Natural Grocers by Vitamin Cottage, Inc.

Natural Grocers by Vitamin Cottage, Inc.

NGVCยทNYSE

$28.61

-1.7%
Consumer DefensiveGrocery Stores

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; books and handouts; and household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers. The company operates its retail stores under the Natural Grocers by Vitamin Cottage trademark. As of February 1, 2022, it operated 162 stores in 20 states. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.

At a Glance

Live Snapshot
Market Cap$659.20M
EPS2.0200
P/E Ratio14.16
Earnings Date08/06/2026
3Y+39.0%
5Y-17.0%
10Y+92.0%
3Y-1.0%
5Y+5.0%
10Y-42.0%
3Y-20.0%
5Y+10.0%
10Y-162.0%
NGVC

Natural Grocers by Vitamin Cottage, Inc. Cash Conversion Engine

NGVC ยท NYSE
Net Income46.44M
Depreciation & Amortization31.81M
Stock-Based Compensation3.96M
Change in Working Capital10.07M
Others-34.37M
Capital Expenditures-31.20M
Free Cash Flow24.10M

Cash Flow Quality Analysis

FCF Conversion Rate

51.9%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

56.4%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-31.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$10.07M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Natural Grocers by Vitamin Cottage, Inc. Cash Flow Statement

NGVC โ€ข NYSE

Natural Grocers by Vitamin Cottage, Inc. Cash Flow StatementSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
OPERATING ACTIVITIES
46.4M
33.9M
23.2M
21.4M
20.6M
20M
9.4M
12.7M
6.9M
11.5M
16.2M
13.5M
10.6M
7.5M
4.6M
5.6M
5.1M
31.8M
30.9M
28.9M
27.9M
29.6M
31.2M
29M
29.4M
29.5M
25.5M
21.3M
17.2M
13.5M
9.9M
7.8M
5.6M
4.3M
-2.6M
-4M
-1.5M
609K
864K
3.7M
4M
-6M
241K
7M
630K
-1.2M
2.5M
2.7M
3.9M
596.1K
763.2K
4M
2.8M
1.4M
1.2M
877K
1.1M
1.2M
810K
758K
879K
573K
532K
602K
780K
0.0
0.0
0.0
-34.4M
2M
1.7M
3M
1.4M
582K
262K
597K
-9K
10K
71K
-370K
-475K
-217.3K
50.2K
136.1K
206.7K
(15.9M)
(13.6M)
(5M)
(7M)
(6.7M)
(3.3M)
(4.7M)
(2M)
(2.7M)
(6.4M)
(8.2M)
(3.8M)
(3.9M)
(519K)
(12K)
(2.9M)
(0.0)
10.1M
8.1M
10.9M
-14.4M
537K
9.8M
-6.4M
5.3M
3.5M
-16M
2.2M
2.1M
-936K
4.5M
409.7K
-4.3M
1.3M
55.3M
73.8M
64.6M
39.7M
53.9M
66.5M
37.4M
42.9M
40.8M
28.8M
41M
31.7M
25.7M
25.2M
16.7M
7.6M
11.6M
INVESTING ACTIVITIES
(0.0)
-37.5M
-36.6M
-31.4M
-28.3M
-29.6M
-32.7M
-23.7M
-41.2M
-53.8M
-36.8M
-36.5M
-39.7M
-25.3M
-20.4M
-11.5M
-8.9M
(0.0)
(0.0)
(0.0)
(21K)
(89K)
(0.0)
(836K)
(34K)
(2.7M)
(19K)
-5.6M
(0.0)
(5M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-521K
-1.8M
(0.0)
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.1M
1.1M
0.0
0.0
0.0
0.0
-31M
-1.1M
-1.4M
280K
443K
27K
32K
174K
2.7M
19K
13K
500K
-500K
1.5M
-65.9K
-65.5K
-64.6K
-31M
-38.6M
-38M
-31.1M
-27.8M
-29.6M
-31.9M
-23.5M
-38.5M
-53.7M
-42.3M
-34.9M
-34.6M
-25.6M
-20.5M
-11.6M
-9M
FINANCING ACTIVITIES
-1.3M
-1.4M
-181K
-403K
-340K
-337K
-421K
-581K
-261K
-829K
-102K
-83K
0.0
58.1M
0.0
0.0
0.0
-38.3M
-11.3M
-10.8M
-10.7M
20.9M
-8M
-8.3M
-15.8M
486K
27M
-247K
-182K
-403K
-28.2M
4.7M
3.3M
-2.2M
-11M
-31.9M
-9.1M
-9.1M
-51.5M
-6.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.3M
-1.4M
-181K
-403K
-340K
-337K
-421K
-581K
-261K
-829K
-102K
-83K
-155K
(0.0)
(0.0)
(0.0)
(0.0)
34.4M
-18K
-304K
0.0
-52K
0.0
0.0
-89K
-71K
-161K
-514K
369K
151K
-12.7M
-991.5K
-1.1M
-2M
-16.1M
-44.6M
-20.4M
-20.2M
-31M
-14.6M
-8.7M
-16.4M
154K
26M
-863K
104K
-252K
17.3M
3.7M
2.3M
-4.2M
CASH FLOW SUMMARY
8.2M
-9.5M
6.3M
-11.6M
-4.9M
22.3M
-3.2M
2.9M
2.5M
1.1M
-2.2M
-3M
-9.2M
16.9M
-68K
-1.7M
-1.6M
8.9M
18.3M
12M
23.7M
28.5M
6.2M
9.4M
6.5M
4M
2.9M
5.1M
8.1M
17.3M
377.5K
445.6K
2.1M
3.7M
17.1M
8.9M
18.3M
12M
23.7M
28.5M
6.2M
9.4M
6.5M
4M
2.9M
5.1M
8.1M
17.3M
377.5K
445.6K
2.1M
24.1M
35.1M
26.5M
8.2M
25.6M
36.9M
4.6M
19.1M
-382K
-24.9M
4.3M
-4.8M
-14M
-56.3K
-3.7M
-3.9M
2.7M

SEC Filings

NGVC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 04, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 31, 2025
2025
DEF 14A

DEF 14A 2026

N/A

January 22, 2026
March 04, 2026
2026
10-K

10-K 2025 FY

FY

December 11, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 20, 2025
November 20, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 23, 2025
2025
8-K

8-K 2025

N/A

August 07, 2025
August 07, 2025
2025
Showing 1 to 10 of 179 filings