Noodles (NDLS) Debt Ratio (2013 - 2026)

Noodles (NDLS) posted quarterly Debt Ratio of 0.44 for Q2 2026, up 8.86% year-on-year from 0.41 in Q2 2025, and up 3.29% on a QoQ basis from 0.43 in Q1 2026.

Noodles (NDLS) Debt Ratio (2013 - 2026) Analysis & Trends

Noodles (NDLS) has reported Debt Ratio for 14 consecutive years, with 0.44 the latest figure, recorded in Q2 2026.

  • Quarterly Debt Ratio rose 8.86% year-over-year to 0.44 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.44 (up 8.86% YoY) and the FY2025 annual result came in at 0.42, up 33.96% from the prior year.
  • Debt Ratio rose to 0.44 in Q2 2026 per NDLS's latest filing, from 0.43 in the prior quarter.
  • Over the last five years, Debt Ratio for NDLS reached as high as 0.44 in Q2 2026 and fell as low as 0.09 in Q2 2022.
  • A 5-year average of 0.26 and a median of 0.26 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio declined 11.08% — and 2023, when it soared 118.16%.
  • Year by year, Debt Ratio stood at 0.11 in 2022, then surged by 64.9% to 0.17 in 2023, then surged by 78.72% to 0.31 in 2024, then soared by 33.96% to 0.42 in 2025, then advanced by 6.53% to 0.44 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.44, 0.43, and 0.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 0.49
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn -
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 1.46
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 0.53
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 0.18
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 0.00
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 0.01
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 2.77
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 0.07
10 Noodles 76.51 Mn 75.06 Mn 101.67 Mn 0.44

Historic Data

Download Data
DateValue
Jun 30, 2026 0.44
Mar 31, 2026 0.43
Dec 30, 2025 0.42
Sep 30, 2025 0.39
Jul 1, 2025 0.41
Apr 1, 2025 0.38
Dec 31, 2024 0.31
Oct 1, 2024 0.27
Jul 2, 2024 0.26
Apr 2, 2024 0.25
Jan 2, 2024 0.22
Oct 3, 2023 0.17
Jul 4, 2023 0.18
Apr 4, 2023 0.15
Jan 3, 2023 0.13
Sep 27, 2022 0.11
Jun 28, 2022 0.09
Mar 29, 2022 0.10
Dec 28, 2021 0.06
Sep 28, 2021 0.06