Prologis (PLD) Net Margin (2009 - 2025)
Prologis' (PLD) quarterly Net Margin came in at 62.07% in Q4 2025, up 402.0% YoY from 12.36% in Q4 2024, and up 80.12% on a QoQ basis from 34.46% in Q3 2025.
Prologis (PLD) Net Margin (2009 - 2025) Analysis & Trends
Prologis (PLD) has 17 years of Net Margin data on file, last reported at 62.07% in 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 improved to 62.07% in Q4 2025, from 34.46% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 97.64% in Q4 2021 to a low of 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.
- The widest YoY moves for Net Margin: up 7241 bps in 2021, down 12683 bps in 2021.
- Tracing PLD's Net Margin over 5 years: stood at 97.64% in 2021, then slumped by 66 bps to 33.44% in 2022, then slipped by 0 bps to 33.32% in 2023, then surged by 74 bps to 58.05% in 2024, then grew by 7 bps to 62.07% in 2025.
- The last three Net Margin figures came in at 62.07% (Q4 2025), 34.46% (Q3 2025), and 26.09% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 43.74% |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 36.52% |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 29.68% |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 39.06% |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | -2.35% |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | -206.47% |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | 45.96% |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | 23.57% |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | -52.27% |
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% |