Natural Grocers by Vitamin Cottage (NGVC) Payout Ratio (2021 - 2026)
Natural Grocers by Vitamin Cottage's Payout Ratio came in at 0.28 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 14.1% from 0.24 a year earlier and up 6.8% from the prior quarter.
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Analysis
Natural Grocers by Vitamin Cottage (NGVC) Payout Ratio (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Natural Grocers by Vitamin Cottage's Payout Ratio was 0.24, down 74.8% from FY2024.
- Going back by fiscal year, Payout Ratio was 0.94 in FY2024 (+140.1%), 0.39 in FY2023 (-7.9%), 0.42 in FY2022 (-83.0%) and 2.50 in FY2021 (+693.9%).
- The fiscal Q3 2026 figure represents the highest quarterly Payout Ratio since fiscal Q4 2024.
- Year-over-year, Payout Ratio increased in three of the last eight quarters, with an average decline of 19.4%.
- The fastest year-over-year change in Payout Ratio over five years came in fiscal Q4 2024 (growth of 140.1%), and the weakest in fiscal Q4 2022 (a decline of 83.0%).
- Business Quant data shows NGVC's Payout Ratio at 0.26 (Q2 2026), 0.24 (Q1 2026) and 0.24 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn |
| 10 | Natural Grocers by Vitamin Cottage | 702.67 Mn | 624.15 Mn | 98.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.94 |
| Jun 30, 2024 | 1.03 |
| Mar 31, 2024 | 1.11 |
| Dec 31, 2023 | 1.20 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.47 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | 0.54 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.28 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 2.50 |
API Access
Natural Grocers by Vitamin Cottage Payout Ratio 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=payout-ratio&ticker=NGVC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();