Growth Metrics

Prologis (PLDGP) Operating Margin (2016 - 2025)

Prologis' Operating Margin history spans 17 years, with the latest figure at 72.2% for Q4 2025.

  • For Q4 2025, Operating Margin rose 762.0% year-over-year to 72.2%; the TTM value through Dec 2025 reached 49.58%, down 427.0%, while the annual FY2025 figure was 49.58%, 427.0% down from the prior year.
  • Operating Margin reached 72.2% in Q4 2025 per PLDGP's latest filing, up from 42.47% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 98.91% in Q1 2022 to a low of 32.74% in Q1 2023.
  • Average Operating Margin over 5 years is 54.93%, with a median of 48.7% recorded in 2022.
  • Peak YoY movement for Operating Margin: crashed -28529bps in 2021, then skyrocketed 5256bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 94.6% in 2021, then plummeted by -51bps to 46.44% in 2022, then fell by -5bps to 44.19% in 2023, then skyrocketed by 46bps to 64.58% in 2024, then increased by 12bps to 72.2% in 2025.
  • Per Business Quant, the three most recent readings for PLDGP's Operating Margin are 72.2% (Q4 2025), 42.47% (Q3 2025), and 41.79% (Q2 2025).