Prologis annual debt-to-equity ratio
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Prologis Debt-to-Equity Ratio Growth & History (PLD)
Prologis's debt-to-equity ratio was 0.67 for fiscal 2025.
View full Prologis company overviewPrologis annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.67 | 0.09 | +14.91% |
| 2024 | 2024-12-31 | 0.58 | 0.03 | +4.89% |
| 2023 | 2023-12-31 | 0.56 | 0.10 | +20.86% |
| 2022 | 2022-12-31 | 0.46 | 0.44 | +2219.03% |
| 2021 | 2021-12-31 | 0.02 | −0.52 | −96.34% |
| 2020 | 2020-12-31 | 0.54 | −0.00 | −0.76% |
| 2019 | 2019-12-31 | 0.55 | 0.05 | +9.86% |
| 2018 | 2018-12-31 | 0.50 | −0.10 | −17.41% |
| 2017 | 2017-12-31 | 0.60 | −0.11 | −14.90% |
| 2016 | 2016-12-31 | 0.71 | −0.09 | −10.73% |
| 2015 | 2015-12-31 | 0.79 | 0.12 | +18.10% |
| 2014 | 2014-12-31 | 0.67 | 0.01 | +2.13% |
| 2013 | 2013-12-31 | 0.66 | −0.24 | −27.15% |
| 2012 | 2012-12-31 | 0.90 | 0.07 | +8.29% |
| 2011 | 2011-12-31 | 0.83 | −0.03 | −3.89% |
| 2010 | 2010-12-31 | 0.87 | — | — |
Prologis quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.68 | 0.01 | +1.33% |
| Q1 2026 | 2026-03-31 | 0.66 | 0.04 | +7.28% |
| Q4 2025 | 2025-12-31 | 0.67 | 0.09 | +14.91% |
| Q3 2025 | 2025-09-30 | 0.68 | 0.06 | +10.04% |
| Q2 2025 | 2025-06-30 | 0.67 | 0.10 | +17.02% |
| Q1 2025 | 2025-03-31 | 0.62 | 0.05 | +8.52% |
| Q4 2024 | 2024-12-31 | 0.58 | 0.03 | +4.89% |
| Q3 2024 | 2024-09-30 | 0.62 | 0.10 | +18.10% |
| Q2 2024 | 2024-06-30 | 0.57 | 0.03 | +6.32% |
| Q1 2024 | 2024-03-31 | 0.57 | 0.08 | +16.10% |
| Q4 2023 | 2023-12-31 | 0.56 | 0.10 | +20.86% |
| Q3 2023 | 2023-09-30 | 0.53 | −0.00 | −0.71% |
| Q2 2023 | 2023-06-30 | 0.54 | 0.00 | +0.42% |
| Q1 2023 | 2023-03-31 | 0.49 | −0.06 | −11.25% |
| Q4 2022 | 2022-12-31 | 0.46 | 0.44 | +2219.03% |
| Q3 2022 | 2022-09-30 | 0.53 | −0.01 | −2.07% |
| Q2 2022 | 2022-06-30 | 0.54 | −0.01 | −1.09% |
| Q1 2022 | 2022-03-31 | 0.55 | 0.02 | +3.81% |
| Q4 2021 | 2021-12-31 | 0.02 | −0.52 | −96.34% |
| Q3 2021 | 2021-09-30 | 0.54 | 0.01 | +2.17% |
| Q2 2021 | 2021-06-30 | 0.54 | 0.04 | +8.11% |
| Q1 2021 | 2021-03-31 | 0.53 | 0.03 | +5.69% |
| Q4 2020 | 2020-12-31 | 0.54 | −0.00 | −0.76% |
| Q3 2020 | 2020-09-30 | 0.53 | 0.00 | +0.10% |
| Q2 2020 | 2020-06-30 | 0.50 | −0.01 | −1.61% |
| Q1 2020 | 2020-03-31 | 0.50 | 0.00 | +0.90% |
| Q4 2019 | 2019-12-31 | 0.55 | 0.05 | +9.86% |
| Q3 2019 | 2019-09-30 | 0.53 | 0.02 | +3.58% |
| Q2 2019 | 2019-06-30 | 0.51 | −0.09 | −15.52% |
| Q1 2019 | 2019-03-31 | 0.50 | −0.11 | −17.64% |
| Q4 2018 | 2018-12-31 | 0.50 | −0.10 | −17.41% |
| Q3 2018 | 2018-09-30 | 0.51 | −0.12 | −18.48% |
| Q2 2018 | 2018-06-30 | 0.60 | −0.14 | −19.24% |
| Q1 2018 | 2018-03-31 | 0.60 | −0.14 | −18.87% |
| Q4 2017 | 2017-12-31 | 0.60 | −0.11 | −14.90% |
| Q3 2017 | 2017-09-30 | 0.63 | −0.14 | −17.78% |
| Q2 2017 | 2017-06-30 | 0.75 | −0.01 | −1.42% |
| Q1 2017 | 2017-03-31 | 0.74 | −0.06 | −6.89% |
| Q4 2016 | 2016-12-31 | 0.71 | −0.09 | −10.73% |
| Q3 2016 | 2016-09-30 | 0.76 | −0.06 | −6.74% |
| Q2 2016 | 2016-06-30 | 0.76 | −0.07 | −8.11% |
| Q1 2016 | 2016-03-31 | 0.80 | 0.21 | +35.08% |
| Q4 2015 | 2015-12-31 | 0.79 | 0.12 | +18.10% |
| Q3 2015 | 2015-09-30 | 0.82 | 0.16 | +24.25% |
| Q2 2015 | 2015-06-30 | 0.82 | 0.20 | +31.11% |
| Q1 2015 | 2015-03-31 | 0.59 | −0.06 | −9.54% |
| Q4 2014 | 2014-12-31 | 0.67 | 0.01 | +2.13% |
| Q3 2014 | 2014-09-30 | 0.66 | −0.01 | −1.00% |
| Q2 2014 | 2014-06-30 | 0.63 | 0.02 | +3.03% |
| Q1 2014 | 2014-03-31 | 0.65 | −0.07 | −9.95% |
| Q4 2013 | 2013-12-31 | 0.66 | −0.24 | −27.15% |
| Q3 2013 | 2013-09-30 | 0.66 | −0.27 | −28.93% |
| Q2 2013 | 2013-06-30 | 0.61 | −0.31 | −33.93% |
| Q1 2013 | 2013-03-31 | 0.73 | −0.18 | −19.58% |
| Q4 2012 | 2012-12-31 | 0.90 | 0.07 | +8.29% |
| Q3 2012 | 2012-09-30 | 0.93 | 0.06 | +7.01% |
| Q2 2012 | 2012-06-30 | 0.92 | 0.08 | +9.34% |
| Q1 2012 | 2012-03-31 | 0.90 | — | — |
| Q4 2011 | 2011-12-31 | 0.83 | −0.03 | −3.89% |
| Q3 2011 | 2011-09-30 | 0.87 | — | — |
| Q2 2011 | 2011-06-30 | 0.84 | — | — |
| Q4 2010 | 2010-12-31 | 0.87 | — | — |
Prologis debt-to-equity ratio trends
Over the last five fiscal years, Prologis's debt-to-equity ratio increased from 0.54 to 0.67, a change of 0.13. The latest reported quarter, Q2 2026, shows 0.68.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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