Reading Financial Data - Step by Step / Reading different kinds of companies
Reading a REIT
A REIT owns or finances real estate, so its revenue is tied to property activity.
Concept
For a REIT, revenue is not product sales. It is reported from real-estate operations such as leases, rent, or related property income.
Worked Example: Read Prologis as a REIT
- PLD latest reported revenue was $8.8 billion for fiscal 2025.
- PLD assets were $98.7 billion.
- PLD net income was $3.3 billion.
- Many REIT readers also look for FFO, funds from operations, as an industry measure.
- grepcent does not compute FFO in this guide, so this lesson stays with the standardized SEC companyfacts rows shown on the page.
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Sources
Informational only - not investment advice.