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Prologis, Inc. (PLDGP) Stock Fundamental Analysis & AI Rating 2026

PLDGP NYSE Real Estate Investment Trusts MD CIK: 0001045609
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
HOLD
72% Conf
Pending
Analysis scheduled

📊 PLDGP Key Takeaways

Revenue: $8.8B
Net Margin: 37.9%
Free Cash Flow: $5.0B
Current Ratio: N/A
Debt/Equity: 0.66x
EPS: $3.56
AI Rating: HOLD with 72% confidence
Prologis, Inc. (PLDGP) receives a HOLD rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $8.8B, net profit margin of 37.9%, and return on equity (ROE) of 6.3%, Prologis, Inc. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete PLDGP stock analysis for 2026.

Is Prologis, Inc. (PLDGP) a Good Investment?

Claude

Prologis demonstrates strong operational fundamentals with exceptional margins (49.6% operating, 37.9% net) and robust free cash flow generation ($5.0B at 57% FCF margin). However, shareholder returns are deteriorating with EPS declining 11.2% YoY despite 7.2% revenue growth, and ROE of 6.3% is weak for a leveraged REIT, signaling suboptimal capital efficiency.

Why Buy Prologis, Inc. Stock? PLDGP Key Strengths

Claude
  • + Exceptional operating margins (49.6%) and net margins (37.9%) demonstrate strong pricing power and operational leverage in its logistics/industrial property portfolio
  • + Substantial free cash flow generation ($5.0B) with 57% FCF margin provides reliable cash for dividend distributions and debt management
  • + Moderate leverage (0.66x debt-to-equity) maintains financial flexibility despite $35B debt level, supporting long-term capital structure stability

PLDGP Stock Risks: Prologis, Inc. Investment Risks

Claude
  • ! Shareholder returns are contracting: EPS declined 11.2% YoY while revenue grew 7.2%, indicating dilution and/or rising non-operating expenses eroding investor value
  • ! Weak return on equity (6.3%) and ROA (3.4%) suggest capital is not being deployed with sufficient efficiency relative to the cost of that capital
  • ! High absolute debt level ($35.0B) with modest interest coverage (4.3x) leaves limited headroom for rising rates or tenant defaults; refinancing risk if conditions deteriorate

Key Metrics to Watch

Claude
  • * EPS trend reversal—currently declining despite revenue growth; must stabilize and grow to validate operational leverage
  • * Return on equity expansion—6.3% is below REIT peer expectations; track capital allocation efficiency and asset turnover
  • * Interest coverage ratio maintenance—monitor against rising debt service amid potential rate increases or occupancy stress

Prologis, Inc. (PLDGP) Financial Metrics & Key Ratios

Revenue
$8.8B
Net Income
$3.3B
EPS (Diluted)
$3.56
Free Cash Flow
$5.0B
Total Assets
$98.7B
Cash Position
$1.1B

💡 AI Analyst Insight

The 57.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

PLDGP Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 49.6%
Net Margin 37.9%
ROE 6.3%
ROA 3.4%
FCF Margin 57.0%

PLDGP vs Real Estate Sector: How Prologis, Inc. Compares

How Prologis, Inc. compares to Real Estate sector averages

Net Margin
PLDGP 37.9%
vs
Sector Avg 20.0%
PLDGP Sector
ROE
PLDGP 6.3%
vs
Sector Avg 8.0%
PLDGP Sector
Current Ratio
PLDGP 0.0x
vs
Sector Avg 1.5x
PLDGP Sector
Debt/Equity
PLDGP 0.7x
vs
Sector Avg 1.5x
PLDGP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Prologis, Inc. Stock Overvalued? PLDGP Valuation Analysis 2026

Based on fundamental analysis, Prologis, Inc. appears fundamentally strong relative to the Real Estate sector in 2026.

Return on Equity
6.3%
Sector avg: 8%
Net Profit Margin
37.9%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.66x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Prologis, Inc. Balance Sheet: PLDGP Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.66x
Debt/Assets
41.5%
Interest Coverage
4.35x
Long-term Debt
$35.0B

PLDGP Revenue & Earnings Growth: 5-Year Financial Trend

PLDGP 5-year financial data: Year 2021: Revenue $4.8B, Net Income $1.6B, EPS $2.46. Year 2022: Revenue $6.0B, Net Income $1.5B, EPS $2.01. Year 2023: Revenue $8.0B, Net Income $2.9B, EPS $3.94. Year 2024: Revenue $8.2B, Net Income $3.4B, EPS $4.25. Year 2025: Revenue $8.8B, Net Income $3.1B, EPS $3.29.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Prologis, Inc.'s revenue has grown significantly by 85% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.29 reflects profitable operations.

PLDGP Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
57.0%
Free cash flow / Revenue

PLDGP Quarterly Earnings & Performance

Quarterly financial performance data for Prologis, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $2.0B $764.3M $0.82
Q2 2025 $2.0B $571.2M $0.61
Q1 2025 $2.0B $585.7M $0.63
Q3 2024 $1.9B $747.6M $0.80
Q2 2024 $2.0B $861.3M $0.92
Q1 2024 $1.8B $464.6M $0.50
Q3 2023 $1.8B $747.6M $0.80
Q2 2023 $1.3B $611.4M $0.82

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Prologis, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$5.0B
Cash generated from operations
Dividends Paid
$3.8B
Returned to shareholders

PLDGP SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Prologis, Inc. (CIK: 0001045609)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about PLDGP

What is the AI rating for PLDGP?

Prologis, Inc. (PLDGP) has an AI rating of HOLD with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PLDGP's key strengths?

Claude: Exceptional operating margins (49.6%) and net margins (37.9%) demonstrate strong pricing power and operational leverage in its logistics/industrial property portfolio. Substantial free cash flow generation ($5.0B) with 57% FCF margin provides reliable cash for dividend distributions and debt management.

What are the risks of investing in PLDGP?

Claude: Shareholder returns are contracting: EPS declined 11.2% YoY while revenue grew 7.2%, indicating dilution and/or rising non-operating expenses eroding investor value. Weak return on equity (6.3%) and ROA (3.4%) suggest capital is not being deployed with sufficient efficiency relative to the cost of that capital.

What is PLDGP's revenue and growth?

Prologis, Inc. reported revenue of $8.8B.

Does PLDGP pay dividends?

Prologis, Inc. pays dividends, with $3,764.7M distributed to shareholders in the trailing twelve months.

Where can I find PLDGP SEC filings?

Official SEC filings for Prologis, Inc. (CIK: 0001045609) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PLDGP's EPS?

Prologis, Inc. has a diluted EPS of $3.56.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PLDGP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Prologis, Inc. has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PLDGP stock overvalued or undervalued?

Valuation metrics for PLDGP: ROE of 6.3% (sector avg: 8%), net margin of 37.9% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy PLDGP stock in 2026?

Our dual AI analysis gives Prologis, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is PLDGP's free cash flow?

Prologis, Inc.'s operating cash flow is $5.0B, with capital expenditures of N/A. FCF margin is 57.0%.

How does PLDGP compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 37.9% (avg: 20%), ROE 6.3% (avg: 8%), current ratio N/A (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI