NDLS (Noodles) Net Margin %: -2.76% (As of Mar. 2026)


NDLS Noodles & Co NDLS
57 GF Score
Price $14.97
GF Value $10.68
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Noodles Net Margin %?

Noodles NDLS +8.34% 57 Net Margin % is -2.76% as of Mar. 2026. GuruFocus rates NDLS with a GF Score™ of 57/100 and a GF Value™ of $10.68 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 366 Restaurants companies, Noodles ranks worse than 83.06% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Noodles's Net Income for the three months ended in Mar. 2026 was $-3.4 Mil. Noodles's Revenue for the three months ended in Mar. 2026 was $123.8 Mil. Therefore, Noodles's net margin for the quarter that ended in Mar. 2026 was -2.76%.

The historical rank and industry rank for Noodles's Net Margin % or its related term are showing as below:

NDLS' s Net Margin % Range Over the Past 10 Years
Min: -14.7   Med: -3.94   Max: 0.77
Current: -7.46


NDLS's Net Margin % is ranked worse than
83.06% of 366 companies
in the Restaurants industry
Industry Median: 2.06 vs NDLS: -7.46

Noodles  (NAS:NDLS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Noodles Net Margin % Related Terms


Noodles Net Margin % Historical Data

* Premium members only.

The historical data trend for Noodles's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Noodles Net Margin % Chart

Noodles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 -0.65 -1.96 -7.34 -8.60

Noodles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.32 -13.88 -7.50 -5.55 -2.76

NDLS vs THCH, BDL, STKS: Net Margin % Comparison

For the Restaurants subindustry, Noodles's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noodles Net Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Noodles's Net Margin % distribution charts can be found below:

* The bar in red indicates where Noodles's Net Margin % falls into.


NDLS
57GF Score
Noodles & Co NDLS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Noodles Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Noodles's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-42.568/495.089
=-8.60 %

Noodles's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-3.417/123.786
=-2.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -2.76% mean?
Noodles (NDLS) has a Net Margin % of -2.76% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Noodles and its competitors. According to the industry distribution chart, Noodles ranks #304 out of 366 companies in the Restaurants industry, placing it in the top 83.1%.
Is Noodles' Net Margin % too high?
Noodles' current Net Margin % is -2.76%. Based on the distribution chart, Noodles ranks #304 out of 366 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Noodles has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noodles' Net Margin % compare to THCH and BDL?
According to the Restaurants industry distribution chart, Noodles ranks #304 out of 366 companies for Net Margin %. This places Noodles in the lower half of its industry. The industry median Net Margin % is 2.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.06, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Noodles and its competitors. For the Restaurants industry, the median Net Margin % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noodles's current Net Margin % is -2.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noodles stock overvalued right now?
Based on GuruFocus' analysis, Noodles (NDLS) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.68, compared to a current price of $14.97 — trading 40.2% above its estimated fair value. The current Net Margin % is -2.76%. Noodles' overall GF Score™ is 57/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Noodles (NDLS), the current Net Margin % is -2.76% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Noodles (NDLS) Overvalued in 2026?

Based on GuruFocus' analysis, Noodles stock appears to be overvalued. The current stock price of $14.97 is trading 40.2% above its estimated GF Value™ of $10.68. GuruFocus considers Noodles to be Significantly Overvalued.

Key valuation signals for NDLS:

  • Net Margin %: -2.76%
  • GF Value™: $10.68 vs. price of $14.97 (40.2% above fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the NDLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noodles Business Description

Address 520 Zang Street, Suite D, Broomfield, CO, USA, 80021
Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services. It is focused on offering customers flavorful, cooked-to-order dishes in a warm and welcoming environment at an attractive value. It has approximately 340 company-owned restaurants and 83 franchise restaurants in 31 states.
57GF Score

Get the complete analysis for NDLS

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.97
Price
$10.68
GF Value