Natural Grocers by Vitamin Cottage, Inc. (NGVC) Earnings History
Annual and quarterly earnings data from 2010 to 2025
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NGVC EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
NGVC Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 29.9% | 4.7% | 3.5% |
| 2024 | 29.4% | 3.8% | 2.7% |
| 2023 | 28.7% | 2.8% | 2.0% |
| 2022 | 28.0% | 2.8% | 2.0% |
| 2021 | 27.7% | 2.7% | 1.9% |
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Natural Grocers by Vitamin Cottage, Inc. (NGVC) Earnings Overview
As of May 8, 2026, Natural Grocers by Vitamin Cottage, Inc. (NGVC) reported trailing twelve-month net income of $48M, reflecting +36.1% year-over-year growth. The company earned $2.08 per diluted share over the past four quarters, with a net profit margin of 3.5%.
Looking at the long-term picture, NGVC's 5-year EPS compound annual growth rate (CAGR) stands at +17.6%, indicating exceptional earnings growth. The company achieved its highest annual net income of $46M in fiscal 2025, representing a new all-time high.
Natural Grocers by Vitamin Cottage, Inc. maintains positive profitability with a gross margin of 29.9%, operating margin of 4.7%, and net margin of 3.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SFM ($507M net income, 5.9% margin), HAIN (-$544M net income, -34.0% margin), KR ($1.02B net income, 0.7% margin), NGVC has room to improve margins relative to the peer group. Compare NGVC vs SFM →
NGVC Earnings vs Peers
Earnings metrics vs comparable public companies
NGVC Historical Earnings Data (2010–2025)
16 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $46M | +36.9% | $62M | $2.00 | 3.5% | 4.7% |
| 2024 | $34M | +46.0% | $47M | $1.47 | 2.7% | 3.8% |
| 2023 | $23M | +8.8% | $32M | $1.02 | 2.0% | 2.8% |
| 2022 | $21M | +3.8% | $30M | $0.94 | 2.0% | 2.8% |
| 2021 | $21M | +2.9% | $28M | $0.91 | 1.9% | 2.7% |
| 2020 | $20M | +112.5% | $28M | $0.89 | 1.9% | 2.7% |
| 2019 | $9M | -25.6% | $17M | $0.42 | 1.0% | 1.9% |
| 2018 | $13M | +83.7% | $15M | $0.56 | 1.5% | 1.8% |
| 2017 | $7M | -39.9% | $14M | $0.31 | 0.9% | 1.8% |
| 2016 | $11M | -29.2% | $20M | $0.51 | 1.6% | 2.9% |
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Start ComparisonNGVC — Frequently Asked Questions
Quick answers to the most common questions about buying NGVC stock.
Is NGVC growing earnings?
NGVC EPS is $2.08, with earnings growth accelerating to +36.1%. This exceeds the 5-year CAGR of +17.6%. TTM net income reached $48M.
What are NGVC's profit margins?
Natural Grocers by Vitamin Cottage, Inc. net margin is +3.5%, with operating margin at +4.7%. Below-average margins reflect competitive or cost pressures.
How consistent are NGVC's earnings?
NGVC earnings data spans 2010-2025. The accelerating earnings trend is +36.1% YoY. Historical data enables comparison across business cycles.