Tearsheet

Americold Realty Trust (COLD)

Market Price (12/29/2025): $12.8 | Market Cap: $3.7 Bil
Sector: Real Estate | Industry: Industrial REITs

Americold Realty Trust (COLD)

Market Price (12/29/2025): $12.8
Market Cap: $3.7 Bil
Sector: Real Estate
Industry: Industrial REITs

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%, Dividend Yield is 7.1%	Weak multi-year price returns 2Y Excs Rtn is -99%, 3Y Excs Rtn is -130%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 116%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%		Expensive valuation multiples P/EBITPrice/EBIT or Price/(Operating Income) ratio is 51x
2	Low stock price volatility Vol 12M is 39%		Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.6%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.5%, Rev Chg QQuarterly Revenue Change % is -1.6%
3	Megatrend and thematic drivers Megatrends include E-commerce Logistics & Data Centers, Automation & Robotics, and E-commerce & DTC Adoption. Themes include Cold Storage Facilities, Show more.		Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.7%
4			Key risks COLD key risks include [1] declining occupancy rates and customer activity challenges, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%, Dividend Yield is 7.1%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
2	Low stock price volatility Vol 12M is 39%
3	Megatrend and thematic drivers Megatrends include E-commerce Logistics & Data Centers, Automation & Robotics, and E-commerce & DTC Adoption. Themes include Cold Storage Facilities, Show more.
4	Weak multi-year price returns 2Y Excs Rtn is -99%, 3Y Excs Rtn is -130%
5	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 116%
6	Expensive valuation multiples P/EBITPrice/EBIT or Price/(Operating Income) ratio is 51x
7	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.6%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.5%, Rev Chg QQuarterly Revenue Change % is -1.6%
8	Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.7%
9	Key risks COLD key risks include [1] declining occupancy rates and customer activity challenges, Show more.

Valuation, Metrics & Events

	12/29/25	2024	2023	2022	2021
Share Price CYE	$12.80	$20.50	$27.98	$25.41	$28.51
Market Cap CYE ($ Bil)	3.7	5.8	7.9	6.9	7.6
Total Debt ($ Bil)	4.3	3.7	3.5	3.6	3.4
Total Cash ($ Bil)	0.0	0.0	0.1	0.1	0.1
Enterprise Value ($ Bil)	7.9	9.5	11.4	10.5	11.0
Valuation Ratios
P/S TTM	1.4	2.3	3.1	2.6	3.1
P/EBIT TTM	50.6	189.6	-44.4	88.5	123.9
P/E TTM	-58.6	-64.6	-24.8	-392.6	-278.9
P/FCF TTM	-24.8	59.5	232.4	-332.5	-38.8
Sector Ratios
P/S TTM (Sector)	4.0	4.1	4.2	4.4	6.7
P/EBIT TTM (Sector)	12.1	13.1	13.2	13.5	16.2
P/E TTM (Sector)	19.4	20.8	20.0	18.3	23.9
P/FCF TTM (Sector)	11.7	13.0	11.9	10.7	16.8

	12/29/25	2024	2023
Share Price CYE	$12.80	$20.50	$27.98
Market Cap CYE ($ Bil)	3.7	5.8	7.9
Total Debt ($ Bil)	4.3	3.7	3.5
Total Cash ($ Bil)	0.0	0.0	0.1
Enterprise Value ($ Bil)	7.9	9.5	11.4
Valuation Ratios
P/S TTM	1.4	2.3	3.1
P/EBIT TTM	50.6	189.6	-44.4
P/E TTM	-58.6	-64.6	-24.8
P/FCF TTM	-24.8	59.5	232.4
Sector Ratios
P/S TTM (Sector)	4.0	4.1	4.2
P/EBIT TTM (Sector)	12.1	13.1	13.2
P/E TTM (Sector)	19.4	20.8	20.0
P/FCF TTM (Sector)	11.7	13.0	11.9

	COLD	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	2.6
Rev Chg Q	-1.6%	7.3%
Rev Chg LTM	-2.6%	6.1%
Rev Chg 3Y Avg	-3.5%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.2
CFO LTM ($ Bil)	0.4
Net Inc LTM ($ Bil)	-0.1
Op Mgn LTM	7.8%	18.8%
CFO/Rev LTM	15.0%	20.4%
Net Inc Mgn	-2.4%	13.1%
VALUATION	LOW
P/S	1.4	3.3
P/CFO	9.3	15.8
P/FCF	-24.8	20.7
P/E	-58.6	23.7

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Metric	Value	Date	Source
Total Warehouses	235	9302025	Link
Total Refrigerated Capacity (in billions of cubic feet)	1.4	9302025	Link
Pallet Positions (in millions)	5.5	9302025	Link
Number of Associates	approximately 13,000	9302025	Link
Number of Customers	approximately 3,000	9302025	Link

Upcoming
12/31/2025	Dividend	Amount: $0.23 Payment On: 1/15/2026
2/19/2026	Earnings Release	Rev: - EPS: -

COLD Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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1. Significant Q2 2025 Earnings Miss and Lowered Guidance. Americold Realty Trust reported second-quarter 2025 earnings on August 7, 2025, revealing a substantial miss on earnings per share (EPS) of $0.01 against an expected $0.07, representing an 85.71% negative surprise. Following this announcement, the stock dropped 8.43% in pre-market trading, and the company reduced its full-year Adjusted Funds From Operations (AFFO) guidance to $1.39-$1.45 per share, signaling a weaker outlook that likely carried negative sentiment into the requested period.

2. Q3 2025 EPS Miss Amidst Revenue Decline. For the third quarter of 2025, reported on November 6-7, 2025, Americold again missed EPS forecasts, reporting $0.04 against a $0.06 consensus, a 33.3% miss. Although revenue slightly beat estimates, it represented a 1.6% decrease from Q3 2024, highlighting ongoing top-line challenges. This mixed financial picture led to a "tepid market reception" and the stock trading lower in pre-market activity.

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Stock Movement Drivers

Fundamental Drivers

The 5.5% change in COLD stock from 9/28/2025 to 12/28/2025 was primarily driven by a 6.1% change in the company's P/S Multiple.

	9282025	12282025	Change
Stock Price ($)	12.14	12.81	5.52%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2620.33	2609.83	-0.40%
P/S Multiple	1.32	1.40	6.05%
Shares Outstanding (Mil)	285.60	285.90	-0.10%
Cumulative Contribution			5.52%

LTM = Last Twelve Months as of date shown

Market Drivers

9/28/2025 to 12/28/2025

	Return	Correlation
COLD	5.5%
Market (SPY)	4.3%	17.5%
Sector (XLRE)	-3.2%	36.9%

Fundamental Drivers

The -21.6% change in COLD stock from 6/29/2025 to 12/28/2025 was primarily driven by a -20.8% change in the company's P/S Multiple.

	6292025	12282025	Change
Stock Price ($)	16.33	12.81	-21.57%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2630.54	2609.83	-0.79%
P/S Multiple	1.77	1.40	-20.80%
Shares Outstanding (Mil)	285.36	285.90	-0.19%
Cumulative Contribution			-21.57%

LTM = Last Twelve Months as of date shown

Market Drivers

6/29/2025 to 12/28/2025

	Return	Correlation
COLD	-21.6%
Market (SPY)	12.6%	17.4%
Sector (XLRE)	-0.7%	41.8%

Fundamental Drivers

The -36.9% change in COLD stock from 12/28/2024 to 12/28/2025 was primarily driven by a -34.9% change in the company's P/S Multiple.

	12282024	12282025	Change
Stock Price ($)	20.29	12.81	-36.86%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2679.40	2609.83	-2.60%
P/S Multiple	2.16	1.40	-34.94%
Shares Outstanding (Mil)	284.86	285.90	-0.36%
Cumulative Contribution			-36.86%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2024 to 12/28/2025

	Return	Correlation
COLD	-36.9%
Market (SPY)	17.0%	41.9%
Sector (XLRE)	2.3%	57.3%

Fundamental Drivers

The -50.0% change in COLD stock from 12/29/2022 to 12/28/2025 was primarily driven by a -40.9% change in the company's P/S Multiple.

	12292022	12282025	Change
Stock Price ($)	25.61	12.81	-49.99%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	2909.71	2609.83	-10.31%
P/S Multiple	2.37	1.40	-40.87%
Shares Outstanding (Mil)	269.59	285.90	-6.05%
Cumulative Contribution			-50.17%

LTM = Last Twelve Months as of date shown

Market Drivers

12/29/2023 to 12/28/2025

	Return	Correlation
COLD	-54.2%
Market (SPY)	48.4%	36.5%
Sector (XLRE)	7.1%	52.8%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
COLD Return	9%	-10%	-11%	10%	-27%	-39%	-57%
Peers Return	16%	38%	-12%	21%	26%	16%	150%
S&P 500 Return	16%	27%	-19%	24%	23%	18%	114%
Monthly Win Rates [3]
COLD Win Rate	50%	67%	42%	58%	17%	42%
Peers Win Rate	52%	65%	42%	68%	57%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
COLD Max Drawdown	-31%	-23%	-31%	-12%	-29%	-51%
Peers Max Drawdown	-34%	-5%	-26%	-7%	-9%	-23%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See COLD Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique Key	Event	COLD	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-45.2%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	82.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-37.2%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	59.3%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	128 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-17.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	21.8%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	226 days	120 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Americold Realty Trust's stock fell -45.2% during the 2022 Inflation Shock from a high on 7/20/2021. A -45.2% loss requires a 82.6% gain to breakeven.

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About Americold Realty Trust (COLD)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

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.

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Here are 1-3 brief analogies for Americold Realty Trust (COLD):

Prologis for cold storage.
Equinix for the cold food supply chain.

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Temperature-Controlled Warehousing: Provides specialized storage facilities for frozen and refrigerated food products, ensuring their integrity and safety.
Value-Added Logistics Services: Offers a comprehensive suite of services within their warehouses, including blast freezing, tempering, case picking, cross-docking, and inventory management.

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Americold Realty Trust (COLD) sells primarily to other companies (B2B).

Its major identifiable customer, based on public filings, is:

Tyson Foods, Inc. (Symbol: TSN)

Tyson Foods, Inc. accounted for approximately 6.0% of Americold's total revenue for the year ended December 31, 2023. No other single customer individually accounted for more than 5.0% of total revenue.

Americold's broader customer base generally consists of various companies within the food industry that require temperature-controlled storage and logistics services. These typically include:

Food producers
Food processors
Food distributors
Food retailers

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Below is the management team of Americold Realty Trust (COLD):

Robert S. Chambers Chief Executive Officer

Mr. Chambers was appointed Chief Executive Officer and a member of the Board of Directors of Americold Realty Trust, effective September 1, 2025. He has over 12 years of experience with Americold, having previously served as President, overseeing global operations, and in roles such as President, Americas; Executive Vice President and Chief Commercial Officer; and Vice President of Commercial Finance. Prior to joining Americold, Mr. Chambers served as Chief Financial Officer of Saia Inc., a publicly listed transportation and logistics company, and held leadership positions at CEVA Logistics. He began his career at KPMG and is a licensed CPA and Chartered Global Management Accountant. He also serves on the boards of the Global Cold Chain Alliance and Stetson University School of Business.

Jay E. Wells Executive Vice President, Chief Financial Officer

Mr. Wells was appointed Executive Vice President and Chief Financial Officer, effective January 15, 2024. He is described as a results-oriented executive with a track record of driving profitable growth and a keen strategic mindset with experience in prudent capital management.

Richard C. Winnall President, International

Mr. Winnall assumed the role of President, International, effective January 3, 2024. He was previously the Chief Operating Officer, International, appointed in August 2022, and joined Americold in January 2019 as Managing Director, International, also holding the role of Managing Director, Asia Pacific and Latin America. Prior to Americold, Mr. Winnall worked at DHL Supply Chain (DPDHL Group) in Asia Pacific and Europe, Middle East & Africa, and Linfox in the Asia Pacific region. He holds a Master of Science Management, Intermodal Transport from the University of Denver, Colorado, and a Master of International Business from Swinburne University, Melbourne.

Michael Spires Chief Information Officer

Mr. Spires serves as Chief Information Officer, a role he has held since 2022. He is an Executive Vice President.

Nathan Harwell Chief Legal Officer, Executive Vice President

Mr. Harwell is the Chief Legal Officer and Executive Vice President, a position he has held since 2023.

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Key Risks to Americold Realty Trust (COLD)

Declining Occupancy Rates, Customer Activity Challenges, and Intense Industry Competition: Americold Realty Trust has experienced issues with customer activity and declining occupancy rates in its refrigerated warehouses, which directly impact revenue and profitability. The refrigerated warehousing industry is highly competitive, facing pressure from other large national and regional players, as well as smaller, local operators. This increased competition can lead to pricing pressures and reduced occupancy rates.
High Leverage and Sensitivity to Interest Rate Fluctuations: The company carries substantial indebtedness. Increases in interest rates can significantly raise Americold's interest costs, subsequently reducing cash flows, funds from operations, and its ability to access capital markets and make distributions to stockholders. This high leverage amplifies risks in the current economic environment.
Concentration in the Temperature-Controlled Warehouse Industry: Americold's investments are heavily concentrated in the industrial real estate industry, specifically in temperature-controlled warehouses. This specialization exposes the company to a greater extent to the risks of economic downturns within this particular industry, as well as fluctuations in the markets for, and production of, the commodities and finished products stored in its facilities.

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Americold Realty Trust (COLD) primarily offers temperature-controlled warehousing and logistics solutions, which include storage, handling, inventory management, and transportation services for perishable goods.

Addressable Market Sizes:

North America Cold Storage Market

The North America cold storage market was valued at approximately USD 54.40 billion in 2024 and is projected to reach USD 134.98 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.7% from 2025 to 2030.

U.S. Cold Storage Market

The U.S. cold storage market was valued at USD 39.49 billion in 2024 and is anticipated to reach USD 111.29 billion by 2033, exhibiting a CAGR of 12.20% from 2025 to 2033.

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Here are 3-5 expected drivers of future revenue growth for Americold Realty Trust (COLD) over the next 2-3 years:

Pricing Initiatives and Rate Escalations: Americold is focused on maintaining disciplined pricing strategies that reflect the quality of its services. The company has seen increased rent and storage revenue per economic occupied pallet and services revenue per throughput pallet, indicating its ability to balance price and occupancy even in competitive environments. These initiatives have contributed to growth in the Global Warehouse segment.
Strategic Acquisitions and Development Pipeline: The company has a robust development pipeline, exceeding $1 billion in opportunities, with planned expansions in key markets such as Dallas-Fort Worth, Dubai, and Kansas City. Strategic acquisitions, like the Houston warehouse acquisition which enabled a new retail customer win, are also expected to expand its network and market presence, particularly in emerging markets and regions with high demand.
Growth in Fixed Commitment Contracts and Customer Base Diversification: Americold has seen an increase in fixed commitment contracts for rent and storage revenue. The company is also actively pursuing growth in the fast-turning retail sector and expanding its quick-service restaurant (QSR) business into new geographies, aiming to diversify and strengthen its customer base.
Productivity Improvements and Operational Efficiency: Initiatives such as "Project Orion" are enhancing operational efficiencies and optimizing workforce performance. These improvements have led to higher warehouse services margins, contributing to increased Net Operating Income (NOI). The company targets achieving 9% services margins in the second half of 2024.
Leveraging Long-term Industry Fundamentals: Americold is positioned to benefit from secular demand trends in the cold storage industry, driven by evolving consumption patterns towards fresh and healthy foods, the expansion of e-commerce grocery delivery, increased demand for pharmaceuticals, and the re-shoring of essential food logistics capacity globally.

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Share Issuance

In November 2020, Americold announced plans to fund acquisitions and expansion projects partly through recent equity offerings.
The company's diluted shares outstanding increased from 207 million, reflecting past share issuances to support expansion.
As of November 4, 2025, Americold had 284,854,479 common shares outstanding.

Outbound Investments

In August 2020, Americold acquired a cold storage facility in Tampa, FL for $25.0 million and AM-C Warehouses in Dallas-Fort Worth, TX for $82.5 million, totaling $107.5 million.
In November 2020, the company acquired Hall's Warehouse Corporation for $480 million.
In March 2025, Americold announced a $127 million acquisition of a temperature-controlled facility in Houston, Texas, including planned expansions and equipment upgrades, to support a new grocery retail contract. The company also acquired a Baytown, TX temperature-controlled facility for $108.4 million in the first nine months of 2025.

Capital Expenditures

For the first nine months of 2025, capital expenditures totaled $434.5 million.
Initial capital expenditures of $0.5 million for the Tampa facility and $2.5 million for AM-C Warehouses were part of the acquisition costs in August 2020.
In November 2020, Americold announced two expansion projects totaling $95 million ($84 million for a build-to-suit in Arkansas and $11 million for its Calgary facility) with targeted completion by the end of 2022, focused on enhancing network capabilities and serving top-tier customers. Capital expenditures are aimed at expanding market presence and supporting customer growth in the high-turn retail segment, with Project Orion also being a focus.

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SPG (50.7%)

Simon Property

AMT (35.3%)

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WELL (28.2%)

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EQIX (-1.3%)

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Higher Total Yield (Value for COLD: 5.4%)

VICI (15.4%)

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Realty Income

AMT (7.3%)

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AvalonBay Communities

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Costco Wholesale

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VZ (0.5% | 1.2x)

Verizon Communications

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Comcast

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for COLD: -3.5% | 18.1x)

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Visa

HD (1.9% | 16.1x)

Home Depot

PG (1.8% | 16.5x)

Procter & Gamble

UNH (11.4% | 11.4x)

UnitedHealth

MRK (2.9% | 11.9x)

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Higher Rev Chg LTM (Value for COLD: -2.6%)

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Microsoft

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AMZN (10.9%)

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NVDA (91.6%)

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MSFT (13.2%)

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AMZN (11.3%)

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GOOGL (11.0%)

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AAPL (1.8%)

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Higher Op Mgn LTM (Value for COLD: 7.8%)

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NVIDIA

MSFT (46.3%)

Microsoft

GOOGL (32.2%)

Alphabet

AAPL (31.9%)

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AMZN (11.4%)

Amazon.com

Higher CFO/Rev LTM (Value for COLD: 15.0%)

MSFT (50.0%)

Microsoft

NVDA (44.4%)

NVIDIA

GOOGL (39.3%)

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AAPL (26.6%)

Apple

AMZN (18.1%)

Amazon.com

Higher FCF/Rev LTM (Value for COLD: -5.7%)

NVDA (41.3%)

NVIDIA

MSFT (26.6%)

Microsoft

AAPL (23.5%)

Apple

GOOGL (19.1%)

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AMZN (2.0%)

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JPM (6.4%)

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	COLD	CTRE	WPC	NNN	ADC	OHI	O	EPRT	GLPI	EPR	FCPT
What You Pay
P/E	-58.7	29.7	39.2	18.9	41.6	24.4	53.9	24.5	16.3	19.1	22.3
P/EBIT	50.6	25.8	20.6	12.6	24.9	16.6	24.2	17.2	10.7	11.6	15.2
What You Get
Rev Chg Q	-1.6%	82.4%	8.5%	5.3%	18.7%	12.9%	9.1%	23.7%	3.2%	4.3%	11.0%
Rev Chg LTM	-2.6%	47.6%	5.6%	4.5%	14.7%	13.7%	14.7%	24.2%	4.4%	4.2%	8.3%
Rev Chg 3Y Avg	-3.5%	21.2%	5.6%	6.0%	19.5%	6.3%	21.5%	24.2%	7.4%	3.9%	9.5%
FCF/Rev 3Y Avg	-0.1%	88.9%	84.4%	73.6%	73.1%	71.6%	69.5%	69.3%	65.4%	63.9%	61.3%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 9.6%, alpha of 3.1%, and sharpe of 0.44

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Americold Realty Trust Earnings Notes
2	Americold Realty Trust Earnings Notes
3	Americold Realty Trust Earnings Notes
4	Americold Realty Trust Earnings Notes
5	With Americold Realty Trust Stock Surging, Have You Considered The Downside?	Return
6	Americold Realty Trust vs Alphabet: Which Is A Better Investment?	Counter-Intuitive Comparisons
7	Americold Realty Trust vs American Tower: Which Is A Better Investment?	Counter-Intuitive Comparisons
8	Americold Realty Trust vs CubeSmart: Which Is A Better Investment?	Counter-Intuitive Comparisons
9	Americold Realty Trust Stock vs Competition: Who Wins?	Peer Comparison
10	Better Bet Than COLD Stock: Pay Less Than Americold Realty Trust To Get More From TMUS, DIS

	Title
0	ARTICLES

Trade Ideas

Select ideas related to COLD. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
MPW_10312025_Short_Squeeze	10312025	MPW	Medical Properties Trust	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	-0.1%	-0.1%	-5.8%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ZETA	Zeta Global	4.6	8.3%	15.1%
SGML	Sigma Lithium	1.6	7.3%	29.2%
USAS	Americas Gold And Silver	1.6	6.6%	557.6%
CPNG	Coupang	44.2	6.4%	10.4%
LION	Lionsgate Studios	2.7	4.6%	-69.9%
BBW	Build-A-Bear Workshop	0.8	4.4%	37.8%
XRAY	Dentsply Sirona	2.3	4.2%	-36.3%
BLMN	Bloomin Brands	0.6	3.8%	-41.2%
FUN	Six Flags Entertainment	1.5	3.8%	-69.1%
SVM	Silvercorp Metals	1.9	3.6%	198.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FLY	Firefly Aerospace	3.3	-13.7%	-61.3%
TMC	TMC The Metals	2.5	-10.5%	508.9%
ORGO	Organogenesis	0.7	-10.1%	64.8%
AAOI	Applied Optoelectronics	2.4	-9.3%	0.8%
BKSY	BlackSky Technology	0.7	-9.0%	79.0%
LUNR	Intuitive Machines	1.8	-8.7%	-16.0%
RCAT	Red Cat	0.8	-8.7%	-35.4%
RGTI	Rigetti Computing	6.7	-8.7%	46.7%
RDW	Redwire	1.0	-8.6%	-56.6%
RKLB	Rocket Lab	36.4	-8.5%	177.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
OMER	Omeros	0.9	71.5%	59.0%
RZLT	Rezolute	0.3	44.3%	-45.5%
DVAX	Dynavax Technologies	1.8	41.5%	20.4%
LUNR	Intuitive Machines	1.8	40.6%	-16.0%
UAMY	United States Antimony	0.7	39.0%	252.5%
FOLD	Amicus Therapeutics	4.4	30.9%	51.3%
ADEA	Adeia	1.9	30.3%	23.0%
HUT	Hut 8	5.2	28.6%	142.3%
AAOI	Applied Optoelectronics	2.4	27.1%	0.8%
SGML	Sigma Lithium	1.6	24.9%	29.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TPL	Texas Pacific Land	6.6	-67.9%	-21.5%
LW	Lamb Weston	5.9	-29.0%	-35.3%
TLRY	Tilray Brands	10.2	-22.2%	-27.8%
TDUP	ThredUp	0.8	-18.2%	348.2%
LAB	Standard BioTools	0.5	-16.9%	-21.1%
OLMA	Olema Pharmaceuticals	2.2	-14.9%	349.9%
EVEX	Eve	1.4	-12.0%	-21.9%
IRON	Disc Medicine	2.8	-11.2%	26.7%
AVO	Mission Produce	0.8	-11.1%	-18.8%
CABO	Cable One	0.7	-10.6%	-67.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TLRY	Tilray Brands	10.2	876.4%	-27.8%
HPP	Hudson Pacific Properties	4.7	452.7%	-51.0%
WVE	WAVE Life Sciences	2.9	139.2%	43.7%
TE	T1 Energy	1.1	106.7%	400.0%
VERA	Vera Therapeutics	3.4	82.1%	26.7%
OMER	Omeros	0.9	66.2%	59.0%
RKLB	Rocket Lab	36.4	65.8%	177.4%
PL	Planet Labs PBC	5.9	65.0%	379.2%
AAOI	Applied Optoelectronics	2.4	63.5%	0.8%
LUNR	Intuitive Machines	1.8	62.4%	-16.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.3	-72.0%	-45.5%
JANX	Janux Therapeutics	0.9	-59.0%	-73.4%
FRMI	Fermi	5.3	-46.0%	-76.6%
LENZ	LENZ Therapeutics	0.5	-43.5%	-41.6%
GOGO	Gogo	0.6	-35.3%	-43.0%
HPK	HighPeak Energy	0.5	-33.9%	-70.4%
PACB	Pacific Biosciences of California	0.5	-32.7%	-3.3%
LDI	loanDepot	0.4	-29.6%	3.9%
ORIC	ORIC Pharmaceuticals	0.6	-29.0%	2.2%
LW	Lamb Weston	5.9	-28.6%	-35.3%

Peer Comparisons for Americold Realty Trust

Peers to compare with:

Financials

	COLD	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Americol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Price	12.81	23.26	24.49	305.09	78.16	273.40	51.32
Mkt Cap	3.7	21.9	32.6	284.9	309.2	4,074.4	158.8
Rev LTM	2,610	55,295	34,296	65,402	57,696	408,625	56,496
Op Inc LTM	203	3,624	1,644	11,544	12,991	130,214	7,584
FCF LTM	-148	2,800	627	11,854	12,733	96,184	7,327
FCF 3Y Avg	-1	2,978	1,400	11,753	13,879	100,503	7,366
CFO LTM	392	3,697	2,919	13,483	13,744	108,565	8,590
CFO 3Y Avg	375	3,672	3,896	13,498	14,736	111,559	8,697

Growth & Margins

	COLD	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Americol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Rev Chg LTM	-2.6%	3.2%	13.8%	4.5%	8.9%	6.0%	5.2%
Rev Chg 3Y Avg	-3.5%	-3.9%	6.5%	2.6%	3.7%	1.8%	2.2%
Rev Chg Q	-1.6%	4.2%	14.4%	9.1%	7.5%	9.6%	8.3%
QoQ Delta Rev Chg LTM	-0.4%	1.1%	3.7%	2.1%	1.8%	2.1%	2.0%
Op Mgn LTM	7.8%	6.6%	4.8%	17.7%	22.5%	31.9%	12.7%
Op Mgn 3Y Avg	7.7%	7.4%	7.2%	16.4%	24.2%	30.8%	12.0%
QoQ Delta Op Mgn LTM	-0.4%	-0.2%	-1.4%	0.6%	0.4%	0.1%	-0.1%
CFO/Rev LTM	15.0%	6.7%	8.5%	20.6%	23.8%	26.6%	17.8%
CFO/Rev 3Y Avg	14.1%	6.8%	12.7%	21.4%	26.1%	28.4%	17.7%
FCF/Rev LTM	-5.7%	5.1%	1.8%	18.1%	22.1%	23.5%	11.6%
FCF/Rev 3Y Avg	-0.1%	5.5%	4.6%	18.6%	24.6%	25.6%	12.1%

Valuation

	COLD	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Americol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Cap	3.7	21.9	32.6	284.9	309.2	4,074.4	158.8
P/S	1.4	0.4	1.0	4.4	5.4	10.0	2.9
P/EBIT	50.6	6.8	19.9	25.1	22.5	31.3	23.8
P/E	-58.7	8.6	572.7	36.0	29.9	41.0	33.0
P/CFO	9.3	5.9	11.2	21.1	22.5	37.5	16.2
Total Yield	5.4%	14.1%	2.3%	5.0%	5.4%	2.8%	5.2%
Dividend Yield	7.1%	2.5%	2.1%	2.2%	2.1%	0.4%	2.1%
FCF Yield 3Y Avg	-0.8%	10.6%	5.5%	6.4%	6.0%	3.1%	5.7%
D/E	1.2	0.5	0.7	0.2	0.1	0.0	0.4
Net D/E	1.2	0.3	0.6	0.2	0.0	0.0	0.3

Returns

	COLD	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	Americol.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
1M Rtn	18.3%	-3.6%	12.7%	-1.1%	1.6%	-2.0%	0.2%
3M Rtn	5.5%	-11.9%	2.7%	7.9%	17.0%	7.1%	6.3%
6M Rtn	-21.6%	-4.0%	34.5%	6.6%	15.2%	36.3%	10.9%
12M Rtn	-36.9%	-27.0%	16.2%	40.5%	34.5%	7.5%	11.8%
3Y Rtn	-50.0%	-3.7%	67.3%	141.3%	79.6%	114.1%	73.5%
1M Excs Rtn	18.9%	-5.6%	12.9%	-2.2%	-0.0%	-3.7%	-1.1%
3M Excs Rtn	1.2%	-16.2%	-1.7%	3.6%	12.7%	2.8%	2.0%
6M Excs Rtn	-33.8%	-16.3%	22.3%	-5.7%	3.0%	24.0%	-1.3%
12M Excs Rtn	-52.5%	-42.9%	-0.7%	25.0%	19.9%	-8.4%	-4.6%
3Y Excs Rtn	-130.0%	-83.5%	-11.2%	59.6%	-1.2%	28.4%	-6.2%

Comparison Analyses

	Title
0	Americold Realty Trust Stock vs Competition: Who Wins?

FDIC Bank Data

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/6/2025	2/27/2025	2/29/2024	2/27/2023	3/1/2022	3/1/2021	3/2/2020
Key Financials
Total Revenue	2,610	2,667	2,673	2,915	2,715	1,988	1,784
Net Income	-62	-94	-336	-19	-30	25	48
EPS	-0.22	-0.33	-1.22	-0.07	-0.12	0.11	0.26
Growth Rates
Total Revenue Growth	-2.6%	-0.3%	-8.3%	7.4%	36.6%	11.4%	11.2%
Net Income Growth	78.1%	71.9%	-1629.5%	36.2%	-224.1%	-49.0%	0.4%
Margins
Net Income Margin	-2.4%	-3.5%	-12.6%	-0.7%	-1.1%	1.2%	2.7%
Cash & Debt
Total Cash	33	48	60	53	83	621	234
Total Debt	4,288	3,680	3,493	3,583	3,421	3,228	1,932
Net Debt / (Cash)	4,255	3,633	3,432	3,530	3,338	2,607	1,697
Cash Flows
Net Cash from Operations	392	412	366	300	273	294	236
Free Cash from Operations	-148	102	36	-23	-219	-109	-66
Returns to Shareholders
Dividends	259	252	242	239	228	167	135
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/6/2025	8/7/2025	5/8/2025	2/27/2025	11/7/2024	8/8/2024	5/10/2024	2/29/2024	11/2/2023	8/3/2023	5/4/2023	2/27/2023
Key Financials Quarterly
Total Revenue	664	651	629	666	674	661	665	679	668	650	676	722
Net Income	-11	2	-16	-36	-4	-64	10	-227	-2	-105	-3	3
EPS	-0.04	0.01	-0.06	-0.13	-0.01	-0.23	0.03	-0.80	-0.01	-0.39	-0.01	0.01
Key Financials TTM
Total Revenue TTM	2,610	2,620	2,631	2,667	2,679	2,673	2,662	2,673	2,716	2,805	2,886	2,915
Net Income TTM	-62	-55	-120	-94	-285	-283	-324	-336	-106	-113	-5	-19
Growth Rates Quarterly
Total Revenue Growth	-1.6%	-1.5%	-5.4%	-1.9%	0.9%	1.7%	-1.7%	-5.9%	-11.9%	-11.0%	-4.1%	0.7%
Net Income Growth	-204.8%	102.4%	-268.2%	84.0%	-78.6%	38.8%	480.2%	-7805.2%	76.6%	-2761.3%	85.3%	137.0%
Margins Quarterly
Net Income Margin	-1.7%	0.2%	-2.6%	-5.4%	-0.6%	-9.7%	1.5%	-33.4%	-0.3%	-16.1%	-0.4%	0.4%
Cash & Debt
Total Cash	33	101	39	48	61	44	59	60	54	49	47	53
Total Debt	4,288	4,208	3,942	3,680	3,759	3,597	3,502	3,493	3,400	3,813	3,696	3,583
Net Debt / (Cash)	4,255	4,106	3,903	3,633	3,698	3,553	3,443	3,432	3,346	3,764	3,649	3,530
Cash Flows Quarterly
FCF from Operations	79	120	30	163	51	137	62	173	110	41	41	117
Cash Flows TTM
FCF from Operations TTM	392	364	380	412	422	482	387	366	310	250	326	300
Returns to Shareholders Quarterly
Dividends	66	66	63	63	63	63	63	63	60	60	60	59
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	1.2%	0.7%	2.0%	2.0%	2.0%	2.8%	2.0%	2.6%	1.7%	2.0%	0.2%	2.1%
Return on Invested Capital (ROIC) TTM
ROIC TTM	1.8%	2.1%	2.2%	2.3%	2.5%	2.4%	2.2%	2.1%	1.9%	1.8%	1.8%	0.6%

Segment Financials

Revenue by Segment

$ Mil	2024	2020
Warehouse	2,391	1,377
Transportation	240	145
Third-party managed	43	253
Other		9
Total	2,673	1,784

Price Behavior

Price Behavior

Market Price	$12.81
Market Cap ($ Bil)	3.7
First Trading Date	01/19/2018
Distance from 52W High	-42.0%
	50 Days	200 Days
DMA Price	$12.01	$15.21
DMA Trend	down	down
Distance from DMA	6.7%	-15.8%
	3M	1YR
Volatility	43.6%	38.9%
Downside Capture	7.20	88.58
Upside Capture	31.50	29.21
Correlation (SPY)	17.8%	41.8%

COLD Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.26	0.67	0.69	0.76	0.84	0.81
Up Beta	-0.05	0.79	1.14	1.41	1.11	0.94
Down Beta	2.69	1.28	1.09	0.74	0.75	0.74
Up Capture	-0%	-14%	-40%	-9%	12%	20%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	9	23	30	63	115	367
Down Capture	213%	80%	110%	128%	103%	101%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	10	18	32	61	130	378

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

		Comparison of COLD With Other Asset Classes (Last 1Y)
	COLD	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-37.1%	2.7%	17.8%	72.1%	8.6%	4.4%	-8.2%
Annualized Volatility	38.5%	16.8%	19.4%	19.3%	15.2%	17.0%	35.0%
Sharpe Ratio	-1.11	-0.01	0.72	2.70	0.34	0.09	-0.08
Correlation With Other Assets		57.2%	41.8%	5.4%	15.6%	59.2%	17.0%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of COLD With Other Asset Classes (Last 5Y)
	COLD	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-15.8%	5.3%	14.7%	18.7%	11.5%	4.6%	30.8%
Annualized Volatility	30.1%	19.1%	17.1%	15.5%	18.7%	18.9%	48.6%
Sharpe Ratio	-0.53	0.19	0.70	0.97	0.50	0.16	0.57
Correlation With Other Assets		60.1%	43.2%	15.4%	11.3%	61.7%	16.1%

Based On 10-Year Data

		Comparison of COLD With Other Asset Classes (Last 10Y)
	COLD	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-1.0%	6.3%	14.8%	15.3%	7.0%	5.3%	69.2%
Annualized Volatility	30.8%	20.6%	18.0%	14.7%	17.6%	20.8%	55.8%
Sharpe Ratio	0.03	0.27	0.71	0.86	0.32	0.22	0.90
Correlation With Other Assets		62.4%	48.8%	13.7%	17.4%	62.7%	14.7%

Short Interest

Short Interest: As Of Date	12152025
Short Interest: Shares Quantity	25,624,939
Short Interest: % Change Since 11302025	6.1%
Average Daily Volume	8,004,860
Days-to-Cover Short Interest	3.20
Basic Shares Quantity	285,898,000
Short % of Basic Shares	9.0%

Returns Analyses

	Title
0	With Americold Realty Trust Stock Surging, Have You Considered The Downside?
1	Americold Realty Trust Stock Return Comparison
2	[10/13/2021] Americold Realty Trust (COLD) Stock Price Forecast: AI Forecasts COLD Stock Price To Be Around $29.50 In A Month (Down 0.8%)
3	Americold Realty Trust Total Shareholder Return (TSR): -11.0% in 2022 and -4.5% 3-yr returns (below peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/6/2025	-7.1%	-13.5%	-17.1%
8/7/2025	-9.4%	-7.5%	-13.8%
5/8/2025	-5.8%	-2.6%	-6.5%
2/20/2025	6.2%	6.8%	4.0%
11/7/2024	-8.3%	-11.5%	-8.4%
8/8/2024	1.3%	-1.9%	0.6%
5/9/2024	5.2%	7.9%	16.8%
2/22/2024	-8.9%	-10.6%	-12.3%
...
SUMMARY STATS
# Positive	12	8	13
# Negative	12	16	11
Median Positive	4.4%	5.0%	5.0%
Median Negative	-5.1%	-4.1%	-8.4%
Max Positive	15.3%	23.3%	22.3%
Max Negative	-9.4%	-16.7%	-19.5%

	Forward Returns
11/6/2025	-7.1%	-13.5%	-17.1%
8/7/2025	-9.4%	-7.5%	-13.8%
5/8/2025	-5.8%	-2.6%	-6.5%
2/20/2025	6.2%	6.8%	4.0%
11/7/2024	-8.3%	-11.5%	-8.4%
8/8/2024	1.3%	-1.9%	0.6%
5/9/2024	5.2%	7.9%	16.8%
2/22/2024	-8.9%	-10.6%	-12.3%
11/2/2023	-3.0%	-9.2%	4.6%
8/3/2023	0.8%	0.1%	5.0%
5/4/2023	4.8%	3.2%	0.6%
2/16/2023	4.9%	-1.2%	-6.8%
11/3/2022	15.3%	23.3%	22.3%
8/4/2022	-4.4%	-1.1%	-10.8%
5/5/2022	0.2%	-3.7%	10.0%
2/24/2022	-0.8%	2.8%	0.8%
11/3/2021	-1.9%	-2.1%	6.1%
8/5/2021	-3.9%	-4.5%	-2.7%
5/6/2021	1.4%	-1.3%	4.4%
2/18/2021	4.0%	2.4%	5.7%
11/5/2020	0.4%	-2.2%	-7.7%
8/6/2020	-3.7%	-5.7%	-7.6%
5/7/2020	13.0%	7.2%	14.5%
2/20/2020	-6.8%	-16.7%	-19.5%
SUMMARY STATS
# Positive	12	8	13
# Negative	12	16	11
Median Positive	4.4%	5.0%	5.0%
Median Negative	-5.1%	-4.1%	-8.4%
Max Positive	15.3%	23.3%	22.3%
Max Negative	-9.4%	-16.7%	-19.5%

SEC Filings

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Report Date	Filing Date	Filing
9302025	11062025	10-Q 9/30/2025
6302025	8072025	10-Q 6/30/2025
3312025	5082025	10-Q 3/31/2025
12312024	2272025	10-K 12/31/2024
9302024	11072024	10-Q 9/30/2024
6302024	8082024	10-Q 6/30/2024
3312024	5102024	10-Q 3/31/2024
12312023	2292024	10-K 12/31/2023
9302023	11022023	10-Q 9/30/2023
6302023	8032023	10-Q 6/30/2023
3312023	5042023	10-Q 3/31/2023
12312022	2272023	10-K 12/31/2022
9302022	11042022	10-Q 9/30/2022
6302022	8052022	10-Q 6/30/2022
3312022	5062022	10-Q 3/31/2022
12312021	3012022	10-K 12/31/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Chappelle George F. Jr.	Chief Executive Officer	5142025	Buy	17.99	110,000	1,978,570	1,978,570	Form
1	Wells Jay	EVP & CFO	5132025	Buy	17.91	10,000	179,120	179,120	Form
2	Harris Robert E.	SVP & Chief Accounting Oficer	12062024	Sell	22.64	775	17,546	65,611	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Americold Realty Trust (COLD)

Market Price (12/29/2025): $12.8 | Market Cap: $3.7 BilSector: Real Estate | Industry: Industrial REITs

Americold Realty Trust (COLD)

Market Price (12/29/2025): $12.8Market Cap: $3.7 BilSector: Real EstateIndustry: Industrial REITs

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

COLD Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

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Fundamental Drivers

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In The Past

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About Americold Realty Trust (COLD)

Key Risks to Americold Realty Trust (COLD)

Addressable Market Sizes:

North America Cold Storage Market

U.S. Cold Storage Market

Interactive Breakdown

Better Bets than Americold Realty Trust (COLD)

INDUSTRY: Industrial REITs

Higher Rev Chg 3Y Avg | Lower P/S (Values for COLD: -3.5% | 1.4x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for COLD: -3.5% | 18.1x)

Higher Rev Chg LTM (Value for COLD: -2.6%)

Higher Rev Chg 3Y Avg (Value for COLD: -3.5%)

Higher Op Mgn LTM (Value for COLD: 7.8%)

Higher CFO/Rev LTM (Value for COLD: 15.0%)

Higher FCF/Rev LTM (Value for COLD: -5.7%)

Higher Total Yield (Value for COLD: 5.4%)

SECTOR: Real Estate

Higher Rev Chg 3Y Avg | Lower P/S (Values for COLD: -3.5% | 1.4x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for COLD: -3.5% | 18.1x)

Higher Rev Chg LTM (Value for COLD: -2.6%)

Higher Rev Chg 3Y Avg (Value for COLD: -3.5%)

Higher Op Mgn LTM (Value for COLD: 7.8%)

Higher CFO/Rev LTM (Value for COLD: 15.0%)

Higher FCF/Rev LTM (Value for COLD: -5.7%)

Higher Total Yield (Value for COLD: 5.4%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for COLD: -3.5% | 1.4x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for COLD: -3.5% | 18.1x)

Higher Rev Chg LTM (Value for COLD: -2.6%)

Higher Rev Chg 3Y Avg (Value for COLD: -3.5%)

Higher Op Mgn LTM (Value for COLD: 7.8%)

Higher CFO/Rev LTM (Value for COLD: 15.0%)

Higher FCF/Rev LTM (Value for COLD: -5.7%)

Higher Total Yield (Value for COLD: 5.4%)

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Market Price (12/29/2025): $12.8 | Market Cap: $3.7 Bil
Sector: Real Estate | Industry: Industrial REITs

Market Price (12/29/2025): $12.8
Market Cap: $3.7 Bil
Sector: Real Estate
Industry: Industrial REITs