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Prologis, Inc. (PLD)

Real Estate BalancedS&P 500

Prologis is a global giant that owns and manages the massive warehouses and distribution centres that keep online shopping moving around the world.

$135.75

Is Prologis, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Owns a massive, high-quality portfolio of essential infrastructure. Worth weighing: High valuation relative to current earnings.

No rating · no target price · nothing for sale here
Price+13.1%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range+30% past year
$135.75
Low $103.41High $153.35
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
30.9now
30.037.7

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
43.8%now
26.2%62.1%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Prologis, Inc. do?

Think of Prologis as the landlord for the internet's supply chain; they own the huge industrial buildings where companies like Amazon store their goods before they reach your doorstep. Rent from these businesses funds the operation, alongside building new logistics hubs in high-demand locations. Their long-term income growth comes down to how much they can raise rents as existing leases expire.

On our factor screen it looks strongest on growth and quality, and weakest on value.

Quick checks
What's strong
  • Growth screens high
What to watch
  • Value screens low

Does Prologis, Inc. pay a dividend?

Yes - Prologis, Inc. currently pays a dividend of about 3.1% a year, which is £31 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about Prologis, Inc.'s dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield3.1%£31 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio93%about 93 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover1.1×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 16 Jun 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

What do Prologis, Inc.'s numbers mean?

P/E
31.00
This shows how much investors are currently paying for every pound of the company's annual profit.
Around the middle of the 46 Real Estate shares we cover
Gross margin
75.5%
This indicates that for every pound of rent collected, the company keeps over 75 pence after paying the direct costs of running the properties.
Higher than most of the 50 Real Estate shares we cover
Dividend yield
3.1%
This is the annual cash payout to shareholders as a percentage of the current share price.
Lower than most of the 50 Real Estate shares we cover
Beta
1.3
A number above 1.0 suggests the share price tends to swing more dramatically than the wider stock market.

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Prologis, Inc.
$1,131+13%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Prologis, Inc. actually fallen?

−32%

Over the last 2 years of daily prices, Prologis, Inc. fell as much as −32% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-31%
2023+22%
2024-18%
2025+25%
2026 so far+11%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$135.61B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
4.37M
Day range: The lowest and highest price the shares traded at during the latest day.
$134.65 – $136.28
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$103.41 – $153.35
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
31.0
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
3.1%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.32

Does the share price tell you if it's cheap or expensive?

One share costs$135.75
Number of shares999 million
So the whole company is worth$136bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Prologis, Inc.?

Big institutions 96%Public & smaller investors 3%

About 96% of Prologis, Inc., or about 96 in every 100 shares, is held by big institutions such as pension and index funds. The rest, roughly 3%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.32
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -3% past week · ▲ +30% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Prologis, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$606.36M$1.21B$1.82B$2.43BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
75.5%
Net margin
43.6%
Return on equity
7.7%

Where does each £100 of Prologis, Inc.'s sales go?

Making the product or service £24Running costs, tax and interest £32Left as profit £44

A rough split of the latest full-year figures: of every £100 of sales, about £24 covers making the product or service, £32 goes on running costs, tax and interest, and about £44 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.

When does Prologis, Inc. report earnings, and how did recent quarters go?

Prologis, Inc. is next scheduled to report on about 2026-10-14 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Prologis, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-16$0.75$1.11Beat +48%
2026-04-16$0.72$1.02Beat +41%
2026-01-21$0.68$1.46Beat +114%
2025-10-15$0.73$0.80Beat +9%
2025-07-16$0.73$0.60Missed -19%
2025-04-16$0.63$0.62Missed -1%

Across the last 6 quarters here, Prologis, Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Prologis, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Stronger demand for warehouse space in key urban hubs
Base
-2% to +2%Steady rental income with no major market shifts
Bear
-5% to -10%Rising interest rates making property debt more expensive

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Dominance in the supply chain becomes essential for all major retailers

The bear case

Long-term shift in supply chain models reducing the need for large warehouses

What are the pros and cons of Prologis, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Owns a massive, high-quality portfolio of essential infrastructure
  • Strong profit margins compared to typical property businesses
  • Benefits from the long-term growth of online shopping
The catch3
  • High valuation relative to current earnings
  • Sensitive to interest rate hikes which increase borrowing costs
  • Share price can be more volatile than the broader market
Key risks3
  • Economic downturns could lead to tenants struggling to pay rent
  • Over-supply of warehouse space could limit future rent increases
  • Heavy reliance on debt to fund new property developments
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained decline in global e-commerce activity
  • A major change in tax laws affecting property investment trusts

Common questions about Prologis, Inc.

Does Prologis, Inc. pay a dividend?

Yes - Prologis, Inc. currently pays a dividend of about 3.1% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does Prologis, Inc. report earnings next?

Prologis, Inc. is next scheduled to report results on about 2026-10-14. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.