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Natural Grocers by Vitamin Cottage stock: growth
NGVCNatural Grocers by Vitamin Cottage reported $1.33B in revenue for fiscal 2025, up 7.2% on the prior year, up 5.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
12.4%
per year from 2009 to 2025, per share 12.2%
Earnings (Annual rate)
17.5%
per year from 2009 to 2025, per share 17.2%
Free cash flow (Annual rate)
14.7%
per year from 2009 to 2025, per share 14.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2009 | |
|---|---|---|---|
| Revenue | 5.1% | 7.9% | 12.4% |
| Revenue per share | 4.7% | 7.6% | 12.2% |
| Earnings | 18.3% | 11.1% | 17.5% |
| Earnings per share | 17.8% | 10.9% | 17.2% |
| Free cash flow | −8.3% | 18.9% | 14.7% |
| Free cash flow per share | −8.7% | 18.6% | 14.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2009 | $206.08M | $3.54M | $2.67M |
| 2010 | $226.91M | $4.41M | −$3.88M |
| 2011 | $264.54M | $3.5M | −$3.7M |
| 2012 | $336.39M | $6.65M | −$56.25K |
| 2013 | $430.66M | $10.55M | −$13.99M |
| 2014 | $520.67M | $13.47M | −$4.76M |
| 2015 | $624.68M | $16.2M | $4.25M |
| 2016 | $705.5M | $11.47M | −$24.93M |
| 2017 | $769.03M | $6.89M | −$382K |
| 2018 | $849.04M | $12.66M | $19.15M |
| 2019 | $903.58M | $9.42M | $4.65M |
| 2020 | $1.04B | $20.01M | $36.92M |
| 2021 | $1.06B | $20.58M | $25.59M |
| 2022 | $1.09B | $21.37M | $8.25M |
| 2023 | $1.14B | $23.24M | $26.51M |
| 2024 | $1.24B | $33.94M | $35.08M |
| 2025 | $1.33B | $46.44M | $23.93M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 30 Sep 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Jan 2023)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
