Prologis (PLD) Tax Rate (2010 - 2025)
Prologis' (PLD) quarterly Tax Rate came in at 5.28% in Q4 2025, up 69.0% YoY from 3.13% in Q4 2024, and down 15.14% on a QoQ basis from 6.23% in Q3 2025.
Prologis (PLD) Tax Rate (2010 - 2025) Analysis & Trends
Prologis (PLD) has 16 years of Tax Rate data on file, last reported at 5.28% in 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 declined to 5.28% in Q4 2025, from 6.23% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.65% in Q4 2021 to a low of 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 slumped 1488 bps.
- Tracing PLD's Tax Rate over 5 years: stood at 17.65% in 2021, then sank by 84 bps to 2.77% in 2022, then slumped by 198 bps to 2.71% in 2023, then surged by 270 bps to 4.6% in 2024, then increased by 15 bps to 5.28% in 2025.
- The last three Tax Rate figures came in at 5.28% (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 | 131.18 Bn | 131.18 Bn | 2.41 Bn | 8.78% |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 0.54% |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 4.45% |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | - |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | 3.03% |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | - |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | - |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | - |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | - |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | -7.02% |
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% |