Prologis, Inc.
$163.10B- Market cap
- $129.21B
- Debt
- +$35.04B
- Cash
- −$1.15B
Capital structure 79% equity / 21% debt · EV / Revenue 18.56x · EV / EBITDA 30.17x
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
PLD · price snapshotP/E 38.93x
$138.59Snapshot Sep 8, 2026, 2:08 PM ET
Implied fair value · at DLR's multiple
—
Needs DLR P/E.
DLR · price snapshot
—Price unavailable
Implied fair value · at PLD's multiple
$139.37
3.58 DLR Annual EPS×38.93x PLD P/E=$139.37
Metric by metric
Smart diff
Where each company leads, and how wide the gap is.
6 metrics shown
MetricPLDDLRDifference (PLD − DLR)
Revenue growth (YoY)
Growth lag
7.2%
10.0%
DLR: higher Revenue growth (YoY) by 2.9 percentage points
Gross margin
Pricing power
N/M
N/M
Insufficient data
EBITDA margin
Operating leverage
61.5%
35.3%
PLD: higher EBITDA margin by 26.2 percentage points
EV/Revenue
Lower is better
18.56x
N/M
Insufficient data
P/E
Not comparable
38.93x
N/M
Not comparable
Net debt / EBITDA
Lower leverage
6.3
8.1
PLD: lower Net debt / EBITDA by 1.8
Statements
Side-by-side financials
Core statements aligned to each company's latest fiscal year.
Income statement · USDPLD · FY 2025DLR · FY 2025Delta
Revenue$8.79B$6.11B+$2.68B
Gross profit———
Operating income$4.36B$658.49M+$3.70B
EBITDA$5.41B$2.16B+$3.25B
Net income$3.33B$1.31B+$2.02B
EPS3.63.6−0.0
Revenue growth7.2%10.0%−2.9 pp
Gross margin———
Operating margin49.6%10.8%+38.8 pp
EBITDA margin61.5%35.3%+26.2 pp
Net margin37.9%21.4%+16.5 pp
SEC periods: PLD FY 2025 (ended Dec 31, 2025) · DLR FY 2025 (ended Dec 31, 2025).
Trendline
Historical trends
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
PLDDLR
Price framework
Enterprise value
Market cap plus debt, less cash.
Digital Realty Trust, Inc.
Price framework
Intrinsic value (DCF)
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Prologis, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
DIGITAL REALTY TRUST, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Solvency
Financial health checks to separate durable balance sheets from potential value traps.
Piotroski F-Score
Financial strength on a 0–9 scale.
4/ 9 · PLDModerate
6/ 9 · DLRModerate
Altman Z-Score
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Relative positioning
Where the pair sits against the wider comparable set.
Keep comparing
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