PLD

NYSE

Prologis, Inc.

Real Estate, Industrial REITs

$140.16

close 7 Aug 2026

+34.67%

52-week change

$130.67B

market cap

$103.41

$153.35

52-week range

Expected price

$121.92 – $149.02

Current price

$140.16

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)35.30x

P/S (TTM)14.60x

P/B2.44x

EV/EBITDA (TTM)22.31x

FCF yield (TTM)2.98%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average34.84x

P/E, sector median34.68x*

Price at 5-year median P/E$138.89*

Indicated dividend yield3.05%

Forward — analyst consensus

Forward P/E (FY2026)42.09x*

Forward P/E (FY2027)41.16x

Forward PEG18.69*

Consensus EPS FY2026 (4 analysts)$3.33

EPS growth (FY2026→FY2027)2.25%

Revenue growth (FY2026)7.07%

Street view

Price target (mean)$158.31*

Target upside12.95%

Ratings (buy / hold / sell)10 / 7 / 0

FY2026 EPS revisions, 30d (up / down)1 / 0

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 30 Apr 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +13.57%10Y CAGR +12%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$140.16

Cash & equivalents$861.14M

Total debt$35.19B

Shares outstanding932.28M

Result

DCF price per share$147.43

Current price$140.16

Margin of safety+5.19%

PV of years 1–10$51.86B

PV of terminal value$119.93B

Equity value$137.45B

Market-implied growth+13.05%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$4.42B	$5.02B	$5.70B	$6.47B	$7.35B	$8.35B	$9.48B	$10.77B	$12.23B	$13.89B	$258.92B
PV	$4.09B	$4.30B	$4.53B	$4.76B	$5.00B	$5.26B	$5.53B	$5.82B	$6.12B	$6.44B	$119.93B

period to 31 Mar 2026, filed 30 Apr 2026, close 7 Aug 2026