NOMD vs. FLO

Last updated Apr 2, 2026

Compare and contrast key facts about Nomad Foods Limited (NOMD) and Flowers Foods, Inc. (FLO).

Performance

NOMD vs. FLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nomad Foods Limited (NOMD) and Flowers Foods, Inc. (FLO). The values are adjusted to include any dividend payments, if applicable.

NOMD vs. FLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NOMD Nomad Foods Limited	-22.49%	-22.15%	2.39%	-1.68%	-32.10%	-0.12%	13.63%	33.79%	-1.12%	76.70%
FLO Flowers Foods, Inc.	-23.22%	-43.63%	-4.34%	-18.63%	7.97%	25.63%	7.73%	21.80%	-0.93%	0.22%

Fundamentals

Market Cap NOMD : $1.39B FLO : $1.72B
EPS NOMD : $0.92 FLO : $0.40
PE Ratio NOMD : 10.39 FLO : 20.54
PS Ratio NOMD : 0.47 FLO : 0.33
PB Ratio NOMD : 0.56 FLO : 1.32
Total Revenue (TTM) NOMD : $3.03B FLO : $5.26B
Gross Profit (TTM) NOMD : $823.00M FLO : $2.53B
EBITDA (TTM) NOMD : $350.60M FLO : $495.11M

Returns By Period

The year-to-date returns for both stocks are quite close, with NOMD having a -22.49% return and FLO slightly lower at -23.22%. Over the past 10 years, NOMD has outperformed FLO with an annualized return of 1.56%, while FLO has yielded a comparatively lower -3.89% annualized return.

NOMD

• 1D: -0.42%
• 1M: -10.48%
• YTD: -22.49%
• 6M: -26.44%
• 1Y: -48.96%
• 3Y*: -17.63%
• 5Y*: -17.81%
• 10Y*: 1.56%

FLO

• 1D: -0.25%
• 1M: -12.25%
• YTD: -23.22%
• 6M: -34.69%
• 1Y: -53.39%
• 3Y*: -29.50%
• 5Y*: -15.61%
• 10Y*: -3.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NOMD vs. FLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOMD

NOMD Risk / Return Rank: 2
NOMD Sharpe Ratio Rank: 0
NOMD Sortino Ratio Rank: 0
NOMD Omega Ratio Rank: 1
NOMD Calmar Ratio Rank: 3
NOMD Martin Ratio Rank: 6

FLO

FLO Risk / Return Rank: 2
FLO Sharpe Ratio Rank: 0
FLO Sortino Ratio Rank: 0
FLO Omega Ratio Rank: 1
FLO Calmar Ratio Rank: 2
FLO Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOMD vs. FLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nomad Foods Limited (NOMD) and Flowers Foods, Inc. (FLO). 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.

	NOMD	FLO	Difference
Sharpe ratio Return per unit of total volatility	-1.74	-1.74	0.00
Sortino ratio Return per unit of downside risk	-2.73	-2.86	+0.14
Omega ratio Gain probability vs. loss probability	0.67	0.67	0.00
Calmar ratio Return relative to maximum drawdown	-0.97	-0.99	+0.02
Martin ratio Return relative to average drawdown	-1.61	-1.71	+0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NOMD vs. FLO - Sharpe Ratio Comparison

The current NOMD Sharpe Ratio is -1.74, which is comparable to the FLO Sharpe Ratio of -1.74. The chart below compares the historical Sharpe Ratios of NOMD and FLO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NOMD	FLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.74	-1.74	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.63	-0.67	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	-0.16	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.18	-0.23

Correlation

The correlation between NOMD and FLO is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NOMD vs. FLO - Dividend Comparison

NOMD's dividend yield for the trailing twelve months is around 7.11%, less than FLO's 12.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NOMD Nomad Foods Limited	7.11%	5.44%	3.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLO Flowers Foods, Inc.	12.18%	9.03%	4.60%	4.04%	3.03%	3.02%	3.49%	3.45%	3.84%	3.47%	3.13%	2.64%

Drawdowns

NOMD vs. FLO - Drawdown Comparison

The maximum NOMD drawdown since its inception was -66.97%, roughly equal to the maximum FLO drawdown of -67.87%. Use the drawdown chart below to compare losses from any high point for NOMD and FLO.

Drawdown Indicators

	NOMD	FLO	Difference
Max Drawdown Largest peak-to-trough decline	-66.97%	-67.87%	+0.90%
Max Drawdown (1Y) Largest decline over 1 year	-50.28%	-54.05%	+3.77%
Max Drawdown (5Y) Largest decline over 5 years	-66.97%	-67.87%	+0.90%
Max Drawdown (10Y) Largest decline over 10 years	-66.97%	-67.87%	+0.90%
Current Drawdown Current decline from peak	-66.90%	-67.87%	+0.97%
Average Drawdown Average peak-to-trough decline	-24.55%	-20.38%	-4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.49%	31.41%	-0.92%

Volatility

NOMD vs. FLO - Volatility Comparison

Nomad Foods Limited (NOMD) has a higher volatility of 9.96% compared to Flowers Foods, Inc. (FLO) at 7.56%. This indicates that NOMD's price experiences larger fluctuations and is considered to be riskier than FLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NOMD	FLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.96%	7.56%	+2.40%
Volatility (6M) Calculated over the trailing 6-month period	20.82%	24.72%	-3.90%
Volatility (1Y) Calculated over the trailing 1-year period	28.14%	30.69%	-2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.45%	23.37%	+5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.83%	24.56%	+4.27%

Financials

NOMD vs. FLO - Profitability Comparison

The chart below illustrates the profitability comparison between Nomad Foods Limited and Flowers Foods, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NOMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nomad Foods Limited reported a gross profit of 197.70M and revenue of 773.10M. Therefore, the gross margin over that period was 25.6%.

FLO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Flowers Foods, Inc. reported a gross profit of 559.92M and revenue of 1.23B. Therefore, the gross margin over that period was 45.4%.

NOMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nomad Foods Limited reported an operating income of 70.50M and revenue of 773.10M, resulting in an operating margin of 9.1%.

FLO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Flowers Foods, Inc. reported an operating income of 69.09M and revenue of 1.23B, resulting in an operating margin of 5.6%.

NOMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nomad Foods Limited reported a net income of -10.70M and revenue of 773.10M, resulting in a net margin of -1.4%.

FLO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Flowers Foods, Inc. reported a net income of -67.07M and revenue of 1.23B, resulting in a net margin of -5.4%.