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Ratios

Noodles (NDLS) Rent Expense (2016 - 2019)

Noodles (NDLS) has disclosed Rent Expense for 8 consecutive years, with $11.7 million as the latest value for Q4 2019.

  • For the quarter ending Q4 2019, Rent Expense changed N/A year-over-year to $11.7 million, compared with a TTM value of $48.5 million through Dec 2019, changed N/A, and an annual FY2019 reading of $48.9 million, changed 0.32% over the prior year.
  • Rent Expense was $11.7 million for Q4 2019 at Noodles, down from $12.4 million in the prior quarter.
  • Across five years, Rent Expense topped out at $15.1 million in Q1 2017 and bottomed at $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.
  • The sharpest move saw Rent Expense grew 23.85% in 2015, then decreased 17.07% in 2018.
  • Year by year, Rent Expense 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.
  • Business Quant data shows Rent Expense for NDLS at $11.7 million in Q4 2019, $12.4 million in Q2 2019, and $12.0 million in Q4 2018.