Americold Realty Trust, Inc. (COLD) Financial Ratios
19 years of historical data (2007–2025) · Real Estate · REIT - Industrial
EV/EBITDA
↓
21.30
↓-27% vs avg
5yr avg: 29.29
30Y Low16.8·High48.0
P/FCF
↓
N/A
—
5yr avg: 145.96
30Y Low59.5·High85.8
P/B Ratio
↓
1.24
↓-35% vs avg
5yr avg: 1.91
30Y Low1.3·High5.2
ROE
↓
-3.7%
-10% vs avg
5yr avg: -3.3%
30Y Low-11%·High11%
Debt/EBITDA
↑
12.01
+18% vs avg
5yr avg: 10.22
30Y Low5.1·High14.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
COLD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Americold Realty Trust, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.6B | $3.7B | $6.1B | $8.3B | $7.6B | $8.6B | $7.7B | $6.4B | $3.7B | — | — |
| Enterprise Value | $8.0B | $8.0B | $9.7B | $11.8B | $11.2B | $11.9B | $10.3B | $8.1B | $5.0B | — | — |
| P/E Ratio → | -31.75 | — | — | — | — | — | 311.08 | 134.85 | 82.39 | — | — |
| P/S Ratio | 1.39 | 1.41 | 2.29 | 3.12 | 2.62 | 3.15 | 3.89 | 3.62 | 2.30 | — | — |
| P/B Ratio | 1.24 | 1.26 | 1.84 | 2.30 | 2.01 | 2.13 | 2.04 | 3.52 | 5.22 | — | — |
| P/FCF | — | — | 59.50 | 232.41 | — | — | — | — | 85.82 | — | — |
| P/OCF | — | — | 14.80 | 22.80 | 25.44 | 31.36 | 26.30 | 27.31 | 19.59 | — | — |
P/E links to full P/E history page with 30-year chart
COLD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Americold Realty Trust, Inc.'s enterprise value stands at 21.3x EBITDA, 27% below its 5-year average of 29.3x. The Real Estate sector median is 16.7x, placing the stock at a 27% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.09 | 3.65 | 4.41 | 3.83 | 4.38 | 5.20 | 4.57 | 3.11 | — | — |
| EV / EBITDA | 21.30 | 21.45 | 20.06 | 48.00 | 26.62 | 30.30 | 26.87 | 27.62 | 16.75 | — | — |
| EV / EBIT | 1103.07 | — | 302.59 | — | 129.48 | 173.53 | 94.70 | 59.29 | 36.24 | — | — |
| EV / FCF | — | — | 94.97 | 327.98 | — | — | — | — | 116.15 | — | — |
COLD Profitability
Margins and return-on-capital ratios measuring operating efficiency
Americold Realty Trust, Inc. earns an operating margin of 0.3%, below the Real Estate sector average of 25.0%. Operating margins have expanded from -4.1% to 0.3% over the past 3 years, signaling improving operational efficiency. A negative ROE of -3.7% indicates the company is currently destroying shareholder equity. ROIC of 0.1% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | 31.8% | 28.8% | 23.9% | 23.2% | 27.7% | 26.8% | 25.3% | 24.2% | 23.2% |
| Operating Margin | 0.3% | 0.3% | 4.7% | -4.1% | 3.0% | 2.7% | 8.5% | 7.4% | 11.2% | 8.9% | 8.9% |
| Net Profit Margin | -4.4% | -4.4% | -3.5% | -12.6% | -0.7% | -1.1% | 1.2% | 2.7% | 3.0% | -0.0% | 0.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -3.7% | -3.7% | -2.7% | -9.1% | -0.5% | -0.8% | 0.9% | 3.8% | 10.8% | -0.3% | 2.0% |
| ROA | -1.4% | -1.4% | -1.2% | -4.2% | -0.2% | -0.4% | 0.4% | 1.4% | 1.9% | -0.0% | 0.2% |
| ROIC | 0.1% | 0.1% | 1.3% | -1.1% | 0.9% | 0.8% | 2.5% | 3.6% | 6.7% | 5.0% | 4.8% |
| ROCE | 0.1% | 0.1% | 1.8% | -1.6% | 1.2% | 1.0% | 3.0% | 4.2% | 8.0% | 6.4% | 6.0% |
COLD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Americold Realty Trust, Inc. carries a Debt/EBITDA ratio of 12.0x, which is highly leveraged (54% above the sector average of 7.8x). Net debt stands at $4.4B ($4.5B total debt minus $137M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.54 | 1.54 | 1.11 | 0.96 | 0.95 | 0.85 | 0.85 | 1.05 | 2.14 | 10.23 | 8.23 |
| Debt / EBITDA | 12.01 | 12.01 | 7.59 | 14.23 | 8.54 | 8.71 | 8.40 | 6.55 | 5.07 | 7.49 | 7.30 |
| Net Debt / Equity | — | 1.49 | 1.10 | 0.94 | 0.93 | 0.83 | 0.69 | 0.93 | 1.84 | 9.97 | 8.13 |
| Net Debt / EBITDA | 11.64 | 11.64 | 7.49 | 13.98 | 8.42 | 8.50 | 6.78 | 5.75 | 4.37 | 7.30 | 7.21 |
| Debt / FCF | — | — | 35.47 | 95.56 | — | — | — | — | 30.33 | 129.23 | 41.20 |
| Interest Coverage | — | — | 0.92 | -0.77 | 0.76 | 0.74 | 1.84 | 1.39 | 1.93 | 1.19 | 1.11 |
COLD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.11x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.60x to 0.11x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.11 | 0.11 | 0.63 | 0.60 | 0.52 | 0.54 | 2.45 | 1.80 | 2.30 | 1.31 | 1.55 |
| Quick Ratio | 0.11 | 0.11 | 0.62 | 0.59 | 0.49 | 0.52 | 2.40 | 1.77 | 2.26 | 1.27 | 1.48 |
| Cash Ratio | 0.03 | 0.03 | 0.06 | 0.06 | 0.05 | 0.09 | 1.50 | 0.85 | 1.05 | 0.20 | 0.12 |
| Asset Turnover | — | 0.32 | 0.34 | 0.34 | 0.36 | 0.33 | 0.25 | 0.43 | 0.63 | 0.64 | 0.64 |
| Inventory Turnover | 245.03 | — | 245.03 | 262.96 | 75.73 | 77.11 | 66.76 | 139.31 | 152.13 | 112.49 | 89.86 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
COLD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Americold Realty Trust, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 4.1% | 2.9% | 3.1% | 2.7% | 2.2% | 2.1% | 2.1% | — | — |
| Payout Ratio | — | — | — | — | — | — | 680.9% | 281.2% | 159.5% | — | 409.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | 0.3% | 0.7% | 1.2% | — | — |
| FCF Yield | — | — | 1.7% | 0.4% | — | — | — | — | 1.2% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 4.1% | 2.9% | 3.1% | 2.7% | 2.2% | 2.1% | 2.1% | — | — |
| Shares Outstanding | — | $286M | $285M | $276M | $270M | $261M | $207M | $184M | $144M | $70M | $70M |
Peer Comparison
Compare COLD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 COLDYou | $4B | -31.8 | 21.3 | — | — | 0.3% | -3.7% | 0.1% | 12.0 |
 NSA | $3B | 61.9 | 14.4 | 11.2 | 46.0% | 37.0% | 4.5% | 4.1% | 7.3 |
 CUBE | $9B | 27.6 | 18.0 | 16.2 | 22.7% | 40.0% | 11.6% | 5.5% | 5.0 |
 EXR | $30B | 31.3 | 20.5 | 16.6 | 28.4% | 44.1% | 6.7% | 3.9% | 6.8 |
 PLD | $133B | 35.6 | 23.3 | 27.0 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
 STAG | $7B | 26.4 | 17.2 | 18.3 | 61.3% | 37.7% | 7.6% | 3.5% | 5.3 |
 FR | $8B | 33.4 | 21.9 | 72.1 | 22.6% | 42.3% | 9.0% | 4.5% | 5.2 |
 EGP | $11B | 41.7 | 25.1 | 26.9 | 43.3% | 39.9% | 7.6% | 4.3% | 3.5 |
 REXR | $9B | 42.1 | 17.1 | 41.2 | 77.3% | 37.9% | 2.4% | 2.4% | 5.0 |
 LXP | $3B | 28.7 | 17.4 | 18.8 | -30.7% | 14.0% | 5.4% | 1.1% | 5.6 |
 TSN | $24B | 50.1 | 11.4 | 20.6 | 6.5% | 2.6% | 2.6% | 4.1% | 3.2 |
| Real Estate Median | — | 24.3 | 16.7 | 15.7 | 50.7% | 25.0% | 3.5% | 2.6% | 7.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonCOLD — Frequently Asked Questions
Quick answers to the most common questions about buying COLD stock.
What is Americold Realty Trust, Inc.'s P/E ratio?
Americold Realty Trust, Inc.'s current P/E ratio is -31.8x. The historical average is 108.6x.
What is Americold Realty Trust, Inc.'s EV/EBITDA?
Americold Realty Trust, Inc.'s current EV/EBITDA is 21.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 27.2x.
What is Americold Realty Trust, Inc.'s ROE?
Americold Realty Trust, Inc.'s return on equity (ROE) is -3.7%. The historical average is -2.0%.
Is COLD stock overvalued?
Based on historical data, Americold Realty Trust, Inc. is trading at a P/E of -31.8x. Compare with industry peers and growth rates for a complete picture.
What are Americold Realty Trust, Inc.'s profit margins?
Americold Realty Trust, Inc. has 0.3% operating margin.
How much debt does Americold Realty Trust, Inc. have?
Americold Realty Trust, Inc.'s Debt/EBITDA ratio is 12.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.