Real Estate
A REIT has more than one earnings lens — PLD
Rental and strategic-capital activity have different revenue mechanics.
Rental and strategic-capital activity have different revenue mechanics. Common-stockholder income also differs from consolidated income because of ownership allocations. FFO and AFFO are supplementary measures, not substitutes for GAAP profit, and should be read with the definitions and reconciliation. Reporting context Prologis reports logistics real estate and strategic-capital activities. Detailed GAAP statement amounts are converted from thousands to millions without changing the underlying precision. Most recent quarterly earnings results located in official disclosures at the review cutoff. How to read the figures The selected results are for Q3 2026, ended 2026-09-30. Results were released on 2026-10-15 and the source was reviewed on 2026-11-15. Retain each row’s unit, accounting basis and precision note when making comparisons. Analytical boundary This note identifies relationships and questions in the disclosure. It does not establish a cause from one aggregate ratio or predict a security’s future performance. Consult the linked statement and reconciliation for the company’s own definitions.