COLDNYSEReal Estate Investment TrustsFiscal year ends December 31
AMERICOLD REALTY TRUST
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$13.72−0.10 (-0.72%)
Close on Oct 19, 2026
- Market cap
- $3.94B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2015 to 2025
Gross margin
32.3%
Operating margin
0.3%−8.2 pts over 5 years
Net margin
-4.4%−5.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.4% | -3.7% | +5.5% | – | |
| Gross profit | -0.9% | +6.4% | – | – | |
| Operating income | -94.2% | -56.5% | -46.7% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -3.8% | 0.9% | -3.7% | |
| Return on assets | – | 0.4% | -1.4% | |
| Interest coverage | 1.1× | 1.8× | 0.0× | |
| Inventory turnover | – | – | 247.2× | |
| Capex to revenue | 5.0% | 19.0% | 22.2% | |
| Diluted shares | 70M | 207M | 286M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Americold Realty Trust generated $1.71B from operations and spent $3.12B on capital expenditure, dividends and share buybacks. 61% of that went back into the business.
Generated
$1.71B
Used
$3.12B
Capital expenditure$1.90B61%Dividends$1.22B39%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-4.4%
×Asset turnover0.33×
×Equity multiplier2.57×
=Return on equity, FY2025-3.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -4.4% | 0.33× | 2.57× | -3.7% |
| FY2024 | -3.5% | 0.34× | 2.26× | -2.7% |
| FY2023 | -12.6% | 0.33× | 2.16× | -9.1% |
| FY2022 | -0.7% | 0.36× | 2.09× | -0.5% |
| FY2021 | -1.1% | 0.34× | 2.05× | -0.8% |
| FY2020 | 1.2% | 0.33× | 2.13× | 0.9% |
| FY2019 | 2.7% | 0.53× | 2.64× | 3.8% |
| FY2018 | 3.0% | 0.65× | 9.48× | 18.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$114.55M
- Cash generatingOperating cash flow above zero$359.64M
- Return on assets improvedROA up on the prior year-1.2% → -1.5%
- Earnings backed by cashOperating cash flow above net income$359.64M vs -$114.55M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise285M → 286M
- Gross margin improvedGross margin up on the prior year31.75% → 32.26%
- More efficientAsset turnover rose0.34 → 0.34