Prologis (PLD) FCF Margin (2009 - 2025)
Prologis (PLD) posted FCF Margin of 14.90% for Q4 2025, down 8.10 percentage points from 23.00% a year earlier and down 22.15 percentage points from the prior quarter.
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Analysis
Prologis (PLD) FCF Margin (2009 - 2025) Analysis & Trends
For FY2025, Prologis' FCF Margin came in at 25.34%, up 4.54 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +2.43 percentage points (FY2020 to FY2025).
- In prior years, Prologis' FCF Margin was 20.80% in FY2024 (-3.80 pp), 24.60% in FY2023 (+7.73 pp), 16.87% in FY2022 (+9.39 pp) and 7.48% in FY2021 (-15.42 pp).
- The Q4 2025 figure stands as the lowest quarterly FCF Margin since Q2 2024.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +0.30 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2023, with a gain of 36.51 percentage points; the weakest was Q3 2021, with a drop of 38.51 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 37.05% (Q3 2025), 31.44% (Q2 2025) and 17.97% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Invitation Homes | 15.55 Bn | 15.59 Bn | - | 42.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 14.90% |
| Sep 30, 2025 | 37.05% |
| Jun 30, 2025 | 31.44% |
| Mar 31, 2025 | 17.97% |
| Dec 31, 2024 | 23.00% |
| Sep 30, 2024 | 30.11% |
| Jun 30, 2024 | 12.51% |
| Mar 31, 2024 | 17.16% |
| Dec 31, 2023 | 9.68% |
| Sep 30, 2023 | 61.27% |
| Jun 30, 2023 | 17.97% |
| Mar 31, 2023 | 10.03% |
| Dec 31, 2022 | 22.33% |
| Sep 30, 2022 | 24.76% |
| Jun 30, 2022 | -1.47% |
| Mar 31, 2022 | 16.56% |
| Dec 31, 2021 | -12.01% |
| Sep 30, 2021 | 3.47% |
| Jun 30, 2021 | 6.45% |
| Mar 31, 2021 | 34.34% |
API Access
Prologis FCF 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=fcf-margin&ticker=PLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();