Stock Analysis
PROLOGIS, INC.PLD
P/E 28.40×· 5Y range 18.82–65.84×· bottom 24% of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsBuy23 analystsP/E 28.4× sits at the 24th percentile of its 5.0978781656399725-year history.
Cash covers 5% of debt · Q2 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Strengths
- Profitability60
Risks
- Financial Health18
- Growth26
Cheap for a reason — fundamentals remain weak.
Bull Case
- ✓Revenue CAGR 16.6% — durable top-line growth
- ✓P/E 28.4× at bottom 24% of 5-year history
What's happening with PLD
Profile
financial health, growth, valuation and earnings quality lag behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (24th pct)20/25
- FCF yield (4.4%)12/25
- P/S (13.0x)5/25
- EV/EBIT (30.8x)5/25
- Growth26/100 · Weak
- Revenue CAGR (16.6%)20/25
- Net income CAGR (3.2%)6/25
- EPS CAGR 5Y (-2.5%)0/25
- Fwd implied growth (-35.9%)0/25
- Profitability60/100 · Moderate
- ROIC (4.3%)5/25
- ROE (7.2%)5/25
- Net margin (45.8%)25/25
- Operating margin (54.7%)25/25
- Financial Health18/100 · Weak
- Altman Z (0.13)3/25
- Current ratio (0.27)0/25
- Interest coverage (4.3x)10/25
- Net cash / debt (D/A 35%)5/25
- Quality42/100 · Weak
- Piotroski F (4/9)10/25
- Beneish M (-2.49)20/25
- FCF conversion (n/a)0/25
- Margin stability (σ 12.9%)12/25
- Moat50/100 · Moderate
- ROIC >12% years (0/9 yrs)0/25
- Median gross margin (n/a)0/25
- FCF-positive years (3/3 yrs)25/25
- Worst-year net margin (worst 33.4%)25/25
Risk Flags
- ⚠Altman Z 0.1 — distress-zone balance sheet
About PROLOGIS, INC.
Prologis was formed by the 2011 merger of AMB Property and Prologis Trust. Show more
The company develops, acquires, and operates around 1.3 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party assets under management. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
Headquarters: SAN FRANCISCO, CA · Employees: 2,802 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)28.4xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 18.8x–65.8x · 24th pct
P/FCF112.3xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.4%C
Grade C: LowLatest stored TTM FCF / Market Cap — vs own 5Y history: 4.1%–4.4% · 90th pct
P/S (TTM)13.00xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 10.5x–28.0x · 16th pct
EV/EBIT30.8xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 24.1x–58.8x · 19th pct
EV/Sales17.7xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E44.3xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.06xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.88A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.13%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio94.9%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
60BROIC4.3%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE7.2%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA4.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin45.8%A
Grade A: HighNet Income / Revenue
Operating Margin54.7%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin74.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
26ERevenue CAGR16.6%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR3.2%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-2.5%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-35.9%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+24.3%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income4.9%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue2.2%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
18EAltman Z-Score0.13D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.27xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.27xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage4.3xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT7.0xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.64xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.05xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
42D+Piotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.49A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability12.9%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.09xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
BITA CRISTINA GABRIELA Filed | BITA CRISTINA GABRIELA | Grant / award | +231 | |
BITA CRISTINA GABRIELA Filed | BITA CRISTINA GABRIELA | Grant / award | +43 | |
BITA CRISTINA GABRIELA Filed | BITA CRISTINA GABRIELA | Grant / award | +69 | |
Metcalfe Guy A Filed | Metcalfe Guy A | Grant / award | +231 | |
Metcalfe Guy A Filed | Metcalfe Guy A | Grant / award | +4 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Metcalfe Guy A Filed | Metcalfe Guy A | Grant / award | +52 | |
OCONNOR DAVID P Filed | OCONNOR DAVID P | Grant / award | +233 | |
FOTIADES GEORGE L Filed | FOTIADES GEORGE L | Grant / award | +243 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years0/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/3 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor33.4%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.43
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.85
Cash & short-term investments per share (Finnhub)
Book Value / Share$56.44
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$37.09B
Total debt obligations (short + long term)
Cash & Equiv.$1.77B
Cash and short-term investments
Net Debt$35.33B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$58.12B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$119.48B
Current Market Capitalization
Beta1.31C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: PROLOGIS, INC. (PLD)
PLD is down 0.94% at the last close. Piotroski F-Score of 4/9 indicates mixed fundamentals for PROLOGIS, INC.. Altman Z-Score of 0.13 is below the 1.81 distress threshold — an elevated financial-risk flag.
- Beneish M-Score of -2.49 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 17% annually, with net income growing about 3% per year — a strong growth profile.
- The stock currently yields 3.1% in dividends.
See how PLD ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Oct 15, 2026 | Pre-Mkt | $0.82 | — | — | $2.3B | — |
Recent Market Moves
See all PLD moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 127.21 | -2.49% | -2.07 |
| Oct 15 | After-hours | 126.94 | -2.70% | -2.25 |
| Oct 14 | Regular | 130.18 | -2.52% | -2.44 |
| Oct 12 | Regular | 131.87 | +1.83% | 2.18 |
| Oct 12 | After-hours | 132.46 | +2.29% | 2.67 |
Frequently Asked Questions about PLD
What is the current PROLOGIS, INC. (PLD) stock price?
PLD is trading at $125.75 at the last market close, down 0.94% on the session. PreMarketPrice tracks PLD pre-market, intraday and after-hours prices.
Is PLD stock a buy right now?
PreMarketPrice's quantitative model rates PROLOGIS, INC.'s financial health at 18/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is PLD stock overvalued?
PROLOGIS, INC. trades at a trailing P/E of 28.4 and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does PROLOGIS, INC. report earnings?
No confirmed earnings date is currently scheduled for PLD. The Earnings section lists recent reports and updates as dates are announced.
What sector does PROLOGIS, INC. operate in?
PROLOGIS, INC. operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does PROLOGIS, INC. do?
Prologis was formed by the 2011 merger of AMB Property and Prologis Trust.
About PROLOGIS, INC. (PLD) Stock
PROLOGIS, INC. (PLD) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, PROLOGIS, INC. is trading at $125.75, down 0.94% on the day with a market capitalization of $119.5 billion. The financial health score for PLD is 18/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for PLD stock.
PLD Stock Analysis & Key Metrics
On PreMarketPrice, you can track PROLOGIS, INC. (PLD) across multiple dimensions:
- Pre-market price & movement: Real-time PLD stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for PLD, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for PLD with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for PROLOGIS, INC. across multiple reporting periods.
- Financial health score: A composite score of 18/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for PLD.
- Sector peers: Compare PLD against 5 other real estate stocks on key financial metrics.
Is PLD a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate PROLOGIS, INC. (PLD) as an investment. The financial health score of 18/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.PROLOGIS, INC. (PLD) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.