REITResearch

Americold Realty Trust, Inc. COLD

Listed / Traded Industrial NYSE Mgmt:

Americold (NYSE: COLD) is a global leader in temperature-controlled logistics and real estate, supporting the safe, efficient movement of food worldwide. With 224 operating facilities across North America, Europe, Asia-Pacific, and South America—totaling approximately 1.4 billion refrigerated cubic feet—we connect producers, processors, distributors, and retailers. Leveraging deep industry expertise, advanced technology, and sustainable practices, Americold delivers reliable cold storage and transportation solutions that create lasting value for customers and communities.

Snapshot

Price
$14.15
Market cap
$4.04B
Enterprise value
$8.55B
Dividend yieldi
6.50%
Annual dividendi
$0.92
Frequency
Quarterly
FFO / sharei
$0.14 · Q1 2026
AFFO / sharei
$0.29 · Q1 2026
Net debt / EBITDAi
7.10x · Adj. EBITDA
Op. cash flow / sharei
$1.26
Price / OCFi
11.24
Payout (% of OCF)i
73.10%
Debt / book capitali
61.77%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-15 2026-05-21$0.23Quarterly
2026-03-312026-03-312026-04-15 2026-03-05$0.23Quarterly
2025-12-312025-12-312026-01-15 2025-12-16$0.23Quarterly
2025-09-302025-09-302025-10-15 2025-09-03$0.23Quarterly
2025-06-302025-06-302025-07-15 2025-05-20$0.23Quarterly
2025-03-282025-03-282025-04-15 2025-03-17$0.23Quarterly
2024-12-312024-12-312025-01-15 2024-12-17$0.22Quarterly
2024-09-302024-09-302024-10-15 2024-09-03$0.22Quarterly
2024-06-282024-06-282024-07-15 2024-05-21$0.22Quarterly
2024-03-272024-03-282024-04-15 2024-03-07$0.22Quarterly
2023-12-282023-12-292024-01-12 2023-12-12$0.22Quarterly
2023-09-282023-09-292023-10-13 2023-09-01$0.22Quarterly
2023-06-292023-06-302023-07-14 2023-05-16$0.22Quarterly
2023-03-302023-03-312023-04-14 2023-03-09$0.22Quarterly
2022-12-292022-12-302023-01-13 2022-12-06$0.22Quarterly
2022-09-292022-09-302022-10-14 2022-09-01$0.22Quarterly
2022-06-292022-06-302022-07-15 2022-05-17$0.22Quarterly
2022-03-302022-03-312022-04-15 2022-03-10$0.22Quarterly
2021-12-302021-12-312022-01-14 2021-12-07$0.22Quarterly
2021-09-292021-09-302021-10-15 2021-08-19$0.22Quarterly
2021-06-292021-06-302021-07-15 2021-05-20$0.22Quarterly
2021-03-302021-03-312021-04-15 2021-03-11$0.22Quarterly
2020-12-302020-12-312021-01-15 2020-12-08$0.21Quarterly
2020-09-292020-09-302020-10-15 2020-09-11$0.21Quarterly

Coverage (payout of operating cash flow): 73.10%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$4.50B
Cash
$136.86M
Net debt / EBITDAi
11.85x
Debt / book capitali
61.77%
Total assets
$8.12B
Total equity
$2.88B

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $2.60B $-114.55M $367.36M $379.40M $359.64M
2024 $2.67B $-94.31M $360.82M $392.96M $411.88M
2023 $2.67B $-336.21M $353.74M $165.76M $366.15M
2022 $2.91B $-19.44M $331.45M $417.64M $300.00M
2021 $2.71B $-30.45M $319.84M $388.42M $273.06M
2020 $1.99B $24.54M $216.04M $325.15M $293.68M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.