COLDAMERICOLD REALTY TRUST
Real Estate Investment Trusts
- Revenue
- $2.5B
- 2.5% YoY
- Operating margin
- 0.3%
- 94% YoY
- EBITDA
- $375M
- 23% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 7.0×
- $2.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear73% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.9B | $2.6B | $2.6B | $2.5B | 2.5% |
| Operating income | $73M | $88M | −$108M | $124M | $7M | 94% |
| Net income | −$31M | −$19M | −$336M | −$95M | −$115M | 22% |
| Operating cash flow | $273M | $300M | $366M | $412M | $360M | 13% |
| Capex | $438M | $308M | $264M | $309M | $577M | 86% |
| Stock-based comp | $24M | $27M | $24M | $28M | $30M | 6.9% |
| Dividends | $228M | $239M | $242M | $252M | $261M | 3.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 41 | 138 |
| FY2024 | — | — | 65 | 134 |
| FY2023 | — | — | 88 | 123 |
| FY2022 | — | — | 80 | 108 |
| FY2021 | — | — | 90 | 143 |