← Prologis, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $807.3m | $447.0m | $343.9m | $1.1b | $598.1m | $556.1m | $278.5m | $530.4m | $1.3b | $1.1b | |
| Accounts Receivable | $110.9m | $85.1m | $107.1m | $85.8m | $189.4m | $424.2m | $378.0m | $325.7m | $407.5m | $601.3m | |
| Accounts Receivable, after Allowance for Credit Loss | $110.9m | $85.1m | $107.1m | $85.8m | $189.4m | $424.2m | $378.0m | $325.7m | $407.5m | $601.3m | |
| Cash and cash equivalents | $807.3m | $447.0m | $343.9m | $1.1b | $598.1m | $556.1m | $278.5m | $530.4m | $1.3b | $1.1b | |
| Property, Plant and Equipment, Net | — | — | — | $107.5m | $117.7m | $118.0m | $119.9m | $208.0m | $212.3m | $221.7m | |
| Operating Lease, Right-of-Use Asset | — | — | $400.0m | $486.3m | $492.8m | $459.4m | $735.4m | $683.7m | $707.8m | $671.7m | |
| Other assets | $1.5b | $1.4b | $1.8b | $1.7b | $2.5b | $3.3b | $4.8b | $4.7b | $5.2b | $5.9b | |
| Additional Financial Items | |||||||||||
| Investments in real estate properties | $27.1b | $25.8b | $34.6b | $35.2b | $50.4b | $53.0b | $81.6b | $88.7b | $91.2b | $95.1b | |
| Less accumulated depreciation | $3.8b | $4.1b | $4.7b | $5.4b | $6.5b | $7.7b | $9.0b | $10.9b | $12.8b | $14.7b | |
| Net investments in real estate properties | $23.4b | $21.8b | $29.9b | $29.8b | $43.8b | $45.3b | $72.6b | $77.7b | $78.5b | $80.4b | |
| Investments in and advances to unconsolidated entities | $4.2b | $5.5b | $5.7b | $6.2b | $7.6b | $8.6b | $9.7b | $9.5b | $10.1b | $11.1b | |
| Assets held for sale or contribution | $322.1m | $342.1m | $622.3m | $720.7m | $1.1b | $669.7m | $531.3m | $461.7m | $248.5m | $203.3m | |
| Net investments in real estate | $27.9b | $27.7b | $36.3b | $36.7b | $52.5b | $54.6b | $82.8b | $87.7b | $88.8b | $91.7b | |
| Debt | $10.6b | $9.4b | $11.1b | $11.9b | $16.8b | $17.7b | $23.9b | $29.0b | $30.9b | $35.0b | |
| Other liabilities | $627.3m | $659.9m | $766.4m | $877.6m | $1.3b | $1.8b | $4.4b | $4.4b | $4.1b | $4.0b | |
| Distributions in excess of net earnings | ($3.6b) | ($2.9b) | ($2.4b) | ($2.2b) | ($2.4b) | ($1.3b) | ($457.7m) | ($627.1m) | ($465.9m) | ($902.4m) | |
| Total Prologis, Inc. stockholders’ equity | $15.0b | $15.6b | $22.3b | $22.7b | $32.0b | $33.4b | $53.2b | $53.2b | $54.0b | $53.2b | |
| Total equity | $18.5b | $18.7b | $25.8b | $26.1b | $36.3b | $37.7b | $57.9b | $57.8b | $58.6b | $57.8b | |
| Total partners’ capital | $15.4b | $16.0b | $23.0b | $23.3b | $32.8b | $34.3b | $54.5b | $54.5b | $55.3b | $54.4b | |
| Total capital | $18.5b | $18.7b | $25.8b | $26.1b | $36.3b | $37.7b | $57.9b | $57.8b | $58.6b | $57.8b | |
| Assets | $30.2b | $29.5b | $38.4b | $40.0b | $56.1b | $58.5b | $87.9b | $93.0b | $95.3b | $98.7b | |
| Total assets | $30.2b | $29.5b | $38.4b | $40.0b | $56.1b | $58.5b | $87.9b | $93.0b | $95.3b | $98.7b | |
| LIABILITIES AND EQUITY | |||||||||||
| Accounts payable and accrued expenses | $556.2m | $702.8m | $760.5m | $705.0m | $1.1b | $1.3b | $1.7b | $1.8b | $1.8b | $2.0b | |
| Deferred Income Tax Liabilities, Net | — | $57.0m | $59.8m | $65.7m | $86.2m | $105.5m | $99.8m | $118.7m | $141.1m | $156.0m | |
| Long-term Debt | $10.6b | $9.4b | $11.1b | $11.9b | $16.8b | $17.7b | $23.9b | $29.0b | $30.9b | $35.0b | |
| Deferred Tax Liabilities, Net | $78.8m | $40.5m | $48.0m | $58.1m | $59.3m | $66.1m | $94.0m | $117.5m | $137.9m | $148.3m | |
| Liabilities | $11.8b | $10.8b | $12.6b | $14.0b | $19.7b | $20.7b | $30.0b | $35.2b | $36.7b | $41.0b | |
| Total liabilities | $11.8b | $10.8b | $12.6b | $14.0b | $19.7b | $20.7b | $30.0b | $35.2b | $36.7b | $41.0b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $78.2m | $68.9m | $68.9m | $68.9m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | |
| Common Stock, Value, Issued | $5.3m | $5.3m | $6.3m | $6.3m | $7.4m | $7.4m | $9.2m | $9.2m | $9.3m | $9.3m | |
| Additional Paid in Capital | $19.5b | $19.4b | $25.7b | $25.7b | $35.5b | $35.6b | $54.1b | $54.2b | $54.5b | $54.7b | |
| Retained Earnings (Accumulated Deficit) | ($3.6b) | ($2.9b) | ($2.4b) | ($2.2b) | ($2.4b) | ($1.3b) | ($457.7m) | ($627.1m) | ($465.9m) | ($902.4m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($937.5m) | ($901.7m) | ($1.1b) | ($990.4m) | ($1.2b) | ($878.3m) | ($443.6m) | ($514.2m) | ($120.2m) | ($676.3m) | |
| Common stock; $0.01 par value; 929,153 and 926,283 shares issued and outstanding at December 31, 2025 and 2024, respectively | 5.3m | 5.3m | 6.3m | 6.3m | 7.4m | 7.4m | 9.2m | 9.2m | 9.3m | 9.3m | |
| Accumulated other comprehensive loss | ($937.5m) | ($901.7m) | ($1.1b) | ($990.4m) | ($1.2b) | ($878.3m) | ($443.6m) | ($514.2m) | ($120.2m) | ($676.3m) | |
| Stockholders' Equity Attributable to Parent | $15.0b | $15.6b | $22.3b | $22.7b | $32.0b | $33.4b | $53.2b | $53.2b | $54.0b | $53.2b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $3.5b | $3.1b | $3.5b | $3.4b | $4.4b | $4.3b | $4.6b | $4.6b | $4.7b | $4.6b | |
| Noncontrolling interests | $3.5b | $3.1b | $3.5b | $3.4b | $4.4b | $4.3b | $4.6b | $4.6b | $4.7b | $4.6b | |
| Liabilities and Equity | $30.2b | $29.5b | $38.4b | $40.0b | $56.1b | $58.5b | — | $93.0b | $95.3b | $98.7b | |
| Total liabilities and equity | $30.2b | $29.5b | $38.4b | $40.0b | $56.1b | $58.5b | $87.9b | $93.0b | $95.3b | $98.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.