Prologis (PLD) Free Cash Flow (2009 - 2025)
Prologis (PLD) posted Free Cash Flow of $335.7 million for Q4 2025, down 47.77% on a QoQ basis from $642.7 million in Q3 2025, and down 33.67% year-over-year from $506.1 million in Q4 2024.
Prologis (PLD) Free Cash Flow (2009 - 2025) Analysis & Trends
Prologis' Free Cash Flow history runs 17 years deep, the most recent figure standing at $335.7 million for 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 was $335.7 million for Q4 2025 at Prologis, down from $642.7 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $2.9 billion in Q3 2023 and bottomed at -$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 tumbled 256.91% — and 2025, when it soared 254.31%.
- Prologis' Free Cash Flow stood at $611.2 million in 2021, then slumped by 36.02% to $391.1 million in 2022, then tumbled by 256.91% to -$613.6 million in 2023, then jumped by 182.48% to $506.1 million in 2024, then tumbled by 33.67% to $335.7 million in 2025.
- Business Quant data shows PLD's Free Cash Flow at $335.7 million in Q4 2025, $642.7 million in Q3 2025, and $864.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 134.75 Bn | 139.31 Bn | 2.24 Bn | 335.69 Mn |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 674.02 Mn |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 482.61 Mn |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 175.89 Mn |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | 138.44 Mn |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | -55.00 Mn |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | 109.89 Mn |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | 76.11 Mn |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | 51.30 Mn |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | -70.12 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 |