Return on Invested Capital (ROIC) Summary
Noodles &'s ROIC measures how effectively the company uses its invested capital to generate profits:
- Annual: 4.00%
- Quarterly: 0.84%
- TTM: -0.18%
What is ROIC?
Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.
Related Metrics
Other important metrics to assess Noodles &'s profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: -36.29%
- Quarterly: -141.29%
- TTM: -110.51%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: -2.68%
- Quarterly: -3.93%
- TTM: -7.28%
These metrics provide insights into Noodles &'s profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual ROIC
4.00%
Quarterly ROIC
0.84%
TTM ROIC
-0.18%
Noodles & Historical ROIC
Historical ROE
Historical ROA
Noodles & Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | ROIC | ROE | ROA |
|---|---|---|---|
| 2024 | 4.00% | -36.29% | -2.68% |
| 2023 | 1.78% | -8.64% | -0.96% |
| 2021 | 3.94% | 9.74% | 1.07% |
| 2020 | -4.37% | -78.32% | -6.58% |
| 2019 | 3.65% | 3.26% | 0.44% |
| 2019 | -3.74% | -16.02% | -4.91% |
| 2018 | -29.34% | -126.74% | -24.54% |
| 2017 | -51.49% | -277.62% | -34.22% |
| 2015 | -7.47% | -14.68% | -5.74% |
| 2014 | 6.58% | 8.16% | 4.78% |