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| Date | Value |
|---|---|
| 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 |