Cash Flow Statement
Growth Metrics

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

Natural Grocers by Vitamin Cottage (NGVC) has disclosed Net Margin for 15 consecutive years, with 3.38% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 37.0% to 3.38% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 3.58% through Dec 2025, up 74.0% year-over-year, with the annual reading at 3.49% for FY2025, 76.0% up from the prior year.
  • Net Margin hit 3.38% in Q4 2025 for Natural Grocers by Vitamin Cottage, down from 3.51% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 3.9% in Q1 2025 to a low of 0.79% in Q3 2022.
  • Historically, Net Margin has averaged 2.53% across 5 years, with a median of 2.58% in 2023.
  • Biggest five-year swings in Net Margin: surged 184bps in 2021 and later tumbled -186bps in 2022.
  • Year by year, Net Margin stood at 3.22% in 2021, then crashed by -51bps to 1.57% in 2022, then skyrocketed by 64bps to 2.57% in 2023, then rose by 17bps to 3.01% in 2024, then increased by 12bps to 3.38% in 2025.
  • Business Quant data shows Net Margin for NGVC at 3.38% in Q4 2025, 3.51% in Q3 2025, and 3.53% in Q2 2025.