Noble Romans Inc (NROM) Operating Leases (2019 - 2026)
Noble Romans (NROM) reported Operating Leases of $2.31 million for Q1 2026, down 29.9% from $3.3 million a year earlier and down 9.7% from the prior quarter.
Noble Romans Inc (NROM) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Noble Romans posted Operating Leases of $2.56 million, down 26.9% from FY2024.
- Operating Leases has declined for five consecutive years, with a five-year compound annual growth rate of -15.2% (FY2020 to FY2025).
- By year, Operating Leases came in at $3.51 million in FY2024 (-19.9%), $4.38 million in FY2023 (-14.2%), $5.1 million in FY2022 (-8.4%) and $5.57 million in FY2021 (-5.0%).
- The Q1 2026 figure ranks as the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year over year, Operating Leases has now declined in each of the last 18 quarters, with an average decline of 22.9% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q2 2021 (growth of 18.6%); the low point was Q1 2026 (a decline of 29.9%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $2.56 million (Q4 2025), $2.77 million (Q3 2025) and $2.97 million (Q2 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.31 Mn |
| Dec 31, 2025 | 2.56 Mn |
| Sep 30, 2025 | 2.77 Mn |
| Jun 30, 2025 | 2.97 Mn |
| Mar 31, 2025 | 3.30 Mn |
| Dec 31, 2024 | 3.51 Mn |
| Sep 30, 2024 | 3.73 Mn |
| Jun 30, 2024 | 3.95 Mn |
| Mar 31, 2024 | 4.17 Mn |
| Dec 31, 2023 | 4.38 Mn |
| Sep 30, 2023 | 4.57 Mn |
| Jun 30, 2023 | 4.76 Mn |
| Mar 31, 2023 | 4.93 Mn |
| Dec 31, 2022 | 5.10 Mn |
| Sep 30, 2022 | 5.37 Mn |
| Jun 30, 2022 | 5.55 Mn |
| Mar 31, 2022 | 5.73 Mn |
| Dec 31, 2021 | 5.57 Mn |
| Sep 30, 2021 | 5.49 Mn |
| Jun 30, 2021 | 5.62 Mn |
Noble Romans Inc Operating Leases 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=operating-leases&ticker=NROM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "NROM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=NROM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();