Natural Grocers by Vitamin Cottage (NGVC) Return on Invested Capital [ROIC] (2012 - 2026)
Natural Grocers by Vitamin Cottage's Return on Invested Capital [ROIC] was 21.03% in fiscal Q3 2026 (quarter ended Jun 30, 2026).
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Analysis
Natural Grocers by Vitamin Cottage (NGVC) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Return on Invested Capital [ROIC] at Natural Grocers by Vitamin Cottage came in at 25.27%, up 4.16 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for six consecutive fiscal years, with a five-year change of +12.40 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 21.12% in FY2024 (+6.29 pp), 14.82% in FY2023 (+1.10 pp), 13.72% in FY2022 (+0.54 pp) and 13.18% in FY2021 (+0.31 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2025.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2024 (a gain of 7.19 percentage points); the worst was fiscal Q2 2023 (a drop of 6.20 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 827.17 Bn | 789.87 Bn | 49.13 Bn | 16.14% |
| 2 | Costco Wholesale | 408.32 Bn | 337.62 Bn | 9.01 Bn | 21.94% |
| 3 | Sysco | 37.11 Bn | 31.36 Bn | 4.13 Bn | 14.70% |
| 4 | Kroger | 34.86 Bn | 21.01 Bn | 7.86 Bn | 5.65% |
| 5 | Dollar General | 26.24 Bn | 20.91 Bn | 3.68 Bn | 13.65% |
| 6 | Caseys General Stores | 22.83 Bn | 20.83 Bn | 1.24 Bn | 18.51% |
| 7 | Dollar Tree | 21.05 Bn | 17.67 Bn | 2.10 Bn | 25.93% |
| 8 | US Foods Holding | 20.97 Bn | 20.76 Bn | 1.92 Bn | 9.89% |
| 9 | Tractor Supply | 16.22 Bn | 15.39 Bn | 1.68 Bn | 22.62% |
| 10 | Natural Grocers by Vitamin Cottage | 704.74 Mn | 626.23 Mn | 98.01 Mn | 21.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.03% |
| Dec 31, 2024 | 21.63% |
| Sep 30, 2024 | 20.67% |
| Jun 30, 2024 | 18.80% |
| Mar 31, 2024 | 17.97% |
| Dec 31, 2023 | 16.47% |
| Sep 30, 2023 | 14.61% |
| Jun 30, 2023 | 12.59% |
| Mar 31, 2023 | 10.78% |
| Dec 31, 2022 | 10.99% |
| Sep 30, 2022 | 13.45% |
| Jun 30, 2022 | 16.26% |
| Mar 31, 2022 | 16.99% |
| Dec 31, 2021 | 16.39% |
| Sep 30, 2021 | 13.67% |
| Jun 30, 2021 | 11.44% |
| Mar 31, 2021 | 11.05% |
| Dec 31, 2020 | 13.80% |
| Sep 30, 2020 | 12.57% |
| Jun 30, 2020 | 11.68% |
API Access
Natural Grocers by Vitamin Cottage Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=NGVC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();