Americold Realty Trust Inc. (COLD) vs Industrial Logistics Properties Trust (ILPT)

Americold Realty Trust Inc. and Industrial Logistics Properties Trust are both Reit Industrial companies. Americold Realty Trust Inc. is the larger, with a market value of $4.1B against $501.9M — 8.2× the size. Industrial Logistics Properties Trust grew revenue faster over the last twelve months: 2.69% against −0.21%. Industrial Logistics Properties Trust has the higher net margin (−10.4% vs −17.4%) and the higher return on invested capital (1.85% vs −6.75%). Both pay a dividend; Americold Realty Trust Inc. yields more (3.14% vs 1.00%). Across the 20 metrics below, Industrial Logistics Properties Trust leads on 16 and Americold Realty Trust Inc. on 4.

Valuation

Metric COLD ILPT Reit Industrial median
P/E n/m n/m 28.30
P/S 1.62 1.07 8.16
P/B 1.73 0.58 1.89
Price to free cash flow n/m 8.39 21.44
EV/EBITDA 61.97 13.69 17.97
EV/Sales 1.83 9.86 11.71
Earnings yield (10.79%) (9.77%) 3.38%
Free cash flow yield (4.08%) 11.92% 2.71%

Profitability

Metric COLD ILPT Reit Industrial median
Gross margin 31.74% 85.77% 73.76%
Operating margin (12.47%) 31.52% 39.85%
Net margin (17.44%) (10.37%) 28.04%
Free cash flow margin (6.59%) 12.77% 13.63%
Return on equity (16.30%) (5.28%) 6.83%
Return on assets (5.74%) (0.91%) 3.45%
Return on invested capital (6.75%) 1.85% 2.92%

Growth

Metric COLD ILPT Reit Industrial median
Revenue growth (TTM) (0.21%) 2.69% 3.86%
EPS growth (last fiscal year) (21.21%) 31.51% —
Revenue growth, 5-year CAGR 5.53% 12.01% 13.33%
Net income growth, 5-year CAGR 0.00% 0.00% 9.91%

Health

Metric COLD ILPT Reit Industrial median
Debt to equity 0.25 4.97 0.84
Current ratio 0.10 4.11 0.78
Net debt to EBITDA 0.78 11.82 4.76

Dividend

Metric COLD ILPT Reit Industrial median
Dividend yield 3.14% 1.00% 3.14%
Payout ratio — 0.92 1.14

Size

Metric COLD ILPT Reit Industrial median
Market cap 4.10b 501.93m 8.24b

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