undamentalytics Newsletter
Sign in

Americold Realty Trust (COLD) stock

Add to watchlist

Add holding +

NYSE: COLD NYSE Industrial REITs Next results ~November 5, 2026

B Fundamentals grade

Americold Realty Trust is a US-listed company in the industrial REITs industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$17

Dividend discount (growing dividend)

Base case. Range ~$14–$21. Today's dividend growing 2.5% a year, discounted at the cost of equity.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Americold Realty Trust valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds212 adding, 190 cuttingOf 42 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Americold Realty Trust files

Where Americold Realty Trust stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.61bn, down 0.2% on a year earlier, faster than -1.1% a quarter earlier. That puts it 20 of 22 for growth among the real estate investment trusts companies we cover. Our dividend discount value is $16.26 a share, against a share price of $14.01.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Americold Realty Trust's trailing-twelve-month revenue fell 0.2% year on year, with a free-cash-flow margin of -7.2%. Where it stands out: change in growth rate of +0.8pp ranks 1 of 10 industrial reits companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 48.2% while net income fell 732.5%: a 684pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Americold Realty Trust's latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 0.2% over the last 12 months.
  • Loss-making. Operating margin is -12.5%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 15.5 points on a year ago.
  • Burning cash. Free cash flow was -7.2% of revenue over the last 12 months.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 4 of the last four quarters.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
-$0.02 against an average estimate of $0.03: missed by 180.3%
Revenue
$663m, up 1.9% on a year earlier
Share reaction
+6.6% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
adjusted FFO per share $1.26 to $1.32 (full-year); warehouse segment same store revenues (constant currency) $2.03bn to $2.09bn (2026)
Next report
November 5, 2026; average EPS estimate -$0.06

Americold Realty Trust's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.6%
  • 1 week0.0%
  • 1 month+4.5%
  • This year+19.4%
  • 1 year+21.2%
  • 5 years-40.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.6B
Operating margin
-12.5%
Net margin
-17.4%
EPS (TTM, diluted)
$-1.59

Growth

Revenue growth
−0.2%
Change in growth rate
+0.8 pts
Share count change
+0.4%

Earnings

Last results
August 6, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Product
  2. Announcement
  3. Announcement
  4. Deal
  5. Leadership
  6. Dividend
  7. Announcement
  8. Results
  9. Announcement
  10. Guidance
  11. Announcement
  12. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Americold Realty Trust valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Americold Realty Trust as an equity reit, with every model that fits that kind of business. Cost of equity 8.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.7 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. — Does not apply: funds from operations not available or not positive
Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. — Does not apply: no positive funds from operations in the latest twelve months
Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. ~$17 ~$14–$21 Included
Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$17 ~$14–$21 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Americold Realty Trust with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

18 /100

Weak moat

How hard Americold Realty Trust's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -0.7% of total assets over 9 years.

  • Durability 0 / 20

    Operating margin has been a median 3.9%; its worst year was -12.5%.

  • Cash conversion 4 / 20

    Free cash flow was positive in 4 of 9 years, at a median -0.2% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 23.8% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $641m and EPS of −$0.06 (range −$0.06 to −$0.06) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$1.42 — $2.5bn −3%
Next −$0.12 +92% $2.5bn −1%

Next year's EPS estimate has moved −580.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +387.9% on 90 days ago. In the last 30 days, 0 analysts raised Americold Realty Trust's forecast and 0 cut it.

Consensus EPS forecast Americold Realty Trust, last 90 days
−$1.50 −$1.00 −$0.50 $0.00 $0.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.29 Current fiscal year, 60 days ago: −$0.81 Current fiscal year, 30 days ago: −$0.81 Current fiscal year, 7 days ago: −$0.81 Current fiscal year, Now: −$1.42 −$1.42 Next fiscal year, 90 days ago: $0.03 Next fiscal year, 60 days ago: −$0.21 Next fiscal year, 30 days ago: −$0.21 Next fiscal year, 7 days ago: −$0.21 Next fiscal year, Now: −$0.12 −$0.12

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.29$0.03
60 days ago −$0.81−$0.21
30 days ago −$0.81−$0.21
7 days ago −$0.81−$0.21
Now −$1.42−$0.12

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.03 −$0.02 −180.3%
Mar 2026 $0.04 $0.02 −59.0%
Dec 2025 $0.09 −$0.10 −213.0%
Sept 2025 $0.07 $0.05 −32.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026
  • Adjusted FFO per share full-year $1.26 to $1.32 Non-GAAP Raised
    “Our team continues to execute well, and the strength of our first-half operating performance, combined with the improving trends we are seeing across the business, gives us the confidence to increase our full-year Adjusted FFO guidance to a range of $1.26 to $1.32 per share.” source
  • Warehouse segment same store revenues (constant currency) · Warehouse (same store) 2026 $2.03bn to $2.09bn Non-GAAP
    “Warehouse segment same store revenues (constant currency) $2.03B - $2.09B $2.25B - $2.32B $2.20B - $2.27B” source
  • Warehouse segment same store NOI (constant currency) · Warehouse (same store) 2026 $660m to $695m Non-GAAP
    “Warehouse segment same store NOI (constant currency) $660M - $695M $760M - $800M $735M - $785M” source
  • Total Company NOI (constant currency) 2026 $775m to $815m Non-GAAP
    “Total Company NOI (constant currency) $775M - $815M $810M - $850M $780M - $845M” source
  • Total selling, general and administrative expense 2026 $250m to $260m
    “Total selling, general and administrative expense (guidance is inclusive of approximately $218M - $228M of core SG&A, $23M - $24M of share-based compensation expense, and $8M - $10M of Project Orion deferred costs amortization) $250M - $260M $250M - $260M $250M - $260M” source
  • Core EBITDA 2026 $570m to $600m Non-GAAP
    “Core EBITDA $570M - $600M $605M - $635M $570M - $620M” source
Show 3 more items
  • Interest expense 2026 $155m to $160m
    “Interest expense $155M - $160M $170M - $175M $170M - $180M” source
  • Current income tax expense 2026 $7m to $9m
    “Current income tax expense $7M - $9M $7M - $9M $6M - $8M” source
  • Total maintenance capital expenditures 2026 $60m to $70m
    “Total maintenance capital expenditures $60M - $70M $60M - $70M $60M - $70M” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

17 analysts, Oct 2026
Buy741%
Hold953%
Sell16%

Monthly trend

  1. Oct 202625917
  2. Sep 202651017
  3. Aug 202659217
  4. Jul 202658317

Counts of recommendations published by analysts covering Americold Realty Trust, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.0%
of tradable shares
Days to cover
8.49
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.1%
of shares
Employees
12,690
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +21.2%

$12.04 on October 31, 2025 to $14.60

ThenNowEffect
Revenue (last 12 months) $2.6bn $2.6bn −0.2%
P/S multiple 1.3x 1.6x +21.9%
Share count 285m 286m −0.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −36.4%

$22.97 on November 3, 2023 to $14.60

ThenNowEffect
Revenue (last 12 months) $2.8bn $2.6bn −6.8%
P/S multiple 2.2x 1.6x −27.7%
Share count 270m 286m −5.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
COLD−10%−11%+10%−27%−36%+19%
Industry peers (median)+60%−32%+22%−10%+14%+8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
COLD67%42%58%17%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
COLD−30%−32%−27%−30%−54%−21%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since January 19, 2018: 71% from July 20, 2021 to November 20, 2025. Getting back needed a 242% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$9.46 – $15.99
From 52-week high
−8.7%
vs 50-day average
+2.5%
vs 200-day average
+8.6%
Volatility (1 year)
44%
Beta vs S&P 500
0.74

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±7.4%
After a week
5 up, 7 down
typical move ±9.4%
After a month
6 up, 6 down
typical move ±8.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +6.6% +0.5% +7.8% +1.4%
May 7, 2026 +16.8% +0.5% +14.9% +14.1%
February 19, 2026 +11.8% +0.5% +13.2% −6.3%
November 6, 2025 −8.0% −1.0% −16.1% −17.1%
August 7, 2025 −10.3% +0.7% −8.8% −16.5%
May 8, 2025 −7.0% +0.6% −2.2% −4.6%
February 20, 2025 +5.1% −2.1% +9.7% +1.3%
November 7, 2024 −9.9% +1.2% −14.0% −7.3%
August 8, 2024 +0.4% +2.8% −2.6% +1.6%
May 9, 2024 +5.6% +0.7% +8.3% +17.2%
February 22, 2024 −7.7% +2.1% −9.4% −11.1%
November 2, 2023 0.0% +2.8% −6.3% +7.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Americold Realty Trust in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Americold Realty Trust
$2.6B $2.7B $2.7B $2.8B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $2.7B Revenue (TTM), FY23 Q4: $2.7B Revenue (TTM), FY24 Q1: $2.7B Revenue (TTM), FY24 Q2: $2.7B Revenue (TTM), FY24 Q3: $2.7B Revenue (TTM), FY24 Q4: $2.7B Revenue (TTM), FY25 Q1: $2.6B Revenue (TTM), FY25 Q2: $2.6B Revenue (TTM), FY25 Q3: $2.6B Revenue (TTM), FY25 Q4: $2.6B Revenue (TTM), FY26 Q1: $2.6B Revenue (TTM), FY26 Q2: $2.6B $2.6B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $2.7B
FY23 Q4 $2.7B
FY24 Q1 $2.7B
FY24 Q2 $2.7B
FY24 Q3 $2.7B
FY24 Q4 $2.7B
FY25 Q1 $2.6B
FY25 Q2 $2.6B
FY25 Q3 $2.6B
FY25 Q4 $2.6B
FY26 Q1 $2.6B
FY26 Q2 $2.6B
Revenue growth, TTM YoY Americold Realty Trust
-10% -5% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -6.7% Revenue growth, TTM YoY, FY23 Q4: -8.3% Revenue growth, TTM YoY, FY24 Q1: -7.8% Revenue growth, TTM YoY, FY24 Q2: -4.7% Revenue growth, TTM YoY, FY24 Q3: -1.3% Revenue growth, TTM YoY, FY24 Q4: -0.3% Revenue growth, TTM YoY, FY25 Q1: -1.2% Revenue growth, TTM YoY, FY25 Q2: -2.0% Revenue growth, TTM YoY, FY25 Q3: -2.6% Revenue growth, TTM YoY, FY25 Q4: -2.4% Revenue growth, TTM YoY, FY26 Q1: -1.1% Revenue growth, TTM YoY, FY26 Q2: -0.2% -0.2%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -6.7%
FY23 Q4 -8.3%
FY24 Q1 -7.8%
FY24 Q2 -4.7%
FY24 Q3 -1.3%
FY24 Q4 -0.3%
FY25 Q1 -1.2%
FY25 Q2 -2.0%
FY25 Q3 -2.6%
FY25 Q4 -2.4%
FY26 Q1 -1.1%
FY26 Q2 -0.2%
Operating margin (TTM) Americold Realty Trust
-15% -10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 4.4% Operating margin (TTM), FY23 Q4: -4.1% Operating margin (TTM), FY24 Q1: -3.7% Operating margin (TTM), FY24 Q2: -2.1% Operating margin (TTM), FY24 Q3: -2.3% Operating margin (TTM), FY24 Q4: 4.7% Operating margin (TTM), FY25 Q1: 4.0% Operating margin (TTM), FY25 Q2: 3.0% Operating margin (TTM), FY25 Q3: 2.6% Operating margin (TTM), FY25 Q4: 0.3% Operating margin (TTM), FY26 Q1: -0.0% Operating margin (TTM), FY26 Q2: -12.5% -12.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 4.4%
FY23 Q4 -4.1%
FY24 Q1 -3.7%
FY24 Q2 -2.1%
FY24 Q3 -2.3%
FY24 Q4 4.7%
FY25 Q1 4.0%
FY25 Q2 3.0%
FY25 Q3 2.6%
FY25 Q4 0.3%
FY26 Q1 -0.0%
FY26 Q2 -12.5%
FCF margin (TTM) Americold Realty Trust
-10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 2.5% FCF margin (TTM), FY23 Q4: 3.8% FCF margin (TTM), FY24 Q1: 5.5% FCF margin (TTM), FY24 Q2: 8.8% FCF margin (TTM), FY24 Q3: 5.3% FCF margin (TTM), FY24 Q4: 3.8% FCF margin (TTM), FY25 Q1: 0.1% FCF margin (TTM), FY25 Q2: -4.8% FCF margin (TTM), FY25 Q3: -5.7% FCF margin (TTM), FY25 Q4: -8.3% FCF margin (TTM), FY26 Q1: -7.9% FCF margin (TTM), FY26 Q2: -7.2% -7.2%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 2.5%
FY23 Q4 3.8%
FY24 Q1 5.5%
FY24 Q2 8.8%
FY24 Q3 5.3%
FY24 Q4 3.8%
FY25 Q1 0.1%
FY25 Q2 -4.8%
FY25 Q3 -5.7%
FY25 Q4 -8.3%
FY26 Q1 -7.9%
FY26 Q2 -7.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,490 1,544 1,604 1,784 1,988 2,715 2,915 2,673 2,667 2,602 2,615
Gross profit — — — — — — 696 771 847 839 830
EBITDA 251 254 298 295 384 393 419 245 485 375 56
Operating income 132 137 180 131 168 73 88 −108 124 7 −326
Net income 5 −1 48 48 25 −30 −19 −336 −94 −115 −456
Diluted EPS −$0.17 −$0.21 $0.31 $0.26 $0.11 −$0.12 −$0.07 −$1.22 −$0.33 −$0.40 −$1.59
Growth (year on year)
Revenue — +3.6% +3.9% +11.2% +11.4% +36.6% +7.4% −8.3% −0.3% −2.4% −0.2%
EBITDA — +1.2% +17.3% −0.9% +30.4% +2.2% +6.7% −41.5% +97.5% −22.7% −87.1%
Operating income — +3.7% +31.4% −26.9% +28.1% −56.7% +20.4% −223.3% — −94.2% −514.8%
Net income — — — +0.4% −49.0% — — — — — —
Diluted EPS — — — −16.1% −57.7% — — — — — —
Margins
Gross margin — — — — — — 23.9% 28.8% 31.8% 32.3% 31.7%
EBITDA margin 16.8% 16.4% 18.6% 16.5% 19.3% 14.5% 14.4% 9.2% 18.2% 14.4% 2.2%
Operating margin 8.9% 8.9% 11.2% 7.4% 8.5% 2.7% 3.0% −4.1% 4.7% 0.3% −12.5%
Net margin 0.3% −0.0% 3.0% 2.7% 1.2% −1.1% −0.7% −12.6% −3.5% −4.4% −17.4%
Free-cash-flow margin 2.9% 0.9% 2.7% 1.1% −4.2% −6.1% −0.3% 3.8% 3.8% −8.3% −7.2%
Cash flow
Cash from operations 119 163 188 236 294 273 300 366 412 360 349
Capital spending 75 149 145 217 377 438 308 264 309 577 537
Free cash flow 44 14 43 19 −83 −165 −8 102 102 −217 −188
Stock-based pay 3 2 11 16 18 24 27 24 28 30 28
Free cash flow after stock pay 41 12 32 3 −101 −189 −36 78 74 −247 −216
Balance sheet
Cash 23 49 208 234 621 83 53 60 48 137 40
Total debt 0 1,722 0 0 2,664 2,854 3,082 3,004 3,300 4,140 4,259
Net debt (negative = net cash) −23 1,673 −208 −234 2,043 2,771 3,029 2,943 3,253 4,003 4,218
Diluted shares 140m 140m 144m 184m 207m 259m 270m 276m 285m 286m 286m
Returned to shareholders
Dividends 20 20 77 135 167 228 239 242 252 261 264
Total returned 20 20 77 135 167 228 239 242 252 261 264

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$264M
Returned to shareholders
-141%
of free cash flow
Diluted share count
+0.4%
year over year
Total shareholder yield
6.3%
dividends 6.3% + buybacks 0.0% of market value
Sales & admin spending
10.2%
of revenue

Competitors: side by side with peers

Closest by revenue in industrial reits
Last 12 months unless stated COLD LINE REXR STAG FR EGP Median
Revenue, last 12 months $2.6bn $5.4bn $978m $901m $775m $770m $838m
Revenue growth, last 12 months −0.2% 1.0% −2.0% 9.3% 8.5% 10.4% 7.9%
Revenue growth, 3-year average −2.3% — 8.5% 9.0% 8.8% 11.8% 8.8%
Revenue growth, latest quarter 1.9% 0.8% −5.6% 9.4% 8.6% 9.5% 8.2%
Gross margin 31.7% 32.0% — — — — 32.0%
Operating margin −12.5% 3.6% 73.3% — — 36.1% 36.1%
Operating margin, 3-year average −3.9% 0.4% 72.6% — — 35.1% 35.1%
Net margin −17.4% −3.1% −47.1% 29.9% 46.1% 41.0% 32.1%
Cash from operations / revenue 13.4% 18.4% 52.3% 53.3% 56.9% 70.4% 53.2%
Free-cash-flow margin −7.2% 4.5% 26.8% 18.0% 31.1% 62.9% 22.4%
Free-cash-flow margin, 3-year average −1.1% 2.9% 19.3% 37.2% 30.1% 56.0% 23.9%
Stock pay / revenue 1.1% 2.0% 8.0% 1.6% 2.9% 1.6% 2.2%
Change in share count 0.4% 1.4% −1.8% 2.7% 0.1% 3.0% 0.5%

Median of all 10 companies we cover in industrial reits. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

10 industrial reits companies
Measure Company Peer median Rank
Revenue growth Growth -0.2% 8.5% 8 of 10
Change in growth rate Growth +0.8pp -0.0pp 1 of 10
Net margin Profitability -17.4% 34.3% 8 of 10
Stock pay as % of revenue Cash generation 1.1% 2.2% 1 of 9
Change in share count Balance sheet 0.4% 0.5% 4 of 9

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Warehouse Services $1.3B ▼ 0.9%
Warehouse Rent and Storage $971M ▼ 2.7%
Transportation $188M ▼ 10.0%
Third Party Managed $36.5M ▼ 10.3%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
North America $2B ▼ 4.2%
Asia Pacific $310M ▲ 9.5%
Europe $233M ▼ 1.0%
South America $16.1M ▼ 4.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Americold Realty Trust's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$4.7B
Institutions reporting
408
Shares held vs prior quarter
▼ 0.4%
Positions opened / closed
65 / 52

Top buyers and sellers, Q2 2026: 212 institutions bought and 190 sold ; the biggest buyer was Prudential Financial Inc (+7.8M shares) and the biggest seller Canada Pension Plan Investment Board (−6.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Vanguard Portfolio Management LLC $379M 24.1M 8.0% ▲ 1.4%
Blackrock, Inc. $351M 22.3M 7.4% ▲ 2.7%
FMR LLC $283M 18.0M 6.0% ▲ 18.9%
Fuller & Thaler Asset Management, Inc. $266M 16.9M 5.6% ▼ 0.7%
APG Asset Management Us Inc. $205M 12.8M 4.3% 0.0%
Vanguard Capital Management LLC $202M 12.8M 4.3% ▼ 0.1%
State Street Corp $163M 10.2M 3.4% ▼ 1.5%
Prudential Financial Inc $127M 8.1M 2.7% ▲ 2400.6%
Canada Pension Plan Investment Board $127M 8.1M 2.7% ▼ 45.3%
Charles Schwab Investment Management Inc $108M 6.9M 2.3% ▲ 4.3%
Baupost Group LLC $107M 6.8M 2.3% ▼ 12.2%
Alyeska Investment Group, L.P. $87.8M 5.6M 1.9% ▲ 17.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Americold Realty Trust's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $25,390 4 trades by 1 insider · 0% under pre-set plans
Net ▼ $25,390 net selling
Insider Date Trade Shares Price Value
Harris Robert E. SVP & Chief Accounting Oficer July 2, 2026 Sell 442 $16.27 $7,191
Harris Robert E. Chief Accounting Officer March 16, 2026 Sell 665 $11.40 $7,581
Harris Robert E. Chief Accounting Officer March 8, 2026 Sell 308 $11.97 $3,687
Harris Robert E. Chief Accounting Officer March 8, 2026 Sell 579 $11.97 $6,931

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 18 trades and filings

No trades in Americold Realty Trust disclosed in the last 12 months; 18 earlier trades on record.

  • Lois Frankel(D-FL 22):Sale (full), $1,001 - $15,000, traded September 8, 2023, filed October 10, 2023
  • Lois Frankel(D-FL 21):Purchase, $1,001 - $15,000, traded October 27, 2022, filed November 18, 2022
  • Lois Frankel(D-FL 21):Purchase, $1,001 - $15,000, traded May 2, 2022, filed June 9, 2022

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 19, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Americold Realty Trust was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Americold Realty Trust in brief

What does Americold Realty Trust do?
Americold Realty Trust is a US-listed company in the industrial REITs industry. Its financial year ends in December.
What is Americold Realty Trust's stock ticker?
Americold Realty Trust trades under the ticker COLD on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Americold Realty Trust's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Americold Realty Trust reported revenue of $2.6B, 0.2% lower than a year earlier, according to its SEC filings.
What is Americold Realty Trust's free cash flow?
Americold Realty Trust's free-cash-flow margin is -7.2% of revenue over the trailing twelve months.
Who are Americold Realty Trust's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Vanguard Portfolio Management LLC, Blackrock, Inc. and FMR LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Americold Realty Trust's market cap?
On November 2, 2026, Americold Realty Trust's market capitalisation was about $4.2B and net debt of $4.2B. Market figures come from third-party market data and may be delayed.
Does Americold Realty Trust pay a dividend?
Yes: Americold Realty Trust paid $264M in dividends over the trailing twelve months, a dividend yield of 6.34%.
Who are Americold Realty Trust's competitors?
In our Industrial REITs peer group, the companies closest to Americold Realty Trust are Lineage, Inc., Rexford Industrial Realty, Inc., Stag Industrial, Inc., First Industrial Realty Trust Inc and Eastgroup Properties Inc. The side-by-side comparison below sets their revenue, margins and growth against Americold Realty Trust's.
Are insiders buying or selling Americold Realty Trust stock?
Over the last 12 months, Americold Realty Trust's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Americold Realty Trust's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Americold Realty Trust announces its own schedule.