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% on a YoY basis from $506.1 million in Q4 2024, and down 59.08% quarter-over-quarter from $820.3 million in Q3 2025.
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Analysis
Prologis (PLD) Free Cash Flow (2009 - 2025) Analysis & Trends
Prologis (PLD) has reported Free Cash Flow for 17 consecutive years, with $335.7 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Free Cash Flow fell 33.67% year-over-year to $335.7 million; the trailing twelve-month figure through Dec 2025 stood at $2.2 billion (up 30.55% YoY), and the FY2025 full-year result was $2.2 billion, up 30.55% from the prior year.
- Free Cash Flow fell to $335.7 million in Q4 2025 per PLD's latest filing, from $820.3 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.8 billion in Q3 2023 and bottomed at -$1.3 billion in Q2 2023.
- Historically, Free Cash Flow has averaged $339.7 million across 5 years, with a median of $358.4 million in 2025.
- The widest YoY moves for Free Cash Flow: up 1947.38% in 2022, down 673.29% in 2022.
- Over 5 years, Free Cash Flow stood at $166.0 million in 2021, then soared by 135.94% to $391.6 million in 2022, then soared by 34.74% to $527.6 million in 2023, then dropped by 4.08% to $506.1 million in 2024, then tumbled by 33.67% to $335.7 million in 2025.
- According to Business Quant data, Free Cash Flow over the past three periods registered $335.7 million, $820.3 million, and $690.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 125.76 Bn | 130.15 Bn | 2.41 Bn | - |
| 2 | Eastgroup Properties | 10.88 Bn | 10.88 Bn | 193.10 Mn | 105.38 Mn |
| 3 | Rexford Industrial Realty | 8.56 Bn | 8.91 Bn | - | 58.73 Mn |
| 4 | Lineage | 8.39 Bn | 9.32 Bn | 425.00 Mn | 186.00 Mn |
| 5 | STAG Industrial | 7.25 Bn | 7.32 Bn | - | -154.11 Mn |
| 6 | Terreno Realty | 7.08 Bn | 7.08 Bn | - | -98.93 Mn |
| 7 | Americold Realty Trust | 4.11 Bn | 4.11 Bn | 212.69 Mn | -40.31 Mn |
| 8 | LXP Industrial Trust | 3.58 Bn | 3.60 Bn | 71.94 Mn | -48.84 Mn |
| 9 | Innovative Industrial Properties | 1.53 Bn | 1.53 Bn | - | 44.28 Mn |
| 10 | Industrial Logistics Properties Trust | 514.74 Mn | 894.24 Mn | - | 19.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 335.69 Mn |
| Sep 30, 2025 | 820.28 Mn |
| Jun 30, 2025 | 690.11 Mn |
| Mar 31, 2025 | 381.09 Mn |
| Dec 31, 2024 | 506.11 Mn |
| Sep 30, 2024 | 613.11 Mn |
| Jun 30, 2024 | 251.10 Mn |
| Mar 31, 2024 | 335.67 Mn |
| Dec 31, 2023 | 527.63 Mn |
| Sep 30, 2023 | 1.77 Bn |
| Jun 30, 2023 | -1.30 Bn |
| Mar 31, 2023 | 177.38 Mn |
| Dec 31, 2022 | 391.59 Mn |
| Sep 30, 2022 | 840.41 Mn |
| Jun 30, 2022 | -425.84 Mn |
| Mar 31, 2022 | 201.89 Mn |
| Dec 31, 2021 | 165.97 Mn |
| Sep 30, 2021 | 41.05 Mn |
| Jun 30, 2021 | 74.28 Mn |
| Mar 31, 2021 | 394.30 Mn |
API Access
Prologis Free Cash Flow 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=free-cash-flow&ticker=PLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();