Prologis (PLD) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$0.79

$0.77$0.83

vs $0.60+33.2%

4 analysts

Next Qtr

$0.76

$0.68$0.81

vs $0.80-4.3%

4 analysts

Current Yr

$2.87

$2.39$3.36

vs $3.48-17.3%

2 analysts

Next Yr

$3.40

$2.67$3.88

vs $2.87+18.2%

5 analysts

Revenue Estimates

Current Qtr

$2.16B

$2.15B$2.19B

vs $2.03B+6.8%

9 analysts

Next Qtr

$2.19B

$2.16B$2.23B

vs $2.05B+6.5%

8 analysts

Current Yr

$8.69B

$8.62B$8.81B

vs $8.16B+6.5%

9 analysts

Next Yr

$9.23B

$9.04B$9.53B

vs $8.69B+6.2%

9 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for PLD on EDGAR.

PLD filing events and research context
Filed	Item	Context
Apr 30, 2026	other	Prologis stockholders voted on director elections, executive compensation, and auditor ratification at the annual meeting.
Apr 27, 2026	debt_offering	Prologis, L.P. priced C$850 million of 4.250% Notes due 2034.
Apr 23, 2026	debt_offering	Prologis, L.P. priced a $1.25 billion offering of 4.250% Notes due 2031 and 4.900% Notes due 2036.
Apr 16, 2026	Guidance: acquisitions_owned_managed	2000.00 to 3000.00
Apr 16, 2026	Guidance: acquisitions_prologis_share	1000.00 to 1500.00
Apr 16, 2026	Guidance: average_occupancy_prologis_share	95.00 to 95.75
Apr 30, 2026	mda_quarterly	Prologis, a global leader in logistics real estate, reported strong first-quarter 2026 results, driven by robust demand and significant embedded rent growth. The company operates in high-barrier, high-growth markets across 20 countries, focusing on optimizing supply chains for e-commerce and resiliency, and strategically expanding into data center development. Occupancy in its Owned & Managed (O&M) portfolio remained high at 95.3%. Rent change on lease rollovers was 31.9% on a net effective basis, with an estimated 17% mark-to-market remaining on in-place leases, signaling substantial future organic Net Operating Income (NOI) growth. The Real Estate segment's NOI increased to $1,607 million from $1,501 million year-over-year. Development activity accelerated, with $1.6 billion in Total Expected Investment (TEI) commenced, including $1.3 billion for data centers, leveraging a land bank with $36.3 billion in potential TEI. The Strategic Capital segment, generating fee income from co-investment ventures, saw revenues rise to $161 million. Prologis maintains a strong balance sheet with $6.7 billion in available liquidity and a weighted average debt term of 8 years at a 3.2% interest rate. Core FFO for the quarter increased to $1,440 million from $1,356 million.
Feb 13, 2026	business	Prologis is a global leader in logistics real estate, operating as a self-managed REIT across 20 countries in high-barrier, high-growth markets. The company owns, manages, and develops high-quality logistics facilities, including selective data center development, strategically located near end consumers. Its business comprises two segments: Real Estate and Strategic Capital. The Real Estate segment, generating 90-95% of revenues, focuses on rental income from a diversified lease portfolio with fixed or inflation-linked escalations, and profitable development activities. A significant 18% mark-to-market upside on in-place leases is expected to drive future organic NOI growth. The Strategic Capital segment, contributing 5-10% of revenues, partners with institutional investors through co-investment ventures, generating asset and property management fees and promote revenues, while mitigating foreign currency exposure. Demand is driven by e-commerce penetration, global consumption, and the need for efficient, modern supply chain infrastructure. Prologis leverages its 1.3 billion square foot portfolio, strategic locations, and Prologis Essentials platform, which offers operational, energy, and sustainability solutions, including 1.1 GW of solar capacity. A strong balance sheet with low leverage and $7.6 billion in liquidity supports its growth. Key risks include competition from fragmented ownership and potential impacts on occupancy and rents from economic uncertainty or new supply. Its diverse customer base includes major global logistics users like Amazon and Home Depot.

Filed

Item

Context

Apr 30, 2026

other

Prologis stockholders voted on director elections, executive compensation, and auditor ratification at the annual meeting.

Apr 27, 2026

debt_offering

Prologis, L.P. priced C$850 million of 4.250% Notes due 2034.

Apr 23, 2026

debt_offering

Prologis, L.P. priced a $1.25 billion offering of 4.250% Notes due 2031 and 4.900% Notes due 2036.

Apr 16, 2026

Guidance: acquisitions_owned_managed

2000.00 to 3000.00

Apr 16, 2026

Guidance: acquisitions_prologis_share

1000.00 to 1500.00

Apr 16, 2026

Guidance: average_occupancy_prologis_share

95.00 to 95.75

Apr 30, 2026

mda_quarterly

Prologis, a global leader in logistics real estate, reported strong first-quarter 2026 results, driven by robust demand and significant embedded rent growth. The company operates in high-barrier, high-growth markets across 20 countries, focusing on optimizing supply chains for e-commerce and resiliency, and strategically expanding into data center development. Occupancy in its Owned & Managed (O&M) portfolio remained high at 95.3%. Rent change on lease rollovers was 31.9% on a net effective basis, with an estimated 17% mark-to-market remaining on in-place leases, signaling substantial future organic Net Operating Income (NOI) growth. The Real Estate segment's NOI increased to $1,607 million from $1,501 million year-over-year. Development activity accelerated, with $1.6 billion in Total Expected Investment (TEI) commenced, including $1.3 billion for data centers, leveraging a land bank with $36.3 billion in potential TEI. The Strategic Capital segment, generating fee income from co-investment ventures, saw revenues rise to $161 million. Prologis maintains a strong balance sheet with $6.7 billion in available liquidity and a weighted average debt term of 8 years at a 3.2% interest rate. Core FFO for the quarter increased to $1,440 million from $1,356 million.

Feb 13, 2026

business

Prologis is a global leader in logistics real estate, operating as a self-managed REIT across 20 countries in high-barrier, high-growth markets. The company owns, manages, and develops high-quality logistics facilities, including selective data center development, strategically located near end consumers. Its business comprises two segments: Real Estate and Strategic Capital. The Real Estate segment, generating 90-95% of revenues, focuses on rental income from a diversified lease portfolio with fixed or inflation-linked escalations, and profitable development activities. A significant 18% mark-to-market upside on in-place leases is expected to drive future organic NOI growth. The Strategic Capital segment, contributing 5-10% of revenues, partners with institutional investors through co-investment ventures, generating asset and property management fees and promote revenues, while mitigating foreign currency exposure. Demand is driven by e-commerce penetration, global consumption, and the need for efficient, modern supply chain infrastructure. Prologis leverages its 1.3 billion square foot portfolio, strategic locations, and Prologis Essentials platform, which offers operational, energy, and sustainability solutions, including 1.1 GW of solar capacity. A strong balance sheet with low leverage and $7.6 billion in liquidity supports its growth. Key risks include competition from fragmented ownership and potential impacts on occupancy and rents from economic uncertainty or new supply. Its diverse customer base includes major global logistics users like Amazon and Home Depot.

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PLD filing events and research context

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