Prologis (PLD) Gross Margin (2010 - 2026)
Prologis' (PLD) quarterly Gross Margin came in at 99.17% in Q2 2026, down 30.0% on a YoY basis from 141.67% in Q2 2025, and little changed quarter-over-quarter from 99.29% in Q4 2025.
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Prologis (PLD) Gross Margin (2010 - 2026) Analysis & Trends
Prologis (PLD) has reported Gross Margin for 17 consecutive years, with 99.17% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 30.0% year-over-year to 99.17%; the trailing twelve-month figure through Jun 2026 stood at 99.38% (down 10.0% YoY), and the FY2025 full-year result was 99.48%, up 5.0% from the prior year.
- Gross Margin held at 99.17% in Q2 2026 per PLD's latest filing, from 99.29% in the prior quarter.
- Across five years, Gross Margin topped out at 99.65% in Q4 2024 and bottomed at 98.85% in Q4 2023.
- Historically, Gross Margin has averaged 99.37% across 5 years, with a median of 99.37% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 49 bps in 2022, then jumped 80 bps in 2024.
- Over 5 years, Gross Margin stood at 99.31% in 2022, then decreased by 0 bps to 98.85% in 2023, then advanced by 1 bps to 99.65% in 2024, then dropped by 0 bps to 99.29% in 2025, then decreased by 0 bps to 99.17% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 99.17%, 99.29%, and 99.61% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 126.47 Bn | 126.47 Bn | 2.41 Bn | 99.17% |
| 2 | Eastgroup Properties | 10.61 Bn | 10.61 Bn | 193.10 Mn | 99.88% |
| 3 | Lineage | 8.58 Bn | 8.52 Bn | 425.00 Mn | 31.23% |
| 4 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | - |
| 5 | STAG Industrial | 7.11 Bn | 7.11 Bn | - | - |
| 6 | Terreno Realty | 6.94 Bn | 6.94 Bn | - | - |
| 7 | Americold Realty Trust | 3.94 Bn | 3.90 Bn | 212.69 Mn | 32.08% |
| 8 | LXP Industrial Trust | 3.53 Bn | 3.53 Bn | 71.94 Mn | 81.64% |
| 9 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - | - |
| 10 | Industrial Logistics Properties Trust | 518.87 Mn | 518.87 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.17% |
| Dec 31, 2025 | 99.29% |
| Sep 30, 2025 | 99.61% |
| Jun 30, 2025 | 99.46% |
| Mar 31, 2025 | 99.55% |
| Dec 31, 2024 | 99.65% |
| Sep 30, 2024 | 99.23% |
| Jun 30, 2024 | 99.43% |
| Mar 31, 2024 | 99.37% |
| Dec 31, 2023 | 98.85% |
| Sep 30, 2023 | 99.36% |
| Jun 30, 2023 | 99.50% |
| Mar 31, 2023 | 99.59% |
| Dec 31, 2022 | 99.31% |
| Sep 30, 2022 | 99.60% |
| Jun 30, 2022 | 99.07% |
| Mar 31, 2022 | 99.21% |
| Dec 31, 2021 | 99.42% |
| Sep 30, 2021 | 99.63% |
| Jun 30, 2021 | 99.37% |