PrologisWBO:PRLD +0.04%85 FCF Margin % is 56.06% as of Mar. 2026, which is 12% below its 10-year median of 63.63. GuruFocus rates WBO:PRLD with a GF Score™ of 85/100 and a GF Value™ of €115.55 (Fairly Valued). The stock has 10 warning signs investors should review. Among 936 REITs companies, Prologis ranks better than 66.88% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Prologis's Free Cash Flow for the
three
months ended in Mar. 2026 was €1,114 Mil. Prologis's Revenue for the
three
months ended in Mar. 2026 was €1,988 Mil. Therefore, Prologis's FCF Margin % for the quarter that ended in Mar. 2026 was 56.06%.
The historical rank and industry rank for Prologis's FCF Margin % or its related term are showing as below:
WBO:PRLD'
s FCF Margin % Range Over the Past 10 Years
Min: 51.92 Med: 63.63 Max: 69.08
Current: 57.38
During the past 13 years, the highest FCF Margin % of Prologis was 69.08%. The lowest was 51.92%. And the median was 63.63%.
WBO:PRLD's FCF Margin % is ranked better than 66.88% of 936
companies
in the REITs industry
Industry Median: 40.025
vs WBO:PRLD: 57.38
Prologis FCF Margin % Related Terms
Prologis FCF Margin % Historical Data
* Premium members only.
The historical data trend for Prologis's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WBO:PRLD vs PSA, EXR, EGP: FCF Margin % Comparison
For the REIT - Industrial subindustry, Prologis's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Prologis FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Prologis's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Prologis's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Prologis (WBO:PRLD) has a FCF Margin % of 56.06% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Prologis and its competitors. This is 12% below median its historical median of 63.63. Over the past decade, Prologis' FCF Margin % has ranged from 51.92 to 69.08. According to the industry distribution chart, Prologis ranks #310 out of 936 companies in the REITs industry, placing it in the top 33.1%.
Is Prologis' FCF Margin % too high?
Prologis' current FCF Margin % of 56.06% is 12% below median its 10-year median of 63.63. Over the past 10 years, this metric has ranged from a low of 51.92 to a high of 69.08. The REITs industry median FCF Margin % is 40.03. Prologis' value of 56.06% is 40.1% above this industry median. Based on the distribution chart, Prologis ranks #310 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Prologis has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prologis' FCF Margin % compare to PSA and EXR?
According to the REITs industry distribution chart, Prologis ranks #310 out of 936 companies for FCF Margin %. This puts Prologis in the upper half of its industry. The industry median FCF Margin % is 40.03. Prologis' value of 56.06% is 40.1% above this benchmark. Historically, Prologis' own FCF Margin % has ranged from 51.92 to 69.08 over the past decade. While the company's 10-year median is 63.63 vs. the industry median of 40.03, Prologis has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Prologis's current FCF Margin % of 56.06% is 40.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Prologis and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prologis's current FCF Margin % is 56.06%, which is 12% below median its own 10-year median of 63.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prologis stock overvalued right now?
Based on GuruFocus' analysis, Prologis (WBO:PRLD) is currently considered Fairly Valued. The stock's GF Value™ is €115.55, compared to a current price of €122.60 — trading 6.1% above its estimated fair value. The current FCF Margin % is 56.06%, which is 12% below median its 10-year median of 63.63 and 40.1% above the REITs industry median of 40.03. Prologis' overall GF Score™ is 85/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Prologis (WBO:PRLD), the current FCF Margin % is 56.06% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Prologis (WBO:PRLD) Overvalued in 2026?
Based on GuruFocus' analysis, Prologis stock appears to be overvalued.
The current stock price of €122.60 is trading 6.1% above its estimated GF Value™ of €115.55.
GuruFocus considers Prologis to be Fairly Valued.
Key valuation signals for WBO:PRLD:
FCF Margin %: 56.06% (12% below median its 10-year median of 63.63)
GF Value™: €115.55 vs. price of €122.60 (6.1% above fair value)
Industry Position: 40.1% above the REITs median (#310 of 936)
No single metric tells the full story. See the WBO:PRLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prologis was formed by the 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.3 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party assets under management. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
85GF Score
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