AMERICOLD REALTY TRUST COLD

Real estate SIC 6798 - Real Estate Investment Trusts NAICS Real Estate and Rental and Leasing › Real Estate › Lessors of Real Estate derived NYSE

Americold (NYSE: COLD) is a global leader in temperature-controlled logistics and real estate, supporting the safe, efficient movement of food worldwide. We connect producers, processors, distributors, and retailers. Leveraging deep industry expertise, advanced technology, and sustainable practices, Americold delivers reliable cold storage and transportation solutions that create lasting value for customers and communities. We operate as a self-administered and self-managed publicly traded real estate investment trust ("REIT") with proven operating, development and acquisition expertise.

As of December 31, 2025, we operated a global network of 231 temperature-controlled warehouses encompassing approximately 1.4 billion cubic feet, with 188 warehouses in North America, 23 warehouses in Europe, 18 warehouses in Asia-Pacific, and 2 warehouses in South America. In addition, we hold a minority interest in one joint venture, RSA Cold Holdings Limited, which operates 2 temperature-controlled warehouses in Dubai. Throughout 2025 we viewed our business through three primary business segments: Warehouse, Transportation, and Third-Party Managed.

Last close 14.47 2026-10-23
Market cap $4.13B 2026-06-30 share count
52-week range 10.10 - 16.88

Valuation FY2025 figures against the last close

P/S1.6x
P/E—
P/FCF—
EV/EBITDA11.0x
Dividend yield6.3%
Diluted EPS-0.40

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • North America
  • Asia-Pacific
  • Europe
  • Other
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 North America, FY2025: 2B (78.0%) 78% North America Asia-Pacific, FY2025: 309.7M (12.2%) 12% Asia-Pacific Europe, FY2025: 233.1M (9.2%) 9% Europe Other, FY2025: 16.1M (0.6%) FY2024 North America, FY2024: 2.1B (79.4%) 79% Asia-Pacific, FY2024: 282.9M (10.9%) 11% Europe, FY2024: 235.6M (9.0%) 9% Other, FY2024: 16.9M (0.6%) FY2023 North America, FY2023: 2.1B (79.4%) 79% Asia-Pacific, FY2023: 265.4M (10.1%) 10% Europe, FY2023: 258.8M (9.9%) 10% Other, FY2023: 15.3M (0.6%)
Region FY2025FY2024FY2023
North America $1.98B $2.07B $2.08B
Asia-Pacific $309.7M $282.9M $265.4M
Europe $233.1M $235.6M $258.8M
Other $16.1M $16.9M $15.3M

As the company reported it, from the “Revenue from Contracts with Customers - Schedule of Disaggregated Revenues (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.54B$2.60B$2.62B$2.87B$2.68B$1.96B$1.76B$1.58B$1.52B$1.47B
Cost of revenue $1.76B$1.82B$1.90B$2.22B——————
Gross profit $778.4M$784.9M$718.5M$651.6M——————
SG&A $269.5M$255.1M$226.8M$231.1M$182.1M$144.7M$129.3M$110.8M$99.6M$96.7M
Total operating expenses $2.59B$2.54B$2.78B$2.83B$2.64B$1.82B$1.65B$1.42B$1.41B$1.36B
Operating income $7.2M$124.0M-$108.3M$87.9M$73.0M$168.5M$131.5M$180.0M$137.0M$132.1M
Interest expense $147.8M$135.3M$140.1M$116.1M$99.2M$91.5M$94.4M$93.3M$114.9M$300.0K
Pre-tax income -$135.7M-$103.2M-$328.1M-$29.9M-$30.6M$17.6M$43.0M$44.4M$8.8M$10.8M
Income tax $20.5M$8.4M$2.3M$18.8M$1.6M$6.9M$5.2M$3.6M$9.4M$5.9M
Net income -$115.3M-$94.7M-$336.3M-$19.4M-$30.5M$24.5M$48.2M$48.0M-$608.0K$4.9M
EPS, basic -0.40-0.33-1.22-0.07-0.120.110.260.31-0.43-0.35
EPS, diluted -0.40-0.33-1.22-0.07-0.120.110.260.31-0.43-0.35
Shares, diluted (wtd. avg.) 285.7M284.8M275.8M269.6M259.1M206.9M183.9M144.3M70.0M69.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $136.9M$47.7M$60.4M$53.1M$83.0M$621.1M$240.6M$214.1M$70.0M$62.9M
Inventory $6.8M$7.4M$7.2M$29.3M$27.0M$21.5M$9.4M$7.9M$10.4M—
Property, plant and equipment $5.35B$5.02B$5.11B$5.07B$5.13B$4.77B—$1.84B$1.83B—
Goodwill $828.3M$784.0M$794.0M$1.03B$1.07B$794.3M$318.5M$186.1M$188.2M$186.8M
Other intangibles $819.5M$838.7M$897.4M$925.2M$981.0M$797.4M$284.8M$25.1M$26.6M—
Total assets $8.12B$7.74B$7.87B$8.10B$8.22B$7.83B$4.17B$2.53B$2.39B—
Long-term debt —————$2.65B————
Total liabilities $5.20B$4.43B$4.23B$4.32B$4.19B$4.04B$2.34B$1.83B$2.21B—
Retained earnings -$2.72B-$2.34B-$2.00B-$1.42B-$1.16B-$895.5M-$736.9M-$638.3M-$581.5M—
Total equity $2.88B$3.28B$3.63B$3.79B$4.03B$3.79B$1.83B$706.8M-$186.9M-$149.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $359.6M$411.9M$366.2M$300.0M$273.1M$293.7M$236.2M$188.2M$163.3M$118.8M
Depreciation and amortisation $367.4M$360.8M$353.7M$331.4M$319.8M$215.9M$163.3M$117.7M$116.7M$118.6M
Capital expenditure $576.8M$309.5M$264.5M$308.4M$438.2M$376.8M$217.2M$145.2M$149.0M$74.9M
Investing cash flow -$658.0M-$313.2M-$357.1M-$348.5M-$1.24B-$2.25B-$1.60B-$125.7M-$138.8M-$41.7M
Financing cash flow $383.3M-$106.8M-$285.0K$23.3M$431.5M$2.33B$1.40B$84.9M-$18.6M-$95.3M
Dividends paid $261.4M$252.1M$242.2M$238.7M$227.5M$167.1M$135.4M$76.5M$20.2M$20.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-024250.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B Revenue, FY2016: 1.5B Net income, FY2016: 4.9M Revenue, FY2017: 1.5B Net income, FY2017: -608K Revenue, FY2018: 1.6B Net income, FY2018: 48M Revenue, FY2019: 1.8B Net income, FY2019: 48.2M Revenue, FY2020: 2B Net income, FY2020: 24.5M Revenue, FY2021: 2.7B Net income, FY2021: -30.5M Revenue, FY2022: 2.9B Gross profit, FY2022: 651.6M Net income, FY2022: -19.4M Revenue, FY2023: 2.6B Gross profit, FY2023: 718.5M Net income, FY2023: -336.3M Revenue, FY2024: 2.6B Gross profit, FY2024: 784.9M Net income, FY2024: -94.7M Revenue, FY2025: 2.5B Gross profit, FY2025: 778.4M Net income, FY2025: -115.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.47B $1.52B $1.58B $1.76B $1.96B $2.68B $2.87B $2.62B $2.60B $2.54B
Gross profit — — — — — — $651.6M $718.5M $784.9M $778.4M
Net income $4.9M -$608.0K $48.0M $48.2M $24.5M -$30.5M -$19.4M -$336.3M -$94.7M -$115.3M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material impairment The company has written down the carrying value of an asset - often goodwill from an acquisition that did not work out. Item 2.06
  • Regulation FD disclosure Item 7.01
  • Material agreement signed Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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