• Prologis average pre-tax profit margin for 2023 was 44.63%, a 42.7% decline from 2022.
• Prologis average pre-tax profit margin for 2022 was 77.89%, a 58.8% decline from 2021.
• Prologis average pre-tax profit margin for 2021 was 49.05%, a 3.99% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.