Prologis (PLD) Cash from Operations (2009 - 2026)
Prologis (PLD) reported Cash from Operations of $1.76 billion for Q3 2026, up 21.4% from $1.45 billion a year earlier and up 30.5% from the prior quarter.
Prologis (PLD) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Prologis' Cash from Operations came in at $5.55 billion, up 7.0% year-over-year; for FY2025, it was $5.01 billion, up 2.0% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 11.3% (FY2020 to FY2025).
- By year, Cash from Operations came in at $4.91 billion in FY2024 (-8.6%), $5.37 billion in FY2023 (+30.2%), $4.13 billion in FY2022 (+37.7%) and $3 billion in FY2021 (+2.0%).
- The Q3 2026 figure ranks as the highest quarterly Cash from Operations since Q3 2023.
- Year over year, Cash from Operations has now increased in each of the last three quarters, with growth averaging 9.6% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q4 2022 (growth of 78.4%); the low point was Q3 2024 (a decline of 27.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.35 billion (Q2 2026), $1.29 billion (Q1 2026) and $1.16 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | 1.00 Bn |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 1.76 Bn |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 1.20 Bn |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 708.85 Mn |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | 925.98 Mn |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | 489.60 Mn |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 467.13 Mn |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 655.21 Mn |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | 301.88 Mn |
| 10 | Essex Property Trust | 17.73 Bn | 17.49 Bn | - | 333.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.76 Bn |
| Jun 30, 2026 | 1.35 Bn |
| Mar 31, 2026 | 1.29 Bn |
| 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 |
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();