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
DateValue
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%