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

Veralto is the larger business by last-quarter revenue ($1.4B vs $834.9M, roughly 1.7× Nomad Foods Ltd). On growth, Veralto posted the faster year-over-year revenue change (6.8% vs -2.6%). Nomad Foods Ltd produced more free cash flow last quarter ($272.4M vs $170.0M).

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”.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

NOMD vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.7× larger
VLTO
$1.4B
$834.9M
NOMD
Growing faster (revenue YoY)
VLTO
VLTO
+9.3% gap
VLTO
6.8%
-2.6%
NOMD
More free cash flow
NOMD
NOMD
$102.4M more FCF
NOMD
$272.4M
$170.0M
VLTO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NOMD
NOMD
VLTO
VLTO
Revenue
$834.9M
$1.4B
Net Profit
$254.0M
Gross Margin
25.6%
60.1%
Operating Margin
9.1%
23.8%
Net Margin
17.9%
Revenue YoY
-2.6%
6.8%
Net Profit YoY
12.9%
EPS (diluted)
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$834.9M
$1.4B
Q3 25
$1.4B
Q2 25
$1.3B
Q4 24
$856.9M
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.2B
Net Profit
NOMD
NOMD
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$239.0M
Q3 25
$222.0M
Q2 25
$225.0M
Q4 24
$55.5M
$227.0M
Q3 24
$219.0M
Q2 24
$203.0M
Q1 24
$184.0M
Gross Margin
NOMD
NOMD
VLTO
VLTO
Q1 26
60.1%
Q4 25
25.6%
60.1%
Q3 25
60.0%
Q2 25
60.4%
Q4 24
28.5%
59.6%
Q3 24
59.6%
Q2 24
60.1%
Q1 24
60.0%
Operating Margin
NOMD
NOMD
VLTO
VLTO
Q1 26
23.8%
Q4 25
9.1%
23.2%
Q3 25
22.8%
Q2 25
24.2%
Q4 24
11.5%
22.9%
Q3 24
23.4%
Q2 24
23.2%
Q1 24
23.5%
Net Margin
NOMD
NOMD
VLTO
VLTO
Q1 26
17.9%
Q4 25
17.0%
Q3 25
16.2%
Q2 25
16.9%
Q4 24
6.5%
16.9%
Q3 24
16.7%
Q2 24
15.8%
Q1 24
14.8%
EPS (diluted)
NOMD
NOMD
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.95
Q3 25
$0.89
Q2 25
$0.90
Q4 24
$0.91
Q3 24
$0.88
Q2 24
$0.81
Q1 24
$0.74

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOMD
NOMD
VLTO
VLTO
Q1 26
Q4 25
$1.8B
Q3 25
$1.6B
Q2 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.0B
Q1 24
$827.0M
Total Debt
NOMD
NOMD
VLTO
VLTO
Q1 26
Q4 25
$2.5B
$2.7B
Q3 25
$2.7B
Q2 25
$2.6B
Q4 24
$2.4B
$2.6B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
$2.6B
Stockholders' Equity
NOMD
NOMD
VLTO
VLTO
Q1 26
Q4 25
$2.7B
$2.8B
Q3 25
$2.7B
Q2 25
$2.3B
Q4 24
$2.9B
$2.0B
Q3 24
$2.0B
Q2 24
$1.7B
Q1 24
$1.5B
Total Assets
NOMD
NOMD
VLTO
VLTO
Q1 26
Q4 25
$6.8B
$7.4B
Q3 25
$7.2B
Q2 25
$6.6B
Q4 24
$6.9B
$6.4B
Q3 24
$6.3B
Q2 24
$5.9B
Q1 24
$5.7B
Debt / Equity
NOMD
NOMD
VLTO
VLTO
Q1 26
Q4 25
0.92×
0.94×
Q3 25
1.01×
Q2 25
1.14×
Q4 24
0.82×
1.28×
Q3 24
1.35×
Q2 24
1.57×
Q1 24
1.77×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$357.2M
$182.0M
Free Cash FlowOCF − Capex
$272.4M
$170.0M
FCF MarginFCF / Revenue
32.6%
12.0%
Capex IntensityCapex / Revenue
10.2%
0.8%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOMD
NOMD
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$357.2M
$270.0M
Q3 25
$339.0M
Q2 25
$157.0M
Q4 24
$470.2M
$285.0M
Q3 24
$224.0M
Q2 24
$251.0M
Q1 24
$115.0M
Free Cash Flow
NOMD
NOMD
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$272.4M
$258.0M
Q3 25
$323.0M
Q2 25
$142.0M
Q4 24
$383.5M
$263.0M
Q3 24
$215.0M
Q2 24
$240.0M
Q1 24
$102.0M
FCF Margin
NOMD
NOMD
VLTO
VLTO
Q1 26
12.0%
Q4 25
32.6%
18.4%
Q3 25
23.6%
Q2 25
10.7%
Q4 24
44.8%
19.6%
Q3 24
16.4%
Q2 24
18.6%
Q1 24
8.2%
Capex Intensity
NOMD
NOMD
VLTO
VLTO
Q1 26
0.8%
Q4 25
10.2%
0.9%
Q3 25
1.2%
Q2 25
1.1%
Q4 24
10.1%
1.6%
Q3 24
0.7%
Q2 24
0.9%
Q1 24
1.0%
Cash Conversion
NOMD
NOMD
VLTO
VLTO
Q1 26
0.72×
Q4 25
1.13×
Q3 25
1.53×
Q2 25
0.70×
Q4 24
8.47×
1.26×
Q3 24
1.02×
Q2 24
1.24×
Q1 24
0.63×

Financial Flow Comparison

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

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