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Side-by-side financial comparison of AMERICOLD REALTY TRUST (COLD) and Charles River Laboratories (CRL). Click either name above to swap in a different company.

Charles River Laboratories is the larger business by last-quarter revenue ($994.2M vs $643.1M, roughly 1.5× AMERICOLD REALTY TRUST). AMERICOLD REALTY TRUST runs the higher net margin — -13.7% vs -27.8%, a 14.1% gap on every dollar of revenue. On growth, AMERICOLD REALTY TRUST posted the faster year-over-year revenue change (-0.7% vs -0.8%). Charles River Laboratories produced more free cash flow last quarter ($58.6M vs $-12.2M). Over the past eight quarters, AMERICOLD REALTY TRUST's revenue compounded faster (-0.6% CAGR vs -0.9%).

Americold Realty Trust, Inc. is an American temperature controlled warehousing and transportation company based in Atlanta, Georgia, United States. It is in the business of modern commercialized temperature controlled warehousing for the storage of perishable goods via a cold chain, one of the forms of food preservation. Americold is the 2nd largest temperature-controlled warehousing and distribution services provider in the world.

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

COLD vs CRL — Head-to-Head

Bigger by revenue
CRL
CRL
1.5× larger
CRL
$994.2M
$643.1M
COLD
Growing faster (revenue YoY)
COLD
COLD
+0.2% gap
COLD
-0.7%
-0.8%
CRL
Higher net margin
COLD
COLD
14.1% more per $
COLD
-13.7%
-27.8%
CRL
More free cash flow
CRL
CRL
$70.7M more FCF
CRL
$58.6M
$-12.2M
COLD
Faster 2-yr revenue CAGR
COLD
COLD
Annualised
COLD
-0.6%
-0.9%
CRL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COLD
COLD
CRL
CRL
Revenue
$643.1M
$994.2M
Net Profit
$-88.3M
$-276.6M
Gross Margin
31.3%
Operating Margin
-10.8%
-28.5%
Net Margin
-13.7%
-27.8%
Revenue YoY
-0.7%
-0.8%
Net Profit YoY
-143.9%
-28.9%
EPS (diluted)
$-0.31
$-5.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COLD
COLD
CRL
CRL
Q4 25
$643.1M
$994.2M
Q3 25
$649.0M
$1.0B
Q2 25
$635.1M
$1.0B
Q1 25
$613.7M
$984.2M
Q4 24
$647.4M
$1.0B
Q3 24
$660.4M
$1.0B
Q2 24
$645.6M
$1.0B
Q1 24
$651.4M
$1.0B
Net Profit
COLD
COLD
CRL
CRL
Q4 25
$-88.3M
$-276.6M
Q3 25
$-11.4M
$54.4M
Q2 25
$1.5M
$52.3M
Q1 25
$-16.4M
$25.5M
Q4 24
$-36.2M
$-214.5M
Q3 24
$-3.7M
$69.7M
Q2 24
$-64.1M
$94.1M
Q1 24
$9.7M
$73.0M
Gross Margin
COLD
COLD
CRL
CRL
Q4 25
31.3%
Q3 25
29.3%
Q2 25
30.9%
Q1 25
31.1%
Q4 24
29.7%
Q3 24
29.6%
34.6%
Q2 24
31.0%
34.5%
Q1 24
30.3%
34.1%
Operating Margin
COLD
COLD
CRL
CRL
Q4 25
-10.8%
-28.5%
Q3 25
2.6%
13.3%
Q2 25
5.9%
9.7%
Q1 25
3.6%
7.6%
Q4 24
-1.8%
-16.7%
Q3 24
4.6%
11.6%
Q2 24
9.8%
14.8%
Q1 24
6.4%
12.5%
Net Margin
COLD
COLD
CRL
CRL
Q4 25
-13.7%
-27.8%
Q3 25
-1.8%
5.4%
Q2 25
0.2%
5.1%
Q1 25
-2.7%
2.6%
Q4 24
-5.6%
-21.4%
Q3 24
-0.6%
6.9%
Q2 24
-9.9%
9.2%
Q1 24
1.5%
7.2%
EPS (diluted)
COLD
COLD
CRL
CRL
Q4 25
$-0.31
$-5.57
Q3 25
$-0.04
$1.10
Q2 25
$0.01
$1.06
Q1 25
$-0.06
$0.50
Q4 24
$-0.12
$-4.17
Q3 24
$-0.01
$1.33
Q2 24
$-0.23
$1.74
Q1 24
$0.03
$1.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLD
COLD
CRL
CRL
Cash + ST InvestmentsLiquidity on hand
$136.9M
$213.8M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$2.9B
$3.2B
Total Assets
$8.1B
$7.1B
Debt / EquityLower = less leverage
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLD
COLD
CRL
CRL
Q4 25
$136.9M
$213.8M
Q3 25
$33.3M
$207.1M
Q2 25
$101.4M
$182.8M
Q1 25
$38.9M
$229.4M
Q4 24
$47.7M
$194.6M
Q3 24
$61.3M
$210.2M
Q2 24
$44.2M
$179.2M
Q1 24
$59.2M
$327.0M
Total Debt
COLD
COLD
CRL
CRL
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.5B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.7B
Stockholders' Equity
COLD
COLD
CRL
CRL
Q4 25
$2.9B
$3.2B
Q3 25
$3.0B
$3.4B
Q2 25
$3.1B
$3.4B
Q1 25
$3.2B
$3.2B
Q4 24
$3.3B
$3.5B
Q3 24
$3.4B
$3.8B
Q2 24
$3.4B
$3.7B
Q1 24
$3.6B
$3.6B
Total Assets
COLD
COLD
CRL
CRL
Q4 25
$8.1B
$7.1B
Q3 25
$8.1B
$7.5B
Q2 25
$8.1B
$7.6B
Q1 25
$7.8B
$7.6B
Q4 24
$7.7B
$7.5B
Q3 24
$7.9B
$8.0B
Q2 24
$7.8B
$7.9B
Q1 24
$7.8B
$8.2B
Debt / Equity
COLD
COLD
CRL
CRL
Q4 25
0.68×
Q3 25
0.64×
Q2 25
0.70×
Q1 25
0.79×
Q4 24
0.65×
Q3 24
0.62×
Q2 24
0.65×
Q1 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLD
COLD
CRL
CRL
Operating Cash FlowLast quarter
$130.2M
$147.5M
Free Cash FlowOCF − Capex
$-12.2M
$58.6M
FCF MarginFCF / Revenue
-1.9%
5.9%
Capex IntensityCapex / Revenue
22.1%
8.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-217.2M
$518.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLD
COLD
CRL
CRL
Q4 25
$130.2M
$147.5M
Q3 25
$78.9M
$213.8M
Q2 25
$120.3M
$204.6M
Q1 25
$30.2M
$171.7M
Q4 24
$162.6M
$159.4M
Q3 24
$50.6M
$251.8M
Q2 24
$136.7M
$193.5M
Q1 24
$62.0M
$129.9M
Free Cash Flow
COLD
COLD
CRL
CRL
Q4 25
$-12.2M
$58.6M
Q3 25
$-65.4M
$178.2M
Q2 25
$-57.4M
$169.3M
Q1 25
$-82.3M
$112.4M
Q4 24
$57.4M
$83.7M
Q3 24
$-44.5M
$213.1M
Q2 24
$73.3M
$154.0M
Q1 24
$16.2M
$50.7M
FCF Margin
COLD
COLD
CRL
CRL
Q4 25
-1.9%
5.9%
Q3 25
-10.1%
17.7%
Q2 25
-9.0%
16.4%
Q1 25
-13.4%
11.4%
Q4 24
8.9%
8.4%
Q3 24
-6.7%
21.1%
Q2 24
11.4%
15.0%
Q1 24
2.5%
5.0%
Capex Intensity
COLD
COLD
CRL
CRL
Q4 25
22.1%
8.9%
Q3 25
22.2%
3.5%
Q2 25
28.0%
3.4%
Q1 25
18.3%
6.0%
Q4 24
16.3%
7.5%
Q3 24
14.4%
3.8%
Q2 24
9.8%
3.8%
Q1 24
7.0%
7.8%
Cash Conversion
COLD
COLD
CRL
CRL
Q4 25
Q3 25
3.93×
Q2 25
78.18×
3.91×
Q1 25
6.74×
Q4 24
Q3 24
3.61×
Q2 24
2.06×
Q1 24
6.36×
1.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLD
COLD

Warehouse Services$269.0M42%
Warehouse Rent And Storage$199.9M31%
Other Facilities Costs$60.0M9%
Transportation Segment$48.3M8%
Power$34.7M5%
Transportation$22.0M3%
Third Party Managed Segment$9.5M1%
Third Party Managed$2.4M0%

CRL
CRL

Discovery And Safety Assessment Segment$591.6M60%
Manufacturing Support Segment$196.4M20%
Transferred At Point In Time$108.0M11%
Transferred Over Time$98.3M10%

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