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Natural Grocers By Vitamin Cottage

(NYSE) NGVC

Current Price$32.63
Market Cap$754.13MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2012)+159%
5 Year+259%
1 Year-16%
1 Month+7%
Natural Grocers By Vitamin Cottage last closing stock price
MetricPriceDate
Last closeUSD 32.732026-07-17
Natural Grocers By Vitamin Cottage stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.49%USD 32.892026-07-10
1 month+6.54%USD 30.722026-06-17
3 month+16.39%USD 28.122026-04-17
Year to date+32.09%USD 24.782025-12-31
1 year-16.34%USD 39.122025-07-17
3 year+191.3%USD 11.242023-07-18
5 year+258.5%USD 9.132021-07-16
Since inception+159.21%USD 12.632012-07-25

Natural Grocers By Vitamin Cottage Financials at a Glance

Market Cap

$754.13MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.34B

Net Income (TTM)

$48.17M

EPS (TTM)

$2.07

P/E Ratio

15.81

Dividend

$0.57

Beta (Volatility)

0.62 (Low)

Price

$32.63

Volume

122,135

Open

$33.07

Previous Close

$32.73

Daily Range

$32.49 - $33.89

52-Week Range

$23.47 - $45.98

Estimated Earnings Date

Aug 6, 2026

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About Natural Grocers By Vitamin Cottage

Natural Grocers sells healthy food and vitamins in local stores. They help families find organic produce and natural groceries. Staff members teach customers about nutrition and wellness.

What is on the Shelves?

  • Grocery Products: Organic produce, bulk foods, and private label items like pasta and frozen meals; accounts for 73% of net sales in Q1 2026.
  • Dietary Supplements: Private label and name-brand vitamins and minerals; represents 18% of net sales in Q1 2026.
  • Body and Pet Care: Natural cosmetics, skin care, and pet food; comprises 9% of net sales in Q1 2026.

Moving into New Markets

  • Opened two new stores and relocated three locations during fiscal year 2025.
  • Closed two stores in fiscal year 2025 and one store in the first quarter of fiscal year 2026.
  • Relocated one existing retail store during the three months ended December 31, 2025.
  • Maintained a total of 168 stores across 21 states as of December 31, 2025.

Why Shoppers Visit

The company uses strict quality guidelines to vet all natural and organic inventory. Expert staff provide free science-based nutrition education to help shoppers make informed choices.

Checking the Books

  • Net sales reached $335.6 million in Q1 2026, up 1.6% year-over-year.
  • Net income rose to $11.3 million in Q1 2026, a 14% increase from Q1 2025.
  • Daily average comparable store sales grew 1.7% during the three months ended December 31, 2025.
  • Operating cash flow hit $21.1 million in Q1 2026, up from $2.7 million in Q1 2025.

Bottom Line

Natural Grocers has transitioned from a small family business founded in 1955 into a multi-state retail chain. Its commitment to strict product standards and customer education remains the central focus of its business model.

AI Generated • May 4, 2026

Industry

Food and Staples Retailing

Employees

4,250

CEO

Zephyr Isely

Headquarters

Lakewood, CO 80228, US

NGVC Financials

Key Financial Metrics (TTM)

Gross Margin

29.20%

Operating Margin

4.81%

Net Income Margin

3.60%

Return on Equity

22.26%

Return on Capital

11.39%

Return on Assets

7.04%

Earnings Yield

6.33%

Dividend Yield

1.74%

Payout Ratio

25.78%

Stock Overview

Market Cap

$754.13MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

23.04M

Volume

122.14K

Avg. Volume

129.69K

Financials (TTM)

Gross Profit

$390.68M

Operating Income

$64.41M

EBITDA

$95.94M

Operating Cash Flow

$96.83M

Capital Expenditure

-$45.56M

Free Cash Flow

$51.27M

Cash & ST Invst.

$20.72M

Total Debt

$323.07M

Natural Grocers By Vitamin Cottage Performance Analysis

Natural Grocers By Vitamin Cottage annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-09-30USD 1,089,625,0003.2%
20232023-09-30USD 1,140,568,0004.7%
20242024-09-30USD 1,241,585,0008.9%
20252025-09-30USD 1,330,836,0007.2%
Natural Grocers By Vitamin Cottage sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-06-30-2.1%
Q42025-09-302.3%
Q12025-12-31-0.2%
Q22026-03-310.5%
Natural Grocers By Vitamin Cottage annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-09-30USD 0.943.3%
20232023-09-30USD 1.028.7%
20242024-09-30USD 1.4744.4%
20252025-09-30USD 2.0035.8%
Natural Grocers By Vitamin Cottage sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-06-30-10.7%
Q42025-09-302.0%
Q12025-12-31-3.9%
Q22026-03-3118.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$337.38M

+0.5%

Gross Profit

$94.51M

-7.1%

Gross Margin

28.01%

N/A

Market Cap

$754.13MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$177.44K

N/A

Employees

4,250

N/A

Net Income

$13.43M

+2.5%

EBITDA

$26.26M

+3.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$20.72M

-2.3%

Total Debt

$323.07M

-3.7%

Accounts Receivable

$13.10M

+5.2%

Inventory

$129.69M

+3.9%

Long Term Debt

$283.04M

-4.1%

Short Term Debt

$41.49M

+2.8%

Return on Assets

7.04%

N/A

Return on Invested Capital

12.33%

N/A

Free Cash Flow

$1.92M

-95.6%

Operating Cash Flow

$22.71M

-33.3%

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Questions About NGVC

What is the current price of Natural Grocers By Vitamin Cottage?

Natural Grocers By Vitamin Cottage is trading at $32.73 per share.

What is the 52-week range for Natural Grocers By Vitamin Cottage?

Over the past 52 weeks, Natural Grocers By Vitamin Cottage has traded between $23.47 and $45.98.

How much debt does Natural Grocers By Vitamin Cottage have?

As of the most recent reporting period, Natural Grocers By Vitamin Cottage reported total debt of $324.52M.

How much cash does Natural Grocers By Vitamin Cottage have on hand?

Natural Grocers By Vitamin Cottage reported $20.72M in cash and cash equivalents in its most recent financial results.

What is Natural Grocers By Vitamin Cottage’s dividend yield?

Natural Grocers By Vitamin Cottage currently has a dividend yield of 1.74%.

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