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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and NOODLES & Co (NDLS). Click either name above to swap in a different company.
NOODLES & Co is the larger business by last-quarter revenue ($122.1M vs $107.5M, roughly 1.1× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, FEDERAL AGRICULTURAL MORTGAGE CORP posted the faster year-over-year revenue change (6.1% vs -4.1%). Over the past eight quarters, FEDERAL AGRICULTURAL MORTGAGE CORP's revenue compounded faster (7.1% CAGR vs -1.2%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
Noodles & Company is an American fast-casual restaurant that offers international and American noodle dishes in addition to soups and salads. Noodles & Company was founded in 1995 by Aaron Kennedy and is headquartered in Broomfield, Colorado. The company went public in 2013 and recorded a $457 million revenue in 2017. In mid-2022, there were 458 Noodles & Company locations across 31 states.
AGM vs NDLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $122.1M |
| Net Profit | — | $-9.2M |
| Gross Margin | — | — |
| Operating Margin | 56.3% | -5.2% |
| Net Margin | — | -7.5% |
| Revenue YoY | 6.1% | -4.1% |
| Net Profit YoY | — | 32.8% |
| EPS (diluted) | $3.69 | $-0.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $107.5M | — | ||
| Q3 25 | $104.0M | $122.1M | ||
| Q2 25 | $102.6M | $123.8M | ||
| Q1 25 | $94.3M | — | ||
| Q4 24 | $101.3M | $122.8M | ||
| Q3 24 | $90.3M | $127.4M | ||
| Q2 24 | $89.9M | $121.4M | ||
| Q1 24 | $93.7M | $124.3M |
| Q4 25 | — | — | ||
| Q3 25 | $55.0M | $-9.2M | ||
| Q2 25 | $54.8M | $-9.1M | ||
| Q1 25 | $49.7M | — | ||
| Q4 24 | $56.5M | $-6.8M | ||
| Q3 24 | $49.8M | $-13.6M | ||
| Q2 24 | $47.1M | $-6.1M | ||
| Q1 24 | $53.7M | $-6.1M |
| Q4 25 | 56.3% | — | ||
| Q3 25 | 64.1% | -5.2% | ||
| Q2 25 | 63.8% | -5.2% | ||
| Q1 25 | 66.9% | — | ||
| Q4 24 | 67.5% | -3.9% | ||
| Q3 24 | 69.0% | -9.0% | ||
| Q2 24 | 65.9% | -3.4% | ||
| Q1 24 | 72.8% | -3.7% |
| Q4 25 | — | — | ||
| Q3 25 | 52.9% | -7.5% | ||
| Q2 25 | 53.4% | -7.3% | ||
| Q1 25 | 52.6% | — | ||
| Q4 24 | 55.8% | -5.5% | ||
| Q3 24 | 55.2% | -10.7% | ||
| Q2 24 | 52.4% | -5.1% | ||
| Q1 24 | 57.4% | -4.9% |
| Q4 25 | $3.69 | — | ||
| Q3 25 | $4.44 | $-0.20 | ||
| Q2 25 | $4.48 | $-0.20 | ||
| Q1 25 | $4.01 | — | ||
| Q4 24 | $4.62 | $-0.15 | ||
| Q3 24 | $3.86 | $-0.30 | ||
| Q2 24 | $3.68 | $-0.14 | ||
| Q1 24 | $4.28 | $-1.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.7M |
| Total DebtLower is stronger | $30.8B | — |
| Stockholders' EquityBook value | $1.7B | $-38.9M |
| Total Assets | $35.4B | $280.6M |
| Debt / EquityLower = less leverage | 17.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $1.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.3M | ||
| Q3 24 | $842.1M | $1.8M | ||
| Q2 24 | $923.0M | $1.3M | ||
| Q1 24 | $745.1M | $3.0M |
| Q4 25 | $30.8B | — | ||
| Q3 25 | $29.2B | — | ||
| Q2 25 | $28.9B | — | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.5B | — | ||
| Q3 24 | $27.2B | — | ||
| Q2 24 | $26.8B | — | ||
| Q1 24 | $26.8B | — |
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | $-38.9M | ||
| Q2 25 | $1.5B | $-13.9M | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $3.7M | ||
| Q3 24 | $1.5B | $9.6M | ||
| Q2 24 | $1.5B | $21.9M | ||
| Q1 24 | $1.5B | $27.2M |
| Q4 25 | $35.4B | — | ||
| Q3 25 | $33.4B | $280.6M | ||
| Q2 25 | $33.0B | $319.4M | ||
| Q1 25 | $31.8B | — | ||
| Q4 24 | $31.3B | $340.5M | ||
| Q3 24 | $30.6B | $346.3M | ||
| Q2 24 | $30.2B | $360.4M | ||
| Q1 24 | $29.8B | $368.1M |
| Q4 25 | 17.93× | — | ||
| Q3 25 | 17.31× | — | ||
| Q2 25 | 18.70× | — | ||
| Q1 25 | 18.39× | — | ||
| Q4 24 | 18.48× | — | ||
| Q3 24 | 18.60× | — | ||
| Q2 24 | 17.87× | — | ||
| Q1 24 | 18.11× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.1M | $4.3M |
| Free Cash FlowOCF − Capex | — | $-2.8M |
| FCF MarginFCF / Revenue | — | -2.3% |
| Capex IntensityCapex / Revenue | 0.0% | 5.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | — | ||
| Q3 25 | $74.2M | $4.3M | ||
| Q2 25 | $-47.7M | $4.0M | ||
| Q1 25 | $-49.8M | — | ||
| Q4 24 | $612.6M | $5.8M | ||
| Q3 24 | $-44.4M | $4.7M | ||
| Q2 24 | $56.1M | $7.0M | ||
| Q1 24 | $233.3M | $164.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | $-2.8M | ||
| Q2 25 | — | $1.1M | ||
| Q1 25 | — | — | ||
| Q4 24 | $607.4M | $-1.3M | ||
| Q3 24 | $-44.4M | $-4.5M | ||
| Q2 24 | $52.6M | $-1.6M | ||
| Q1 24 | $231.7M | $-15.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | 599.8% | -1.1% | ||
| Q3 24 | -49.2% | -3.5% | ||
| Q2 24 | 58.5% | -1.4% | ||
| Q1 24 | 247.3% | -12.2% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | 5.8% | ||
| Q2 25 | 0.0% | 2.4% | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 5.2% | 5.8% | ||
| Q3 24 | 0.1% | 7.2% | ||
| Q2 24 | 4.0% | 7.1% | ||
| Q1 24 | 1.7% | 12.3% |
| Q4 25 | — | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | -0.87× | — | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | — | ||
| Q3 24 | -0.89× | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 4.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
