Prologis (PLD) Tax Rate (2010 - 2025)
Prologis (PLD) posted Tax Rate of 5.28% for Q4 2025, down 15.14% on a QoQ basis from 6.23% in Q3 2025, and up 69.0% year-over-year from 3.13% in Q4 2024.
Prologis (PLD) Tax Rate (2010 - 2025) Analysis & Trends
Prologis' Tax Rate history runs 16 years deep, the most recent figure standing at 5.28% for Q4 2025.
- Quarterly Tax Rate rose 69.0% year-over-year to 5.28% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 5.41% (up 187.0% YoY) and the FY2025 annual result came in at 5.41%, up 187.0% from the prior year.
- Tax Rate was 5.28% for Q4 2025 at Prologis, down from 6.23% in the prior quarter.
- Across five years, Tax Rate topped out at 17.65% in Q4 2021 and bottomed at 2.71% in Q4 2023.
- A 5-year average of 5.17% and a median of 5.11% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate soared 2365 bps — and 2022, when it sank 1488 bps.
- Prologis' Tax Rate stood at 17.65% in 2021, then tumbled by 84 bps to 2.77% in 2022, then plunged by 198 bps to 2.71% in 2023, then jumped by 270 bps to 4.6% in 2024, then gained by 15 bps to 5.28% in 2025.
- Business Quant data shows PLD's Tax Rate at 5.28% in Q4 2025, 6.23% in Q3 2025, and 3.62% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 135.28 Bn | 135.28 Bn | 2.24 Bn | 5.28% |
| 2 | Public Storage | 57.07 Bn | 56.93 Bn | 1.18 Bn | 0.30% |
| 3 | Extra Space Storage | 31.39 Bn | 31.39 Bn | 617.72 Mn | 4.36% |
| 4 | Eastgroup Properties | 11.32 Bn | 11.32 Bn | 193.10 Mn | - |
| 5 | CubeSmart | 9.61 Bn | 9.61 Bn | 191.86 Mn | - |
| 6 | Lineage | 9.54 Bn | 9.47 Bn | 417.00 Mn | -8.51% |
| 7 | Rexford Industrial Realty | 8.85 Bn | 8.80 Bn | - | - |
| 8 | STAG Industrial | 7.79 Bn | 7.79 Bn | - | - |
| 9 | Terreno Realty | 7.62 Bn | 7.62 Bn | - | - |
| 10 | Americold Realty Trust | 4.15 Bn | 4.11 Bn | 195.51 Mn | 32.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.28% |
| Dec 31, 2025 | 5.28% |
| Dec 31, 2025 | 5.28% |
| Sep 30, 2025 | 6.23% |
| Sep 30, 2025 | 6.23% |
| Sep 30, 2025 | 6.23% |
| Jun 30, 2025 | 3.62% |
| Jun 30, 2025 | 3.62% |
| Jun 30, 2025 | 3.62% |
| Mar 31, 2025 | 6.35% |
| Mar 31, 2025 | 6.35% |
| Mar 31, 2025 | 6.35% |
| Dec 31, 2024 | 4.60% |
| Dec 31, 2024 | 4.60% |
| Dec 31, 2024 | 4.60% |
| Sep 30, 2024 | 0.39% |
| Sep 30, 2024 | 0.39% |
| Sep 30, 2024 | 0.39% |
| Jun 30, 2024 | 4.51% |
| Jun 30, 2024 | 4.51% |