Noodles (NDLS) Interest Coverage Ratio (2012 - 2026)
Noodles' (NDLS) quarterly Interest Coverage Ratio came in at 0.16 in Q2 2026, up 88.31% YoY from 0.09 in Q2 2025, and down 91.15% on a QoQ basis from 0.08 in Q1 2026.
Noodles (NDLS) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Noodles (NDLS) has 15 years of Interest Coverage Ratio data on file, last reported at 0.16 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 88.31% year-over-year to 0.16 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.32 (up 42.7% YoY) and the FY2025 annual result came in at 0.16, up 65.81% from the prior year.
- Interest Coverage Ratio slipped to 0.16 in Q2 2026, from 0.08 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.19 in Q4 2023 to a low of 1.38 in Q3 2025.
- A 5-year average of 0.27 and a median of 0.2 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 397.13% — and 2023, when it surged 275.43%.
- Tracing NDLS's Interest Coverage Ratio over 5 years: stood at 0.05 in 2022, then jumped by 275.43% to 0.19 in 2023, then tumbled by 203.73% to 0.2 in 2024, then plunged by 110.99% to 0.41 in 2025, then jumped by 60.9% to 0.16 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.16 (Q2 2026), 0.08 (Q1 2026), and 0.41 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 8.16 |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 0.09 |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 3.67 |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 4.09 |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 6.07 |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 1.70 |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 5.77 |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 0.14 |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 544.99 |
| 10 | Noodles | 106.92 Mn | 105.62 Mn | 101.67 Mn | -0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.16 |
| Mar 31, 2026 | -0.08 |
| Dec 30, 2025 | -0.41 |
| Sep 30, 2025 | -0.61 |
| Jul 1, 2025 | -1.38 |
| Apr 1, 2025 | -0.59 |
| Dec 31, 2024 | -0.20 |
| Apr 2, 2024 | -0.37 |
| Jan 2, 2024 | 0.09 |
| Oct 3, 2023 | 0.19 |
| Jul 4, 2023 | -0.03 |
| Apr 4, 2023 | -0.21 |
| Sep 27, 2022 | 0.05 |
| Jun 28, 2022 | 0.18 |
| Mar 29, 2022 | -0.58 |
| Dec 28, 2021 | 0.15 |
| Sep 28, 2021 | 0.47 |
| Jun 29, 2021 | 0.78 |
| Mar 30, 2021 | -0.12 |
| Dec 29, 2020 | 0.13 |