Prologis (PLD) FCF Payout Ratio (2009 - 2025)
Prologis (PLD) reported FCF Payout Ratio of 0.72 for Q4 2025, down 33.64% on a YoY basis from 1.08 in Q4 2024, and down 51.14% quarter-over-quarter from 1.46 in Q3 2025.
Prologis (PLD) FCF Payout Ratio (2009 - 2025) Analysis & Trends
Prologis has reported FCF Payout Ratio for 17 years, with the latest figure at 0.72 in Q4 2025.
- For the quarter ending Q4 2025, FCF Payout Ratio fell 33.64% year-over-year to 0.72; the trailing twelve-month figure through Dec 2025 stood at 1.17 (down 15.05% YoY), and the FY2025 full-year result was 1.17, down 15.05% from the prior year.
- FCF Payout Ratio for Q4 2025 stood at 0.72, down from 1.46 in the prior quarter.
- The five-year high for FCF Payout Ratio was 6.37 in Q3 2024, with the low at 31.9 in Q2 2022.
- Historically, FCF Payout Ratio has averaged 0.09 across 5 years, with a median of 0.92 in 2024.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio sank 606.12% — and 2024, when it jumped 1298.57%.
- Prologis' FCF Payout Ratio stood at 1.15 in 2021, then surged by 162.56% to 0.72 in 2022, then fell by 15.14% to 0.61 in 2023, then surged by 76.6% to 1.08 in 2024, then sank by 33.64% to 0.72 in 2025.
- The last three FCF Payout Ratio figures came in at 0.72 (Q4 2025), 1.46 (Q3 2025), and 1.09 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 0.72 |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 0.90 |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 0.03 |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 0.86 |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -2.42 |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 0.87 |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 0.91 |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 0.22 |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 1.13 |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | -0.95 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | 1.46 |
| Jun 30, 2025 | 1.09 |
| Mar 31, 2025 | 2.44 |
| Dec 31, 2024 | 1.08 |
| Sep 30, 2024 | 6.37 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 2.66 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | -0.37 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 0.72 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | -31.90 |
| Mar 31, 2022 | 2.91 |
| Dec 31, 2021 | -1.15 |
| Sep 30, 2021 | 0.76 |
| Jun 30, 2021 | 6.30 |
| Mar 31, 2021 | 1.19 |