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Side-by-side financial comparison of Nomad Foods Ltd (NOMD) and PIPER SANDLER COMPANIES (PIPR). Click either name above to swap in a different company.

Nomad Foods Ltd is the larger business by last-quarter revenue ($834.9M vs $667.0M, roughly 1.3× PIPER SANDLER COMPANIES). On growth, PIPER SANDLER COMPANIES posted the faster year-over-year revenue change (37.4% vs -2.6%).

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”.

Piper Sandler Companies is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings, public finance, institutional brokerage, investment management, and securities research. Through its principal subsidiary, Piper Sandler & Co., the company targets corporations, institutional investors, and public entities.

NOMD vs PIPR — Head-to-Head

Bigger by revenue
NOMD
NOMD
1.3× larger
NOMD
$834.9M
$667.0M
PIPR
Growing faster (revenue YoY)
PIPR
PIPR
+40.0% gap
PIPR
37.4%
-2.6%
NOMD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NOMD
NOMD
PIPR
PIPR
Revenue
$834.9M
$667.0M
Net Profit
$114.0M
Gross Margin
25.6%
Operating Margin
9.1%
28.3%
Net Margin
17.1%
Revenue YoY
-2.6%
37.4%
Net Profit YoY
65.0%
EPS (diluted)
$6.41

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
NOMD
NOMD
PIPR
PIPR
Q4 25
$834.9M
$667.0M
Q3 25
$480.1M
Q2 25
$398.6M
Q1 25
$358.6M
Q4 24
$856.9M
$485.4M
Q3 24
$360.9M
Q2 24
$340.8M
Q1 24
$344.4M
Net Profit
NOMD
NOMD
PIPR
PIPR
Q4 25
$114.0M
Q3 25
$60.3M
Q2 25
$42.2M
Q1 25
$64.9M
Q4 24
$55.5M
$69.1M
Q3 24
$34.8M
Q2 24
$34.8M
Q1 24
$42.5M
Gross Margin
NOMD
NOMD
PIPR
PIPR
Q4 25
25.6%
Q3 25
Q2 25
Q1 25
Q4 24
28.5%
Q3 24
Q2 24
Q1 24
Operating Margin
NOMD
NOMD
PIPR
PIPR
Q4 25
9.1%
28.3%
Q3 25
22.4%
Q2 25
12.3%
Q1 25
8.2%
Q4 24
11.5%
16.9%
Q3 24
15.4%
Q2 24
8.3%
Q1 24
15.2%
Net Margin
NOMD
NOMD
PIPR
PIPR
Q4 25
17.1%
Q3 25
12.6%
Q2 25
10.6%
Q1 25
18.1%
Q4 24
6.5%
14.2%
Q3 24
9.6%
Q2 24
10.2%
Q1 24
12.3%
EPS (diluted)
NOMD
NOMD
PIPR
PIPR
Q4 25
$6.41
Q3 25
$3.38
Q2 25
$2.38
Q1 25
$3.65
Q4 24
$3.88
Q3 24
$1.96
Q2 24
$1.97
Q1 24
$2.43

Balance Sheet & Financial Strength

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

Metric
NOMD
NOMD
PIPR
PIPR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$2.7B
$1.4B
Total Assets
$6.8B
$2.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Total Debt
NOMD
NOMD
PIPR
PIPR
Q4 25
$2.5B
Q3 25
Q2 25
Q1 25
Q4 24
$2.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NOMD
NOMD
PIPR
PIPR
Q4 25
$2.7B
$1.4B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$2.9B
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
NOMD
NOMD
PIPR
PIPR
Q4 25
$6.8B
$2.6B
Q3 25
$2.2B
Q2 25
$2.0B
Q1 25
$1.8B
Q4 24
$6.9B
$2.3B
Q3 24
$2.0B
Q2 24
$1.9B
Q1 24
$1.8B
Debt / Equity
NOMD
NOMD
PIPR
PIPR
Q4 25
0.92×
Q3 25
Q2 25
Q1 25
Q4 24
0.82×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
NOMD
NOMD
PIPR
PIPR
Operating Cash FlowLast quarter
$357.2M
$729.8M
Free Cash FlowOCF − Capex
$272.4M
FCF MarginFCF / Revenue
32.6%
Capex IntensityCapex / Revenue
10.2%
Cash ConversionOCF / Net Profit
6.40×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOMD
NOMD
PIPR
PIPR
Q4 25
$357.2M
$729.8M
Q3 25
$31.9M
Q2 25
$32.1M
Q1 25
$-207.2M
Q4 24
$470.2M
$163.8M
Q3 24
$80.1M
Q2 24
$266.5M
Q1 24
$-197.2M
Free Cash Flow
NOMD
NOMD
PIPR
PIPR
Q4 25
$272.4M
Q3 25
Q2 25
Q1 25
Q4 24
$383.5M
Q3 24
Q2 24
Q1 24
FCF Margin
NOMD
NOMD
PIPR
PIPR
Q4 25
32.6%
Q3 25
Q2 25
Q1 25
Q4 24
44.8%
Q3 24
Q2 24
Q1 24
Capex Intensity
NOMD
NOMD
PIPR
PIPR
Q4 25
10.2%
Q3 25
Q2 25
Q1 25
Q4 24
10.1%
Q3 24
Q2 24
Q1 24
Cash Conversion
NOMD
NOMD
PIPR
PIPR
Q4 25
6.40×
Q3 25
0.53×
Q2 25
0.76×
Q1 25
-3.19×
Q4 24
8.47×
2.37×
Q3 24
2.30×
Q2 24
7.66×
Q1 24
-4.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOMD
NOMD

Segment breakdown not available.

PIPR
PIPR

Advisory Services$402.6M60%
Equities Financing$66.7M10%
Equity Salesand Trading$64.2M10%
Fixed Income Salesand Trading$47.9M7%
Other$46.7M7%
Debt Financing$38.9M6%

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