NOODLES price to free cash flow NDLS

Market value divided by free cash flow over the last twelve months, since 2019.

Today, Oct 23, 2026: 18.3×
7-year median: 31.0×
Against its 7-year history: 11th; percentile: 0 is its lowest day, 100 its highest
7-year range: 11.9× to 198×
Peer median: 10.7×

NOODLES' price to free cash flow is 18.3× as of Oct 23, 2026.

That is below its 7-year median of 31.0×, lower than on 89% of days in the last 7 years.

Over that time it ranged from 11.9× in Apr 2020 to 198× in May 2021.

The median for 8 restaurant stocks of a similar size is 10.7×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	18.3×	18.3×	29.5×
2025	n/m a value too high to mean anything
2024	n/m a value too high to mean anything
2023	n/m a value too high to mean anything
2022	123×	13.1×	159×
2021	26.2×	26.2×	198×
2020	40.8×	11.9×	46.4×
2019	29.5×	29.5×	33.5×

Against its peers

Companies in Restaurants nearest NOODLES' size, closest first, today.

Company	Price to free cash flow
NDLSNOODLES	18.3×
JACKJack in the Box	7.5×
PTLOPortillo's	n/m
GTIMGood Times Restaurants	5.2×
NATHNathans Famous	21.9×
LOCOEl Pollo Loco	10.7×
BRCBBlack Rock Coffee Bar	n/m
PZZAPapa Johns International	17.4×
FWRGFirst Watch Restaurant	n/m
Peer median	10.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on NOODLES

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.