Prologis (PLD) FCF Payout Ratio (2009 - 2025)
Prologis' (PLD) quarterly FCF Payout Ratio came in at 2.81 in Q4 2025, up 59.03% on a YoY basis from 1.76 in Q4 2024, and up 144.54% quarter-over-quarter from 1.15 in Q3 2025.
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Analysis
Prologis (PLD) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Prologis (PLD) has reported FCF Payout Ratio for 17 consecutive years, with 2.81 the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, FCF Payout Ratio rose 59.03% year-over-year to 2.81; the trailing twelve-month figure through Dec 2025 stood at 1.69 (down 19.23% YoY), and the FY2025 full-year result was 1.69, down 19.23% from the prior year.
- FCF Payout Ratio improved to 2.81 in Q4 2025 per PLD's latest filing, from 1.15 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 11.41 in Q3 2021 and bottomed at 1.38 in Q2 2022.
- Historically, FCF Payout Ratio has averaged 2.45 across 5 years, with a median of 1.82 in 2024.
- The sharpest annual moves came in 2021 and 2022: FCF Payout Ratio jumped 1103.9% in 2021, then sank 121.9% in 2022.
- Over 5 years, FCF Payout Ratio stood at 2.82 in 2021, then tumbled by 33.78% to 1.87 in 2022, then retreated by 18.02% to 1.53 in 2023, then increased by 15.14% to 1.76 in 2024, then jumped by 59.03% to 2.81 in 2025.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 2.81, 1.15, and 1.36 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 0.77 |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | - |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 0.76 |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | - |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 0.84 |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | - |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 0.80 |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 1.60 |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 0.56 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.81 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.36 |
| Mar 31, 2025 | 2.47 |
| Dec 31, 2024 | 1.76 |
| Sep 30, 2024 | 1.46 |
| Jun 30, 2024 | 3.56 |
| Mar 31, 2024 | 2.66 |
| Dec 31, 2023 | 1.53 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | -0.62 |
| Mar 31, 2023 | 4.55 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | -1.38 |
| Mar 31, 2022 | 2.91 |
| Dec 31, 2021 | 2.82 |
| Sep 30, 2021 | 11.41 |
| Jun 30, 2021 | 6.30 |
| Mar 31, 2021 | 1.19 |
API Access
Prologis FCF Payout Ratio 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-payout-ratio&ticker=PLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();