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Side-by-side financial comparison of Chatham Lodging Trust (CLDT) 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 $67.7M, roughly 1.8× Chatham Lodging Trust). Chatham Lodging Trust runs the higher net margin — 6.8% vs -7.5%, a 14.3% gap on every dollar of revenue. On growth, NOODLES & Co posted the faster year-over-year revenue change (-4.1% vs -9.8%). Over the past eight quarters, Chatham Lodging Trust's revenue compounded faster (-0.5% CAGR vs -1.2%).
Chatham Lodging Trust is a publicly traded real estate investment trust that invests in, owns, and operates upscale extended-stay and select-service premium hotel properties primarily across high-demand urban and suburban markets in the United States. Its portfolio targets assets with strong occupancy rates and steady cash flow from business and leisure traveler segments.
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.
CLDT vs NDLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $67.7M | $122.1M |
| Net Profit | $4.6M | $-9.2M |
| Gross Margin | — | — |
| Operating Margin | 15.9% | -5.2% |
| Net Margin | 6.8% | -7.5% |
| Revenue YoY | -9.8% | -4.1% |
| Net Profit YoY | 369.9% | 32.8% |
| EPS (diluted) | $0.05 | $-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 | $67.7M | — | ||
| Q3 25 | $78.4M | $122.1M | ||
| Q2 25 | $80.3M | $123.8M | ||
| Q1 25 | $68.6M | — | ||
| Q4 24 | $75.1M | $122.8M | ||
| Q3 24 | $87.2M | $127.4M | ||
| Q2 24 | $86.5M | $121.4M | ||
| Q1 24 | $68.4M | $124.3M |
| Q4 25 | $4.6M | — | ||
| Q3 25 | $3.5M | $-9.2M | ||
| Q2 25 | $5.4M | $-9.1M | ||
| Q1 25 | $1.5M | — | ||
| Q4 24 | $-1.7M | $-6.8M | ||
| Q3 24 | $4.3M | $-13.6M | ||
| Q2 24 | $6.8M | $-6.1M | ||
| Q1 24 | $-5.2M | $-6.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 46.1% | — | ||
| Q1 24 | 38.9% | — |
| Q4 25 | 15.9% | — | ||
| Q3 25 | 12.7% | -5.2% | ||
| Q2 25 | 14.8% | -5.2% | ||
| Q1 25 | 12.1% | — | ||
| Q4 24 | 7.5% | -3.9% | ||
| Q3 24 | 14.3% | -9.0% | ||
| Q2 24 | 16.3% | -3.4% | ||
| Q1 24 | 1.4% | -3.7% |
| Q4 25 | 6.8% | — | ||
| Q3 25 | 4.5% | -7.5% | ||
| Q2 25 | 6.7% | -7.3% | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | -2.3% | -5.5% | ||
| Q3 24 | 4.9% | -10.7% | ||
| Q2 24 | 7.9% | -5.1% | ||
| Q1 24 | -7.6% | -4.9% |
| Q4 25 | $0.05 | — | ||
| Q3 25 | $0.03 | $-0.20 | ||
| Q2 25 | $0.07 | $-0.20 | ||
| Q1 25 | $-0.01 | — | ||
| Q4 24 | $-0.08 | $-0.15 | ||
| Q3 24 | $0.05 | $-0.30 | ||
| Q2 24 | $0.10 | $-0.14 | ||
| Q1 24 | $-0.15 | $-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 | $24.4M | $4.7M |
| Total DebtLower is stronger | $338.9M | — |
| Stockholders' EquityBook value | $740.8M | $-38.9M |
| Total Assets | $1.2B | $280.6M |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.4M | — | ||
| Q3 25 | $13.2M | $4.7M | ||
| Q2 25 | $17.2M | $1.4M | ||
| Q1 25 | $18.6M | — | ||
| Q4 24 | $20.2M | $3.3M | ||
| Q3 24 | $19.3M | $1.8M | ||
| Q2 24 | $10.6M | $1.3M | ||
| Q1 24 | $72.3M | $3.0M |
| Q4 25 | $338.9M | — | ||
| Q3 25 | $338.8M | — | ||
| Q2 25 | $351.2M | — | ||
| Q1 25 | $381.1M | — | ||
| Q4 24 | $406.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $740.8M | — | ||
| Q3 25 | $749.4M | $-38.9M | ||
| Q2 25 | $754.1M | $-13.9M | ||
| Q1 25 | $754.7M | — | ||
| Q4 24 | $758.2M | $3.7M | ||
| Q3 24 | $765.3M | $9.6M | ||
| Q2 24 | $766.5M | $21.9M | ||
| Q1 24 | $765.0M | $27.2M |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $280.6M | ||
| Q2 25 | $1.2B | $319.4M | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | $340.5M | ||
| Q3 24 | $1.3B | $346.3M | ||
| Q2 24 | $1.3B | $360.4M | ||
| Q1 24 | $1.3B | $368.1M |
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.54× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $64.1M | $4.3M |
| Free Cash FlowOCF − Capex | — | $-2.8M |
| FCF MarginFCF / Revenue | — | -2.3% |
| Capex IntensityCapex / Revenue | — | 5.8% |
| Cash ConversionOCF / Net Profit | 13.90× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.1M | — | ||
| Q3 25 | $25.6M | $4.3M | ||
| Q2 25 | $22.1M | $4.0M | ||
| Q1 25 | $4.2M | — | ||
| Q4 24 | $73.8M | $5.8M | ||
| Q3 24 | $28.8M | $4.7M | ||
| Q2 24 | $25.2M | $7.0M | ||
| Q1 24 | $6.9M | $164.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | $-2.8M | ||
| Q2 25 | — | $1.1M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $-4.5M | ||
| Q2 24 | — | $-1.6M | ||
| Q1 24 | — | $-15.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -3.5% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | — | -12.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | — | 12.3% |
| Q4 25 | 13.90× | — | ||
| Q3 25 | 7.24× | — | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.78× | — | ||
| Q2 24 | 3.68× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLDT
| Occupancy | $61.5M | 91% |
| Hotel Other | $4.2M | 6% |
| Food And Beverage | $1.8M | 3% |
| Hotel | $1.1M | 2% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
