NYSE$PLD

Prologis Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Prologis's Q1 2022 performance reflected strong demand and strategic capital deployment.

Prologis reported strong performance in Q1 2022, driven by high-barrier, high-growth markets. The company owned or had investments in approximately 1.0 billion square feet of properties and development projects as of March 31, 2022.

  • Core FFO was a key performance indicator.
  • The company has approximately 1.0 billion square feet of properties and development projects.
  • Prologis leases modern logistics facilities to a diverse base of approximately 5,800 customers.
  • Lease proposals averaged 24 million square feet.

Headline financials

Total Revenue

$1.22B

Previous: $1.15B+6.2%
EPS (adj)

$1.09

Previous: $0.97+12.4%
Capital Expenditures

-$1.09B

Previous: -$649M-68.1%
Free Cash Flow

$59.8M

Previous: -$282M+121.2%
Net Income

$1.15B

Previous: $367M+213.3%
Operating Income

$1.21B

Previous: $532M+126.6%
Gross Profit

$943M

Previous: $870M+8.4%
Cash & Equivalents

$1.91B

Previous: $676M+182.9%
Total Assets

$59.8B

Previous: $55.7B+7.3%
Stock-Based Comp

$41.4M

Previous: $34.6M+19.8%

Revenue & EPS history

Prologis · Revenue · Quarterly

$1.22B

Q1 2022+6.2%vs Q1 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Prologis · $137M total across 1 segment · Q3 2023

  • Strategic Capital
    $137M-77.0%

Forward guidance

The company's guidance for 2022 is based on management’s current beliefs and assumptions about our business, the industry and the markets in which we operate.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.7%

Avg return

30 days after

56%

37 / 66 earnings

Positive

+6.3%

Q3 2025

Best reaction

-8.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%+1.5%+0.6%
Q4 2025-1.9%-3.3%+8.2%
Q3 2025+6.3%+10.2%+6.4%
Q2 2025-0.3%+4.3%+8.6%
Q1 2025+1.8%+0.2%+12.3%
Q4 2024+5.2%+8.6%+10.4%
Q3 2024+1.1%-3.0%-6.6%
Q2 2024+0.9%+4.3%+1.1%
Q1 2024-8.8%-9.3%-2.8%
Q4 2023-2.9%-0.9%+2.6%
Q3 2023-5.9%-7.7%-0.6%
Q2 2023-4.1%-2.0%-6.1%
Q1 2023+1.6%+0.4%-0.9%
Q4 2022-0.1%+3.8%+3.2%
Q3 2022-3.2%-2.3%+8.2%
Q2 2022+3.4%+4.9%+13.5%
Q1 2022+5.9%+3.5%-26.6%
Q4 2021+0.5%-0.1%-7.1%
Q3 2021+3.0%+5.7%+9.6%
Q2 2021+0.6%+0.5%+4.1%
Q1 2021+1.9%+2.1%+2.5%
Q4 2020+0.6%+0.5%-1.3%
Q3 2020-0.4%+0.2%-2.9%
Q2 2020+3.9%+5.5%+8.4%
Q1 2020-0.7%+0.6%-2.4%
Q4 2019+0.1%-0.6%+3.8%
Q3 2019+3.2%+3.9%+3.3%
Q2 2019+2.1%+1.0%+1.6%
Q1 2019-2.0%-0.2%+4.3%
Q4 2018+0.6%+2.0%+9.8%
Q3 2018-0.3%+0.8%+5.8%
Q2 2018-3.2%-4.0%+0.9%
Q1 2018+4.9%+3.8%+1.1%
Q4 2017+2.2%+2.0%-5.0%
Q3 2017+0.5%-0.9%+3.2%
Q2 2017+2.7%+0.8%+4.8%
Q1 2017-1.7%-1.6%-0.9%
Q4 2016-2.0%-6.8%-4.3%
Q3 2016+0.2%+0.6%-6.4%
Q2 2016-0.0%+1.8%+3.5%
Q1 2016-0.2%
Q4 2015+3.3%
Q3 2015+1.2%
Q2 2015+1.2%
Q1 2015-1.6%
Q4 2014+1.2%
Q3 2014+1.8%
Q2 2014+1.1%
Q1 2014-1.1%
Q4 2011-0.0%
Q4 2013+4.7%
Q3 2013-0.6%
Q2 2013-1.9%
Q1 2013-1.2%
Q4 2012-2.1%
Q3 2012-1.7%
Q2 2012+2.7%
Q1 2012+0.4%
Q4 2009+0.6%
Q1 2010+0.6%
Q3 2011-6.0%
Q2 2011-5.4%
Q4 2010-5.4%
Q1 2011+1.1%
Q3 2010+0.8%
Q2 2010-0.4%

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