NGVCNYSERetail-Grocery StoresFiscal year ends September 30

Natural Grocers by Vitamin Cottage, Inc.

Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$29.75−0.86 (-2.81%)

Close on Oct 19, 2026

Market cap: $692.09M
P/E (TTM): 14.4
Dividend yield: –

Natural Grocers by Vitamin Cottage, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30	FY 2020 2020-09-30	FY 2019 2019-09-30	FY 2018 2018-09-30	FY 2017 2017-09-30	FY 2016 2016-09-30	FY 2015 2015-09-30	FY 2014 2014-09-30	FY 2013 2013-09-30	FY 2012 2012-09-30	FY 2011 2011-09-30
Revenue	1,331	1,242	1,141	1,090	1,056	1,037	904	849	769	705	625	521	431	336	265
Gross Profit	398	365	327	305	292	283	239	226	212	202	182	152	126	99	77
General & Administrative	44	39	36	32	28	27	23	22	20	19	18	15	13	13	10
Advertising Expenses	7.00	7.90	6.90	6.20	6.30	6.60	8.20	8.20	11	11	9.30	7.80	6.20	5.10	5.40
Operating Expenses	317	296	274	–	–	–	–	–	–	–	–	–	–	–	–
Operating Income	62	47	32	30	28	28	17	15	14	20	29	24	19	12	7.41
Interest Expense	3.06	4.18	3.30	2.37	2.27	2.05	4.95	4.56	3.79	3.04	2.99	2.50	2.17	0.57	0.67
Interest & Investment Income	–	–	–	–	–	–	–	–	–	–	–	0.00	0.01	0.01	0.01
Asset Impairment Charges	0.10	2.20	1.30	2.90	1.10	0.60	0.40	0.59	0	0	0	0	0	–	–
Gain (Loss) on Sale of Assets	0.03	-0.01	-0.38	-0.08	-0.21	0.04	0.13	0	0.02	0.00	-0.06	0.00	-0.04	-0.30	0.03
Pretax Income	59	43	28	28	26	26	12	10	10	17	26	22	17	11	6.78
Income Tax Expense	12	8.87	5.13	6.42	5.48	5.69	2.40	-2.17	3.41	5.86	9.43	8.28	6.38	3.96	2.17
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	–	–	11	16	13	11	7.48	4.61
Minority Interest in Earnings	–	–	–	–	–	–	–	–	–	–	–	–	–	0.83	1.11
Net Income	46	34	23	21	21	20	9.42	13	6.89	11	16	–	–	–	–
Net Income to Common	46	34	23	21	21	20	9.42	13	6.89	11	16	13	11	6.65	3.50
EPS (Basic)(per share)	2.02	1.49	1.02	0.94	0.91	0.89	0.42	0.57	0.31	0.51	0.72	0.60	0.47	0.30	0.16
EPS (Diluted)(per share)	2.00	1.47	1.02	0.94	0.91	0.89	0.42	0.56	0.31	0.51	0.72	0.60	0.47	0.30	0.16
Shares Outstanding (Basic, Weighted)(shares)	23	23	23	23	23	23	22	22	22	22	22	22	22	22	22
Shares Outstanding (Diluted, Weighted)(shares)	23	23	23	23	23	23	23	22	22	23	23	22	22	22	22
EBITDA	94	78	61	58	58	59	46	44	44	46	50	41	33	22	15

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 29.6%
Operating margin: 4.7%
Net margin: 3.5%
Return on equity, FY2025: 24.0%

Financial strength

Current ratio: 1.10
Debt to equity: 0.01
Debt to assets: 0.2%
Cash to current liabilities: 11.0%

Valuation

P/E ratio: 14.4
Price to sales: 0.52
Price to book: 2.89
Dividend yield: –