---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-004825"
form_type: "8-K"
ticker: "PLD"
cik: "0001045609"
company_name: "Prologis, Inc."
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:24:14.471342+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Prologis Q4 core FFO $1.26/shr, FY $5.61; 2024 guidance $5.42-$5.56

## Summary
- Q4 net earnings $0.68 diluted; Core FFO $1.26 (ex-promotes $1.29), up 4.9% YoY.
- Full-year core FFO $5.61 (ex-promotes $5.10), up ~11% YoY; Cash Same Store NOI +8.5%.
- Development stabilizations $3.2B in FY23 with $917M estimated value creation at 6.3% yield.
- 2024 guidance: core FFO $5.42-$5.56, Cash Same Store NOI 8-9%, avg occupancy 96.5-97.5%.
- Balance sheet: debt/market cap 20.5%, weighted avg interest 3.0%, no material maturities until 2026.

## SEC filing metadata
- accession: 0000950170-24-004825
- form_type: 8-K
- ticker: PLD
- cik: 0001045609
- company_name: Prologis, Inc.
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/0000950170-24-004825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/pld-20240117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-004825
- JSON: https://secwatch.observer/filing/0000950170-24-004825.json
- Plain text: https://secwatch.observer/filing/0000950170-24-004825.txt

## Key facts
- Earnings Releases
  Prologis, Inc. reported full year 2023 results: EPS $5.61.
  - Period: full year 2023
  - EPS: $5.61
  - Result: reported results
  source text: For the full year 2023, Core FFO per diluted share was $5.61 compared with $5.16 for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/0000950170-24-004825-index.htm
- Earnings Releases
  Prologis, Inc. reported fourth quarter of 2023 results: EPS $1.26.
  - Period: fourth quarter of 2023
  - EPS: $1.26
  - Result: reported results
  source text: Net earnings per diluted share was $0.68 for the fourth quarter of 2023 compared with $0.63 for the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/0000950170-24-004825-index.htm
- Earnings Releases
  Prologis, Inc. reported fourth quarter of 2023 results: EPS $1.26.
  - Period: fourth quarter of 2023
  - EPS: $1.26
  - Result: reported results
  source text: Core funds from operations (Core FFO)* per diluted share was $1.26 for the fourth quarter of 2023, compared with $1.24 for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/0000950170-24-004825-index.htm
- Earnings Releases
  Prologis, Inc. reported year ended December 31, 2023 results: EPS $3.29.
  - Period: year ended December 31, 2023
  - EPS: $3.29
  - Result: reported results
  source text: Net earnings per diluted share for the year ended December 31, 2023 was $3.29, compared with $4.25 for the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/0000950170-24-004825-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.