OverviewSuggest Edit

Prologis is a real estate investment trust (REIT). Its business comprises two operating segments: Real Estate Operations and Strategic Capital. The company provides services that include warehouse leasing, property management, and investment in logistics facilities.

TypePublic
Founded1983
HQSan Francisco, CA, US
Websiteprologis.com
Employee Ratings4.3
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)1,945(+14%)
Job Openings303
Revenue (FY, 2020)$4.4 B(+34%)
Share Price (May 2022)$128.4(+4%)
Cybersecurity ratingBMore
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Key People/Management at Prologis

Hamid R. Moghadam

Hamid R. Moghadam

Chairman of the Board of Directors and Chief Executive Officer
Gary E. Anderson

Gary E. Anderson

Chief Operating Officer
Colleen McKeown

Colleen McKeown

Chief Human Resources Officer
Sineesh Keshav

Sineesh Keshav

Chief Technology Officer
Edward S. Nekritz

Edward S. Nekritz

Chief Legal Officer and General Counsel
Thomas S. Olinger

Thomas S. Olinger

Chief Financial Officer
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Prologis Office Locations

Prologis has offices in San Francisco, Atlanta, Beckett Ridge, Boston and in 71 other locations
San Francisco, CA, US (HQ)
Pier 1 Bay 1, San Francisco
Atlanta, GA, US
3475 Piedmont Rd NE #650
Beckett Ridge, OH, US
8760 Global Way, West Chester Township
Boston, MA, US
60 State St #2200
Cerritos, CA, US
17777 Center Ct Dr N Suite 600
Charlotte, NC, US
2217 Distribution Center Dr Suite C
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Prologis Financials and Metrics

Prologis Revenue

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Prologis's revenue was reported to be $4.44 b in FY, 2020 which is a 33.3% increase from the previous period.
USD

Revenue (Q3, 2021)

1.2b

Gross profit (Q3, 2021)

874.1m

Gross profit margin (Q3, 2021), %

73.9%

Net income (Q3, 2021)

797.7m

EBIT (Q3, 2021)

765.7m

Market capitalization (13-May-2022)

94.9b

Closing stock price (13-May-2022)

128.4

Cash (30-Sept-2021)

585.1m

EV

111.4b
Prologis's current market capitalization is $94.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.8b3.3b4.4b

Revenue growth, %

7%19%33%

Cost of goods sold

757.7m918.9m1.2b

Gross profit

2.0b2.4b3.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

772.1m790.4m942.2m978.2m1.3b1.1b1.1b1.2b1.2b

Cost of goods sold

226.1m218.3m244.3m274.2m313.7m291.3m327.3m290.2m309.0m

Gross profit

545.9m572.0m697.9m704.0m952.5m791.5m821.0m860.6m874.1m

Gross profit Margin, %

71%72%74%72%75%73%71%75%74%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

343.9m1.1b598.1m

Accounts Receivable

107.1m85.8m189.4m

Prepaid Expenses

108.6m109.7m138.7m

PP&E

112.2m107.5m117.7m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.8b1.7b1.6b

Depreciation and Amortization

947.2m1.1b1.6b

Cash From Operating Activities

1.8b2.3b2.9b

Capital Expenditures

(93.1m)(143.0m)(149.5m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

373.8m784.6m1.3b521.2m976.1m1.3b399.7m1.1b1.8b

Depreciation and Amortization

284.0m568.4m850.6m346.0m744.2m1.1b397.6m790.3m1.2b

Cash From Operating Activities

494.9m1.0b1.6b679.1m1.4b2.3b816.7m1.5b2.3b

Capital Expenditures

(13.6m)(42.0m)(89.1m)(13.6m)(51.5m)(91.4m)(8.1m)(41.1m)(98.9m)
USDFY, 2018

Revenue/Employee

1.7m

Debt/Equity

0.4 x

Debt/Assets

0.3 x

Financial Leverage

1.5 x
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Prologis Operating Metrics

Prologis's Properties was reported to be 4.7 k in Q3, 2021. Prologis's Assets Under Management was reported to be $176.6b in Q3, 2021. Prologis's Customers was reported to be 5.5 k in Q3, 2021.
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Prologis Acquisitions / Subsidiaries

Company NameDateDeal Size
Liberty Property TrustFebruary 04, 2020$13 b
Industrial Property TrustJanuary 08, 2020$4 b
DCT IndustrialAugust 22, 2018$8.5 b
KTR Capital PartnersMay 29, 2015$5.8 b
AMB Asia LLC
AMB HFC LP
DCT Industrial TRS Inc.
DCT Industrial Value Fund I, Inc.
IMD Holding Corporation
Liberty L.P.
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Prologis Revenue Breakdown

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Prologis revenue breakdown by business segment: 14.4% from Strategic Capital and 85.6% from Real Estate Operations

Prologis revenue breakdown by geographic segment: 8.0% from U.S. (Strategic Capital), 81.1% from U.S. (Real Estate Operations) and 10.9% from Other

Human Capital Metrics

Prologis's employees are reported to be approximately 52% female and 48% male.
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Prologis Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Prologis Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Prologis Online and Social Media Presence

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Prologis Company Culture

  • Overall Culture

    A

    80/100

  • CEO Rating

    B+

    74/100

  • Compensation

    A+

    93/100

  • Diversity

    A-

    80/100

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Prologis News and Updates

Prologis Awarded Inaugural Terra Carta Seal by HRH The Prince of Wales

SAN FRANCISCO, Nov. 3, 2021 /PRNewswire/ -- Prologis, Inc., (NYSE: PLD), the global leader in logistics real estate, has been recognized by HRH The Prince of Wales for its enduring commitment to building a sustainable future. Launched today by The Prince of Wales' Sustainable Markets...

Prologis stock jumps after earnings beat expectations, amid record increases in market rents

Shares of Prologis Inc. rallied 1.7% toward a fifth straight gain Friday, after the real estate investment trust focused leasing logistics facilities reported third-quarter earnings that rose above expectations, and boosted its full-year outlook, amid record increases in market rents and valuations…

FIBRA Prologis Announces Changes in the Technical Committee

MEXICO CITY, June 9, 2021 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, announced today that Gimena Peña Malcampo has been appointed as a new independent member of the Technical Committee. In another matter,...

Prologis beats profit expectations, raises guidance on continuing 'robust demand'

Shares of Prologis Inc. rose 0.4% in premarket trading Monday, after the provider of real estate investment trust services reported first-quarter profit that beat expectations, and raised its full-year outlook, citing continued historically "robust demand." Net earnings fell to $366 million, or 49 …

FIBRA Prologis Advances with its Asset Recycling Strategy

MEXICO CITY, Feb. 22, 2021 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, today announced the completion of two asset recycling transactions. In the Mexico City submarket of Toluca, the company acquired three...

FIBRA Prologis Announces Fourth Quarter and Full Year 2020 Earnings Results

MEXICO CITY, Jan. 27, 2021 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the fourth quarter and full year 2020. HIGHLIGHTS FROM THE YEAR: Leases commenced were 12.5 million square feet...
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Prologis Frequently Asked Questions

  • When was Prologis founded?

    Prologis was founded in 1983.

  • Who are Prologis key executives?

    Prologis's key executives are Hamid R. Moghadam, Gary E. Anderson and Colleen McKeown.

  • How many employees does Prologis have?

    Prologis has 1,945 employees.

  • What is Prologis revenue?

    Latest Prologis annual revenue is $4.4 b.

  • What is Prologis revenue per employee?

    Latest Prologis revenue per employee is $2.3 m.

  • Who are Prologis competitors?

    Competitors of Prologis include The Macerich Company, Aimco and SL Green Realty.

  • Where is Prologis headquarters?

    Prologis headquarters is located at Pier 1 Bay 1, San Francisco, San Francisco.

  • Where are Prologis offices?

    Prologis has offices in San Francisco, Atlanta, Beckett Ridge, Boston and in 71 other locations.

  • How many offices does Prologis have?

    Prologis has 75 offices.