Prologis PLD
NYSE PLD
$135.70 -2.78 (-2.01%)
As of: Sep 9, 2026 · 3:59 PM EDT

Prologis (PLD) Capital Expenditures (2009 - 2025)

Prologis' (PLD) quarterly Capital Expenditures came in at $822.5 million in Q4 2025, down 0.82% on a YoY basis from $829.3 million in Q4 2024, and up 31.09% quarter-over-quarter from $627.4 million in Q3 2025.

Analysis

Prologis (PLD) Capital Expenditures (2009 - 2025) Analysis & Trends

Prologis (PLD) has reported Capital Expenditures for 17 consecutive years, with $822.5 million the latest figure, recorded in Q4 2025.

  • For the quarter ending Q4 2025, Capital Expenditures fell 0.82% year-over-year to $822.5 million; the trailing twelve-month figure through Dec 2025 stood at $2.8 billion (down 13.25% YoY), and the FY2025 full-year result was $2.8 billion, down 13.25% from the prior year.
  • Capital Expenditures advanced to $822.5 million in Q4 2025 per PLD's latest filing, from $627.4 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $2.5 billion in Q2 2023 and bottomed at $199.8 million in Q3 2023.
  • Historically, Capital Expenditures has averaged $781.1 million across 5 years, with a median of $746.4 million in 2021.
  • The widest YoY moves for Capital Expenditures: up 311.2% in 2024, down 66.75% in 2024.
  • Over 5 years, Capital Expenditures stood at $550.1 million in 2021, then soared by 61.07% to $886.0 million in 2022, then tumbled by 38.29% to $546.8 million in 2023, then soared by 51.67% to $829.3 million in 2024, then decreased by 0.82% to $822.5 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $822.5 million, $627.4 million, and $551.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Prologis 126.47 Bn 126.47 Bn 2.41 Bn -
2 Eastgroup Properties 10.61 Bn 10.61 Bn 193.10 Mn 54.21 Mn
3 Lineage 8.58 Bn 8.52 Bn 425.00 Mn 125.00 Mn
4 Rexford Industrial Realty 8.31 Bn 8.31 Bn - 48.06 Mn
5 STAG Industrial 7.11 Bn 7.11 Bn - 265.04 Mn
6 Terreno Realty 6.94 Bn 6.94 Bn - 173.85 Mn
7 Americold Realty Trust 3.94 Bn 3.90 Bn 212.69 Mn 140.44 Mn
8 LXP Industrial Trust 3.53 Bn 3.53 Bn 71.94 Mn 97.56 Mn
9 Innovative Industrial Properties 1.62 Bn 1.62 Bn - 642,000.00
10 Industrial Logistics Properties Trust 518.87 Mn 518.87 Mn - 2.24 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 822.55 Mn
Sep 30, 2025 627.45 Mn
Jun 30, 2025 551.60 Mn
Mar 31, 2025 779.66 Mn
Dec 31, 2024 829.34 Mn
Sep 30, 2024 821.74 Mn
Jun 30, 2024 835.36 Mn
Mar 31, 2024 719.80 Mn
Dec 31, 2023 546.79 Mn
Sep 30, 2023 199.84 Mn
Jun 30, 2023 2.51 Bn
Mar 31, 2023 936.92 Mn
Dec 31, 2022 886.03 Mn
Sep 30, 2022 362.93 Mn
Jun 30, 2022 1.23 Bn
Mar 31, 2022 639.64 Mn
Dec 31, 2021 550.10 Mn
Sep 30, 2021 773.03 Mn
Jun 30, 2021 574.93 Mn
Mar 31, 2021 422.40 Mn