📊 COLD Key Takeaways
Is Americold Realty Trust (COLD) a Good Investment?
Americold faces critical financial distress with negative profitability (-2.2% net margin), catastrophic interest coverage of 0.2x indicating inability to service debt from operations, and severely negative free cash flow of -70.1M despite positive revenue growth. With only $39.8M in cash against $4.2B long-term debt and capital expenditure requirements of $110M annually, the company exhibits acute refinancing and solvency risk.
Americold Realty Trust shows modest revenue growth, but that growth is not translating into earnings quality: operating margin is just 0.3%, net income remains negative, and diluted EPS deterioration suggests weak operating leverage. Financial health is pressured by high debt, extremely weak interest coverage, and negative free cash flow driven by heavy capital spending, which limits flexibility unless profitability improves materially.
Americold Realty Trust Key Strengths (COLD)
- Modest revenue growth of 2.4% YoY demonstrates market demand for cold storage services
- Positive operating cash flow of $39.9M shows underlying business generates some cash
- Equity cushion of $2.8B provides some balance sheet insulation in near-term
- Positive year-over-year revenue growth indicates demand resilience in the core cold-storage platform
- Operating cash flow remains solidly positive at $359.64M despite net losses
- Large asset base and meaningful equity capital provide some balance-sheet support
COLD Stock Risks: Americold Realty Trust Investment Risks
- Interest coverage ratio of 0.2x indicates company cannot cover interest expenses from operating income - existential debt service risk
- Negative free cash flow of -70.1M is unsustainable and indicates deteriorating financial position despite revenue growth
- Critically low cash position of $39.8M relative to $4.2B debt obligations and $110M annual capex requirements creates acute refinancing risk
- Negative net profitability (-$13.6M) and negative ROE/ROA suggest operational underperformance or deteriorating asset quality
- Capex of $110M exceeds operating cash flow of $39.9M, requiring debt financing of growth and maintenance
- Profitability is very weak, with negative net margin and minimal operating income on a $2.60B revenue base
- Leverage is elevated, with $4.14B of long-term debt and debt-to-equity of 1.44x
- Free cash flow is negative due to heavy capital expenditures, increasing dependence on external funding or improved execution
Key Metrics to Watch
- Interest coverage ratio trend - must return to positive operating income coverage of interest
- Free cash flow sustainability - capex to OCF ratio must improve or company faces liquidity crisis
- Debt refinancing activity and terms - ability to refinance $4.2B debt at current rates will determine survival
- Operating margin expansion - must demonstrate path to positive net profitability from operations
- Cash position and liquidity sources - current $39.8M is critically low for debt obligations
- Interest coverage and operating margin improvement
- Free cash flow generation relative to capital expenditures
Americold Realty Trust (COLD) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
COLD Profit Margin, ROE & Profitability Analysis
COLD vs Real Estate Sector: How Americold Realty Trust Compares
How Americold Realty Trust compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Americold Realty Trust Stock Overvalued? COLD Valuation Analysis 2026
Based on fundamental analysis, Americold Realty Trust shows some fundamental concerns relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Americold Realty Trust Balance Sheet: COLD Debt, Cash & Liquidity
COLD Revenue & Earnings Growth: 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 Revenue Growth, EPS Growth & YoY Performance
COLD Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $613.7M | -$13.6M | $-0.05 |
| 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 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Americold Realty Trust Dividends, Buybacks & Capital Allocation
COLD SEC Filings: Latest 10-K & 10-Q Analysis
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 a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 85% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are COLD's key strengths?
Claude: Modest revenue growth of 2.4% YoY demonstrates market demand for cold storage services. Positive operating cash flow of $39.9M shows underlying business generates some cash. ChatGPT: Positive year-over-year revenue growth indicates demand resilience in the core cold-storage platform. Operating cash flow remains solidly positive at $359.64M despite net losses.
What are the risks of investing in COLD?
Claude: Interest coverage ratio of 0.2x indicates company cannot cover interest expenses from operating income - existential debt service risk. Negative free cash flow of -70.1M is unsustainable and indicates deteriorating financial position despite revenue growth. ChatGPT: Profitability is very weak, with negative net margin and minimal operating income on a $2.60B revenue base. Leverage is elevated, with $4.14B of long-term debt and debt-to-equity of 1.44x.
What is COLD's revenue and growth?
Americold Realty Trust reported revenue of $629.9M.
Does COLD pay dividends?
Americold Realty Trust pays dividends, with $66.1M 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 $-0.05.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is COLD's fundamental grade?
Based on our AI fundamental analysis in June 2026, Americold Realty Trust has a C grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is COLD stock overvalued or undervalued?
Valuation metrics for COLD: ROE of -0.5% (sector avg: 8%), net margin of -2.2% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is COLD's AI grade for 2026?
Our dual AI analysis gives Americold Realty Trust a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is COLD's free cash flow?
Americold Realty Trust's operating cash flow is $39.9M, with capital expenditures of $110.0M. FCF margin is -11.1%.
How does COLD compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -2.2% (avg: 20%), ROE -0.5% (avg: 8%), current ratio N/A (avg: 1.5).