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NOODLES & Co

NDLS

$18.04 ▲ +0.12 (+0.67%) at close

16 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

NOODLES & Co demonstrates solid fundamentals with strength in Return on Common Equity (%). However, watch Operating Margin (%) and Profit Margin (%) which show concerning trends. Consider comparing against peers in the Consumer Discretionary sector before making investment decisions.

Market Cap $104.4M

Dividend Yield —

Revenue Growth 0.4% ↗

Op. Margin -6.4% ↘

ROIC -49.8% ↘

FCF / Share $-0.88 ↗

Trailing P/E —

Price / Book —

FCF Yield —

Debt / Equity -2.40

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$495.09M

— +0.4% —

Net Income Profit after all expenses

$-42.57M

↓ -17.5% —

Operating Margin Operating profit as % of sales

-6.4%

↓ -13.3% 18th

FCF / Share Free cash flow per share

$-0.88

↑ +76.3% —

Long-Term Debt Long-term obligations

$108.78M

↑ +8.0% —

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability

Returns

Financial Health

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Revenue Growth YoY (%)	0.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-95%)	-2.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-129%)	-1.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-117%)	7.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	20.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+196%)	-14.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-312%)	1.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-86%)	0.3% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-96%)	-6.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-191%)	7.0% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	12.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+83%)	15.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+115%)	16.8% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+140%)	17.3% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+147%)	—	—
EPS Growth YoY (%)	-15.5% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-279.2% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-200.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	N/M	83.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	53.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-437.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	52.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	13.6% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	37.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-17.5% Weak ↑ Weak Improving Year-over-year change in net income	-267.4% Weak Weak Year-over-year change in net income	-197.4% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	N/M	77.5% Excellent ↑ Excellent Improving Year-over-year change in net income	47.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-420.7% Weak ↓ Weak Declining Year-over-year change in net income	N/M	71.5% Excellent ↑ Excellent Improving Year-over-year change in net income	29.1% Excellent Excellent Year-over-year change in net income	34.8% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	76.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	12.9% Fair Fair Year-over-year change in free cash flow	-1.0% Weak Weak Year-over-year change in free cash flow	N/M	N/M	N/M	N/M	52.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	33.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-246.4% Weak ↓ Weak Declining Year-over-year change in free cash flow	21.7% Good ↑ Good Improving Year-over-year change in free cash flow	39.7% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	38.0% Excellent Excellent Year-over-year change in free cash flow	-620.7% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-1.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	8.5% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	3.3% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	1.2% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-4.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-1.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	0.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	4.2% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	11.6% Good ↓ Good Declining Compound annual revenue growth over 3 years	14.9% Good Good Compound annual revenue growth over 3 years	16.4% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	4.7% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	1.3% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	1.9% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	2.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-0.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-2.9% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	2.8% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	5.5% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	8.7% Good Good Compound annual revenue growth over 5 years	13.7% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	—	—	—	—	—	—	—	33.4% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Operating Margin (%) (%)	-6.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-153%)	-5.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-147%)	-1.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-108%)	-0.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-101%)	1.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-90%)	-5.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-142%)	1.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-90%)	-0.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-107%)	-7.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-162%)	-13.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-215%)	-4.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-139%)	4.7% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-61%)	4.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	5.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	4.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-61%)	—
Effective Tax Rate (%) (%)	-0.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.8% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.4% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	41.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.4% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	31.7% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-8.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-207%)	-7.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-192%)	-2.0% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-124%)	-0.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-108%)	0.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-90%)	-5.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-174%)	0.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-96%)	-1.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	-8.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-203%)	-14.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-284%)	-3.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-138%)	2.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)	1.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-76%)	1.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-79%)	1.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	—
FCF Margin (%) (%)	-1.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-4.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-4.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-4.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-2.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-3.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-3.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-1.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-3.1% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	-5.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-0.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.12x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.59x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.49x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	7.34x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	4.74x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.11x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	7.68x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.07x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.45x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.26x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.41x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.64x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.62x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.97x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.55x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Return on Invested Capital (%)	-49.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-29.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-4.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-1.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	10.1% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	-28.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-3.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-36.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-62.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	7.0% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	6.4% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	9.5% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	165.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-12.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.4% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-0.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-5.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-2.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-18.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-32.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	7.9% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	7.6% Fair Fair Operating profit relative to total assets Optimal: > 10%	10.2% Good Good Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	94.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+370%)	—	-36.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-281%)	-8.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-143%)	9.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-51%)	-78.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-492%)	3.3% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-84%)	-16.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-180%)	-104.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-623%)	-277.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1488%)	-14.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-173%)	8.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-59%)	5.4% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-73%)	49.6% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+148%)	77.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+287%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Debt to Equity (x)	-2.40x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-400%)	-18.06x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-2357%)	2.95x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+269%)	1.20x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+50%)	0.50x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	1.38x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+72%)	0.84x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+5%)	0.88x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+11%)	1.61x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+101%)	3.28x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+310%)	0.72x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-10%)	0.19x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-76%)	0.05x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-94%)	9.01x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1026%)	—	—
Interest Coverage (x)	-3.39x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-3.71x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-1.05x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-0.34x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	2.79x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-6.37x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	1.85x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-0.87x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-8.82x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-23.16x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-14.71x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	51.82x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	6.49x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	3.19x Fair Fair Operating income divided by interest expense Optimal: > 5x	1.96x Caution Caution Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$107.51M	$99.59M	$77.20M	$44.53M	$16.68M	$33.11M	$32.16M	$41.92M	$54.26M	$82.84M	$65.82M	$25.23M	$5.34M	$93.15M	$-523.00K	$-13.30M
Debt / EBITDA (x)	-23.95x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	78.22x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.69x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.05x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.67x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	24.37x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.55x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.44x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-6.24x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-2.15x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	10.06x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.62x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.18x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.86x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Revenue per Share (USD)	$85.55	$86.79	$87.81	$88.77	$83.57	$71.13	$84.00	$86.53	$96.72	$140.24	$125.91	$108.69	$106.31	$103.42	$88.16	—
Basic EPS, GAAP (USD)	$-7.36	$-6.37	$-1.68	$-0.56	$0.64	$-4.24	$0.32	$-1.60	$-9.60	$-20.64	$-3.84	$3.04	$2.00	$1.76	$1.28	—
Free Cash Flow per Share (USD)	$-0.88	$-3.73	$-4.28	$-4.24	$3.06	$-0.48	$2.30	$-1.70	$-3.54	$-5.35	$-1.54	$-1.97	$-3.27	$-5.27	$-0.73	—
Book Value per Share (USD)	$-7.74	$-0.98	$4.83	$6.67	$6.59	$5.35	$9.17	$9.59	$6.98	$7.41	$27.07	$48.23	$42.85	$3.58	$1.70	—
Tangible Book Value per Share (USD)	$-9.04	$-2.31	$3.46	$5.32	$5.22	$3.93	$7.71	$8.19	$5.43	$5.08	$24.70	$45.37	$42.73	$3.58	$1.70	—
Basic Weighted Avg Shares (shares)	5.79M	5.68M	5.73M	5.74M	5.69M	5.53M	5.50M	5.29M	4.72M	3.48M	3.62M	3.71M	3.30M	2.90M	2.90M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Working Capital (USD)	$-42.95M	$-45.52M	$-44.89M	$-42.48M	$-54.02M	$-34.41M	$-28.71M	$-9.80M	$-21.81M	$-23.25M	$-7.51M	$-3.06M	$-5.83M	$-7.61M	—	—
LT Debt (USD)	$108.78M	$100.74M	$80.22M	$46.05M	$18.93M	$40.95M	$42.62M	$46.58M	$57.62M	$84.68M	$67.73M	$27.14M	$6.31M	$93.73M	—	—
Total Equity (USD)	$-45.30M	$-5.58M	$27.16M	$38.36M	$37.63M	$29.70M	$50.57M	$52.68M	$35.86M	$25.82M	$93.77M	$140.12M	$124.47M	$10.41M	$4.95M	$-494.00K

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 30, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Jan 2, 2024 10-K ↗	FY 2022 Jan 3, 2023 10-K ↗	FY 2021 Dec 28, 2021 10-K ↗	FY 2020 Dec 29, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Jan 1, 2019 10-K ↗	FY 2017 Jan 2, 2018 10-K ↗	FY 2016 Jan 3, 2017 10-K ↗	FY 2015 Dec 29, 2015 10-K ↗	FY 2014 Dec 30, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Jan 1, 2013 10-K ↗	FY 2011 Jan 3, 2012 10-K ↗	FY 2010 Dec 28, 2010 10-K ↗
Sales/Revenue/Turnover (USD)	$495.09M	$493.27M	$503.40M	$509.48M	$475.15M	$393.65M	$462.41M	$457.84M	$456.49M	$487.47M	$455.45M	$403.74M	$350.92M	$300.41M	$256.07M	—
Depreciation Expense (USD)	$27.05M	$29.07M	$26.79M	$23.27M	$22.33M	$21.71M	$22.09M	$22.87M	$24.61M	$28.13M	$27.80M	$24.79M	$20.62M	$16.72M	$14.50M	—
Net Income, GAAP (USD)	$-42.57M	$-36.21M	$-9.86M	$-3.31M	$3.67M	$-23.26M	$1.65M	$-8.44M	$-37.48M	$-71.68M	$-13.77M	$11.43M	$6.67M	$5.16M	$3.83M	—
Operating Cash Flow (USD)	$7.28M	$7.56M	$27.50M	$9.56M	$36.16M	$9.12M	$30.06M	$5.35M	$4.10M	$24.74M	$44.51M	$49.03M	$43.63M	$32.07M	$27.92M	—

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Synced 1 week ago 16 years · 60 quarters

NOODLES & Co

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