Americold Realty Trust, Inc. COLD
Americold is a self-administered and self-managed REIT that operates a global network of 231 temperature-controlled warehouses encompassing approximately 1.4 billion cubic feet, with 188 warehouses in North America, 23 in Europe, 18 in Asia-Pacific, and 2 in South America. The company provides temperature-controlled warehouse storage, handling services, and transportation solutions for frozen and perishable food products and other temperature-sensitive goods across its three business segments: Warehouse, Transportation, and Third-Party Managed. As of December 31, 2025, Americold served 2,962 customers through facilities organized around four primary solution nodes—production-focused, forward distribution-focused, retail solutions-focused, and port-oriented—and owns over 75% of its warehouses, which provide cost-of-capital advantages and enable integrated value-added services across the cold chain network.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-26 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1 ✓ Verified to filing.
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.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model COLD yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. 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 |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-05-21 | $0.23 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-05 | $0.23 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-16 | $0.23 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-03 | $0.23 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-05-20 | $0.23 | Quarterly |
| 2025-03-28 | 2025-03-28 | 2025-04-15 | 2025-03-17 | $0.23 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-17 | $0.22 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-03 | $0.22 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-05-21 | $0.22 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-03-07 | $0.22 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-12 | 2023-12-12 | $0.22 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-13 | 2023-09-01 | $0.22 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-14 | 2023-05-16 | $0.22 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-14 | 2023-03-09 | $0.22 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-13 | 2022-12-06 | $0.22 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-14 | 2022-09-01 | $0.22 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-05-17 | $0.22 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-10 | $0.22 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-14 | 2021-12-07 | $0.22 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-08-19 | $0.22 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-05-20 | $0.22 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-11 | $0.22 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-08 | $0.21 | Quarterly |
| 2020-09-29 | 2020-09-30 | 2020-10-15 | 2020-09-11 | $0.21 | Quarterly |
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).
Recent news — COLD
Americold Realty Trust, Inc. Sets Date for Second Quarter 2026 Earnings Release and Conference Call
Americold: The High-Yield Re-Rating Story Isn't Over
Americold Realty Trust: A Chilly Upside For Cold-Storage REIT That Grew Globally
DP World, Americold Unveil New Cold Storage Facility at Port Saint John
Americold Opens Integrated Cold Chain Facility at Port Saint John, One of North America's Fastest-Growing Trade Gateways
Anti-AI Investing: The HALO Moat
Americold Launches “Fit for Purpose” Initiative, Advancing Strategic Priorities With Targeted Incremental Annual Overhead Savings of More Than $25 Million
Americold: Tide Is Turning On This High Yield (Rating Downgrade)
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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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.