Americold Realty (COLD) AI Stock Analysis

• Market Cap: $3.55B
• Dividend Yield: 7.41%
• Average Volume (3M): 5.56M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.52
• Revenue Growth: -1.98%
• EPS Growth: 80.67%
• Country: US
• Employees: 13,755
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): 0.01
• Shares Outstanding: 284,797,800
• 10 Day Avg. Volume: 6,214,269
• 30 Day Avg. Volume: 5,559,351
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.51
• Enterprise Value/Revenue: 3.39
• Enterprise Value/Gross Profit: 10.61
• Enterprise Value/Ebitda: 19.69
• 1Y Price Target: $17.96
• Price Target Upside: 47.94% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 48 Neutral
• Price Target: $14.50 ▲(19.44% Upside)

Americold Realty's overall stock score reflects significant challenges in financial performance, with declining revenues and profitability issues being the primary concerns. Technical indicators suggest a bearish trend, and valuation metrics highlight potential risks despite a high dividend yield. The earnings call provided a mixed outlook, with strategic achievements overshadowed by external challenges.

Positive Factors

Strategic Growth Initiatives

Americold's focus on growth through infrastructure, expertise, and partnerships positions it well for long-term expansion in the cold storage industry.

Leadership Transition

The appointment of a new CEO underscores a commitment to strategic priorities and operational excellence, potentially driving future growth and stability.

Successful Development Projects

Completing projects under budget demonstrates Americold's ability to manage costs and leverage scale, enhancing its competitive position.

Negative Factors

Declining Revenue

A significant revenue decline indicates challenges in maintaining market share and pricing power, impacting long-term financial health.

Challenging Pricing Environment

Pricing pressure from competitors can erode margins and profitability, posing a risk to sustainable long-term growth.

Reduced AFFO Guidance

Lower AFFO guidance reflects ongoing market challenges, potentially limiting financial flexibility and investor confidence.

Americold Realty Business Overview & Revenue Model

Company Description

Americold 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.

How the Company Makes Money

Americold generates revenue primarily through its leasing and storage services. The company earns money by renting out its temperature-controlled warehouse space to food manufacturers, retailers, and logistics companies, charging fees based on the amount of space utilized and the duration of storage. In addition to warehouse leasing, Americold also provides value-added services, such as order fulfillment and inventory management, which contribute additional revenue. Significant partnerships with major food distributors and retailers enhance its market presence and stability. The company's revenue is further bolstered by its strategic acquisitions of other cold storage facilities, expanding its geographic footprint and operational capacity.

Americold Realty Financial Statement Overview

Summary

Americold Realty faces challenges with declining revenues and profitability, as evidenced by negative net income and shrinking margins. The balance sheet shows manageable leverage, but the company must focus on reversing revenue declines and improving operational efficiency. Strong free cash flow growth is a positive sign, but enhancing cash flow efficiency and profitability remains critical for long-term success.

Income Statement

Americold Realty's income statement reveals a challenging environment with declining revenues and negative net profit margins over recent periods. The TTM data shows a significant revenue decline of 38.8% and a net profit margin of -2.1%, indicating profitability issues. Despite a relatively stable gross profit margin, the EBIT and EBITDA margins are low, reflecting operational inefficiencies. The company needs to address its revenue decline and improve cost management to enhance profitability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 1.35 in the TTM period, indicating a balanced leverage position. However, the return on equity is negative, reflecting ongoing profitability challenges. The equity ratio remains stable, suggesting a solid asset base. While the company maintains a reasonable leverage level, improving profitability is crucial to enhance overall financial health.

Cash Flow

Americold Realty's cash flow statement highlights a strong free cash flow growth of 1223% in the TTM period, indicating improved cash generation. However, the operating cash flow to net income ratio is low, suggesting limited cash flow efficiency relative to earnings. The free cash flow to net income ratio is positive, reflecting better cash conversion. Continued focus on cash flow management will be essential to support financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.62B	2.67B	2.67B	2.91B	2.71B	1.99B
Gross Profit	837.91M	846.73M	770.57M	695.96M	629.78M	551.50M
EBITDA	451.63M	392.96M	165.76M	417.64M	388.42M	325.15M
Net Income	-54.78M	-94.31M	-336.21M	-19.44M	-30.45M	24.54M
Balance Sheet
Total Assets	8.09B	7.74B	7.87B	8.10B	8.22B	7.83B
Cash, Cash Equivalents and Short-Term Investments	101.38M	47.65M	60.39M	53.06M	82.96M	621.05M
Total Debt	4.21B	3.68B	3.49B	3.58B	3.42B	3.23B
Total Liabilities	4.94B	4.43B	4.23B	4.32B	4.19B	4.04B
Stockholders Equity	3.11B	3.28B	3.62B	3.77B	4.02B	3.79B
Cash Flow
Free Cash Flow	50.83M	102.42M	366.15M	-22.95M	-218.77M	-108.67M
Operating Cash Flow	363.74M	411.88M	366.15M	300.00M	273.06M	293.68M
Investing Cash Flow	-572.84M	-313.18M	-357.07M	-348.49M	-1.24B	-2.25B
Financing Cash Flow	267.73M	-106.78M	-285.00K	23.32M	431.49M	2.33B

Americold Realty Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COLD, the sentiment is Negative. The current price of 12.14 is below the 20-day moving average (MA) of 13.33, below the 50-day MA of 14.62, and below the 200-day MA of 18.25, indicating a bearish trend. The MACD of -0.66 indicates Positive momentum. The RSI at 25.59 is Positive, neither overbought nor oversold. The STOCH value of 4.94 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for COLD.

Americold Realty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLD	78 Outperform	108.54B	30.84	6.54%	3.49%	10.20%	23.28%
EXR	76 Outperform	30.99B	29.93	7.08%	4.63%	4.83%	18.94%
PSA	76 Outperform	50.23B	30.58	19.32%	4.19%	2.49%	-14.10%
CUBE	73 Outperform	9.28B	24.20	13.32%	5.11%	3.14%	-8.01%
LINE	54 Neutral	8.75B	-14.78	-7.69%	5.13%	―	―
COLD	48 Neutral	$3.55B	―	-1.67%	7.41%	-1.98%	80.67%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Americold Realty Corporate Events

Americold Realty Highlights Growth Strategy in Presentation

On September 8, 2025, Americold Realty Trust, Inc. announced a presentation for investor meetings, highlighting its strategic focus on growth through infrastructure, expertise, and partnerships. The company emphasized its execution-focused strategy, supported by a strong financial profile and a blue-chip customer base, positioning it as a compelling growth opportunity in the cold storage industry. The announcement outlines multiple growth drivers and a capital allocation strategy that leverages Americold’s significant scale and expertise, with a global footprint and advanced technology systems.

Americold Realty Appoints New CEO Robert S. Chambers

On August 25, 2025, Americold Realty Trust announced the appointment of Robert S. Chambers as the new Chief Executive Officer, effective September 1, 2025, succeeding George F. Chappelle, Jr., who is retiring. This leadership transition underscores the board’s commitment to long-term succession planning and is expected to continue Americold’s strategic priorities and operational excellence. The company reaffirmed its full-year 2025 financial outlook and plans to participate in several investment conferences to engage with stakeholders.

Americold Realty Reports Q2 2025 Financial Results

On August 7, 2025, Americold Realty Trust announced its financial and operating results for the second quarter of 2025, reporting total revenues of $650.7 million, a 1.5% decrease from the previous year. Despite facing industry-wide challenges that affected occupancy levels, the company launched three significant development projects in Kansas City, Allentown, and Dubai, which are expected to contribute positively in the future. The company adjusted its AFFO/share guidance due to ongoing demand challenges but remains focused on cost control and efficiency improvements to capitalize on future growth opportunities.