PLD Q1 2024 Earnings — Prologis, Inc. Revenue & Financial Results | Market Cap Arena

PLDPrologis, Inc.

$127B

Q1 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$2.0B+10.6% YoY

Gross Profit

$1.4B72.8% margin

Operating Income

$720M36.8% margin

Net Income

$586M29.9% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$921M

Stock-Based Comp.

$67M

Balance Sheet

Total Assets

$93.3B

Total Liabilities

$35.5B

Stockholders' Equity

$53.2B

Cash & Equivalents

$501M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+10.6%
Gross Profit	$1.4B	$1.3B	+10.8%
Operating Income	$720M	$579M	+24.4%
Net Income	$586M	$465M	+26.1%

Revenue Segments

Real Estate Operations Segment

$1.8B93%

Strategic Capital Segment

$128M7%