Prologis (PLD) Operating Leases (2014 - 2025)

Prologis has reported Operating Leases for 11 years, with the latest figure at $1.4 billion in Q4 2025.

• For the quarter ending Q4 2025, Operating Leases rose 133.64% year-over-year to $1.4 billion; the trailing twelve-month figure through Dec 2025 stood at $1.4 billion (up 133.64% YoY), and the FY2025 full-year result was $1.4 billion, up 133.64% from the prior year.
• Operating Leases for Q4 2025 stood at $1.4 billion, up from $615.3 million in the prior quarter.
• The five-year high for Operating Leases was $1.4 billion in Q4 2025, with the low at $198.9 million in Q4 2021.
• Historically, Operating Leases has averaged $697.6 million across 5 years, with a median of $615.3 million in 2024.
• Annual changes were most pronounced in 2021 — Operating Leases slumped 59.16% — and 2022, when it jumped 221.18%.
• Prologis' Operating Leases stood at $198.9 million in 2021, then jumped by 221.18% to $638.8 million in 2022, then fell by 6.45% to $597.6 million in 2023, then gained by 2.96% to $615.3 million in 2024, then soared by 133.64% to $1.4 billion in 2025.
• The last three Operating Leases figures came in at $1.4 billion (Q4 2025), $615.3 million (Q4 2024), and $597.6 million (Q4 2023), per Business Quant data.