Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.04B | 1.4% |
| Gross Profit | 862M | 5.2% |
| Cost of Revenue | 1.17B | 1.2% |
| Operating expense | 763M | 1% |
| Net Income | 1.01B | 16.8% |
| EBITDA | 1.9B | 8.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 95.9B | 2.5% |
| Total Liabilities | 38.2B | 7.4% |
| Total Equity | 53.1B | 0.5% |
| Shares Outstanding | 926M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.43B | 32.1% |
| Cash from investing | -1.71B | 174.3% |
| Cash from financing | 445M | 225.1% |
EPS
Financial Highlights for Prologis in Q3 '24
Prologis reported a revenue of 2.04B, which is a 1.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 862M, marking a 5.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.17B, a -1.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 763M, showing a 1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.01B, showing a 16.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.9B, showing a 8.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Prologis with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
