Noodles (NDLS) Tax Rate (2012 - 2026)
Noodles (NDLS) posted quarterly Tax Rate of 0.51% for Q2 2026, down 39.0% year-on-year from 0.83% in Q2 2025, and down 147.85% on a QoQ basis from 0.21% in Q1 2026.
Noodles (NDLS) Tax Rate (2012 - 2026) Analysis & Trends
Noodles (NDLS) has reported Tax Rate for 15 consecutive years, with 0.51% the latest figure, recorded in Q2 2026.
- Quarterly Tax Rate fell 39.0% year-over-year to 0.51% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.2% (down 38.0% YoY) and the FY2025 annual result came in at 0.15%, changed 0.0% from the prior year.
- Tax Rate retreated to 0.51% in Q2 2026 per NDLS's latest filing, from 0.21% in the prior quarter.
- Over the last five years, Tax Rate for NDLS reached as high as 17.45% in Q4 2023 and fell as low as 1.16% in Q1 2024.
- A 5-year average of 1.39% and a median of 0.12% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 1758 bps — and 2024, when it sank 1561 bps.
- Year by year, Tax Rate stood at 0.13% in 2022, then surged by 13958 bps to 17.45% in 2023, then slumped by 100 bps to 0.06% in 2024, then sank by 257 bps to 0.22% in 2025, then plunged by 130 bps to 0.51% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.51%, 0.21%, and 0.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 29.84% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 25.38% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 16.28% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 7.87% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 12.41% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 27.21% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 14.31% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 22.53% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 12.37% |
| 10 | Noodles | 76.51 Mn | 75.06 Mn | 101.67 Mn | -0.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.51% |
| Jun 30, 2026 | -0.51% |
| Jun 30, 2026 | -0.51% |
| Mar 31, 2026 | -0.21% |
| Mar 31, 2026 | -0.21% |
| Mar 31, 2026 | -0.21% |
| Dec 30, 2025 | -0.22% |
| Dec 30, 2025 | -0.22% |
| Dec 30, 2025 | -0.22% |
| Sep 30, 2025 | -0.05% |
| Sep 30, 2025 | -0.05% |
| Sep 30, 2025 | -0.05% |
| Jul 1, 2025 | -0.12% |
| Jul 1, 2025 | -0.12% |
| Jul 1, 2025 | -0.12% |
| Apr 1, 2025 | -0.25% |
| Apr 1, 2025 | -0.25% |
| Apr 1, 2025 | -0.25% |
| Dec 31, 2024 | -0.06% |
| Dec 31, 2024 | -0.06% |