Prologis (PLD) EBITDA Margin (2010 - 2025)
Prologis (PLD) posted EBITDA Margin of 72.2% for Q4 2025, up 70.0% on a QoQ basis from 42.47% in Q3 2025, and up 762.0% year-over-year from 8.38% in Q4 2024.
Prologis (PLD) EBITDA Margin (2010 - 2025) Analysis & Trends
Prologis' EBITDA Margin history runs 16 years deep, the most recent figure standing at 72.2% for Q4 2025.
- Quarterly EBITDA Margin rose 762.0% year-over-year to 72.2% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 49.58% (down 427.0% YoY) and the FY2025 annual result came in at 49.58%, down 427.0% from the prior year.
- EBITDA Margin was 72.2% for Q4 2025 at Prologis, up from 42.47% in the prior quarter.
- Across five years, EBITDA Margin topped out at 98.91% in Q1 2022 and bottomed at 32.74% in Q1 2023.
- A 5-year average of 54.93% and a median of 48.7% in 2022 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2021 — EBITDA Margin slumped 28529 bps — and 2022, when it soared 5256 bps.
- Prologis' EBITDA Margin stood at 94.6% in 2021, then slumped by 51 bps to 46.44% in 2022, then slipped by 5 bps to 44.19% in 2023, then jumped by 46 bps to 64.58% in 2024, then advanced by 12 bps to 72.2% in 2025.
- Business Quant data shows PLD's EBITDA Margin at 72.2% in Q4 2025, 42.47% in Q3 2025, and 41.79% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 135.90 Bn | 135.90 Bn | 2.24 Bn | 72.20% |
| 2 | Public Storage | 57.47 Bn | 57.33 Bn | 1.18 Bn | 38.95% |
| 3 | Extra Space Storage | 31.58 Bn | 31.58 Bn | 617.72 Mn | 42.94% |
| 4 | Eastgroup Properties | 11.39 Bn | 11.39 Bn | 193.10 Mn | 40.64% |
| 5 | CubeSmart | 9.67 Bn | 9.67 Bn | 191.86 Mn | 8.22% |
| 6 | Lineage | 9.54 Bn | 9.48 Bn | 417.00 Mn | 2.78% |
| 7 | Rexford Industrial Realty | 8.92 Bn | 8.87 Bn | - | - |
| 8 | STAG Industrial | 7.85 Bn | 7.85 Bn | - | - |
| 9 | Terreno Realty | 7.65 Bn | 7.65 Bn | - | - |
| 10 | Americold Realty Trust | 4.17 Bn | 4.13 Bn | 195.51 Mn | 2.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 72.20% |
| Sep 30, 2025 | 42.47% |
| Jun 30, 2025 | 41.79% |
| Mar 31, 2025 | 41.05% |
| Dec 31, 2024 | 64.58% |
| Sep 30, 2024 | 61.43% |
| Jun 30, 2024 | 50.96% |
| Mar 31, 2024 | 36.82% |
| Dec 31, 2023 | 44.19% |
| Sep 30, 2023 | 46.07% |
| Jun 30, 2023 | 57.60% |
| Mar 31, 2023 | 32.74% |
| Dec 31, 2022 | 46.44% |
| Sep 30, 2022 | 52.26% |
| Jun 30, 2022 | 42.59% |
| Mar 31, 2022 | 98.91% |
| Dec 31, 2021 | 94.60% |
| Sep 30, 2021 | 64.72% |
| Jun 30, 2021 | 60.90% |
| Mar 31, 2021 | 46.35% |