Prologis has been on a tear since the presidential election. “In our business, the bottoming process across our markets continues to progress,” said chief financial officer Timothy Arndt in the January earnings call for 2024 Q4. “Leasing in our portfolio accelerated following the U.S. election, and the pipeline has started the year at healthy levels.”
The company has vast resources and a $104.1 billion market cap, according to data from S&P Global Market Intelligence. Its total revenue in 2024 was almost $8.6 billion, with net income at $3.7 billion.