Company / Operating Margin
Prologis Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
41.0%
FY2025
5-year range
41.0% / 67.4%
FY2021-FY2025
Trend
-23.8%
vs FY2024
Sector context
#25 of 70
Real Estate
What the data says
At 41.0%, Prologis's operating margin ranks #25 of 70 in the Real Estate sector. Operating Margin has fluctuated over the past 10 years, ranging from 26.4% in FY2016 to 74.6% in FY2017.
Based on SEC 10-K filings.
41.0% in FY2025 with a 5-year CAGR of -6.7%.
Declined from 46.2% to 41.0% over the past 2 years.
Real Estate sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -17.0pp
- 5-Year Change
- -6.7pp
- 10-Year Change
- -
Sector benchmark
#25 of 70 in Real EstateTop 36% of 70This company 41.0% Sector average 27.4%
▼
+49.8% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 23.8% year-over-year.
- Currently 13.6pp above the Real Estate sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.53 (distress zone, below 1.8 threshold)
- Strong profit margin: 45.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 41.0% | -23.8% |
| FY2024 | 53.8% | +16.5% |
| FY2023 | 46.2% | -20.4% |
| FY2022 | 58.1% | -13.8% |
| FY2021 | 67.4% | +41.1% |
| FY2020 | 47.7% | -14.0% |
| FY2019 | 55.5% | -7.7% |
| FY2018 | 60.2% | -19.4% |
| FY2017 | 74.6% | +182.9% |
| FY2016 | 26.4% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026