Noodles (NDLS) Return on Invested Capital [ROIC] (2013 - 2026)
Noodles (NDLS) recorded Return on Invested Capital [ROIC] of -23.03% in Q2 2026, up 17.94 percentage points from -40.98% a year earlier and up 19.96 percentage points from the prior quarter.
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Analysis
Noodles (NDLS) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Noodles reported Return on Invested Capital [ROIC] of -39.83%, down 12.40 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -15.34 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -27.43% in FY2024 (-22.19 pp), -5.24% in FY2023 and 8.76% in FY2021 (+33.24 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in 1 of the last seven quarters, with an average year-over-year change of -16.27 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 36.65 percentage points in Q4 2021, against a drop of 28.60 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -42.99% (Q1 2026), -47.60% (Q4 2025) and -48.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn | 26.52% |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - | - |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn | 73.43% |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn | 13.74% |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn | 31.98% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 13.74% |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn | 15.15% |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn | 25.83% |
| 10 | Noodles | 82.94 Mn | 74.23 Mn | 90.30 Mn | -23.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -23.03% |
| Mar 31, 2026 | -42.99% |
| Dec 30, 2025 | -47.60% |
| Sep 30, 2025 | -48.09% |
| Jul 1, 2025 | -40.98% |
| Apr 1, 2025 | -33.06% |
| Dec 31, 2024 | -29.67% |
| Oct 1, 2024 | -24.42% |
| Jul 2, 2024 | -16.14% |
| Apr 2, 2024 | -4.47% |
| Jan 2, 2024 | -2.78% |
| Oct 3, 2023 | 1.08% |
| Jul 4, 2023 | 0.94% |
| Apr 4, 2023 | -5.62% |
| Sep 27, 2022 | -10.11% |
| Jun 28, 2022 | -4.88% |
| Mar 29, 2022 | 1.77% |
| Dec 28, 2021 | 9.36% |
| Sep 28, 2021 | 9.86% |
| Jun 29, 2021 | 3.18% |
API Access
Noodles Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=NDLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "NDLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=NDLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();