---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-084067"
form_type: "8-K"
ticker: "PLD"
cik: "0001045609"
company_name: "Prologis, Inc."
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:05:35.189914+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Prologis Q2 Core FFO ex-promote $1.36, up 8.8% YoY; raises 2024 earnings guide

## Summary
- Net earnings $0.92/diluted share vs $1.31 YoY; Core FFO $1.34 vs $1.83; drop partly due to promote income shift.
- Core FFO ex-promote $1.36 vs $1.25 YoY; 2024 Core FFO guide raised to $5.39-$5.47 from $5.37-$5.47.
- Cash Same Store NOI growth 7.2%; average occupancy 96.3% (Prologis share); retention 73.2%.
- Development stabilizations $2,039M at 5.9% yield, $296M value creation; starts $300M at 7.1% yield.
- Debt-to-EBITDA below 5.0x; $6.5B liquidity; launched $1B commercial paper program, saving >60bps.

## SEC filing metadata
- accession: 0000950170-24-084067
- form_type: 8-K
- ticker: PLD
- cik: 0001045609
- company_name: Prologis, Inc.
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045609/000095017024084067/0000950170-24-084067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045609/000095017024084067/pld-20240717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-084067
- JSON: https://secwatch.observer/filing/0000950170-24-084067.json
- Plain text: https://secwatch.observer/filing/0000950170-24-084067.txt

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