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AMERICOLD REALTY TRUST（COLD）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
AMERICOLD REALTY TRUST的季度营收约是BOSTON BEER CO INC的1.4倍（$643.1M vs $461.6M），AMERICOLD REALTY TRUST同比增速更快（-0.7% vs -4.1%），过去两年AMERICOLD REALTY TRUST的营收复合增速更高（-0.6% vs -10.7%）
Americold Realty Trust是总部位于美国佐治亚州亚特兰大的温控仓储及运输企业，主营现代化商用温控仓储业务，通过冷链体系存储易腐货物，是食品保鲜供应链的重要参与方，为全球第二大温控仓储及配送服务提供商。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
COLD vs SAM — 直观对比
营收规模更大
COLD
是对方的1.4倍
$461.6M
营收增速更快
COLD
高出3.4%
-4.1%
两年增速更快
COLD
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $643.1M | $461.6M |
| 净利润 | $-88.3M | — |
| 毛利率 | 31.3% | 46.4% |
| 营业利润率 | -10.8% | 12.4% |
| 净利率 | -13.7% | — |
| 营收同比 | -0.7% | -4.1% |
| 净利润同比 | -143.9% | — |
| 每股收益（稀释后） | $-0.31 | $2.16 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收COLDSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $643.1M | $385.7M | ||
| Q3 25 | $649.0M | $537.5M | ||
| Q2 25 | $635.1M | $587.9M | ||
| Q1 25 | $613.7M | $453.9M | ||
| Q4 24 | $647.4M | $402.3M | ||
| Q3 24 | $660.4M | $605.5M | ||
| Q2 24 | $645.6M | $579.1M |
净利润COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | $-88.3M | $-22.5M | ||
| Q3 25 | $-11.4M | $46.2M | ||
| Q2 25 | $1.5M | $60.4M | ||
| Q1 25 | $-16.4M | $24.4M | ||
| Q4 24 | $-36.2M | $-38.8M | ||
| Q3 24 | $-3.7M | $33.5M | ||
| Q2 24 | $-64.1M | $52.3M |
毛利率COLDSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 31.3% | 43.5% | ||
| Q3 25 | 29.3% | 50.8% | ||
| Q2 25 | 30.9% | 49.8% | ||
| Q1 25 | 31.1% | 48.3% | ||
| Q4 24 | 29.7% | 39.9% | ||
| Q3 24 | 29.6% | 46.3% | ||
| Q2 24 | 31.0% | 46.0% |
营业利润率COLDSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | -10.8% | -8.6% | ||
| Q3 25 | 2.6% | 11.5% | ||
| Q2 25 | 5.9% | 14.0% | ||
| Q1 25 | 3.6% | 7.4% | ||
| Q4 24 | -1.8% | -13.9% | ||
| Q3 24 | 4.6% | 7.6% | ||
| Q2 24 | 9.8% | 12.2% |
净利率COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | -13.7% | -5.8% | ||
| Q3 25 | -1.8% | 8.6% | ||
| Q2 25 | 0.2% | 10.3% | ||
| Q1 25 | -2.7% | 5.4% | ||
| Q4 24 | -5.6% | -9.6% | ||
| Q3 24 | -0.6% | 5.5% | ||
| Q2 24 | -9.9% | 9.0% |
每股收益（稀释后）COLDSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-0.31 | $-1.97 | ||
| Q3 25 | $-0.04 | $4.25 | ||
| Q2 25 | $0.01 | $5.45 | ||
| Q1 25 | $-0.06 | $2.16 | ||
| Q4 24 | $-0.12 | $-3.23 | ||
| Q3 24 | $-0.01 | $2.86 | ||
| Q2 24 | $-0.23 | $4.39 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $136.9M | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.9B | $682.6M |
| 总资产 | $8.1B | $1.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资COLDSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $136.9M | $223.4M | ||
| Q3 25 | $33.3M | $250.5M | ||
| Q2 25 | $101.4M | $212.4M | ||
| Q1 25 | $38.9M | $152.5M | ||
| Q4 24 | $47.7M | $211.8M | ||
| Q3 24 | $61.3M | $255.6M | ||
| Q2 24 | $44.2M | $219.3M |
股东权益COLDSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $2.9B | $846.3M | ||
| Q3 25 | $3.0B | $911.0M | ||
| Q2 25 | $3.1B | $912.3M | ||
| Q1 25 | $3.2B | $897.0M | ||
| Q4 24 | $3.3B | $916.2M | ||
| Q3 24 | $3.4B | $1.0B | ||
| Q2 24 | $3.4B | $1.0B |
总资产COLDSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $8.1B | $1.2B | ||
| Q3 25 | $8.1B | $1.2B | ||
| Q2 25 | $8.1B | $1.3B | ||
| Q1 25 | $7.8B | $1.2B | ||
| Q4 24 | $7.7B | $1.3B | ||
| Q3 24 | $7.9B | $1.4B | ||
| Q2 24 | $7.8B | $1.4B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $130.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-12.2M | — |
| 自由现金流率自由现金流/营收 | -1.9% | — |
| 资本支出强度资本支出/营收 | 22.1% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-217.2M | — |
8季度趋势，按日历期对齐
经营现金流COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | $130.2M | $39.9M | ||
| Q3 25 | $78.9M | $101.8M | ||
| Q2 25 | $120.3M | $126.5M | ||
| Q1 25 | $30.2M | $1.9M | ||
| Q4 24 | $162.6M | $41.9M | ||
| Q3 24 | $50.6M | $115.9M | ||
| Q2 24 | $136.7M | $96.0M |
自由现金流COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | $-12.2M | $22.1M | ||
| Q3 25 | $-65.4M | $89.2M | ||
| Q2 25 | $-57.4M | $112.2M | ||
| Q1 25 | $-82.3M | $-8.0M | ||
| Q4 24 | $57.4M | $18.4M | ||
| Q3 24 | $-44.5M | $99.2M | ||
| Q2 24 | $73.3M | $75.6M |
自由现金流率COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | -1.9% | 5.7% | ||
| Q3 25 | -10.1% | 16.6% | ||
| Q2 25 | -9.0% | 19.1% | ||
| Q1 25 | -13.4% | -1.8% | ||
| Q4 24 | 8.9% | 4.6% | ||
| Q3 24 | -6.7% | 16.4% | ||
| Q2 24 | 11.4% | 13.1% |
资本支出强度COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | 22.1% | 4.6% | ||
| Q3 25 | 22.2% | 2.3% | ||
| Q2 25 | 28.0% | 2.4% | ||
| Q1 25 | 18.3% | 2.2% | ||
| Q4 24 | 16.3% | 5.8% | ||
| Q3 24 | 14.4% | 2.8% | ||
| Q2 24 | 9.8% | 3.5% |
现金转化率COLDSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | 78.18× | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.46× | ||
| Q2 24 | — | 1.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
COLD
| Warehouse Services | $269.0M | 42% |
| Warehouse Rent And Storage | $199.9M | 31% |
| Other Facilities Costs | $60.0M | 9% |
| Transportation Segment | $48.3M | 8% |
| Power | $34.7M | 5% |
| Transportation | $22.0M | 3% |
| Third Party Managed Segment | $9.5M | 1% |
| Third Party Managed | $2.4M | 0% |
SAM
暂无分部数据
