Americold Realty Trust, Inc. (COLD) Revenue History
Annual and quarterly revenue from 2009 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
COLD's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
COLD Revenue Analysis (2009–2025)
As of March 1, 2026, Americold Realty Trust, Inc. (COLD) generated trailing twelve-month (TTM) revenue of $2.60 billion, reflecting slight decline in growth of -1.2% year-over-year. The most recent quarter (Q4 2025) recorded $658.5 million in revenue, down 0.8% sequentially.
Looking at the longer-term picture, COLD's 5-year compound annual growth rate (CAGR) stands at +5.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $2.91 billion in 2022.
Revenue diversification analysis shows COLD's business is primarily driven by Warehouse Services (52%), Warehouse Rent And Storage (38%), and Transportation (8%). With over half of revenue concentrated in Warehouse Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including LINE (+0.3% YoY), and IIPR (-13.8% YoY), COLD has underperformed the peer group in terms of revenue growth. Compare COLD vs LINE →
Peer Comparison
Compare COLD's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| COLDCurrent | $2.6B | -1.2% | +5.5% | 0.3% | |
| LINE | $5.4B | +0.3% | +59.6% | 4.7% | |
| IIPR | $266M | -13.8% | +17.9% | 46.7% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.60B | -2.4% | $0 | - | $7.2M | 0.3% |
| 2024 | $2.67B | -0.3% | $846.7M | 31.8% | $124.0M | 4.7% |
| 2023 | $2.67B | -8.3% | $770.6M | 28.8% | $-108,305,000 | -4.1% |
| 2022 | $2.91B | +7.4% | $696.0M | 23.9% | $87.9M | 3.0% |
| 2021 | $2.71B | +36.6% | $629.8M | 23.2% | $73.0M | 2.7% |
| 2020 | $1.99B | +11.4% | $551.5M | 27.7% | $168.5M | 8.5% |
| 2019 | $1.78B | +11.2% | $478.3M | 26.8% | $131.5M | 7.4% |
| 2018 | $1.60B | +3.9% | $405.6M | 25.3% | $180.0M | 11.2% |
| 2017 | $1.54B | +3.6% | $374.1M | 24.2% | $137.0M | 8.9% |
| 2016 | $1.49B | +0.6% | $345.6M | 23.2% | $132.1M | 8.9% |
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Start ComparisonFrequently Asked Questions
Is COLD's revenue growth accelerating or slowing?
COLD revenue growth slowed to -1.2%, below the 5-year CAGR of +5.5%. TTM revenue is $2.6B. The deceleration marks a shift from historical growth rates.
What is COLD's long-term revenue growth rate?
Americold Realty Trust, Inc.'s 5-year revenue CAGR of +5.5% reflects the variable expansion pattern. Current YoY growth of -1.2% is near this long-term average.
How is COLD's revenue distributed by segment?
COLD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2009-2025 are available for download. Segment mix reveals concentration and diversification trends.