Natural Grocers by Vitamin Cottage annual return on equity
2012
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2016
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2020
2021
2022
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2024
2025
Natural Grocers by Vitamin Cottage Return on Equity (ROE) Growth & History (NGVC)
Natural Grocers by Vitamin Cottage's return on equity was 24.02% for fiscal 2025.
View full Natural Grocers by Vitamin Cottage company overviewNatural Grocers by Vitamin Cottage annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 24.02% | +4.36 pp |
| 2024 | 2024-09-30 | 19.67% | +5.44 pp |
| 2023 | 2023-09-30 | 14.23% | −0.08 pp |
| 2022 | 2022-09-30 | 14.31% | +1.28 pp |
| 2021 | 2021-09-30 | 13.03% | +0.91 pp |
| 2020 | 2020-09-30 | 12.13% | +5.93 pp |
| 2019 | 2019-09-30 | 6.20% | −2.82 pp |
| 2018 | 2018-09-30 | 9.02% | +3.74 pp |
| 2017 | 2017-09-30 | 5.29% | −4.18 pp |
| 2016 | 2016-09-30 | 9.47% | −5.65 pp |
| 2015 | 2015-09-30 | 15.12% | +0.43 pp |
| 2014 | 2014-09-30 | 14.69% | +1.29 pp |
| 2013 | 2013-09-30 | 13.40% | −3.42 pp |
| 2012 | 2012-09-30 | 16.83% | — |
Natural Grocers by Vitamin Cottage quarterly return on equity
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Q2.13
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Q2.14
Q3.14
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Q2.15
Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
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Q1.21
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Q4.21
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Q2.23
Q3.23
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 4.71% | −1.16 pp |
| Q2 2026 | 2026-03-31 | 5.96% | −1.03 pp |
| Q1 2026 | 2025-12-31 | 5.24% | −0.34 pp |
| Q4 2025 | 2025-09-30 | 5.69% | +0.42 pp |
| Q3 2025 | 2025-06-30 | 5.87% | +0.25 pp |
| Q2 2025 | 2025-03-31 | 6.99% | +2.18 pp |
| Q1 2025 | 2024-12-31 | 5.58% | — |
| Q4 2024 | 2024-09-30 | 5.27% | +1.79 pp |
| Q3 2024 | 2024-06-30 | 5.62% | +1.32 pp |
| Q2 2024 | 2024-03-31 | 4.81% | +1.11 pp |
| Q4 2023 | 2023-09-30 | 3.48% | +2.09 pp |
| Q3 2023 | 2023-06-30 | 4.30% | +1.76 pp |
| Q2 2023 | 2023-03-31 | 3.70% | −0.49 pp |
| Q4 2022 | 2022-09-30 | 1.39% | −3.77 pp |
| Q3 2022 | 2022-06-30 | 2.54% | −1.18 pp |
| Q2 2022 | 2022-03-31 | 4.19% | +0.62 pp |
| Q1 2022 | 2021-12-31 | 6.10% | +3.70 pp |
| Q4 2021 | 2021-09-30 | 5.16% | +2.99 pp |
| Q3 2021 | 2021-06-30 | 3.72% | +0.95 pp |
| Q2 2021 | 2021-03-31 | 3.57% | −2.38 pp |
| Q1 2021 | 2020-12-31 | 2.40% | +1.21 pp |
| Q4 2020 | 2020-09-30 | 2.17% | +1.30 pp |
| Q3 2020 | 2020-06-30 | 2.78% | +1.48 pp |
| Q2 2020 | 2020-03-31 | 5.95% | +3.40 pp |
| Q1 2020 | 2019-12-31 | 1.18% | −0.30 pp |
| Q4 2019 | 2019-09-30 | 0.87% | −0.56 pp |
| Q3 2019 | 2019-06-30 | 1.30% | −0.09 pp |
| Q2 2019 | 2019-03-31 | 2.55% | +0.13 pp |
| Q1 2019 | 2018-12-31 | 1.48% | −2.32 pp |
| Q4 2018 | 2018-09-30 | 1.43% | +0.51 pp |
| Q3 2018 | 2018-06-30 | 1.39% | +0.94 pp |
| Q2 2018 | 2018-03-31 | 2.42% | +0.13 pp |
| Q1 2018 | 2017-12-31 | 3.80% | +2.19 pp |
| Q4 2017 | 2017-09-30 | 0.93% | −0.23 pp |
| Q3 2017 | 2017-06-30 | 0.45% | −1.70 pp |
| Q2 2017 | 2017-03-31 | 2.29% | −0.65 pp |
| Q1 2017 | 2016-12-31 | 1.61% | −1.58 pp |
| Q4 2016 | 2016-09-30 | 1.16% | −1.38 pp |
| Q3 2016 | 2016-06-30 | 2.15% | −1.79 pp |
| Q2 2016 | 2016-03-31 | 2.95% | −2.18 pp |
| Q1 2016 | 2015-12-31 | 3.19% | −0.35 pp |
| Q4 2015 | 2015-09-30 | 2.54% | −0.74 pp |
| Q3 2015 | 2015-06-30 | 3.94% | +0.36 pp |
| Q2 2015 | 2015-03-31 | 5.13% | +0.68 pp |
| Q1 2015 | 2014-12-31 | 3.54% | +0.14 pp |
| Q4 2014 | 2014-09-30 | 3.28% | +0.59 pp |
| Q3 2014 | 2014-06-30 | 3.58% | −0.02 pp |
| Q2 2014 | 2014-03-31 | 4.45% | +0.27 pp |
| Q1 2014 | 2013-12-31 | 3.40% | +0.40 pp |
| Q4 2013 | 2013-09-30 | 2.68% | — |
| Q3 2013 | 2013-06-30 | 3.60% | — |
| Q2 2013 | 2013-03-31 | 4.18% | — |
| Q1 2013 | 2012-12-31 | 3.00% | — |
Natural Grocers by Vitamin Cottage return on equity trends
Over the last five fiscal years, Natural Grocers by Vitamin Cottage's return on equity increased from 12.13% to 24.02%, a change of +11.90 percentage points. The latest reported quarter, Q3 2026, shows 4.71%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Natural Grocers by Vitamin Cottage source filings ↗