Nomad Foods (NOMD) Interest Coverage Ratio (2015 - 2026)
Nomad Foods' (NOMD) Interest Coverage Ratio was 2.75 for Q3 2026, down 12.4% from 3.14 a year earlier and down 1.8% from the prior quarter.
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Analysis
Nomad Foods (NOMD) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Nomad Foods' Interest Coverage Ratio came in at 2.65, down 0.8% year-over-year; for FY2025, it was 1.66, down 40.4% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 2.78 in FY2024 (-10.5%), 3.11 in FY2023 (-45.0%), 5.65 in FY2022 (+74.8%) and 3.23 in FY2021 (-38.5%).
- Five-year quarterly Interest Coverage Ratio spans a low of 0.67 in Q4 2025 and a high of 6.59 in Q3 2022.
- Year over year, Interest Coverage Ratio has now declined in each of the last six quarters, with an average decline of 15.0% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q1 2022 (growth of 119.0%); the low point was Q4 2025 (a decline of 74.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.80 (Q2 2026), 1.96 (Q1 2026) and 0.67 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 144.95 Bn | 98.82 Bn | - | - |
| 2 | Mondelez International | 84.23 Bn | 77.29 Bn | 3.92 Bn | - |
| 3 | Hershey | 34.99 Bn | 31.72 Bn | 1.51 Bn | - |
| 4 | Kraft Heinz | 28.72 Bn | 16.47 Bn | 1.99 Bn | 4.17 |
| 5 | General Mills | 18.50 Bn | 16.16 Bn | 1.49 Bn | 4.46 |
| 6 | J M Smucker | 14.27 Bn | 14.05 Bn | 979.60 Mn | - |
| 7 | Mccormick | 12.58 Bn | 12.23 Bn | 794.90 Mn | 3.17 |
| 8 | Hormel Foods | 12.22 Bn | 8.90 Bn | 471.52 Mn | 5.65 |
| 9 | Chewy | 9.17 Bn | 6.46 Bn | 1.01 Bn | - |
| 10 | Nomad Foods | 1.68 Bn | 347.66 Mn | 238.48 Mn | 2.73 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.73 |
| Jun 30, 2026 | 2.80 |
| Mar 31, 2026 | 1.96 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 3.14 |
| Jun 30, 2025 | 2.87 |
| Mar 31, 2025 | 2.07 |
| Dec 31, 2024 | 2.64 |
| Sep 30, 2024 | 3.29 |
| Jun 30, 2024 | 3.22 |
| Mar 31, 2024 | 2.00 |
| Dec 31, 2023 | 3.06 |
| Sep 30, 2023 | 3.73 |
| Jun 30, 2023 | 2.57 |
| Mar 31, 2023 | 2.64 |
| Dec 31, 2022 | 3.47 |
| Sep 30, 2022 | 6.59 |
| Jun 30, 2022 | 6.03 |
| Mar 31, 2022 | 5.65 |
| Dec 31, 2021 | 3.69 |
API Access
Nomad Foods Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NOMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NOMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NOMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();