Prologis (PLD) Free Cash Flow (2009 - 2025)
Prologis' (PLD) quarterly Free Cash Flow came in at $335.7 million in Q4 2025, down 33.67% YoY from $506.1 million in Q4 2024, and down 47.77% on a QoQ basis from $642.7 million in Q3 2025.
Prologis (PLD) Free Cash Flow (2009 - 2025) Analysis & Trends
Prologis (PLD) has 17 years of Free Cash Flow data on file, last reported at $335.7 million in Q4 2025.
- Quarterly Free Cash Flow fell 33.67% year-over-year to $335.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.2 billion (up 30.55% YoY) and the FY2025 annual result came in at $2.2 billion, up 30.55% from the prior year.
- Free Cash Flow slipped to $335.7 million in Q4 2025, from $642.7 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.9 billion in Q3 2023 to a low of -$2.2 billion in Q2 2023.
- A 5-year average of $439.3 million and a median of $545.6 million in 2021 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 256.91% — and 2025, when it soared 254.31%.
- Tracing PLD's Free Cash Flow over 5 years: stood at $611.2 million in 2021, then plunged by 36.02% to $391.1 million in 2022, then sank by 256.91% to -$613.6 million in 2023, then surged by 182.48% to $506.1 million in 2024, then sank by 33.67% to $335.7 million in 2025.
- The last three Free Cash Flow figures came in at $335.7 million (Q4 2025), $642.7 million (Q3 2025), and $864.2 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | - |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 682.92 Mn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 427.58 Mn |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | 105.38 Mn |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | 186.00 Mn |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | 132.22 Mn |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | 58.73 Mn |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | -98.93 Mn |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | -154.11 Mn |
| 10 | Americold Realty Trust | 4.37 Bn | 4.33 Bn | 212.69 Mn | -40.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 335.69 Mn |
| Dec 31, 2025 | 335.69 Mn |
| Sep 30, 2025 | 642.68 Mn |
| Sep 30, 2025 | 642.68 Mn |
| Jun 30, 2025 | 864.24 Mn |
| Jun 30, 2025 | 864.24 Mn |
| Mar 31, 2025 | 384.57 Mn |
| Mar 31, 2025 | 384.57 Mn |
| Dec 31, 2024 | 506.11 Mn |
| Dec 31, 2024 | 506.11 Mn |
| Sep 30, 2024 | -416.49 Mn |
| Sep 30, 2024 | -416.49 Mn |
| Jun 30, 2024 | 687.07 Mn |
| Jun 30, 2024 | 687.07 Mn |
| Mar 31, 2024 | 929.28 Mn |
| Mar 31, 2024 | 929.28 Mn |
| Dec 31, 2023 | -613.63 Mn |
| Dec 31, 2023 | -613.63 Mn |
| Sep 30, 2023 | 2.91 Bn |
| Sep 30, 2023 | 2.91 Bn |