Natural Grocers by Vitamin Cottage, Inc. (NGVC) Return on equity 2016–2025
Natural Grocers by Vitamin Cottage, Inc. (NGVC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
21.9%FY2025 · since FY2016: 9.1% → 21.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 21.9% | +2.4 pp |
| FY2024 | 19.5% | +5.9 pp |
| FY2023 | 13.6% | -0.1 pp |
| FY2022 | 13.7% | -0.7 pp |
| FY2021 | 14.4% | +2.9 pp |
| FY2020 | 11.6% | +5.6 pp |
| FY2019 | 6.0% | -2.6 pp |
| FY2018 | 8.6% | +3.5 pp |
| FY2017 | 5.1% | -3.9 pp |
| FY2016 | 9.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More NGVC financial trends
NGVC RevenueNGVC Net incomeNGVC Net marginNGVC Gross profitNGVC Gross marginNGVC Operating incomeNGVC Operating marginNGVC Operating cash flowNGVC Free cash flowNGVC Capital expendituresNGVC Stock buybacksNGVC Dividends paidNGVC Total assetsNGVC Total liabilitiesNGVC Shareholders’ equityNGVC overview →