Noodles (NDLS) Debt Ratio (2013 - 2026)

Noodles has reported Debt Ratio for 14 years, with the latest figure at 0.43 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 11.49% year-over-year to 0.43; the trailing twelve-month figure through Mar 2026 stood at 0.43 (up 11.49% YoY), and the FY2025 full-year result was 0.42, up 33.96% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.43, up from 0.42 in the prior quarter.
• The five-year high for Debt Ratio was 0.43 in Q1 2026, with the low at 0.09 in Q2 2022.
• Historically, Debt Ratio has averaged 0.25 across 5 years, with a median of 0.25 in 2024.
• Annual changes were most pronounced in 2022 — Debt Ratio dropped 11.08% — and 2023, when it surged 118.16%.
• Noodles' 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 gained by 3.13% to 0.43 in 2026.
• The last three Debt Ratio figures came in at 0.43 (Q1 2026), 0.42 (Q4 2025), and 0.39 (Q3 2025), per Business Quant data.