Americold Realty Trust, Inc. (COLD) AI Stock Analysis

Americold Realty Trust, Inc. is a publicly traded REIT specializing in the ownership, operation, acquisition, and development of temperature-controlled warehouses. Headquartered in Atlanta, Georgia, the company owns a portfolio of 185 facilities across key markets, including the United States, Australia, New Zealand, Canada, and Argentina. These properties collectively offer over 1 billion cubic feet of refrigerated storage space, forming an integral part of the supply chain connecting food producers, processors, distributors, and retailers to end consumers.

Revenue contracted from $2.91B in FY2022 to $2.67B in FY2023, remained flat at $2.67B in FY2024, and fell 2.4% to $2.60B in FY2025. Gross margin shifted from 31.8% in FY2024 to 4.0% in FY2025, while operating margin slipped from 4.7% to 3.8%. Net income remained negative over this timeframe, recording -$94.3M in FY2024 and -$114.5M in FY2025. Over the trailing twelve months, revenue totaled $2.61B with an operating margin of 6.3% and an EPS of -$1.59. For the latest quarter ended June 30, 2026, quarterly revenue rose 1.8% year-over-year while quarterly earnings fell 66.7%.

As of June 30, 2026, Americold held $40.5M in cash and short-term investments against total debt of $4.62B, leaving net debt at $4.58B. Shareholders' equity was $2.41B, resulting in a debt-to-equity ratio of 1.91 and a current ratio of 0.41. In FY2025, operating cash flow reached $359.6M, which was offset by capital expenditures of $576.8M, yielding free cash flow of -$217.2M. The company distributed $261.4M in dividends during FY2025, and its share count expanded 7.0% over 5 years.

Americold trades at an EV/EBITDA multiple of 125.5x, well above the 14.7x median of its US-listed Real Estate peers. Its forward P/E ratio is 119.0x, compared to the peer median of 23.5x, while its price-to-sales ratio of 1.5x trades below the peer median of 3.7x. The company holds an enterprise value of $8.68B and a market capitalization of $3.96B. Over the past year, the stock returned 8.1%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year period, the stock declined 43.6% while the S&P 500 gained 83.0%.

Americold pays a quarterly dividend with an annualized forward rate of $0.92 per share, representing a forward dividend yield of 6.66%. The company has paid dividends for 9 consecutive years and achieved a 5-year annualized dividend growth rate of 1.8%. Its payout ratio stands at 2.9%, and the most recent ex-dividend date occurred on September 30, 2026.

Wall Street coverage includes 5 Strong Buy, 2 Buy, 9 Hold, and 1 Sell ratings. The average 12-month price target is $16.26, indicating 17.7% upside relative to the last closing price of $13.82 on October 16, 2026. Consensus estimates anticipate an EPS of -$0.81 on revenue of $2.54B for FY2026, followed by an EPS of -$0.21 on revenue of $2.54B for FY2027. Americold has beaten EPS estimates in 1 of the last 4 quarters, with its next earnings report scheduled for November 5, 2026.

This page is an AI-written research summary of Americold Realty Trust, Inc. (COLD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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