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Americold Realty Trust, Inc. (COLD) 10-Year Financial Performance & Capital Metrics

COLD • • REIT / Real Estate
Real EstateIndustrial REITsSpecialized Industrial REITsTemperature-Controlled Storage
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 $2.67B -0.3%
  • FFO $267M +1420.4%
  • FFO/Share 0.94 +1372.3%
  • FFO Payout 94.6% -93.2%
  • FFO per Share 0.94 +1372.3%
  • NOI Margin 31.75% +10.2%
  • FFO Margin 9.99% +1424.2%
  • ROE -2.72% +70.0%
  • ROA -1.21% +71.3%
  • Debt/Assets 47.58% +7.2%
  • Net Debt/EBITDA 7.49 -46.4%
  • Book Value/Share 11.61 -11.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FFO growing 267.2% TTM
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Low NOI margin of 31.8%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.36%
5Y8.37%
3Y-0.6%
TTM-2.6%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM78.09%

EPS CAGR

10Y-
5Y-
3Y-
TTM78%

ROCE

10Y Avg3.6%
5Y Avg1.09%
3Y Avg0.49%
Latest1.8%

Peer Comparison

Temperature-Controlled Storage
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
LINELineage, Inc.8.32B36.46-9.85-0.04%-3.3%-1.89%0.14%0.71
COLDAmericold Realty Trust, Inc.3.82B13.42-40.67-0.25%-2.39%-2.03%2.68%1.11

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+1.48B1.49B1.54B1.6B1.78B1.99B2.71B2.91B2.67B2.67B
Revenue Growth %0.95%0.01%0.04%0.04%0.11%0.11%0.37%0.07%-0.08%-0%
Property Operating Expenses1.14B1.14B1.17B1.2B1.31B1.44B2.09B2.22B1.9B1.82B
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+226.36M213.52M237.12M225.69M346.79M383.05M556.81M608.09M878.88M722.72M
G&A Expenses91.22M96.73M99.62M110.83M129.31M144.74M182.08M231.07M226.79M255.12M
EBITDA+236.9M250.89M253.88M297.76M294.96M384.49M392.81M419.32M245.44M484.83M
EBITDA Margin %----------
Depreciation & Amortization+126.24M118.77M116.89M117.8M163.5M216.04M319.84M331.45M353.74M360.82M
D&A / Revenue %----------
Operating Income+110.66M132.12M136.99M179.96M131.47M168.45M72.97M87.87M-108.31M124.01M
Operating Margin %----------
Interest Expense+116.71M119.55M114.9M93.31M94.41M91.48M99.18M116.13M140.11M135.32M
Interest Coverage0.95x1.11x1.19x1.93x1.39x1.84x0.74x0.76x-0.77x0.92x
Non-Operating Income4.89M1.76M13.31M42.28M-5.95M59.34M4.39M1.67M79.68M91.86M
Pretax Income+-10.94M10.81M8.79M44.37M43.01M17.63M-30.6M-29.93M-328.09M-103.18M
Pretax Margin %----------
Income Tax+9.64M5.88M9.39M-3.62M-5.16M-6.93M-1.57M-18.84M-2.27M-8.43M
Effective Tax Rate %----------
Net Income+-21.18M4.93M-608K47.98M48.16M24.54M-30.45M-19.44M-336.21M-94.31M
Net Margin %----------
Net Income Growth %0.51%1.23%-1.12%79.92%0%-0.49%-2.24%0.36%-16.3%0.72%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %0.9%0.18%-0.06%0.43%0.28%0.14%0.2%0.08%-0.94%14.2%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+-0.73-0.35-0.430.310.260.12-0.12-0.07-1.22-0.33
EPS Growth %-0.2%0.52%-0.23%1.72%-0.16%-0.54%-2%0.4%-15.92%0.73%
EPS (Basic)-0.73-0.35-0.430.330.270.12-0.12-0.07-1.22-0.33
Diluted Shares Outstanding69.76M69.89M70.02M144.34M183.95M206.94M261.13M269.56M275.77M284.78M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+2.4B2.33B2.39B2.53B4.17B7.83B8.22B8.1B7.87B7.74B
Asset Growth %0.51%-0.03%0.03%0.06%0.65%0.88%0.05%-0.01%-0.03%-0.02%
Real Estate & Other Assets+51M3.88M13.64M58.27M14.79M10.44M57.55M90.81M105.08M195.73M
PP&E (Net)1.85B1.78B1.83B1.84B3.05B5.16B5.55B5.42B5.46B5.35B
Investment Securities1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Current Assets+264.77M304.21M316.63M454.13M496.73M1.01B517M551M575.44M530.08M
Cash & Equivalents33.43M22.83M48.87M208.08M234.3M621.05M82.96M53.06M60.39M47.65M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets47.98M40.1M46.2M06.31M00000
Intangible Assets26.3M24.25M26.64M25.06M284.76M797.42M980.97M925.22M897.41M838.66M
Total Liabilities2.14B2.11B2.21B1.83B2.34B4.04B4.19B4.32B4.23B4.43B
Total Debt+1.86B1.83B1.9B1.51B1.93B3.23B3.42B3.58B3.49B3.68B
Net Debt1.83B1.81B1.85B1.3B1.7B2.61B3.34B3.53B3.43B3.63B
Long-Term Debt1.68B1.68B1.74B1.35B1.7B2.65B2.44B2.57B2.6B3.03B
Short-Term Borrowings0000001000K1000K1000K1000K
Capital Lease Obligations182.42M151.55M159.64M159.71M236.27M580.13M578.22M513.28M499.37M393.88M
Total Current Liabilities+158.69M196.86M241.26M197.81M275.61M414.21M951.36M1.06B956.27M844.5M
Accounts Payable49.77M64.43M93.5M85.04M109.22M179.03M223.93M215.25M201.09M221.64M
Deferred Revenue18.37M17.86M18.85M18.63M16.42M19.21M26.14M32.05M28.38M21.98M
Other Liabilities83.34M63.41M66.68M61.87M96.79M156M44.54M41.33M42.11M43.33M
Total Equity+261.01M222.47M185.87M706.75M1.83B3.79B4.03B3.79B3.63B3.31B
Equity Growth %-0.29%-0.15%-0.16%2.8%1.59%1.07%0.06%-0.06%-0.04%-0.09%
Shareholders Equity261.01M222.47M185.87M706.75M1.83B3.79B4.02B3.77B3.62B3.28B
Minority Interest000002.38M8.07M14.46M18.46M26.22M
Common Stock694K694K694K1.48M1.92M2.52M2.68M2.7M2.84M2.84M
Additional Paid-in Capital387.09M392.59M394.08M1.36B2.58B4.69B5.17B5.19B5.63B5.65B
Retained Earnings-488.46M-532.2M-581.47M-638.35M-736.86M-895.52M-1.16B-1.42B-2B-2.34B
Preferred Stock370.99M371.93M372.79M0000000
Return on Assets (ROA)-0.01%0%-0%0.02%0.01%0%-0%-0%-0.04%-0.01%
Return on Equity (ROE)-0.07%0.02%-0%0.11%0.04%0.01%-0.01%-0%-0.09%-0.03%
Debt / Assets0.78%0.79%0.79%0.6%0.46%0.41%0.42%0.44%0.44%0.48%
Debt / Equity7.13x8.23x10.23x2.14x1.05x0.85x0.85x0.95x0.96x1.11x
Net Debt / EBITDA7.71x7.21x7.30x4.37x5.75x6.78x8.50x8.42x13.98x7.49x
Book Value per Share3.743.182.654.909.9618.3315.4314.0513.1811.61

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+106.52M118.78M163.33M188.17M236.19M293.68M273.06M300M366.15M411.88M
Operating CF Growth %0.22%0.12%0.38%0.15%0.26%0.24%-0.07%0.1%0.22%0.12%
Operating CF / Revenue %----------
Net Income-21.18M4.93M-608K47.98M48.16M24.55M-30.31M-19.47M-336.27M-94.75M
Depreciation & Amortization126.24M125.96M116.74M117.8M163.5M216.04M319.84M331.45M353.74M360.82M
Stock-Based Compensation3.11M6.44M2.36M10.68M15.87M17.9M23.93M27.14M23.59M28.23M
Other Non-Cash Items25.49M-4.26M41.1M28.26M17.44M46.63M81.46M101.42M402.31M193.74M
Working Capital Changes-24.85M-18.86M6.09M-13.4M1.92M2.29M-112.71M-114.56M-66.44M-62.96M
Cash from Investing+-66.83M-33.73M-138.83M-125.7M-1.6B-2.25B-1.24B-348.49M-357.07M-313.18M
Acquisitions (Net)0000-1.3B-1.88B-748.33M-30.26M-34.91M-13.05M
Purchase of Investments-675.01M0000-922.35M0000
Sale of Investments000001000K0000
Other Investing-5.57M33.22M10.16M19.51M1.15M79.66M959K4.71M8.07M9.32M
Cash from Financing+-28.12M-95.32M-18.6M84.94M1.4B2.33B431.49M23.32M-285K-106.78M
Dividends Paid-48.67M-48.67M-48.67M-78.47M-135.44M-167.09M-227.52M-238.71M-242.22M-252.12M
Common Dividends-20.21M-20.21M-20.21M-76.52M-135.44M-167.09M-227.52M-238.71M-242.22M-252.12M
Debt Issuance (Net)1000K-1000K1000K-1000K1000K1000K1000K1000K-1000K1000K
Share Repurchases0000000000
Other Financing-14.79M-10.83M-4.21M-11.93M1.08M-10.28M-24.22M-12.11M2.62M-3.74M
Net Change in Cash+8.34M-18.48M7.03M144.13M26.52M380.44M-538.09M-29.89M7.33M-12.74M
Exchange Rate Effect-1000K-324K1000K-1000K-110K1000K-1000K-1000K-1000K-1000K
Cash at Beginning25.09M81.41M62.93M69.96M214.1M240.61M621.05M82.96M53.06M60.39M
Cash at End33.43M62.93M69.96M214.1M240.61M621.05M82.96M53.06M60.39M47.65M
Free Cash Flow+46.6M43.91M14.33M42.95M-66.24M-108.67M-218.77M-22.95M35.92M102.42M
FCF Growth %-0.09%-0.06%-0.67%2%-2.54%-0.64%-1.01%0.9%2.57%1.85%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share1.511.771.661.151.151.161.111.160.060.94
FFO Payout Ratio19.24%16.34%17.38%46.16%63.99%69.45%78.62%76.51%1381.91%94.6%
NOI Margin22.75%23.2%24.24%25.3%26.81%27.75%23.2%23.88%28.82%31.75%
Net Debt / EBITDA7.71x7.21x7.30x4.37x5.75x6.78x8.50x8.42x13.98x7.49x
Debt / Assets77.59%78.71%79.38%59.66%46.32%41.23%41.64%44.2%44.38%47.58%
Interest Coverage0.95x1.11x1.19x1.93x1.39x1.84x0.74x0.76x-0.77x0.92x
Book Value / Share3.743.182.654.99.9618.3315.4314.0513.1811.61
Revenue Growth94.66%0.58%3.6%3.89%11.23%11.44%36.58%7.36%-8.28%-0.25%

Revenue by Segment

2018201920202021202220232024
Warehouse Services-----1.29B1.36B
Warehouse Services Growth------5.27%
Warehouse Rent And Storage-----1.05B997.71M
Warehouse Rent And Storage Growth-------4.95%
Transportation-----239.67M209.13M
Transportation Growth-------12.74%
Third-Party Managed-----42.57M40.67M
Third-Party Managed Growth-------4.47%
Warehouse1.18B1.38B1.55B2.09B2.3B--
Warehouse Growth-17.02%12.50%34.60%10.43%--
Transportation158.79M144.84M142.2M312.09M313.36M--
Transportation Growth--8.78%-1.82%119.47%0.41%--
Third-Party Managed259.03M252.94M291.75M317.31M298.41M--
Third-Party Managed Growth--2.35%15.34%8.76%-5.96%--
Other8.9M8.71M4.46M----
Other Growth--2.18%-48.78%----

Revenue by Geography

2018201920202021202220232024
North America---2.09B2.31B2.13B2.12B
North America Growth----10.39%-7.97%-0.09%
Asia Pacific--152.56M172.7M262.13M267.95M285.23M
Asia Pacific Growth---13.20%51.78%2.22%6.45%
Europe---321.7M325.71M264.62M240.89M
Europe Growth----1.25%-18.76%-8.97%
South America--2.61M6.32M17.4M15.3M16.91M
South America Growth---142.30%175.13%-12.07%10.52%
UNITED STATES1.31B1.51B-----
UNITED STATES Growth-14.89%-----
AUSTRALIA119.67M124.05M-----
AUSTRALIA Growth-3.66%-----
CANADA18.34M17.87M-----
CANADA Growth--2.54%-----
NEW ZEALAND16.63M13.7M-----
NEW ZEALAND Growth--17.63%-----
ARGENTINA3.11M3.07M-----
ARGENTINA Growth--1.19%-----

Frequently Asked Questions

Growth & Financials

Americold Realty Trust, Inc. (COLD) reported $2.61B in revenue for fiscal year 2024. This represents a 208% increase from $847.0M in 2007.

Americold Realty Trust, Inc. (COLD) saw revenue decline by 0.3% over the past year.

Americold Realty Trust, Inc. (COLD) reported a net loss of $62.4M for fiscal year 2024.

Dividend & Returns

Yes, Americold Realty Trust, Inc. (COLD) pays a dividend with a yield of 6.60%. This makes it attractive for income-focused investors.

Americold Realty Trust, Inc. (COLD) has a return on equity (ROE) of -2.7%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Americold Realty Trust, Inc. (COLD) generated Funds From Operations (FFO) of $294.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Americold Realty Trust, Inc. (COLD) offers a 6.60% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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