NGVCNatural Grocers by Vitamin Cottage, Inc.

$29.66-24% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: revenue roughly flat (+2% year on year) and earnings roughly flat (+10% year on year).

3 neutral
Revenue trend+2% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +5% a year.

Earnings trend+10% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+0.3 points operating

Trailing-twelve-month operating margin, 4.7% now against 4.4% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is NGVC growing?

Natural Grocers by Vitamin Cottage, Inc. has grown revenue 6.3% a year over three years and 5.1% a year over five, with earnings per share compounding at 34%.

+6.3%

Revenue growth, 3-year annual rate · Grocery Stores median +3.8% · steady growth, ahead of inflation · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+5.1%

Revenue growth, 5-year rate · +6.3% over three · growth has picked up over the last three years

Earnings per share, 3-year rate
+34%

Earnings per share, 3-year rate · revenue +6.3% · earnings outgrew revenue: margins or the share count worked for shareholders

Years of annual history on file
15

Years of annual history on file · FY2011 to FY2025, as filed

Details›
Revenue FY2021
$1.06B
Revenue FY2022
$1.09B
Revenue FY2023
$1.14B
Revenue FY2024
$1.24B
Revenue FY2025
$1.33B

Annual income statements as filed with the SEC.