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Side-by-side financial comparison of AMERICOLD REALTY TRUST (COLD) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.

AMERICOLD REALTY TRUST is the larger business by last-quarter revenue ($643.1M vs $341.0M, roughly 1.9× Utz Brands, Inc.). Utz Brands, Inc. runs the higher net margin — 0.7% vs -13.7%, a 14.4% gap on every dollar of revenue. On growth, AMERICOLD REALTY TRUST posted the faster year-over-year revenue change (-0.7% vs -3.1%). Utz Brands, Inc. produced more free cash flow last quarter ($16.5M vs $-12.2M). Over the past eight quarters, AMERICOLD REALTY TRUST's revenue compounded faster (-0.6% CAGR vs -1.5%).

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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

COLD vs UTZ — Head-to-Head

Bigger by revenue
COLD
COLD
1.9× larger
COLD
$643.1M
$341.0M
UTZ
Growing faster (revenue YoY)
COLD
COLD
+2.5% gap
COLD
-0.7%
-3.1%
UTZ
Higher net margin
UTZ
UTZ
14.4% more per $
UTZ
0.7%
-13.7%
COLD
More free cash flow
UTZ
UTZ
$28.7M more FCF
UTZ
$16.5M
$-12.2M
COLD
Faster 2-yr revenue CAGR
COLD
COLD
Annualised
COLD
-0.6%
-1.5%
UTZ

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
COLD
COLD
UTZ
UTZ
Revenue
$643.1M
$341.0M
Net Profit
$-88.3M
$2.3M
Gross Margin
31.3%
25.5%
Operating Margin
-10.8%
2.1%
Net Margin
-13.7%
0.7%
Revenue YoY
-0.7%
-3.1%
Net Profit YoY
-143.9%
108.3%
EPS (diluted)
$-0.31
$0.04

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
UTZ
UTZ
Q4 25
$643.1M
Q3 25
$649.0M
Q2 25
$635.1M
Q1 25
$613.7M
Q4 24
$647.4M
$341.0M
Q3 24
$660.4M
$365.5M
Q2 24
$645.6M
$356.2M
Q1 24
$651.4M
$346.5M
Net Profit
COLD
COLD
UTZ
UTZ
Q4 25
$-88.3M
Q3 25
$-11.4M
Q2 25
$1.5M
Q1 25
$-16.4M
Q4 24
$-36.2M
$2.3M
Q3 24
$-3.7M
$-2.2M
Q2 24
$-64.1M
$19.8M
Q1 24
$9.7M
$-4.0M
Gross Margin
COLD
COLD
UTZ
UTZ
Q4 25
31.3%
Q3 25
29.3%
Q2 25
30.9%
Q1 25
31.1%
Q4 24
29.7%
25.5%
Q3 24
29.6%
26.9%
Q2 24
31.0%
26.7%
Q1 24
30.3%
25.5%
Operating Margin
COLD
COLD
UTZ
UTZ
Q4 25
-10.8%
Q3 25
2.6%
Q2 25
5.9%
Q1 25
3.6%
Q4 24
-1.8%
2.1%
Q3 24
4.6%
5.3%
Q2 24
9.8%
6.3%
Q1 24
6.4%
2.8%
Net Margin
COLD
COLD
UTZ
UTZ
Q4 25
-13.7%
Q3 25
-1.8%
Q2 25
0.2%
Q1 25
-2.7%
Q4 24
-5.6%
0.7%
Q3 24
-0.6%
-0.6%
Q2 24
-9.9%
5.6%
Q1 24
1.5%
-1.2%
EPS (diluted)
COLD
COLD
UTZ
UTZ
Q4 25
$-0.31
Q3 25
$-0.04
Q2 25
$0.01
Q1 25
$-0.06
Q4 24
$-0.12
$0.04
Q3 24
$-0.01
$-0.03
Q2 24
$-0.23
$0.23
Q1 24
$0.03
$-0.05

Balance Sheet & Financial Strength

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

Metric
COLD
COLD
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$136.9M
$56.1M
Total DebtLower is stronger
$768.6M
Stockholders' EquityBook value
$2.9B
$696.9M
Total Assets
$8.1B
$2.7B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLD
COLD
UTZ
UTZ
Q4 25
$136.9M
Q3 25
$33.3M
Q2 25
$101.4M
Q1 25
$38.9M
Q4 24
$47.7M
$56.1M
Q3 24
$61.3M
$64.9M
Q2 24
$44.2M
$66.6M
Q1 24
$59.2M
$47.0M
Total Debt
COLD
COLD
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Q1 24
$756.9M
Stockholders' Equity
COLD
COLD
UTZ
UTZ
Q4 25
$2.9B
Q3 25
$3.0B
Q2 25
$3.1B
Q1 25
$3.2B
Q4 24
$3.3B
$696.9M
Q3 24
$3.4B
$685.7M
Q2 24
$3.4B
$686.0M
Q1 24
$3.6B
$671.1M
Total Assets
COLD
COLD
UTZ
UTZ
Q4 25
$8.1B
Q3 25
$8.1B
Q2 25
$8.1B
Q1 25
$7.8B
Q4 24
$7.7B
$2.7B
Q3 24
$7.9B
$2.6B
Q2 24
$7.8B
$2.7B
Q1 24
$7.8B
$2.6B
Debt / Equity
COLD
COLD
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×
Q1 24
1.13×

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
UTZ
UTZ
Operating Cash FlowLast quarter
$130.2M
$54.2M
Free Cash FlowOCF − Capex
$-12.2M
$16.5M
FCF MarginFCF / Revenue
-1.9%
4.8%
Capex IntensityCapex / Revenue
22.1%
11.1%
Cash ConversionOCF / Net Profit
23.67×
TTM Free Cash FlowTrailing 4 quarters
$-217.2M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLD
COLD
UTZ
UTZ
Q4 25
$130.2M
Q3 25
$78.9M
Q2 25
$120.3M
Q1 25
$30.2M
Q4 24
$162.6M
$54.2M
Q3 24
$50.6M
$52.2M
Q2 24
$136.7M
$8.9M
Q1 24
$62.0M
$-9.1M
Free Cash Flow
COLD
COLD
UTZ
UTZ
Q4 25
$-12.2M
Q3 25
$-65.4M
Q2 25
$-57.4M
Q1 25
$-82.3M
Q4 24
$57.4M
$16.5M
Q3 24
$-44.5M
$29.1M
Q2 24
$73.3M
$-15.3M
Q1 24
$16.2M
$-22.7M
FCF Margin
COLD
COLD
UTZ
UTZ
Q4 25
-1.9%
Q3 25
-10.1%
Q2 25
-9.0%
Q1 25
-13.4%
Q4 24
8.9%
4.8%
Q3 24
-6.7%
8.0%
Q2 24
11.4%
-4.3%
Q1 24
2.5%
-6.5%
Capex Intensity
COLD
COLD
UTZ
UTZ
Q4 25
22.1%
Q3 25
22.2%
Q2 25
28.0%
Q1 25
18.3%
Q4 24
16.3%
11.1%
Q3 24
14.4%
6.3%
Q2 24
9.8%
6.8%
Q1 24
7.0%
3.9%
Cash Conversion
COLD
COLD
UTZ
UTZ
Q4 25
Q3 25
Q2 25
78.18×
Q1 25
Q4 24
23.67×
Q3 24
Q2 24
0.45×
Q1 24
6.36×

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%

UTZ
UTZ

Segment breakdown not available.

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