Inferra AI / Company / COLD

Americold Realty Trust

COLD · Real Estate

Last earnings Aug 6, 2026

Key results

Total revenuequarter

$663.7 million

Third Quarter 2025 Highlights Total revenues of $663.7 million, a 1.6% decrease from $674.2 million in Q3 2024 and a decrease of 1.5% on a constant currency basis.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Revenuequarter

1.6%

Global Warehouse segment same store revenues decreased 1.6% on an actual basis and decreased 1.5% on a constant currency basis as compared to Q3 2024.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Third Quarter 2025 Total Company Financial Results Total revenues for the third quarter of 2025 were $663.7 million, a 1.6% decrease from $674.2 million in the same quarter of the prior year, primarily due to lower volumes in the warehouse segment and a decrease in transportation revenue.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

(n a not applicable) (n r not relevant) Warehouse Results For the third quarter of 2025, Global Warehouse segment revenues were $607.0 million, a decrease of $5.2 million, or 0.8% on both an actual and constant currency basis, compared to $612.2 million for the third quarter of 2024.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

revenues were derived from customers with fixed commitment rent and storage contracts compared to $617.4 million at the end of the second quarter of 2025 and $623.8 million at the end of the third quarter of 2024.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

revenues were $607.0 million, a decrease of $5.2 million, or 0.8% on both an actual and constant currency basis, compared to $612.2 million for the third quarter of 2024.

SEC original ↗Americold Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Nov 6, 2025

AI analysis

Q3 2025 · reported Nov 6, 2025

Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held

Total revenue · Q3 2025

$663.7M

EX-99 · Nov 6, 2025

Headline figures

Metric	Q3 2025	Prior qtr	Year ago
Total revenue	$663.7 million	—	—
Revenue	1.6%	—	—

EX-99 · Nov 6, 2025

Guidance · company-stated

Direction: Raised

Revenue

“htm EX-99.1 Document Exhibit 99.1 AMERICOLD ANNOUNCES THIRD QUARTER 2025 RESULTS Total Revenue Increased 2% Sequentially Delivered $0.35 AFFO Per Share Reiterated 2025 Full-Year Outlook Atlanta, GA, November 6, 2025 - Americold Realty Trust, Inc.”

Company outlook — Reiterated

“2025 Outlook The table below includes the details of our reaffirmed annual guidance.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend5%

Balance Sheet Activity and Liquidity As of September 30, 2025, the Company had total liquidity of approximately $798.9 million, including cash and available capacity on its revolving credit facility.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

AMERICOLD ANNOUNCES THIRD QUARTER 2025 RESULTS

Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “htm EX-99.1 Document Exhibit 99.1 AMERICOLD ANNOUNCES THIRD QUARTER 2025 RESULTS Total Revenue Increased 2% Sequentially Delivered $0.35 AFFO Per Share Reiterated 2025 Full-Year Outlook Atlanta, GA, November 6, 2025 - Americold Realty Trust, Inc.”

Revenue — Raised (“Increased”)
“htm EX-99.1 Document Exhibit 99.1 AMERICOLD ANNOUNCES THIRD QUARTER 2025 RESULTS Total Revenue Increased 2% Sequentially Delivered $0.35 AFFO Per Share Reiterated 2025 Full-Year Outlook Atlanta, GA, November 6, 2025 - Americold Realty Trust, Inc.”

Company outlook — Reiterated (“reaffirmed”)
“2025 Outlook The table below includes the details of our reaffirmed annual guidance.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Balance Sheet Activity and Liquidity As of September 30, 2025, the Company had total liquidity of approximately $798.9 million, including cash and available capacity on its revolving credit facility.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Total net debt outstanding was approximately $4.1 billion (inclusive of approximately $207.9 million of financing leases sale lease-backs and exclusive of unamortized deferred financing fees), of which 95.0% was in an unsecured structure.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

At quarter end, net debt to pro forma Core EBITDA (based on trailing twelve months pro forma Core EBITDA) was approximately 6.7x.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

The Company s unsecured debt has a remaining weighted average term of 4.6 years, inclusive of extensions that the Company is expected to utilize, and carries a weighted average contractual interest rate of 4.0%.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

As of September 30, 2025, approximately 91.2% of the Company s total debt outstanding was at a fixed rate, inclusive of hedged variable-rate for fixed-rate debt.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Dividend On September 3, 2025, the Company s Board of Directors declared a 5% increase in the dividend, as compared to the prior year, to $0.23 per share for the third quarter of 2025, which was paid on October 15, 2025 to common stockholders of record as of September 30, 2025.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Strategy & priorities

(NYSE COLD) (the Company ), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the third quarter ended September 30, 2025.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Rob Chambers, Chief Executive Officer of Americold Realty Trust, stated, Over the past two months as CEO of Americold, I ve had the opportunity to visit several of our geographic regions both domestically and internationally, connecting with our teams and reinforcing our shared values and operating priorities.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

In additional to connecting with our associates around the world, I ve also spent considerable time engaging with our major customers and strategic partners.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

We are also exploring ways to further leverage our partnerships and evaluate adjacent categories to strategically drive occupancy throughout our network.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

(2) As of September 30, 2025, the non-same store facility count consists of 4 sites that are in the recently completed expansion and development phase, 3 facilities where the executive leadership team has approved exits in the current year (2 of which are leased facilities and 1 of which is an owned facility and the Company is in pursuit to sell), 1 facility that we purchased in 2025, and 1 recently leased warehouse in Australia.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Risks & headwinds

This focus and dedication has been instrumental in navigating through the current market conditions and allowed us to deliver third-quarter AFFO of $0.35 per share, in-line with expectations, despite the ongoing industry headwinds.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Forward-looking statements involve risks and uncertainties that may cause our actual results to differ materially from the expectations of future results we express or imply in any forward-looking statements, and you should not place undue reliance on such statements.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Other risks, uncertainties and factors, including those discussed under Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports filed with the Securities and Exchange Commission, could cause our actual results to differ materially from those projected in any forward-looking statements we make.

SEC original ↗Americold Realty Trust — Earnings release (8-K exhibit)EX-99Nov 6, 2025

Examples of forward-looking statements included in this presentation include, among others, statements about our expected expansion and development pipeline and our targeted return on invested capital on expansion and development opportunities and statements about industry-wide headwinds.

SEC original ↗Americold Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Nov 6, 2025

Other risks, uncertainties and factors, including those discussed under Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2024, and our other reports filed with the Securities and Exchange Commission, could cause our actual results to differ materially from those projected in any forward-looking statements we make.

SEC original ↗Americold Realty Trust — Presentation / slide deck (8-K exhibit)EX-99Nov 6, 2025

Documents

Earnings deck slides

0 decks with slide view

Americold Realty Trust — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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