Natural Grocers by Vitamin Cottage (NGVC) Net Margin (2011 - 2026)
Natural Grocers by Vitamin Cottage's (NGVC) quarterly Net Margin came in at 3.31% in Q2 2026, down 22.0% year-over-year from 4.24% in Q2 2025, and down 16.93% quarter-over-quarter from 3.98% in Q1 2026.
Analysis
Natural Grocers by Vitamin Cottage (NGVC) Net Margin (2011 - 2026) Analysis & Trends
Natural Grocers by Vitamin Cottage has disclosed Net Margin across 16 years of filings, most recently posting 3.31% for Q2 2026.
- In Q2 2026, Net Margin fell 22.0% year-over-year to 3.31%; the TTM figure through Jun 2026 stood at 3.55% (up 23.0% YoY), while the FY2025 annual figure was 3.49%, up 76.0% from the prior year.
- Net Margin came in at 3.31% for Q2 2026 at Natural Grocers by Vitamin Cottage, down from 3.98% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 3.98% in Q1 2026 to a low of 0.79% in Q3 2022.
- Average Net Margin over 5 years is 2.68%, with a median of 2.69% recorded in 2024.
- Year-over-year, Net Margin slumped 186 bps in 2022 and jumped 132 bps in 2025.
- Over 5 years, Net Margin stood at 1.57% in 2022, then surged by 64 bps to 2.57% in 2023, then gained by 17 bps to 3.01% in 2024, then rose by 12 bps to 3.38% in 2025, then dropped by 2 bps to 3.31% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.31% in Q2 2026, 3.98% in Q1 2026, and 3.38% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 36.98 Bn | 33.65 Bn | 8.12 Bn | 2.47% |
| 2 | Sprouts Farmers Market | 6.79 Bn | 6.57 Bn | 900.65 Mn | 5.55% |
| 3 | Albertsons Companies | 6.40 Bn | 6.20 Bn | 5.51 Bn | -2.37% |
| 4 | Weis Markets | 1.74 Bn | 1.53 Bn | 328.40 Mn | 1.79% |
| 5 | Ingles Markets | 1.55 Bn | 1.09 Bn | 332.44 Mn | 1.89% |
| 6 | Sally Beauty Holdings | 1.49 Bn | 1.31 Bn | 490.25 Mn | 5.78% |
| 7 | Grocery Outlet Holding | 1.11 Bn | 1.04 Bn | 360.72 Mn | 0.47% |
| 8 | Dingdong (Cayman) | 700.57 Mn | 434.38 Mn | 1.64 Mn | 367.53% |
| 9 | Petco Health & Wellness Company | 699.79 Mn | 406.29 Mn | 591.15 Mn | 2.25% |
| 10 | Natural Grocers by Vitamin Cottage | 640.59 Mn | 623.12 Mn | 98.01 Mn | 3.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.31% |
| Mar 31, 2026 | 3.98% |
| Dec 31, 2025 | 3.38% |
| Sep 30, 2025 | 3.51% |
| Jun 30, 2025 | 3.53% |
| Mar 31, 2025 | 3.90% |
| Dec 31, 2024 | 3.01% |
| Sep 30, 2024 | 2.79% |
| Jun 30, 2024 | 2.98% |
| Mar 31, 2024 | 2.58% |
| Dec 31, 2023 | 2.57% |
| Sep 30, 2023 | 1.99% |
| Jun 30, 2023 | 2.51% |
| Mar 31, 2023 | 2.08% |
| Dec 31, 2022 | 1.57% |
| Sep 30, 2022 | 0.79% |
| Jun 30, 2022 | 1.48% |
| Mar 31, 2022 | 2.34% |
| Dec 31, 2021 | 3.22% |
| Sep 30, 2021 | 2.65% |