Prologis, Inc. (PLD) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.29B | 1.16B | 1.45B | 1.24B | 1.16B | 1.34B | 1.43B | 1.09B | 1.06B | 1.07B | 1.97B | 1.22B | 1.11B | 1.28B | 1.2B | 803.95M | 841.53M | 716.07M | 814.07M | 649.21M |
| Operating CF Growth % | 10.97% | -13.27% | 0.9% | 14.29% | 9.98% | 24.29% | -27.14% | -10.59% | -5.28% | -15.9% | 63.65% | 51.15% | 32.41% | 78.42% | 47.82% | 23.84% | 3.04% | 18.62% | -16.76% | -4% |
| Operating CF / Revenue % | 56.06% | 51.42% | 65.39% | 56.86% | 54.25% | 60.68% | 70.46% | 54.11% | 53.94% | 56.87% | 102.85% | 49.58% | 63% | 72.94% | 68.73% | 64.21% | 69.03% | 56.06% | 68.81% | 56.41% |
| Net Income | 1.04B | 1.48B | 821.26M | 622.3M | 639.52M | 1.34B | 1.06B | 861.35M | 585.72M | 630.94M | 799.14M | 1.28B | 498.63M | 620.07M | 1.07B | 646.44M | 1.22B | 1.3B | 797.73M | 650.31M |
| Depreciation & Amortization | 731.51M | 668.75M | 648M | 657.22M | 652.06M | 656.44M | 649.26M | 637.3M | 637.5M | 638.35M | 642.01M | 602.17M | 602.37M | 612.37M | 401.45M | 402.31M | 396.65M | 396.82M | 390.81M | 392.74M |
| Stock-Based Compensation | 60.63M | 43.81M | 44.51M | 43.98M | 53.16M | 67.44M | 42.52M | 54.55M | 67.24M | 57.63M | 57.25M | 89.87M | 62.91M | 35.33M | 61.67M | 36.92M | 41.43M | 28.61M | 25.89M | 23.95M |
| Other Non-Cash Items | -448.7M | -883.38M | -156.95M | -39.85M | -97.26M | -738.37M | -437.22M | -326.55M | -134.73M | -125.04M | -177.68M | -308.78M | -63.97M | -180.35M | -153.51M | -242.81M | -826.84M | -834.97M | -431.81M | -341.98M |
| Working Capital Changes | -100.31M | -160.42M | 96.22M | -37.62M | -93.41M | -11.2M | 125.13M | -140.2M | -100.26M | -135.32M | 643.94M | -449.33M | 10.79M | 201.28M | -181.6M | -48.98M | 3.08M | -166.53M | 35.26M | -88.5M |
| Cash from Investing | -400.62M | 25.13M | -1.07B | -1.03B | -1.55B | 319.96M | -1.71B | -619.32M | -1.08B | -1.21B | -698.95M | -3.46B | -1.05B | -1.29B | -1.25B | -2.24B | 283.43M | -1.09B | -380.57M | -408.91M |
| Acquisitions (Net) | -987.52M | -233.28M | -25.47M | 25.47M | 9.23M | -56.39M | -78.72M | 4.51M | 0 | 14.4M | -34.76M | 115.86M | -18.51M | -231.56M | -58.21M | -55.09M | 0 | -341.9M | 0 | 0 |
| Purchase of Investments | -150.66M | -6.74M | -176.72M | -944.05M | -1.58B | -1.65M | 0 | -1.29B | -1.16B | -1.48B | -161K | -4.31B | -1.03B | -2.69M | -1.21B | -2.32B | -1.13B | 16.51M | -1.24B | -1.41B |
| Sale of Investments | 887.14M | 0 | 0 | 130.1M | 190.18M | 3.22M | 0 | 869.43M | 211.25M | 540.32M | 9.81M | 15.91M | 5.32M | 14.25M | 18.55M | 22.75M | 1.51B | 3.31M | 999.23M | 1.11B |
| Other Investing | 310K | 265.15M | -620.3M | -25.47M | -9.23M | 374.77M | -1.63B | 0 | 0 | -19.3M | -488.16M | 852.89M | 90.75M | -1.07B | 147.88M | 236.37M | 0 | -754.89M | 0 | 0 |
| Cash from Financing | -1.16B | -1.22B | -251.72M | 181.95M | -275.56M | -1.09B | 445.06M | -360.31M | 2.39M | -84M | -1.05B | 2.28B | 172.41M | -371.52M | 258.35M | -13.52M | 242.48M | 350.47M | -443.82M | -322.66M |
| Dividends Paid | -1.03B | -941.97M | -941.26M | -941.59M | -939.92M | -893M | -892.86M | -892.81M | -891.81M | -808.57M | -806.29M | -807.23M | -806.5M | -731.96M | -587.64M | -587.73M | -587.38M | -468.5M | -468.18M | -468.18M |
| Common Dividends | -1.03B | -941.97M | -941.26M | -941.59M | -939.92M | -893M | -892.86M | -892.81M | -891.81M | -808.57M | -806.29M | -807.23M | -806.5M | -731.96M | -587.64M | -587.73M | -587.38M | -468.5M | -468.18M | -468.18M |
| Debt Issuance (Net) | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Share Repurchases | -47.95M | 0 | -3.34M | 1K | -15.42M | 0 | -4.97M | -205K | -21.72M | -4.72M | -1.34M | 213K | -18.69M | -2.26M | -1.46M | -1.37M | -22.6M | -1.42M | -962K | 0 |
| Other Financing | -77.27M | -113.03M | -56.84M | -96.91M | -68.46M | -22.83M | -60M | -98.32M | -82.41M | -38.04M | -71.21M | -115.5M | -118.79M | -98.98M | -60.61M | -69.88M | -163.44M | 11.29M | -265.43M | -134.37M |
| Net Change in Cash | -284.5M | -40.38M | 119.94M | 394.96M | -647.47M | 537.72M | 182.52M | 97.76M | -29.8M | -210.45M | 209.73M | 8.61M | 244.02M | -357.8M | 198.77M | -1.48B | 1.36B | -28.95M | -16.38M | -74.63M |
| Exchange Rate Effect | -13.74M | -5.45M | -5.97M | 6.27M | 17.84M | -26.08M | 13.73M | -9.06M | -3.58M | 6.39M | -12.86M | -22.04M | 6.47M | 23.7M | -10.46M | -23.22M | -10.81M | -2M | -6.06M | 7.73M |
| Cash at Beginning | 1.15B | 1.19B | 1.07B | 671.12M | 1.32B | 780.87M | 598.35M | 500.59M | 530.39M | 740.84M | 531.11M | 522.5M | 278.48M | 636.28M | 437.51M | 1.91B | 556.12M | 585.07M | 601.45M | 676.07M |
| Cash at End | 861.14M | 1.15B | 1.19B | 1.07B | 671.12M | 1.32B | 780.87M | 598.35M | 500.59M | 530.39M | 740.84M | 531.11M | 522.5M | 278.48M | 636.28M | 437.51M | 1.91B | 556.12M | 585.07M | 601.45M |
| Free Cash Flow | 1.14B | 1.16B | 1.45B | 1.24B | 1.16B | 1.34B | 1.43B | 878.94M | 920.95M | 810.1M | 1.78B | 1.07B | 1.02B | 1.28B | 1.05B | 675.96M | 738.22M | 699.55M | 670.51M | 539.25M |
| FCF Growth % | -1.94% | -13.27% | 0.9% | 41.27% | 26.04% | 64.85% | -19.55% | -17.97% | -9.36% | -36.59% | 69.07% | 58.52% | 37.63% | 82.63% | 57.33% | 25.35% | -9.61% | 15.88% | -31.44% | -20.26% |
| FCF / Revenue % | 49.54% | 51.42% | 65.39% | 56.86% | 54.25% | 60.68% | 70.46% | 43.77% | 47.07% | 42.88% | 93.15% | 43.72% | 57.45% | 72.94% | 60.25% | 53.99% | 60.55% | 54.77% | 56.68% | 46.86% |