PLDPrologis, Inc.
Real Estate Investment Trusts
- Revenue
- $8.8B
- 7.2% YoY
- Operating margin
- 49.6%
- 7.9% YoY
- EBITDA
- $7.0B
- 0.2% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.8×
- $33.8B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear150% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear75% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $4.8B | $6.0B | $8.0B | $8.2B | $8.8B | 7.2% |
| Operating income | $3.2B | $3.5B | $3.7B | $4.4B | $4.4B | 1.3% |
| Net income | $2.9B | $3.4B | $3.1B | $3.7B | $3.3B | 11% |
| Operating cash flow | $3.0B | $4.1B | $5.4B | $4.9B | $5.0B | 2.0% |
| Stock-based comp | $113M | $175M | $268M | $232M | $185M | 20% |
| Dividends | $1.9B | $2.5B | $3.2B | $3.6B | $3.8B | 5.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.