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Natural Grocers by Vitamin Cottage, Inc.

Rank #57Hypergrowth

NGVC · NYSE · Consumer Defensive

Natural Grocers by Vitamin Cottage, Inc. (NGVC) — Rank #57 by gross profitability (GP/assets 0.58) · ROE 19.4% · Piotroski F-Score N/A.

As-of 2026-09-15 · CIK 0001547459 · all metrics point-in-time as of the filing date.

About

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States.

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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.

Industry
Grocery Stores
Sector
Consumer Defensive
State
DE
Filer Category
Accelerated filer
Fiscal Year End
September 30

Financials

Stable

Direction over 5 fiscal years

  • Free cash flowstable
  • Gross marginstable
  • Gross profitabilitydeteriorating
  • Net cashn/a
  • Operating marginimproving
  • Return on equityimproving
  • Share count (dilution)deteriorating

Red flags: fcf_ni_divergence_unfavorable — rating capped at Stable

Monitoring diagnostic of business direction — not a prediction of returns.

Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.

USD in millions, except per-share (EPS) and percentage rows. Values are as originally filed; em-dash = not tagged in that year's filing.
Fiscal year end2022-09-30filed 2022-12-082021-09-30filed 2021-12-092020-09-30filed 2020-12-102019-09-30filed 2019-12-05
Income statement
EPS growth (YoY)3.3%2.2%111.9%
Cash flow

Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?