Agree Realty Corporation (ADC) vs Americold Realty Trust, Inc. (COLD)
A side-by-side comparison of Agree Realty Corporation and Americold Realty Trust, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
Total return — ADC vs COLD
growth of $100 · dividends reinvested · last 9yADC vs COLD: by the numbers
- •ADC is the larger company ($7.91B vs $3.99B market cap).
- •ADC is profitable (28.87% net margin) while COLD runs a net loss (-17.44%).
- •ADC grew revenue faster over the past five years (21.41% vs 2.51% CAGR).
- •COLD pays the higher dividend yield (6.55% vs 4.82%).
Metrics side by side
Valuation
| Metric | ADC | COLD |
|---|---|---|
| P/E ratio | 35.42 | N/A |
| Forward P/E | 34.69 | N/A |
| PEG ratio | 104.17 | N/A |
| P/S ratio | 10.15 | 1.52 |
| P/B ratio | 1.21 | 1.65 |
| EV / EBITDA | 17.98 | 17.12 |
For REITs like Agree Realty Corporation, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Americold Realty Trust, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | ADC | COLD |
|---|---|---|
| Gross margin | 87.73% | 4.02% |
| Operating margin | 48.35% | 4.51% |
| Net margin | 28.87% | -17.44% |
| ROE | 3.45% | -18.89% |
| ROIC | 3.56% | 1.64% |
Dividends
| Metric | ADC | COLD |
|---|---|---|
| Dividend yield | 4.82% | 6.55% |
| Payout ratio | 170.65% | N/A |
Agree Realty Corporation's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Americold Realty Trust, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | ADC | COLD |
|---|---|---|
| Revenue CAGR (5Y) | 21.41% | 2.51% |
| EPS CAGR (5Y) | 0.11% | N/A |
| Total return CAGR (5Y) | 4.03% | -10.11% |
Frequently asked
- Which has grown faster, ADC or COLD?
- Over the past five years, ADC grew revenue faster — ADC at a 21.41% CAGR versus COLD at 2.51%.
- Does ADC or COLD pay a bigger dividend?
- ADC yields 4.82% and COLD yields 6.55% based on trailing dividends and the latest price.
- Is ADC or COLD more profitable?
- ADC runs the higher net margin — ADC at 28.87% versus COLD at -17.44%.
- How have ADC and COLD total returns compared?
- Over the past 5 years, ADC delivered 4.03% and COLD delivered -10.11% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Agree Realty & Americold Realty Trust appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.