AMERICOLD REALTY TRUST
Business
Americold Realty Trust operates as a self-administered, self-managed REIT providing temperature-controlled warehouse storage, handling services, and transportation logistics for frozen and perishable food products globally. The company owns or leases 231 warehouses encompassing 1.4 billion cubic feet across North America, Europe, Asia-Pacific, and South America, serving 2,962 customers including producers, processors, distributors, and retailers. Operations are organized into three reportable segments: Warehouse (storage and handling), Transportation (brokerage and management), and Third-Party Managed (warehouse management services for customer-owned facilities). The business model emphasizes mission-critical cold-chain solutions across production, distribution, retail, and port-oriented nodes.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 2,602 | 2,667 | 2,673 | 2,915 | 2,715 | |
| Cost of operations | 1,762 | 1,820 | 1,903 | 2,219 | — | |
| Depreciation and amortization | 367 | 361 | 354 | 331 | 320 | |
| Selling, general, and administrative | 269 | 255 | 227 | 231 | 182 | |
| Acquisition, cyber incident, and other, net | 104 | 77 | 64 | — | — | |
| Impairment of indefinite and long-lived assets | 47 | 33 | 237 | 7 | 3 | |
| Net loss (gain) from sale of real estate | 44 | −4 | −2 | 6 | 0 | |
| Total operating expenses | 2,595 | 2,543 | 2,782 | 2,827 | 2,642 | |
| Operating income (loss) | 7 | 124 | −108 | 88 | 73 | |
| Interest expense | −148 | −135 | −140 | −116 | — | |
| Loss on debt extinguishment and termination of derivative instruments | 0 | −116 | −2 | −3 | −6 | |
| Loss from investments in partially owned entities | −2 | −4 | −1 | −918,000 | −723,000 | |
| Other, net | 7 | 28 | 3 | 2 | 2 | |
| Loss on put option | 0 | 0 | −57 | 0 | 0 | |
| Loss from continuing operations before income taxes | −136 | −103 | −328 | −30 | −31 | |
| Current income tax | −6 | −5 | −9 | −4 | −8 | |
| Deferred income tax | 27 | 13 | 11 | 23 | 9 | |
| Total income tax benefit | 20 | 8 | 2 | 19 | 2 | |
| Net loss from continuing operations | −115 | −95 | −326 | −11 | −29 | |
| Loss from discontinued operations, net of tax | 0 | 0 | −10 | −8 | −1 | |
| Net loss | −115 | −95 | −336 | −19 | −30 | |
| Net loss attributable to noncontrolling interests | −734,000 | −436,000 | −54,000 | −34,000 | 146,000 | |
| Net loss attributable to Americold Realty Trust, Inc. | −115 | −94 | −336 | −19 | −30 | |
| Weighted average common stock outstanding basic (in shares) | 286 | 285 | 276 | 270 | 259 | |
| Weighted average common stock outstanding diluted (in shares) | 286 | 285 | 276 | 270 | 259 | |
| Net loss per common share from continuing operations - basic (in USD per share) | −0.4 | −0.33 | −1.18 | −0.04 | −0.11 | |
| Net loss per common share from discontinued operations - basic (in USD per share) | 0 | 0 | −0.04 | −0.03 | 0 | |
| Basic loss per share (in USD per share) | −0.4 | −0.33 | −1.22 | −0.07 | −0.12 | |
| Net loss per common share from continuing operations - diluted (in USD per share) | −0.4 | −0.33 | −1.18 | −0.04 | −0.11 | |
| Net loss per common share from discontinued operations - diluted (in USD per share) | 0 | 0 | −0.04 | −0.03 | 0 | |
| Diluted loss per share (in USD per share) | −0.4 | −0.33 | −1.22 | −0.07 | −0.12 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Property, plant and equipment, gross | 7,986 | 7,474 | 7,303 | 6,967 | 6,763 | |
| Accumulated depreciation | −2,641 | −2,454 | −2,196 | −1,901 | −1,635 | |
| Property, buildings, and equipment net | 5,345 | 5,021 | 5,107 | 5,066 | 5,128 | |
| Operating leases - net | 180 | 222 | 247 | 276 | 320 | |
| Financing leases - net | 158 | 104 | 105 | 83 | 102 | |
| Cash, cash equivalents, and restricted cash | 137 | 48 | 60 | 53 | — | |
| Accounts receivable - net of allowance of $16,396 and $24,426 at December 31, 2025 and 2024, respectively | 369 | 387 | 426 | 430 | 380 | |
| Identifiable intangible assets net | 819 | 839 | 897 | 925 | 981 | |
| Goodwill | 828 | 784 | 794 | 1,034 | 1,073 | |
| Investments in and advances to partially owned entities | 39 | 40 | 38 | 79 | 37 | |
| Other assets | 246 | 291 | 194 | 159 | 112 | |
| Total assets | 8,122 | 7,736 | 7,869 | 8,105 | 8,216 | |
| Borrowings under revolving line of credit | 332 | 255 | 392 | 500 | 399 | |
| Accounts payable and accrued expenses | 574 | 603 | 569 | 558 | 559 | |
| Senior unsecured notes and term loans - net of deferred financing costs of $16,001 and $13,882 at December 31, 2025 and 2024, respectively | 3,792 | 3,031 | 2,601 | 2,569 | 2,444 | |
| Sale-leaseback financing obligations | 42 | 79 | 162 | 171 | 179 | |
| Financing lease obligations | 152 | 96 | 97 | 78 | 98 | |
| Operating lease obligations | 180 | 219 | 240 | 265 | 302 | |
| Unearned revenues | 20 | 22 | 28 | 32 | 26 | |
| Deferred tax liability - net | 99 | 116 | 136 | 135 | 169 | |
| Other liabilities | 8 | 7 | 9 | — | — | |
| Total liabilities | 5,200 | 4,429 | 4,235 | 4,317 | 4,187 | |
| Commitments and contingencies (Note 17 - Commitments and Contingencies) | — | — | — | — | — | |
| Common stock, $0.01 par value per share 500,000,000 authorized shares; 284,871,943 and 284,265,041 shares issued and outstanding at December 31, 2025 and 2024, respectively | 3 | 3 | 3 | 3 | 3 | |
| Paid-in capital | 5,664 | 5,647 | 5,626 | 5,192 | 5,172 | |
| Accumulated deficit and distributions in excess of net earnings | −2,719 | −2,342 | −1,996 | −1,415 | −1,158 | |
| Accumulated other comprehensive loss | −63 | −27 | −17 | −6 | 5 | |
| Total stockholders equity | 2,884 | 3,281 | 3,616 | 3,773 | 4,021 | |
| Noncontrolling interests | 38 | 26 | 18 | 14 | 8 | |
| Total equity | 2,922 | 3,307 | 3,635 | 3,788 | 4,029 | |
| Total liabilities and equity | 8,122 | 7,736 | 7,869 | 8,105 | 8,216 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of deferred financing costs and pension withdrawal liability | 6 | 5 | 5 | 5 | 4 | |
| Project Orion and other software related deferred costs amortization | 17 | 4 | 0 | — | — | |
| Loss on debt extinguishment and termination of derivative instruments | 0 | 116 | 2 | — | — | |
| Gain from sale of partially owned entity | −2 | 0 | 0 | — | — | |
| Loss from investments in partially owned entities | 2 | 4 | 6 | 9 | — | |
| Stock-based compensation expense | 30 | 28 | 24 | 27 | 24 | |
| Provision for doubtful accounts receivable | 5 | 8 | 6 | 7 | 6 | |
| Impairment of indefinite and long-lived assets | 47 | 33 | 237 | — | — | |
| Impairment of related party loan receivable | 0 | 0 | 22 | 0 | — | |
| Loss on classification of Comfrio as held for sale | 0 | 0 | 5 | 0 | 0 | |
| Non-cash operating lease expenses | 38 | 43 | 43 | 52 | 59 | |
| Net loss (gain) from sale of real estate | 44 | −4 | −2 | — | — | |
| Accounts receivable | 21 | 23 | −3 | −69 | −60 | |
| Accounts payable and accrued expenses | −17 | 17 | 24 | 13 | −8 | |
| Other assets | −22 | −67 | −50 | −25 | −12 | |
| Operating lease liabilities | −37 | −40 | −38 | −34 | −36 | |
| Proceeds from settlement of treasury lock hedge transactions | 1 | 0 | 0 | — | — | |
| Other, net | 1 | −11 | 22 | 13 | 4 | |
| Net cash provided by operating activities | 360 | 412 | 366 | 300 | 273 | |
| Additions to property, buildings and equipment | −577 | −309 | −264 | −308 | −438 | |
| Business combinations, net of cash acquired | −108 | 0 | −47 | −16 | −741 | |
| Acquisitions of property, buildings, equipment, and other assets, net of cash acquired | 0 | 0 | −66 | −15 | −54 | |
| Investments in and advances to partially owned entities and other, net | −25 | −13 | −21 | −14 | −8 | |
| Net payments for sale of business (discontinued operations) | 0 | 0 | −5 | 0 | 0 | |
| Proceeds from sale of property, buildings, and equipment | 26 | 9 | 8 | 5 | 959,000 | |
| Proceeds from sale of investments in partially owned entities | 27 | 0 | 37 | — | — | |
| Payment for foreign currency exchange forwards settlement | −1 | 0 | 0 | — | — | |
| Net cash used in investing activities | −658 | −313 | −357 | −348 | −1,239 | |
| Distributions paid on common stock, restricted stock units and noncontrolling interests in OP | −261 | −252 | −242 | −239 | −228 | |
| Proceeds from stock options exercised | 3 | 3 | 3 | 4 | 6 | |
| Proceeds from employee stock purchase plan | 2 | 3 | 3 | 4 | 2 | |
| Remittance of withholding taxes related to employee stock-based transactions | −3 | −4 | −3 | −8 | −17 | |
| Proceeds from revolving line of credit | 627 | 827 | 716 | 529 | 811 | |
| Repayment on revolving line of credit | −572 | −942 | −833 | −414 | −405 | |
| Repayment of sale-leaseback financing obligations | −4 | −7 | −18 | −8 | −7 | |
| Termination of sale-leaseback financing obligations | −15 | −191 | 0 | — | — | |
| Repayment of financing lease obligations | −38 | −38 | −39 | −34 | −32 | |
| Payment of debt issuance costs | −5 | −6 | 0 | −12 | −4 | |
| Proceeds from public senior unsecured notes offering | 400 | 500 | 0 | 0 | — | |
| Proceeds from senior unsecured term loans | 250 | 0 | 0 | 470 | 50 | |
| Net proceeds from issuance of common stock | 0 | 0 | 413 | 0 | 474 | |
| Net cash provided by (used in) financing activities | 383 | −107 | −285,000 | 23 | 431 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 85 | −8 | 9 | −25 | −535 | |
| Effect of foreign currency translation on cash, cash equivalents and restricted cash | 4 | −5 | −1 | −5 | −3 | |
| Addition of property, buildings and equipment on accrual | 41 | 33 | 34 | 49 | 53 | |
| Operating leases | 25 | 11 | 6 | 8 | 51 | |
| Finance leases | 95 | 39 | 59 | 19 | 25 | |
| Interest paid net of amounts capitalized | 138 | 122 | 135 | 118 | 88 | |
| Income taxes paid net of refunds | 6 | 7 | 6 | 8 | 11 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is AMERICOLD REALTY TRUST's CIK number?
AMERICOLD REALTY TRUST's SEC CIK number is 0001455863 (1455863). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find AMERICOLD REALTY TRUST's SEC filings?
All of AMERICOLD REALTY TRUST's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did AMERICOLD REALTY TRUST last report earnings?
AMERICOLD REALTY TRUST (COLD) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-031656). This is AMERICOLD REALTY TRUST's most recent earnings filing of record — not a forecast of its next earnings date.
What is AMERICOLD REALTY TRUST's most recent earnings 8-K?
AMERICOLD REALTY TRUST's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001628280-26-031656. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View AMERICOLD REALTY TRUST's latest earnings 8-K →
Look up any company's CIK number →