Market Summary
USD32.05+0.40
Delayedas of 22 Sep 2023, 10:44 am1.26%
COLD Stock Price
COLD RSI Chart
COLD Valuation
COLD Price/Sales (Trailing)
COLD Profitability
COLD Fundamentals
COLD Revenue
COLD Earnings
Price Action
52 Week Range
21.4933.90
(Low)(High)
Last 7 days
-3.1%
Last 30 days
-1.8%
Last 90 days
2.5%
Trailing 12 Months
18.0%
COLD Financial Health
COLD Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for COLD
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-16 | BARRETT KELLY HEFNER | acquired | 139,875 | 29.08 | 4,810 | - |
2023-03-08 | NOVOSEL THOMAS C | sold (taxes) | -41,358 | 29.69 | -1,393 | see remarks |
2023-03-08 | NOVOSEL THOMAS C | acquired | - | - | 4,096 | see remarks |
2023-03-08 | Winnall Richard Charles | acquired | - | - | 3,277 | see remarks |
2023-01-08 | Winnall Richard Charles | acquired | - | - | 2,637 | see remarks |
2022-12-28 | Smernoff Marc | acquired | - | - | 7,309 | evp & cfo |
2022-12-27 | NOVOSEL THOMAS C | sold (taxes) | -51,411 | 28.53 | -1,802 | see remarks |
2022-12-27 | Snyder James C JR | acquired | - | - | 3,463 | evp & chief legal officer |
2022-12-27 | Snyder James C JR | sold (taxes) | -44,563 | 28.53 | -1,562 | evp & chief legal officer |
2022-12-27 | Smernoff Marc | sold (taxes) | -94,063 | 28.53 | -3,297 | evp & cfo |
Which funds bought or sold COLD recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 2.1 | 4,528 | 32,978 | 0.01% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 19.96 | 139,664 | 517,664 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 58.24 | 1,793,760 | 4,045,580 | 0.04% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 2.67 | 230,476 | 1,621,520 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.66 | 1,008,470 | 10,604,100 | 0.01% |
2023-08-21 | VisionPoint Advisory Group, LLC | new | - | 16,958 | 16,958 | 0.01% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 288 | 288 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 2.56 | 10,520,600 | 74,494,600 | 0.03% |
2023-08-15 | Castleview Partners, LLC | new | - | 1,421 | 1,421 | -% |
2023-08-15 | LAZARD ASSET MANAGEMENT LLC | unchanged | - | 12,000 | 99,000 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Americold Realty Trust
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | norges bank | 5.80% | 15,612,387 | SC 13G/A | |
| Feb 14, 2023 | cohen & steers, inc. | 16.72% | 45,041,655 | SC 13G/A | |
| Feb 13, 2023 | capital research global investors | 6.0% | 16,235,587 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 14.12% | 38,047,085 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.7% | 17,985,250 | SC 13G/A | |
| Jan 12, 2023 | apg asset management us inc. | 6.7% | 18,050,756 | SC 13G/A | |
| Aug 24, 2022 | norges bank | 5.06% | 13,628,899 | SC 13G | |
| Feb 14, 2022 | cohen & steers, inc. | 13.59% | 36,254,104 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 14.03% | 37,433,584 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 7.2% | 19,323,292 | SC 13G/A |
Recent SEC filings of Americold Realty Trust
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 08, 2023 | 8-K | Current Report | |
| Sep 07, 2023 | 3 | Insider Trading | |
| Aug 30, 2023 | 4 | Insider Trading | |
| Aug 30, 2023 | 3 | Insider Trading | |
| Aug 28, 2023 | 8-K | Current Report | |
| Aug 16, 2023 | UPLOAD | UPLOAD | |
| Aug 11, 2023 | CORRESP | CORRESP | |
| Aug 04, 2023 | UPLOAD | UPLOAD | |
| Aug 03, 2023 | 8-K | Current Report | |
| Aug 03, 2023 | 10-Q | Quarterly Report |
Peers (Alternatives to Americold Realty Trust)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
PSA | 48.1B | 4.4B | -0.64% | -17.74% | 11.24 | 10.95 | 14.80% | 87.79% |
DLR | 37.1B | 5.1B | 0.18% | 16.53% | 86.68 | 7.23 | 13.73% | -68.04% |
EQR | 23.1B | 2.0B | -3.50% | -10.37% | 27.75 | 11.47 | -22.97% | -33.54% |
ARE | 20.0B | 2.7B | -10.04% | -26.51% | 26.64 | 7.46 | 15.16% | 88.51% |
KIM | 11.1B | 1.8B | -3.28% | -9.24% | 27.53 | 6.33 | 6.75% | -42.80% |
| MID-CAP | ||||||||
FRT | 7.7B | 1.1B | -2.20% | 0.81% | 19.78 | 6.92 | 8.31% | 38.10% |
KRG | 4.8B | 820.5M | 1.11% | 18.25% | 170.48 | 5.83 | 29.95% | 125.56% |
VNO | 4.4B | 1.8B | 8.98% | -6.64% | -11.75 | 2.4 | 5.60% | -286.96% |
MAC | 2.5B | 866.2M | 3.43% | 32.37% | -28.34 | 2.85 | 0.51% | -335.26% |
| SMALL-CAP | ||||||||
SLG | 2.5B | 882.0M | 14.11% | -6.27% | -5.55 | 2.78 | 11.76% | -239.94% |
SKT | 2.4B | 426.3M | -1.62% | 51.64% | 24.98 | 5.55 | 1.38% | 137.97% |
PGRE | 1.0B | 732.3M | - | -27.89% | -12.26 | 1.43 | -0.03% | -4012.90% |
AIV | 1.0B | 339.3M | -10.86% | -15.80% | -5.68 | 2.96 | 88.48% | -168.70% |
Americold Realty Trust News
Returns for COLD
Cumulative Returns on COLD
6.9%
5-Year Cumulative Returns
-1.4%
3-Year Cumulative Returns
Risks for COLD
What is the probability of a big loss on COLD?
55.4%
Probability that Americold Realty Trust stock will be more than 20% underwater in next one year
26.9%
Probability that Americold Realty Trust stock will be more than 30% underwater in next one year.
0%
Probability that Americold Realty Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does COLD drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Americold Realty Trust was unfortunately bought at previous high price.
Drawdowns
Financials for Americold Realty Trust
Income Statement (Last 12 Months)(In Thousands)
| Income Statement (Last 12 Months) | (In Thousands) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -2.8% | 2,805,383 | 2,885,529 | 2,914,735 | 2,909,711 | 2,860,739 | 2,785,690 | 2,714,790 | 2,521,988 | 2,310,638 | 2,138,453 | 1,987,727 | 1,950,033 | 1,918,757 | 1,874,695 | 1,783,705 | 1,713,538 | 1,649,366 | 1,605,573 | 1,603,635 | 1,589,539 | 1,577,030 |
| S&GA Expenses | -1.1% | 233,832 | 236,320 | 231,067 | 219,998 | 208,424 | 194,626 | 182,076 | 172,608 | 163,032 | 152,897 | 144,738 | 138,250 | 134,757 | 135,086 | 129,310 | 123,908 | 118,755 | 113,836 | 110,825 | 98,059 | 107,168 |
| EBITDA | -100.0% | - | 115,403 | 79,851 | 373,100 | 372,285 | 389,283 | 387,162 | 322,088 | 310,996 | 305,074 | 316,294 | 398,102 | 404,776 | 374,211 | 300,761 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.04* | 0.03* | 0.13* | 0.13* | 0.14* | 0.14* | 0.13* | 0.13* | 0.14* | 0.16* | 0.20* | 0.21* | 0.20* | 0.17* | - | - | - | - | - | - |
| Interest Expenses | -4.2% | 133,971 | 139,775 | 118,161 | 105,580 | 100,481 | 100,515 | 87,720 | 90,499 | 88,262 | 84,861 | 82,775 | 92,560 | 94,401 | 95,321 | 68,016 | 85,942 | 83,835 | 82,666 | 85,595 | 99,889 | 106,307 |
| Earnings Before Taxes | -432.7% | -112,319 | -21,084 | -38,310 | -52,794 | -35,407 | -35,004 | -31,878 | -67,759 | -59,648 | -21,365 | 17,628 | 94,062 | 100,985 | 71,112 | 43,005 | 21,785 | 23,658 | 48,953 | 44,366 | 56,579 | 31,758 |
| EBT Margin | 100.0% | - | -0.01* | -0.01* | -0.02* | -0.01* | -0.01* | -0.01* | -0.03* | -0.03* | -0.01* | 0.01* | 0.05* | 0.05* | 0.04* | 0.02* | - | - | - | - | - | - |
| Net Income | -2360.1% | -113,263 | -4,604 | -19,440 | -30,387 | -16,181 | -33,515 | -30,455 | -66,348 | -59,268 | -13,207 | 24,540 | 89,356 | 104,073 | 76,302 | 48,162 | 30,031 | 27,480 | 51,995 | 46,167 | 44,162 | 7,687 |
| Net Income Margin | 100.0% | - | 0.00* | -0.01* | -0.01* | -0.01* | -0.01* | -0.01* | -0.03* | -0.03* | -0.01* | 0.01* | 0.05* | 0.05* | 0.04* | 0.03* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 41,284 | -8,369 | -87,449 | -134,058 | -188,629 | -165,130 | -217,631 | -153,411 | -155,325 | -83,137 | 3,703 | 28,303 | 9,150 | 18,975 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.8% | 8,216 | 8,072 | 8,105 | 8,002 | 8,135 | 8,208 | 8,216 | 8,128 | 7,823 | 7,540 | 7,831 | 4,618 | 4,613 | 4,503 | 4,171 | 4,142 | 4,162 | 2,588 | 2,532 | 2,580 | 2,475 |
| Cash Equivalents | 3.5% | 49.00 | 47.00 | 53.00 | 46.00 | 75.00 | 51.00 | 83.00 | 153 | 316 | 288 | 621 | 181 | 332 | 269 | 241 | 310 | 321 | 173 | 214 | 227 | 153 |
| Net PPE | 0.1% | 5,062 | 5,058 | 5,066 | 4,995 | 5,059 | 5,141 | 5,128 | 4,963 | 4,706 | 4,802 | 53.00 | 3,238 | - | - | 2,933 | - | - | - | - | - | - |
| Goodwill | 0.6% | 1,036 | 1,031 | 1,034 | 1,009 | 3.00 | 1,068 | 1,073 | 67.00 | 1,018 | 800 | 794 | 81.00 | 67.00 | 66.00 | 318 | 126 | - | - | - | - | - |
| Liabilities | 6.3% | 4,626 | 4,350 | 4,317 | 4,179 | 4,236 | 4,237 | 4,187 | 4,112 | 3,957 | 3,832 | 4,038 | 2,509 | 2,482 | 2,483 | 2,338 | 2,304 | 2,307 | 1,907 | 1,826 | 1,849 | 1,833 |
| Shareholder's Equity | -3.9% | 3,575 | 3,721 | 3,773 | 3,810 | 3,900 | 3,971 | 4,029 | 4,015 | 3,866 | 3,708 | 3,793 | 2,109 | 2,131 | 2,021 | 1,833 | 1,839 | 1,856 | 680 | 707 | 731 | 643 |
| Retained Earnings | -11.1% | -1,641 | -1,477 | -1,415 | -1,359 | -1,290 | -1,234 | -1,157 | -1,090 | -1,036 | -965 | -895 | -797 | -767 | -756 | -736 | -718 | -707 | -673 | -638 | -612 | -611 |
| Additional Paid-In Capital | 0.1% | 5,204 | 5,198 | 5,192 | 5,189 | 5,182 | 5,178 | 5,172 | 5,110 | 4,900 | 4,682 | 4,688 | 2,937 | 2,932 | 2,818 | 2,582 | 2,579 | 2,578 | 1,366 | 1,356 | 1,350 | 1,258 |
| Accumulated Depreciation | 3.6% | 2,043 | 1,972 | 1,901 | 1,825 | 1,766 | 1,708 | 1,635 | 1,564 | 1,505 | 1,441 | 1,382 | 1,340 | - | - | 1,217 | - | - | - | - | - | - |
| Shares Outstanding | 0.0% | 270 | 270 | 270 | 269 | 269 | 269 | 268 | 262 | 253 | 253 | 252 | 204 | 202 | 201 | 192 | 192 | 182 | 149 | 148 | 145 | 143 |
| Minority Interest | -7.6% | 15.00 | 16.00 | 14.00 | 13.00 | 12.00 | 10.00 | 8.00 | 6.00 | 5.00 | 3.00 | 2.00 | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -23.4% | 250 | 326 | 300 | 292 | 279 | 242 | 273 | 231 | 257 | 260 | 294 | 311 | 320 | 264 | 236 | 215 | 191 | 191 | 188 | 161 | 157 |
| Share Based Compensation | -10.2% | 23.00 | 26.00 | 27.00 | 31.00 | 29.00 | 27.00 | 24.00 | 19.00 | 20.00 | 19.00 | 18.00 | 18.00 | 18.00 | 17.00 | - | - | - | - | - | - | - |
| Cashflow From Investing | 6.6% | -319 | -341 | -348 | -581 | -992 | -1,189 | -1,239 | -2,582 | -2,244 | -2,034 | -2,249 | -727 | -593 | -1,904 | -1,604 | -1,537 | -1,533 | -156 | -125 | -118 | -114 |
| Cashflow From Financing | 198.8% | 48.00 | 16.00 | 23.00 | 191 | 477 | 713 | 431 | 2,322 | 1,963 | 1,779 | 2,330 | 277 | 282 | 1,740 | 1,395 | 1,376 | 1,480 | -65.37 | 85.00 | 121 | 53.00 |
| Dividend Payments | 0.1% | 239 | 239 | 239 | 239 | 236 | 233 | 228 | 212 | 197 | 183 | 167 | 163 | 158 | 146 | 135 | 125 | 113 | 103 | 77.00 | 59.00 | 37.00 |
COLD Income Statement
2023-06-30Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Revenues: | ||||
| Total revenues | $ 649,610 | $ 729,756 | $ 1,326,099 | $ 1,435,451 |
| Operating expenses: | ||||
| Depreciation and amortization | 84,892 | 82,690 | 169,916 | 165,310 |
| Selling, general and administrative | 53,785 | 56,273 | 116,640 | 113,875 |
| Acquisition, cyber incident and other, net | 27,235 | 5,663 | 34,382 | 15,738 |
| Gain from sale of real estate | (2,528) | 0 | (2,337) | 0 |
| Total operating expenses | 628,943 | 706,091 | 1,273,083 | 1,403,795 |
| Operating income | 20,667 | 23,665 | 53,016 | 31,656 |
| Other (expense) income: | ||||
| Interest expense | (36,431) | (26,545) | (70,854) | (52,318) |
| Loss on debt extinguishment, modifications and termination of derivative instruments | (627) | (627) | (1,172) | (1,244) |
| Loss from investments in partially owned entities | (709) | (359) | (1,357) | (823) |
| Impairment of related party loan receivable | (21,972) | 0 | ||
| Loss on put option | (56,576) | 0 | (56,576) | 0 |
| Other, net | (415) | (962) | 1,018 | 1,396 |
| Loss from continuing operations before income taxes | (96,063) | (4,828) | (97,897) | (21,333) |
| Income tax (expense) benefit: | ||||
| Current | (1,923) | (817) | (3,900) | (1,998) |
| Deferred | 1,459 | 12,886 | 5,080 | 14,775 |
| Total income tax (expense) benefit | (464) | 12,069 | 1,180 | 12,777 |
| Net (loss) income from continuing operations | (96,527) | 7,241 | (96,717) | (8,556) |
| Loss from discontinued operations, net of tax | (8,275) | (3,288) | (10,656) | (4,936) |
| Net (loss) income | (104,802) | 3,953 | (107,373) | (13,492) |
| Net (loss) income attributable to noncontrolling interests | (78) | 18 | (87) | (20) |
| Net (loss) income attributable to Americold Realty Trust, Inc. | $ (104,724) | $ 3,935 | $ (107,286) | $ (13,472) |
| Weighted average common stock outstanding – basic (in shares) | 270,462 | 269,497 | 270,387 | 269,464 |
| Weighted average common stock outstanding – diluted (in shares) | 270,462 | 270,384 | 270,387 | 269,464 |
| Net (loss) income per common share from continuing operations - basic (in USD per share) | $ (0.36) | $ 0.03 | $ (0.36) | $ (0.03) |
| Net (loss) income per common share from discontinued operations - basic (in USD per share) | (0.03) | (0.02) | (0.04) | (0.02) |
| Earnings (loss) per share - Basic (in USD per share) | (0.39) | 0.01 | (0.40) | (0.05) |
| Net (loss) income per common share from continuing operations - diluted (in USD per share) | (0.36) | 0.03 | (0.36) | (0.03) |
| Net (loss) income per common share from discontinued operations - diluted (in USD per share) | (0.03) | (0.02) | (0.04) | (0.02) |
| Earnings (loss) per share - Diluted (in USD per share) | $ (0.39) | $ 0.01 | $ (0.40) | $ (0.05) |
| Related party | ||||
| Other (expense) income: | ||||
| Impairment of related party loan receivable | $ (21,972) | $ 0 | $ (21,972) | $ 0 |
| Rent, storage and warehouse services | ||||
| Operating expenses: | ||||
| Cost of operations | 408,328 | 413,394 | 828,553 | 808,061 |
| Transportation services | ||||
| Operating expenses: | ||||
| Cost of operations | 48,263 | 68,306 | 104,681 | 138,687 |
| Third-party managed services | ||||
| Operating expenses: | ||||
| Cost of operations | 8,968 | 79,765 | 21,248 | 162,124 |
| Operating Segments | ||||
| Revenues: | ||||
| Total revenues | 649,610 | 729,756 | 1,326,099 | 1,435,451 |
| Operating Segments | Rent, storage and warehouse services | ||||
| Revenues: | ||||
| Total revenues | 581,170 | 564,379 | 1,176,222 | 1,105,304 |
| Operating Segments | Transportation services | ||||
| Revenues: | ||||
| Total revenues | 58,072 | 81,891 | 126,150 | 160,801 |
| Operating Segments | Third-party managed services | ||||
| Revenues: | ||||
| Total revenues | $ 10,368 | $ 83,486 | $ 23,727 | $ 169,346 |
COLD Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Property, buildings and equipment: | ||
| Property, buildings and equipment - gross | $ 7,104,079 | $ 6,967,267 |
| Accumulated depreciation | (2,042,566) | (1,901,450) |
| Property, buildings and equipment – net | 5,061,513 | 5,065,817 |
| Operating lease right-of-use assets | 356,636 | 352,553 |
| Accumulated depreciation – operating leases | (91,095) | (76,334) |
| Operating leases – net | 265,541 | 276,219 |
| Financing leases: | ||
| Financing leases - gross | 153,173 | 140,555 |
| Accumulated depreciation – financing leases | (67,163) | (57,626) |
| Financing leases – net | 86,010 | 82,929 |
| Cash, cash equivalents and restricted cash | 48,873 | 53,063 |
| Accounts receivable – net of allowance of $15,891 and $15,951 at June 30, 2023 and December 31, 2022, respectively | 465,571 | 430,042 |
| Identifiable intangible assets – net | 914,173 | 925,223 |
| Goodwill | 1,036,332 | 1,033,637 |
| Investments in partially owned entities and other | 36,957 | 78,926 |
| Other assets | 194,421 | 158,705 |
| Assets held for sale | 106,368 | 0 |
| Total assets | 8,215,759 | 8,104,561 |
| Liabilities: | ||
| Borrowings under revolving line of credit | 723,436 | 500,052 |
| Accounts payable and accrued expenses | 527,073 | 557,540 |
| Senior unsecured notes and term loans – net of deferred financing costs of $11,848 and $13,044, in the aggregate, at June 30, 2023 and December 31, 2022, respectively | 2,590,127 | 2,569,281 |
| Sale-leaseback financing obligations | 166,654 | 171,089 |
| Financing lease obligations | 76,502 | 77,561 |
| Operating lease obligations | 255,819 | 264,634 |
| Unearned revenue | 31,180 | 32,046 |
| Pension and postretirement benefits | 1,580 | 1,531 |
| Deferred tax liability – net | 133,236 | 135,098 |
| Multi-employer pension plan withdrawal liability | 7,641 | 7,851 |
| Liabilities held for sale | 112,752 | 0 |
| Total liabilities | 4,626,000 | 4,316,683 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Common stock, $0.01 par value per share – 500,000,000 authorized shares; 270,186,276 and 269,814,956 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively | 2,702 | 2,698 |
| Paid-in capital | 5,203,891 | 5,191,969 |
| Accumulated deficit and distributions in excess of net earnings | (1,641,872) | (1,415,198) |
| Accumulated other comprehensive income (loss) | 10,377 | (6,050) |
| Total stockholders’ equity | 3,575,098 | 3,773,419 |
| Noncontrolling interests: | ||
| Noncontrolling interests in Operating Partnership | 14,661 | 14,459 |
| Total equity | 3,589,759 | 3,787,878 |
| Total liabilities and equity | 8,215,759 | 8,104,561 |
| Land | ||
| Property, buildings and equipment: | ||
| Property, buildings and equipment - gross | 797,381 | 786,975 |
| Buildings and improvements | ||
| Property, buildings and equipment: | ||
| Property, buildings and equipment - gross | 4,373,257 | 4,245,607 |
| Financing leases: | ||
| Financing leases - gross | 13,544 | 13,546 |
| Machinery and equipment | ||
| Property, buildings and equipment: | ||
| Property, buildings and equipment - gross | 1,438,824 | 1,407,874 |
| Financing leases: | ||
| Financing leases - gross | 139,629 | 127,009 |
| Assets under construction | ||
| Property, buildings and equipment: | ||
| Property, buildings and equipment - gross | $ 494,617 | $ 526,811 |
Americold is the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 185 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina. Americold's facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.