 17 years deep, the most recent figure standing at $822.5 million for Q4 2025.
- Quarterly Capital Expenditures fell 0.82% year-over-year to $822.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.8 billion (down 13.25% YoY) and the FY2025 annual result came in at $2.8 billion, down 13.25% from the prior year.
- Capital Expenditures was $822.5 million for Q4 2025 at Prologis, up from $805.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $3.4 billion in Q2 2023 and bottomed at -$941.4 million in Q3 2023.
- A 5-year average of $681.5 million and a median of $436.9 million in 2021 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2021 — Capital Expenditures sank 452.49% — and 2022, when it soared 745.52%.
- Prologis' Capital Expenditures stood at $104.9 million in 2021, then surged by 745.52% to $886.6 million in 2022, then jumped by 90.4% to $1.7 billion in 2023, then plunged by 50.87% to $829.3 million in 2024, then decreased by 0.82% to $822.5 million in 2025.
- Business Quant data shows PLD's Capital Expenditures at $822.5 million in Q4 2025, $805.0 million in Q3 2025, and $377.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 136.72 Bn | 136.72 Bn | 2.24 Bn | 822.55 Mn |
| 2 | Public Storage | 56.92 Bn | 56.79 Bn | 1.18 Bn | 20.78 Mn |
| 3 | Extra Space Storage | 31.35 Bn | 31.35 Bn | 617.72 Mn | 7.24 Mn |
| 4 | Eastgroup Properties | 11.31 Bn | 11.31 Bn | 193.10 Mn | -16.30 Mn |
| 5 | Lineage | 9.72 Bn | 9.65 Bn | 417.00 Mn | 185.00 Mn |
| 6 | CubeSmart | 9.62 Bn | 9.62 Bn | 191.86 Mn | 10.39 Mn |
| 7 | Rexford Industrial Realty | 8.86 Bn | 8.81 Bn | - | 31.28 Mn |
| 8 | STAG Industrial | 7.76 Bn | 7.76 Bn | - | 41.33 Mn |
| 9 | Terreno Realty | 7.66 Bn | 7.66 Bn | - | 10.63 Mn |
| 10 | Americold Realty Trust | 4.20 Bn | 4.16 Bn | 195.51 Mn | 109.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 822.55 Mn |
| Dec 31, 2025 | 822.55 Mn |
| Sep 30, 2025 | 805.05 Mn |
| Sep 30, 2025 | 805.05 Mn |
| Jun 30, 2025 | 377.48 Mn |
| Jun 30, 2025 | 377.48 Mn |
| Mar 31, 2025 | 776.18 Mn |
| Mar 31, 2025 | 776.18 Mn |
| Dec 31, 2024 | 829.34 Mn |
| Dec 31, 2024 | 829.34 Mn |
| Sep 30, 2024 | 1.85 Bn |
| Sep 30, 2024 | 1.85 Bn |
| Jun 30, 2024 | 399.38 Mn |
| Jun 30, 2024 | 399.38 Mn |
| Mar 31, 2024 | 126.18 Mn |
| Mar 31, 2024 | 126.18 Mn |
| Dec 31, 2023 | 1.69 Bn |
| Dec 31, 2023 | 1.69 Bn |
| Sep 30, 2023 | -941.42 Mn |
| Sep 30, 2023 | -941.42 Mn |