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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.
Natural Grocers by Vitamin Cottage, Inc. is the larger business by last-quarter revenue ($335.6M vs $245.4M, roughly 1.4× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 3.4%, a 24.6% gap on every dollar of revenue. On growth, Natural Grocers by Vitamin Cottage, Inc. posted the faster year-over-year revenue change (1.6% vs 0.9%). Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $-14.7M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% CAGR vs 4.4%).
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.
DOUG vs NGVC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $335.6M |
| Net Profit | $68.6M | $11.3M |
| Gross Margin | — | 29.5% |
| Operating Margin | 27.3% | 4.4% |
| Net Margin | 27.9% | 3.4% |
| Revenue YoY | 0.9% | 1.6% |
| Net Profit YoY | 1243.4% | 14.0% |
| EPS (diluted) | $0.80 | $0.49 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $245.4M | $335.6M | ||
| Q3 25 | $262.8M | $336.1M | ||
| Q2 25 | $271.4M | $328.7M | ||
| Q1 25 | $253.4M | $335.8M | ||
| Q4 24 | $243.3M | $330.2M | ||
| Q3 24 | $266.3M | $322.7M | ||
| Q2 24 | $285.8M | $309.1M | ||
| Q1 24 | $200.2M | $308.1M |
| Q4 25 | $68.6M | $11.3M | ||
| Q3 25 | $-24.7M | $11.8M | ||
| Q2 25 | $-22.7M | $11.6M | ||
| Q1 25 | $-6.0M | $13.1M | ||
| Q4 24 | $-6.0M | $9.9M | ||
| Q3 24 | $-27.2M | $9.0M | ||
| Q2 24 | $-1.7M | $9.2M | ||
| Q1 24 | $-41.5M | $8.0M |
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | — | 29.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 29.3% |
| Q4 25 | 27.3% | 4.4% | ||
| Q3 25 | -4.1% | 4.6% | ||
| Q2 25 | -2.0% | 4.7% | ||
| Q1 25 | -2.1% | 5.2% | ||
| Q4 24 | -6.7% | 4.0% | ||
| Q3 24 | -2.8% | 3.7% | ||
| Q2 24 | -1.3% | 4.2% | ||
| Q1 24 | -20.7% | 3.7% |
| Q4 25 | 27.9% | 3.4% | ||
| Q3 25 | -9.4% | 3.5% | ||
| Q2 25 | -8.4% | 3.5% | ||
| Q1 25 | -2.4% | 3.9% | ||
| Q4 24 | -2.5% | 3.0% | ||
| Q3 24 | -10.2% | 2.8% | ||
| Q2 24 | -0.6% | 3.0% | ||
| Q1 24 | -20.7% | 2.6% |
| Q4 25 | $0.80 | $0.49 | ||
| Q3 25 | $-0.29 | $0.51 | ||
| Q2 25 | $-0.27 | $0.50 | ||
| Q1 25 | $-0.07 | $0.56 | ||
| Q4 24 | $-0.06 | $0.43 | ||
| Q3 24 | $-0.33 | $0.38 | ||
| Q2 24 | $-0.02 | $0.40 | ||
| Q1 24 | $-0.50 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $115.5M | $23.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $183.9M | $220.0M |
| Total Assets | $444.4M | $668.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.5M | $23.2M | ||
| Q3 25 | $143.0M | $17.1M | ||
| Q2 25 | $136.3M | $13.2M | ||
| Q1 25 | $136.8M | $21.2M | ||
| Q4 24 | $145.5M | $6.3M | ||
| Q3 24 | $151.4M | $8.9M | ||
| Q2 24 | $92.9M | $13.9M | ||
| Q1 24 | $91.5M | $11.0M |
| Q4 25 | $183.9M | $220.0M | ||
| Q3 25 | $115.1M | $212.4M | ||
| Q2 25 | $137.6M | $202.5M | ||
| Q1 25 | $158.2M | $193.0M | ||
| Q4 24 | $162.2M | $181.9M | ||
| Q3 24 | $173.6M | $174.3M | ||
| Q2 24 | $196.9M | $167.8M | ||
| Q1 24 | $195.1M | $160.0M |
| Q4 25 | $444.4M | $668.6M | ||
| Q3 25 | $480.6M | $670.5M | ||
| Q2 25 | $489.0M | $659.0M | ||
| Q1 25 | $493.9M | $664.6M | ||
| Q4 24 | $493.9M | $648.9M | ||
| Q3 24 | $502.7M | $655.5M | ||
| Q2 24 | $463.9M | $654.4M | ||
| Q1 24 | $461.1M | $656.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.4M | $21.1M |
| Free Cash FlowOCF − Capex | $-14.7M | $11.6M |
| FCF MarginFCF / Revenue | -6.0% | 3.4% |
| Capex IntensityCapex / Revenue | 0.1% | 2.9% |
| Cash ConversionOCF / Net Profit | -0.21× | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $21.1M | ||
| Q3 25 | $5.5M | $15.6M | ||
| Q2 25 | $642.0K | $2.9M | ||
| Q1 25 | $-5.6M | $34.1M | ||
| Q4 24 | $-9.0M | $2.7M | ||
| Q3 24 | $9.0M | $24.5M | ||
| Q2 24 | $1.3M | $12.4M | ||
| Q1 24 | $-27.3M | $20.2M |
| Q4 25 | $-14.7M | $11.6M | ||
| Q3 25 | $4.7M | $7.5M | ||
| Q2 25 | $-575.0K | $-4.2M | ||
| Q1 25 | $-6.7M | $27.6M | ||
| Q4 24 | $-10.2M | $-6.9M | ||
| Q3 24 | $7.7M | $18.0M | ||
| Q2 24 | $432.0K | $3.6M | ||
| Q1 24 | $-29.4M | $9.8M |
| Q4 25 | -6.0% | 3.4% | ||
| Q3 25 | 1.8% | 2.2% | ||
| Q2 25 | -0.2% | -1.3% | ||
| Q1 25 | -2.6% | 8.2% | ||
| Q4 24 | -4.2% | -2.1% | ||
| Q3 24 | 2.9% | 5.6% | ||
| Q2 24 | 0.2% | 1.2% | ||
| Q1 24 | -14.7% | 3.2% |
| Q4 25 | 0.1% | 2.9% | ||
| Q3 25 | 0.3% | 2.4% | ||
| Q2 25 | 0.4% | 2.2% | ||
| Q1 25 | 0.4% | 1.9% | ||
| Q4 24 | 0.5% | 2.9% | ||
| Q3 24 | 0.5% | 2.0% | ||
| Q2 24 | 0.3% | 2.9% | ||
| Q1 24 | 1.0% | 3.4% |
| Q4 25 | -0.21× | 1.86× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 2.60× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 2.72× | ||
| Q2 24 | — | 1.35× | ||
| Q1 24 | — | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
