PLDPrologis

$129.50+15% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though operating margin narrowing (−2.2 points).

1 to watch, 2 neutral
Revenue trend+7% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +14% a year.

Earnings trend−1% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing slower than revenue, so the growth is costing something.

Margin direction−2.2 points operating

Trailing-twelve-month operating margin, 52.3% now against 54.5% a year earlier.

All from SEC EDGAR, as of Mar 31, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is PLD growing?

Prologis has grown revenue 14% a year over three years and 15% a year over five, with earnings per share compounding at −5.7%.

+14%

Revenue growth, 3-year annual rate · REIT - Industrial median +5.0% · steady growth, ahead of inflation · compounded from fiscal-year columns as filed

Revenue growth, 5-year rate
+15%

Revenue growth, 5-year rate · +14% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
−5.7%

Earnings per share, 3-year rate · revenue +14% · earnings lagged revenue: the growth is costing something

Years of annual history on file
17

Years of annual history on file · FY2009 to FY2025, as filed

Details›
Revenue FY2021
$4.76B
Revenue FY2022
$5.97B
Revenue FY2023
$8.02B
Revenue FY2024
$8.20B
Revenue FY2025
$8.79B

Annual income statements as filed with the SEC.