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Noodles (Noodles) Operating Margin % : -2.50% (As of Dec. 2023)


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What is Noodles Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Noodles's Operating Income for the three months ended in Dec. 2023 was $-3.1 Mil. Noodles's Revenue for the three months ended in Dec. 2023 was $124.3 Mil. Therefore, Noodles's Operating Margin % for the quarter that ended in Dec. 2023 was -2.50%.

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

NDLS' s Operating Margin % Range Over the Past 10 Years
Min: -3.51   Med: 1.02   Max: 6.13
Current: 0.57


NDLS's Operating Margin % is ranked worse than
73.56% of 348 companies
in the Restaurants industry
Industry Median: 4.355 vs NDLS: 0.57

Noodles's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Noodles's Operating Income for the three months ended in Dec. 2023 was $-3.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $2.9 Mil.

Warning Sign:

Noodles & Co has recorded a loss in operating income at least once over the past 3 years.


Noodles Operating Margin % Historical Data

The historical data trend for Noodles's Operating 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.

* Premium members only.

Noodles Operating Margin % Chart

Noodles Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 -3.43 2.43 1.05 0.67

Noodles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 1.37 -0.52 1.55 3.68 -2.50

Competitive Comparison of Noodles's Operating Margin %

For the Restaurants subindustry, Noodles's Operating Margin %, along with its competitors' market caps and Operating 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's Operating Margin % Distribution in the Restaurants Industry

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

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



Noodles Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Noodles's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3.371 / 503.405
=0.67 %

Noodles's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-3.111 / 124.32
=-2.50 %

* 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  (NAS:NDLS) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Noodles Operating Margin % Related Terms

Thank you for viewing the detailed overview of Noodles's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Noodles (Noodles) Business Description

Traded in Other Exchanges
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.
Executives
Michael Hynes officer: Chief Financial Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Kline Corey officer: EVP - Technology 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Thomas B West officer: EVP - Operations 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Melissa Heidman officer: EVP & General Counsel 520 ZANG STREET, UNIT D, BROOMFIELD CO 80021
Kathryn Rae Lockhart officer: Vice President & Controller 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Jeffrey W Jones director P O BOX 7, VAIL CO 81658
Shawn A Taylor director 4931 MENO PARK DRIVE, SUGARLAND TX 77479
Mill Road Capital Ii, L.p. 10 percent owner 382 GREENWICH AVE., SUITE ONE, GREENWICH CT 06830
Sue Petersen officer: EVP-Inclusion, Divers, People 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
David James Boennighausen officer: Chief Financial Officer 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Catterton-noodles Holdings, Llc 10 percent owner 599 W PUTNAM AVE, STE 200, GREENWICH CT 06831
Carl E Lukach officer: Chief Financial Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Stacey Pool officer: Chief Marketing Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021