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COLDAmericold Realty Trust, Inc.
$16.25$4.6B
Overview & Verdict
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COLD logoAmericold Realty Trust, Inc.(COLD)Earnings, Financials & Key Ratios

COLD•NYSE•REIT / Real Estate
$16.25
Price updated Jul 7, 2026
SectorReal EstateIndustryIndustrial REITsSub-IndustryCold Storage and Specialty Industrial REITs
AboutAmericold is the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 185 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina. Americold's facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.Show more
  • Revenue$2.6B-2.4%
  • FFO$253M-5.1%
  • FFO/Share0.88-5.5%
  • FFO Payout103.39%+9.3%
  • FFO per Share0.88-5.5%
  • NOI Margin4.02%-87.3%
  • FFO Margin9.72%-2.8%
  • ROE-3.68%-35.4%
  • ROA-1.44%-19.5%

COLD Price & Volume

Americold Realty Trust, Inc. (COLD) stock price & volume — 10-year historical chart

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Persistent Capital Intensity Strains Operational Cash Flow

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Strained
Cash Flow:Burning
Primary Risk:Negative AFFO Dividend Coverage

Key Thesis Takeaways

  • Americold faces a challenging fundamental outlook characterized by stagnant revenue growth of 0.1% in 2026Q1 and a persistent inability to generate positive AFFO, which reached -$26.6M in the same period.
  • The company's reliance on external debt to fund its $110.0M quarterly capital expenditure requirements has driven the debt-to-equity ratio to 1.59, raising significant concerns regarding long-term dividend sustainability.
  • Investors should monitor whether the firm can achieve meaningful margin expansion beyond its current 31.0% NOI level to offset the high fixed costs inherent in its specialized cold-chain infrastructure.

Verdict Logic

the company's inability to generate positive AFFO, evidenced by a -$26.6M result in 2026Q1, indicates that the current dividend payout is not supported by recurring cash flow.

COLD Growth Metrics

Americold Realty Trust, Inc. (COLD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.79%
5 Years5.53%
3 Years-3.71%
TTM-1.06%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM7.19%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM8.34%

Return on Capital

10 Years3.15%
5 Years0.77%
3 Years0.55%
Last Year1.4%

COLD Recent Earnings

Americold Realty Trust, Inc. (COLD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (8%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.05-118.5%
$0.27
Rev
$630M+2.6%
$614M
Q1 2026
Feb 19, 2026
Metric
Actual
Est
EPS
$0.31-488.2%
$0.08
Rev
$658M+0.6%
$655M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.04-111.4%
$0.35
Rev
$664M+1.4%
$655M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.01-97.1%
$0.34
Rev
$651M-4.5%
$682M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.05vs $0.27-118.5%
$630Mvs $614M+2.6%
Q1 2026Feb 19, 2026
$0.31vs $0.08-488.2%
$658Mvs $655M+0.6%
Q4 2025Nov 6, 2025
$0.04vs $0.35-111.4%
$664Mvs $655M+1.4%
Q3 2025Aug 7, 2025
$0.01vs $0.34-97.1%
$651Mvs $682M-4.5%
Based on last 12 quarters of dataView full earnings history →

Latest COLD News

Recent stock market news and headlines for Americold Realty Trust, Inc. (COLD)

Seeking Alpha·Jun 30, 2026
Americold: The High-Yield Re-Rating Story Isn't Over

Americold Realty Trust remains a Buy, offering a strong yield and margin of safety amid challenging macro conditions. The $1.3B joint venture with EQT unlocks $1.1B in cash for debt repayment, strengthening COLD's balance sheet. COLD maintained AFFO guidance of $1.20–$1.30/share for 2026, with a 5.76% dividend yield and a 73.6% payout ratio, although the recent EQT deal can change the guidance.

Seeking Alpha·Jun 19, 2026
Americold Realty Trust: A Chilly Upside For Cold-Storage REIT That Grew Globally

Americold Realty Trust gets its hold rating reaffirmed again. Strengths include price return, global scale as a leading cold-storage REIT, an investment grade from Fitch, and dividend safety. The REIT recently announced a new facility opening in Canada.

GlobeNewsWire·Jun 18, 2026
DP World, Americold Unveil New Cold Storage Facility at Port Saint John

SAINT JOHN, New Brunswick, June 18, 2026 (GLOBE NEWSWIRE) -- DP World today announced the operational launch of Americold's new cold storage facility at Port Saint John, expanding temperature-controlled logistics capacity in Eastern Canada and strengthening the region's role as a gateway for global food trade. The Americold facility – which supports approximately 22,000 pallet positions – is located adjacent to DP World's Saint John terminal and connected to Canadian Pacific Kansas City's (CPKC) rail network, enhancing the movement of temperature-sensitive goods between vessel, rail, and truck.

GlobeNewsWire·Jun 18, 2026
Americold Opens Integrated Cold Chain Facility at Port Saint John, One of North America's Fastest-Growing Trade Gateways

ATLANTA, June 18, 2026 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate and value-added services, today announced the grand opening of its import-export hub at Port Saint John in New Brunswick, Canada during Port Days 2026, the Port's annual maritime and industry conference. Developed in collaboration with DP World and Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), the facility is the first of its kind globally to combine Americold's cold storage operations, DP World's maritime logistics capabilities, and CPKC's rail network in a single location.

Peers Comparison

Key metrics vs top competitors for Americold Realty Trust, Inc. (COLD)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
COLD logoCOLDAmericold Realty Trust, Inc.Current
$16.25$4.64B-40.63-2.43%-4.4%-3.68%5.63%
NSA logoNSANational Storage Affiliates Trust
$45.94$3.54B65.63-2.26%11.92%5.74%—
CUBE logoCUBECubeSmart
$40.88$9.32B28.005.33%28.93%11.7%—
EXR logoEXRExtra Space Storage Inc.
$147.73$31.21B32.191.19%27.82%6.54%—
PLD logoPLDPrologis, Inc.
$143.61$133.89B40.577.18%41.54%6.46%—
STAG logoSTAGSTAG Industrial, Inc.
$39.12$7.48B26.7910.14%28.26%6.8%—

Compare COLD vs Peers

Americold Realty Trust, Inc. (COLD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NSA

Most directly comparable listed peer for COLD.

Scale Benchmark

vs PLD

Larger-name benchmark to compare COLD against a more recognizable public peer.

Peer Set

Compare Top 5

vs NSA, CUBE, EXR, PLD

COLD SEC Filings & Documents

Americold Realty Trust, Inc. (COLD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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COLD Frequently Asked Questions

Americold Realty Trust, Inc. (COLD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Americold Realty Trust, Inc.'s revenue?

Americold Realty Trust, Inc. (COLD) reported $2.60B in revenue for fiscal year 2025. This represents a 207% increase from $847.0M in 2007.

How fast is Americold Realty Trust, Inc. growing?

Americold Realty Trust, Inc. (COLD) saw revenue decline by 2.4% over the past year.

Is COLD profitable?

Americold Realty Trust, Inc. (COLD) reported a net loss of $111.8M for fiscal year 2025.

Dividend & Returns
Does COLD pay dividends?

Yes, Americold Realty Trust, Inc. (COLD) pays a dividend with a yield of 5.63%. This makes it attractive for income-focused investors.

What is COLD's return on equity?

Americold Realty Trust, Inc. (COLD) has a return on equity (ROE) of -3.7%. Negative ROE indicates the company is unprofitable.

Industry Metrics
What is Americold Realty Trust, Inc.'s FFO?

Americold Realty Trust, Inc. (COLD) generated Funds From Operations (FFO) of $263.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is COLD a good dividend stock?

Americold Realty Trust, Inc. (COLD) offers a 5.63% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in COLD back in 2007?

Total return calculator · dividends reinvested · 19+ years of data

See returns →