Noodles &

Noodles & FCF Conversion

The FCF Conversion Rate (FCF/EBITDA) of Noodles & (NDLS) as of Oct 10, 2026 is 12.01 %. In the previous year, FCF Conversion Rate (FCF/EBITDA) was 58.56 % — a change of -79.50% (lower).

FCF Conversion

12.01 %

YoY

-79.50%

Last updated:

FCF Conversion Rate (FCF/EBITDA) of Noodles & is 2025 12.01 % . FCF Conversion Rate (FCF/EBITDA) of Noodles & was 2024 58.56 % . It decreases by -79.50% lower compared to the previous year.

The Noodles & FCF Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

FCF Conversion
Date
FCF Conversion
Jan 1, 2018
106.53 USD
Jan 1, 2019
684.21 USD
Jan 1, 2020
11.43 USD
Jan 1, 2021
474.46 USD
Jan 1, 2022
734.13 USD
Jan 1, 2023
249.07 USD
Jan 1, 2024
58.56 USD
Jan 1, 2025
12.01 USD
The Noodles & FCF Conversion history
YEARFCF ConversionYoY
12.01 %-79.50%
58.56 %-76.49%
249.07 %-66.07%
734.13 %+54.73%
474.46 %+4,051.80%
11.43 %-98.33%
684.21 %+542.29%
106.53 %+189.46%
36.80 %+41.83%
25.95 %-42.53%
45.15 %-122.40%
-201.55 %—
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Noodles & Stock analysis

What does Noodles & do? Noodles & Co is an American fast-food chain founded in 1995 by Aaron Kennedy in Denver, Colorado. The idea came about when Kennedy was looking for a quick and healthy lunch and realized that there were no restaurants offering made-to-order noodle dishes. The business model of Noodles & Co is based on the concept of pasta and noodle dishes prepared according to the customers' desires and preferences. The company operates an open kitchen where customers have the opportunity to observe how their dishes are individually assembled and prepared. Noodles & Co offers a variety of noodle dishes, including Asian, Italian, and American variations. The dishes can be diversified with different types of noodles, sauces, and ingredients. The company emphasizes fresh ingredients and processes them as much as possible in-house. Noodles & Co is not limited to a specific market or target audience. Instead, the company has different divisions serving different target groups. The Noodle division is the core business, but also offers salads and soups. The Burger and Sandwich division caters to customers who want something handheld. The Custom Diets division aims to meet individual dietary needs. The Catering division primarily targets business customers and offers various packages for meetings, events, and celebrations. Noodles & Co also places great importance on creating a pleasant atmosphere in its restaurants. The decor is modern and stylish, aiming to create a comfortable atmosphere for customers. The company also strives to operate in an environmentally friendly manner by minimizing waste and avoiding the use of disposable materials. Although the company operates primarily in the United States and has branches in many major cities, it also has international ambitions. In 2013, the chain opened its first international location in Kuwait and has expanded to other foreign markets as well. Overall, Noodles & Co is a company that focuses on healthy and fresh food at affordable prices. The open kitchen, wide range of noodle dishes, and emphasis on individual customer needs and preferences make it a unique fast-food concept. Noodles & is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Noodles & stock

FCF Conversion Rate (FCF/EBITDA) of Noodles & is 12.01 % in 2025.

FCF Conversion Rate (FCF/EBITDA) of Noodles & changed from 58.56 % to 12.01 %, representing a -79.50% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of FCF Conversion Rate (FCF/EBITDA) Noodles & since 2006 – with annual values, charts, and detailed analysis.

FCF conversion measures how effectively EBITDA converts to free cash flow. Higher conversion indicates efficient capital allocation and low maintenance costs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare FCF Conversion Rate (FCF/EBITDA)'s Noodles & with sector peers and the industry average to assess whether it is attractive.

To evaluate FCF Conversion Rate (FCF/EBITDA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for FCF Conversion Rate (FCF/EBITDA).

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Cash Flow — Noodles &

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