Americold Realty Trust Inc. (COLD) vs Rexford Industrial Realty, Inc. (REXR)

Americold Realty Trust Inc. and Rexford Industrial Realty, Inc. are both Reit Industrial companies. Rexford Industrial Realty, Inc. is the larger, with a market value of $8.1B against $4.5B — 1.8× the size. Rexford Industrial Realty, Inc. has negative trailing earnings, so its P/E is not meaningful; Americold Realty Trust Inc. trades at 19.0×. Americold Realty Trust Inc. grew revenue faster over the last twelve months: 1.26% against −2.02%. Americold Realty Trust Inc. has the higher net margin (9.03% vs −48.4%) and the higher return on invested capital (7.63% vs 2.47%). Both pay a dividend; Americold Realty Trust Inc. yields more (5.82% vs 4.56%). Across the 21 metrics below, Americold Realty Trust Inc. leads on 12 and Rexford Industrial Realty, Inc. on 9.

Valuation

Metric COLD REXR Reit Industrial median
P/E 19.04 n/m 29.08
P/S 1.71 8.59 8.75
P/B 1.47 1.14 1.88
Price to free cash flow n/m 31.99 27.37
EV/EBITDA 60.99 15.72 19.77
EV/Sales 1.79 10.98 11.83
Earnings yield 5.25% (5.54%) 3.06%
Free cash flow yield (3.69%) 3.13% 2.68%

Profitability

Metric COLD REXR Reit Industrial median
Gross margin 32.23% 76.55% 73.76%
Operating margin 15.13% 39.85% 40.64%
Net margin 9.03% (48.38%) 30.03%
Free cash flow margin 13.41% 26.84% 18.60%
Return on equity 7.75% (5.82%) 7.37%
Return on assets 3.06% (4.00%) 3.98%
Return on invested capital 7.63% 2.47% 3.18%

Growth

Metric COLD REXR Reit Industrial median
Revenue growth (TTM) 1.26% (2.02%) 4.61%
EPS growth (last fiscal year) (21.21%) (28.33%) (2.22%)
Revenue growth, 5-year CAGR 5.53% 24.89% 14.64%
Net income growth, 5-year CAGR 0.00% 26.68% 12.19%

Health

Metric COLD REXR Reit Industrial median
Debt to equity 0.13 0.37 0.82
Current ratio 0.00 4.08 0.91
Net debt to EBITDA 0.78 4.52 4.82

Dividend

Metric COLD REXR Reit Industrial median
Dividend yield 5.82% 4.56% 4.05%
Payout ratio 1.11 — 1.15

Size

Metric COLD REXR Reit Industrial median
Market cap 4.51b 8.09b 7.97b

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