PLDPrologis

$142.59

Is it safe?

Can PLD take a bad year?

Prologis carries $33.8B of net debt at 4.57× EBITDA: a heavy load to carry through a bad year.

$33.8B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.57×

Net debt / EBITDA · 4.41× a year ago · the load is going up

Debt / equity
0.65×

Debt / equity

Annualised volatility
26%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$34.7B
Cash and short-term investments
$861M
Net debt
$33.8B
EBITDA, trailing twelve months
$7.40B
Operating profit, trailing twelve months
$4.69B
Debt / equity
0.65×
Total debt / EBITDA
4.69×
Annualised volatilitytwo years of daily moves
26%
Worst drawdown on file
−43%
Below its 52-week high
−4.9%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.