Prologis (PLD) Operating Leases (2014 - 2025)

Prologis (PLD) has reported Operating Leases for 12 consecutive years, with $1.4 billion the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Operating Leases fell 19.18% year-over-year to $1.4 billion; the trailing twelve-month figure through Dec 2025 stood at $1.4 billion (down 19.18% YoY), and the FY2025 full-year result was $1.4 billion, down 19.18% from the prior year.
• Operating Leases retreated to $1.4 billion in Q4 2025 per PLD's latest filing, from $1.8 billion in the prior quarter.
• Across five years, Operating Leases topped out at $2.4 billion in Q4 2022 and bottomed at $448.4 million in Q4 2021.
• Historically, Operating Leases has averaged $1.6 billion across 5 years, with a median of $1.8 billion in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Leases surged 429.17% in 2022, then declined 19.4% in 2024.
• Over 5 years, Operating Leases stood at $448.4 million in 2021, then soared by 429.17% to $2.4 billion in 2022, then declined by 7.0% to $2.2 billion in 2023, then slipped by 19.4% to $1.8 billion in 2024, then retreated by 19.18% to $1.4 billion in 2025.
• According to Business Quant data, Operating Leases over the past three periods registered $1.4 billion, $1.8 billion, and $2.2 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.