Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world.
![Prologis logo](/files/LOGO/1045609-PLD.png)
Company profile
Ticker
PLD, PLDGP
Exchange
Website
CEO
Hamid Moghadam
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
AMB PROPERTY CORP
SEC CIK
Corporate docs
Subsidiaries
Entities that engage in real estate operations • PLD GBP Finance LP • Liberty Property Trust UK Ltd • Prologis California Inc. • Prologis Management LLC • Prologis de Mexico S.A. de C.V. • Prologis Directorship BV • Prologis Directorship II BV • Prologis Directorship Sarl • Prologis UK Financial Services Limited ...
IRS number
943281941
PLD stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
26 Jul 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
23 Jul 24
8-K
Prologis Supplemental Information Second quarter 2024 Unaudited Prologis Port Crossing Commerce Center, Houston, Texas
17 Jul 24
S-8
Registration of securities for employees
18 Jun 24
8-K
Prologis’ Nekritz and Mckeown to Retire; New Clo and Chro Announced
22 May 24
8-K
Amendments to Articles of Incorporation or Bylaws
14 May 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
7 May 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Prologis Supplemental Information FIRST quarter 2024 Unaudited Prologis Park Koga 4, Koga City, Ibaraki, Japan
17 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Mar 24
Transcripts
PLD
Earnings call transcript
2024 Q2
17 Jul 24
PLD
Earnings call transcript
2024 Q1
17 Apr 24
PLD
Earnings call transcript
2023 Q4
17 Jan 24
PLD
Earnings call transcript
2023 Q3
17 Oct 23
PLD
Earnings call transcript
2023 Q2
18 Jul 23
PLD
Earnings call transcript
2022 Q4
18 Apr 23
PLD
Earnings call transcript
2022 Q4
18 Jan 23
PLD
Earnings call transcript
2021 Q2
19 Jul 21
PLD
Earnings call transcript
2021 Q2
19 Jul 21
PLD
Earnings call transcript
2021 Q1
19 Apr 21
Financial summary
Quarter (USD) | Mar 24 | Sep 23 | Jun 23 | Mar 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 500.59 mm | 500.59 mm | 500.59 mm | 500.59 mm | 500.59 mm | 500.59 mm |
Cash burn (monthly) | 80.08 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 309.67 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 190.92 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 2.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
90.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1396 |
Opened positions | 334 |
Closed positions | 140 |
Increased positions | 496 |
Reduced positions | 392 |
13F shares | Current |
---|---|
Total value | 97.24 tn |
Total shares | 838.40 mm |
Total puts | 1.14 mm |
Total calls | 1.64 mm |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 120.95 mm | $15.75 tn |
BLK Blackrock | 95.55 mm | $12.44 tn |
STT State Street | 57.45 mm | $7.48 tn |
JPM JPMorgan Chase & Co. | 36.26 mm | $4.72 tn |
CNS Cohen & Steers | 28.79 mm | $3.75 bn |
Geode Capital Management | 20.15 mm | $2.62 tn |
BAC Bank Of America | 19.77 mm | $2.57 tn |
APG Asset Management US | 19.73 mm | $2.52 tn |
MS Morgan Stanley | 18.97 mm | $2.47 tn |
FMR | 16.62 mm | $2.16 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 24 | Bita Cristina Gabriela | Phantom Shares - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 267 | 0.00 | 3,973.441 |
28 Jun 24 | Bita Cristina Gabriela | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 25.294 | 0.00 | 3,706.441 |
28 Jun 24 | Bita Cristina Gabriela | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 46.987 | 0.00 | 5,543.975 |
28 Jun 24 | Connor James B. | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 33.621 | 0.00 | 3,966.954 |
28 Jun 24 | George L Fotiades | Dividend Equivalent Units Common Stock | Grant | Acquire A | No | No | 0 | 233.259 | 0.00 | 27,522.168 |
28 Jun 24 | George L Fotiades | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 123.148 | 0.00 | 14,530.244 |
28 Jun 24 | George L Fotiades | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 362.832 | 0.00 | 42,810.353 |
28 Jun 24 | George L Fotiades | Dividend Equivalent Units Common Stock | Grant | Acquire A | No | No | 0 | 186.964 | 0.00 | 22,059.751 |
28 Jun 24 | Kennard Lydia H | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 46.987 | 0.00 | 5,543.975 |
28 Jun 24 | Lyons Irving F Iii | Dividend Equivalent Units - NQDC Common Stock | Grant | Acquire A | No | No | 0 | 244.928 | 0.00 | 28,898.899 |
News
Goldman Sachs Maintains Buy on Prologis, Raises Price Target to $156
25 Jul 24
Here's How Much $100 Invested In Prologis 15 Years Ago Would Be Worth Today
23 Jul 24
Argus Research Maintains Buy on Prologis, Raises Price Target to $135
23 Jul 24
Evercore ISI Group Maintains In-Line on Prologis, Raises Price Target to $123
18 Jul 24
Why Industrial REIT Prologis Shares Are Trading Higher Today
17 Jul 24
Press releases
Prologis Reports Second Quarter Results
17 Jul 24
Prologis to Participate in Industry Conferences in New York City
28 May 24
PERFORMANCE TEAM - A MAERSK COMPANY & PROLOGIS LAUNCH NEW EV TRUCK CHARGING DEPOT, POWERED BY NATION'S LARGEST EV TRUCK MICROGRID
23 May 24
PROLOGIS' NEKRITZ AND MCKEOWN TO RETIRE; NEW CLO AND CHRO ANNOUNCED
22 May 24
Prologis Declares Quarterly Dividend
9 May 24