Prologis (PLD) EBITDA Margin (2010 - 2026)
Prologis (PLD) recorded EBITDA Margin of 74.40% in Q3 2026, up 1.68 percentage points from 72.72% a year earlier but down 6.49 percentage points from the prior quarter.
Prologis (PLD) EBITDA Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Prologis' EBITDA Margin came in at 85.63% as of Sep 30, 2026, up 7.23 percentage points year-over-year; for FY2025, it came in at 80.43%, down 5.84 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -2.68 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 86.27% in FY2024 (+8.16 pp), 78.11% in FY2023 (-10.68 pp), 88.79% in FY2022 (-11.93 pp) and 100.72% in FY2021 (+17.61 pp).
- Quarterly EBITDA Margin has ranged from 67.80% in Q1 2023 to 131.60% in Q1 2022 over the past five years.
- On a year-over-year basis, EBITDA Margin has increased for four consecutive quarters, with an average year-over-year change of +2.03 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 50.45 percentage points in Q1 2022, against a drop of 63.81 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 80.90% (Q2 2026), 85.44% (Q1 2026) and 102.83% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 176.94 Bn | 162.96 Bn | 1.47 Bn | 28.40% |
| 2 | Prologis | 122.03 Bn | 115.99 Bn | - | 74.40% |
| 3 | Simon Property | 74.72 Bn | 70.78 Bn | - | 71.71% |
| 4 | Public Storage | 61.00 Bn | 59.72 Bn | - | 53.64% |
| 5 | Realty Income | 55.78 Bn | 54.05 Bn | - | 90.88% |
| 6 | Ventas | 45.39 Bn | 44.06 Bn | - | 36.44% |
| 7 | Extra Space Storage | 33.09 Bn | 32.00 Bn | 650.96 Mn | 66.44% |
| 8 | Vici Properties | 27.35 Bn | 25.70 Bn | 1.06 Bn | 53.36% |
| 9 | Vivmark Residential | 24.46 Bn | 24.24 Bn | - | - |
| 10 | Essex Property Trust | 17.61 Bn | 17.36 Bn | - | 63.29% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 74.40% |
| Jun 30, 2026 | 80.90% |
| Mar 31, 2026 | 85.44% |
| Dec 31, 2025 | 102.83% |
| Sep 30, 2025 | 72.72% |
| Jun 30, 2025 | 72.89% |
| Mar 31, 2025 | 72.50% |
| Dec 31, 2024 | 95.34% |
| Sep 30, 2024 | 94.31% |
| Jun 30, 2024 | 83.70% |
| Mar 31, 2024 | 70.32% |
| Dec 31, 2023 | 78.99% |
| Sep 30, 2023 | 80.63% |
| Jun 30, 2023 | 82.91% |
| Mar 31, 2023 | 67.80% |
| Dec 31, 2022 | 82.36% |
| Sep 30, 2022 | 75.33% |
| Jun 30, 2022 | 74.91% |
| Mar 31, 2022 | 131.60% |
| Dec 31, 2021 | 125.83% |
Prologis EBITDA Margin 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=ebitda-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();