Financial Highlights

ASSETS UNDER MANAGEMENT
(in billions)

'19
$118.4
'18
$86.7
'17
$78.7

Revenue Summary
(in billions)

'19
$3.3
'18
$2.8
'17
$2.6

DEVELOPMENT VALUE CREATION1
(in millions)

'19
$911
'18
$661
'17
$583

CORE FFO
(per diluted share)

'19
$3.31
'18
$3.03
'17
$2.81

DIVIDENDS PER COMMON SHARE

'19
$2.12
'18
$1.92
'17
$1.76

DEBT-TO-EBITDA

'19
3.96x
'18
4.20x
'17
4.55x
Please see Prologis’ Annual Report on Form 10-K for the year ended December 31, 2019, and our Q4’19 earnings supplemental for additional detail regarding the financial information presented in this annual report and definitions and reconciliations of non-GAAP measurements, such as Core FFO, GAAP same store NOI and adjusted EBITDA. Regarding securities ratings presented, such ratings are not recommendations to buy, sell or hold securities and are subject to revision or withdrawal at any time by the rating organizations.
 
1. Prologis’ share of estimated value creation from development stabilizations