Prologis (PLD) Other Working Capital Changes (2009 - 2026)
Prologis (PLD) recorded Other Working Capital Changes of $294.58 million in Q4 2025, up 123.7% from $131.71 million a year earlier and up 237.6% from the prior quarter.
Prologis (PLD) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For FY2025, Prologis reported Other Working Capital Changes of $422.1 million, up 23.6% from FY2024.
- Annual Other Working Capital Changes has increased for three straight years, with a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- Across earlier years, Other Working Capital Changes came in at $341.61 million in FY2024 (+232.9%), $102.61 million in FY2023 (+43.9%), $71.31 million in FY2022 (-78.3%) and $328.51 million in FY2021 (+157.4%).
- The Q4 2025 figure is the highest quarterly Other Working Capital Changes in data going back to Q3 2009.
- On a year-over-year basis, Other Working Capital Changes rose in three of the last five quarters, with growth averaging 57.7%.
- Peak year-over-year performance for Other Working Capital Changes in the last five years was growth of 178.8% in Q3 2024, against a decline of 87.6% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $87.26 million (Q3 2025), $63.25 million (Q2 2025) and -$22.98 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 165.25 Bn | 146.74 Bn | 1.39 Bn |
| 2 | Prologis | 124.09 Bn | 119.13 Bn | - |
| 3 | Simon Property | 64.79 Bn | 60.64 Bn | - |
| 4 | Realty Income | 51.71 Bn | 49.93 Bn | - |
| 5 | Public Storage | 50.81 Bn | 49.80 Bn | - |
| 6 | Ventas | 41.44 Bn | 40.13 Bn | - |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.09 Bn | 23.21 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.72 Bn | 22.50 Bn | - |
| 10 | Essex Property Trust | 17.34 Bn | 17.10 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -212.48 Mn |
| Mar 31, 2026 | 61.38 Mn |
| Dec 31, 2025 | -294.58 Mn |
| Sep 30, 2025 | -87.26 Mn |
| Jun 30, 2025 | -63.25 Mn |
| Mar 31, 2025 | 22.98 Mn |
| Dec 31, 2024 | -131.71 Mn |
| Sep 30, 2024 | -156.65 Mn |
| Jun 30, 2024 | -98.09 Mn |
| Mar 31, 2024 | 44.84 Mn |
| Dec 31, 2023 | -4.38 Mn |
| Sep 30, 2023 | 526.98 Mn |
| Jun 30, 2023 | -676.38 Mn |
| Mar 31, 2023 | 51.16 Mn |
| Dec 31, 2022 | 409.28 Mn |
| Sep 30, 2022 | -580.45 Mn |
| Jun 30, 2022 | -7.84 Mn |
| Mar 31, 2022 | 107.70 Mn |
| Dec 31, 2021 | -104.85 Mn |
| Sep 30, 2021 | -230.24 Mn |
Prologis Other Working Capital Changes 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=other-working-capital-changes&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();