Natural Grocers by Vitamin Cottage (NGVC) Tax Rate (2011 - 2026)
Natural Grocers by Vitamin Cottage (NGVC) posted Tax Rate of 23.12% for Q1 2026, up 23.88% sequentially from 18.66% in Q4 2025, and up 108.0% YoY from 11.11% in Q1 2025.
Natural Grocers by Vitamin Cottage (NGVC) Tax Rate (2011 - 2026) Analysis & Trends
Natural Grocers by Vitamin Cottage has reported Tax Rate for 16 years, with the latest figure at 23.12% in Q1 2026.
- Quarterly Tax Rate rose 108.0% year-over-year to 23.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.16% (down 715.0% YoY) and the FY2025 annual result came in at 21.18%, down 877.0% from the prior year.
- Tax Rate climbed to 23.12% in Q1 2026 per NGVC's latest filing, from 18.66% in the prior quarter.
- Over five years, Tax Rate peaked at 54.1% in Q3 2024 and troughed at 14.13% in Q2 2023.
- A 5-year average of 22.97% and a median of 21.92% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 3912 bps in 2024, then sank 3380 bps in 2025.
- Over 5 years, Tax Rate stood at 21.6% in 2022, then rose by 1 bps to 21.74% in 2023, then retreated by 8 bps to 20.02% in 2024, then dropped by 7 bps to 18.66% in 2025, then gained by 24 bps to 23.12% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.12%, 18.66%, and 20.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 37.70 Bn | 34.36 Bn | 8.12 Bn | 29.66% |
| 2 | Sprouts Farmers Market | 7.61 Bn | 7.39 Bn | 900.65 Mn | 25.80% |
| 3 | Albertsons Companies | 6.70 Bn | 6.50 Bn | 5.51 Bn | 24.99% |
| 4 | Weis Markets | 1.73 Bn | 1.52 Bn | 328.40 Mn | 25.45% |
| 5 | Ingles Markets | 1.23 Bn | 773.93 Mn | 332.44 Mn | 21.56% |
| 6 | Grocery Outlet Holding | 1.13 Bn | 1.06 Bn | 360.72 Mn | 38.81% |
| 7 | Dingdong (Cayman) | 796.14 Mn | 586.82 Mn | 1.46 Mn | 3.15% |
| 8 | Natural Grocers by Vitamin Cottage | 632.87 Mn | 615.40 Mn | 98.01 Mn | 22.74% |
| 9 | Krispy Kreme | 620.42 Mn | 598.28 Mn | 172.13 Mn | 17.68% |
| 10 | Village Super Market | 446.11 Mn | 317.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.74% |
| Jun 30, 2026 | 22.74% |
| Jun 30, 2026 | 22.74% |
| Mar 31, 2026 | 23.12% |
| Mar 31, 2026 | 23.12% |
| Mar 31, 2026 | 23.12% |
| Dec 31, 2025 | 18.66% |
| Dec 31, 2025 | 18.66% |
| Dec 31, 2025 | 18.66% |
| Sep 30, 2025 | 20.30% |
| Sep 30, 2025 | 20.30% |
| Sep 30, 2025 | 20.30% |
| Jun 30, 2025 | 22.08% |
| Jun 30, 2025 | 22.08% |
| Jun 30, 2025 | 22.08% |
| Mar 31, 2025 | 22.03% |
| Mar 31, 2025 | 22.03% |
| Mar 31, 2025 | 22.03% |
| Dec 31, 2024 | 20.02% |
| Dec 31, 2024 | 20.02% |