Return On Equity	(Sep 30 2025) 2025	(Sep 30 2024) 2024	(Sep 30 2023) 2023	(Sep 30 2022) 2022	(Sep 30 2021) 2021
Y / Y Equity Change	21.89 %	2 %	9.65 %	9.16 %	-17.53 %
Y / Y Net Income Change	36.86 %	46 %	8.79 %	3.81 %	2.86 %
Return On Equity	21.87 %	19.47 %	13.61 %	13.71 %	14.42 %

NGVC all Ratios >> Back to NGVC Management Effectiveness >> See Quarterly NGVC Return On Equity

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Roe Comment

In (Sep 30 2025) ROE improved to 21.87 % compare to previous year, due to net income growth.

Financial Statements
Natural Grocers By Vitamin Cottage Inc 's Equity	$ 212 Millions	Annual NGVC's Balance sheet
Natural Grocers By Vitamin Cottage Inc 's Annual Income	$ 46 Millions	Annual NGVC's Income Statement
Where are NGVC's Income coming from?		Visit NGVC's Income by Segment

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