← Prologis, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $1.2b |
$1.7b
+36.56%
|
$1.6b
-0.18%
|
$1.6b
-4.63%
|
$1.5b
-5.79%
|
$2.9b
+98.39%
|
$3.4b
+14.46%
|
$3.1b
-9.08%
|
$3.7b
+21.98%
|
$3.3b
-10.81%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.2b |
$1.6b
+36.46%
|
$1.6b
+0.09%
|
$1.6b
-4.65%
|
$1.5b
-5.99%
|
$2.9b
+99.14%
|
$3.4b
+14.50%
|
$3.1b
-9.09%
|
$3.7b
+22.02%
|
$3.3b
-10.83%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.3b | $1.8b | $1.8b | $1.7b | $1.6b | $3.1b | $3.6b | $3.3b | $3.9b | $3.6b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $82.6m | $108.6m | $173.6m | $128.9m | $134.8m | $208.9m | $190.5m | $193.9m | $216.3m | $237.1m | — | |
| Depreciation and amortization | $931.0m | $879.1m | $947.2m | $1.1b | $1.6b | $1.6b | $1.8b | $2.5b | $2.6b | $2.6b | $2.7b | |
| Amortization of Debt Issuance Costs | $15.5m | $14.5m | $13.2m | $13.3m | $14.6m | $16.1m | $17.1m | $22.6m | $26.6m | $30.1m | — | |
| Amortization of Debt Issuance Costs and Discounts | ($15.1m) | $751k | $12.7m | $17.0m | $7.9m | $8.7m | $23.7m | $74.6m | $78.9m | $85.6m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $1.8b | $2.5b | $2.6b | $2.6b | $2.7b | |
| Deferred Income Tax Expense (Benefit) | ($5.5m) | ($5.0m) | $1.4m | $12.2m | $744k | $1.3m | $12.6m | $17.7m | $21.2m | $4.3m | $21.0m | |
| Deferred Tax | — | — | — | — | — | — | $12.6m | $17.7m | $21.2m | $4.3m | $21.0m | |
| Share-based Payment Arrangement, Noncash Expense | $60.3m | $76.6m | $76.1m | $97.6m | $109.8m | $113.0m | $175.4m | $267.6m | $231.7m | $185.5m | $204.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $8.6m | $19.8m | $26.5m | $22.4m | $24.9m | $19.9m | $27.7m | $24.5m | $30.5m | $23.9m | — | |
| Income (Loss) from Equity Method Investments | $206.3m | $248.6m | $298.3m | $200.2m | $297.4m | $404.3m | $310.9m | $307.2m | $353.6m | $402.5m | — | |
| Nonoperating Income (Expense) | $678.7m | $1.0b | $1.0b | ($73.4m) | ($371.9m) | $115.9m | $223.3m | ($243.6m) | ($301.0m) | ($588.5m) | — | |
| Other Nonoperating Income (Expense) | $8.1m | $13.7m | $14.7m | $24.2m | $1.0m | $871k | — | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($310.9m) | ($307.2m) | ($353.6m) | ($402.5m) | ($467.7m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($26.2m) | $70.1m | ($126.5m) | ($195.2m) | ($262.5m) | |
| Change In Receivables | — | — | — | — | — | — | ($63.9m) | ($82.4m) | $20.5m | $1.3m | ($45.1m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($63.9m) | ($82.4m) | $20.5m | $1.3m | ($45.1m) | |
| Increase (Decrease) in Other Operating Assets | — | — | — | — | — | — | — | — | $341.6m | $422.1m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($71.3m) | ($102.6m) | ($341.6m) | ($422.1m) | ($532.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $1.4b |
$1.7b
+19.07%
|
$1.8b
+6.89%
|
$2.3b
+25.53%
|
$2.9b
+29.72%
|
$3.0b
+2.01%
|
$4.1b
+37.73%
|
$5.4b
+30.21%
|
$4.9b
-8.58%
|
$5.0b
+1.96%
|
$5.2b
+4.64%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $45.9m | $0 | — | — | — | $33.0m | $0 | $0 | ($520.8m) | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($663.8m) | ($685.4m) | ($3.1b) | ($2.0b) | ($4.5b) | ($6.4b) | ($3.1b) | ($3.6b) | ($2.6b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $2.5m | ($68.4m) | ($2.6m) | ($16.1m) | ($188.3m) | ($187.5m) | ($20.2m) | $3.3m | $536k | ($3.5m) | — | |
| Proceeds from Issuance of Long-term Debt | $1.4b | $2.4b | $4.9b | — | — | — | — | — | — | — | $4.2b | |
| Issuance Of Debt | — | — | — | — | — | — | $4.4b | $5.8b | $4.5b | $3.5b | $4.2b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $4.4b | $5.8b | $4.5b | $3.5b | $4.2b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.4b) | ($839.3m) | ($1.6b) | ($905.8m) | ($1.8b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $3.0b | $4.9b | $2.9b | $2.6b | $2.4b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $3.0b | $4.9b | $2.9b | $2.6b | $2.4b | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.4b) | ($839.3m) | ($1.6b) | ($905.8m) | ($1.8b) | |
| Common Stock Issuance | — | — | — | — | — | $743k | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | $743k | $0 | $0 | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Dividends paid | $893 | $943 | $1k | $1k | $2k | $2k | $2k | $3k | $4k | $4k | ($3.9b) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($2.5b) | ($3.2b) | ($3.6b) | ($3.8b) | ($3.9b) | |
| Dividend Received CFO | — | — | — | — | — | — | $410.5m | $680.2m | $562.5m | $644.9m | $680.9m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($419.1m) | ($366.9m) | ($285.7m) | ($354.0m) | ($429.4m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | ($1.2b) |
($839.6m)
+31.86%
|
($372.2m)
+55.67%
|
($1.0b)
-170.94%
|
$115.8m
+111.48%
|
$1.3b
+1040.25%
|
($1,000.0m)
-175.74%
|
($1.6b)
-56.37%
|
($1.9b)
-22.79%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $745.0m | ($490.8m) | ($42.0m) | ($277.6m) | $251.9m | $788.2m | ($172.9m) | $1.8b | |
| Beginning Cash Position | — | — | — | — | — | — | $556.1m | $278.5m | $530.4m | $1.3b | $1.1b | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($20.8m) | ($22.0m) | ($25.0m) | $12.7m | ($23.9m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $322.4m | $278.3m | $205.5m | $214.4m | $309.4m | $278.9m | $234.1m | $457.0m | $710.8m | $842.3m | — | |
| Income Taxes Paid, Net | — | $46.7m | $60.3m | $62.1m | $100.7m | $148.7m | $130.0m | $149.1m | $129.9m | $142.7m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $757.4m | $1.2b | $841.0m | — | — | — | — | — | — | — | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $3.0m | $12.6m | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | $28.0m | ($6.0m) | ($8.0m) | $145.0m | $60.0m | $53.0m | — | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | $8.1m | ($69.0m) | $120.4m | ($70.7m) | ($160.7m) | $173.0m | $92.2m | ($71.6m) | $67.3m | ($125.7m) | — | |
| Gain (Loss) on Sale of Properties | $469.9m | $667.3m | $635.9m | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $222.1m | $231.1m | $239.0m | $266.7m | $274.8m | $293.2m | $331.1m | $390.4m | $418.8m | $469.1m | — | |
| Income Tax Expense (Benefit) | $54.6m | $54.6m | $63.3m | $74.5m | $130.5m | $174.3m | $135.4m | $211.0m | $166.9m | $204.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $863.9m | $1.0b | — | |
| Operating Expenses | $1.9b | $1.8b | $2.0b | — | — | — | — | — | ($2.1b) | ($2.3b) | — | |
| Proceeds from Noncontrolling Interests | $2.2m | $240.9m | $170.1m | $11.6m | $917.1m | $74.4m | $13.3m | $21.1m | $73.1m | $70.6m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $115.8m | $1.3b | ($1,000.0m) | ($1.6b) | ($1.9b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($4.5b) | ($6.4b) | ($3.1b) | ($3.6b) | ($2.6b) | |
| Change In Account Payable | — | — | — | — | — | — | $109.0m | $255.1m | $194.5m | $225.6m | $315.5m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($277.6m) | $251.9m | $788.2m | ($172.9m) | — | |
| Change In Payable | — | — | — | — | — | — | $109.0m | $255.1m | $194.5m | $225.6m | $315.5m | |
| Changes In Cash | — | — | — | — | — | — | ($256.8m) | $273.9m | $813.2m | ($185.6m) | $722.9m | |
| End Cash Position | — | — | — | — | — | — | $278.5m | $530.4m | $1.3b | $1.1b | $1.8b | |
| Financing Cash Flow | — | — | — | — | — | — | $115.8m |
$1.3b
+1040.25%
|
($1,000.0m)
-175.74%
|
($1.6b)
-56.37%
|
($1.9b)
-22.79%
|
|
| Free Cash Flow | — | — | — | — | — | — | $4.1b | $5.4b | $4.9b | $5.0b | $5.2b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($1.2b) | ($623.3m) | ($1.3b) | ($943.6m) | ($1.5b) | |
| Investing Cash Flow | — | — | — | — | — | — | ($4.5b) | ($6.4b) | ($3.1b) | ($3.6b) | ($2.6b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($365.4m) | $64.1m | ($482.2m) | ($207.8m) | ($258.0m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($92.2m) | $71.6m | ($67.3m) | $125.7m | ($87.7m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($4.2b) | ($6.6b) | ($2.6b) | ($3.2b) | ($2.3b) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $55.8m | $34.9m | $13.0m | ($197.5m) | ($17.8m) | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($1.6b) | ($862.2m) | ($1.7b) | ($1.2b) | ($2.0b) | |
| Other Non Cash Items | — | — | — | — | — | — | ($244.0m) | ($538.4m) | ($565.7m) | ($605.4m) | — | |
| Preferred Stock Payments | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of Business | — | — | — | — | — | — | ($442.4m) | ($284.2m) | ($540.6m) | ($312.2m) | ($520.8m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($3.5m) | ($2.2m) | ($3.0m) | ($202.4m) | ($198.0m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($6.3b) | ($8.3b) | ($6.4b) | ($5.5b) | ($198.0m) | |
| Sale Of Business | — | — | — | — | — | — | $77.0m | $348.3m | $58.3m | $104.4m | $262.8m | |
| Sale Of Investment | — | — | — | — | — | — | $59.3m | $37.1m | $16.0m | $4.9m | $180.1m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $2.1b | $1.8b | $3.8b | $2.2b | $180.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $175.4m | $267.6m | $231.7m | $185.5m | $204.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.