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Ratios

Noodles (NDLS) Rent Expense (2016 - 2019)

Noodles' Rent Expense history spans 8 years, with the latest figure at $11.7 million for Q4 2019.

  • For Q4 2019, Rent Expense changed N/A year-over-year to $11.7 million; the TTM value through Dec 2019 reached $48.5 million, changed N/A, while the annual FY2019 figure was $48.9 million, 0.32% changed from the prior year.
  • Rent Expense reached $11.7 million in Q4 2019 per NDLS's latest filing, down from $12.4 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $15.1 million in Q1 2017 to a low of $11.7 million in Q4 2019.
  • Average Rent Expense over 5 years is $12.9 million, with a median of $12.7 million recorded in 2015.
  • Peak YoY movement for Rent Expense: grew 23.85% in 2015, then decreased 17.07% in 2018.
  • A 5-year view of Rent Expense shows it stood at $12.7 million in 2015, then grew by 8.68% to $13.8 million in 2016, then fell by 7.85% to $12.7 million in 2017, then fell by 5.3% to $12.0 million in 2018, then fell by 2.72% to $11.7 million in 2019.
  • Per Business Quant, the three most recent readings for NDLS's Rent Expense are $11.7 million (Q4 2019), $12.4 million (Q2 2019), and $12.0 million (Q4 2018).