Prologis (PLD) Net Margin (2009 - 2025)
Prologis (PLD) reported Net Margin of 62.07% for Q4 2025, up 402.0% on a YoY basis from 12.36% in Q4 2024, and up 80.12% quarter-over-quarter from 34.46% in Q3 2025.
Prologis (PLD) Net Margin (2009 - 2025) Analysis & Trends
Prologis has reported Net Margin for 17 years, with the latest figure at 62.07% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin rose 402.0% year-over-year to 62.07%; the trailing twelve-month figure through Dec 2025 stood at 37.8% (down 763.0% YoY), and the FY2025 full-year result was 37.8%, down 763.0% from the prior year.
- Net Margin for Q4 2025 stood at 62.07%, up from 34.46% in the prior quarter.
- The five-year high for Net Margin was 97.64% in Q4 2021, with the low at 26.09% in Q2 2025.
- Historically, Net Margin has averaged 47.76% across 5 years, with a median of 45.76% in 2022.
- The largest YoY upside for Net Margin was 7241 bps in 2021 against a maximum downside of 12683 bps in 2021.
- Prologis' Net Margin 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 62.07% |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 39.15% |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 699.75% |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 49.74% |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -3.93% |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 27.64% |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 55.54% |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | -3.68% |
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% |