Prologis (PLD) Tax Rate (2012 - 2026)
Prologis' Tax Rate was 8.78% in Q2 2026, up 5.15 percentage points from 3.62% a year earlier.
Prologis (PLD) Tax Rate (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Prologis' Tax Rate was 6.22% through Jun 30, 2026, up 2.10 percentage points year-over-year; for FY2025, it was 5.41%, up 1.36 percentage points from FY2024.
- Tax Rate shows a five-year change of -2.05 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 4.06% in FY2024 (-2.03 pp), 6.09% in FY2023 (+2.42 pp), 3.67% in FY2022 (-1.58 pp) and 5.24% in FY2021 (-2.22 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2020.
- Compared with a year earlier, Tax Rate was higher in three of the last seven quarters, with an average year-over-year change of +0.62 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2025 (a gain of 5.83 percentage points); the worst was Q4 2021 (a drop of 8.74 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 8.78% |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 6.51% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 0.54% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 4.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 0.34% |
| 10 | Invitation Homes | 15.68 Bn | 15.72 Bn | - | - |
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% |
Prologis Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();