| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.07B | 3.10B | 3.04B | 2.94B | 2.61B | 2.52B |
| Gross Profit | 892.00M | 917.80M | 858.70M | 815.30M | 744.30M | 762.50M |
| EBITDA | 488.50M | 505.10M | 480.50M | 492.20M | 369.80M | 429.80M |
| Net Income | 211.50M | 227.10M | 192.70M | 249.80M | 181.00M | 225.20M |
Balance Sheet | ||||||
| Total Assets | 6.38B | 6.43B | 6.42B | 6.33B | 6.17B | 5.58B |
| Cash, Cash Equivalents and Short-Term Investments | 266.60M | 403.00M | 412.70M | 369.40M | 254.00M | 418.10M |
| Total Debt | 2.10B | 2.18B | 2.15B | 2.17B | 2.23B | 1.77B |
| Total Liabilities | 3.81B | 3.77B | 3.82B | 3.72B | 3.87B | 3.45B |
| Stockholders Equity | 2.56B | 2.66B | 2.59B | 2.61B | 2.30B | 2.13B |
Cash Flow | ||||||
| Free Cash Flow | 366.80M | 355.10M | 348.40M | 224.70M | 227.10M | 398.30M |
| Operating Cash Flow | 444.30M | 435.40M | 430.80M | 303.80M | 306.30M | 457.00M |
| Investing Cash Flow | -62.90M | -64.40M | -76.80M | -78.70M | -660.00M | -171.40M |
| Financing Cash Flow | -444.70M | -366.40M | -321.50M | -108.10M | 214.40M | -714.80M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $9.06B | 7.24 | 33.13% | ― | 2.06% | 63.27% | |
67 Neutral | $9.34B | 15.47 | 15.64% | 5.02% | 6.40% | 6.17% | |
65 Neutral | $1.86B | 8.07 | 7.88% | 5.45% | 0.87% | 8.59% | |
64 Neutral | $8.91B | 10.50 | 9.65% | 7.58% | -4.11% | 72.17% | |
63 Neutral | $13.28B | 17.33 | 9.46% | 4.80% | 0.65% | -3.76% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
49 Neutral | $11.17B | ― | -21.32% | 4.23% | 2.54% | -293.39% |
On October 20, 2025, Nomad Foods Limited announced the launch of a refinancing initiative for its existing USD and EUR denominated Term Loan B and an extension of its Revolving Cash Facility. This strategic move aims to optimize the company’s financial structure, although the company cautions that the refinancing is not guaranteed and depends on future lender meetings. The announcement reflects Nomad Foods’ efforts to strengthen its financial positioning in the competitive frozen food industry.
Nomad Foods announced on October 10, 2025, that Stefan Descheemaeker will retire as CEO effective January 1, 2026, with Dominic Brisby set to succeed him. Brisby, who joins from Flora Food Group, will assume the role of Executive President on November 3, 2025, and will join the Board of Directors. Descheemaeker, who has led the company since its founding in 2015, will remain on the Board as a non-executive director. The transition marks a significant leadership change for Nomad Foods, which has seen consistent growth under Descheemaeker’s tenure, positioning the company as a leader in the savory frozen food industry.
On September 3, 2025, Nomad Foods announced its participation in the Barclays Global Consumer Staples Conference, where it reiterated its 2025 guidance and unveiled a new efficiency program aimed at achieving €200 million in operational savings from 2026 to 2028. The company also set new medium-term financial targets, including a compound annual Adjusted EBITDA growth of 1-3% and a 15% increase in Free Cash Flow from 2026-2028. These initiatives are expected to enhance Nomad Foods’ market positioning by funding reinvestments, mitigating inflation, and supporting its growth goals. Additionally, the company plans to launch a new Masterbrand campaign in the UK and Ireland to promote its Birds Eye brand and introduce several new products across Europe.
On August 6, 2025, Nomad Foods Limited announced its financial results for the second quarter of 2025, revealing a challenging period marked by a 0.8% decrease in revenue to €747 million and a 7.2% drop in adjusted EBITDA to €129 million. The company attributed these declines to record-setting warm weather in Western Europe, which affected consumer behavior and retailer strategies, causing volume declines in savory frozen categories. Despite these challenges, Nomad Foods improved its market share and retail sell-out growth, with plans to return to organic sales growth in the latter half of the year. Additionally, Carey Dorman was appointed as an independent member of the Board of Directors, bringing extensive experience from his role as Executive Vice President and CFO of Element Solutions Inc.
On July 30, 2025, Nomad Foods Limited announced a 13% increase in its quarterly cash dividend, now set at $0.17 per share. This decision reflects the company’s confidence in its long-term strategy and commitment to creating sustained value for shareholders. The dividend will be payable on August 26, 2025, to shareholders recorded by August 11, 2025. This move is likely to strengthen Nomad Foods’ position in the frozen food industry and reassure stakeholders of its financial health and strategic direction.