NOODLES & Co (NDLS) stock

NDLSNasdaqRetail-Eating PlacesFiscal year ends December 29

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 24, 2026Score 2/30

$13.75−0.45 (-3.17%)

Close on Nov 12, 2026Market cap $82.04MP/E –Yield –

Noodles statistics

84 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Q3 FY2026, expected soon
Last ex-dividend date: No dividends
Fundamentals through: Jun 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $82.04M; $832.52M
Enterprise Value: $185.15M; $1.24B
PS Ratio: 0.17; 0.82
P/FCF Ratio: 21.81; 24.45
P/OCF Ratio: 6.11; 10.29

Enterprise valuationIndustry

EV / Sales: 0.37; 1.24
EV / EBITDA: 15.53; 12.22
EV / FCF: 49.23; 30.33

Share statisticsIndustry

Shares Outstanding: 6M; 35M
Shares Change (YoY): 2.33%; 0.32%
Shares Change (QoQ): 1.27%; 0.03%
Shares Held by Institutions: 47.9%; 74.9%

Short sellingIndustry

Short Interest: 194,180; –
Short Interest Change: 40.0%; -2.87%
Short % of Shares Outstanding: 3.25%; 5.90%
Days to Cover: 3.64; 3.92

Stock price statisticsIndustry

52-Week High: $19.00; –
52-Week Low: $3.57; –
20-Day Moving Average: $14.00; –
50-Day Moving Average: $13.80; –
200-Day Moving Average: $11.68; –
Average True Range (14): $0.92; –
Price Change (1 Week): -8.64%; -3.18%
Price Change (1 Month): 2.23%; 4.40%
Price Change (3 Months): -23.3%; -10.3%
Price Change (6 Months): 10.1%; 9.60%
Price Change (YTD): 143.4%; 1.28%
Price Change (1 Year): 127.3%; 5.70%
Price Change (3 Years): -39.9%; -14.4%
Price Change (5 Years): -85.4%; -45.7%
Price Change (10 Years): -62.2%; 39.2%
Average Volume (10 Days): 41,180; –
Average Volume (20 Days): 48,279; –
Average Volume (90 Days): 48,063; –
Relative Volume: 1.43; 0.73
Relative Strength Index (14): 47.4; 50.9
Volatility (1 Year): 99.9%; 55.2%
Beta (5 Years): 1.09; 1.03

MarginsIndustry

Operating Margin: -2.58%; 4.39%
Pretax Margin: -4.70%; 2.61%
Profit Margin: -4.71%; 1.93%
EBITDA Margin: 2.41%; 8.92%
FCF Margin: 0.76%; 2.38%

Returns on capitalIndustry

Return on Assets (ROA): -8.80%; 2.10%
Return on Invested Capital (ROIC): -16.1%; 12.4%
Return on Capital Employed (ROCE): -7.39%; 5.22%

Financial positionIndustry

Current Ratio: 0.29; 0.78
Quick Ratio: 0.10; 0.45
Debt / EBITDA: 8.76; 3.02
Debt / FCF: 27.76; 7.64
Net Debt / EBITDA: 8.65; 2.62
Interest Coverage: -1.22; 1.48

GrowthIndustry

Revenue Growth (YoY): 0.19%; 6.48%
Revenue Growth (3Y CAGR): -0.95%; 6.75%
Revenue Growth (5Y CAGR): 4.69%; 9.96%

EfficiencyIndustry

Asset Turnover: 1.87; 1.03
Revenue Per Employee: $76.26K; $98.45K
Profits Per Employee: -$3.59K; $2.40K
Employee Count: 6,500; 6,500
WACC: 8.99%; 8.63%

Income statement (TTM)Industry

Revenue: $495.69M; $886.68M
Operating Income: -$12.78M; $28.21M
Pretax Income: -$23.28M; $10.66M
Net Income: -$23.33M; $17.16M
EBITDA: $11.92M; $65.94M
EPS (Diluted): -$4.01; $0.34

Balance sheetIndustry

Cash & Short-Term Investments: $1.30M; $36.54M
Total Debt: $104.41M; $337.23M
Net Cash (Debt): -$103.11M; -$2.59M
Net Cash Per Share: -$17.28; -$0.26
Equity (Book Value): -$51.02M; $106.18M
Book Value Per Share: -$8.55; $2.94
Tangible Book Value: -$58.57M; $4.55M
Working Capital: -$44.45M; -$13.18M

Cash flow (TTM)Industry

Operating Cash Flow: $13.42M; $72.42M
Capital Expenditures: -$9.66M; -$66.96M
Free Cash Flow: $3.76M; $20.20M
FCF Per Share: $0.63; $0.43

Dividends and yieldsIndustry

Earnings Yield: -28.4%; 2.18%
FCF Yield: 4.58%; 3.05%

Taxes and interestIndustry

Interest Expense: $10.50M; $4.87M
Income Tax: $47.00K; $1.89M

Scores and fair valueIndustry

Altman Z-Score: 0.48; 2.08
Piotroski F-Score: 3; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	NDLS	S&P 500	Difference	NDLS per year	S&P 500 per year
1 month	-3.2%	-2.7%	−0.5 pts
3 months	-16.3%	-1.7%	−14.6 pts
Year to date	+143.4%	+11.9%	+131.6 pts
1 year	+130.8%	+12.0%	+118.8 pts
3 years	-34.4%	+78.2%	−112.6 pts	-13.1%	+21.2%
5 years	-85.4%	+73.2%	−158.7 pts	-32.0%	+11.6%
10 years	-62.2%	+309.6%	−371.9 pts	-9.3%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

0M NDLS shares were sold short on Oct 30, 2026, up 40.0% from the previous report. At recent volumes it would take 3.6 days to buy them back. Over the last 20 sessions, 41.2% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	194,180	+40.0%	53,385	3.6
Oct 15, 2026	138,699	+5.8%	40,802	3.4
Sep 30, 2026	131,140	+2.2%	30,708	4.3
Sep 15, 2026	128,293	-14.8%	22,802	5.6
Aug 31, 2026	150,546	+11.8%	34,194	4.4
Aug 14, 2026	134,681	+6.4%	62,983	2.1
Jul 31, 2026	126,551	-1.9%	95,711	1.3
Jul 15, 2026	128,982	-10.2%	31,987	4.0
Jun 30, 2026	143,622	+2.8%	40,610	3.5
Jun 15, 2026	139,697	-5.7%	32,749	4.3
May 29, 2026	148,176	+1.9%	42,469	3.5
May 15, 2026	145,388	+17.6%	76,887	1.9