Prologis (PLD) FCF Margin (2009 - 2026)
Prologis (PLD) posted FCF Margin of 8.67% for Q3 2026, down 13.01 percentage points from 21.68% a year earlier but up 33.75 percentage points from the prior quarter.
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Analysis
Prologis (PLD) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at Prologis was -7.82%, down 41.49 percentage points year-over-year; for FY2025, it was -5.27%, down 26.07 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +8.10 percentage points (FY2020 to FY2025).
- In prior years, Prologis' FCF Margin was 20.80% in FY2024 (+57.11 pp), -36.31% in FY2023 (-2.25 pp), -34.06% in FY2022 (-37.77 pp) and 3.71% in FY2021 (+17.08 pp).
- Quarterly FCF Margin has run from a low of -126.50% in Q2 2023 to a high of 132.81% in Q4 2024 over five years.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +7.73 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2024, with a gain of 166.06 percentage points; the weakest was Q4 2025, with a drop of 154.20 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -25.08% (Q2 2026), 6.56% (Q1 2026) and -21.39% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 8.67% |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 53.54% |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 61.86% |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | -70.50% |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | -44.56% |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 42.53% |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 60.78% |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | - |
| 10 | Essex Property Trust | 17.73 Bn | 17.49 Bn | - | 49.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.67% |
| Jun 30, 2026 | -25.08% |
| Mar 31, 2026 | 6.56% |
| Dec 31, 2025 | -21.39% |
| Sep 30, 2025 | 21.68% |
| Jun 30, 2025 | 4.20% |
| Mar 31, 2025 | -25.83% |
| Dec 31, 2024 | 132.81% |
| Sep 30, 2024 | -45.96% |
| Jun 30, 2024 | -17.72% |
| Mar 31, 2024 | 3.83% |
| Dec 31, 2023 | -33.25% |
| Sep 30, 2023 | 41.14% |
| Jun 30, 2023 | -126.50% |
| Mar 31, 2023 | 1.54% |
| Dec 31, 2022 | -2.26% |
| Sep 30, 2022 | -4.45% |
| Jun 30, 2022 | -124.95% |
| Mar 31, 2022 | -28.94% |
| Dec 31, 2021 | 93.69% |
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();