COLD (Americold Realty Trust) Debt-to-EBITDA : 10.09 (As of Mar. 2026) — 16% Above Median


COLD Americold Realty Trust Inc COLD
63 GF Score
Price $15.51
GF Value $21.73
Valuation Modestly Undervalued
! 13 Warning Signs
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What is Americold Realty Trust Debt-to-EBITDA?

Americold Realty Trust COLD -1.34% 63 Debt-to-EBITDA is 10.09 as of Mar. 2026, which is 16% above its 10-year median of 8.69. GuruFocus rates COLD with a GF Score™ of 63/100 and a GF Value™ of $21.73 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 580 REITs companies, Americold Realty Trust ranks worse than 84.48% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Americold Realty Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $606 Mil. Americold Realty Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,949 Mil. Americold Realty Trust's annualized EBITDA for the quarter that ended in Mar. 2026 was $452 Mil. Americold Realty Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 10.08.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Americold Realty Trust's Debt-to-EBITDA or its related term are showing as below:

COLD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.91   Med: 8.69   Max: 21.07
Current: 11.95

During the past 13 years, the highest Debt-to-EBITDA Ratio of Americold Realty Trust was 21.07. The lowest was 5.91. And the median was 8.69.

COLD's Debt-to-EBITDA is ranked worse than
84.48% of 580 companies
in the REITs industry
Industry Median: 6.495 vs COLD: 11.95

Americold Realty Trust  (NYSE:COLD) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Americold Realty Trust Debt-to-EBITDA Related Terms


Americold Realty Trust Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Americold Realty Trust's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Americold Realty Trust Debt-to-EBITDA Chart

Americold Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.81 8.58 21.07 9.37 11.86

Americold Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.87 7.88 10.28 36.85 10.09

COLD vs NSA, LXP, TRNO: Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, Americold Realty Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Americold Realty Trust Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Americold Realty Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Americold Realty Trust's Debt-to-EBITDA falls into.


COLD
63GF Score
Americold Realty Trust Inc COLD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Americold Realty Trust Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Americold Realty Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(332.111 + 4166.702) / 379.405
=11.86

Americold Realty Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(606.154 + 3949.027) / 451.684
=10.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.09 mean?
Americold Realty Trust (COLD) has a Debt-to-EBITDA of 10.09 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Americold Realty Trust. This is 16% above median its historical median of 8.69. Over the past decade, Americold Realty Trust's Debt-to-EBITDA has ranged from 5.91 to 21.07. According to the industry distribution chart, Americold Realty Trust ranks #490 out of 580 companies in the REITs industry, placing it in the top 84.5%.
Is Americold Realty Trust's Debt-to-EBITDA too high?
Americold Realty Trust's current Debt-to-EBITDA of 10.09 is 16% above median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 5.91 to a high of 21.07. The REITs industry median Debt-to-EBITDA is 6.50. Americold Realty Trust's value of 10.09 is 55.4% above this industry median. Based on the distribution chart, Americold Realty Trust ranks #490 out of 580 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Americold Realty Trust has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Americold Realty Trust's Debt-to-EBITDA compare to NSA and LXP?
According to the REITs industry distribution chart, Americold Realty Trust ranks #490 out of 580 companies for Debt-to-EBITDA. This places Americold Realty Trust in the lower half of its industry. The industry median Debt-to-EBITDA is 6.50. Americold Realty Trust's value of 10.09 is 55.4% above this benchmark. Historically, Americold Realty Trust's own Debt-to-EBITDA has ranged from 5.91 to 21.07 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 6.50, Americold Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.50, based on 580 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Americold Realty Trust's current Debt-to-EBITDA of 10.09 is 55.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Americold Realty Trust. For the REITs industry, the median Debt-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Americold Realty Trust's current Debt-to-EBITDA is 10.09, which is 16% above median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americold Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Americold Realty Trust (COLD) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.73, compared to a current price of $15.51 — trading 28.6% below its estimated fair value. The current Debt-to-EBITDA is 10.09, which is 16% above median its 10-year median of 8.69 and 55.4% above the REITs industry median of 6.50. Americold Realty Trust's overall GF Score™ is 63/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Americold Realty Trust (COLD), the current Debt-to-EBITDA is 10.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Americold Realty Trust (COLD) Overvalued in 2026?

Based on GuruFocus' analysis, Americold Realty Trust stock appears to be undervalued. The current stock price of $15.51 is trading 28.6% below its estimated GF Value™ of $21.73. GuruFocus considers Americold Realty Trust to be Modestly Undervalued.

Key valuation signals for COLD:

  • Debt-to-EBITDA: 10.09 (16% above median its 10-year median of 8.69)
  • GF Value™: $21.73 vs. price of $15.51 (28.6% below fair value)
  • GF Score™: 63/100 with 13 warning signs
  • Industry Position: 55.4% above the REITs median (#490 of 580)

No single metric tells the full story. See the COLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Americold Realty Trust Business Description

Industry Real EstateREITs
Address 10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, USA, 30328
Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 231 temperature-controlled warehouses, spanning 1.4 billion cubic feet. In 2022, the firm derived more than 80% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.
63GF Score

Get the complete analysis for COLD

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.51
Price
$21.73
GF Value