Cash Flow Statement
Growth Metrics

Natural Grocers by Vitamin Cottage (NGVC) Tax Rate (2011 - 2026)

Natural Grocers by Vitamin Cottage recorded quarterly Tax Rate of 23.12% in Q1 2026, up 23.88% quarter-over-quarter from 18.66% in Q4 2025, and up 108.0% year-over-year from 11.11% in Q1 2025.

Natural Grocers by Vitamin Cottage's Tax Rate history runs 16 years deep, the most recent figure standing at 23.12% for Q1 2026.

  • In Q1 2026, Tax Rate rose 108.0% year-over-year to 23.12%; the TTM figure through Mar 2026 stood at 25.43% (up 472.0% YoY), while the FY2025 annual figure was 25.61%, up 490.0% from the prior year.
  • Tax Rate came in at 23.12% for Q1 2026 at Natural Grocers by Vitamin Cottage, up from 18.66% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 37.92% in Q3 2025 to a low of 14.13% in Q2 2023.
  • A 5-year average of 23.14% and a median of 22.03% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate sank 1812 bps in 2024 and surged 1973 bps in 2025, its largest moves.
  • Natural Grocers by Vitamin Cottage's Tax Rate stood at 21.6% in 2022, then increased by 1 bps to 21.74% in 2023, then fell by 8 bps to 20.02% in 2024, then slipped by 7 bps to 18.66% in 2025, then rose 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 37.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kroger 43.85 Bn 40.52 Bn 8.12 Bn 9.86
2 Albertsons Companies 8.84 Bn 8.64 Bn 5.51 Bn 24.99
3 Sprouts Farmers Market 8.22 Bn 7.97 Bn 917.28 Mn 24.00
4 Weis Markets 1.79 Bn 1.59 Bn 330.25 Mn 25.48
5 Grocery Outlet Holding 788.88 Mn 729.89 Mn 345.20 Mn 2.20
6 Natural Grocers by Vitamin Cottage 662.10 Mn 641.38 Mn 102.44 Mn 23.12
7 Krispy Kreme 562.50 Mn 489.27 Mn 356.92 Mn -18.77
8 Ingles Markets 393.09 Mn -32.08 Mn 325.26 Mn 25.88
9 Village Super Market 190.86 Mn 30.76 Mn - -
10 VenHub Global 116.00 Mn 110.21 Mn 3,689.00 -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 23.12
Mar 31, 2026 23.12
Dec 31, 2025 18.66
Dec 31, 2025 18.66
Sep 30, 2025 37.92
Sep 30, 2025 37.92
Jun 30, 2025 22.08
Jun 30, 2025 22.08
Mar 31, 2025 22.03
Mar 31, 2025 22.03
Dec 31, 2024 20.02
Dec 31, 2024 20.02
Sep 30, 2024 18.19
Sep 30, 2024 18.19
Jun 30, 2024 21.92
Jun 30, 2024 21.92
Mar 31, 2024 21.05
Mar 31, 2024 21.05
Dec 31, 2023 21.74
Dec 31, 2023 21.74
Sep 30, 2023 36.31
Sep 30, 2023 36.31
Jun 30, 2023 14.13
Jun 30, 2023 14.13
Mar 31, 2023 22.55
Mar 31, 2023 22.55
Dec 31, 2022 21.60
Dec 31, 2022 21.60
Sep 30, 2022 26.46
Sep 30, 2022 26.46
Jun 30, 2022 22.09
Jun 30, 2022 22.09
Mar 31, 2022 23.58
Mar 31, 2022 23.58
Dec 31, 2021 22.34
Dec 31, 2021 22.34
Sep 30, 2021 18.02
Sep 30, 2021 18.02
Jun 30, 2021 22.13
Jun 30, 2021 22.13
Mar 31, 2021 22.92
Mar 31, 2021 22.92
Dec 31, 2020 22.59
Dec 31, 2020 22.59
Sep 30, 2020 16.45
Sep 30, 2020 16.45
Jun 30, 2020 24.11
Jun 30, 2020 24.11
Mar 31, 2020 23.73
Mar 31, 2020 23.73
Dec 31, 2019 19.20
Dec 31, 2019 19.20
Sep 30, 2019 15.62
Sep 30, 2019 15.62
Jun 30, 2019 22.53
Jun 30, 2019 22.53
Mar 31, 2019 20.26
Mar 31, 2019 20.26
Dec 31, 2018 21.00
Dec 31, 2018 21.00
Sep 30, 2018 8.43
Sep 30, 2018 8.43
Jun 30, 2018 23.07
Jun 30, 2018 23.07
Mar 31, 2018 24.76
Mar 31, 2018 24.76
Dec 31, 2017 -369.29
Dec 31, 2017 -369.29
Sep 30, 2017 26.60
Sep 30, 2017 26.60
Jun 30, 2017 25.44
Jun 30, 2017 25.44
Mar 31, 2017 35.38
Mar 31, 2017 35.38
Dec 31, 2016 35.25
Dec 31, 2016 35.25
Sep 30, 2016 37.11
Sep 30, 2016 37.11
Jun 30, 2016 17.46
Jun 30, 2016 17.46
Mar 31, 2016 37.42
Mar 31, 2016 37.42
Dec 31, 2015 37.96
Dec 31, 2015 37.96
Sep 30, 2015 39.69
Sep 30, 2015 39.69
Jun 30, 2015 32.80
Jun 30, 2015 32.80
Mar 31, 2015 37.67
Mar 31, 2015 37.67
Dec 31, 2014 37.54
Dec 31, 2014 37.54
Sep 30, 2014 39.13
Sep 30, 2014 39.13
Jun 30, 2014 37.46
Jun 30, 2014 37.46
Mar 31, 2014 37.65
Mar 31, 2014 37.65
Dec 31, 2013 38.15
Dec 31, 2013 38.15
Sep 30, 2013 39.39
Sep 30, 2013 39.39
Jun 30, 2013 37.29
Jun 30, 2013 37.29
Mar 31, 2013 37.13
Mar 31, 2013 37.13
Dec 31, 2012 37.19
Dec 31, 2012 37.19
Sep 30, 2012 39.27
Sep 30, 2012 39.27
Jun 30, 2012 33.85
Jun 30, 2012 33.85
Mar 31, 2012 34.87
Mar 31, 2012 34.87
Dec 31, 2011 31.74
Dec 31, 2011 31.74