Prologis, Inc. (PLD) Operating Margin (2010 - 2026)
Prologis (PLD) posted Operating Margin of 51.59% for Q2 2026, up 9.80 percentage points from 41.79% a year earlier.
Prologis, Inc. (PLD) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Prologis was 52.12%, down 0.01 percentage points year-over-year; for FY2025, it came in at 49.58%, down 4.27 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +1.84 percentage points (FY2020 to FY2025).
- In prior years, Prologis' Operating Margin was 53.84% in FY2024 (+7.63 pp), 46.21% in FY2023 (-11.83 pp), 58.05% in FY2022 (-9.33 pp) and 67.38% in FY2021 (+19.64 pp).
- Quarterly Operating Margin has run from a low of 32.74% in Q1 2023 to a high of 98.91% in Q1 2022 over five years.
- On a year-over-year basis, Operating Margin increased in five of the last seven quarters, with an average year-over-year change of +4.18 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2022, with a gain of 52.56 percentage points; the weakest was Q1 2023, with a drop of 66.17 percentage points.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.59% |
| Mar 31, 2026 | 52.71% |
| Dec 31, 2025 | 72.20% |
| Sep 30, 2025 | 42.47% |
| Jun 30, 2025 | 41.79% |
| Mar 31, 2025 | 41.05% |
| Dec 31, 2024 | 64.58% |
| Sep 30, 2024 | 61.43% |
| Jun 30, 2024 | 50.96% |
| Mar 31, 2024 | 36.82% |
| Dec 31, 2023 | 44.19% |
| Sep 30, 2023 | 46.07% |
| Jun 30, 2023 | 57.60% |
| Mar 31, 2023 | 32.74% |
| Dec 31, 2022 | 46.44% |
| Sep 30, 2022 | 52.26% |
| Jun 30, 2022 | 42.59% |
| Mar 31, 2022 | 98.91% |
| Dec 31, 2021 | 94.60% |
| Sep 30, 2021 | 64.72% |
Prologis, Inc. Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();