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Side-by-side financial comparison of NOODLES & Co (NDLS) and TOOTSIE ROLL INDUSTRIES INC (TR). Click either name above to swap in a different company.
TOOTSIE ROLL INDUSTRIES INC is the larger business by last-quarter revenue ($196.3M vs $122.1M, roughly 1.6× NOODLES & Co). TOOTSIE ROLL INDUSTRIES INC runs the higher net margin — 14.7% vs -7.5%, a 22.2% gap on every dollar of revenue. On growth, TOOTSIE ROLL INDUSTRIES INC posted the faster year-over-year revenue change (1.5% vs -4.1%). TOOTSIE ROLL INDUSTRIES INC produced more free cash flow last quarter ($61.0M vs $-2.8M). Over the past eight quarters, TOOTSIE ROLL INDUSTRIES INC's revenue compounded faster (13.2% CAGR vs -1.2%).
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.
Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.
NDLS vs TR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $122.1M | $196.3M |
| Net Profit | $-9.2M | $28.8M |
| Gross Margin | — | 35.7% |
| Operating Margin | -5.2% | 17.0% |
| Net Margin | -7.5% | 14.7% |
| Revenue YoY | -4.1% | 1.5% |
| Net Profit YoY | 32.8% | 27.9% |
| 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 | — | $196.3M | ||
| Q3 25 | $122.1M | $232.7M | ||
| Q2 25 | $123.8M | $155.1M | ||
| Q1 25 | — | $148.5M | ||
| Q4 24 | $122.8M | $193.4M | ||
| Q3 24 | $127.4M | $225.9M | ||
| Q2 24 | $121.4M | $150.7M | ||
| Q1 24 | $124.3M | $153.2M |
| Q4 25 | — | $28.8M | ||
| Q3 25 | $-9.2M | $35.7M | ||
| Q2 25 | $-9.1M | $17.5M | ||
| Q1 25 | — | $18.1M | ||
| Q4 24 | $-6.8M | $22.5M | ||
| Q3 24 | $-13.6M | $32.8M | ||
| Q2 24 | $-6.1M | $15.6M | ||
| Q1 24 | $-6.1M | $15.8M |
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 34.1% | ||
| Q2 25 | — | 36.4% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 39.1% | ||
| Q3 24 | — | 34.1% | ||
| Q2 24 | — | 33.5% | ||
| Q1 24 | — | 32.7% |
| Q4 25 | — | 17.0% | ||
| Q3 25 | -5.2% | 13.9% | ||
| Q2 25 | -5.2% | 7.8% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | -3.9% | 20.0% | ||
| Q3 24 | -9.0% | 15.6% | ||
| Q2 24 | -3.4% | 10.2% | ||
| Q1 24 | -3.7% | 7.3% |
| Q4 25 | — | 14.7% | ||
| Q3 25 | -7.5% | 15.3% | ||
| Q2 25 | -7.3% | 11.3% | ||
| Q1 25 | — | 12.2% | ||
| Q4 24 | -5.5% | 11.6% | ||
| Q3 24 | -10.7% | 14.5% | ||
| Q2 24 | -5.1% | 10.4% | ||
| Q1 24 | -4.9% | 10.3% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.20 | — | ||
| Q2 25 | $-0.20 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-0.15 | — | ||
| Q3 24 | $-0.30 | — | ||
| Q2 24 | $-0.14 | — | ||
| Q1 24 | $-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 | $176.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-38.9M | $941.0M |
| Total Assets | $280.6M | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $176.6M | ||
| Q3 25 | $4.7M | $119.8M | ||
| Q2 25 | $1.4M | $170.5M | ||
| Q1 25 | — | $176.6M | ||
| Q4 24 | $3.3M | $194.6M | ||
| Q3 24 | $1.8M | $163.2M | ||
| Q2 24 | $1.3M | $131.2M | ||
| Q1 24 | $3.0M | $159.4M |
| Q4 25 | — | $941.0M | ||
| Q3 25 | $-38.9M | $918.9M | ||
| Q2 25 | $-13.9M | $893.1M | ||
| Q1 25 | — | $879.4M | ||
| Q4 24 | $3.7M | $870.7M | ||
| Q3 24 | $9.6M | $870.2M | ||
| Q2 24 | $21.9M | $841.4M | ||
| Q1 24 | $27.2M | $834.4M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $280.6M | $1.2B | ||
| Q2 25 | $319.4M | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $340.5M | $1.1B | ||
| Q3 24 | $346.3M | $1.1B | ||
| Q2 24 | $360.4M | $1.1B | ||
| Q1 24 | $368.1M | $1.1B |
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 | $4.3M | $73.3M |
| Free Cash FlowOCF − Capex | $-2.8M | $61.0M |
| FCF MarginFCF / Revenue | -2.3% | 31.1% |
| Capex IntensityCapex / Revenue | 5.8% | 6.3% |
| Cash ConversionOCF / Net Profit | — | 2.55× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.5M | $96.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $73.3M | ||
| Q3 25 | $4.3M | $62.2M | ||
| Q2 25 | $4.0M | $-8.5M | ||
| Q1 25 | — | $3.6M | ||
| Q4 24 | $5.8M | $68.8M | ||
| Q3 24 | $4.7M | $61.3M | ||
| Q2 24 | $7.0M | $-12.6M | ||
| Q1 24 | $164.0K | $21.4M |
| Q4 25 | — | $61.0M | ||
| Q3 25 | $-2.8M | $50.7M | ||
| Q2 25 | $1.1M | $-16.0M | ||
| Q1 25 | — | $750.0K | ||
| Q4 24 | $-1.3M | $64.7M | ||
| Q3 24 | $-4.5M | $55.8M | ||
| Q2 24 | $-1.6M | $-16.6M | ||
| Q1 24 | $-15.2M | $16.9M |
| Q4 25 | — | 31.1% | ||
| Q3 25 | -2.3% | 21.8% | ||
| Q2 25 | 0.9% | -10.3% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | -1.1% | 33.5% | ||
| Q3 24 | -3.5% | 24.7% | ||
| Q2 24 | -1.4% | -11.0% | ||
| Q1 24 | -12.2% | 11.0% |
| Q4 25 | — | 6.3% | ||
| Q3 25 | 5.8% | 5.0% | ||
| Q2 25 | 2.4% | 4.8% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 5.8% | 2.1% | ||
| Q3 24 | 7.2% | 2.4% | ||
| Q2 24 | 7.1% | 2.6% | ||
| Q1 24 | 12.3% | 2.9% |
| Q4 25 | — | 2.55× | ||
| Q3 25 | — | 1.74× | ||
| Q2 25 | — | -0.49× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 3.06× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | -0.81× | ||
| Q1 24 | — | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
TR
| Products | $194.3M | 99% |
| Rental And Royalty | $1.9M | 1% |
