Prologis (PLD) Free Cash Flow (2009 - 2026)
Prologis (PLD) reported Free Cash Flow of $335.69 million for Q4 2025, down 33.7% from $506.11 million a year earlier and down 59.1% from the prior quarter.
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Analysis
Prologis (PLD) Free Cash Flow (2009 - 2026) Analysis & Trends
For FY2025, Prologis posted Free Cash Flow of $2.23 billion, up 30.6% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $1.71 billion in FY2024 (-13.6%), $1.97 billion in FY2023 (+95.8%), $1.01 billion in FY2022 (+183.0%) and $356.17 million in FY2021 (-65.0%).
- The Q4 2025 figure ranks as the lowest quarterly Free Cash Flow since Q2 2024.
- Year over year, Free Cash Flow gained in five of the last eight quarters, with growth averaging 45.4%.
- The high point for year-over-year Free Cash Flow in five years was Q3 2022 (growth of 956.1%); the low point was Q3 2021 (a decline of 91.0%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $820.28 million (Q3 2025), $686.63 million (Q2 2025) and $384.57 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.67 Bn | 146.16 Bn | 1.39 Bn | -4.21 Bn |
| 2 | Prologis | 123.63 Bn | 118.68 Bn | - | 547.14 Mn |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - | 624.98 Mn |
| 4 | Realty Income | 51.46 Bn | 49.68 Bn | - | -755.59 Mn |
| 5 | Public Storage | 50.61 Bn | 49.60 Bn | - | 682.92 Mn |
| 6 | Ventas | 41.19 Bn | 39.87 Bn | - | -920.75 Mn |
| 7 | Extra Space Storage | 28.16 Bn | 28.16 Bn | 642.43 Mn | 427.58 Mn |
| 8 | Vici Properties | 24.94 Bn | 23.05 Bn | 1.05 Bn | 587.09 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 203.56 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.09 Bn | - | 222.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 547.14 Mn |
| Mar 31, 2026 | 523.67 Mn |
| 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 |
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();