Revenue
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.60B | $3.88B | $3.63B | $3.06B | $4.21B | $1.76B | $1.77B | $958.5M | $1.48B | $964.8M | $814.4M | $603.9M | $478.7M | $334.0M |
| Operating expenses | $4.71B | $2.94B | $2.80B | $2.75B | $3.41B | $1.45B | $1.46B | $870.4M | $1.50B | $1.02B | $769.0M | $860.0M | $801.9M | $758.5M |
| Operating income | $892.7M | $946.1M | $834.0M | $306.4M | — | — | — | — | — | — | — | — | — | — |
| Operating margin | 15.94% | 24.35% | 22.96% | 10.03% | — | — | — | — | — | — | — | — | — | — |
| EBITDA | $2.30B | $2.41B | $2.43B | $1.33B | — | — | — | — | — | — | — | — | — | — |
| EBITDA margin | 41.02% | 62.09% | 66.79% | 43.69% | — | — | — | — | — | — | — | — | — | — |
| Net income | $527.4M | $463.7M | $474.3M | $167.5M | $408.8M | $152.1M | $148.9M | $57.0M | $76.2M | $111.8M | $19.4M | $35.0M | $813.4M | $1.24B |
| Net profit margin | 9.41% | 11.94% | 13.06% | 5.48% | 9.71% | 8.62% | 8.43% | 5.95% | 5.15% | 11.59% | 2.38% | 5.79% | 169.93% | 369.92% |
| Basic EPSper basic share | $1.71 | $2.04 | $2.44 | $0.87 | — | — | — | — | — | — | — | — | — | — |
| Diluted EPSper diluted share | $1.70 | $2.04 | $2.42 | $0.87 | — | — | — | — | — | — | — | — | — | — |
Reported shareholders
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Feb 20, 2026Form 4 | Olian Judy D.Director | BuyClass A Common Stock | 480 | $124.43 | $59.7K | 29.7K |
| Feb 6, 2026Form 4 | BHUTANI ASHISHDirector | BuyClass A Common Stock | 10.0K | $126.61 | $1.27M | 34.1K |
| Feb 4, 2026Form 4 · 10b5-1 | Sagati Aghili NaseemGeneral Counsel | SellClass A Common Stock | 1.2K | $137.72 | $165.3K | 326.9K |
| Feb 4, 2026Form 4 · 10b5-1 | Sagati Aghili NaseemGeneral Counsel | SellClass A Common Stock | 611 | $136.74 | $83.5K | 328.1K |
| Feb 4, 2026Form 4 · 10b5-1 | Sagati Aghili NaseemGeneral Counsel | SellClass A Common Stock | 1.1K | $135.28 | $150.2K | 328.7K |
Ares ($ARES) and PSP Investments established a joint venture that can invest up to $2.4 billion in US logistics real estate. The partnership is seeded with 14 properties totaling approximately 5.2 million square feet across California, Texa ...