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+22.0%
5Y+28.0%
10Y+89.0%
3Y+117.0%
5Y+132.0%
10Y+305.0%
3Y+39.0%
5Y-17.0%
10Y+92.0%
Natural Grocers by Vitamin Cottage, Inc.

Natural Grocers by Vitamin Cottage, Inc. Profit Bridge

NGVC ยท NYSE
Revenue1.33B
Cost of Goods Sold (932.96M)
Gross Profit397.88M
Operating Expenses (335.89M)
Operating Income61.99M
Interest Expense (3.06M)
Other Income/Expense-3.06M
Pretax Income58.93M
Income Tax (12.48M)
Net Income46.44M
Net Income
46.44M

Profitability Analysis

Gross Margin

29.9%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

4.7%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

3.5%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

21.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

Natural Grocers by Vitamin Cottage, Inc. Income Statement

NGVC โ€ข NYSE

Natural Grocers by Vitamin Cottage, Inc. Income StatementSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
REVENUE
1.3B
1.2B
1.1B
1.1B
1.1B
1B
903.6M
849M
769M
705.5M
624.7M
520.7M
430.7M
336.4M
264.5M
226.9M
206.1M
GROSS PROFIT
(933M)
(876.8M)
(813.6M)
(784.7M)
(763.3M)
(753.7M)
(664.8M)
(623.5M)
(556.7M)
(503.7M)
(442.6M)
(369.2M)
(304.9M)
(237.3M)
(187.2M)
(159.8M)
(145.9M)
397.9M
364.8M
326.9M
304.9M
292.2M
283.1M
238.8M
225.6M
212.3M
201.8M
182.1M
151.5M
125.7M
99.1M
77.4M
67.1M
60.1M
OPERATING INCOME
(335.9M)
(317.8M)
(295.3M)
(274.7M)
(263.9M)
(253.8M)
(220.6M)
(208.2M)
(194.4M)
(175.4M)
(149.6M)
(123.5M)
(103.4M)
(86.8M)
(70M)
(58.1M)
(51.8M)
(41.4M)
(37M)
(34.4M)
(31.6M)
(28.4M)
(253.8M)
(220.6M)
(208.2M)
(194.4M)
(175.4M)
(149.6M)
(123.5M)
(103.4M)
(86.8M)
(70M)
(53M)
(51.8M)
62M
47M
31.7M
30.2M
28.3M
27.7M
16.8M
15.1M
14.1M
20.4M
28.6M
24.2M
19.1M
12.3M
7.4M
9M
8.3M
PRE-TAX INCOME
(3.1M)
(4.2M)
(3.3M)
(2.4M)
(2.3M)
(2M)
(5M)
(4.6M)
(3.8M)
(3M)
(3M)
(2.5M)
(2.2M)
(568.5K)
(669.1K)
(967.6K)
(1.1M)
-3.1M
-4.2M
-3.3M
-2.4M
-2.3M
-2M
-5M
-4.6M
-3.8M
-3M
-3M
-2.5M
-2.2M
-568K
-669K
-960.8K
-1.1M
(294.5M)
(280.8M)
(260.9M)
(243.2M)
(235.5M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-3.1M
-4.2M
-3.3M
-2.4M
-2.3M
-2M
-5M
-4.6M
-3.8M
-3M
-3M
-2.5M
-2.2M
-562.2K
-634K
-964.5K
-1.2M
58.9M
42.8M
28.4M
27.8M
26.1M
25.7M
11.8M
10.5M
10.3M
17.3M
25.6M
21.8M
16.9M
11.4M
6.8M
8.1M
7.1M
NET INCOME
(12.5M)
(8.9M)
(5.1M)
(6.4M)
(5.5M)
(5.7M)
(2.4M)
-2.2M
(3.4M)
(5.9M)
(9.4M)
(8.3M)
(6.4M)
(4M)
(2.2M)
(2.5M)
(2M)
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
6.6M
3.5M
4.4M
3.5M

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