Prologis annual net debt
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2025
Prologis Net Debt Growth & History (PLD)
Prologis's net debt was $34.53B for fiscal 2025.
View full Prologis company overviewPrologis annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $34.53B | $4.36B | +14.45% |
| 2024 | 2024-12-31 | $30.18B | $1.11B | +3.81% |
| 2023 | 2023-12-31 | $29.07B | $4.83B | +19.93% |
| 2022 | 2022-12-31 | $24.24B | $24.13B | +22394.57% |
| 2021 | 2021-12-31 | $107.7M | −$16.63B | −99.36% |
| 2020 | 2020-12-31 | $16.74B | $5.45B | +48.27% |
| 2019 | 2019-12-31 | $11.29B | $542.7M | +5.05% |
| 2018 | 2018-12-31 | $10.75B | $1.78B | +19.86% |
| 2017 | 2017-12-31 | $8.97B | −$835.4M | −8.52% |
| 2016 | 2016-12-31 | $9.80B | −$1.56B | −13.74% |
| 2015 | 2015-12-31 | $11.36B | $2.33B | +25.84% |
| 2014 | 2014-12-31 | $9.03B | $509.4M | +5.98% |
| 2013 | 2013-12-31 | $8.52B | −$3.17B | −27.12% |
| 2012 | 2012-12-31 | $11.69B | $483.6M | +4.32% |
| 2011 | 2011-12-31 | $11.21B | $4.74B | +73.25% |
| 2010 | 2010-12-31 | $6.47B | — | — |
Prologis quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $34.68B | $446.6M | +1.30% |
| Q1 2026 | 2026-03-31 | $34.45B | $2.23B | +6.92% |
| Q4 2025 | 2025-12-31 | $34.53B | $4.36B | +14.45% |
| Q3 2025 | 2025-09-30 | $34.74B | $2.60B | +8.10% |
| Q2 2025 | 2025-06-30 | $34.23B | $4.31B | +14.42% |
| Q1 2025 | 2025-03-31 | $32.22B | $2.57B | +8.66% |
| Q4 2024 | 2024-12-31 | $30.18B | $1.11B | +3.81% |
| Q3 2024 | 2024-09-30 | $32.13B | $4.71B | +17.17% |
| Q2 2024 | 2024-06-30 | $29.92B | $1.68B | +5.95% |
| Q1 2024 | 2024-03-31 | $29.65B | $4.38B | +17.32% |
| Q4 2023 | 2023-12-31 | $29.07B | $4.83B | +19.93% |
| Q3 2023 | 2023-09-30 | $27.42B | $9.39B | +52.11% |
| Q2 2023 | 2023-06-30 | $28.24B | $10.15B | +56.11% |
| Q1 2023 | 2023-03-31 | $25.27B | $8.39B | +49.67% |
| Q4 2022 | 2022-12-31 | $24.24B | $24.13B | +22394.57% |
| Q3 2022 | 2022-09-30 | $18.03B | $1.06B | +6.25% |
| Q2 2022 | 2022-06-30 | $18.09B | $1.30B | +7.73% |
| Q1 2022 | 2022-03-31 | $16.89B | $600.0M | +3.68% |
| Q4 2021 | 2021-12-31 | $107.7M | −$16.63B | −99.36% |
| Q3 2021 | 2021-09-30 | $16.97B | $943.3M | +5.89% |
| Q2 2021 | 2021-06-30 | $16.79B | $1.18B | +7.58% |
| Q1 2021 | 2021-03-31 | $16.29B | $919.3M | +5.98% |
| Q4 2020 | 2020-12-31 | $16.74B | $5.45B | +48.27% |
| Q3 2020 | 2020-09-30 | $16.03B | $5.16B | +47.49% |
| Q2 2020 | 2020-06-30 | $15.61B | $4.64B | +42.26% |
| Q1 2020 | 2020-03-31 | $15.37B | $4.52B | +41.66% |
| Q4 2019 | 2019-12-31 | $11.29B | $542.7M | +5.05% |
| Q3 2019 | 2019-09-30 | $10.87B | −$90.2M | −0.82% |
| Q2 2019 | 2019-06-30 | $10.97B | $2.07B | +23.27% |
| Q1 2019 | 2019-03-31 | $10.85B | $1.85B | +20.50% |
| Q4 2018 | 2018-12-31 | $10.75B | $1.78B | +19.86% |
| Q3 2018 | 2018-09-30 | $10.96B | $1.80B | +19.71% |
| Q2 2018 | 2018-06-30 | $8.90B | −$1.91B | −17.68% |
| Q1 2018 | 2018-03-31 | $9.00B | −$1.57B | −14.84% |
| Q4 2017 | 2017-12-31 | $8.97B | −$835.4M | −8.52% |
| Q3 2017 | 2017-09-30 | $9.15B | −$1.73B | −15.89% |
| Q2 2017 | 2017-06-30 | $10.81B | $3.4M | +0.03% |
| Q1 2017 | 2017-03-31 | $10.57B | −$746.3M | −6.59% |
| Q4 2016 | 2016-12-31 | $9.80B | −$1.56B | −13.74% |
| Q3 2016 | 2016-09-30 | $10.88B | −$742.0M | −6.38% |
| Q2 2016 | 2016-06-30 | $10.81B | −$963.1M | −8.18% |
| Q1 2016 | 2016-03-31 | $11.32B | $2.87B | +33.94% |
| Q4 2015 | 2015-12-31 | $11.36B | $2.33B | +25.84% |
| Q3 2015 | 2015-09-30 | $11.62B | $3.11B | +36.57% |
| Q2 2015 | 2015-06-30 | $11.77B | $3.51B | +42.46% |
| Q1 2015 | 2015-03-31 | $8.45B | −$232.3M | −2.68% |
| Q4 2014 | 2014-12-31 | $9.03B | $509.4M | +5.98% |
| Q3 2014 | 2014-09-30 | $8.51B | −$486.6M | −5.41% |
| Q2 2014 | 2014-06-30 | $8.26B | $230.1M | +2.87% |
| Q1 2014 | 2014-03-31 | $8.68B | $393.0M | +4.74% |
| Q4 2013 | 2013-12-31 | $8.52B | −$3.17B | −27.12% |
| Q3 2013 | 2013-09-30 | $9.00B | −$3.42B | −27.55% |
| Q2 2013 | 2013-06-30 | $8.03B | −$4.11B | −33.84% |
| Q1 2013 | 2013-03-31 | $8.29B | −$3.75B | −31.14% |
| Q4 2012 | 2012-12-31 | $11.69B | $483.6M | +4.32% |
| Q3 2012 | 2012-09-30 | $12.42B | $489.3M | +4.10% |
| Q2 2012 | 2012-06-30 | $12.14B | $280.9M | +2.37% |
| Q1 2012 | 2012-03-31 | $12.04B | — | — |
| Q4 2011 | 2011-12-31 | $11.21B | $4.74B | +73.25% |
| Q3 2011 | 2011-09-30 | $11.93B | — | — |
| Q2 2011 | 2011-06-30 | $11.86B | — | — |
| Q4 2010 | 2010-12-31 | $6.47B | — | — |
Prologis net debt trends
Over the last five fiscal years, Prologis's net debt increased from $16.74B to $34.53B, a change of $17.80B. The latest reported quarter, Q2 2026, shows $34.68B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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