Noodles (NDLS) Tax Rate (2012 - 2026)
Noodles' (NDLS) quarterly Tax Rate came in at 0.51% in Q2 2026, down 39.0% YoY from 0.83% in Q2 2025, and down 147.85% on a QoQ basis from 0.21% in Q1 2026.
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Noodles (NDLS) Tax Rate (2012 - 2026) Analysis & Trends
Noodles (NDLS) has 15 years of Tax Rate data on file, last reported at 0.51% 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 eased to 0.51% in Q2 2026, from 0.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.45% in Q4 2023 to a low of 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 soared 1758 bps — and 2024, when it slumped 1561 bps.
- Tracing NDLS's Tax Rate over 5 years: stood at 0.13% in 2022, then surged by 13958 bps to 17.45% in 2023, then sank by 100 bps to 0.06% in 2024, then plunged by 257 bps to 0.22% in 2025, then tumbled by 130 bps to 0.51% in 2026.
- The last three Tax Rate figures came in at 0.51% (Q2 2026), 0.21% (Q1 2026), and 0.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 26.38% |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 24.33% |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | -60.04% |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | -12.33% |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 12.41% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | -12.33% |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 25.99% |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 13.53% |
| 10 | Noodles | 84.85 Mn | 83.55 Mn | 101.67 Mn | -0.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.51% |
| Mar 31, 2026 | -0.21% |
| Dec 30, 2025 | -0.22% |
| Sep 30, 2025 | -0.05% |
| Jul 1, 2025 | -0.12% |
| Apr 1, 2025 | -0.25% |
| Dec 31, 2024 | -0.06% |
| Oct 1, 2024 | 1.85% |
| Jul 2, 2024 | -0.81% |
| Apr 2, 2024 | -1.07% |
| Jan 2, 2024 | -1.16% |
| Oct 3, 2023 | 17.45% |
| Jul 4, 2023 | 2.25% |
| Apr 4, 2023 | 2.29% |
| Sep 27, 2022 | -0.13% |
| Jun 28, 2022 | 3.17% |
| Mar 29, 2022 | 1.27% |
| Dec 28, 2021 | -0.47% |
| Sep 28, 2021 | 0.61% |
| Jun 29, 2021 | 0.51% |