Prologis Inc (PLD) - Net Assets
Based on the latest financial reports, Prologis Inc (PLD) has net assets worth $58.12 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($101.01 Billion) and total liabilities ($42.89 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is Prologis Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $58.12 Billion |
| % of Total Assets | 57.54% |
| Annual Growth Rate | 13.34% |
| 5-Year Change | 53.02% |
| 10-Year Change | 212.89% |
| Growth Volatility | 54.18 |
Prologis Inc - Net Assets Trend (1997–2025)
This chart illustrates how Prologis Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Prologis Inc (PLD) market capitalisation.
Annual Net Assets for Prologis Inc (1997–2025)
The table below shows the annual net assets of Prologis Inc from 1997 to 2025. Also explore PLD net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $57.75 Billion | -1.47% |
| 2024-12-31 | $58.62 Billion | +1.37% |
| 2023-12-31 | $57.82 Billion | -0.07% |
| 2022-12-31 | $57.86 Billion | +53.31% |
| 2021-12-31 | $37.74 Billion | +3.90% |
| 2020-12-31 | $36.32 Billion | +39.33% |
| 2019-12-31 | $26.07 Billion | +1.05% |
| 2018-12-31 | $25.80 Billion | +37.93% |
| 2017-12-31 | $18.71 Billion | +1.34% |
| 2016-12-31 | $18.46 Billion | +0.20% |
| 2015-12-31 | $18.42 Billion | +21.32% |
| 2014-12-31 | $15.18 Billion | +7.10% |
| 2013-12-31 | $14.18 Billion | +2.93% |
| 2012-12-31 | $13.77 Billion | -4.72% |
| 2011-12-31 | $14.46 Billion | +290.46% |
| 2010-12-31 | $3.70 Billion | +12.48% |
| 2009-12-31 | $3.29 Billion | +10.92% |
| 2008-12-31 | $2.97 Billion | -14.27% |
| 2007-12-31 | $3.46 Billion | +15.22% |
| 2006-12-31 | $3.00 Billion | -4.25% |
| 2005-12-31 | $3.14 Billion | +9.41% |
| 2004-12-31 | $2.87 Billion | +7.83% |
| 2003-12-31 | $2.66 Billion | +3.26% |
| 2002-12-31 | $2.58 Billion | +3.57% |
| 2001-12-31 | $2.49 Billion | -3.97% |
| 2000-12-31 | $2.59 Billion | +10.11% |
| 1999-12-31 | $2.35 Billion | +7.15% |
| 1998-12-31 | $2.19 Billion | +26.63% |
| 1997-12-31 | $1.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prologis Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 136023700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.29 Million | 0.02% |
| Other Comprehensive Income | $-178.46 Million | -0.34% |
| Other Components | $54.72 Billion | 102.88% |
| Total Equity | $53.19 Billion | 100.00% |
Prologis Inc Competitors by Market Cap
The table below lists competitors of Prologis Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newmont Corporation
AU:NEM
|
$129.80 Billion |
|
Mizuho Financial Group Inc.
NYSE:MFG
|
$130.47 Billion |
|
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
$130.53 Billion |
|
Siemens Energy AG
XETRA:ENR
|
$130.64 Billion |
|
Rio Tinto Group
MX:RION
|
$127.72 Billion |
|
ABB Ltd
SW:ABBN
|
$127.26 Billion |
|
Bristol-Myers Squibb Company
NYSE:BMY
|
$127.16 Billion |
|
SCHNEIDER ELECTR.ADR/1/5
F:SNDB
|
$126.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prologis Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 53,951,138,000 to 53,193,178,000, a change of -757,960,000 (-1.4%).
- Net income of 3,410,663,000 contributed positively to equity growth.
- Dividend payments of 3,764,745,000 reduced retained earnings.
- Share repurchases of 23,947,000 reduced equity.
- Other comprehensive income decreased equity by 58,248,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.41 Billion | +6.41% |
| Dividends Paid | $3.76 Billion | -7.08% |
| Share Repurchases | $23.95 Million | -0.05% |
| Other Comprehensive Income | $-58.25 Million | -0.11% |
| Other Changes | $-321.68 Million | -0.6% |
| Total Change | $- | -1.40% |
Book Value vs Market Value Analysis
This analysis compares Prologis Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.45x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.00x to 2.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $19.42 | $135.88 | x |
| 1998-12-31 | $20.47 | $135.88 | x |
| 1999-12-31 | $21.17 | $135.88 | x |
| 2000-12-31 | $21.07 | $135.88 | x |
| 2001-12-31 | $20.57 | $135.88 | x |
| 2002-12-31 | $19.82 | $135.88 | x |
| 2003-12-31 | $20.14 | $135.88 | x |
| 2004-12-31 | $19.63 | $135.88 | x |
| 2005-12-31 | $21.81 | $135.88 | x |
| 2006-12-31 | $23.78 | $135.88 | x |
| 2007-12-31 | $27.69 | $135.88 | x |
| 2008-12-31 | $25.83 | $135.88 | x |
| 2009-12-31 | $21.89 | $135.88 | x |
| 2010-12-31 | $20.50 | $135.88 | x |
| 2011-12-31 | $36.75 | $135.88 | x |
| 2012-12-31 | $28.30 | $135.88 | x |
| 2013-12-31 | $27.89 | $135.88 | x |
| 2014-12-31 | $27.60 | $135.88 | x |
| 2015-12-31 | $34.50 | $135.88 | x |
| 2016-12-31 | $33.76 | $135.88 | x |
| 2017-12-31 | $33.87 | $135.88 | x |
| 2018-12-31 | $43.71 | $135.88 | x |
| 2019-12-31 | $33.64 | $135.88 | x |
| 2020-12-31 | $41.25 | $135.88 | x |
| 2021-12-31 | $48.04 | $135.88 | x |
| 2022-12-31 | $63.77 | $135.88 | x |
| 2023-12-31 | $55.88 | $135.88 | x |
| 2024-12-31 | $56.58 | $135.88 | x |
| 2025-12-31 | $55.52 | $135.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prologis Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.80%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.86x
- Recent ROE (6.41%) is above the historical average (5.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 1.09% | 32.51% | 0.02x | 1.50x | $-148.57 Million |
| 1998 | 6.38% | 31.37% | 0.10x | 2.02x | $-63.94 Million |
| 1999 | 9.63% | 39.29% | 0.12x | 1.98x | $-6.82 Million |
| 2000 | 6.89% | 25.49% | 0.11x | 2.50x | $-55.01 Million |
| 2001 | 7.87% | 22.96% | 0.13x | 2.72x | $-37.28 Million |
| 2002 | 7.38% | 20.17% | 0.12x | 2.96x | $-44.18 Million |
| 2003 | 8.04% | 21.79% | 0.11x | 3.25x | $-32.67 Million |
| 2004 | 7.51% | 18.85% | 0.10x | 3.82x | $-41.64 Million |
| 2005 | 13.45% | 38.13% | 0.10x | 3.55x | $66.18 Million |
| 2006 | 10.34% | 30.70% | 0.11x | 3.10x | $7.41 Million |
| 2007 | 11.37% | 46.93% | 0.09x | 2.63x | $37.86 Million |
| 2008 | -1.98% | -6.97% | 0.10x | 2.90x | $-301.48 Million |
| 2009 | -1.17% | -5.41% | 0.09x | 2.33x | $-328.27 Million |
| 2010 | 0.82% | 4.28% | 0.09x | 2.22x | $-304.95 Million |
| 2011 | -1.12% | -10.01% | 0.06x | 2.03x | $-1.52 Billion |
| 2012 | -0.30% | -1.98% | 0.07x | 2.09x | $-1.35 Billion |
| 2013 | 2.50% | 19.59% | 0.07x | 1.79x | $-1.03 Billion |
| 2014 | 4.55% | 36.13% | 0.07x | 1.85x | $-761.37 Million |
| 2015 | 4.72% | 39.57% | 0.07x | 1.70x | $-972.64 Million |
| 2016 | 6.56% | 47.76% | 0.08x | 1.64x | $-635.88 Million |
| 2017 | 8.83% | 63.11% | 0.09x | 1.58x | $-218.25 Million |
| 2018 | 6.39% | 58.81% | 0.07x | 1.49x | $-930.73 Million |
| 2019 | 6.94% | 47.23% | 0.08x | 1.77x | $-692.35 Million |
| 2020 | 4.63% | 33.38% | 0.08x | 1.75x | $-1.72 Billion |
| 2021 | 7.79% | 61.77% | 0.08x | 1.55x | $-834.50 Million |
| 2022 | 6.32% | 56.33% | 0.07x | 1.65x | $-1.96 Billion |
| 2023 | 5.75% | 38.13% | 0.09x | 1.75x | $-2.26 Billion |
| 2024 | 6.92% | 45.50% | 0.09x | 1.77x | $-1.66 Billion |
| 2025 | 6.41% | 38.80% | 0.09x | 1.86x | $-1.91 Billion |
Industry Comparison
This section compares Prologis Inc's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $1,292,811,200
- Average return on equity (ROE) among peers: 3.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prologis Inc (PLD) | $58.12 Billion | 1.09% | 0.74x | $129.13 Billion |
| Americold Realty Trust (COLD) | $261.01 Million | -8.11% | 8.19x | $4.15 Billion |
| CubeSmart (CUBE) | $2.95 Billion | 13.24% | 1.16x | $8.76 Billion |
| EastGroup Properties Inc (EGP) | $368.75 Million | 5.54% | 0.98x | $10.85 Billion |
| Extra Space Storage Inc (EXR) | $2.92 Billion | 14.37% | 1.92x | $28.52 Billion |
| First Industrial Realty Trust Inc (FR) | $1.09 Billion | 4.50% | 1.37x | $8.20 Billion |
| Granite Real Estate Investment Trust (GRTUF) | $5.28 Billion | 2.59% | 0.72x | $3.62 Billion |
| Innovative Industrial Properties Inc (IIPR) | $1.52 Billion | 4.31% | 0.16x | $1.43 Billion |
| Industrial Logistics Properties Trust (ILPT) | $1.04 Billion | 11.53% | 0.84x | $511.99 Million |
| Lineage, Inc. Common Stock (LINE) | $-3.81 Billion | 0.00% | 0.00x | $8.54 Billion |
| LXP Industrial Trust (LXP) | $1.30 Billion | -16.20% | 1.76x | $3.10 Billion |
About Prologis Inc
Prologis, Inc. don't just lead the industry, they define it. The firm creates the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, their ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a categ… Read more