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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow5.01 B USD4.91 B USD5.37 B USD4.13 B USD3.00 B USD2.94 B USD2.26 B USD1.80 B USD1.69 B USD1.42 B USD963.41 M USD704.53 M USD
Depreciation & Amortization2.63 B USD2.58 B USD2.48 B USD1.81 B USD1.58 B USD1.56 B USD1.14 B USD947.21 M USD879.14 M USD930.99 M USD880.37 M USD642.46 M USD
Stock-Based Compensation185.47 M USD231.75 M USD267.65 M USD175.36 M USD113.03 M USD109.83 M USD97.56 M USD76.09 M USD76.64 M USD60.34 M USD53.66 M USD57.48 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 USD543.28 M USD1.25 B USD-4.65 B USD-488.31 M USD
Cash Flow from Financing-1.56 B USD-999.96 M USD1.32 B USD115.79 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 USD3.61 B USD-337.82 M USD
Dividends Paid3.76 B USD3.57 B USD3.23 B USD2.49 B USD1.87 B USD1.72 B USD1.35 B USD1.12 B USD942.88 M USD893.46 M USD804.70 M USD672.19 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.