Prologis (PLD) Payout Ratio (2009 - 2025)
Prologis' (PLD) quarterly Payout Ratio came in at 0.67 in Q4 2025, down 3.63% on a YoY basis from 0.7 in Q4 2024, and down 45.4% quarter-over-quarter from 1.23 in Q3 2025.
Analysis
Prologis (PLD) Payout Ratio (2009 - 2025) Analysis & Trends
Prologis (PLD) has reported Payout Ratio for 17 consecutive years, with 0.67 the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Payout Ratio fell 3.63% year-over-year to 0.67; the trailing twelve-month figure through Dec 2025 stood at 1.13 (up 18.24% YoY), and the FY2025 full-year result was 1.13, up 18.24% from the prior year.
- Payout Ratio eased to 0.67 in Q4 2025 per PLD's latest filing, from 1.23 in the prior quarter.
- Across five years, Payout Ratio topped out at 1.74 in Q1 2023 and bottomed at 0.38 in Q4 2021.
- Historically, Payout Ratio has averaged 1.02 across 5 years, with a median of 1.0 in 2024.
- The sharpest annual moves came in 2021 and 2023: Payout Ratio tumbled 75.53% in 2021, then surged 240.69% in 2023.
- Over 5 years, Payout Ratio stood at 0.38 in 2021, then soared by 232.64% to 1.25 in 2022, then grew by 2.79% to 1.28 in 2023, then tumbled by 45.58% to 0.7 in 2024, then dropped by 3.63% to 0.67 in 2025.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.67, 1.23, and 1.65 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Prologis | 126.47 Bn | 126.47 Bn | 2.41 Bn |
| 2 | Eastgroup Properties | 10.61 Bn | 10.61 Bn | 193.10 Mn |
| 3 | Lineage | 8.58 Bn | 8.52 Bn | 425.00 Mn |
| 4 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - |
| 5 | STAG Industrial | 7.11 Bn | 7.11 Bn | - |
| 6 | Terreno Realty | 6.94 Bn | 6.94 Bn | - |
| 7 | Americold Realty Trust | 3.94 Bn | 3.90 Bn | 212.69 Mn |
| 8 | LXP Industrial Trust | 3.53 Bn | 3.53 Bn | 71.94 Mn |
| 9 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - |
| 10 | Industrial Logistics Properties Trust | 518.87 Mn | 518.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 1.23 |
| Jun 30, 2025 | 1.65 |
| Mar 31, 2025 | 1.59 |
| Dec 31, 2024 | 0.70 |
| Sep 30, 2024 | 0.89 |
| Jun 30, 2024 | 1.04 |
| Mar 31, 2024 | 1.53 |
| Dec 31, 2023 | 1.28 |
| Sep 30, 2023 | 1.08 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 1.74 |
| Dec 31, 2022 | 1.25 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.96 |
| Mar 31, 2022 | 0.51 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 0.65 |
| Jun 30, 2021 | 0.78 |
| Mar 31, 2021 | 1.28 |