What is Noodles & Company's free cash flow margin?

Noodles & Company (NDLS) reported free cash flow margin of -3.7% in Q2 2025.

What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

Noodles & Company NDLS Free cash flow margin

Free cash flow margin at other companies

Chipotle Mexican GrillCMG

12.4%-0.5pp

Shake ShackSHAK

1.1%-2.0pp

El Pollo LocoLOCO

5.4%+0.8pp

Portillo's Inc.PTLO

0.3%—

SweetgreenSG

-17.6%+929pp

Papa John's InternationalPZZA

1.8%—

Other financials

Income statement

See full

Revenue$123.8M0.0%

Operating income-$812.0K+87.3%

Net income-$3.4M+62.3%

EPS (diluted)-$0.58+63.3%

Balance sheet

See full

Cash & equivalents$1.4M+3.4%

Total debt$253.7M-12.6%

Total equity-$48.0M-246%

Total assets$246.3M-22.9%

Cash flow

See full

Operating cash flow$6.0M+49.2%

CapEx$2.1M-28.8%

Free cash flow$3.9M+253%

Valuation

See full

Market cap$88.09M+168%

Enterprise value$340.32M+7.9%

P/S0.2×+0.1×

Profitability

See full

Gross margin74.7%—

Operating margin-5.3%-0.6pp

Net margin-7.5%-0.4pp

Returns & leverage

See full

Return on equity-180.2%—

Debt / equity77.5×+68.6×

Current ratio0.3×0.0×

Where this comes from

Calculated from Noodles & Company’s reported figures.

free cash flow/total revenue=-3.7%

Based on trailing twelve months.

The official record: Noodles & Company’s 10-Q, filed August 14, 2025, on SEC EDGAR. View the filing →

Ask your AI about Noodles & Company's free cash flow margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Noodles & Company's free cash flow margin?: Noodles & Company (NDLS) reported free cash flow margin of -3.7% in Q2 2025.
What does free cash flow margin mean?: Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.