COLD · Americold Realty Trust - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · COLD

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$2.60B	$2.67B	$2.67B	$2.91B	$2.71B	$1.99B
Cost of Revenue	$1.76B	$1.82B	$1.90B◇	$155.66M◇	$282.72M◇	-
Gross Profit	$839.39M	$846.73M	$770.57M◇	$2.76B◇	$2.43B◇	-
R&D	-	-	-	-	-	-
SG&A	$269.47M	$255.12M	$226.79M	$231.07M	$182.08M	$144.74M
Total Operating Expenses	$2.59B	$2.54B	$2.78B	$2.83B	$2.64B	$1.82B
D&A	$367.36M	$360.82M	$353.74M	$331.45M	$319.84M	$215.89M
Operating Income	$7.23M	$124.01M	($108.31M)	$87.87M	$72.86M	$168.45M
Interest Expense	$147.78M	$135.32M	-	-	$91.50M	-
Income Tax	($20.45M)	($8.43M)	($2.27M)	($18.84M)	($1.57M)	($6.93M)
Net Income	($114.55M)	($94.31M)	($336.21M)	($19.44M)	($30.45M)	$24.54M
EPS - Basic	($0.40)	($0.33)	($1.22)	($0.07)	($0.12)	$0.11
EPS - Diluted	($0.40)	($0.33)	($1.22)	($0.07)	($0.12)	$0.11

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$136.86M	$47.65M	$60.39M	$53.06M	$82.96M	$621.05M
Accounts Receivable	-	-	-	-	-	-
Inventory	$6.83M	$7.43M	$30.72M	$29.30M	$27.04M	$21.51M
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$8.12B	$7.74B	$7.87B	$8.10B	$8.22B	$7.83B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	-	-	-	-	-	$2.65B
Total Liabilities	$5.20B	$4.43B	$4.23B	$4.32B	$4.19B	$4.04B
Stockholders' Equity	$2.88B	$3.28B	$3.62B	$3.77B	$4.02B	$3.79B
Retained Earnings	($2.72B)	($2.34B)	($2.00B)	($1.42B)	($1.16B)	($895.52M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$359.64M	$411.88M	$366.15M	$300.00M	$273.06M	$293.68M
Investing Cash Flow	($658.00M)	($313.18M)	($357.07M)	($348.49M)	($1.24B)	($2.25B)
Financing Cash Flow	$383.26M	($106.78M)	($285.0K)	$23.32M	$431.49M	$2.33B
CapEx	$576.85M	$309.46M	$264.47M	$308.37M	$438.19M	$376.82M
Free Cash Flow	($217.20M)	$102.42M	$101.69M	($8.37M)	($165.13M)	($83.14M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	32.3%	31.8%	28.8%	94.7%	89.6%	-
Operating margin	0.3%	4.7%	-4.1%	3.0%	2.7%	8.5%
EBITDA margin	14.4%	18.2%	9.2%	14.4%	14.5%	19.3%
Net margin	-4.4%	-3.5%	-12.6%	-0.7%	-1.1%	1.2%
Free cash flow margin	-8.3%	3.8%	3.8%	-0.3%	-6.1%	-4.2%
FCF / Net income	1.90	-1.09	-0.30	0.43	5.42	-3.39
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	10.4%	9.6%	8.5%	7.9%	6.7%	7.3%
Effective tax rate	-	-	-	-	-	-39.3%
Return on assets	-1.4%	-1.2%	-4.3%	-0.2%	-0.4%	0.3%
Return on equity	-4.0%	-2.9%	-9.3%	-0.5%	-0.8%	0.6%
Return on invested capital	-	-	-	-	-	2.6%
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	-	-	-	-	-	0.70
Debt / Assets	-	-	-	-	-	0.34
Debt / EBITDA	-	-	-	-	-	6.89
Interest coverage	0.0x	0.9x	-	-	0.8x	-
Equity multiplier	2.82	2.36	2.18	2.15	2.04	2.07
Liabilities / Assets	0.64	0.57	0.54	0.53	0.51	0.52
Efficiency
Asset turnover	0.32	0.34	0.34	0.36	0.33	0.25
Inventory turnover	257.93	245.03	61.94	5.31	10.46	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	1d	1d	6d	69d	35d	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	-	-	-	-	339.4x
P / B	1.3x	1.9x	2.3x	2.0x	2.1x	2.0x
P / S	1.4x	2.3x	3.1x	2.6x	3.1x	3.9x
EV / EBITDA	9.4x	12.5x	33.8x	18.1x	21.4x	25.4x
Growth
Revenue growth (YoY)	-2.4%	-0.3%	-8.3%	7.4%	36.6%	11.4%
Revenue CAGR (3y)	-3.7%	-0.6%	10.4%	17.8%	22.1%	-
Revenue CAGR (5y)	5.5%	8.4%	12.4%	-	-	-
Gross profit growth (YoY)	-0.9%	9.9%	-72.1%	13.4%	-	-
Operating income growth (YoY)	-94.2%	-	-	20.6%	-56.7%	28.1%
Net income growth (YoY)	-21.5%	71.9%	-1629.5%	36.2%	-	-49.0%
EPS growth (YoY)	-21.2%	73.0%	-1642.9%	41.7%	-	-57.7%
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-	0.7%	-	94.9%	-98.6%	-
FCF CAGR (5y)	-	3.3%	18.3%	-	-	-
Book value growth (YoY)	-12.1%	-9.3%	-4.2%	-6.2%	6.1%	106.8%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$2.60B total

Warehouse Segment$2.38B · 91.4%

Transportation Segment$188.23M · 7.2%

Third Party Managed Segment$36.50M · 1.4%

Product / service

$1.98B total

Warehouse Services$1.07B · 54.2%

Warehouse Rent And Storage$807.54M · 40.7%

Transportation$90.15M · 4.5%

Third Party Managed$10.65M · 0.5%

Geographic

$2.60B total

North America$2.04B · 78.3%

Asia Pacific$311.76M · 12.0%

Europe$236.17M · 9.1%

South America$16.09M · 0.6%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✗Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Real Estate Investment Trusts

Company	Revenue (last FY)	Net margin	ROE
UMH	$261.75M	2.3%	0.7%
ARE	-	-	-9.2%
VTR	$5.83B	4.3%	2.0%
SPG	$6.36B	72.7%	88.8%
NYSE: KRC	$1.11B	0.0%	0.0%

Comparing AMERICOLD REALTY TRUST against the 5 most active filers in the same SIC group.

Dividends

$0.92/share trailing 12 months · +3.4% YoY

Ex-date	Per share
Mar 31, 2026	$0.2300
Dec 31, 2025	$0.2300
Sep 30, 2025	$0.2300
Jun 30, 2025	$0.2300
Mar 28, 2025	$0.2300
Dec 31, 2024	$0.2200
Sep 30, 2024	$0.2200
Jun 28, 2024	$0.2200
Mar 27, 2024	$0.2200
Dec 28, 2023	$0.2200
Sep 28, 2023	$0.2200
Jun 29, 2023	$0.2200
Mar 30, 2023	$0.2200
Dec 29, 2022	$0.2200
Sep 29, 2022	$0.2200
Jun 29, 2022	$0.2200
Mar 30, 2022	$0.2200
Dec 30, 2021	$0.2200
Sep 29, 2021	$0.2200
Jun 29, 2021	$0.2200
Mar 30, 2021	$0.2200
Dec 30, 2020	$0.2100
Sep 29, 2020	$0.2100
Jun 29, 2020	$0.2100

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.