📊 COLD Key Takeaways
Investment Thesis
Americold Realty Trust demonstrates severe operational distress with negative net income of -$114.5M despite $2.6B in revenue, indicating fundamental profitability challenges beyond typical REIT depreciation effects. The company's critical interest coverage ratio of 0.1x reveals inability to service debt obligations from operating earnings, while negative free cash flow of -$217.2M despite $359.6M operating cash flow signals unsustainable capital expenditure requirements. Deteriorating returns (ROE -4.0%, ROA -1.4%) and elevated leverage (1.44x debt/equity) create significant financial distress risk.
COLD Strengths
- Stable revenue growth of 2.4% YoY demonstrates maintained market demand for cold storage services
- Positive operating cash flow of $359.6M provides near-term liquidity buffer
- Substantial asset base of $8.1B reflects significant real estate holdings and operational scale
COLD Risks
- Critically low interest coverage of 0.1x indicates potential debt service default risk and covenant violations
- Negative free cash flow of -$217.2M suggests capital expenditure is unsustainable without additional financing
- Net losses of -$114.5M with negative net margin of -4.4% indicates operational model is not generating shareholder value
- High debt/equity ratio of 1.44x combined with negative returns creates leverage risk in economic downturns
- Diluted EPS declined 21.2% YoY despite minor revenue growth, indicating deteriorating per-share economics
Key Metrics to Watch
- Interest coverage ratio trending and debt refinancing capability
- Free cash flow inflection point and sustainability of capital expenditure levels
- Operating margin expansion toward positive net profitability
- Debt/equity ratio and potential equity raise or asset sales
- Quarterly net income trends and return to profitability timeline
COLD Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
COLD Profitability Ratios
COLD vs Default Sector
How AMERICOLD REALTY TRUST compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
COLD Balance Sheet & Liquidity
COLD 5-Year Financial Trend
5-Year Trend Summary: AMERICOLD REALTY TRUST's revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $-1.22 indicates the company is currently unprofitable.
COLD Growth Metrics (YoY)
COLD Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $649.0M | -$3.7M | $-0.01 |
| Q2 2025 | $635.1M | $1.5M | $0.01 |
| Q1 2025 | $613.7M | $9.7M | $0.03 |
| Q3 2024 | $655.4M | -$2.1M | $-0.01 |
| Q2 2024 | $637.9M | -$54.4M | $-0.19 |
| Q1 2024 | $651.4M | -$2.6M | $-0.01 |
| Q3 2023 | $655.4M | -$2.1M | $-0.01 |
| Q2 2023 | $637.9M | $3.9M | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
COLD Capital Allocation
COLD SEC Filings
Access official SEC EDGAR filings for AMERICOLD REALTY TRUST (CIK: 0001455863)
📋 Recent SEC Filings
❓ Frequently Asked Questions about COLD
What is the AI rating for COLD?
AMERICOLD REALTY TRUST (COLD) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are COLD's key strengths?
Stable revenue growth of 2.4% YoY demonstrates maintained market demand for cold storage services. Positive operating cash flow of $359.6M provides near-term liquidity buffer.
What are the risks of investing in COLD?
Critically low interest coverage of 0.1x indicates potential debt service default risk and covenant violations. Negative free cash flow of -$217.2M suggests capital expenditure is unsustainable without additional financing.
What is COLD's revenue and growth?
AMERICOLD REALTY TRUST reported revenue of $2.6B.
Does COLD pay dividends?
AMERICOLD REALTY TRUST pays dividends, with $261.4M distributed to shareholders in the trailing twelve months.
Where can I find COLD SEC filings?
Official SEC filings for AMERICOLD REALTY TRUST (CIK: 0001455863) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is COLD's EPS?
AMERICOLD REALTY TRUST has a diluted EPS of $-0.40.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.