Prologis, Inc. (PLD)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business: Prologis owns and operates industrial logistics real estate—warehouses, distribution centers, and the infrastructure of global commerce. Scale and location can create a durable advantage, but I must judge it through REIT accounting. Depreciation distorts EPS and P/E, so the Graham Number and margin-of-safety test do not apply here. FFO/AFFO, the right REIT measures, are not in the data. Instead I lean on dividend yield, leverage, revenue trend, and price-to-book.

In plain English: Prologis owns large warehouses and logistics properties that help goods move around the world. The business looks reasonably strong because revenue has grown and it pays a moderate dividend, but the latest full-year profit slipped. At the recent price, the shares look fair to a little expensive compared with reported earnings and book value; property accounting rules can make those numbers hard to read.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · fiscal Q2 2025 10-K (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer