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Side-by-side financial comparison of Chefs' Warehouse, Inc. (CHEF) and Nomad Foods Ltd (NOMD). Click either name above to swap in a different company.

Chefs' Warehouse, Inc. is the larger business by last-quarter revenue ($1.1B vs $834.9M, roughly 1.4× Nomad Foods Ltd). On growth, Chefs' Warehouse, Inc. posted the faster year-over-year revenue change (10.5% vs -2.6%). Nomad Foods Ltd produced more free cash flow last quarter ($272.4M vs $65.8M).

Chefs' Warehouse, Inc. is a leading North American specialty food distributor that primarily serves independent restaurants, fine dining venues, hotels, catering firms, and other foodservice operators. It offers a curated portfolio of over 150,000 products including artisanal ingredients, specialty meats, seafood, dairy, pastries, and imported gourmet goods tailored for professional chefs.

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”.

CHEF vs NOMD — Head-to-Head

Bigger by revenue
CHEF
CHEF
1.4× larger
CHEF
$1.1B
$834.9M
NOMD
Growing faster (revenue YoY)
CHEF
CHEF
+13.1% gap
CHEF
10.5%
-2.6%
NOMD
More free cash flow
NOMD
NOMD
$206.6M more FCF
NOMD
$272.4M
$65.8M
CHEF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CHEF
CHEF
NOMD
NOMD
Revenue
$1.1B
$834.9M
Net Profit
$21.7M
Gross Margin
24.2%
25.6%
Operating Margin
3.8%
9.1%
Net Margin
1.9%
Revenue YoY
10.5%
-2.6%
Net Profit YoY
-9.4%
EPS (diluted)
$0.50

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
CHEF
CHEF
NOMD
NOMD
Q4 25
$1.1B
$834.9M
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$950.7M
Q4 24
$1.0B
$856.9M
Q3 24
$931.5M
Q2 24
$954.7M
Q1 24
$874.5M
Net Profit
CHEF
CHEF
NOMD
NOMD
Q4 25
$21.7M
Q3 25
$19.1M
Q2 25
$21.2M
Q1 25
$10.3M
Q4 24
$23.9M
$55.5M
Q3 24
$14.1M
Q2 24
$15.5M
Q1 24
$1.9M
Gross Margin
CHEF
CHEF
NOMD
NOMD
Q4 25
24.2%
25.6%
Q3 25
24.2%
Q2 25
24.6%
Q1 25
23.8%
Q4 24
24.3%
28.5%
Q3 24
24.1%
Q2 24
24.0%
Q1 24
23.9%
Operating Margin
CHEF
CHEF
NOMD
NOMD
Q4 25
3.8%
9.1%
Q3 25
3.8%
Q2 25
3.9%
Q1 25
2.4%
Q4 24
4.5%
11.5%
Q3 24
3.4%
Q2 24
3.5%
Q1 24
1.8%
Net Margin
CHEF
CHEF
NOMD
NOMD
Q4 25
1.9%
Q3 25
1.9%
Q2 25
2.1%
Q1 25
1.1%
Q4 24
2.3%
6.5%
Q3 24
1.5%
Q2 24
1.6%
Q1 24
0.2%
EPS (diluted)
CHEF
CHEF
NOMD
NOMD
Q4 25
$0.50
Q3 25
$0.44
Q2 25
$0.49
Q1 25
$0.25
Q4 24
$0.56
Q3 24
$0.34
Q2 24
$0.37
Q1 24
$0.05

Balance Sheet & Financial Strength

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

Metric
CHEF
CHEF
NOMD
NOMD
Cash + ST InvestmentsLiquidity on hand
$121.0M
Total DebtLower is stronger
$720.3M
$2.5B
Stockholders' EquityBook value
$604.3M
$2.7B
Total Assets
$2.0B
$6.8B
Debt / EquityLower = less leverage
1.19×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHEF
CHEF
NOMD
NOMD
Q4 25
$121.0M
Q3 25
$65.1M
Q2 25
$96.9M
Q1 25
$116.5M
Q4 24
$114.7M
Q3 24
$50.7M
Q2 24
$38.3M
Q1 24
$42.3M
Total Debt
CHEF
CHEF
NOMD
NOMD
Q4 25
$720.3M
$2.5B
Q3 25
$711.7M
Q2 25
$690.2M
Q1 25
$681.1M
Q4 24
$688.7M
$2.4B
Q3 24
$666.6M
Q2 24
$660.8M
Q1 24
$667.3M
Stockholders' Equity
CHEF
CHEF
NOMD
NOMD
Q4 25
$604.3M
$2.7B
Q3 25
$576.6M
Q2 25
$557.7M
Q1 25
$541.6M
Q4 24
$537.6M
$2.9B
Q3 24
$480.3M
Q2 24
$461.9M
Q1 24
$447.8M
Total Assets
CHEF
CHEF
NOMD
NOMD
Q4 25
$2.0B
$6.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$1.8B
Q4 24
$1.9B
$6.9B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.7B
Debt / Equity
CHEF
CHEF
NOMD
NOMD
Q4 25
1.19×
0.92×
Q3 25
1.23×
Q2 25
1.24×
Q1 25
1.26×
Q4 24
1.28×
0.82×
Q3 24
1.39×
Q2 24
1.43×
Q1 24
1.49×

Cash Flow & Capital Efficiency

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

Metric
CHEF
CHEF
NOMD
NOMD
Operating Cash FlowLast quarter
$73.9M
$357.2M
Free Cash FlowOCF − Capex
$65.8M
$272.4M
FCF MarginFCF / Revenue
5.8%
32.6%
Capex IntensityCapex / Revenue
0.7%
10.2%
Cash ConversionOCF / Net Profit
3.41×
TTM Free Cash FlowTrailing 4 quarters
$87.8M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHEF
CHEF
NOMD
NOMD
Q4 25
$73.9M
$357.2M
Q3 25
$-8.7M
Q2 25
$14.5M
Q1 25
$49.6M
Q4 24
$73.0M
$470.2M
Q3 24
$19.8M
Q2 24
$29.3M
Q1 24
$30.9M
Free Cash Flow
CHEF
CHEF
NOMD
NOMD
Q4 25
$65.8M
$272.4M
Q3 25
$-19.7M
Q2 25
$4.5M
Q1 25
$37.2M
Q4 24
$64.6M
$383.5M
Q3 24
$11.8M
Q2 24
$13.3M
Q1 24
$13.8M
FCF Margin
CHEF
CHEF
NOMD
NOMD
Q4 25
5.8%
32.6%
Q3 25
-1.9%
Q2 25
0.4%
Q1 25
3.9%
Q4 24
6.3%
44.8%
Q3 24
1.3%
Q2 24
1.4%
Q1 24
1.6%
Capex Intensity
CHEF
CHEF
NOMD
NOMD
Q4 25
0.7%
10.2%
Q3 25
1.1%
Q2 25
1.0%
Q1 25
1.3%
Q4 24
0.8%
10.1%
Q3 24
0.9%
Q2 24
1.7%
Q1 24
2.0%
Cash Conversion
CHEF
CHEF
NOMD
NOMD
Q4 25
3.41×
Q3 25
-0.46×
Q2 25
0.68×
Q1 25
4.82×
Q4 24
3.05×
8.47×
Q3 24
1.41×
Q2 24
1.89×
Q1 24
16.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHEF
CHEF

Center Of The Plate Product$459.1M40%
Dry Goods Product$175.7M15%
Pastry Product$160.5M14%
Produce$147.9M13%
Cheese And Charcuterie Product$75.3M7%
Dairy And Eggs Product$69.2M6%
Oils And Vinegar Product$32.4M3%
Kitchen Supplies Product$22.4M2%

NOMD
NOMD

Segment breakdown not available.

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