Americold Realty (COLD) AI Stock Analysis

• Market Cap: $3.48B
• Dividend Yield: 7.21%
• Average Volume (3M): 7.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: -2.60%
• EPS Growth: 78.16%
• Country: US
• Employees: 13,755
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): -0.04
• Shares Outstanding: 284,854,500
• 10 Day Avg. Volume: 7,719,583
• 30 Day Avg. Volume: 7,275,558
• PEG Ratio: 0.89
• Price to Book (P/B): 1.86
• Price to Sales (P/S): 2.29
• P/FCF Ratio: 59.50
• Enterprise Value/Market Cap: 2.24
• Enterprise Value/Revenue: 2.99
• Enterprise Value/Gross Profit: 9.35
• Enterprise Value/Ebitda: 18.14
• 1Y Price Target: $14.00
• Price Target Upside: 14.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): 0.04
• Revenue Forecast (FY): $2.60B

• Rating: 54 Neutral
• Price Target: $12.50 ▲(2.38% Upside)

Americold Realty's overall stock score is driven by financial performance challenges, including declining revenues and profitability issues. While technical indicators suggest a bearish trend, the high dividend yield provides some appeal. The earnings call highlights both achievements and challenges, with short-term pressures expected to impact performance. The company's strong free cash flow growth and development pipeline offer some positive outlook, but significant risks remain.

Positive Factors

Strong Free Cash Flow Growth

Significant free cash flow growth indicates improved cash generation, which can support strategic investments and financial stability.

Development Pipeline

A strong development pipeline suggests potential for future growth and expansion, enhancing market position and operational capacity.

Asia Pacific Growth

Growth in the Asia Pacific region indicates successful regional strategies and potential for increased revenue from expanding markets.

Negative Factors

Declining Revenues

Significant revenue decline and negative margins highlight operational challenges, impacting profitability and long-term financial health.

Pricing Pressures

Ongoing pricing pressures can reduce profit margins and affect competitive positioning, challenging revenue growth and profitability.

Excess Capacity

Excess capacity creates pricing competition, potentially leading to reduced occupancy rates and lower revenue per unit.

Americold Realty Business Overview & Revenue Model

Company Description

Americold Realty Trust (COLD) is a leading real estate investment trust (REIT) that specializes in the ownership, operation, and development of temperature-controlled warehouses. The company primarily serves the food and beverage industry, providing essential logistics services that ensure the safe storage and distribution of perishable goods. With a portfolio of facilities strategically located across North America, Europe, and Australia, Americold plays a critical role in the supply chain by offering refrigerated storage solutions, transportation services, and value-added services such as inventory management and order fulfillment.

How the Company Makes Money

Americold generates revenue primarily through leasing its temperature-controlled warehouse space to food producers, distributors, and retailers. The company's revenue model is built around long-term contracts with customers, which provides a stable income stream. Key revenue streams include rental income from warehouse space, fees for additional services such as transportation and inventory management, and value-added services tailored to meet specific customer needs. Partnerships with major food and beverage companies enhance its market position and contribute to steady demand for its services. Additionally, Americold may benefit from economies of scale and operational efficiencies as it expands its facility portfolio and optimizes its logistics operations.

Americold Realty Financial Statement Overview

Summary

Americold Realty faces challenges with declining revenues and profitability, as evidenced by negative net income and shrinking margins. While the balance sheet shows manageable leverage, 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	2.61B	2.67B	2.67B	2.91B	2.71B	1.99B
Gross Profit	833.72M	846.73M	770.57M	695.96M	629.78M	551.50M
EBITDA	429.55M	392.96M	165.76M	417.64M	388.42M	325.15M
Net Income	-62.42M	-94.31M	-336.21M	-19.44M	-30.45M	24.54M
Balance Sheet
Total Assets	8.08B	7.74B	7.87B	8.10B	8.22B	7.83B
Cash, Cash Equivalents and Short-Term Investments	33.34M	47.65M	60.39M	53.06M	82.96M	621.05M
Total Debt	4.29B	3.68B	3.49B	3.58B	3.42B	3.23B
Total Liabilities	5.01B	4.43B	4.23B	4.32B	4.19B	4.04B
Stockholders Equity	3.03B	3.28B	3.62B	3.77B	4.02B	3.79B
Cash Flow
Free Cash Flow	-82.30M	102.42M	35.92M	-22.95M	-218.77M	-108.67M
Operating Cash Flow	313.12M	411.88M	366.15M	300.00M	273.06M	293.68M
Investing Cash Flow	-475.57M	-313.18M	-357.07M	-348.49M	-1.24B	-2.25B
Financing Cash Flow	202.31M	-106.78M	-285.00K	23.32M	431.49M	2.33B

Americold Realty Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.21
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COLD, the sentiment is Neutral. The current price of 12.21 is above the 20-day moving average (MA) of 11.51, above the 50-day MA of 12.08, and below the 200-day MA of 15.37, indicating a neutral trend. The MACD of 0.25 indicates Negative momentum. The RSI at 56.00 is Neutral, neither overbought nor oversold. The STOCH value of 74.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for COLD.

Americold Realty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLD	76 Outperform	$120.99B	37.04	6.07%	3.18%	10.75%	4.29%
PSA	73 Outperform	$45.47B	26.93	20.00%	4.63%	2.30%	-0.22%
CUBE	68 Neutral	$8.15B	22.82	12.82%	5.69%	4.19%	-12.19%
EXR	66 Neutral	$28.82B	29.09	6.86%	4.98%	3.38%	17.16%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
COLD	54 Neutral	$3.48B	-55.78	-1.95%	7.21%	-2.60%	78.16%
LINE	54 Neutral	$7.79B	-43.49	-2.06%	6.18%	0.44%	75.40%

Americold Realty Corporate Events

Americold Realty Reaffirms 2025 Financial Outlook

On December 9, 2025, Americold Realty Trust, Inc. reaffirmed its 2025 full-year financial outlook during an investor presentation, aligning with its third-quarter earnings release. The company emphasized its strategic focus on growth through infrastructure, expertise, and partnerships, while addressing various risks and uncertainties that could impact its operations and market positioning.

Americold Realty Reports Q3 2025 Financial Results

Americold Realty Trust announced its third-quarter 2025 financial results, reporting a total revenue of $663.7 million, a 1.6% decrease from the previous year, primarily due to lower volumes in the warehouse segment. Despite industry challenges, the company maintained its Adjusted FFO per share at $0.35, consistent with the previous year, and reiterated its full-year outlook for 2025. The company experienced a net loss of $11.4 million, attributed to decreased NOI in the warehouse segment and increased expenses, including those related to Project Orion.