Prologis, Inc. (PLDGP) FCF Margin (2009 - 2025)

Prologis' FCF Margin history runs 17 years deep, the most recent figure standing at 14.9% for Q4 2025.

• Quarterly FCF Margin fell 810.0% year-over-year to 14.9% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 25.34% (up 454.0% YoY) and the FY2025 annual result came in at 25.34%, up 454.0% from the prior year.
• FCF Margin was 14.9% for Q4 2025 at Prologis, down from 29.03% in the prior quarter.
• Across five years, FCF Margin topped out at 152.02% in Q3 2023 and bottomed at 89.03% in Q2 2023.
• A 5-year average of 27.74% and a median of 33.11% in 2022 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2021 — FCF Margin slumped 89722 bps — and 2024, when it surged 12325 bps.
• Prologis' FCF Margin stood at 47.85% in 2021, then slumped by 53 bps to 22.33% in 2022, then slumped by 245 bps to 32.48% in 2023, then surged by 171 bps to 23.0% in 2024, then tumbled by 35 bps to 14.9% in 2025.
• Business Quant data shows PLDGP's FCF Margin at 14.9% in Q4 2025, 29.03% in Q3 2025, and 39.57% in Q2 2025.