Saturday 7 November 2026 Export NGVC’s income statement to Excel — free account

Natural Grocers by Vitamin Cottage, Inc.

Natural Grocers by Vitamin Cottage, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.3 billion, up 7.19% from fiscal 2024.

Revenue: +1.84%
EPS: −5.88%
Free cash flow: +130.2%
Total debt: −0.65%

Quarter to June 2026, against a year earlier

Revenue growth 10 yrs

28.61 0.65 −2.22%

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Market cap: $674.3M
P/E: 13.9×
Fwd P/E: 13.7×
Dividend yield: —
F-score: 7/9
Altman Z: 3.82
Beneish M: −2.60
Dividend safety: 66/100

Overview

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
ROE Full definition →	+8 more TTM periods Free account	24.02%	23.81%	22.73%	21.56%
Piotroski F-Score Full definition →		7	8	7	6
ROA Full definition →		7.01%	7.26%	7.14%	7.08%
ROIC Full definition →		16.08%	16.45%	15.69%	14.92%
Return on Tangible Assets Full definition →		24.19%	23.93%	22.69%	21.37%
Average Days of Receivables Full definition →		3.28	2.72	3.57	2.88
Free Cash Flow per Share Full definition →		1.05	1.85	0.73	0.97
Free Cash Flow Full definition →		24.02	42.52	16.90	22.32
Capital Expenditures Full definition →		(31.29)	(31.23)	(45.50)	(48.41)
Other line items
Cash ROIC Full definition →		8.73%	14.82%	5.71%	7.44%
Accounts Receivable Turnover Full definition →		108.30	122.33	104.74	114.73
Accounts Payable Turnover Full definition →		11.02	11.76	10.34	10.99
Inventory Turnover Full definition →		7.36	7.52	7.38	7.28
Average Days of Payables Full definition →		31.69	32.66	34.84	34.62
Days of Inventory on Hand Full definition →		52.02	49.75	50.40	52.23
Tax Rate Full definition →		(0.21)	(0.21)	(0.21)	(0.21)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		25.16%	24.97%	24.93%	24.75%
Share Based Compensation of Revenue Full definition →		0.30%	0.25%	0.26%	0.27%
Interest Coverage Full definition →		20.24	22.18	23.34	23.39
Operating CF/Net income Full definition →		1.19	1.54	1.30	1.48
Depreciation/Fixed assets Full definition →		0.17	0.17	0.16	0.16
Capex/Depreciation Full definition →		(0.98)	(0.98)	(1.42)	(1.49)
Revenue per Share Full definition →		58.02	58.07	58.08	58.32
Operating CF per Share Full definition →		2.41	3.21	2.71	3.07
Capex per Share Full definition →		(1.36)	(1.36)	(1.98)	(2.10)
Capex to Sales Full definition →		0.02	0.02	0.03	0.04

Show all line items

Columns are period end dates

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