GTN vs. NOMD
GTN (Gray Television, Inc.) and NOMD (Nomad Foods Limited) are both stocks. GTN operates in Broadcasting (Communication Services), while NOMD operates in Packaged Foods (Consumer Defensive). Over the past 10 years, GTN returned -7.64%/yr vs 2.01%/yr for NOMD. At a 0.20 correlation, their price movements are largely independent.
Performance
GTN vs. NOMD - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GTN having a -17.65% return and NOMD slightly lower at -18.51%. Over the past 10 years, GTN has underperformed NOMD with an annualized return of -7.64%, while NOMD has yielded a comparatively higher 2.01% annualized return.
GTN
- 1D
- 1.32%
- 1M
- -3.69%
- YTD
- -17.65%
- 6M
- -18.32%
- 1Y
- -4.14%
- 3Y*
- -13.46%
- 5Y*
- -26.65%
- 10Y*
- -7.64%
NOMD
- 1D
- -1.40%
- 1M
- -3.80%
- YTD
- -18.51%
- 6M
- -18.97%
- 1Y
- -38.68%
- 3Y*
- -14.32%
- 5Y*
- -17.08%
- 10Y*
- 2.01%
GTN vs. NOMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GTN Gray Television, Inc. | -17.65% | 64.58% | -62.40% | -16.72% | -43.43% | 14.39% | -16.56% | 45.45% | -12.00% | 54.38% |
NOMD Nomad Foods Limited | -18.51% | -22.15% | 2.39% | -1.68% | -32.10% | -0.12% | 13.63% | 33.79% | -1.12% | 76.70% |
Correlation
The correlation between GTN and NOMD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.20 |
Fundamentals
GTN:
$372.48M
NOMD:
$1.40B
GTN:
-$0.79
NOMD:
€0.91
GTN:
0.12
NOMD:
0.42
GTN:
0.25
NOMD:
0.49
GTN:
$3.08B
NOMD:
€3.00B
GTN:
$3.54B
NOMD:
€798.02M
GTN:
$899.00M
NOMD:
€343.69M
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Return for Risk
GTN vs. NOMD — Risk / Return Rank
GTN
NOMD
GTN vs. NOMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gray Television, Inc. (GTN) and Nomad Foods Limited (NOMD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GTN | NOMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.77 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | -0.82 | +0.72 |
| Martin ratioReturn relative to average drawdown | -0.20 | -1.20 | +1.00 |
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Drawdowns
GTN vs. NOMD - Drawdown Comparison
The maximum GTN drawdown since its inception was -98.61%, which is greater than NOMD's maximum drawdown of -67.99%. Use the drawdown chart below to compare losses from any high point for GTN and NOMD.
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Drawdown Indicators
| GTN | NOMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.61% | -67.99% | -30.62% |
Max Drawdown (1Y)Largest decline over 1 year | -38.59% | -47.12% | +8.53% |
Max Drawdown (3Y)Largest decline over 3 years | -69.13% | -52.77% | -16.36% |
Max Drawdown (5Y)Largest decline over 5 years | -86.60% | -64.82% | -21.78% |
Max Drawdown (10Y)Largest decline over 10 years | -86.60% | -67.99% | -18.61% |
Current DrawdownCurrent decline from peak | -80.73% | -65.21% | -15.52% |
Average DrawdownAverage peak-to-trough decline | -44.91% | -25.40% | -19.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.65% | 32.20% | -11.55% |
Volatility
GTN vs. NOMD - Volatility Comparison
Gray Television, Inc. (GTN) has a higher volatility of 11.63% compared to Nomad Foods Limited (NOMD) at 6.72%. This indicates that GTN's price experiences larger fluctuations and is considered to be riskier than NOMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTN | NOMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | 6.72% | +4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 46.60% | 24.55% | +22.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.27% | 31.34% | +32.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.11% | 29.27% | +30.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.21% | 28.61% | +26.60% |
Dividends
GTN vs. NOMD - Dividend Comparison
GTN's dividend yield for the trailing twelve months is around 8.33%, more than NOMD's 6.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GTN Gray Television, Inc. | 8.33% | 6.61% | 10.16% | 3.57% | 2.86% | 1.59% |
NOMD Nomad Foods Limited | 6.88% | 5.44% | 3.58% | 0.00% | 0.00% | 0.00% |
Financials
GTN vs. NOMD - Financials Comparison
This section allows you to compare key financial metrics between Gray Television, Inc. and Nomad Foods Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GTN vs. NOMD - Profitability Comparison
GTN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gray Television, Inc. reported a gross profit of 736.00M and revenue of 768.00M. Therefore, the gross margin over that period was 95.8%.
NOMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nomad Foods Limited reported a gross profit of 186.62M and revenue of 726.96M. Therefore, the gross margin over that period was 25.7%.
GTN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gray Television, Inc. reported an operating income of 81.00M and revenue of 768.00M, resulting in an operating margin of 10.6%.
NOMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nomad Foods Limited reported an operating income of 67.70M and revenue of 726.96M, resulting in an operating margin of 9.3%.
GTN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gray Television, Inc. reported a net income of -340.00K and revenue of 768.00M, resulting in a net margin of -0.0%.
NOMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nomad Foods Limited reported a net income of 29.38M and revenue of 726.96M, resulting in a net margin of 4.0%.
Frequently Asked Questions
GTN and NOMD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GTN has higher volatility (11.63%) compared to NOMD (6.72%). In terms of maximum drawdown, GTN dropped -98.61% vs NOMD's -67.99%.
GTN currently has the higher Sharpe Ratio (-0.06 vs -1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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