Free Cash Flow for Prologis (PLD)
Free Cash Flow for Prologis (PLD): headline value $5.01B · YoY +2.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PLD
Currently viewingFree Cash FlowSwitch metric
Latest period
$5.01B
YoY change
+2.0%
5Y CAGR
+24.3%
Peak year (2023)
$5.37B
Latest annual
$5.01B
Free Cash Flow history chart for Prologis (PLD) from 1997 to 2025
Free Cash Flow history table for Prologis (PLD) from 1997 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $5.01B | +2.0% | ||
| 2024 | $4.91B | -8.6% | ||
| 2023 | $5.37B | +50.3% | ||
| 2022 | $3.58B | +43.2% | ||
| 2021 | $2.50B | +47.9% | ||
| 2020 | $1.69B | -13.0% | ||
| 2019 | $1.94B | +118.7% | ||
| 2018 | $887.86M | -43.7% | ||
| 2017 | $1.58B | +19.9% | ||
| 2016 | $1.32B | +49.5% | ||
| 2015 | $880.06M | +40.6% | ||
| 2014 | $625.92M | +55.6% | ||
| 2013 | $402.38M | +5.1% | ||
| 2012 | $382.88M | -143.8% | ||
| 2011 | -$874.43M | +4237.7% | ||
| 2010 | -$20.16M | -87.4% | ||
| 2009 | -$160.07M | -82.5% | ||
| 2008 | -$915.35M | -18.1% | ||
| 2007 | -$1.12B | -2.8% | ||
| 2006 | -$1.15B | +45.4% | ||
| 2005 | -$790.83M | +12.7% | ||
| 2004 | -$701.82M | +43.3% | ||
| 2003 | -$489.60M | +78.5% | ||
| 2002 | -$274.29M | -18.4% | ||
| 2001 | -$336.14M | -37.5% | ||
| 2000 | -$537.80M | +38.1% | ||
| 1999 | -$389.43M | +0.6% | ||
| 1998 | -$387.12M | +80.4% | ||
| 1997 | -$214.59M | — |
Free Cash Flow values are taken from Prologis's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Prologis (PLD) reported free cash flow of $5.01B – edged up 2.0% year-over-year.
Across 2020–2025 (5 years), Prologis free cash flow produced a CAGR of +24.3% – with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, Prologis free cash flow declined 6.8%, falling from $5.37B to $5.01B.
$5.37B stands as the all-time-high annual free cash flow, posted in 2023, against a low of -$1.15B during 2006.
Within Real Estate, Prologis (PLD) ranks 1st among 8 peers we track. The peer median for free cash flow is $2.87B.
Prologis Free Cash Flow by Year
Prologis Free Cash Flow 2025: $5.01B
Prologis free cash flow in 2025 was $5.01B, edged up 2.0% from 2024.
Prologis Free Cash Flow 2024: $4.91B
Prologis free cash flow in 2024 was $4.91B, declined 8.6% below 2023.
Prologis Free Cash Flow 2023: $5.37B
Prologis free cash flow in 2023 was $5.37B, surged 50.3% from 2022. This figure represents the highest annual value in the available history.
Prologis Free Cash Flow 2022: $3.58B
Prologis free cash flow in 2022 was $3.58B, surged 43.2% from 2021.
Prologis Free Cash Flow 2021: $2.50B
Prologis free cash flow in 2021 was $2.50B.
See more financial history for Prologis (PLD).
Sector peers — Free Cash Flow
Companies in the same sector as Prologis, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.19B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is Prologis's free cash flow?
Latest reported free cash flow for Prologis (PLD) is $5.01B (period ending December 31, 2025).
How has Prologis free cash flow changed year-over-year?
Prologis (PLD) free cash flow changed +2.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Prologis free cash flow?
Prologis (PLD) free cash flow compound annual growth rate is +24.3% over the most recent 5 years available.
When did Prologis free cash flow hit its highest annual value?
Prologis free cash flow reached its highest annual value of $5.37B in 2023.
What was Prologis free cash flow in 2024?
Prologis (PLD) free cash flow in 2024 was $4.91B.
What was Prologis free cash flow in 2025?
Prologis (PLD) free cash flow in 2025 was $5.01B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
PLD Overview
Company profile, financial tools, and key metrics
PLD Revenue Counter
Earns $283.75 every second. See per minute, hour, and day.
PLD Earnings Counter
Earns $117.87 per second net profit. See per minute, hour, and day.
PLD Economic Scale
Exceeds New Caledonia's GDP. Compare with world economies.
PLD What If Invested
What if you had invested $1,000? See historical returns from any date.
PLD How It Makes Money
Discover visual breakdown of $8.95B in revenue — where it comes from and where it goes.
PLD Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PLD Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PLD Daily Price Character
Balanced · 51.3% historical win rate (green days). Streaks & record days.
PLD Buybacks
0.02% TTM buyback yield. Shareholder yield & SBC comparison.
PLD Dividend Profile
Yield: 2.95%. Safety: 5/8. See full history.
PLD Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PLD Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.