Natural Grocers by Vitamin Cottage (NGVC) Net Margin (2011 - 2026)
Natural Grocers by Vitamin Cottage's Net Margin came in at 3.31% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 0.22 percentage points from 3.53% a year earlier and down 0.67 percentage points from the prior quarter.
Natural Grocers by Vitamin Cottage (NGVC) Net Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Natural Grocers by Vitamin Cottage reported Net Margin of 3.55%, up 0.23 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 3.49%, up 0.76 percentage points from FY2024.
- Net Margin has increased in each of the last six fiscal years, with a five-year change of +1.56 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was 2.73% in FY2024 (+0.70 pp), 2.04% in FY2023 (+0.08 pp), 1.96% in FY2022 (+0.01 pp) and 1.95% in FY2021 (+0.02 pp).
- The fiscal Q3 2026 figure represents the lowest quarterly Net Margin since fiscal Q1 2025.
- Year-over-year, Net Margin increased in seven of the last eight quarters, with an average year-over-year change of +0.51 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q1 2022 (a gain of 1.84 percentage points), and the weakest in fiscal Q4 2022 (a drop of 1.86 percentage points).
- Business Quant data shows NGVC's Net Margin at 3.98% (Q2 2026), 3.38% (Q1 2026) and 3.51% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 847.32 Bn | 810.03 Bn | 49.13 Bn | 3.39% |
| 2 | Costco Wholesale | 410.07 Bn | 339.37 Bn | 9.01 Bn | 3.11% |
| 3 | Sysco | 37.60 Bn | 31.85 Bn | 4.13 Bn | 2.49% |
| 4 | Kroger | 35.90 Bn | 22.05 Bn | 7.86 Bn | 1.84% |
| 5 | Dollar General | 27.06 Bn | 21.73 Bn | 3.68 Bn | 4.87% |
| 6 | Caseys General Stores | 22.17 Bn | 20.17 Bn | 1.24 Bn | 4.82% |
| 7 | Dollar Tree | 21.26 Bn | 17.89 Bn | 2.10 Bn | 10.52% |
| 8 | US Foods Holding | 20.27 Bn | 20.07 Bn | 1.92 Bn | 2.61% |
| 9 | Tractor Supply | 16.44 Bn | 15.61 Bn | 1.68 Bn | 7.94% |
| 10 | Natural Grocers by Vitamin Cottage | 700.36 Mn | 621.85 Mn | 98.01 Mn | 3.31% |
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% |
Natural Grocers by Vitamin Cottage Net Margin 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=net-margin&ticker=NGVC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();