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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Natural Grocers by Vitamin Cottage (NGVC) has disclosed Operating Margin for 15 consecutive years, with 4.36% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 32.0% to 4.36% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 4.74% through Dec 2025, up 84.0% year-over-year, with the annual reading at 4.66% for FY2025, 87.0% up from the prior year.
  • Operating Margin hit 4.36% in Q4 2025 for Natural Grocers by Vitamin Cottage, down from 4.61% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 5.23% in Q1 2025 to a low of 1.32% in Q3 2022.
  • Historically, Operating Margin has averaged 3.45% across 5 years, with a median of 3.51% in 2021.
  • Biggest YoY gain for Operating Margin was 237bps in 2021; the steepest drop was -219bps in 2021.
  • Year by year, Operating Margin stood at 4.34% in 2021, then tumbled by -47bps to 2.29% in 2022, then surged by 56bps to 3.58% in 2023, then grew by 13bps to 4.04% in 2024, then increased by 8bps to 4.36% in 2025.
  • Business Quant data shows Operating Margin for NGVC at 4.36% in Q4 2025, 4.61% in Q3 2025, and 4.74% in Q2 2025.