NIQNIQ Global Intelligence plc
Is the business good?
Earnings fully cash-backed (8.0×). That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is NIQ?
NIQ Global Intelligence plc earns 1.7% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 7.3 points below what the capital costs: growth destroys value
- Operating margin
- 1.9%
Operating margin · 12 months to Q2 2026
- Cash conversion
- 7.96×
Cash conversion · 2.95× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +20%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2023 | −3.3% |
| FY2024 | −2.5% |
| FY2025 | 2.0% |
Details›
- Gross margin12 months to Q2 2026
- 55%
- Operating margin12 months to Q2 2026
- 1.9%
- Net margin12 months to Q2 2026
- −8.0%
- Free cash flow margin
- 12%
- Revenue, trailing twelve months
- $4.39B
- Free cash flow, trailing twelve months
- $506M
- Net income, trailing twelve months
- −$351M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 1.7%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from NIQ and who it buys from, as the companies report it.
- Ten largest clients15%
Combined share of revenue · FY2025 10-K
- Top five clients10%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; NIQ’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
Peers
The closest names by size in the same sector