vs

Side-by-side financial comparison of AMERICOLD REALTY TRUST (COLD) and Hillman Solutions Corp. (HLMN). Click either name above to swap in a different company.

AMERICOLD REALTY TRUST is the larger business by last-quarter revenue ($577.9M vs $370.1M, roughly 1.6× Hillman Solutions Corp.). Hillman Solutions Corp. runs the higher net margin — -1.3% vs -2.4%, a 1.1% gap on every dollar of revenue. On growth, Hillman Solutions Corp. posted the faster year-over-year revenue change (3.0% vs -1.2%). Over the past eight quarters, Hillman Solutions Corp.'s revenue compounded faster (-1.2% CAGR vs -5.4%).

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.

Hillman Solutions is an American hardware manufacturing, distribution and consumer fabrication services company.

COLD vs HLMN — Head-to-Head

Bigger by revenue
COLD
COLD
1.6× larger
COLD
$577.9M
$370.1M
HLMN
Growing faster (revenue YoY)
HLMN
HLMN
+4.2% gap
HLMN
3.0%
-1.2%
COLD
Higher net margin
HLMN
HLMN
1.1% more per $
HLMN
-1.3%
-2.4%
COLD
Faster 2-yr revenue CAGR
HLMN
HLMN
Annualised
HLMN
-1.2%
-5.4%
COLD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
COLD
COLD
HLMN
HLMN
Revenue
$577.9M
$370.1M
Net Profit
$-13.7M
$-4.7M
Gross Margin
Operating Margin
2.5%
1.9%
Net Margin
-2.4%
-1.3%
Revenue YoY
-1.2%
3.0%
Net Profit YoY
16.9%
EPS (diluted)
$-0.05
$-0.02

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
HLMN
HLMN
Q1 26
$577.9M
$370.1M
Q4 25
$643.1M
$365.1M
Q3 25
$649.0M
$424.9M
Q2 25
$635.1M
$402.8M
Q1 25
$613.7M
$359.3M
Q4 24
$647.4M
$349.6M
Q3 24
$660.4M
$393.3M
Q2 24
$645.6M
$379.4M
Net Profit
COLD
COLD
HLMN
HLMN
Q1 26
$-13.7M
$-4.7M
Q4 25
$-88.3M
$1.6M
Q3 25
$-11.4M
$23.2M
Q2 25
$1.5M
$15.8M
Q1 25
$-16.4M
$-317.0K
Q4 24
$-36.2M
$-1.2M
Q3 24
$-3.7M
$7.4M
Q2 24
$-64.1M
$12.5M
Gross Margin
COLD
COLD
HLMN
HLMN
Q1 26
Q4 25
31.3%
Q3 25
29.3%
Q2 25
30.9%
Q1 25
31.1%
Q4 24
29.7%
Q3 24
29.6%
Q2 24
31.0%
Operating Margin
COLD
COLD
HLMN
HLMN
Q1 26
2.5%
1.9%
Q4 25
-10.8%
4.6%
Q3 25
2.6%
10.8%
Q2 25
5.9%
9.0%
Q1 25
3.6%
4.2%
Q4 24
-1.8%
4.0%
Q3 24
4.6%
6.8%
Q2 24
9.8%
8.3%
Net Margin
COLD
COLD
HLMN
HLMN
Q1 26
-2.4%
-1.3%
Q4 25
-13.7%
0.4%
Q3 25
-1.8%
5.5%
Q2 25
0.2%
3.9%
Q1 25
-2.7%
-0.1%
Q4 24
-5.6%
-0.3%
Q3 24
-0.6%
1.9%
Q2 24
-9.9%
3.3%
EPS (diluted)
COLD
COLD
HLMN
HLMN
Q1 26
$-0.05
$-0.02
Q4 25
$-0.31
$0.00
Q3 25
$-0.04
$0.12
Q2 25
$0.01
$0.08
Q1 25
$-0.06
$0.00
Q4 24
$-0.12
$-0.00
Q3 24
$-0.01
$0.04
Q2 24
$-0.23
$0.06

Balance Sheet & Financial Strength

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

Metric
COLD
COLD
HLMN
HLMN
Cash + ST InvestmentsLiquidity on hand
$27.7M
Total DebtLower is stronger
$714.1M
Stockholders' EquityBook value
$2.8B
$1.2B
Total Assets
$8.1B
$2.4B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLD
COLD
HLMN
HLMN
Q1 26
$27.7M
Q4 25
$136.9M
$27.3M
Q3 25
$33.3M
$37.7M
Q2 25
$101.4M
$34.2M
Q1 25
$38.9M
$36.3M
Q4 24
$47.7M
$44.5M
Q3 24
$61.3M
$59.8M
Q2 24
$44.2M
$54.0M
Total Debt
COLD
COLD
HLMN
HLMN
Q1 26
$714.1M
Q4 25
$668.3M
Q3 25
$683.2M
Q2 25
$683.1M
Q1 25
$713.5M
Q4 24
$691.7M
Q3 24
$730.7M
Q2 24
$732.1M
Stockholders' Equity
COLD
COLD
HLMN
HLMN
Q1 26
$2.8B
$1.2B
Q4 25
$2.9B
$1.2B
Q3 25
$3.0B
$1.2B
Q2 25
$3.1B
$1.2B
Q1 25
$3.2B
$1.2B
Q4 24
$3.3B
$1.2B
Q3 24
$3.4B
$1.2B
Q2 24
$3.4B
$1.2B
Total Assets
COLD
COLD
HLMN
HLMN
Q1 26
$8.1B
$2.4B
Q4 25
$8.1B
$2.4B
Q3 25
$8.1B
$2.4B
Q2 25
$8.1B
$2.4B
Q1 25
$7.8B
$2.3B
Q4 24
$7.7B
$2.3B
Q3 24
$7.9B
$2.4B
Q2 24
$7.8B
$2.4B
Debt / Equity
COLD
COLD
HLMN
HLMN
Q1 26
0.59×
Q4 25
0.54×
Q3 25
0.56×
Q2 25
0.57×
Q1 25
0.60×
Q4 24
0.59×
Q3 24
0.62×
Q2 24
0.62×

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
HLMN
HLMN
Operating Cash FlowLast quarter
$39.9M
Free Cash FlowOCF − Capex
$-34.3M
FCF MarginFCF / Revenue
-9.3%
Capex IntensityCapex / Revenue
2.2%
4.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$22.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLD
COLD
HLMN
HLMN
Q1 26
$39.9M
Q4 25
$130.2M
$30.9M
Q3 25
$78.9M
$26.2M
Q2 25
$120.3M
$48.7M
Q1 25
$30.2M
$-655.0K
Q4 24
$162.6M
$43.1M
Q3 24
$50.6M
$63.7M
Q2 24
$136.7M
$64.8M
Free Cash Flow
COLD
COLD
HLMN
HLMN
Q1 26
$-34.3M
Q4 25
$-12.2M
$16.1M
Q3 25
$-65.4M
$9.1M
Q2 25
$-57.4M
$31.2M
Q1 25
$-82.3M
$-21.3M
Q4 24
$57.4M
$22.1M
Q3 24
$-44.5M
$39.6M
Q2 24
$73.3M
$42.5M
FCF Margin
COLD
COLD
HLMN
HLMN
Q1 26
-9.3%
Q4 25
-1.9%
4.4%
Q3 25
-10.1%
2.1%
Q2 25
-9.0%
7.7%
Q1 25
-13.4%
-5.9%
Q4 24
8.9%
6.3%
Q3 24
-6.7%
10.1%
Q2 24
11.4%
11.2%
Capex Intensity
COLD
COLD
HLMN
HLMN
Q1 26
2.2%
4.0%
Q4 25
22.1%
4.0%
Q3 25
22.2%
4.0%
Q2 25
28.0%
4.3%
Q1 25
18.3%
5.7%
Q4 24
16.3%
6.0%
Q3 24
14.4%
6.1%
Q2 24
9.8%
5.9%
Cash Conversion
COLD
COLD
HLMN
HLMN
Q1 26
Q4 25
19.33×
Q3 25
1.13×
Q2 25
78.18×
3.08×
Q1 25
Q4 24
Q3 24
8.57×
Q2 24
5.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

COLD
COLD

Warehouse services (3)$331.9M57%
Rent and storage$246.1M43%

HLMN
HLMN

Segment breakdown not available.

Related Comparisons