Prologis (PLD) Net Margin (2009 - 2026)
Prologis (PLD) posted Net Margin of 34.17% for Q3 2026, down 0.29 percentage points from 34.46% a year earlier and down 9.57 percentage points from the prior quarter.
Prologis (PLD) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Prologis was 45.45%, up 8.81 percentage points year-over-year; for FY2025, it was 37.80%, down 7.63 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +4.61 percentage points (FY2020 to FY2025).
- In prior years, Prologis' Net Margin was 45.43% in FY2024 (+7.37 pp), 38.06% in FY2023 (-18.17 pp), 56.23% in FY2022 (-5.41 pp) and 61.64% in FY2021 (+28.45 pp).
- The Q3 2026 figure stands as the lowest quarterly Net Margin since Q2 2025.
- On a year-over-year basis, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +3.42 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 72.41 percentage points; the weakest was Q1 2023, with a drop of 68.08 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 43.74% (Q2 2026), 42.67% (Q1 2026) and 62.07% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 34.17% |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 26.98% |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 22.86% |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | 24.91% |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | 3.57% |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 27.84% |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 32.15% |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | - |
| 10 | Essex Property Trust | 17.73 Bn | 17.49 Bn | - | 19.90% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.17% |
| Jun 30, 2026 | 43.74% |
| Mar 31, 2026 | 42.67% |
| Dec 31, 2025 | 62.07% |
| Sep 30, 2025 | 34.46% |
| Jun 30, 2025 | 26.09% |
| Mar 31, 2025 | 27.64% |
| Dec 31, 2024 | 58.05% |
| Sep 30, 2024 | 49.32% |
| Jun 30, 2024 | 42.82% |
| Mar 31, 2024 | 29.86% |
| Dec 31, 2023 | 33.32% |
| Sep 30, 2023 | 38.97% |
| Jun 30, 2023 | 49.55% |
| Mar 31, 2023 | 26.19% |
| Dec 31, 2022 | 33.44% |
| Sep 30, 2022 | 57.91% |
| Jun 30, 2022 | 48.71% |
| Mar 31, 2022 | 94.27% |
| Dec 31, 2021 | 97.64% |
Prologis Net Margin 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=net-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();