Nomad Foods (NOMD) Change in Working Capital (2016 - 2024)

Nomad Foods (NOMD) posted quarterly Change in Working Capital of $140.3 million for Q4 2024, up 8.54% year-on-year from $129.3 million in Q1 2024, and up 933.11% on a QoQ basis from -$16.8 million in Q3 2024.

Nomad Foods (NOMD) Change in Working Capital (2016 - 2024) Analysis & Trends

Nomad Foods (NOMD) has reported Change in Working Capital for 9 consecutive years, with $140.3 million the latest figure, recorded in Q4 2024.

  • Quarterly Change in Working Capital rose 8.54% year-over-year to $140.3 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $77.0 million (changed 0.15% YoY) and the FY2025 annual result came in at $80.0 million, up 3.84% from the prior year.
  • Change in Working Capital climbed to $140.3 million in Q4 2024 per NOMD's latest filing, from -$16.8 million in the prior quarter.
  • Over the last five years, Change in Working Capital for NOMD reached as high as $140.3 million in Q4 2024 and fell as low as -$29.1 million in Q4 2021.
  • A 5-year average of $1.7 million and a median of -$14.3 million in 2022 frame the typical range for Change in Working Capital.
  • Annual changes were most pronounced in 2020 — Change in Working Capital surged 318.18% — and 2021, when it tumbled 550.0%.
  • Year by year, Change in Working Capital stood at -$10.0 million in 2020, then tumbled by 190.91% to -$29.1 million in 2021, then soared by 31.64% to -$19.9 million in 2022, then jumped by 749.14% to $129.3 million in 2023, then rose by 8.54% to $140.3 million in 2024.
  • According to Business Quant data, Change in Working Capital over the past three periods registered $140.3 million, -$16.8 million, and -$19.1 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn -
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn -
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn -
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn -
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -
10 Nomad Foods 1.65 Bn 1.21 Bn 208.93 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 140.31 Mn
Dec 31, 2024 140.31 Mn
Sep 30, 2024 -16.84 Mn
Sep 30, 2024 -16.84 Mn
Jun 30, 2024 -19.12 Mn
Jun 30, 2024 -19.12 Mn
Mar 31, 2024 -27.31 Mn
Mar 31, 2024 -27.31 Mn
Dec 31, 2023 129.27 Mn
Dec 31, 2023 129.27 Mn
Sep 30, 2023 -17.98 Mn
Sep 30, 2023 -17.98 Mn
Jun 30, 2023 -18.43 Mn
Jun 30, 2023 -18.43 Mn
Mar 31, 2023 -15.93 Mn
Mar 31, 2023 -15.93 Mn
Sep 30, 2022 -19.91 Mn
Sep 30, 2022 -19.91 Mn
Jun 30, 2022 -18.32 Mn
Jun 30, 2022 -18.32 Mn