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Prologis ( (PLD) ) just unveiled an update.
On January 21, 2025, Prologis, Inc. announced its financial results for the fourth quarter of 2024, revealing strong performance with total revenues of $8.2 billion for the year, up from $8.0 billion in 2023. The company’s net earnings attributable to common stockholders increased significantly to $3.7 billion from the previous year’s $3.1 billion, highlighting its effective strategies in its core real estate and strategic capital business lines. This financial growth positions Prologis strongly in the logistics real estate industry, benefiting its stakeholders through increased dividends and development gains.
More about Prologis
Prologis, Inc. is a global leader in logistics real estate, focusing on high-barrier, high-growth markets. As of December 31, 2024, the company owned or had investments in approximately 1.3 billion square feet of properties and development projects across 20 countries. Prologis leases modern logistics facilities to a diverse customer base, primarily in business-to-business and retail/online fulfillment sectors.
YTD Price Performance: 5.01%
Average Trading Volume: 4,141,902
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $103.9B
For an in-depth examination of PLD stock, go to TipRanks’ Stock Analysis page.
