Compare Stocks: SMA vs. PLD

Market Snapshot

Current market context for the selected companies.

SMA

$33.94

Market Cap $1.88B

Sector Real Estate

Industry REIT - Industrial

Data through 2026-08-26

PLD

$142.47

Market Cap $139.33B

Sector Real Estate

Industry Industrial REIT

Data through 2026-08-26

Key Differences

A differences-first view of the selected companies using the same data shown in the comparison tables below.

6M Performance

SMA has the stronger six-month price performance (+3.1% vs +1.7% for PLD).

Revenue Growth

PLD currently shows the faster revenue growth rate (12.3% vs 11.4% for SMA).

Operating Margin

PLD currently shows the higher operating margin (43.0% vs 23.9% for SMA).

Forward P / E

PLD currently trades at the lower forward earnings multiple (42.1x vs 56.3x for SMA).

Performance

Absolute returns and relative performance versus SPY.

Metric	SMA	PLD
1 Month	-4.1%	-3.2%
1 Month vs SPY	-7.4%	-6.5%
3 Months	+8.3%	-2.8%
3 Months vs SPY	+6.3%	-4.8%
6 Months	+3.1%	+1.7%
6 Months vs SPY	-7.4%	-8.7%
1 Year	-6.7%	+27.6%
1 Year vs SPY	-25.9%	+8.5%
2 Years	—	+14.5%
2 Years vs SPY	—	-22.1%

Growth & Profitability

Operating growth, margins and capital efficiency.

Metric	SMA	PLD
Revenue Growth	11.4%	12.3%
Earnings Growth	—	85.3%
Gross Margin	66.0% · Context	75.5% · Context
Operating Margin	23.9% · Context	43.0% · Context
Net Margin	10.2% · Context	43.6% · Context
Return on Equity	2.4%	7.7%
Return on Assets	1.7%	2.5%

Valuation

Common valuation multiples shown side by side.

Metric	SMA	PLD
P / E	N/A	N/A
Forward P / E	N/A	N/A
P / S	6.6 · Context	14.4 · Context
P / B	1.6 · Context	2.5 · Context
EV / Sales	10.8 · Context	18.0 · Context
EV / EBIT	N/A	N/A
P / FCF	N/A	N/A
FCF Yield	N/A	N/A

Cash Flow & Balance Sheet

Cash generation and leverage context.

Metric	SMA	PLD
Free Cash Flow	$113.12M · Context	$5.41B · Context
Operating Cash Flow	$110.33M · Context	$5.24B · Context
Debt / Equity	88.9%	63.8%

Earnings Outlook

Upcoming earnings expectations when available.

Metric	SMA	PLD
Next Earnings	2026-11-04	2026-10-14
EPS Estimate	0.15	0.79
Revenue Estimate	77.83M	2.21B
EPS Growth	+45.5%	-0.9%
Revenue Growth	+10.5%	+7.8%
Analyst Coverage	1	2