Prologis, Inc. (PLD) FCF Payout Ratio: 77.17%
Is Prologis, Inc.’s FCF payout ratio high or low?
Prologis, Inc.'s FCF payout ratio of 77.17% is in line with its 5-year average of 75.79%, around the middle of its 5-year range (60.09%–102.03%).
The FCF payout ratio for Prologis, Inc. (PLD) is 77.17%. It is above its 12-month average by 4.39% (73.93%).
PLD FCF Payout Ratio Chart
PLD Average FCF Payout Ratio Chart
PLD Current vs Average FCF Payout Ratio Chart
PLD FCF Payout Ratio Metrics
FCF PAYOUT RATIO
77.17%
FCF PAYOUT RATIO AVG TTM
73.93%
FCF PAYOUT RATIO AVG 3Y
69.43%
FCF PAYOUT RATIO AVG 5Y
75.79%
FCF PAYOUT RATIO AVG 10Y
79.07%
FCF PAYOUT RATIO AVG 15Y
90.57%
FCF PAYOUT RATIO AVG 20Y
90.57%
CURRENT VS TTM AVG
+4.39%
CURRENT VS 3Y AVG
+11.15%
CURRENT VS 5Y AVG
+1.82%
CURRENT VS 10Y AVG
-2.40%
CURRENT VS 15Y AVG
-14.80%
CURRENT VS 20Y AVG
-14.80%
Payout Ratio Comparison
FCF Payout Ratio
77.2%
Earnings Payout Ratio
114.8%
Dividend Yield
2.81%
FCF Yield
3.57%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $5.01B | $3.76B | 75.2% |
| 2024 | $4.91B | $3.57B | 72.7% |
| 2023 | $5.37B | $3.23B | 60.1% |
| 2022 | $3.58B | $2.49B | 69.8% |
| 2021 | $2.50B | $1.87B | 75.0% |
| 2020 | $1.69B | $1.72B | 102.0% |
| 2019 | $1.94B | $1.35B | 69.3% |
| 2018 | $887.86M | $1.12B | 126.5% |
| 2017 | $1.58B | $942.88M | 59.8% |
| 2016 | $1.32B | $893.46M | 67.9% |
| 2015 | $880.06M | $804.70M | 91.4% |
| 2014 | $625.92M | $672.19M | 107.4% |
| 2013 | $402.38M | $573.85M | 142.6% |
| 2012 | $382.88M | $567.83M | 148.3% |
| 2011 | ($874.43M) | $414.10M | N/A (Loss) |
| 2010 | ($20.16M) | $306.07M | N/A (Loss) |
| 2009 | ($160.07M) | $143.17M | N/A (Loss) |
| 2008 | ($915.35M) | $286.48M | N/A (Loss) |
| 2007 | ($1.12B) | $349.47M | N/A (Loss) |
| 2006 | ($1.15B) | $174.27M | N/A (Loss) |
| 2005 | ($790.83M) | $154.07M | N/A (Loss) |
| 2004 | ($701.82M) | $145.95M | N/A (Loss) |
| 2003 | ($489.60M) | $152.24M | N/A (Loss) |
| 2002 | ($274.29M) | $112.08M | N/A (Loss) |
| 2001 | ($336.14M) | $141.98M | N/A (Loss) |
| 2000 | ($537.80M) | $130.68M | N/A (Loss) |
| 1999 | ($389.43M) | $160.57M | N/A (Loss) |
| 1998 | ($387.12M) | $114.70M | N/A (Loss) |
| 1997 | ($214.59M) | $16.40M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Prologis, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Prologis, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Prologis, Inc. (PLD)?
- The FCF payout ratio for PLD stock is 77.17%.
- Is Prologis, Inc.'s FCF payout ratio high or low?
- Prologis, Inc.'s FCF payout ratio of 77.17% is in line with its 5-year average of 75.79%, around the middle of its 5-year range (60.09%–102.03%).
- What is the TTM average FCF payout ratio for Prologis, Inc. (PLD)?
- The TTM average FCF payout ratio for PLD stock is 73.93%.
- What is the 3Y average FCF payout ratio for Prologis, Inc. (PLD)?
- The 3Y average FCF payout ratio for PLD stock is 69.43%.
- What is the 5Y average FCF payout ratio for Prologis, Inc. (PLD)?
- The 5Y average FCF payout ratio for PLD stock is 75.79%.
- What is the 10Y average FCF payout ratio for Prologis, Inc. (PLD)?
- The 10Y average FCF payout ratio for PLD stock is 79.07%.
- What is the 15Y average FCF payout ratio for Prologis, Inc. (PLD)?
- The 15Y average FCF payout ratio for PLD stock is 90.57%.
- What is the 20Y average FCF payout ratio for Prologis, Inc. (PLD)?
- The 20Y average FCF payout ratio for PLD stock is 90.57%.
Prologis, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 75.17% |
| 2024-12-31 | 72.69% |
| 2023-12-31 | 60.09% |
| 2022-12-31 | 69.77% |
| 2021-12-31 | 75.00% |
| 2020-12-31 | 102.03% |
| 2019-12-31 | 69.30% |
| 2018-12-31 | 126.53% |
| 2017-12-31 | 59.80% |
| 2016-12-31 | 67.93% |
| 2015-12-31 | 91.44% |
| 2014-12-31 | 107.39% |
| 2013-12-31 | 142.62% |
| 2012-12-31 | 148.31% |
About Prologis, Inc.
Prologis, Inc. is the undisputed global leader in logistics real estate, strategically focusing its operations on high-barrier, high-growth markets. As of December 31, 2020, the company's extensive portfolio spanned approximately 984 million square feet (91 million square meters) of both existing properties and planned development projects, located across 19 countries. This significant footprint is managed through a blend of wholly-owned assets and co-investment ventures. Prologis leases its contemporary logistics facilities to a diverse client base of roughly 5,500 customers, primarily serving business-to-business (B2B) and retail/online fulfillment needs.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Daniel Stephen Letter