Prologis (PLD) Tax Rate (2010 - 2026)
Prologis' (PLD) quarterly Tax Rate came in at 8.78% in Q2 2026, up 515.0% on a YoY basis from 1.43% in Q2 2025, and up 66.14% quarter-over-quarter from 5.28% in Q4 2025.
Analysis
Prologis (PLD) Tax Rate (2010 - 2026) Analysis & Trends
Prologis (PLD) has reported Tax Rate for 17 consecutive years, with 8.78% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 515.0% year-over-year to 8.78%; the trailing twelve-month figure through Jun 2026 stood at 6.22% (up 210.0% YoY), and the FY2025 full-year result was 5.41%, up 136.0% from the prior year.
- Tax Rate grew to 8.78% in Q2 2026 per PLD's latest filing, from 5.28% in the prior quarter.
- Across five years, Tax Rate topped out at 8.78% in Q2 2026 and bottomed at 0.39% in Q3 2024.
- Historically, Tax Rate has averaged 5.1% across 5 years, with a median of 5.28% in 2025.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 451 bps in 2024, then jumped 583 bps in 2025.
- Over 5 years, Tax Rate stood at 2.77% in 2022, then jumped by 187 bps to 7.97% in 2023, then dropped by 24 bps to 6.08% in 2024, then fell by 13 bps to 5.28% in 2025, then soared by 66 bps to 8.78% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 8.78%, 5.28%, and 6.23% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 126.47 Bn | 126.47 Bn | 2.41 Bn | 8.78% |
| 2 | Eastgroup Properties | 10.61 Bn | 10.61 Bn | 193.10 Mn | - |
| 3 | Lineage | 8.58 Bn | 8.52 Bn | 425.00 Mn | 3.03% |
| 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 | -7.02% |
| 8 | LXP Industrial Trust | 3.53 Bn | 3.53 Bn | 71.94 Mn | 12.53% |
| 9 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - | - |
| 10 | Industrial Logistics Properties Trust | 518.87 Mn | 518.87 Mn | - | -0.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.78% |
| Dec 31, 2025 | 5.28% |
| Sep 30, 2025 | 6.23% |
| Jun 30, 2025 | 3.62% |
| Mar 31, 2025 | 6.35% |
| Dec 31, 2024 | 6.08% |
| Sep 30, 2024 | 0.39% |
| Jun 30, 2024 | 4.51% |
| Mar 31, 2024 | 4.94% |
| Dec 31, 2023 | 7.97% |
| Sep 30, 2023 | 4.91% |
| Jun 30, 2023 | 5.83% |
| Mar 31, 2023 | 6.04% |
| Dec 31, 2022 | 2.77% |
| Sep 30, 2022 | 3.49% |
| Jun 30, 2022 | 7.16% |
| Mar 31, 2022 | 2.34% |
| Dec 31, 2021 | 2.98% |
| Sep 30, 2021 | 6.93% |
| Jun 30, 2021 | 7.03% |