vs
Side-by-side financial comparison of AIR LEASE CORP (AL) and NOODLES & Co (NDLS). Click either name above to swap in a different company.
AIR LEASE CORP is the larger business by last-quarter revenue ($140.8M vs $122.1M, roughly 1.2× NOODLES & Co). AIR LEASE CORP runs the higher net margin — 128.5% vs -7.5%, a 136.0% gap on every dollar of revenue. On growth, AIR LEASE CORP posted the faster year-over-year revenue change (90.4% vs -4.1%). AIR LEASE CORP produced more free cash flow last quarter ($342.1M vs $-2.8M). Over the past eight quarters, AIR LEASE CORP's revenue compounded faster (69.6% CAGR vs -1.2%).
Air Lease Corporation (ALC) is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.
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.
AL vs NDLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $140.8M | $122.1M |
| Net Profit | $180.9M | $-9.2M |
| Gross Margin | — | — |
| Operating Margin | — | -5.2% |
| Net Margin | 128.5% | -7.5% |
| Revenue YoY | 90.4% | -4.1% |
| Net Profit YoY | 60.2% | 32.8% |
| EPS (diluted) | $1.49 | $-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 | $140.8M | — | ||
| Q3 25 | $44.5M | $122.1M | ||
| Q2 25 | $53.0M | $123.8M | ||
| Q1 25 | $92.9M | — | ||
| Q4 24 | $74.0M | $122.8M | ||
| Q3 24 | $65.0M | $127.4M | ||
| Q2 24 | $57.8M | $121.4M | ||
| Q1 24 | $49.0M | $124.3M |
| Q4 25 | $180.9M | — | ||
| Q3 25 | $146.5M | $-9.2M | ||
| Q2 25 | $385.2M | $-9.1M | ||
| Q1 25 | $375.8M | — | ||
| Q4 24 | $112.9M | $-6.8M | ||
| Q3 24 | $104.0M | $-13.6M | ||
| Q2 24 | $102.9M | $-6.1M | ||
| Q1 24 | $107.9M | $-6.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | -5.2% | ||
| Q2 25 | — | -5.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | — | -9.0% | ||
| Q2 24 | — | -3.4% | ||
| Q1 24 | — | -3.7% |
| Q4 25 | 128.5% | — | ||
| Q3 25 | 329.2% | -7.5% | ||
| Q2 25 | 726.9% | -7.3% | ||
| Q1 25 | 404.5% | — | ||
| Q4 24 | 152.7% | -5.5% | ||
| Q3 24 | 160.0% | -10.7% | ||
| Q2 24 | 178.2% | -5.1% | ||
| Q1 24 | 220.2% | -4.9% |
| Q4 25 | $1.49 | — | ||
| Q3 25 | $1.21 | $-0.20 | ||
| Q2 25 | $3.33 | $-0.20 | ||
| Q1 25 | $3.26 | — | ||
| Q4 24 | $0.83 | $-0.15 | ||
| Q3 24 | $0.82 | $-0.30 | ||
| Q2 24 | $0.81 | $-0.14 | ||
| Q1 24 | $0.87 | $-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 | $466.4M | $4.7M |
| Total DebtLower is stronger | $19.7B | — |
| Stockholders' EquityBook value | $8.5B | $-38.9M |
| Total Assets | $32.9B | $280.6M |
| Debt / EquityLower = less leverage | 2.33× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $466.4M | — | ||
| Q3 25 | $452.2M | $4.7M | ||
| Q2 25 | $454.8M | $1.4M | ||
| Q1 25 | $456.6M | — | ||
| Q4 24 | $472.6M | $3.3M | ||
| Q3 24 | $460.8M | $1.8M | ||
| Q2 24 | $454.1M | $1.3M | ||
| Q1 24 | $554.4M | $3.0M |
| Q4 25 | $19.7B | — | ||
| Q3 25 | $20.2B | — | ||
| Q2 25 | $20.3B | — | ||
| Q1 25 | $19.9B | — | ||
| Q4 24 | $20.2B | — | ||
| Q3 24 | $20.2B | — | ||
| Q2 24 | $19.7B | — | ||
| Q1 24 | $19.5B | — |
| Q4 25 | $8.5B | — | ||
| Q3 25 | $8.3B | $-38.9M | ||
| Q2 25 | $8.2B | $-13.9M | ||
| Q1 25 | $7.9B | — | ||
| Q4 24 | $7.5B | $3.7M | ||
| Q3 24 | $7.7B | $9.6M | ||
| Q2 24 | $7.3B | $21.9M | ||
| Q1 24 | $7.2B | $27.2M |
| Q4 25 | $32.9B | — | ||
| Q3 25 | $33.4B | $280.6M | ||
| Q2 25 | $33.3B | $319.4M | ||
| Q1 25 | $32.4B | — | ||
| Q4 24 | $32.3B | $340.5M | ||
| Q3 24 | $32.2B | $346.3M | ||
| Q2 24 | $31.0B | $360.4M | ||
| Q1 24 | $30.9B | $368.1M |
| Q4 25 | 2.33× | — | ||
| Q3 25 | 2.42× | — | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 2.53× | — | ||
| Q4 24 | 2.68× | — | ||
| Q3 24 | 2.63× | — | ||
| Q2 24 | 2.69× | — | ||
| Q1 24 | 2.69× | — |
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 | $414.1M | $4.3M |
| Free Cash FlowOCF − Capex | $342.1M | $-2.8M |
| FCF MarginFCF / Revenue | 242.9% | -2.3% |
| Capex IntensityCapex / Revenue | 51.1% | 5.8% |
| Cash ConversionOCF / Net Profit | 2.29× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $414.1M | — | ||
| Q3 25 | $458.6M | $4.3M | ||
| Q2 25 | $473.6M | $4.0M | ||
| Q1 25 | $388.3M | — | ||
| Q4 24 | $430.0M | $5.8M | ||
| Q3 24 | $461.9M | $4.7M | ||
| Q2 24 | $413.8M | $7.0M | ||
| Q1 24 | $371.3M | $164.0K |
| Q4 25 | $342.1M | — | ||
| Q3 25 | $412.3M | $-2.8M | ||
| Q2 25 | $427.1M | $1.1M | ||
| Q1 25 | $315.5M | — | ||
| Q4 24 | $326.8M | $-1.3M | ||
| Q3 24 | $369.8M | $-4.5M | ||
| Q2 24 | $346.4M | $-1.6M | ||
| Q1 24 | $246.8M | $-15.2M |
| Q4 25 | 242.9% | — | ||
| Q3 25 | 926.6% | -2.3% | ||
| Q2 25 | 806.0% | 0.9% | ||
| Q1 25 | 339.5% | — | ||
| Q4 24 | 441.8% | -1.1% | ||
| Q3 24 | 569.1% | -3.5% | ||
| Q2 24 | 599.5% | -1.4% | ||
| Q1 24 | 503.8% | -12.2% |
| Q4 25 | 51.1% | — | ||
| Q3 25 | 104.1% | 5.8% | ||
| Q2 25 | 87.8% | 2.4% | ||
| Q1 25 | 78.4% | — | ||
| Q4 24 | 139.6% | 5.8% | ||
| Q3 24 | 141.7% | 7.2% | ||
| Q2 24 | 116.7% | 7.1% | ||
| Q1 24 | 254.3% | 12.3% |
| Q4 25 | 2.29× | — | ||
| Q3 25 | 3.13× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 3.81× | — | ||
| Q3 24 | 4.44× | — | ||
| Q2 24 | 4.02× | — | ||
| Q1 24 | 3.44× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AL
Segment breakdown not available.
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
