Nomad Foods (NOMD) Interest Coverage Ratio (2015 - 2026)
Nomad Foods (NOMD) posted quarterly Interest Coverage Ratio of 2.36 for Q1 2026, down 12.45% year-over-year from 2.7 in Q1 2025, and up 341.49% quarter-over-quarter from 0.98 in Q4 2025.
Nomad Foods (NOMD) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Nomad Foods (NOMD) has reported Interest Coverage Ratio for 12 consecutive years, with 2.36 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 12.45% year-over-year to 2.36; the TTM figure through Mar 2026 stood at 20.66 (down 131.01% YoY), while the FY2025 annual figure was 2.16, down 164.1% from the prior year.
- Interest Coverage Ratio advanced to 2.36 in Q1 2026 per NOMD's latest filing, from 0.98 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 7.92 in Q3 2022 and bottomed at 7.12 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 0.94 across 5 years, with a median of 2.7 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 299.17% — and 2023, when it slumped 148.62%.
- Nomad Foods' Interest Coverage Ratio stood at 4.1 in 2022, then climbed by 17.42% to 3.39 in 2023, then grew by 4.74% to 3.23 in 2024, then soared by 69.66% to 0.98 in 2025, then surged by 341.49% to 2.36 in 2026.
- Business Quant data shows NOMD's Interest Coverage Ratio at 2.36 in Q1 2026, 0.98 in Q4 2025, and 3.94 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.50 Bn | 27.82 Bn | 2.03 Bn | 207.45 |
| 2 | General Mills | 21.50 Bn | 21.05 Bn | 1.60 Bn | - |
| 3 | Mccormick | 15.16 Bn | 14.83 Bn | 778.20 Mn | 4.41 |
| 4 | Jbs | 14.79 Bn | 11.32 Bn | 4.91 Bn | 0.82 |
| 5 | J M Smucker | 13.28 Bn | 13.23 Bn | 862.10 Mn | - |
| 6 | Hormel Foods | 13.24 Bn | 12.38 Bn | 518.51 Mn | 10.95 |
| 7 | Magnum Ice Cream | 12.16 Bn | 11.44 Bn | - | - |
| 8 | Darling Ingredients | 10.57 Bn | 10.41 Bn | 503.37 Mn | 10.00 |
| 9 | Smithfield Foods | 8.79 Bn | 7.44 Bn | 478.00 Mn | 36.25 |
| 10 | Nomad Foods | 1.69 Bn | 1.37 Bn | 243.17 Mn | 2.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.80 |
| Mar 31, 2026 | 2.36 |
| Dec 31, 2025 | -0.98 |
| Sep 30, 2025 | 3.94 |
| Jun 30, 2025 | 3.42 |
| Mar 31, 2025 | 2.70 |
| Dec 31, 2024 | -3.23 |
| Sep 30, 2024 | 3.80 |
| Jun 30, 2024 | -3.70 |
| Mar 31, 2024 | 2.76 |
| Dec 31, 2023 | -3.39 |
| Sep 30, 2023 | 4.41 |
| Jun 30, 2023 | -2.93 |
| Mar 31, 2023 | 4.12 |
| Dec 31, 2022 | -4.10 |
| Sep 30, 2022 | 7.92 |
| Jun 30, 2022 | 6.03 |
| Mar 31, 2022 | -7.12 |
| Dec 31, 2021 | -5.35 |
| Sep 30, 2021 | 3.78 |