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%
Market cap
$4.5B
P/E
19.0×
Fwd P/E
−12.1×
Dividend yield
5.82%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.03
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 2 — — — 1 — — — —
Insider Ownership 0.59%

Capital & Financial Ratios $m

Size
Market Cap 4,510.00
Revenue ttm 2,642.77
Net income ttm 241.47
Free cash flow ttm 354.47
Net debt Q 191.17
Valuation
P/E 19.04
Forward P/E (12.10) (negative: loss-making)
Price / sales 1.71
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.47
Financial health
Current ratio Q 0.00
Debt / equity Q 0.13
Interest coverage Q 17.69
Growth
Revenue growth Q +4.20% (above 0%: growing)
Operating income growth Q +4,333.57% (above 0%: growing)
EPS, this year −116.98% (below 0%: weak)
EPS, next year A +102.51% (at or above 15%: strong)
Revenue, next year A −2.49% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +33.38% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 17.45%
10-year low 10-year high
P/B against its own 10 years 11.14%
10-year low 10-year high
EV/Sales against its own 10 years 15.24%
10-year low 10-year high

Dividends

Yield
5.82%
Annual rate
0.92
Payout ratio
110.8%
Growth, 2018–25
+3.94%/yr
  1. 0.70 ’18
  2. 0.80 ’19 +14
  3. 0.84 ’20 +5
  4. 0.88 ’21 +5
  5. 0.88 ’22 +0
  6. 0.88 ’23 +0
  7. 0.88 ’24 +0
  8. 0.92 ’25 +5
  9. 0.92 ’26e −1
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 99 88 176 205
Receivables 426 387 369 387
Inventory — — — —
Other — — — —
525 475 545 —
2023 2024 2025 Q'26
Payables 569 603 574 578
ST’ Debt — — — —
Other — — — —
3,170 3,635 4,366 3,468

Compound Annual Growth %

10y 5y 3y
Sales 5.79% 5.53% (3.71%)
Cash Flow 12.94% 4.14% 6.23%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% (5.08%) (8.29%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.05) (1.19) 2.38 — —
’25 (0.06) 0.01 (0.04) (0.31) (0.40)
’24 0.03 (0.23) (0.01) (0.13) (0.33)
’23 (0.01) (0.39) (0.01) (0.80) (1.22)
’22 (0.06) 0.01 (0.03) 0.01 (0.07)
’21 (0.06) (0.05) 0.02 (0.03) (0.12)
’20 0.11 0.16 0.06 (0.21) 0.11
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 630 663 692 — —
’25 629 651 664 658 2,602
’24 665 661 674 666 2,667
’23 676 650 668 679 2,673
’22 706 730 758 722 2,915
’21 635 655 709 716 2,715
’20 484 483 497 524 1,988
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 40 100 84 — —
’25 30 120 79 130 360
’24 62 137 51 163 412
’23 41 41 110 173 366
’22 16 118 50 117 300
’21 47 81 37 109 273
’20 81 83 63 66 294
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (86) (13) 84 — —
’25 (82) (36) (61) (12) (191)
’24 25 73 (44) 57 112
’23 (28) (30) 27 75 44
’22 (77) 22 (30) 67 (18)
’21 (54) (25) (69) (70) (218)
’20 61 (1) (22) (66) (28)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 14 Reit Industrial stocks →

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

5 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · GlobeNewswire

7 Oct

Impact 3 · · Simply Wall St.

13 Aug

Impact 3 · · The Motley Fool transcript

7 Aug

Impact 3 · · MarketBeat transcript

28 May

Impact 3 · · FreightWaves

COLD metrics, ten years each

stockrow.com/COLD · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com