Prologis (PLD) Cash from Operations (2009 - 2025)
Prologis' (PLD) quarterly Cash from Operations came in at $1.2 billion in Q4 2025, down 13.27% on a YoY basis from $1.3 billion in Q4 2024, and down 20.0% quarter-over-quarter from $1.4 billion in Q3 2025.
Prologis (PLD) Cash from Operations (2009 - 2025) Analysis & Trends
Prologis (PLD) has reported Cash from Operations for 17 consecutive years, with $1.2 billion the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Cash from Operations fell 13.27% year-over-year to $1.2 billion; the trailing twelve-month figure through Dec 2025 stood at $5.0 billion (up 1.96% YoY), and the FY2025 full-year result was $5.0 billion, up 1.96% from the prior year.
- Cash from Operations fell to $1.2 billion in Q4 2025 per PLD's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Cash from Operations topped out at $2.0 billion in Q3 2023 and bottomed at $649.2 million in Q2 2021.
- Historically, Cash from Operations has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2024: Cash from Operations soared 78.42% in 2022, then dropped 27.14% in 2024.
- Over 5 years, Cash from Operations stood at $716.1 million in 2021, then jumped by 78.42% to $1.3 billion in 2022, then dropped by 15.9% to $1.1 billion in 2023, then grew by 24.29% to $1.3 billion in 2024, then dropped by 13.27% to $1.2 billion in 2025.
- According to Business Quant data, Cash from Operations over the past three periods registered $1.2 billion, $1.4 billion, and $1.2 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 125.76 Bn | 130.15 Bn | 2.41 Bn | - |
| 2 | Eastgroup Properties | 10.88 Bn | 10.88 Bn | 193.10 Mn | 159.59 Mn |
| 3 | Rexford Industrial Realty | 8.56 Bn | 8.91 Bn | - | 106.79 Mn |
| 4 | Lineage | 8.39 Bn | 9.32 Bn | 425.00 Mn | 311.00 Mn |
| 5 | STAG Industrial | 7.25 Bn | 7.32 Bn | - | 110.94 Mn |
| 6 | Terreno Realty | 7.08 Bn | 7.08 Bn | - | 74.92 Mn |
| 7 | Americold Realty Trust | 4.11 Bn | 4.11 Bn | 212.69 Mn | 100.13 Mn |
| 8 | LXP Industrial Trust | 3.58 Bn | 3.60 Bn | 71.94 Mn | 48.71 Mn |
| 9 | Innovative Industrial Properties | 1.53 Bn | 1.53 Bn | - | 44.92 Mn |
| 10 | Industrial Logistics Properties Trust | 514.74 Mn | 894.24 Mn | - | 22.04 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.16 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.24 Bn |
| Mar 31, 2025 | 1.16 Bn |
| Dec 31, 2024 | 1.34 Bn |
| Sep 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.09 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.07 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 1.22 Bn |
| Mar 31, 2023 | 1.11 Bn |
| Dec 31, 2022 | 1.28 Bn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 803.95 Mn |
| Mar 31, 2022 | 841.53 Mn |
| Dec 31, 2021 | 716.07 Mn |
| Sep 30, 2021 | 814.07 Mn |
| Jun 30, 2021 | 649.21 Mn |
| Mar 31, 2021 | 816.69 Mn |
Prologis Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "PLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();