Prologis Inc Reported Q4 Results and G-255 Trading Indicators for January 21, 2026

Prologis reported strong 4Q results (12/31/25) as the warehouse market appears to have troughed in 3Q 2025. Balance sheet is expanding rapidly as the company invests in projects globally. While the last USD bond offering was in May 2025, PLD has sold corporate bonds in Canada and Europe since. Occupancy and Rent rose in 4Q 2025. The G – 255 trading model indicators remain short credit/long equity. Although the equity is not attractively priced according to the trading model at present.

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