Prologis (PLD) Net Margin (2009 - 2026)
Prologis' (PLD) quarterly Net Margin came in at 43.74% in Q2 2026, up 1765.0% on a YoY basis from 2.35% in Q2 2025, and down 29.53% quarter-over-quarter from 62.07% in Q4 2025.
Analysis
Prologis (PLD) Net Margin (2009 - 2026) Analysis & Trends
Prologis (PLD) has reported Net Margin for 18 consecutive years, with 43.74% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1765.0% year-over-year to 43.74%; the trailing twelve-month figure through Jun 2026 stood at 41.78% (up 156.0% YoY), and the FY2025 full-year result was 37.8%, down 763.0% from the prior year.
- Net Margin eased to 43.74% in Q2 2026 per PLD's latest filing, from 62.07% in the prior quarter.
- Across five years, Net Margin topped out at 94.27% in Q1 2022 and bottomed at 26.09% in Q2 2025.
- Historically, Net Margin has averaged 44.49% across 5 years, with a median of 42.82% in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 6241 bps in 2022, then tumbled 6808 bps in 2023.
- Over 5 years, Net Margin stood at 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, then slipped by 30 bps to 43.74% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 43.74%, 62.07%, and 34.46% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 126.47 Bn | 126.47 Bn | 2.41 Bn | 43.74% |
| 2 | Eastgroup Properties | 10.61 Bn | 10.61 Bn | 193.10 Mn | 39.06% |
| 3 | Lineage | 8.58 Bn | 8.52 Bn | 425.00 Mn | -2.35% |
| 4 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | -206.47% |
| 5 | STAG Industrial | 7.11 Bn | 7.11 Bn | - | 23.57% |
| 6 | Terreno Realty | 6.94 Bn | 6.94 Bn | - | 45.96% |
| 7 | Americold Realty Trust | 3.94 Bn | 3.90 Bn | 212.69 Mn | -52.27% |
| 8 | LXP Industrial Trust | 3.53 Bn | 3.53 Bn | 71.94 Mn | -1.85% |
| 9 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - | 64.23% |
| 10 | Industrial Logistics Properties Trust | 518.87 Mn | 518.87 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.74% |
| 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% |