Americold Realty Trust Inc. COLD

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Insider Decisions

Total sells 0.03
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 2 1
Insider Ownership 0.68%

Capital & Financial Ratios

Market Cap 4,210.00
Revenue 2,614.88
Net Income (460.51)
Free Cash Flow (172.34)
Net Debt 566.94
Current Ratio 0.10
Debt/Equity 0.25
P/E ratio 0.00
P/S ratio 1.62
P/B ratio 1.72
Past 5Y EPS Growth 29.95%
This Y EPS Growth (142.87%)
Next Y EPS Growth 111.95%
Next 5Y EPS Growth 33.38%
in millions of $

Dividends

Payout Ratio
Annual Dividend Rate 0.88
Annual Dividend Yield 3.14%
total individual payouts
2028 ‡‡‡‡‡
2027 ‡‡‡‡‡
2026 0.92
2025 0.92
2024 0.88
2023 0.88
2022 0.88
2021 0.88
2020 0.84
2019 0.80
2018 0.70
2017 ‡‡‡‡
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 98.51 87.90 176.09 56.43
Receivables 426.05 386.92 368.52 397.25
Inventory
Other
524.55 474.83 544.62 453.69
2023 2024 2025 Q'26
Payables 568.76 603.41 574.06 599.61
ST’ Debt
Other
3,169.89 3,634.87 4,366.18 4,390.04
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 629.87 662.89
’25 628.98 650.75 663.67 658.45 2,601.85
’24 664.98 660.96 674.17 666.44 2,666.54
’23 676.49 649.61 667.94 679.29 2,673.33
’22 705.70 729.76 757.78 721.50 2,914.74
’21 634.80 654.71 708.81 716.48 2,714.79
’20 484.07 482.52 497.46 523.68 1,987.73
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 39.87 100.13
’25 30.20 120.32 78.92 130.21 359.64
’24 61.99 136.67 50.61 162.61 411.88
’23 41.48 41.29 110.45 172.94 366.16
’22 15.59 117.66 49.64 117.11 300.00
’21 46.53 81.22 36.57 108.74 273.06
’20 80.52 83.46 63.22 66.48 293.68
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (86.12) (13.00)
’25 (82.21) (35.91) (61.48) (11.74) (191.34)
’24 25.26 73.49 (44.47) 57.47 111.74
’23 (27.71) (29.86) 26.80 74.76 43.99
’22 (77.34) 22.23 (30.37) 67.23 (18.24)
’21 (53.61) (24.87) (69.12) (70.22) (217.81)
’20 60.74 (0.95) (22.39) (65.88) (28.48)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.05) (1.19)
’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

Target Price Range

High ‡‡‡‡‡ ‡‡‡‡
Average ‡‡‡‡‡ ‡‡‡‡
Low ‡‡‡‡‡ ‡‡‡‡

Recommendation Rating

2.6
1Buy 2 3Hold 4 5Sell
Powerpack only forecast
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 21.49 24.31 20.98 10.10
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 32.99 33.90 30.59 23.52
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 15,484 14,706 13,755 12,690
Employees
‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.19 0.18 0.19 0.21
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2,914.74 2,673.33 2,666.54 2,601.85 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 23.88% 28.82% 31.75% 32.26%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (29.93) (328.09) (103.18) (135.73)
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.03%) (12.27%) (3.87%) (5.22%) ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (19.47) (336.27) (94.75) (115.28) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 336.28 358.84 370.33 389.83
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.81 9.69 9.36 9.11 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ (0.07) (1.22) (0.33) (0.40) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.11 1.33 1.45 1.26
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (1.18) (1.17) (1.05) (1.93) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.07) 0.16 0.39 (0.67)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 14.05 13.18 11.61 10.23 ‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 269.57 275.77 284.78 285.74 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡ 0.00 0.00 0.00 0.00 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.64 3.13 2.29 1.41 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.03 2.30 1.84 1.26 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.81 3.29 2.41 1.55 ‡‡‡‡ ‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (449.04) 200.23 57.44 (21.14)
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 300.00 366.16 411.88 359.64 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (318.23) (322.17) (300.13) (550.98) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (18.24) 43.99 111.74 (191.34)
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (2,564.79) (2,645.33) (3,160.04) (3,821.57)
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 638.61 489.33 350.84 484.37
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 506.62 390.83 262.93 308.28
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3,787.88 3,634.59 3,307.01 2,922.01
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.24%) (4.21%) (1.21%) (1.44%)
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.28% (1.68%) 2.17% 0.14%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.50%) (9.06%) (2.72%) (3.68%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Americold Realty Trust (COLD), the titan of temperature-controlled warehouses fueling the global cold chain, has weathered a post-pandemic boom-to-bust cycle, with revenues peaking at $2.91 billion in 2022 before contracting 8% to $2.67 billion in 2023-2024 amid normalizing demand and geopolitical disruptions like the Russia-Ukraine grain halt. Yet, efficiency gleams through the fog: revenue per employee surged 38% to $194,000, gross margins ballooned to 31.8%, and operating cash flow hit $412 million in 2024, underscoring pricing power in an undersupplied market driven by rising protein consumption and e-grocery shifts.

Profitability scars linger from aggressive expansion and Fed rate hikes—EBT plunged to -$103 million in 2024, but forecasts flip to breakeven by 2026 and positive EPS in 2027, bolstered by 45% debt reduction to $351 million and insider buys totaling $2.16 million from CEO and CFO in May 2025. Shares, down 24% from 2021 highs and trading at compressed 2.29x sales amid REIT sector woes, embed undervaluation with analyst targets implying up to 46% upside, positioning COLD as a contrarian bet on macro tailwinds like impending rate cuts and resilient food demand.

Skeptics beware: heavy capex, negative working capital, and recession risks could derail the rebound, but in a fragmented geopolitics landscape favoring yield plays, Americold’s pivot to black ink and secular undersupply (>90% utilization) screams overlooked opportunity for 10-15% annualized returns through 2027.

Americold Realty Trust Inc. (COLD) Latest News

News by impact score

Fine-tune

4 Sep

3 , 1:34 PM

Americold Realty Trust contributed 12 warehouses to a joint venture and raised $1.1B while retaining only 30% of the economics to reduce leverage. Asset contribution to a joint venture reduces debt load while permanently transferring majority economics of 12 warehouses.

31 Aug

4 , 4:45 PM

Americold Realty Trust Inc. closes $1.3 billion North American cold storage joint venture with EQT. $1.3 billion joint venture represents major strategic expansion in core cold storage operations.

20 Aug

4 , 10:10 PM

Americold Realty Trust Inc. expands cold chain operations, prompting assessment of whether COLD stock is fairly valued. New cold chain expansion constitutes major strategic move that could significantly alter company trajectory and investor sentiment.

3 , 3:21 PM

Americold Realty Trust Inc. relies on backup power systems and contingency protocols to keep cold storage warehouses operational during outages, protecting inventory and customer supply chains. Operational resilience measures may modestly improve reliability perceptions and support steady performance without transforming core business trajectory.

19 Aug

4 , 7:00 AM

Americold Realty Trust commits to Port Saint John facility to link DP World and CPKC operations into integrated cold chain logistics network. Port Saint John investment directly expands Americold cold chain reach by connecting DP World and CPKC.

13 Aug

3 transcript www.fool.com, 7:59 AM

Americold (COLD) held its Q2 2026 earnings call discussing financial results, operational performance, and outlook for the cold storage REIT. Quarterly earnings call delivers updates on results and guidance that can moderately shift near-term market views without major structural changes.

11 Aug

4 , 7:00 AM

Americold Realty Trust Inc. (COLD) rolls out integrated cold chain fulfillment solutions to support direct-to-consumer growth. New fulfillment solutions open direct-to-consumer revenue channels and strengthen market position.

10 Aug

3 www.thestreet.com, 1:03 PM

Grocery giant rethinks supply chain plans amid mounting store closures, pressuring cold storage and logistics providers including Americold Realty Trust. Store closures and supply chain shifts by major grocery clients may moderately reduce demand for Americold's specialized storage facilities.

8 Aug

3 , 11:14 AM

Americold Realty Trust (COLD) shares rose 6.2% after an impairment-driven loss, supported by a higher AFFO outlook. Higher AFFO outlook points to improved future earnings potential.

7 Aug

3 transcript www.marketbeat.com, 10:03 PM

Americold Realty Trust Inc. (COLD) released Q2 earnings call highlights covering financial results and operations. Q2 earnings highlights typically deliver moderate updates on results and outlook without transformative changes.

6 Aug

4 , 6:30 AM

Americold Realty Trust Inc. (COLD) released second quarter 2026 results. Quarterly results directly shape near-term stock valuation and investor outlook for Americold.

3 , 3:01 PM

Americold Realty Trust Inc beat Q2 2026 AFFO expectations in its earnings call and issued updated guidance. AFFO beat and new guidance point to better-than-expected results that can shift near-term investor sentiment.

3 app.moby.co, 1:15 PM

Americold Realty Trust Inc. (COLD) held its Q2 2026 earnings call covering financial results, operational metrics and forward outlook. Quarterly earnings releases deliver core financial data that can shift near-term investor views and trading activity.

3 , 9:30 AM

Americold Realty Trust Inc. (COLD) reported Q2 earnings with key metrics compared against Wall Street estimates. Q2 earnings metrics versus estimates directly inform near-term financial outlook and investor positioning for COLD.

3 , 8:20 AM

Americold Realty Trust Inc. (COLD) exceeded analyst estimates for Q2 funds from operations and revenues. Quarterly earnings beats provide moderate positive effects on near-term stock sentiment and valuation.

23 Jun

3 FreightWaves, 4:37 PM

Americold Realty Trust Inc. (COLD) is developing a new cold chain facility at an eastern Canada port backed by rail and ocean access. New facility expands operational footprint and logistics access in Canada.

18 Jun

3 , 9:00 AM

DP World and Americold Realty Trust Inc. have unveiled a new cold storage facility at Port Saint John. New facility expands Americold operational capacity at a key port location.

3 , 7:00 AM

Americold Realty Trust Inc. opens integrated cold chain facility at Port Saint John, one of North America's fastest-growing trade gateways. New facility at major port expands cold storage capacity and supports logistics growth without altering overall company trajectory.

1 Jun

3 Simply Wall St., 12:28 AM

Americold Realty Trust launches new cost reduction plan targeting savings above US$25 million. Cost savings plan above US$25 million supports moderate gains in efficiency and earnings.

28 May

3 FreightWaves, 4:34 PM

Americold Realty Trust Inc. implements additional cost-cutting measures through expanded belt-tightening initiatives. Ongoing cost reductions can improve margins but signal operational pressures without altering core trajectory.

27 May

3 GlobeNewswire, 5:00 PM

Americold Realty Trust launches Fit for Purpose initiative targeting over $25 million in incremental annual overhead savings to advance strategic priorities. Targeted annual overhead savings of more than $25 million support margin improvement and strategic execution without altering core operations.

21 May

4 Zacks, 12:05 PM

Americold Realty Trust Inc. entered a deal with Jeronimo Martins that supports expanded cold storage operations and market reach, directly contributing to its long-term growth strategy. Jeronimo Martins deal represents a major strategic move that can significantly alter Americold's growth trajectory and investor sentiment.

3 GlobeNewswire, 7:00 AM

Americold Realty Trust Inc. expands European retail operations by adding Jerónimo Martins. Addition of Jerónimo Martins supports moderate European growth without major shifts in overall trajectory.

17 May

3 Simply Wall St., 10:12 AM

Americold Realty Trust Inc. enters new agreement with PLUS Frozen Logistics, prompting fresh valuation assessment of COLD amid expanded cold-chain operations. New logistics pact expands operational footprint and supports revenue outlook without fundamentally reshaping company trajectory.

15 May

4 Zacks, 12:16 PM

Americold Realty Trust Inc. (COLD) assesses the PLUS Deal's implications for accelerating its cold chain expansion across Europe. PLUS Deal enables major strategic growth in Europe's cold chain market, potentially transforming COLD's international positioning.

14 May

3 GlobeNewswire, 7:00 AM

Americold Realty Trust Inc. (COLD) is delivering centralized cold chain logistics solutions to PLUS, a major retailer in the Netherlands, enhancing its European operations. New contract expands Americold's international footprint and supports revenue growth in Europe without fundamentally transforming its core business.

11 May

4 Business Wire, 7:00 AM

Glass Lewis joins Egan-Jones in recommending Americold Realty Trust Inc. (COLD) shareholders vote against Chairman Mark Patterson at the annual meeting. Proxy advisors Glass Lewis and Egan-Jones opposing the Chairman signals potential board upheaval and erodes investor confidence in leadership.

9 May

3 www.marketbeat.com, 5:04 PM

Americold Realty Trust reported Q1 AFFO of $0.25 per share, missing estimates slightly, with revenue of $685 million up 3% year-over-year; management highlighted strong demand in cold storage, acquisition progress, and reaffirmed full-year guidance amid inflationary pressures. Q1 earnings results show moderate financial performance with reaffirmed guidance, influencing short-term investor sentiment but not fundamentally altering long-term trajectory.

7 May

4 Insider Monkey, 10:42 PM

Americold Realty Trust (COLD) secures $1.3 billion joint venture, propelling stock price up 17.9%. $1.3 billion joint venture is a major strategic move boosting growth and driving immediate 17.9% stock surge.

4 app.moby.co, 4:52 PM

Americold Realty Trust Inc. (COLD) released Q1 2026 earnings call summary detailing financial results, operational updates, and future outlook. Q1 2026 earnings highlights and guidance directly shape investor sentiment, stock valuation, and strategic trajectory.