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Natural Grocers by Vitamin Cottage Inc

Company price
29.46 USD 0.31 ( 1.06%)
Last update at 2026-11-12T15:37:00Z
VOLUME
15990
Market Cap
665.10M
P/E
14.08

Momentum Score

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Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide name-brand supplements, as well as private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers; and books and handouts. The company operates its retail stores under the Natural Grocers, Vitamin Cottage, Health Hotline, Natural Grocers by Vitamin Cottage trademark, as well as Vitamin Cottage Natural Grocers and Health Hotline trademarks. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. The company was formerly known as Vitamin Cottage Natural Food Markets, Inc. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.

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Day Price Range
29.20
Low
29.96
High
52 Week Price Range
23.09
Low
40.26
High

Momentum Score

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Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
29.15
Dividend Yield
1.94%
Revenue TTM
1343.84M
Revenue Per Share
58.40
Gross Profit TTM
449.78M
Debt / Equity
1.56
ROE
21.56%
Net Debt
314.90M
ROCE
12.11%
Diluted EPS TTM
2.05

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Income before tax 58.93M 42.80M 28.37M 27.78M 26.06M
Net income 46.44M 33.94M 23.24M 21.36M 20.58M
Selling general administrative 41.43M 37.05M 293.25M 273.62M 262.94M
Selling and marketing expenses - 327.94M - - -
Gross profit 397.88M 364.81M 326.93M 304.88M 292.19M
Reconciled depreciation 31.81M 30.93M 28.91M 27.91M 29.63M
Ebit 61.99M 46.98M 33.68M 30.16M 28.33M
Ebitda 93.80M 77.91M 62.58M 59.17M 58.88M
Depreciation and amortization 31.81M 30.93M 28.91M 29.01M 30.55M
Operating income 61.99M 46.98M 31.67M 30.16M 28.33M
Other operating expenses 1268.85M 1194.61M 1106.89M 1058.36M 1026.27M
Interest expense 3.06M 4.18M 3.30M 2.37M 2.27M
Tax provision 12.48M 8.87M 5.13M 6.42M 5.47M
Net interest income -3.06M -4.18M -3.30M -2.37M -2.27M
Non recurring - - - 1.11M 0.92M
Income tax expense 12.48M 8.87M 5.13M 6.42M 5.47M
Total revenue 1330.84M 1241.59M 1140.57M 1089.62M 1055.52M
Total operating expenses 335.89M 317.83M 293.25M 273.62M 262.94M
Cost of revenue 932.96M 876.77M 813.64M 784.74M 763.33M
Total other income expense net -3.06M -4.18M -2.01M -2.37M -2.27M
Net income from continuing ops 46.44M 33.94M 23.24M 21.36M 20.58M
Net income applicable to common shares - - - 21.36M 20.58M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total assets 670.50M 655.48M 669.18M 663.11M 655.08M
Intangible assets 11.70M 8.46M - 8.93M 6.57M
Other current assets 6.03M 4.91M 4.15M 4.37M 2.91M
Total liab 458.11M 481.22M 498.34M 507.30M 512.35M
Total stockholder equity 212.40M 174.25M 170.84M 155.81M 142.73M
Deferred long term liab - - - 0.04M 0.06M
Other current liab 35.31M 24.34M 33.06M 24.98M 24.43M
Common stock 0.02M 0.02M 0.02M 0.02M 0.02M
Capital stock 0.02M 0.02M 0.02M 0.02M 0.02M
Retained earnings 149.34M 113.90M 111.87M 97.72M 85.42M
Other liab - - - 15.90M 15.29M
Good will 5.20M 5.20M - 5.20M 5.20M
Other assets - - - 0.45M 0.53M
Cash 17.12M 8.87M 18.34M 12.04M 23.68M
Total current liabilities 158.78M 164.13M 154.03M 137.73M 133.77M
Current deferred revenue 1.93M 1.90M - 1.76M 2.16M
Net debt 314.90M 337.64M 351.84M 381.33M 377.84M
Short term debt 40.56M 39.89M 40.29M 39.71M 38.23M
Short long term debt - - 1.75M 1.75M 1.75M
Short long term debt total 332.02M 346.51M 370.18M 393.37M 401.52M
Other stockholder equity 63.03M 60.33M 58.95M 58.07M 57.29M
Property plant equipment - - - 507.87M 507.15M
Total current assets 168.07M 147.06M 152.55M 140.66M 135.63M
Net tangible assets - - - 141.68M 130.96M
Net receivables 11.97M 12.61M 10.80M 10.50M 8.49M
Long term debt - - 5.94M 13.94M 21.94M
Inventory 132.97M 120.67M 119.26M 113.76M 100.55M
Accounts payable 80.99M 88.40M 80.67M 71.28M 68.95M
Common stock total equity - - - 0.02M 0.02M
Retained earnings total equity - - - 97.72M 85.42M
Non currrent assets other 0.31M 0.29M 0.40M -15.45M 0.53M
Non current assets total 502.43M 508.42M 516.63M 522.45M 519.45M
Capital lease obligations 332.02M 346.51M 362.49M 377.69M 377.83M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Type yearly yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Investments - -38.60M -37.95M -31.14M -27.75M
Change to liabilities - - - 0.45M -2.64M
Total cashflows from investing activities -30.97M -38.60M - -31.14M -27.75M
Net borrowings -3.83M -11.30M - -10.72M 20.86M
Total cash from financing activities -16.09M -44.63M -20.35M -20.19M -30.98M
Change to operating activities - - - 1.97M 0.51M
Net income 46.44M 33.94M 23.24M 21.36M 20.58M
Change in cash 8.24M -9.47M 6.30M -11.64M -4.86M
Begin period cash flow 8.87M 18.34M 12.04M 23.68M 28.53M
End period cash flow 17.12M 8.87M 18.34M 12.04M 23.68M
Total cash from operating activities 55.30M 73.76M 64.61M 39.69M 53.88M
Depreciation 31.81M 30.93M 28.91M 27.91M 29.63M
Other cashflows from investing activities 0.23M -1.06M - 0.28M 0.44M
Dividends paid 11.01M 31.87M -9.09M -9.07M -51.45M
Change to inventory -12.30M -1.41M -5.50M -13.21M -0.37M
Change to account receivables -1.01M -1.54M 0.32M -2.97M 0.03M
Sale purchase of stock -1.25M -1.45M -0.18M - -
Other cashflows from financing activities -1.25M -0.02M -0.30M 128.60M 100.51M
Change to netincome - - - 4.82M 3.13M
Capital expenditures 31.38M 38.68M 38.09M 31.44M 28.29M
Change receivables - - - -2.97M 0.03M
Cash flows other operating - - - 4.12M 3.08M
Cash and cash equivalents changes - - - -11.64M -4.86M
Change in working capital -24.36M 8.05M 10.91M -14.39M 0.54M
Stock based compensation 3.96M 2.83M 1.36M 1.19M 0.88M
Other non cash items 0.06M 1.97M 1.67M 3.02M 1.39M
Free cash flow 23.93M 35.08M 26.51M 8.25M 25.59M

Peer Comparison*

Sector: Consumer Defensive Industry: Grocery Stores

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
NGVC
Natural Grocers by Vitamin Cottage Inc
0.31
1.06%
29.46 14.08 12.29 0.49 2.83 0.73 10.26
LOBLY
Loblaw Companies Limited ADR
-
-%
12.62 27.14 21.98 0.81 6.53 1.36 12.07
LBLCF
Loblaw Companies Limited
-
-%
48.43 27.82 22.32 0.79 6.63 1.36 12.07
AHODF
Koninklijke Ahold Delhaize NV
-
-%
38.65 16.07 15.04 0.45 2.56 0.55 6.99
TSCDF
Tesco PLC
-
-%
7.32 17.46 15.43 0.55 2.59 0.55 8.09

Profile*

Natural Grocers by Vitamin Cottage Inc

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products. Its stores also provide name-brand supplements, as well as private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers; and books and handouts. The company operates its retail stores under the Natural Grocers, Vitamin Cottage, Health Hotline, Natural Grocers by Vitamin Cottage trademark, as well as Vitamin Cottage Natural Grocers and Health Hotline trademarks. The company also offers science-based nutrition education programs to help customers make informed health and nutrition choices. The company was formerly known as Vitamin Cottage Natural Food Markets, Inc. Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and is headquartered in Lakewood, Colorado.

12612 West Alameda Parkway, Lakewood, CO, United States, 80228

303 986 4600

3455

Name Title Year Born
Mr. Kemper Isely Chairman & Co-Pres 1962
Mr. Zephyr Isely Co-Pres & Director 1949
Mr. Todd Dissinger Chief Financial Officer 1958
Ms. Elizabeth Isely Exec. VP & Director 1955
Ms. Heather Isely Exec. VP, Corp. Sec. & Director 1966
Mr. John S. Fischer Esq. VP & Gen. Counsel 1958
Mr. Kevin Miller VP of Marketing 1958
Mr. David Colson VP & Treasurer NA
Ms. Jessica Thiessen Assistant Treasurer NA
Mr. Kemper Isely Chairman & Co-President 1962

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
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