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Side-by-side financial comparison of Kimco Realty (KIM) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.

Kimco Realty is the larger business by last-quarter revenue ($542.5M vs $335.6M, roughly 1.6× Natural Grocers by Vitamin Cottage, Inc.). Kimco Realty runs the higher net margin — 27.9% vs 3.4%, a 24.5% gap on every dollar of revenue. On growth, Kimco Realty posted the faster year-over-year revenue change (3.2% vs 1.6%). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs 3.8%).

Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.

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.

KIM vs NGVC — Head-to-Head

Bigger by revenue
KIM
KIM
1.6× larger
KIM
$542.5M
$335.6M
NGVC
Growing faster (revenue YoY)
KIM
KIM
+1.6% gap
KIM
3.2%
1.6%
NGVC
Higher net margin
KIM
KIM
24.5% more per $
KIM
27.9%
3.4%
NGVC
Faster 2-yr revenue CAGR
NGVC
NGVC
Annualised
NGVC
4.4%
3.8%
KIM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KIM
KIM
NGVC
NGVC
Revenue
$542.5M
$335.6M
Net Profit
$151.2M
$11.3M
Gross Margin
29.5%
Operating Margin
36.4%
4.4%
Net Margin
27.9%
3.4%
Revenue YoY
3.2%
1.6%
Net Profit YoY
-9.0%
14.0%
EPS (diluted)
$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.

Revenue
KIM
KIM
NGVC
NGVC
Q4 25
$542.5M
$335.6M
Q3 25
$535.9M
$336.1M
Q2 25
$525.2M
$328.7M
Q1 25
$536.6M
$335.8M
Q4 24
$525.4M
$330.2M
Q3 24
$507.6M
$322.7M
Q2 24
$500.2M
$309.1M
Q1 24
$503.8M
$308.1M
Net Profit
KIM
KIM
NGVC
NGVC
Q4 25
$151.2M
$11.3M
Q3 25
$137.8M
$11.8M
Q2 25
$163.0M
$11.6M
Q1 25
$132.8M
$13.1M
Q4 24
$166.0M
$9.9M
Q3 24
$136.0M
$9.0M
Q2 24
$119.7M
$9.2M
Q1 24
$-11.0M
$8.0M
Gross Margin
KIM
KIM
NGVC
NGVC
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%
Operating Margin
KIM
KIM
NGVC
NGVC
Q4 25
36.4%
4.4%
Q3 25
34.9%
4.6%
Q2 25
39.2%
4.7%
Q1 25
33.6%
5.2%
Q4 24
31.7%
4.0%
Q3 24
33.7%
3.7%
Q2 24
32.1%
4.2%
Q1 24
25.9%
3.7%
Net Margin
KIM
KIM
NGVC
NGVC
Q4 25
27.9%
3.4%
Q3 25
25.7%
3.5%
Q2 25
31.0%
3.5%
Q1 25
24.8%
3.9%
Q4 24
31.6%
3.0%
Q3 24
26.8%
2.8%
Q2 24
23.9%
3.0%
Q1 24
-2.2%
2.6%
EPS (diluted)
KIM
KIM
NGVC
NGVC
Q4 25
$0.49
Q3 25
$0.51
Q2 25
$0.50
Q1 25
$0.56
Q4 24
$0.43
Q3 24
$0.38
Q2 24
$0.40
Q1 24
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KIM
KIM
NGVC
NGVC
Cash + ST InvestmentsLiquidity on hand
$211.6M
$23.2M
Total DebtLower is stronger
$7.7B
Stockholders' EquityBook value
$10.4B
$220.0M
Total Assets
$19.7B
$668.6M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KIM
KIM
NGVC
NGVC
Q4 25
$211.6M
$23.2M
Q3 25
$159.3M
$17.1M
Q2 25
$226.6M
$13.2M
Q1 25
$131.3M
$21.2M
Q4 24
$688.6M
$6.3M
Q3 24
$789.0M
$8.9M
Q2 24
$126.4M
$13.9M
Q1 24
$133.4M
$11.0M
Total Debt
KIM
KIM
NGVC
NGVC
Q4 25
$7.7B
Q3 25
Q2 25
Q1 25
Q4 24
$8.0B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KIM
KIM
NGVC
NGVC
Q4 25
$10.4B
$220.0M
Q3 25
$10.5B
$212.4M
Q2 25
$10.5B
$202.5M
Q1 25
$10.6B
$193.0M
Q4 24
$10.7B
$181.9M
Q3 24
$10.5B
$174.3M
Q2 24
$10.6B
$167.8M
Q1 24
$10.6B
$160.0M
Total Assets
KIM
KIM
NGVC
NGVC
Q4 25
$19.7B
$668.6M
Q3 25
$19.9B
$670.5M
Q2 25
$19.8B
$659.0M
Q1 25
$19.7B
$664.6M
Q4 24
$20.3B
$648.9M
Q3 24
$20.1B
$655.5M
Q2 24
$19.5B
$654.4M
Q1 24
$19.5B
$656.6M
Debt / Equity
KIM
KIM
NGVC
NGVC
Q4 25
0.74×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KIM
KIM
NGVC
NGVC
Operating Cash FlowLast quarter
$258.4M
$21.1M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
0.0%
2.9%
Cash ConversionOCF / Net Profit
1.71×
1.86×
TTM Free Cash FlowTrailing 4 quarters
$42.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KIM
KIM
NGVC
NGVC
Q4 25
$258.4M
$21.1M
Q3 25
$332.4M
$15.6M
Q2 25
$305.4M
$2.9M
Q1 25
$223.8M
$34.1M
Q4 24
$239.5M
$2.7M
Q3 24
$295.9M
$24.5M
Q2 24
$294.1M
$12.4M
Q1 24
$176.1M
$20.2M
Free Cash Flow
KIM
KIM
NGVC
NGVC
Q4 25
$11.6M
Q3 25
$7.5M
Q2 25
$-4.2M
Q1 25
$205.4M
$27.6M
Q4 24
$-6.9M
Q3 24
$18.0M
Q2 24
$3.6M
Q1 24
$9.8M
FCF Margin
KIM
KIM
NGVC
NGVC
Q4 25
3.4%
Q3 25
2.2%
Q2 25
-1.3%
Q1 25
38.3%
8.2%
Q4 24
-2.1%
Q3 24
5.6%
Q2 24
1.2%
Q1 24
3.2%
Capex Intensity
KIM
KIM
NGVC
NGVC
Q4 25
0.0%
2.9%
Q3 25
0.0%
2.4%
Q2 25
0.0%
2.2%
Q1 25
3.4%
1.9%
Q4 24
2.9%
Q3 24
2.0%
Q2 24
2.9%
Q1 24
3.4%
Cash Conversion
KIM
KIM
NGVC
NGVC
Q4 25
1.71×
1.86×
Q3 25
2.41×
1.32×
Q2 25
1.87×
0.25×
Q1 25
1.69×
2.60×
Q4 24
1.44×
0.27×
Q3 24
2.18×
2.72×
Q2 24
2.46×
1.35×
Q1 24
2.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KIM
KIM

Segment breakdown not available.

NGVC
NGVC

Grocery$243.8M73%
Dietary Supplements$60.7M18%
Manufactured Product Other$31.0M9%

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