Natural Grocers by Vitamin Cottage (NGVC) Tax Rate (2011 - 2026)
Natural Grocers by Vitamin Cottage's Tax Rate came in at 22.74% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.67 percentage points from 22.08% a year earlier but down 0.37 percentage points from the prior quarter.
Natural Grocers by Vitamin Cottage (NGVC) Tax Rate (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Natural Grocers by Vitamin Cottage reported Tax Rate of 21.31%, up 0.49 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 21.18%, up 0.47 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.96 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 20.71% in FY2024 (+2.64 pp), 18.07% in FY2023 (-5.03 pp), 23.10% in FY2022 (+2.09 pp) and 21.01% in FY2021 (-1.13 pp).
- The five-year range for quarterly Tax Rate is 14.13% (fiscal Q3 2023) to 26.46% (fiscal Q4 2022).
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +0.64 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2022 (a gain of 8.43 percentage points), and the weakest in fiscal Q4 2023 (a drop of 11.48 percentage points).
- Business Quant data shows NGVC's Tax Rate at 23.12% (Q2 2026), 18.66% (Q1 2026) and 20.30% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 847.32 Bn | 810.03 Bn | 49.13 Bn | 18.51% |
| 2 | Costco Wholesale | 410.07 Bn | 339.37 Bn | 9.01 Bn | 25.39% |
| 3 | Sysco | 37.60 Bn | 31.85 Bn | 4.13 Bn | 23.47% |
| 4 | Kroger | 35.90 Bn | 22.05 Bn | 7.86 Bn | 23.57% |
| 5 | Dollar General | 27.06 Bn | 21.73 Bn | 3.68 Bn | 24.23% |
| 6 | Caseys General Stores | 22.17 Bn | 20.17 Bn | 1.24 Bn | 21.12% |
| 7 | Dollar Tree | 21.26 Bn | 17.89 Bn | 2.10 Bn | 25.04% |
| 8 | US Foods Holding | 20.27 Bn | 20.07 Bn | 1.92 Bn | 25.47% |
| 9 | Tractor Supply | 16.44 Bn | 15.61 Bn | 1.68 Bn | 19.84% |
| 10 | Natural Grocers by Vitamin Cottage | 700.36 Mn | 621.85 Mn | 98.01 Mn | 22.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.74% |
| Mar 31, 2026 | 23.12% |
| Dec 31, 2025 | 18.66% |
| Sep 30, 2025 | 20.30% |
| Jun 30, 2025 | 22.08% |
| Mar 31, 2025 | 22.03% |
| Dec 31, 2024 | 20.02% |
| Sep 30, 2024 | 18.19% |
| Jun 30, 2024 | 21.92% |
| Mar 31, 2024 | 21.05% |
| Dec 31, 2023 | 21.74% |
| Sep 30, 2023 | 14.98% |
| Jun 30, 2023 | 14.13% |
| Mar 31, 2023 | 22.55% |
| Dec 31, 2022 | 21.60% |
| Sep 30, 2022 | 26.46% |
| Jun 30, 2022 | 22.09% |
| Mar 31, 2022 | 23.58% |
| Dec 31, 2021 | 22.34% |
| Sep 30, 2021 | 18.02% |
Natural Grocers by Vitamin Cottage Tax Rate 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=tax-rate&ticker=NGVC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NGVC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();