Natural Grocers by Vitamin Cottage (NGVC) Asset Utilization Ratio (2012 - 2026)
Natural Grocers by Vitamin Cottage's Asset Utilization Ratio was 1.96 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 1.6% from 1.99 a year earlier and down 0.9% from the prior quarter.
Natural Grocers by Vitamin Cottage (NGVC) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Asset Utilization Ratio at Natural Grocers by Vitamin Cottage came in at 2.01, up 7.1% from FY2024.
- Asset Utilization Ratio has now increased for four consecutive fiscal years.
- In earlier fiscal years, Asset Utilization Ratio was 1.87 in FY2024 (+9.5%), 1.71 in FY2023 (+3.6%), 1.65 in FY2022 (+4.7%) and 1.58 in FY2021 (-23.2%).
- The fiscal Q3 2026 figure marks the lowest quarterly Asset Utilization Ratio since fiscal Q1 2025.
- Compared with a year earlier, Asset Utilization Ratio was higher in seven of the last eight quarters, with growth averaging 5.7%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q1 2025 (growth of 11.7%); the worst was fiscal Q3 2026 (a decline of 1.6%).
- Per Business Quant data, NGVC's Asset Utilization Ratio in the three fiscal quarters before Q3 2026 was 1.98 (Q2 2026), 2.00 (Q1 2026) and 2.00 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 847.32 Bn | 810.03 Bn | 49.13 Bn | 2.52 |
| 2 | Costco Wholesale | 410.07 Bn | 339.37 Bn | 9.01 Bn | 3.45 |
| 3 | Sysco | 37.60 Bn | 31.85 Bn | 4.13 Bn | 3.00 |
| 4 | Kroger | 35.90 Bn | 22.05 Bn | 7.86 Bn | 2.76 |
| 5 | Dollar General | 27.06 Bn | 21.73 Bn | 3.68 Bn | 1.37 |
| 6 | Caseys General Stores | 22.17 Bn | 20.17 Bn | 1.24 Bn | 2.07 |
| 7 | Dollar Tree | 21.26 Bn | 17.89 Bn | 2.10 Bn | 1.44 |
| 8 | US Foods Holding | 20.27 Bn | 20.07 Bn | 1.92 Bn | 2.82 |
| 9 | Tractor Supply | 16.44 Bn | 15.61 Bn | 1.68 Bn | 1.32 |
| 10 | Natural Grocers by Vitamin Cottage | 700.36 Mn | 621.85 Mn | 98.01 Mn | 1.96 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 |
| Mar 31, 2026 | 1.98 |
| Dec 31, 2025 | 2.00 |
| Sep 30, 2025 | 2.00 |
| Jun 30, 2025 | 1.99 |
| Mar 31, 2025 | 1.98 |
| Dec 31, 2024 | 1.95 |
| Sep 30, 2024 | 1.90 |
| Jun 30, 2024 | 1.85 |
| Mar 31, 2024 | 1.80 |
| Dec 31, 2023 | 1.74 |
| Sep 30, 2023 | 1.72 |
| Jun 30, 2023 | 1.71 |
| Mar 31, 2023 | 1.69 |
| Dec 31, 2022 | 1.65 |
| Sep 30, 2022 | 1.64 |
| Jun 30, 2022 | 1.65 |
| Mar 31, 2022 | 1.65 |
| Dec 31, 2021 | 1.63 |
| Sep 30, 2021 | 1.62 |
Natural Grocers by Vitamin Cottage Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NGVC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NGVC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();