Prologis (PLD) balance sheet
NYSE · Real Estate · REIT - Industrial · 2,802 employees · CEO Daniel S. Letter
- Price
- $128.06 +0.03%
- Market cap
- $122B
- Enterprise value
- $156B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-01-20 EPS est. $0.76
At the end of Q3 '26 Prologis (PLD) held $2.27B in cash and short-term investments against $36.8B of debt incl. leases. Total assets $104B, total liabilities $43.6B, shareholders' equity $55.9B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $530M | $501M | $598M | $781M | $1.32B | $671M | $1.07B | $1.19B | $1.15B | $861M | $1.77B | $2.27B | |
| Receivables | $554M | $0 | $0 | $0 | $624M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current assets | $462M | $383M | $516M | $326M | $249M | $546M | $253M | $359M | $203M | $0 | $0 | $546M | |
| Current assets | $1.79B | $883M | $1.11B | $1.11B | $2.42B | $1.22B | $1.32B | $1.54B | $1.35B | $861M | $1.77B | $2.82B | |
| Property, plant & equipment (net) | $892M | $0 | $0 | $0 | $920M | $0 | $0 | $0 | $80.4B | $0 | $81.2B | $82.4B | |
| Long-term investments | $9.54B | $9.69B | $9.76B | $10.1B | $10.1B | $10.3B | $10.6B | $10.5B | $11.1B | $91.2B | $11.5B | $11.5B | |
| Intangible assets | $1.01B | $0 | $0 | $0 | $765M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred tax assets | $1.23M | $0 | $0 | $0 | $3.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current assets | $79.8B | $82.7B | $82.7B | $84.7B | $81.1B | $84.5B | $85.8B | $86.3B | $5.88B | $6.09B | $6.08B | $7.17B | |
| Non-current assets | $91.2B | $92.4B | $92.4B | $94.8B | $92.9B | $94.8B | $96.4B | $96.8B | $97.4B | $97.3B | $98.8B | $101B | |
| Total assets | $93B | $93.3B | $93.5B | $95.9B | $95.3B | $96B | $97.7B | $98.3B | $98.7B | $98.1B | $101B | $104B | |
| Liabilities | |||||||||||||
| Accounts payable | $1.77B | $1.75B | $1.65B | $1.81B | $1.77B | $1.62B | $0 | $1.85B | $0 | $0 | $2.53B | $6.72B | |
| Short-term debt | $979M | $1.03B | $489M | $661M | $225M | $532M | $520M | $225M | $0 | $554M | $0 | $1.19B | |
| Taxes payable | $152M | $0 | $0 | $0 | $171M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $377M | $0 | $0 | $0 | $475M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current liabilities | $14.2M | $0 | $0 | $0 | $1.95M | $0 | $1.63B | $0 | $5.93B | $1.68B | $0 | $0 | |
| Current liabilities | $3.29B | $2.78B | $2.14B | $2.47B | $2.64B | $2.15B | $2.15B | $2.07B | $5.93B | $2.23B | $2.53B | $7.91B | |
| Long-term debt | $28B | $28.5B | $29.4B | $31.6B | $30.7B | $31.7B | $34.1B | $35.1B | $35B | $34.1B | $36.4B | $35.6B | |
| Lease obligations (non-current) | $598M | $0 | $0 | $0 | $615M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $3.29B | $4.2B | $4.06B | $4.14B | $2.8B | $4.04B | $4.12B | $3.98B | $0 | $3.83B | $3.92B | $0 | |
| Non-current liabilities | $31.9B | $32.7B | $33.5B | $35.8B | $34.1B | $35.8B | $38.3B | $39.1B | $35B | $38B | $40.4B | $35.6B | |
| Total liabilities | $35.2B | $35.5B | $35.6B | $38.2B | $36.7B | $37.9B | $40.4B | $41.1B | $41B | $40.2B | $42.9B | $43.6B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $9.24M | $9.26M | $9.26M | $9.26M | $9.26M | $9.28M | $9.28M | $9.29M | $9.29M | $9.32M | $9.33M | $9.5M | |
| Retained earnings | -$627M | -$933M | -$965M | -$852M | -$466M | -$813M | -$1.18B | -$1.36B | -$1.36B | -$921M | -$860M | $0 | |
| Accumulated other comprehensive income | -$514M | -$285M | -$156M | -$572M | -$120M | -$350M | -$766M | -$736M | -$178M | -$479M | -$398M | -$413M | |
| Shareholders' equity | $53.2B | $53.2B | $53.3B | $53.1B | $54B | $53.5B | $52.7B | $52.6B | $53.2B | $53.5B | $53.7B | $55.9B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $29.6B | $29.6B | $29.9B | $32.3B | $31.5B | $32.3B | $34.7B | $35.3B | $35B | $34.7B | $36.4B | $36.8B | |
| Net debt (debt - cash) | $29.1B | $29.1B | $29.3B | $31.5B | $30.2B | $31.6B | $33.6B | $34.1B | $33.9B | $33.8B | $34.7B | $34.6B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $807M | $447M | $344M | $1.09B | $598M | $556M | $278M | $530M | $1.32B | $1.15B | |
| Receivables | $241M | $239M | $240M | $242M | $380M | $593M | $638M | $554M | $624M | $0 | |
| Other current assets | $322M | $342M | $622M | $721M | $1.07B | $670M | $531M | $462M | $249M | $203M | |
| Current assets | $1.52B | $1.13B | $1.31B | $2.16B | $2.19B | $1.97B | $1.69B | $1.79B | $2.42B | $1.35B | |
| Property, plant & equipment (net) | $103M | $110M | $112M | $594M | $611M | $577M | $855M | $892M | $920M | $80.4B | |
| Long-term investments | $4.23B | $5.5B | $5.75B | $6.24B | $7.6B | $8.61B | $9.7B | $9.54B | $10.1B | $11.1B | |
| Intangible assets | $268M | $202M | $451M | $314M | $727M | $553M | $1.18B | $1.01B | $765M | $0 | |
| Deferred tax assets | $14.1M | $13.5M | $8.77M | $4.6M | $5.59M | $8.93M | $5.73M | $1.23M | $3.26M | $0 | |
| Other non-current assets | $24.1B | $22.5B | $30.8B | $30.7B | $44.9B | $46.8B | $74.5B | $79.8B | $81.1B | $5.88B | |
| Non-current assets | $28.7B | $28.4B | $37.1B | $37.9B | $53.9B | $56.5B | $86.2B | $91.2B | $92.9B | $97.4B | |
| Total assets | $30.2B | $29.5B | $38.4B | $40B | $56.1B | $58.5B | $87.9B | $93B | $95.3B | $98.7B | |
| Liabilities | |||||||||||
| Accounts payable | $556M | $703M | $761M | $705M | $1.14B | $1.25B | $1.71B | $1.77B | $1.77B | $0 | |
| Accrued expenses | $0 | $0 | $0 | $73.6M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Short-term debt | $35M | $317M | $50.5M | $184M | $172M | $491M | $1.54B | $979M | $225M | $0 | |
| Taxes payable | $84.6M | $67.1M | $70.8M | $75.7M | $110M | $123M | $115M | $152M | $171M | $0 | |
| Deferred revenue | $112M | $87.1M | $96.2M | $118M | $168M | $186M | $330M | $377M | $475M | $0 | |
| Other current liabilities | $0 | $0 | $13M | -$31.6M | $16.2M | $10.6M | $4.54M | $14.2M | $1.95M | $5.93B | |
| Current liabilities | $788M | $1.17B | $991M | $1.13B | $1.61B | $2.03B | $3.7B | $3.29B | $2.64B | $5.93B | |
| Long-term debt | $10.6B | $9.1B | $11B | $11.7B | $16.7B | $17.2B | $22.3B | $28B | $30.7B | $35B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $472M | $487M | $448M | $639M | $598M | $615M | $0 | |
| Deferred revenue (non-current) | $112M | $87.1M | $96.2M | $118M | $168M | $0 | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $319M | $419M | $490M | $524M | $799M | $1.04B | $3.36B | $3.29B | $2.8B | $0 | |
| Non-current liabilities | $11B | $9.6B | $11.6B | $12.8B | $18.1B | $18.7B | $26.3B | $31.9B | $34.1B | $35B | |
| Total liabilities | $11.8B | $10.8B | $12.6B | $14B | $19.7B | $20.7B | $30B | $35.2B | $36.7B | $41B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $5.29M | $5.32M | $6.3M | $6.32M | $7.39M | $7.4M | $9.23M | $9.24M | $9.26M | $9.29M | |
| Retained earnings | -$3.61B | -$2.9B | -$2.38B | -$2.15B | -$2.39B | -$1.33B | -$458M | -$627M | -$466M | -$1.36B | |
| Accumulated other comprehensive income | -$937M | -$902M | -$1.08B | -$990M | -$1.19B | -$878M | -$444M | -$514M | -$120M | -$178M | |
| Shareholders' equity | $15B | $15.6B | $22.3B | $22.7B | $32B | $33.4B | $53.2B | $53.2B | $54B | $53.2B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $10.6B | $9.41B | $11.1B | $12.4B | $17.3B | $18.2B | $24.5B | $29.6B | $31.5B | $35B | |
| Net debt (debt - cash) | $9.8B | $8.97B | $10.7B | $11.3B | $16.7B | $17.6B | $24.2B | $29.1B | $30.2B | $33.9B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01