Prologis (PLD) Net Margin (2009 - 2025)
Prologis (PLD) posted Net Margin of 62.07% for Q4 2025, up 80.12% on a QoQ basis from 34.46% in Q3 2025, and up 402.0% year-over-year from 12.36% in Q4 2024.
Prologis (PLD) Net Margin (2009 - 2025) Analysis & Trends
Prologis' Net Margin history runs 17 years deep, the most recent figure standing at 62.07% for Q4 2025.
- Quarterly Net Margin rose 402.0% year-over-year to 62.07% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 37.8% (down 763.0% YoY) and the FY2025 annual result came in at 37.8%, down 763.0% from the prior year.
- Net Margin was 62.07% for Q4 2025 at Prologis, up from 34.46% in the prior quarter.
- Across five years, Net Margin topped out at 97.64% in Q4 2021 and bottomed at 26.09% in Q2 2025.
- A 5-year average of 47.76% and a median of 45.76% in 2022 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 7241 bps in 2021, while the deepest fall reached 12683 bps in 2021.
- Prologis' Net Margin stood at 97.64% in 2021, then plunged by 66 bps to 33.44% in 2022, then declined by 0 bps to 33.32% in 2023, then jumped by 74 bps to 58.05% in 2024, then rose by 7 bps to 62.07% in 2025.
- Business Quant data shows PLD's Net Margin at 62.07% in Q4 2025, 34.46% in Q3 2025, and 26.09% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 136.72 Bn | 136.72 Bn | 2.24 Bn | 62.07% |
| 2 | Public Storage | 56.92 Bn | 56.79 Bn | 1.18 Bn | 39.15% |
| 3 | Extra Space Storage | 31.35 Bn | 31.35 Bn | 617.72 Mn | 27.62% |
| 4 | Eastgroup Properties | 11.31 Bn | 11.31 Bn | 193.10 Mn | 39.06% |
| 5 | Lineage | 9.72 Bn | 9.65 Bn | 417.00 Mn | -3.93% |
| 6 | CubeSmart | 9.62 Bn | 9.62 Bn | 191.86 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 8.86 Bn | 8.81 Bn | - | - |
| 8 | STAG Industrial | 7.76 Bn | 7.76 Bn | - | 27.64% |
| 9 | Terreno Realty | 7.66 Bn | 7.66 Bn | - | 55.54% |
| 10 | Americold Realty Trust | 4.20 Bn | 4.16 Bn | 195.51 Mn | -2.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 61.03% |
| Jun 30, 2021 | 52.02% |
| Mar 31, 2021 | 31.86% |