Natural Grocers by Vitamin Cottage, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2011 | 29.3% | 2.8% | 1.7% |
| FY2012 | 29.4% | 3.6% | 2.2% |
| FY2013 | 29.2% | 4.4% | 2.5% |
| FY2014 | 29.1% | 4.7% | 2.6% |
| FY2015 | 29.2% | 4.6% | 2.6% |
| FY2016 | 28.6% | 2.9% | 1.6% |
| FY2017 | 27.6% | 1.8% | 0.9% |
| FY2018 | 26.6% | 1.8% | 1.5% |
| FY2019 | 26.4% | 1.9% | 1.0% |
| FY2020 | 27.3% | 2.7% | 1.9% |
| FY2021 | 27.7% | 2.7% | 1.9% |
| FY2022 | 28.0% | 2.8% | 2.0% |
| FY2023 | 28.7% | 2.8% | 2.0% |
| FY2024 | 29.4% | 3.8% | 2.7% |
| FY2025 | 29.9% | 4.7% | 3.5% |