PLD Q2 2024 Earnings — Prologis, Inc. Revenue & Financial Results | Market Cap Arena

PLDPrologis, Inc.

$127B

Q2 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$2.0B-18.1% YoY

Gross Profit

$1.5B74.3% margin

Operating Income

$1.0B51.0% margin

Net Income

$861M42.9% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$879M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$93.5B

Total Liabilities

$35.6B

Stockholders' Equity

$53.3B

Cash & Equivalents

$598M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.5B	-18.1%
Gross Profit	$1.5B	$1.9B	-22.0%
Operating Income	$1.0B	$1.4B	-27.5%
Net Income	$861M	$1.2B	-29.2%

Revenue Segments

Real Estate Operations Segment

$1.9B92%

Strategic Capital Segment

$155M8%