Prologis's Income Statement Analysis: Revenue to Profit Breakdown
Prologis's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$4.76 B | $5.97 B | $8.02 B | $8.20 B | $8.79 B | $8.95 B |
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Cost of Revenue Direct cost of goods/services. |
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$1.25 B | $1.51 B | $2.01 B | $2.06 B | $3.55 B | $5.07 B |
Gross Profit Revenue minus cost of revenue. |
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$3.51 B | $4.46 B | $6.01 B | $6.14 B | $5.24 B | $3.88 B |
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Operating Expense
Costs to run business. |
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$303.96 M | $997.06 M | $2.31 B | $1.73 B | $1.70 B | $396.00 M |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$293.17 M | $331.08 M | $390.41 M | $418.77 M | $477.84 M | $363.14 M |
General and Administrative Corporate overhead costs. |
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$293.17 M | $331.08 M | $390.41 M | $418.77 M | $477.84 M | $363.14 M |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$10.79 M | $665.98 M | $1.91 B | $1.31 B | $1.22 B | $32.86 M |
Operating Income Profit from operations. |
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$3.21 B | $3.47 B | $3.71 B | $4.42 B | $3.54 B | $3.48 B |
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Net Interest Income
Interest income minus expense. |
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-$266.23 M | -$309.04 M | -$641.33 M | -$863.93 M | -$1.00 B | -$1.02 B |
Interest Income Income from investments. |
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- | - | -$22.61 M | -$26.64 M | - | - |
Interest Expense Cost of borrowing. |
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$266.23 M | $309.04 M | $618.72 M | $837.30 M | $1.00 B | $1.02 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$365.95 M | -$515.18 M | -$375.11 M | -$536.25 M | -$1.04 B | -$1.52 B |
Total Other Income (Net) Net non-operating items. |
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$115.85 M | $223.27 M | -$243.61 M | -$301.04 M | $233.24 M | $694.51 M |
Income Before Tax Profit before taxes. |
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$3.32 B | $3.69 B | $3.46 B | $4.11 B | $3.77 B | $4.18 B |
Income Tax Expense Taxes on income. |
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$174.26 M | $135.41 M | $211.04 M | $166.94 M | $204.02 M | $208.61 M |
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Net Income
Final profit. |
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$2.94 B | $3.36 B | $3.06 B | $3.73 B | $3.41 B | $3.72 B |
Net Income From Continuing Operations Profit from core business. |
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$3.15 B | $3.56 B | $3.25 B | $3.95 B | $3.57 B | $3.97 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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-$75.94 M | -$86.18 M | - | -$5.88 M | -$16.41 M | -$5.93 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$3.86 | $4.15 | $3.30 | $4.03 | $3.57 | $3.97 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$3.84 | $4.13 | $3.29 | $4.01 | $3.54 | $3.96 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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760.31 M | 808.91 M | 947.71 M | 926.17 M | 938.41 M | 931.26 M |
Diluted Average Shares Outst. Shares including dilution. |
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785.71 M | 834.84 M | 951.79 M | 953.59 M | 958.02 M | 957.56 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$3.57 B | $3.98 B | $4.08 B | $4.95 B | $4.57 B | $5.01 B |
EBITDA Earnings before interest, tax, D&A. |
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$5.15 B | $5.80 B | $6.57 B | $7.53 B | $7.20 B | $7.71 B |
Depreciation and Amortization Non-cash expense for assets. |
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$1.58 B | $1.81 B | $2.48 B | $2.58 B | $2.63 B | $2.71 B |
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Prologis's Assets vs Liabilities & Equity
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