Nomad FoodsFRA:0NH +6.04%58 Operating Margin % is 9.31% as of Mar. 2026, which is 35% below its 10-year median of 14.38. GuruFocus rates FRA:0NH with a GF Score™ of 58/100 and a GF Value™ of €18.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Nomad Foods ranks better than 79.4% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Nomad Foods's Operating Income for the
three
months ended in Mar. 2026 was €67 Mil. Nomad Foods's Revenue for the
three
months ended in Mar. 2026 was €715 Mil. Therefore, Nomad Foods's Operating Margin % for the quarter that ended in Mar. 2026 was 9.31%.
Warning Sign:
Nomad Foods Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2%.
The historical rank and industry rank for Nomad Foods's Operating Margin % or its related term are showing as below:
FRA:0NH'
s Operating Margin % Range Over the Past 10 Years
Min: 12.71 Med: 14.38 Max: 15.1
Current: 12.71
FRA:0NH's Operating Margin % is ranked better than 79.4% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 5.26
vs FRA:0NH: 12.71
Nomad Foods's 5-Year Average Operating Margin % Growth Rate was -2.00% per year.
Nomad Foods's Operating Income for the
three
months ended in Mar. 2026 was €67 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €380 Mil.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Nomad Foods Operating Margin % Related Terms
Nomad Foods Operating Margin % Historical Data
* Premium members only.
The historical data trend for Nomad Foods's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:0NH vs JJSF, HLF, FLO: Operating Margin % Comparison
For the Packaged Foods subindustry, Nomad Foods's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nomad Foods Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nomad Foods's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Nomad Foods's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Nomad Foods's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nomad Foods (FRA:0NH) has a Operating Margin % of 9.31% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Nomad Foods and its competitors. This is 35% below median its historical median of 14.38. Over the past decade, Nomad Foods' Operating Margin % has ranged from 12.71 to 15.10. According to the industry distribution chart, Nomad Foods ranks #402 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 20.6%.
Is Nomad Foods' Operating Margin % too high?
Nomad Foods' current Operating Margin % of 9.31% is 35% below median its 10-year median of 14.38. Over the past 10 years, this metric has ranged from a low of 12.71 to a high of 15.10. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Nomad Foods' value of 9.31% is 77% above this industry median. Based on the distribution chart, Nomad Foods ranks #402 out of 1951 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nomad Foods has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nomad Foods' Operating Margin % compare to JJSF and HLF?
According to the Consumer Packaged Goods industry distribution chart, Nomad Foods ranks #402 out of 1951 companies for Operating Margin %. This places Nomad Foods in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.26. Nomad Foods' value of 9.31% is 77% above this benchmark. Historically, Nomad Foods' own Operating Margin % has ranged from 12.71 to 15.10 over the past decade. While the company's 10-year median is 14.38 vs. the industry median of 5.26, Nomad Foods has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nomad Foods's current Operating Margin % of 9.31% is 77% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Nomad Foods and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomad Foods's current Operating Margin % is 9.31%, which is 35% below median its own 10-year median of 14.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomad Foods stock overvalued right now?
Based on GuruFocus' analysis, Nomad Foods (FRA:0NH) is currently considered Possible Value Trap. The stock's GF Value™ is €18.44, compared to a current price of €9.65 — trading 47.7% below its estimated fair value. The current Operating Margin % is 9.31%, which is 35% below median its 10-year median of 14.38 and 77% above the Consumer Packaged Goods industry median of 5.26. Nomad Foods' overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Nomad Foods (FRA:0NH), the current Operating Margin % is 9.31% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nomad Foods (FRA:0NH) Overvalued in 2026?
Based on GuruFocus' analysis, Nomad Foods stock appears to be undervalued.
The current stock price of €9.65 is trading 47.7% below its estimated GF Value™ of €18.44.
GuruFocus considers Nomad Foods to be Possible Value Trap.
Key valuation signals for FRA:0NH:
Operating Margin %: 9.31% (35% below median its 10-year median of 14.38)
GF Value™: €18.44 vs. price of €9.65 (47.7% below fair value)
Industry Position: 77% above the Consumer Packaged Goods median (#402 of 1951)
No single metric tells the full story. See the FRA:0NH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distributing branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, Ice Cream, and ready meals like pizza. It sells its products through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.
58GF Score
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