Nomad Foods (NOMD) Interest Coverage Ratio (2015 - 2026)
Nomad Foods (NOMD) posted quarterly Interest Coverage Ratio of 2.36 for Q1 2026, down 187.55% year-on-year from 2.7 in Q1 2025, and down 141.49% on a QoQ basis 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.
- Quarterly Interest Coverage Ratio fell 187.55% year-over-year to 2.36 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.18 (up 24.68% YoY) and the FY2025 annual result came in at 2.16, up 35.9% from the prior year.
- Interest Coverage Ratio slipped to 2.36 in Q1 2026 per NOMD's latest filing, from 0.98 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for NOMD reached as high as 7.12 in Q1 2022 and fell as low as 7.92 in Q3 2022.
- A 5-year average of 0.69 and a median of 2.76 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio jumped 203.7% — and 2026, when it sank 187.55%.
- Year by year, Interest Coverage Ratio stood at 4.1 in 2022, then rose 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 slumped by 141.49% to 2.36 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.36, 0.98, and 3.94 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 4.85 |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 8.92 |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 10.95 |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 4.41 |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 41.63 |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 4.19 |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | -4.79 |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | -1.24 |
| 10 | Nomad Foods | 1.65 Bn | 1.21 Bn | 208.93 Mn | -2.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 3.03 |