Nomad Foods Past Earnings Performance
Past criteria checks 2/6
Nomad Foods has been growing earnings at an average annual rate of 7.3%, while the Food industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 6.8% per year. Nomad Foods's return on equity is 7.4%, and it has net margins of 6.3%.
Key information
7.3%
Earnings growth rate
9.2%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 6.8% |
| Return on equity | 7.4% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Nomad Foods Limited Just Missed EPS By 52%: Here's What Analysts Think Will Happen Next
Mar 03
Nomad Foods: Trading At An Adjusted FCF Yield Of 11%
Mar 02It's A Story Of Risk Vs Reward With Nomad Foods Limited (NYSE:NOMD)
Feb 10Nomad Foods Limited's (NYSE:NOMD) Intrinsic Value Is Potentially 81% Above Its Share Price
Jan 23Is Now The Time To Look At Buying Nomad Foods Limited (NYSE:NOMD)?
Dec 23Nomad Foods: A Stable Performer
Dec 12We Think Nomad Foods (NYSE:NOMD) Is Taking Some Risk With Its Debt
Dec 05Returns At Nomad Foods (NYSE:NOMD) Appear To Be Weighed Down
Nov 03Nomad Foods: Stable Prospects, Fairly Valued
Oct 01We Think Nomad Foods (NYSE:NOMD) Is Taking Some Risk With Its Debt
Aug 16Nomad Foods Stock: Solid Q2 Earnings Backed By Stabilizing Margins
Aug 11Return Trends At Nomad Foods (NYSE:NOMD) Aren't Appealing
Jul 27Nomad Foods: Dominant Business At An Attractive Valuation
Jul 10Is Nomad Foods Limited (NYSE:NOMD) Trading At A 48% Discount?
Jul 07Nomad Foods: Shares Look Cheap As Margins Start To Stabilize
Jun 06Here's Why Nomad Foods (NYSE:NOMD) Has A Meaningful Debt Burden
May 02Nomad Foods (NYSE:NOMD) Has More To Do To Multiply In Value Going Forward
Apr 08Nomad Foods Non-GAAP EPS of €0.33 misses by €0.01, revenue of €750.2M beats by €15.64M
Feb 23These 4 Measures Indicate That Nomad Foods (NYSE:NOMD) Is Using Debt Extensively
Jan 25Nomad down 7.5% after Credit Suisse downgrades rating to neutral
Jan 05Is Nomad Foods Limited (NYSE:NOMD) Worth US$17.6 Based On Its Intrinsic Value?
Jan 04Nomad Foods: 17% Buyback Yield Is Waiting
Dec 21Nomad Foods (NYSE:NOMD) Hasn't Managed To Accelerate Its Returns
Dec 12Nomad Foods Q3 2022 Earnings Preview
Nov 08Nomad Foods sees 7.2% organic revenue growth in Q3 over higher prices, plans refinancing
Oct 31Is Nomad Foods (NYSE:NOMD) Using Too Much Debt?
Oct 06Nomad Foods Offers Quality At Value Price
Oct 06Are Investors Undervaluing Nomad Foods Limited (NYSE:NOMD) By 47%?
Sep 14The Returns At Nomad Foods (NYSE:NOMD) Aren't Growing
Aug 25Nomad Foods: Great Fishing In Troubled Waters
Aug 25Nomad Foods Non-GAAP EPS of €0.40, revenue of €697M; narrows FY22 EPS guidance
Aug 10Is Nomad Foods (NYSE:NOMD) Using Too Much Debt?
Jul 02An Intrinsic Calculation For Nomad Foods Limited (NYSE:NOMD) Suggests It's 42% Undervalued
Jun 14Nomad Foods: A Second Round Of Price Hikes Should Improve The Margins
Jun 11Investors Met With Slowing Returns on Capital At Nomad Foods (NYSE:NOMD)
May 27We Think Nomad Foods (NYSE:NOMD) Is Taking Some Risk With Its Debt
Mar 26Nomad Foods Is Trading At A Free Cash Flow Yield Of Almost 10%
Mar 16Nomad Foods Limited (NYSE:NOMD) Shares Could Be 46% Below Their Intrinsic Value Estimate
Mar 06Returns On Capital At Nomad Foods (NYSE:NOMD) Have Stalled
Feb 16Nomad Foods: Growing Company In The Frozen Food Market
Dec 29Here's Why Nomad Foods (NYSE:NOMD) Can Manage Its Debt Responsibly
Dec 16Nomad Foods: Q3 Margins Were Under Pressure, But Long-Term Thesis Remains Intact
Dec 15Nomad Foods Limited's (NYSE:NOMD) Intrinsic Value Is Potentially 83% Above Its Share Price
Nov 29Investors Met With Slowing Returns on Capital At Nomad Foods (NYSE:NOMD)
Nov 11Is Now The Time To Put Nomad Foods (NYSE:NOMD) On Your Watchlist?
Sep 22Is Nomad Foods (NYSE:NOMD) Using Too Much Debt?
Sep 07Nomad Foods: A New $500M Buyback Plan Will Create Value
Sep 04Investors Will Want Nomad Foods' (NYSE:NOMD) Growth In ROCE To Persist
Aug 05I Ran A Stock Scan For Earnings Growth And Nomad Foods (NYSE:NOMD) Passed With Ease
Jun 21Nomad Foods to raise €750M via senior secured notes offering
Jun 14Nomad Foods to refinance its existing senior secured term loan facility and raise additional debt capital
Jun 07Here's Why Nomad Foods (NYSE:NOMD) Can Manage Its Debt Responsibly
Jun 04Are Investors Undervaluing Nomad Foods Limited (NYSE:NOMD) By 30%?
May 20Nomad Foods EPS beats by €0.08, beats on revenue
May 06The Return Trends At Nomad Foods (NYSE:NOMD) Look Promising
May 05With EPS Growth And More, Nomad Foods (NYSE:NOMD) Is Interesting
Mar 18Nomad Foods (NYSE:NOMD) Has A Pretty Healthy Balance Sheet
Mar 03Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Nomad Foods makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,045 | 193 | 29 | 0 |
| 30 Sep 23 | 3,034 | 205 | 26 | 0 |
| 30 Jun 23 | 3,030 | 210 | 23 | 0 |
| 31 Mar 23 | 2,982 | 235 | 22 | 0 |
| 31 Dec 22 | 2,940 | 250 | 11 | 0 |
| 30 Sep 22 | 2,894 | 242 | 12 | 0 |
| 30 Jun 22 | 2,733 | 211 | 10 | 0 |
| 31 Mar 22 | 2,632 | 188 | 8 | 0 |
| 31 Dec 21 | 2,607 | 181 | 7 | 0 |
| 30 Sep 21 | 2,560 | 211 | 13 | 0 |
| 30 Jun 21 | 2,537 | 216 | 12 | 0 |
| 31 Mar 21 | 2,540 | 227 | 9 | 0 |
| 31 Dec 20 | 2,516 | 225 | 12 | 0 |
| 30 Sep 20 | 2,487 | 213 | 7 | 0 |
| 30 Jun 20 | 2,451 | 195 | 11 | 0 |
| 31 Mar 20 | 2,389 | 179 | 18 | 0 |
| 31 Dec 19 | 2,324 | 154 | 19 | 0 |
| 30 Sep 19 | 2,311 | 149 | 19 | 0 |
| 30 Jun 19 | 2,301 | 147 | 18 | 0 |
| 31 Mar 19 | 2,251 | 131 | 18 | 0 |
| 31 Dec 18 | 2,173 | 171 | 17 | 0 |
| 30 Sep 18 | 2,066 | 157 | 126 | 0 |
| 30 Jun 18 | 1,995 | 163 | 124 | 0 |
| 31 Mar 18 | 1,965 | 151 | 120 | 0 |
| 31 Dec 17 | 1,957 | 137 | 6 | 0 |
| 30 Sep 17 | 1,934 | 107 | 6 | 0 |
| 30 Jun 17 | 1,914 | 69 | -92 | 0 |
| 31 Mar 17 | 1,912 | 42 | 5 | 0 |
| 31 Dec 16 | 1,928 | 36 | 5 | 0 |
| 30 Sep 16 | 1,918 | 92 | 5 | 0 |
| 30 Jun 16 | 1,794 | 94 | 102 | 0 |
| 31 Mar 16 | 1,441 | -295 | 3 | 0 |
| 31 Dec 15 | 894 | -482 | 2 | 0 |
| 30 Sep 15 | 418 | -535 | 1 | 0 |
| 30 Jun 15 | 103 | -543 | 2 | 0 |
Quality Earnings: NOMD has high quality earnings.
Growing Profit Margin: NOMD's current net profit margins (6.3%) are lower than last year (8.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOMD's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: NOMD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NOMD had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Food industry average (5.7%).
Return on Equity
High ROE: NOMD's Return on Equity (7.4%) is considered low.