Natural Grocers by Vitamin Cottage, Inc.
NGVCNYSE
$32.73
↓ -0.6%Jul 17 close · end-of-day
Price
1Y↓ -15.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$759.8M
Enterprise Value
$740.6M
P/E
15.7
P/S
0.6
P/B
3.3
EV/EBITDA
7.7
PEG
0.5
FCF Yield
2.3%
Dividend Yield
—
Revenue (TTM)
$1.3B
Net Income (TTM)
$48.2M
Free Cash Flow (TTM)
$17.3M
Gross Margin
29.8%
Operating Margin
4.8%
Net Margin
3.6%
ROE
20.9%
ROIC
23.8%
Debt / Equity
0.0
Net Cash
$19.3M
Return 1Y
-16.3%
Company profile
Natural Grocers by Vitamin Cottage, Inc. retails natural and organic groceries, and dietary supplements. As of February 1, 2022, it operated 162 stores in 20 states. The company also offers science-based nutrition education programs.
- CEO
- Kemper Isely
- Sector
- Retail Trade
- Industry
- Retail
- Employees
- 4,170
- Headquarters
- Colorado
- Website
- naturalgrocers.com
Earnings
NGVC Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$337.4M↑ +0.5%
Diluted EPS$0.58↑ +3.6%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.0B | $1.1B | $1.1B | $1.1B | $1.2B | $1.3B |
| Gross profit | $283.1M | $292.2M | $304.9M | $326.9M | $364.8M | $397.9M |
| Operating income | $27.7M | $28.3M | $30.2M | $31.7M | $47.0M | $62.0M |
| Net income | $20.0M | $20.6M | $21.4M | $23.2M | $33.9M | $46.4M |
| Diluted EPS | $0.89 | $0.91 | $0.94 | $1.02 | $1.47 | $2.00 |
| Operating cash flow | $66.5M | $53.9M | $39.7M | $64.6M | $73.8M | $55.3M |
| Free cash flow | $39.8M | $27.5M | $11.7M | $28.0M | $36.2M | $24.1M |
| Gross margin | 27.3% | 27.7% | 28.0% | 28.7% | 29.4% | 29.9% |
| Operating margin | 2.7% | 2.7% | 2.8% | 2.8% | 3.8% | 4.7% |
| Net margin | 1.9% | 1.9% | 2.0% | 2.0% | 2.7% | 3.5% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $309.1M | $322.7M | $330.2M | $335.8M | $328.7M | $336.1M | $335.6M | $337.4M |
| Gross profit | $90.3M | $95.4M | $98.8M | $101.7M | $98.3M | $99.0M | $98.9M | $102.4M |
| Operating income | $12.8M | $12.1M | $13.3M | $17.6M | $15.6M | $15.5M | $14.6M | $18.1M |
| Net income | $9.2M | $9.0M | $9.9M | $13.1M | $11.6M | $11.8M | $11.3M | $13.4M |
| Diluted EPS | $0.40 | $0.38 | $0.43 | $0.56 | $0.50 | $0.51 | $0.49 | $0.58 |
| Operating cash flow | $12.4M | $24.5M | $2.7M | $34.1M | $2.9M | $15.6M | $21.1M | $22.7M |
| Free cash flow | $3.6M | $18.0M | -$6.9M | $27.6M | -$4.2M | $7.5M | $11.6M | $2.3M |
| Gross margin | 29.2% | 29.6% | 29.9% | 30.3% | 29.9% | 29.5% | 29.5% | 30.4% |
| Operating margin | 4.2% | 3.7% | 4.0% | 5.2% | 4.7% | 4.6% | 4.4% | 5.4% |
| Net margin | 3.0% | 2.8% | 3.0% | 3.9% | 3.5% | 3.5% | 3.4% | 4.0% |
Company news
Jul 16, 2026
Jul 9, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-29 | Isely Charity | Sale | 3,000 | $29.04 | $87,120.00 | filing |
| 2026-03-05 | Rooney David C. | Option exercise | 1,532 | $0.00 | $0.00 | filing |
| 2026-03-05 | Cerkovnik Edward | Option exercise | 1,532 | $0.00 | $0.00 | filing |
| 2026-03-05 | Buffa Sandra | Option exercise | 1,532 | $0.00 | $0.00 | filing |
| 2025-11-03 | Isely Raquel M. | Tax withholding | 1,150 | $32.09 | $36,903.50 | filing |
| 2025-11-03 | Linnane Robert | Tax withholding | 659 | $32.09 | $21,147.31 | filing |
| 2025-11-03 | Isely Charity | Tax withholding | 593 | $32.09 | $19,029.37 | filing |
| 2025-11-03 | Isely Raquel M. | Option exercise | 4,000 | $0.00 | $0.00 | filing |
| 2025-11-03 | Isely Charity | Option exercise | 2,000 | $0.00 | $0.00 | filing |
| 2025-11-03 | Linnane Robert | Option exercise | 2,000 | $0.00 | $0.00 | filing |
| 2025-10-01 | Isely Raquel M. | Tax withholding | 157 | $40.00 | $6,280.00 | filing |
| 2025-10-01 | Isely Raquel M. | Option exercise | 480 | $0.00 | $0.00 | filing |
| 2025-08-25 | Isely Lark | Sale | 500 | $41.00 | $20,500.00 | filing |
| 2025-08-19 | Isely Lark | Sale | 2,000 | $40.00 | $80,000.00 | filing |
Latest 14 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.