| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 5.01 B USD | 4.91 B USD | 5.37 B USD | 4.13 B USD | 3.00 B USD | 2.94 B USD | 2.26 B USD | 1.80 B USD | 1.69 B USD | 1.42 B USD | 963.41 M USD | 704.53 M USD |
| Depreciation & Amortization | 2.63 B USD | 2.58 B USD | 2.48 B USD | 1.81 B USD | 1.58 B USD | 1.56 B USD | 1.14 B USD | 947.21 M USD | 879.14 M USD | 930.99 M USD | 880.37 M USD | 642.46 M USD |
| Stock-Based Compensation | 185.47 M USD | 231.75 M USD | 267.65 M USD | 175.36 M USD | 113.03 M USD | 109.83 M USD | 97.56 M USD | 76.09 M USD | 76.64 M USD | 60.34 M USD | 53.66 M USD | 57.48 M USD |
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | — | — |
| Cash Flow from Investing | -3.63 B USD | -3.10 B USD | -6.42 B USD | -4.50 B USD | -1.99 B USD | -3.07 B USD | -685.35 M USD | -663.80 M USD | 543.28 M USD | 1.25 B USD | -4.65 B USD | -488.31 M USD |
| Cash Flow from Financing | -1.56 B USD | -999.96 M USD | 1.32 B USD | 115.79 M USD | -1.01 B USD | -372.16 M USD | -839.60 M USD | -1.23 B USD | -2.61 B USD | -2.13 B USD | 3.61 B USD | -337.82 M USD |
| Dividends Paid | 3.76 B USD | 3.57 B USD | 3.23 B USD | 2.49 B USD | 1.87 B USD | 1.72 B USD | 1.35 B USD | 1.12 B USD | 942.88 M USD | 893.46 M USD | 804.70 M USD | 672.19 M USD |
| Stock Buybacks | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — | — | — | — | — |
Prologis Inc. is a real estate investment trust specializing in logistics and industrial properties worldwide. The company focuses on owning, developing, and managing modern distribution centers and warehouses in high-barrier, high-growth markets that support global trade and e-commerce activity. Prologis serves a wide range of customers involved in business-to-business distribution as well as retail and online fulfillment, providing facilities critical for inventory storage, order processing, and last-mile delivery. Its operations are organized primarily through the Real Estate segment, which generates income from rental and development activities, and the Strategic Capital segment, which manages co-investment ventures and other unconsolidated entities on behalf of institutional partners. Headquartered in San Francisco, California and founded in 1991, Prologis plays a significant role in the global logistics infrastructure by offering scale, network density, and specialized logistics real estate solutions across the Americas, Europe, and Asia.