QualityDipStocks / Real Estate · REITs
Prologis PLD
Outside our quality screen, so we don’t track its dips. It’s 15% below its 52-week high.
Outside our quality screen. No fair value estimate for now: there isn’t enough data.
- Fair value est.
- n/a
- Market Value
- $126.58price +1%
- Off 52-wk high
- −15%
- Risk vs market
- Lowbeta 0.38
4 bullish · 5 bearish See why
Key levels
Every level vs today’s $127.98
- 52-wk lowlowest close, 1 year$122.40−4.4%
- Market Valueavg paid since Oct 15$126.58−1.1%
- PriceFri Oct 30 close$127.98you are here
- 52-wk highhighest close, 1 year$150.06+17.3%
Fair value estimate
No estimate for PLD: Capital spending isn't tagged for the latest period in SEC XBRL data. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much PLD moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 1.6× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.38
- Volatility
- 21% vs 13% SPY
- Correlation SPY
- 0.24
- Correlation QQQ
- 0.07
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
GrowthSales compounded 14% a year from FY2022 to FY2025.
ProfitabilityOperating margin widened to 49.6% in FY2025 from 46.2% in FY2023 (SEC filings).
Cash returnsDividend yield of 3.3% ($4.0B paid over 12 months, 93% of earnings).
Balance sheetDebt / equity of 0.7×, below the 0.9× median for the 26 Real Estate companies we cover.
Top bearish points 5 of 5
ProfitabilityReturn on invested capital of 5%, below the 9.5% discount rate our DCF uses.
ProfitabilityReturn on equity is only 8% over the last 12 months.
GrowthDiluted EPS fell 11% to $3.56 in FY2025.
Cash returnsDividends take 93% of earnings ($4.0B paid over 12 months), leaving little to reinvest or raise the payout.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%; net debt 4.0× EBITDA (limit 3×).
Who’s talking about it
Notable investors, executives, analysts and public figures on Prologis in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in REITs
All fundamentals
P/E 28.6 · ROE 8% · Sales +7%
Valuation
- P/E
- 28.6×Real Estate median 28.7×
- Price / FCF
- n/anot reported in its SEC filings
- FCF yield
- n/anot reported in its SEC filings
- EV / EBITDA
- 19.6×
- Price / sales
- 13.00×
- Price / book
- 2.18×
- Market cap
- $122Blisted
- Enterprise value
- $155B
Growth
- Revenue, 12 months
- $9.4B
- Sales growth, 12 months
- +7.2%vs the 12 months before
- Sales growth, 3 yrs
- +13.7%/yrfrom FY2022
- Diluted EPS, 12 months
- n/anot reported in its SEC filings
- EPS growth, last FY
- −11.2%
- Net income, 12 months
- $4.3B
- Net income growth
- +33%12 months vs before
Profitability
- Gross margin
- n/agross profit isn't reported (common for service and financial companies)
- Operating margin
- 54.8%
- Net margin
- 45.4%
- FCF margin
- n/anot reported in its SEC filings
- Return on equity
- 8%
- Return on invested capital
- 5%
Balance sheet
- Cash & short-term inv.
- $3.3B
- Total debt
- $36.8B
- Net cash
- −$33.6B
- Debt / equity
- 0.66×
- Interest coverage
- 4.8×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- n/anot reported in its SEC filings
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 3.26%$4.0B paid
- Payout ratio
- 93%
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +1.2%diluted shares vs a year ago
- Stock-based comp
- $210M
Trailing 12 months to Sep 30, 2026; balance sheet at Sep 30, 2026. From Prologis’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
MV $126.58 · FCF value $145.91
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 46 · 5 days +1.2%
The business
FCF $5.5B · Sales +8%
- Free cash flow, 12 months$5.5B
- Free-cash-flow yield4.6%
- Free-cash-flow margin59%
- Gross margin74%
- Operating margin38%
- Return on invested capital3%
- Return on equity8%
- Sales growth (latest quarter vs year-ago quarter)+8%
- Net debt / EBITDA4.0×
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
PLD is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.