vs
Side-by-side financial comparison of ESCO TECHNOLOGIES INC (ESE) 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 $289.7M, roughly 1.2× ESCO TECHNOLOGIES INC). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs 3.4%, a 6.5% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs 1.6%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $11.6M). Over the past eight quarters, ESCO TECHNOLOGIES INC's revenue compounded faster (7.8% CAGR vs 4.4%).
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
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.
ESE vs NGVC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $289.7M | $335.6M |
| Net Profit | $28.7M | $11.3M |
| Gross Margin | 41.4% | 29.5% |
| Operating Margin | 13.2% | 4.4% |
| Net Margin | 9.9% | 3.4% |
| Revenue YoY | 17.3% | 1.6% |
| Net Profit YoY | 22.2% | 14.0% |
| EPS (diluted) | $1.11 | $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 | $289.7M | $335.6M | ||
| Q3 25 | $286.5M | $336.1M | ||
| Q2 25 | $296.3M | $328.7M | ||
| Q1 25 | $265.5M | $335.8M | ||
| Q4 24 | $247.0M | $330.2M | ||
| Q3 24 | $298.5M | $322.7M | ||
| Q2 24 | $260.8M | $309.1M | ||
| Q1 24 | $249.1M | $308.1M |
| Q4 25 | $28.7M | $11.3M | ||
| Q3 25 | $218.7M | $11.8M | ||
| Q2 25 | $26.1M | $11.6M | ||
| Q1 25 | $31.0M | $13.1M | ||
| Q4 24 | $23.5M | $9.9M | ||
| Q3 24 | $34.3M | $9.0M | ||
| Q2 24 | $29.2M | $9.2M | ||
| Q1 24 | $23.2M | $8.0M |
| Q4 25 | 41.4% | 29.5% | ||
| Q3 25 | 45.9% | 29.5% | ||
| Q2 25 | 41.2% | 29.9% | ||
| Q1 25 | 41.1% | 30.3% | ||
| Q4 24 | 39.8% | 29.9% | ||
| Q3 24 | 40.1% | 29.6% | ||
| Q2 24 | 39.6% | 29.2% | ||
| Q1 24 | 38.8% | 29.3% |
| Q4 25 | 13.2% | 4.4% | ||
| Q3 25 | 17.2% | 4.6% | ||
| Q2 25 | 11.2% | 4.7% | ||
| Q1 25 | 15.3% | 5.2% | ||
| Q4 24 | 11.4% | 4.0% | ||
| Q3 24 | 14.8% | 3.7% | ||
| Q2 24 | 14.3% | 4.2% | ||
| Q1 24 | 11.7% | 3.7% |
| Q4 25 | 9.9% | 3.4% | ||
| Q3 25 | 76.3% | 3.5% | ||
| Q2 25 | 8.8% | 3.5% | ||
| Q1 25 | 11.7% | 3.9% | ||
| Q4 24 | 9.5% | 3.0% | ||
| Q3 24 | 11.5% | 2.8% | ||
| Q2 24 | 11.2% | 3.0% | ||
| Q1 24 | 9.3% | 2.6% |
| Q4 25 | $1.11 | $0.49 | ||
| Q3 25 | $8.43 | $0.51 | ||
| Q2 25 | $1.01 | $0.50 | ||
| Q1 25 | $1.20 | $0.56 | ||
| Q4 24 | $0.91 | $0.43 | ||
| Q3 24 | $1.32 | $0.38 | ||
| Q2 24 | $1.13 | $0.40 | ||
| Q1 24 | $0.90 | $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 | $103.8M | $23.2M |
| Total DebtLower is stronger | $145.5M | — |
| Stockholders' EquityBook value | $1.6B | $220.0M |
| Total Assets | $2.4B | $668.6M |
| Debt / EquityLower = less leverage | 0.09× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.8M | $23.2M | ||
| Q3 25 | $101.3M | $17.1M | ||
| Q2 25 | $78.7M | $13.2M | ||
| Q1 25 | $57.4M | $21.2M | ||
| Q4 24 | $71.3M | $6.3M | ||
| Q3 24 | $66.0M | $8.9M | ||
| Q2 24 | $63.0M | $13.9M | ||
| Q1 24 | $59.4M | $11.0M |
| Q4 25 | $145.5M | — | ||
| Q3 25 | $186.0M | — | ||
| Q2 25 | $525.0M | — | ||
| Q1 25 | $88.0M | — | ||
| Q4 24 | $112.0M | — | ||
| Q3 24 | $122.0M | — | ||
| Q2 24 | $173.0M | — | ||
| Q1 24 | $191.0M | — |
| Q4 25 | $1.6B | $220.0M | ||
| Q3 25 | $1.5B | $212.4M | ||
| Q2 25 | $1.3B | $202.5M | ||
| Q1 25 | $1.3B | $193.0M | ||
| Q4 24 | $1.2B | $181.9M | ||
| Q3 24 | $1.2B | $174.3M | ||
| Q2 24 | $1.2B | $167.8M | ||
| Q1 24 | $1.2B | $160.0M |
| Q4 25 | $2.4B | $668.6M | ||
| Q3 25 | $2.4B | $670.5M | ||
| Q2 25 | $2.5B | $659.0M | ||
| Q1 25 | $1.8B | $664.6M | ||
| Q4 24 | $1.8B | $648.9M | ||
| Q3 24 | $1.8B | $655.5M | ||
| Q2 24 | $1.8B | $654.4M | ||
| Q1 24 | $1.8B | $656.6M |
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.09× | — | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.16× | — |
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 | $68.9M | $21.1M |
| Free Cash FlowOCF − Capex | $63.0M | $11.6M |
| FCF MarginFCF / Revenue | 21.7% | 3.4% |
| Capex IntensityCapex / Revenue | 2.0% | 2.9% |
| Cash ConversionOCF / Net Profit | 2.40× | 1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $239.6M | $42.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.9M | $21.1M | ||
| Q3 25 | $109.9M | $15.6M | ||
| Q2 25 | $73.7M | $2.9M | ||
| Q1 25 | $24.1M | $34.1M | ||
| Q4 24 | $34.2M | $2.7M | ||
| Q3 24 | $72.1M | $24.5M | ||
| Q2 24 | $36.2M | $12.4M | ||
| Q1 24 | $10.5M | $20.2M |
| Q4 25 | $63.0M | $11.6M | ||
| Q3 25 | $97.8M | $7.5M | ||
| Q2 25 | $64.9M | $-4.2M | ||
| Q1 25 | $14.0M | $27.6M | ||
| Q4 24 | $29.0M | $-6.9M | ||
| Q3 24 | $60.9M | $18.0M | ||
| Q2 24 | $27.6M | $3.6M | ||
| Q1 24 | $2.0M | $9.8M |
| Q4 25 | 21.7% | 3.4% | ||
| Q3 25 | 34.1% | 2.2% | ||
| Q2 25 | 21.9% | -1.3% | ||
| Q1 25 | 5.3% | 8.2% | ||
| Q4 24 | 11.7% | -2.1% | ||
| Q3 24 | 20.4% | 5.6% | ||
| Q2 24 | 10.6% | 1.2% | ||
| Q1 24 | 0.8% | 3.2% |
| Q4 25 | 2.0% | 2.9% | ||
| Q3 25 | 4.2% | 2.4% | ||
| Q2 25 | 3.0% | 2.2% | ||
| Q1 25 | 3.8% | 1.9% | ||
| Q4 24 | 2.1% | 2.9% | ||
| Q3 24 | 3.8% | 2.0% | ||
| Q2 24 | 3.3% | 2.9% | ||
| Q1 24 | 3.4% | 3.4% |
| Q4 25 | 2.40× | 1.86× | ||
| Q3 25 | 0.50× | 1.32× | ||
| Q2 25 | 2.83× | 0.25× | ||
| Q1 25 | 0.78× | 2.60× | ||
| Q4 24 | 1.46× | 0.27× | ||
| Q3 24 | 2.10× | 2.72× | ||
| Q2 24 | 1.24× | 1.35× | ||
| Q1 24 | 0.45× | 2.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |