Prologis (PLDGP) Tax Rate (2010 - 2025)
Prologis (PLDGP) reported Tax Rate of 3.97% for Q4 2025, down 1352.0% on a YoY basis from 0.32% in Q4 2024, and down 163.75% quarter-over-quarter from 6.23% in Q3 2025.
Prologis (PLDGP) Tax Rate (2010 - 2025) Analysis & Trends
Prologis has reported Tax Rate for 16 years, with the latest figure at 3.97% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate fell 1352.0% year-over-year to 3.97%; the trailing twelve-month figure through Dec 2025 stood at 86.88% (up 8224.0% YoY), and the FY2025 full-year result was 86.88%, up 8224.0% from the prior year.
- Tax Rate for Q4 2025 stood at 3.97%, down from 6.23% in the prior quarter.
- The five-year high for Tax Rate was 17.65% in Q4 2021, with the low at 3.97% in Q4 2025.
- Historically, Tax Rate has averaged 4.72% across 5 years, with a median of 5.39% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 2046 bps — and 2024, when it soared 1144 bps.
- Prologis' Tax Rate stood at 17.65% in 2021, then slumped by 116 bps to 2.81% in 2022, then jumped by 33 bps to 1.89% in 2023, then jumped by 605 bps to 9.55% in 2024, then plunged by 142 bps to 3.97% in 2025.
- The last three Tax Rate figures came in at 3.97% (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 | 137.79 Bn | 141.12 Bn | 2.24 Bn | -3.97% |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 0.30% |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 4.36% |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | - |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -8.51% |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | - |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | - |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | - |
| 10 | Prologis | - | - | 2.24 Bn | -3.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.97% |
| Dec 31, 2025 | -3.97% |
| Sep 30, 2025 | 6.23% |
| Sep 30, 2025 | 6.23% |
| Jun 30, 2025 | 3.62% |
| Jun 30, 2025 | 3.62% |
| Mar 31, 2025 | 6.35% |
| Mar 31, 2025 | 6.35% |
| Dec 31, 2024 | 9.55% |
| Dec 31, 2024 | 9.55% |
| Sep 30, 2024 | 0.39% |
| Sep 30, 2024 | 0.39% |
| Jun 30, 2024 | 4.51% |
| Jun 30, 2024 | 4.51% |
| Mar 31, 2024 | 4.94% |
| Mar 31, 2024 | 4.94% |
| Dec 31, 2023 | -1.89% |
| Dec 31, 2023 | -1.89% |
| Sep 30, 2023 | 4.91% |
| Sep 30, 2023 | 4.91% |