AMERICOLD REALTY TRUST

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $48.9m $208.1m $234.3m $60.4m $47.7m $136.9m
Accounts Receivable $200.0m $194.3m $214.8m $324.2m $380.0m $430.0m $426.0m $386.9m $368.5m
Restricted Cash and Cash Equivalents $21.1m $6.0m $6.3m $11.5m
Accounts Receivable, after Allowance for Credit Loss $200.0m $194.3m $214.8m $324.2m $380.0m $430.0m $426.0m $386.9m $368.5m
Cash, cash equivalents, and restricted cash $48.9m $208.1m $234.3m $621.1m $53.1m $60.4m $47.7m $136.9m
Accounts receivable - net of allowance of $16,396 and $24,426 at December 31, 2025 and 2024, respectively $200.0m $194.3m $214.8m $324.2m $380.0m $430.0m $426.0m $386.9m $368.5m
Inventory, Net $10.4m $7.9m $9.4m $21.5m $27.0m $29.3m $30.7m $7.4m $6.8m
Property, Plant and Equipment, Net $1.8b $1.8b $88.0m $169.9m $5.1b $5.1b $5.1b $5.0b $5.3b
Goodwill $188.2m $186.1m $318.5m $794.3m $1.1b $1.0b $794.0m $784.0m $828.3m
Intangible Assets, Net (Excluding Goodwill) $26.6m $25.1m $284.8m $797.4m $981.0m $925.2m $897.4m $838.7m $819.5m
Identifiable intangible assets – net $26.6m $25.1m $284.8m $797.4m $981.0m $925.2m $897.4m $838.7m $819.5m
Operating Lease, Right-of-Use Asset $59.6m $267.3m $320.1m $276.2m $247.3m $222.3m $179.9m
Other assets $59.3m $58.7m $61.4m $86.4m $112.1m $158.7m $194.1m $291.2m $246.1m
Additional Financial Items
Temporary Equity, Carrying Amount, Attributable to Parent $372.8m $0
Accumulated depreciation ($1.2b) ($1.4b) ($1.6b) ($1.9b) ($69.8m) ($2.5b) ($2.6b)
Operating leases - net $0 $59.6m $267.3m $320.1m $276.2m $247.3m $222.3m $179.9m
Financing leases - net $58.3m $129.0m $101.7m $82.9m $105.2m $104.2m $157.9m
Investments in and advances to partially owned entities $37.5m $78.9m $38.1m $40.3m $39.2m
Borrowings under revolving line of credit $0 $0 $0 $0 $399.3m $500.1m $392.2m $255.1m $332.1m
Senior unsecured notes and term loans - net of deferred financing costs of $16,001 and $13,882 at December 31, 2025 and 2024, respectively $1.7b $1.4b $1.7b $2.6b $2.4b $2.6b $2.6b $3.0b $3.8b
Sale-leaseback financing obligations $121.5m $118.9m $115.8m $185.1m $178.8m $171.1m $161.9m $79.0m $42.4m
Financing lease obligations $40.8m $58.2m $125.9m $97.6m $77.6m $97.2m $95.8m $152.3m
Operating lease obligations $62.3m $269.1m $301.8m $264.6m $240.3m $219.1m $180.0m
Other liabilities $9.1m $7.4m $8.0m
Total stockholders’ equity ($186.9m) $706.8m $1.8b $3.8b $4.0b $3.8b $3.6b $3.3b $2.9b
Total equity $1.8b $3.8b $4.0b $3.8b $3.6b $3.3b $2.9b
Assets $2.4b $2.5b $4.2b $7.8b $8.2b $8.1b $7.9b $7.7b $8.1b
Total assets $2.4b $2.5b $4.2b $7.8b $8.2b $8.1b $7.9b $7.7b $8.1b
LIABILITIES AND EQUITY
Dividends Payable $0 $28.5m $39.8m $56.2m $60.6m $60.4m $63.6m $64.0m $67.6m
Accounts payable and accrued expenses $241.3m $253.1m $351.0m $552.5m $559.4m $557.5m $568.8m $603.4m $574.1m
Unearned revenues $18.8m $18.6m $16.4m $19.2m $26.1m $32.0m $28.4m $22.0m $20.2m
Deferred Income Tax Liabilities, Net $21.9m $18.0m $17.1m $220.5m $169.2m $135.1m $135.8m $115.8m $98.6m
Long-term Debt $2.6b
Deferred tax liability - net $21.9m $18.0m $17.1m $220.5m $169.2m $135.1m $135.8m $115.8m $98.6m
Deferred Tax Liabilities, Net $20.6m $17.2m $16.7m $219.7m $168.7m $134.1m $135.3m $115.6m $98.1m
Liabilities:
Liabilities $2.2b $1.8b $2.3b $4.0b $4.2b $4.3b $4.2b $4.4b $5.2b
Total liabilities $2.2b $1.8b $2.3b $4.0b $4.2b $4.3b $4.2b $4.4b $5.2b
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0
Common Stock, Value, Issued $694k $1.5m $1.9m $2.5m $2.7m $2.7m $2.8m $2.8m $2.8m
Additional Paid in Capital $394.1m $1.4b $2.6b $4.7b $5.2b $5.2b $5.6b $5.6b $5.7b
Retained Earnings (Accumulated Deficit) ($581.5m) ($638.3m) ($736.9m) ($895.5m) ($1.2b) ($1.4b) ($2.0b) ($2.3b) ($2.7b)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($230k) ($12.5m) ($14.1m) ($4.4m) $4.5m ($6.0m) ($16.6m) ($27.3m) ($63.2m)
Accumulated deficit and distributions in excess of net earnings ($581.5m) ($638.3m) ($736.9m) ($895.5m) ($1.2b) ($1.4b) ($2.0b) ($2.3b) ($2.7b)
Accumulated other comprehensive loss ($230k) ($12.5m) ($14.1m) ($4.4m) $4.5m ($6.0m) ($16.6m) ($27.3m) ($63.2m)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $13.1m $14.1m $11.0m $9.6m $1.2m $3.3m
Stockholders' Equity Attributable to Parent ($186.9m) $706.8m $1.8b $3.8b $4.0b $3.8b $3.6b $3.3b $2.9b
Stockholders' Equity Attributable to Noncontrolling Interest $2.4m $8.1m $14.5m $18.5m $26.2m $37.6m
Noncontrolling interests $0 $2.4m $8.1m $14.5m $18.5m $26.2m $37.6m
Liabilities and Equity $2.4b $2.5b $4.2b $7.8b $8.2b $8.1b $7.9b $7.7b $8.1b
Total liabilities and equity $2.4b $2.5b $4.2b $7.8b $8.2b $8.1b $7.9b $7.7b $8.1b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.