KPIs & Operating Metrics(New)
Growth Metrics

Noodles (NDLS) Debt to Equity (2013 - 2026)

Noodles posted quarterly Debt to Equity of -$2.2 for Q1 2026, up 69.63% year-on-year from -$1.3 in Q1 2025, and up 8.46% on a QoQ basis from -$2.4 in Q4 2025.

Noodles (NDLS) has 14 years of Debt to Equity data on file, last reported at -$2.2 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 69.63% year-over-year to -$2.2; the trailing twelve-month figure through Mar 2026 stood at -$2.2 (up 69.63% YoY), and the FY2025 full-year result was -$2.4, up 86.7% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$2.2, up from -$2.4 in the prior quarter.
  • Across five years, Debt to Equity topped out at $23.66 in Q4 2024 and bottomed at -$18.06 in Q4 2024.
  • The 5-year median for Debt to Equity is $1.06 (2022), against an average of $0.72.
  • Peak annual rise in Debt to Equity reached 1101.12% in 2024, while the deepest fall reached 711.38% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.99 in 2022, then jumped by 98.26% to $1.97 in 2023, then slumped by 1016.83% to -$18.06 in 2024, then surged by 86.7% to -$2.4 in 2025, then gained by 8.46% to -$2.2 in 2026.
  • The last three Debt to Equity figures came in at -$2.2 (Q1 2026), -$2.4 (Q4 2025), and -$2.78 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -1.78
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -1.64
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 2.51
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 0.14
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 0.00
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 0.03
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -1.25
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn -
10 Noodles 73.79 Mn 72.35 Mn 98.07 Mn -2.20

Historic Data

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DateValue
Mar 31, 2026 -2.20
Dec 30, 2025 -2.40
Sep 30, 2025 -2.78
Jul 1, 2025 -3.46
Apr 1, 2025 -7.24
Dec 31, 2024 -18.06
Oct 1, 2024 23.66
Jul 2, 2024 8.79
Apr 2, 2024 3.71
Jan 2, 2024 2.95
Oct 3, 2023 1.97
Jul 4, 2023 1.75
Apr 4, 2023 1.43
Jan 3, 2023 1.20
Sep 27, 2022 0.99
Jun 28, 2022 0.89
Mar 29, 2022 1.06
Dec 28, 2021 0.56
Sep 28, 2021 0.54
Jun 29, 2021 1.05
Mar 30, 2021 1.32
Dec 29, 2020 1.42
Sep 29, 2020 1.28
Jun 30, 2020 2.91
Mar 31, 2020 1.92
Dec 31, 2019 0.82
Oct 1, 2019 0.84
Jul 2, 2019 0.95
Apr 2, 2019 1.05
Jan 1, 2019 0.85
Oct 2, 2018 0.92
Jul 3, 2018 2.42
Apr 3, 2018 2.00
Jan 2, 2018 1.61
Oct 3, 2017 1.78
Jul 4, 2017 1.39
Apr 4, 2017 1.57
Jan 3, 2017 3.28
Sep 27, 2016 1.19
Jun 28, 2016 0.99
Dec 29, 2015 0.72
Sep 29, 2015 0.62
Jun 30, 2015 0.22
Mar 31, 2015 0.16
Dec 30, 2014 0.19
Sep 30, 2014 0.16
Jul 1, 2014 0.07
Apr 1, 2014 0.05
Dec 31, 2013 0.05
Oct 1, 2013 0.01
Jul 2, 2013 0.00
Jan 1, 2013 9.08