Friday 6 November 2026
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Americold Realty Trust Inc.
COLD Real Estate Reit Industrial
Americold Realty Trust Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, down 2.43% from fiscal 2024.
- Revenue
- +4.20%
- EPS
- +6,050.0%
- Free cash flow
- +237.1%
- Total debt
- −20.3%
Quarter to September 2026, against a year earlier
15.92
0.11
+0.70%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1,490 | 1,544 | 1,604 | 1,784 | 1,988 | 2,715 | 2,915 | 2,673 | 2,667 | 2,602 | 2,643 | +6.4% | 2,537 | 2,537 | 2,698 | +1.2% | |
| Gross margin, % | 23.20 | 24.24 | 25.30 | 26.81 | 27.75 | 23.20 | 23.88 | 28.82 | 31.75 | 32.26 | 32.23 | +9.1 pt | ||||||
| EBT | 11 | 9 | 44 | 43 | 18 | (31) | (30) | (328) | (103) | (136) | 244 | n/m | ||||||
| EBT margin, % | 0.73 | 0.57 | 2.77 | 2.41 | 0.89 | (1.13) | (1.03) | (12.27) | (3.87) | (5.22) | 9.24 | (5.9) pt | ||||||
| Net income | 5 | (1) | 48 | 48 | 25 | (30) | (19) | (336) | (95) | (115) | 241 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 21.32 | 22.04 | 11.34 | 9.93 | 9.78 | 10.48 | 10.81 | 9.69 | 9.36 | 9.11 | 9.22 | (9.0%) | |||||
| Earnings | (0.35) | (0.43) | 0.31 | 0.26 | 0.11 | (0.12) | (0.07) | (1.22) | (0.33) | (0.40) | 0.83 | +1.5% | ||||||
| Cash flow | 1.70 | 2.33 | 1.33 | 1.32 | 1.44 | 1.05 | 1.11 | 1.33 | 1.45 | 1.26 | 1.24 | (3.3%) | ||||||
| Capex | (0.60) | (1.98) | (0.89) | (1.68) | (1.58) | (1.89) | (1.18) | (1.17) | (1.05) | (1.93) | 0.00 | +13.9% | ||||||
| Free cash flow | 1.10 | 0.35 | 0.44 | (0.36) | (0.14) | (0.84) | (0.07) | 0.16 | 0.39 | (0.67) | 1.24 | n/m | ||||||
| Book value | 3.18 | 2.65 | 5.00 | 10.21 | 18.66 | 15.55 | 14.05 | 13.18 | 11.61 | 10.23 | 10.76 | +13.8% | ||||||
| Shares, m | 70 | 70 | 141 | 180 | 203 | 259 | 270 | 276 | 285 | 286 | 286 | +16.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 82.39 | 140.24 | 287.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.04 | 51.0 | |||||
| P/S | 0.81 | 0.81 | 2.25 | 3.53 | 3.82 | 3.13 | 2.64 | 3.13 | 2.29 | 1.41 | 1.71 | 2.4 | ||||||
| P/B | 0.00 | 0.00 | 5.11 | 3.44 | 2.00 | 2.11 | 2.03 | 2.30 | 1.84 | 1.26 | 1.47 | 2.0 | ||||||
| EV/Sales | 0.79 | 0.79 | 2.14 | 3.43 | 3.55 | 3.27 | 2.79 | 3.27 | 2.38 | 1.53 | 1.79 | 2.4 | ||||||
| EV/FCF | 18.52 | 18.52 | 54.81 | (93.94) | (247.44) | (40.73) | (445.70) | 198.84 | 56.89 | (20.82) | (28.26) | (50.1) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 119 | 163 | 188 | 236 | 294 | 273 | 300 | 366 | 412 | 360 | 354 | +13.1% | |||||
| Capex | (42) | (139) | (126) | (301) | (322) | (491) | (318) | (322) | (300) | (551) | (521) | +33.2% | ||||||
| Free cash flow | 77 | 24 | 62 | (65) | (28) | (218) | (18) | 44 | 112 | (191) | 354 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (1,578) | (1,677) | (1,181) | (1,591) | (2,211) | (2,503) | (2,565) | (2,645) | (3,160) | (3,822) | (3,468) | +10.3% | |||||
| Net debt | (29) | (28) | (188) | (182) | (540) | 377 | 446 | 391 | 263 | 308 | 191 | n/m | ||||||
| Shareholders’ equity | 222 | 186 | 707 | 1,833 | 3,793 | 4,029 | 3,788 | 3,635 | 3,307 | 2,922 | 3,085 | +33.1% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (2.10) | (1.27) | 1.87 | 1.44 | 0.41 | (0.38) | (0.24) | (4.21) | (1.21) | (1.44) | 3.06 | +0.7 pt | |||||
| ROIC | 42.77 | 54.33 | 21.68 | 4.98 | 3.24 | 1.04 | 1.30 | (1.68) | 2.17 | 0.14 | 7.63 | (42.6) pt | ||||||
| ROE | 14.54 | 17.79 | 17.76 | 3.79 | 0.87 | (0.78) | (0.50) | (9.06) | (2.72) | (3.68) | 7.75 | (18.2) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | 11,000 | 11,000 | 12,600 | 16,300 | 16,275 | 15,484 | 14,706 | 13,755 | 12,690 | — | +1.8% | |||||
| Revenue/emp, $m | 0.00 | 0.14 | 0.15 | 0.14 | 0.12 | 0.17 | 0.19 | 0.18 | 0.19 | 0.21 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Americold Realty Trust Inc. vs peers in Reit Industrial (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EGP EastGroup Properties, Inc. | $10.4B | 32.9× | 32.7× | +9.50% (above 0%: growing) | +15.87% (above 0%: growing) | +22.82% (above 0%: growing) | 74.02% | 41.57% | Compare |
| CUBE CubeSmart | $10.2B | 29.8× | 27.9× | +3.12% (above 0%: growing) | +16.11% (above 0%: growing) | −5.37% (below 0%: shrinking) | 67.42% | 42.77% | Compare |
| LINE Lineage, Inc. | $9.0B | — (loss-making) | — (loss-making) | +0.81% (above 0%: growing) | n/m | +91.92% (above 0%: growing) | 31.23% | 3.97% | Compare |
| REXR Rexford Industrial Realty, Inc. | $8.1B | — (loss-making) | — (loss-making) | −5.58% (below 0%: shrinking) | −81.08% (below 0%: shrinking) | +58.30% (above 0%: growing) | 76.16% | 39.41% | Compare |
| FR First Industrial Realty Trust, Inc. | $7.4B | 20.1× | 21.7× | +8.65% (above 0%: growing) | −10.20% (below 0%: shrinking) | −240.72% (below 0%: shrinking) | 74.45% | 44.21% | Compare |
| TRNO Terreno Realty Corporation | $7.3B | 19.9× | 33.2× | +13.74% (above 0%: growing) | −38.00% (below 0%: shrinking) | +118.95% (above 0%: growing) | 75.26% | 42.18% | Compare |
| STAG Stag Industrial, Inc. | $7.1B | 26.1× | 33.6× | +9.44% (above 0%: growing) | +44.00% (above 0%: growing) | +2,111.22% (above 0%: growing) | 79.99% | 38.36% | Compare |
| COLD Americold Realty Trust Inc. | $4.5B | 19.0× | — (loss-making) | +4.20% (above 0%: growing) | n/m | +237.07% (above 0%: growing) | 32.79% | 107.39% | |
| SMA Smartstop Self Storage REIT Inc | $2.3B | 75.1× | 54.8× | +18.65% (above 0%: growing) | n/m | +93.06% (above 0%: growing) | 60.10% | 22.55% | Compare |
| Median of peers | $7.7B | 28.0× | 33.0× | +9.05% | +2.84% | +75.11% | 74.24% | 40.49% |
Pay and ownership Proxy statement filed 8 April 2026
Ownership
Directors and executive officers, together
less than 1%
BlackRock Fund Advisors
6.60%
Fuller & Thaler Asset Management
6.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Americold Realty Trust Inc. (COLD) Latest News
6 Nov
5 Nov
29 Oct
31 Aug
20 Aug
11 Aug
6 Aug
18 Jun
COLD metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score