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Side-by-side financial comparison of AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL) and Nomad Foods Ltd (NOMD). Click either name above to swap in a different company.

AMERICAN AXLE & MANUFACTURING HOLDINGS INC is the larger business by last-quarter revenue ($1.4B vs $834.9M, roughly 1.7× Nomad Foods Ltd). On growth, AMERICAN AXLE & MANUFACTURING HOLDINGS INC posted the faster year-over-year revenue change (0.2% vs -2.6%). Nomad Foods Ltd produced more free cash flow last quarter ($272.4M vs $54.7M).

American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.

Nomad Foods is the largest frozen food company in Europe, whose popular brands include Birds Eye, Ledo, Iglo, Findus, and Frikom. The company manufactures, sells and distributes a range of frozen food products across 22 European markets, with its headquarters in the United Kingdom. The most popular products in Nomad Foods’ portfolio include fish fingers, creamed spinach, peas and chicken. Nomad Foods is listed on the New York Stock Exchange trading under the ticker “NOMD”.

AXL vs NOMD — Head-to-Head

Bigger by revenue
AXL
AXL
1.7× larger
AXL
$1.4B
$834.9M
NOMD
Growing faster (revenue YoY)
AXL
AXL
+2.8% gap
AXL
0.2%
-2.6%
NOMD
More free cash flow
NOMD
NOMD
$217.7M more FCF
NOMD
$272.4M
$54.7M
AXL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AXL
AXL
NOMD
NOMD
Revenue
$1.4B
$834.9M
Net Profit
$-75.3M
Gross Margin
10.2%
25.6%
Operating Margin
-2.4%
9.1%
Net Margin
-5.4%
Revenue YoY
0.2%
-2.6%
Net Profit YoY
-449.6%
EPS (diluted)
$-0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXL
AXL
NOMD
NOMD
Q4 25
$1.4B
$834.9M
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
$856.9M
Q3 24
$1.5B
Q2 24
$1.6B
Q1 24
$1.6B
Net Profit
AXL
AXL
NOMD
NOMD
Q4 25
$-75.3M
Q3 25
$9.2M
Q2 25
$39.3M
Q1 25
$7.1M
Q4 24
$-13.7M
$55.5M
Q3 24
$10.0M
Q2 24
$18.2M
Q1 24
$20.5M
Gross Margin
AXL
AXL
NOMD
NOMD
Q4 25
10.2%
25.6%
Q3 25
12.6%
Q2 25
13.1%
Q1 25
12.3%
Q4 24
11.2%
28.5%
Q3 24
11.4%
Q2 24
13.3%
Q1 24
12.4%
Operating Margin
AXL
AXL
NOMD
NOMD
Q4 25
-2.4%
9.1%
Q3 25
3.2%
Q2 25
3.6%
Q1 25
3.0%
Q4 24
2.6%
11.5%
Q3 24
2.8%
Q2 24
5.3%
Q1 24
4.8%
Net Margin
AXL
AXL
NOMD
NOMD
Q4 25
-5.4%
Q3 25
0.6%
Q2 25
2.6%
Q1 25
0.5%
Q4 24
-1.0%
6.5%
Q3 24
0.7%
Q2 24
1.1%
Q1 24
1.3%
EPS (diluted)
AXL
AXL
NOMD
NOMD
Q4 25
$-0.62
Q3 25
$0.07
Q2 25
$0.32
Q1 25
$0.06
Q4 24
$-0.11
Q3 24
$0.08
Q2 24
$0.15
Q1 24
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXL
AXL
NOMD
NOMD
Cash + ST InvestmentsLiquidity on hand
$708.9M
Total DebtLower is stronger
$4.0B
$2.5B
Stockholders' EquityBook value
$640.0M
$2.7B
Total Assets
$6.7B
$6.8B
Debt / EquityLower = less leverage
6.31×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXL
AXL
NOMD
NOMD
Q4 25
$708.9M
Q3 25
$714.1M
Q2 25
$586.5M
Q1 25
$549.2M
Q4 24
$552.9M
Q3 24
$542.5M
Q2 24
$519.9M
Q1 24
$469.8M
Total Debt
AXL
AXL
NOMD
NOMD
Q4 25
$4.0B
$2.5B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.6B
$2.4B
Q3 24
$2.6B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
AXL
AXL
NOMD
NOMD
Q4 25
$640.0M
$2.7B
Q3 25
$718.4M
Q2 25
$673.0M
Q1 25
$596.3M
Q4 24
$562.8M
$2.9B
Q3 24
$616.3M
Q2 24
$609.6M
Q1 24
$621.4M
Total Assets
AXL
AXL
NOMD
NOMD
Q4 25
$6.7B
$6.8B
Q3 25
$5.3B
Q2 25
$5.3B
Q1 25
$5.1B
Q4 24
$5.1B
$6.9B
Q3 24
$5.3B
Q2 24
$5.3B
Q1 24
$5.4B
Debt / Equity
AXL
AXL
NOMD
NOMD
Q4 25
6.31×
0.92×
Q3 25
3.61×
Q2 25
3.86×
Q1 25
4.38×
Q4 24
4.58×
0.82×
Q3 24
4.28×
Q2 24
4.42×
Q1 24
4.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXL
AXL
NOMD
NOMD
Operating Cash FlowLast quarter
$120.5M
$357.2M
Free Cash FlowOCF − Capex
$54.7M
$272.4M
FCF MarginFCF / Revenue
4.0%
32.6%
Capex IntensityCapex / Revenue
4.8%
10.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$155.1M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXL
AXL
NOMD
NOMD
Q4 25
$120.5M
$357.2M
Q3 25
$143.3M
Q2 25
$91.9M
Q1 25
$55.9M
Q4 24
$151.2M
$470.2M
Q3 24
$143.6M
Q2 24
$142.8M
Q1 24
$17.8M
Free Cash Flow
AXL
AXL
NOMD
NOMD
Q4 25
$54.7M
$272.4M
Q3 25
$79.2M
Q2 25
$34.6M
Q1 25
$-13.4M
Q4 24
$73.2M
$383.5M
Q3 24
$70.4M
Q2 24
$94.0M
Q1 24
$-30.2M
FCF Margin
AXL
AXL
NOMD
NOMD
Q4 25
4.0%
32.6%
Q3 25
5.3%
Q2 25
2.3%
Q1 25
-0.9%
Q4 24
5.3%
44.8%
Q3 24
4.7%
Q2 24
5.8%
Q1 24
-1.9%
Capex Intensity
AXL
AXL
NOMD
NOMD
Q4 25
4.8%
10.2%
Q3 25
4.3%
Q2 25
3.7%
Q1 25
4.9%
Q4 24
5.6%
10.1%
Q3 24
4.9%
Q2 24
3.0%
Q1 24
3.0%
Cash Conversion
AXL
AXL
NOMD
NOMD
Q4 25
Q3 25
15.58×
Q2 25
2.34×
Q1 25
7.87×
Q4 24
8.47×
Q3 24
14.36×
Q2 24
7.85×
Q1 24
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXL
AXL

Driveline$748.4M54%
Other$345.7M25%
Metal Forming$289.8M21%

NOMD
NOMD

Segment breakdown not available.

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