Natural Grocers by Vitamin Cottage NGVC · USD
Consumer Staples · US listing · 🇺🇸 United States
29.12
+1.78%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$1.33bn
FY2016FY2025
Net income
$46.4m
FY2016FY2025
Free cash flow
$23.9m
FY2016FY2025
Shareholders' equity
$212.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33bn | $1.24bn | $1.14bn | $1.09bn | $1.06bn | $1.04bn | $903.6m | $849.0m | $769.0m | $705.5m |
| Gross profit | $397.9m | $364.8m | $326.9m | $304.9m | $292.2m | $283.1m | $238.8m | $225.6m | $212.3m | $201.8m |
| Operating income | $62.0m | $47.0m | $31.7m | $30.2m | $28.3m | $27.7m | $16.8m | $15.1m | $14.1m | $20.4m |
| Net income | $46.4m | $33.9m | $23.2m | $21.4m | $20.6m | $20.0m | $9.4m | $12.7m | $6.9m | $11.5m |
| Diluted earnings per share | 2.00 | 1.46 | 1.01 | 0.94 | 0.90 | 0.88 | 0.42 | 0.56 | 0.31 | 0.51 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $670.5m | $655.5m | $669.2m | $663.1m | $655.1m | $681.8m | $327.1m | $307.1m | $300.0m | $282.2m |
| Cash and short-term investments | $17.1m | $8.9m | $18.3m | $12.0m | $23.7m | $28.5m | $6.2m | $9.4m | $6.5m | $4.0m |
| Total liabilities | $458.1m | $481.2m | $498.3m | $507.3m | $512.3m | $508.7m | $170.2m | $160.4m | $166.1m | $155.5m |
| Debt | $49.7m | $47.2m | $58.5m | $63.6m | $66.3m | $42.3m | $58.2m | $54.3m | $61.8m | $59.3m |
| Shareholders' equity | $212.4m | $174.3m | $170.8m | $155.8m | $142.7m | $173.1m | $156.9m | $146.7m | $133.9m | $126.7m |
| Shares outstanding | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 22m | 22m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $55.3m | $73.8m | $64.6m | $39.7m | $53.9m | $66.5m | $37.4m | $42.9m | $40.8m | $28.8m |
| Capital spending | −$31.4m | −$38.7m | −$38.1m | −$31.4m | −$28.3m | −$29.6m | −$32.7m | −$23.7m | −$41.2m | −$53.8m |
| Free cash flow | $23.9m | $35.1m | $26.5m | $8.2m | $25.6m | $36.9m | $4.6m | $19.1m | −$382,000 | −$24.9m |
| Dividends paid | −$11.0m | −$31.9m | −$9.1m | −$9.1m | −$51.5m | −$6.3m | −$6.3m | −$6.3m | −$6.3m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $334.7m | $337.4m | $335.6m | $336.1m | $328.7m | $335.8m | $330.2m | $322.7m |
| Gross profit | $98.0m | $94.5m | $98.9m | $99.0m | $98.3m | $101.7m | $98.8m | $95.4m |
| Operating income | $15.0m | $18.7m | $14.6m | $15.5m | $15.6m | $17.6m | $13.3m | $12.1m |
| Net income | $11.1m | $13.4m | $11.3m | $11.8m | $11.6m | $13.1m | $9.9m | $9.0m |
| Diluted earnings per share | 0.48 | 0.58 | 0.49 | 0.51 | 0.50 | 0.56 | 0.43 | 0.39 |
| Cash from operations | $11.0m | $22.0m | $21.0m | $50.0m | $2.0m | $34.0m | $2.0m | $24.0m |
| Capital spending | −$9.0m | −$20.0m | −$9.0m | −$8.0m | −$7.0m | −$9.0m | −$9.0m | −$6.0m |
| Free cash flow | $2.0m | $2.0m | $12.0m | $42.0m | −$5.0m | $25.0m | −$7.0m | $18.0m |
| Total assets | $687.7m | $684.7m | $668.6m | $670.5m | $659.0m | $664.6m | $648.9m | $655.5m |
| Cash and short-term investments | $17.5m | $20.7m | $23.2m | $17.1m | $13.2m | $21.2m | $6.3m | $8.9m |
| Debt | $43.4m | $42.9m | $40.7m | $40.6m | $40.6m | $40.3m | $48.9m | $79.8m |
| Shareholders' equity | $239.4m | $230.9m | $220.0m | $212.4m | $202.5m | $193.0m | $181.9m | $174.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.9% | 5.1% | 7.9% |
| Operating income | 27.2% | 17.4% | 8.0% |
| Net income | 29.5% | 18.3% | 11.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 29.6% | 29.0% | 28.6% | 28.2% |
| Operating margin | 4.2% | 3.6% | 3.3% | 3.0% |
| Net margin | 3.1% | 2.6% | 2.4% | 2.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.5 | 27.1 | 15.8 | 9.8 | 15.8 | 15.6 | 23.6 | 27.4 | 29.0 | 23.3 |
| Price to sales | 0.4 | 0.7 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 |
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -34% | 128% | 81% | -34% | 11% | 27% | -42% | 95% | -30% | -38% |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 17 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 0.48 | 0.40 | 0.40 | 0.40 | 0.28 | 0.28 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.