Prologis, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.62B | $2.53B | $2.20B | $1.76B | $1.75B | $1.96B | $1.42B | $840.2M |
| Rental | $2.23B | $2.22B | — | — | — | — | — | — |
| Strategic Capital | $373.9M | $294.6M | — | — | — | — | — | — |
| Development and Other | $19.1M | $18.2M | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $231.1M | $222.1M | $217.2M | $229.3M | $229.2M | $228.1M | $195.2M | $166.0M |
| Operating Income | $1.95B | $668.4M | $380.2M | $319.8M | $304.4M | $93.0M | $94.8M | $-613.5M |
| Operating Margin | 74.6% | 26.4% | 17.3% | 18.2% | 17.4% | 4.7% | 6.7% | -73.0% |
| Interest Expense | $274.5M | $303.1M | $301.4M | $308.9M | $379.3M | $505.2M | $466.6M | $461.2M |
| Pretax Income | $1.82B | $1.35B | $948.6M | $713.6M | $336.3M | $-102.8M | $-273.2M | $-1.63B |
| Income Tax Expense | $54.6M | $54.6M | $23.1M | $-25.7M | $106.7M | $-3.6M | $1.8M | $-30.5M |
| Net Income | $1.65B | $1.21B | $869.4M | $636.2M | $342.9M | $-39.7M | $-153.4M | $-1.27B |
| Net Margin | 63.1% | 47.8% | 39.6% | 36.1% | 19.6% | -2.0% | -10.8% | -151.2% |
| EPS (Basic) | $3.10 | $2.29 | $1.66 | $1.25 | $0.65 | $-0.18 | $-0.51 | $-5.90 |
| EPS (Diluted) | $3.06 | $2.27 | $1.64 | $1.24 | $0.64 | $-0.18 | $-0.51 | $-5.90 |
| Shares Outstanding (Basic) | 530.4M | 526.1M | 521.2M | 499.6M | 486.1M | 459.9M | 370.5M | 219.5M |
| Shares Outstanding (Diluted) | 552.3M | 546.7M | 533.9M | 506.4M | 491.5M | 461.8M | 371.7M | 219.5M |
| Dividends Per Share | $0.01 | $0.15 | $0.08 | $0.41 | $0.00 | $0.20 | $0.01 | $1.25 |