Natural Grocers by Vitamin Cottage, Inc. (NGVC)
Consumer Defensive · Grocery Stores · NYSE
Natural Grocers by Vitamin Cottage, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $705.50M | $769.03M | $849.04M | $903.58M | $1.04B | $1.06B | $1.09B | $1.14B | $1.24B | $1.33B |
| Gross profit | $201.77M | $212.34M | $225.57M | $238.75M | $283.14M | $292.19M | $304.88M | $326.93M | $364.81M | $397.88M |
| Net income | $11.47M | $6.89M | $12.66M | $9.42M | $20.01M | $20.58M | $21.36M | $23.24M | $33.94M | $46.44M |
| Net margin | 1.6% | 0.9% | 1.5% | 1.0% | 1.9% | 1.9% | 2.0% | 2.0% | 2.7% | 3.5% |
Source: Natural Grocers by Vitamin Cottage, Inc. SEC filings (10-K). 15 years of history available in the interactive view.
What growth is priced into NGVC stock?
At today's market cap of $722.44M, Natural Grocers by Vitamin Cottage, Inc. is priced for free-cash-flow growth of about 13.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $23.93M from the FY ending 2025-09-30). For comparison, free cash flow actually grew -9.7%/yr over the last five fiscal years and revenue 5.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 15 years of Natural Grocers by Vitamin Cottage, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Natural Grocers by Vitamin Cottage, Inc. financial history by metric
About Natural Grocers by Vitamin Cottage, Inc.
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; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; 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 name-brand supplements, as well as 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; household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers; and books and handouts. The company operates its retail stores under the Natural Grocers, Vitamin Cottage, Health Hotline, Natural Grocers by Vitamin Cottage trademark, as well as Vitamin Cottage Natural Grocers and Health Hotline trademarks. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. The company was formerly known as Vitamin Cottage Natural Food Markets, Inc. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.
Natural Grocers by Vitamin Cottage, Inc. — frequently asked questions
What is Natural Grocers by Vitamin Cottage, Inc.'s revenue?
Natural Grocers by Vitamin Cottage, Inc. (NGVC) reported revenue of $1.33B for fiscal year 2025, up 7.2% from the prior year, according to its SEC filings.
Is Natural Grocers by Vitamin Cottage, Inc. profitable?
Yes. NGVC earned net income of $46.44M in fiscal 2025, a net margin of 3.5%.
What is NGVC's P/E ratio?
Natural Grocers by Vitamin Cottage, Inc. trades at a price-to-earnings ratio of about 15.1 based on the latest data in our nightly-refreshed cache.
How fast is Natural Grocers by Vitamin Cottage, Inc. growing?
NGVC's revenue grew at roughly 5.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Natural Grocers by Vitamin Cottage, Inc. have?
As of fiscal year 2025, NGVC carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Natural Grocers by Vitamin Cottage, Inc.'s gross margin?
NGVC's gross margin was 29.9% in fiscal 2025 — gross profit of $397.88M on revenue of $1.33B.
What is Natural Grocers by Vitamin Cottage, Inc.'s market cap?
Natural Grocers by Vitamin Cottage, Inc. (NGVC) has a market capitalization of about $722.44M, based on the latest data in our nightly-refreshed cache.
When does Natural Grocers by Vitamin Cottage, Inc.'s fiscal year end?
NGVC's fiscal year ends in September. Its most recent annual filing covers the fiscal year ending 2025-09-30.
What growth is priced into NGVC stock?
At today's market cap of $722.44M, Natural Grocers by Vitamin Cottage, Inc. is priced for free-cash-flow growth of about 13.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $23.93M from the FY ending 2025-09-30). For comparison, free cash flow actually grew -9.7%/yr over the last five fiscal years and revenue 5.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Natural Grocers by Vitamin Cottage, Inc.'s official SEC filings (10-K and 10-Q), covering 15 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.