KPIs & Operating Metrics(New)
Growth Metrics

Prologis (PLD) Tax Rate (2016 - 2025)

Prologis (PLD) has disclosed Tax Rate for 15 consecutive years, with 6.22% as the latest value for Q1 2024.

  • For the quarter ending Q1 2024, Tax Rate rose 18.0% year-over-year to 6.22%, compared with a TTM value of 19.54% through Mar 2024, up 1218.0%, and an annual FY2025 reading of 6.08%, up 254.0% over the prior year.
  • Tax Rate was 6.22% for Q1 2024 at Prologis, up from 4.91% in the prior quarter.
  • Across five years, Tax Rate topped out at 8.47% in Q3 2021 and bottomed at 6.0% in Q4 2020.
  • Average Tax Rate over 5 years is 4.06%, with a median of 5.25% recorded in 2020.
  • The sharpest move saw Tax Rate tumbled -1026bps in 2020, then surged 494bps in 2021.
  • Year by year, Tax Rate stood at 6.0% in 2020, then soared by 241bps to 8.47% in 2021, then plummeted by -109bps to 0.8% in 2022, then skyrocketed by 712bps to 4.91% in 2023, then grew by 27bps to 6.22% in 2024.
  • Business Quant data shows Tax Rate for PLD at 6.22% in Q1 2024, 4.91% in Q3 2023, and 6.04% in Q1 2023.