Noodles (NDLS) Return on Capital Employed (2013 - 2026)

Noodles (NDLS) reported Return on Capital Employed of 13.72% for Q1 2026, down 24.0% on a YoY basis from 18.05% in Q1 2025, and up 9.12% quarter-over-quarter from 15.09% in Q4 2025.

Noodles (NDLS) Return on Capital Employed (2013 - 2026) Analysis & Trends

Noodles has reported Return on Capital Employed for 14 years, with the latest figure at 13.72% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 24.0% year-over-year to 13.72%; the trailing twelve-month figure through Mar 2026 stood at 13.72% (down 24.0% YoY), and the FY2025 full-year result was 13.66%, down 376.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 13.72%, up from 15.09% in the prior quarter.
  • The five-year high for Return on Capital Employed was 0.41% in Q1 2022, with the low at 16.06% in Q3 2025.
  • Historically, Return on Capital Employed has averaged 6.72% across 5 years, with a median of 4.42% in 2022.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed soared 620 bps — and 2025, when it tumbled 1176 bps.
  • Noodles' Return on Capital Employed stood at 2.56% in 2022, then surged by 114 bps to 0.37% in 2023, then slumped by 3022 bps to 10.73% in 2024, then slumped by 41 bps to 15.09% in 2025, then gained by 9 bps to 13.72% in 2026.
  • The last three Return on Capital Employed figures came in at 13.72% (Q1 2026), 15.09% (Q4 2025), and 16.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 14.71%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 24.19%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 52.50%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 10.29%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 14.06%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 3.91%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 17.54%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 81.97%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 4.69%
10 Noodles 83.06 Mn 81.61 Mn 98.07 Mn -13.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.72%
Dec 30, 2025 -15.09%
Sep 30, 2025 -16.06%
Jul 1, 2025 -15.89%
Apr 1, 2025 -13.48%
Dec 31, 2024 -10.73%
Oct 1, 2024 -9.17%
Jul 2, 2024 -6.29%
Apr 2, 2024 -1.72%
Jan 2, 2024 -0.94%
Oct 3, 2023 0.37%
Jul 4, 2023 0.31%
Apr 4, 2023 -1.76%
Sep 27, 2022 -2.56%
Jun 28, 2022 -1.20%
Mar 29, 2022 0.41%
Dec 28, 2021 2.18%
Sep 28, 2021 2.39%
Jun 29, 2021 0.78%
Mar 30, 2021 -5.80%