Growth Metrics

Natural Grocers by Vitamin Cottage (NGVC) Net Margin (2016 - 2025)

Natural Grocers by Vitamin Cottage's Net Margin history spans 15 years, with the latest figure at 3.38% for Q4 2025.

  • For Q4 2025, Net Margin rose 37.0% year-over-year to 3.38%; the TTM value through Dec 2025 reached 3.58%, up 74.0%, while the annual FY2025 figure was 3.49%, 76.0% up from the prior year.
  • Net Margin for Q4 2025 was 3.38% at Natural Grocers by Vitamin Cottage, down from 3.51% in the prior quarter.
  • Across five years, Net Margin topped out at 3.9% in Q1 2025 and bottomed at 0.79% in Q3 2022.
  • The 5-year median for Net Margin is 2.58% (2023), against an average of 2.53%.
  • The largest annual shift saw Net Margin skyrocketed 184bps in 2021 before it plummeted -186bps in 2022.
  • A 5-year view of Net Margin shows it stood at 3.22% in 2021, then tumbled by -51bps to 1.57% in 2022, then soared by 64bps to 2.57% in 2023, then increased by 17bps to 3.01% in 2024, then grew by 12bps to 3.38% in 2025.
  • Per Business Quant, the three most recent readings for NGVC's Net Margin are 3.38% (Q4 2025), 3.51% (Q3 2025), and 3.53% (Q2 2025).