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Side-by-side financial comparison of LXP Industrial Trust (LXP) 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 $86.7M, roughly 1.4× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs -7.5%, a 40.7% gap on every dollar of revenue. On growth, NOODLES & Co posted the faster year-over-year revenue change (-4.1% vs -14.0%). Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -1.2%).
LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.
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.
LXP vs NDLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.7M | $122.1M |
| Net Profit | $28.8M | $-9.2M |
| Gross Margin | 81.5% | — |
| Operating Margin | 34.6% | -5.2% |
| Net Margin | 33.2% | -7.5% |
| Revenue YoY | -14.0% | -4.1% |
| Net Profit YoY | — | 32.8% |
| EPS (diluted) | — | $-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 | $86.7M | — | ||
| Q3 25 | $86.9M | $122.1M | ||
| Q2 25 | $87.7M | $123.8M | ||
| Q1 25 | $88.9M | — | ||
| Q4 24 | $100.9M | $122.8M | ||
| Q3 24 | $85.6M | $127.4M | ||
| Q2 24 | $85.8M | $121.4M | ||
| Q1 24 | $86.3M | $124.3M |
| Q4 25 | $28.8M | — | ||
| Q3 25 | $36.3M | $-9.2M | ||
| Q2 25 | $29.1M | $-9.1M | ||
| Q1 25 | $19.0M | — | ||
| Q4 24 | — | $-6.8M | ||
| Q3 24 | $6.3M | $-13.6M | ||
| Q2 24 | $5.4M | $-6.1M | ||
| Q1 24 | $-269.0K | $-6.1M |
| Q4 25 | 81.5% | — | ||
| Q3 25 | 82.3% | — | ||
| Q2 25 | 81.9% | — | ||
| Q1 25 | 80.7% | — | ||
| Q4 24 | 85.3% | — | ||
| Q3 24 | 82.5% | — | ||
| Q2 24 | 82.0% | — | ||
| Q1 24 | 82.4% | — |
| Q4 25 | 34.6% | — | ||
| Q3 25 | 50.4% | -5.2% | ||
| Q2 25 | 33.7% | -5.2% | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | 7.9% | -9.0% | ||
| Q2 24 | 6.9% | -3.4% | ||
| Q1 24 | 1.0% | -3.7% |
| Q4 25 | 33.2% | — | ||
| Q3 25 | 41.7% | -7.5% | ||
| Q2 25 | 33.2% | -7.3% | ||
| Q1 25 | 21.4% | — | ||
| Q4 24 | — | -5.5% | ||
| Q3 24 | 7.4% | -10.7% | ||
| Q2 24 | 6.3% | -5.1% | ||
| Q1 24 | -0.3% | -4.9% |
| Q4 25 | — | — | ||
| Q3 25 | $0.12 | $-0.20 | ||
| Q2 25 | $0.09 | $-0.20 | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | $0.02 | $-0.30 | ||
| Q2 24 | $0.01 | $-0.14 | ||
| Q1 24 | $-0.01 | $-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 | $170.4M | $4.7M |
| Total DebtLower is stronger | $1.4B | — |
| Stockholders' EquityBook value | $2.0B | $-38.9M |
| Total Assets | $3.5B | $280.6M |
| Debt / EquityLower = less leverage | 0.66× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $170.4M | — | ||
| Q3 25 | $229.7M | $4.7M | ||
| Q2 25 | $71.0M | $1.4M | ||
| Q1 25 | $70.9M | — | ||
| Q4 24 | $101.8M | $3.3M | ||
| Q3 24 | $55.0M | $1.8M | ||
| Q2 24 | $48.7M | $1.3M | ||
| Q1 24 | $293.8M | $3.0M |
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $-38.9M | ||
| Q2 25 | $2.1B | $-13.9M | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | $3.7M | ||
| Q3 24 | $2.1B | $9.6M | ||
| Q2 24 | $2.1B | $21.9M | ||
| Q1 24 | $2.2B | $27.2M |
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.7B | $280.6M | ||
| Q2 25 | $3.7B | $319.4M | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.8B | $340.5M | ||
| Q3 24 | $3.9B | $346.3M | ||
| Q2 24 | $3.9B | $360.4M | ||
| Q1 24 | $4.2B | $368.1M |
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | 0.75× | — | ||
| 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 | $188.7M | $4.3M |
| Free Cash FlowOCF − Capex | — | $-2.8M |
| FCF MarginFCF / Revenue | — | -2.3% |
| Capex IntensityCapex / Revenue | — | 5.8% |
| Cash ConversionOCF / Net Profit | 6.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-7.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $188.7M | — | ||
| Q3 25 | $63.5M | $4.3M | ||
| Q2 25 | $44.3M | $4.0M | ||
| Q1 25 | $39.0M | — | ||
| Q4 24 | $211.2M | $5.8M | ||
| Q3 24 | $64.6M | $4.7M | ||
| Q2 24 | $38.5M | $7.0M | ||
| Q1 24 | $38.9M | $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 | 6.56× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 2.05× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.18× | — | ||
| Q2 24 | 7.09× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LXP
Segment breakdown not available.
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
