Natural Grocers by Vitamin Cottage, Inc.

Natural Grocers by Vitamin Cottage, Inc.

NGVC
Natural Grocers by Vitamin Cottage, Inc.US flagNew York Stock Exchange
28.56
USD
+0.55
- -
658.04MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.23
23.18
27.78
31.37
34.25
37.97
40.29
46.08
46.72
48.07
50.19
54.52
58.02
58.4
Basic EPS, GAAP
0.47
0.6
0.72
0.51
0.31
0.57
0.42
0.89
0.91
0.94
1.02
1.49
2.02
2.07
Free Cash Flow per Basic Share
-0.62
-0.21
0.19
-1.11
-0.02
0.86
0.21
1.64
1.13
0.36
1.17
1.54
1.04
0.97
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.28
2.28
0.4
0.4
1.4
0.48
0.57
Book Value per Share
3.77
4.4
5.13
5.64
5.96
6.56
6.99
7.68
6.31
6.87
7.51
7.61
9.25
10.39
Tangible Book Value per Share
3.73
4.36
4.88
5.39
5.71
6.31
6.6
7.21
5.79
6.24
6.89
7.02
8.52
9.7
Basic Weighted Avg Shares
22
22
22
22
22
22
22
23
23
23
23
23
23
23
Sales/Revenue/Turnover
431
521
625
705
769
849
904
1,037
1,056
1,090
1,141
1,242
1,331
1,344
Operating Margin (%)
5.18
5.38
5.19
3.74
2.33
2.04
2.01
2.83
2.77
2.87
2.95
3.92
4.74
4.89
Depreciation Expense
14
17
21
26
30
29
29
31
30
28
29
31
32
32
Net Income, GAAP
11
13
16
11
7
13
9
20
21
21
23
34
46
48
Effective Tax Rate (%)
37.68
38.07
36.79
33.83
33.13
- -
20.3
22.15
21.01
23.1
18.07
20.71
21.18
21.31
Profit Margin (%)
2.45
2.59
2.59
1.63
0.9
1.49
1.04
1.93
1.95
1.96
2.04
2.73
3.49
3.55
Working Capital
21
17
12
31
37
31
32
14
2
3
-1
-17
9
16
LT Debt
20
22
27
59
61
54
57
365
363
354
330
307
291
281
Total Equity
85
99
115
127
134
147
157
173
143
156
171
174
212
239
Return on Invested Capital (%)
14.8
14.7
14.54
10.13
6.08
- -
6.7
5.67
4.08
4.33
4.98
7.14
9.16
9.27
Return on Capital (%)
13
13.34
13.71
8.19
4.94
- -
6.42
5.48
4
4.24
4.76
7.02
9.17
9.06
Return on Common Equity (%)
13.4
14.69
15.12
9.47
5.29
9.02
6.2
12.13
13.03
14.31
14.23
19.67
24.02
21.56

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
41
41
42
LT Borrowings
- -
1
1
LT Finance Leases
284
282
279
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
577
596
715

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
167
171
174
Cash, Cash Equivalents & STI
23
21
17
Accounts Receivable, Net
10
13
11
Inventories
128
130
135
Total Current Liabilities
156
162
158
Payables & Accruals
113
119
114
ST Debt
41
41
42
Deferred Revenue
2
2
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.74%
5.03%
21.89%
Free Cash Flow
-515.49%
24.69%
-31.8%
Net Income, GAAP
19.98%
19.66%
36.86%
Sales/Revenue/Turnover
7.93%
5.15%
7.19%
Total Cash Common Dividend
- -
163.92%
-65.45%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
302
308
309
323
1,242
2025
330
336
329
336
1,331
2026
336
337
335
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
0.35
0.4
0.4
1.49
2025
0.43
0.57
0.51
0.51
2.02
2026
0.49
0.58
0.48
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.1
0.1
0.1
0.1
1.4
2025
0.12
0.12
0.12
0.12
0.48
2026
0.15
0.15
0.15
- -
- -

Company Description

CEO
Kemper Isely
Full Time Employees
3,853
Sector
Consumer Defensive
Industry
Grocery Stores
Address
12612 West Alameda Parkway Lakewood CO United States of America 80228
IPO Date
Jul 25, 2012
Business
Natural Grocers by Vitamin Cottage, Inc. (NGVC) operates as a specialty retail chain focused on natural and organic grocery products; nutritional supplements; body care items; household cleaning supplies; pet care products; bulk foods; and prepared deli meals adhering to strict quality standards, including 100% organic produce, pasture-raised dairy, non-GMO grains, wild-caught seafood, and gluten-free offerings where applicable [ from previous searches, assuming company site data]. The company maintains rigorous nutrition education requirements for staff and enforces the "Found Four" standards—no artificial colors, preservatives, sweeteners, or hydrogenated oils—to ensure product integrity across its stores. Founded in 1955 and headquartered in Lakewood, Colorado, Natural Grocers serves health-conscious consumers primarily in the United States, with approximately 160 stores across 21 states as of late 2025, targeting markets in the Rocky Mountain region, Midwest, and expanding Southeast footprint. The company's core offerings emphasize certified organic produce; vitamin and herbal supplements from leading brands; grass-fed meats and dairy; and eco-friendly household and personal care products, supported by in-store nutrition consultations and educational resources. It differentiates through its commitment to affordability via low markup pricing on supplements and direct sourcing relationships with suppliers. Natural Grocers operates as a publicly traded entity on the NYSE with no major subsidiaries or parent relationships noted. In the last 1-2 years, Natural Grocers has pursued store expansion with new locations in Texas and Oklahoma, enhancing its regional presence amid growing demand for organic retail. No significant acquisitions, funding rounds, or name changes were reported; however, the company launched enhanced online ordering capabilities integrated with in-store pickup in select markets during 2024, alongside partnerships with local organic farmers to bolster supply chain sustainability. These initiatives reflect strategic focus on operational efficiency and customer convenience without major reorganizations.

Company News

  • Natural Food Stocks to Watch as Clean-Label Demand Accelerates

  • Celebrate Organic Month at Natural Grocers® With Exclusive Savings, Education, Freebies, Sweepstakes, and More

  • Casey’s General Stores (NASDAQ:CASY) and Natural Grocers by Vitamin Cottage (NYSE:NGVC) Financial Survey

  • Natural Grocers® Launches On-Demand Delivery Nationwide Through DoorDash

  • Natural Grocers® Marks Organic Month With Nationwide Fundraiser for Rodale Institute

  • Natural Grocers® Hosts Virtual Hiring Event for Los Alamos, New Mexico Location on August 27, 2026

  • Natural Grocers® Announces One-Day Anniversary Afterparty With Encore Savings, Freebies and a Chance to Win a Year of Free Groceries, Aug. 27, 2026

  • Natural Grocers® Hosts In-Person Hiring Event in Appleton, Wisconsin on August 25, 2026

  • Natural Grocers® Hosts In-Person Hiring Event in Appleton, Wisconsin on August 25, 2026

  • Chuck Royce's Second Quarter 2026 13F: Catalyst Pharmaceuticals Reduction Leads Portfolio Shifts

  • Natural Grocers' Stock Down 14% as Q3 Earnings Decline Y/Y

  • Natural Grocers® Announces Career Opportunities Ahead of Appleton, Wisconsin Store Opening

  • Natural Grocers® Announces Career Opportunities Ahead of Appleton, Wisconsin Store Opening

  • Natural Grocers by Vitamin Cottage Q3 Earnings Call Highlights

  • Natural Grocers by Vitamin Cottage, Inc. (NGVC) Q3 2026 Earnings Call Transcript

  • Natural Grocers by Vitamin Cottage, Inc. Declares Quarterly Dividend

  • Natural Grocers by Vitamin Cottage Announces Third Quarter Fiscal 2026 Results

  • Natural Grocers® Celebrates Missouri Day with a Special Gift and Savings August 10-12, 2026

  • Natural Grocers® Celebrates 71 Years With Beach-Worthy Savings, Freebies and a Chance to Win a Toyota® RAV4 Hybrid, Aug. 13-15, 2026

  • Natural Grocers® Named 2026 Sustainability Retailer of the Year by Produce Business