Prologis (PLD) Tax Rate (2010 - 2025)

Prologis (PLD) reported Tax Rate of 3.97% for Q4 2025, down 1352.0% on a YoY basis from 0.32% in Q4 2024, and down 163.75% quarter-over-quarter from 6.23% in Q3 2025.

Prologis (PLD) Tax Rate (2010 - 2025) Analysis & Trends

Prologis has reported Tax Rate for 16 years, with the latest figure at 3.97% in Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate fell 1352.0% year-over-year to 3.97%; the trailing twelve-month figure through Dec 2025 stood at 86.88% (up 8224.0% YoY), and the FY2025 full-year result was 86.88%, up 8224.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 3.97%, down from 6.23% in the prior quarter.
  • The five-year high for Tax Rate was 17.65% in Q4 2021, with the low at 3.97% in Q4 2025.
  • Historically, Tax Rate has averaged 4.72% across 5 years, with a median of 5.39% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate slumped 2046 bps — and 2024, when it soared 1144 bps.
  • Prologis' Tax Rate stood at 17.65% in 2021, then slumped by 116 bps to 2.81% in 2022, then jumped by 33 bps to 1.89% in 2023, then jumped by 605 bps to 9.55% in 2024, then plunged by 142 bps to 3.97% in 2025.
  • The last three Tax Rate figures came in at 3.97% (Q4 2025), 6.23% (Q3 2025), and 3.62% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn -3.97%
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 0.30%
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 4.36%
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn -
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn -8.51%
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn -
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - -
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - -
10 Americold Realty Trust 4.14 Bn 4.14 Bn 195.51 Mn -14.51%

Historic Data

Download Data
DateValue
Dec 31, 2025 -3.97%
Dec 31, 2025 -3.97%
Sep 30, 2025 6.23%
Sep 30, 2025 6.23%
Jun 30, 2025 3.62%
Jun 30, 2025 3.62%
Mar 31, 2025 6.35%
Mar 31, 2025 6.35%
Dec 31, 2024 9.55%
Dec 31, 2024 9.55%
Sep 30, 2024 0.39%
Sep 30, 2024 0.39%
Jun 30, 2024 4.51%
Jun 30, 2024 4.51%
Mar 31, 2024 4.94%
Mar 31, 2024 4.94%
Dec 31, 2023 -1.89%
Dec 31, 2023 -1.89%
Sep 30, 2023 4.91%
Sep 30, 2023 4.91%