Operating Income for Prologis (PLD)
According to Prologis's latest reported financial statements, the company's current operating income (TTM) is $3.48B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PLD
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.48B
YoY change
-19.9%
5Y CAGR
+10.8%
Peak year (2024)
$4.42B
Cumulative operating income
$30.08B
Operating Income history chart for Prologis (PLD) from 1997 to 2025
Operating Income history table for Prologis (PLD) from 1997 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.54B | -19.9% | ||
| 2024 | $4.42B | +19.1% | ||
| 2023 | $3.71B | +6.9% | ||
| 2022 | $3.47B | +8.1% | ||
| 2021 | $3.21B | +51.3% | ||
| 2020 | $2.12B | +14.6% | ||
| 2019 | $1.85B | +9.6% | ||
| 2018 | $1.69B | -13.6% | ||
| 2017 | $1.95B | +192.4% | ||
| 2016 | $668.38M | +75.8% | ||
| 2015 | $380.17M | +18.9% | ||
| 2014 | $319.81M | +5.1% | ||
| 2013 | $304.41M | +227.4% | ||
| 2012 | $92.98M | -1.9% | ||
| 2011 | $94.78M | -115.4% | ||
| 2010 | -$613.52M | -555.4% | ||
| 2009 | $134.73M | -34.1% | ||
| 2008 | $204.44M | +3.9% | ||
| 2007 | $196.83M | -20.7% | ||
| 2006 | $248.27M | -1.6% | ||
| 2005 | $252.31M | -8.7% | ||
| 2004 | $276.46M | +2.9% | ||
| 2003 | $268.64M | -9.1% | ||
| 2002 | $295.61M | +0.3% | ||
| 2001 | $294.66M | +17.9% | ||
| 2000 | $249.97M | +1.0% | ||
| 1999 | $247.53M | +28.0% | ||
| 1998 | $193.42M | +763.0% | ||
| 1997 | $22.41M | — |
Operating Income values are taken from Prologis's reported income 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 operating income of $3.54B – declined 19.9% year-over-year.
Prologis operating income has recorded the values shown across consecutive periods, with a +10.8% compound annual growth rate over 2020–2025 (5 years).
Prologis operating income declined from $4.42B in 2024 to $3.54B in 2025, a 19.9% drawdown.
Across the available history, operating income reached its high of $4.42B in 2024 and its low of -$613.52M in 2010.
Within Real Estate, Prologis (PLD) ranks 2nd among 8 peers we track. The peer median for operating income is $1.74B.
Prologis Operating Income by Year
Prologis Operating Income 2025: $3.54B
Prologis operating income in 2025 was $3.54B, declined 19.9% below 2024.
Prologis Operating Income 2024: $4.42B
Prologis operating income in 2024 was $4.42B, grew 19.1% from 2023. This figure represents the highest annual value in the available history.
Prologis Operating Income 2023: $3.71B
Prologis operating income in 2023 was $3.71B, grew 6.9% from 2022.
Prologis Operating Income 2022: $3.47B
Prologis operating income in 2022 was $3.47B, grew 8.1% from 2021.
Prologis Operating Income 2021: $3.21B
Prologis operating income in 2021 was $3.21B.
See more financial history for Prologis (PLD).
Sector peers — Operating Income
Companies in the same sector as Prologis, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $4.88B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.18B | Real Estate |
| Public Storage (PSA) | $2.25B | Real Estate |
| Equinix, Inc. (EQIX) | $1.85B | Real Estate |
| Realty Income Corporation (O) | $1.63B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.29B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $658.49M | Real Estate |
| Welltower Inc. (WELL) | $355.17M | Real Estate |
Frequently asked questions
What is Prologis's operating income?
- Latest reported operating income for Prologis (PLD) is $3.48B (period ending March 31, 2026).
How has Prologis operating income changed year-over-year?
- Prologis (PLD) operating income changed -19.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Prologis operating income?
- Prologis (PLD) operating income compound annual growth rate is +10.8% over the most recent 5 years available.
When did Prologis operating income hit its highest annual value?
- Prologis operating income reached its highest annual value of $4.42B in 2024.
What was Prologis operating income in 2024?
- Prologis (PLD) operating income in 2024 was $4.42B.
What was Prologis operating income in 2025?
- Prologis (PLD) operating income in 2025 was $3.54B.
Metrics overview
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