DITNYSEWholesale-Groceries, General LineFiscal year ends September 30
AMCON DISTRIBUTING CO
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$60.00+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $56.64M
- P/E (TTM)
- 31.7
- Dividend yield
- 1.11%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
6.7%+0.9 pts over 5 years
Operating margin
0.4%−0.2 pts over 5 years
Net margin
0.0%−0.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.9% | +11.9% | +13.1% | +8.2% | |
| Gross profit | +3.2% | +13.8% | +16.5% | +9.4% | |
| Operating income | -30.2% | -17.8% | +6.7% | +0.9% | |
| Net income | -86.9% | -67.6% | -36.6% | -21.5% | |
| EPS, diluted | -87.1% | -68.2% | -37.6% | -20.0% | |
| Free cash flow | -79.6% | +5.6% | -4.0% | – | |
| Dividend per share | 0.0% | -44.1% | 0.0% | +3.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.4% | 8.8% | 0.5% | |
| Return on assets | 5.2% | 3.2% | 0.1% | |
| Current ratio | 3.04 | 3.25 | 2.14 | |
| Debt to equity | 0.05 | 0.05 | 0.15 | |
| Net debt to EBITDA | 0.21× | 0.20× | 0.70× | |
| Interest coverage | 15.0× | 5.4× | 1.2× | |
| Inventory turnover | 22.3× | 14.2× | 17.7× | |
| Capex to revenue | 0.1% | 0.2% | 0.3% | |
| Diluted shares | 1M | 1M | 1M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Amcon Distributing generated $150.09M from operations and spent $70.36M on capital expenditure, dividends and share buybacks. 81% of that went back into the business.
Generated
$150.09M
Used
$70.36M
Capital expenditure$57.21M81%Dividends$11.61M16%Share buybacks$1.54M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.0%
×Asset turnover7.36×
×Equity multiplier3.40×
=Return on equity, FY20250.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.0% | 7.36× | 3.40× | 0.5% |
| FY2024 | 0.2% | 7.35× | 3.42× | 4.0% |
| FY2023 | 0.5% | 7.78× | 3.31× | 11.8% |
| FY2022 | 0.8% | 8.42× | 2.80× | 19.6% |
| FY2021 | 0.9% | 8.89× | 2.64× | 21.8% |
| FY2020 | 0.4% | 8.80× | 2.75× | 8.8% |
| FY2019 | 0.2% | 9.36× | 2.37× | 5.1% |
| FY2018 | 0.3% | 9.73× | 2.05× | 5.4% |
| FY2017 | 0.2% | 10.51× | 1.81× | 4.4% |
| FY2016 | 0.5% | 11.21× | 1.82× | 9.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$568.74K
- Cash generatingOperating cash flow above zero$18.67M
- Return on assets improvedROA up on the prior year1.2% → 0.2%
- Earnings backed by cashOperating cash flow above net income$18.67M vs $568.74K
- Less leverageLong-term debt to assets fell4.4% → 2.8%
- Better liquidityCurrent ratio rose2.46 → 2.14
- No dilutionShare count did not rise1M → 1M
- Gross margin improvedGross margin up on the prior year6.73% → 6.68%
- More efficientAsset turnover rose7.46 → 7.53