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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and PARK NATIONAL CORP (PRK). 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 $168.3M, roughly 2.0× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 3.4%, a 22.0% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs 1.6%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $11.6M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs 4.4%).
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.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
NGVC vs PRK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $335.6M | $168.3M |
| Net Profit | $11.3M | $42.6M |
| Gross Margin | 29.5% | — |
| Operating Margin | 4.4% | — |
| Net Margin | 3.4% | 25.3% |
| Revenue YoY | 1.6% | 2.2% |
| Net Profit YoY | 14.0% | 10.4% |
| EPS (diluted) | $0.49 | $2.62 |
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 | $335.6M | $168.3M | ||
| Q3 25 | $336.1M | $169.5M | ||
| Q2 25 | $328.7M | $168.7M | ||
| Q1 25 | $335.8M | $157.9M | ||
| Q4 24 | $330.2M | $164.7M | ||
| Q3 24 | $322.7M | $170.3M | ||
| Q2 24 | $309.1M | $157.7M | ||
| Q1 24 | $308.1M | $152.8M |
| Q4 25 | $11.3M | $42.6M | ||
| Q3 25 | $11.8M | $47.2M | ||
| Q2 25 | $11.6M | $48.1M | ||
| Q1 25 | $13.1M | $42.2M | ||
| Q4 24 | $9.9M | $38.6M | ||
| Q3 24 | $9.0M | $38.2M | ||
| Q2 24 | $9.2M | $39.4M | ||
| Q1 24 | $8.0M | $35.2M |
| 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 | 4.4% | — | ||
| Q3 25 | 4.6% | 34.3% | ||
| Q2 25 | 4.7% | 35.2% | ||
| Q1 25 | 5.2% | 32.4% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 3.7% | 27.4% | ||
| Q2 24 | 4.2% | 30.6% | ||
| Q1 24 | 3.7% | 27.8% |
| Q4 25 | 3.4% | 25.3% | ||
| Q3 25 | 3.5% | 27.8% | ||
| Q2 25 | 3.5% | 28.5% | ||
| Q1 25 | 3.9% | 26.7% | ||
| Q4 24 | 3.0% | 23.5% | ||
| Q3 24 | 2.8% | 22.4% | ||
| Q2 24 | 3.0% | 25.0% | ||
| Q1 24 | 2.6% | 23.0% |
| Q4 25 | $0.49 | $2.62 | ||
| Q3 25 | $0.51 | $2.92 | ||
| Q2 25 | $0.50 | $2.97 | ||
| Q1 25 | $0.56 | $2.60 | ||
| Q4 24 | $0.43 | $2.38 | ||
| Q3 24 | $0.38 | $2.35 | ||
| Q2 24 | $0.40 | $2.42 | ||
| Q1 24 | $0.35 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.2M | $233.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $220.0M | $1.4B |
| Total Assets | $668.6M | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.2M | $233.5M | ||
| Q3 25 | $17.1M | $218.9M | ||
| Q2 25 | $13.2M | $193.1M | ||
| Q1 25 | $21.2M | $237.6M | ||
| Q4 24 | $6.3M | $160.6M | ||
| Q3 24 | $8.9M | $201.7M | ||
| Q2 24 | $13.9M | $261.5M | ||
| Q1 24 | $11.0M | $306.1M |
| Q4 25 | $220.0M | $1.4B | ||
| Q3 25 | $212.4M | $1.3B | ||
| Q2 25 | $202.5M | $1.3B | ||
| Q1 25 | $193.0M | $1.3B | ||
| Q4 24 | $181.9M | $1.2B | ||
| Q3 24 | $174.3M | $1.2B | ||
| Q2 24 | $167.8M | $1.2B | ||
| Q1 24 | $160.0M | $1.2B |
| Q4 25 | $668.6M | $9.8B | ||
| Q3 25 | $670.5M | $9.9B | ||
| Q2 25 | $659.0M | $9.9B | ||
| Q1 25 | $664.6M | $9.9B | ||
| Q4 24 | $648.9M | $9.8B | ||
| Q3 24 | $655.5M | $9.9B | ||
| Q2 24 | $654.4M | $9.9B | ||
| Q1 24 | $656.6M | $9.9B |
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 | $21.1M | $198.3M |
| Free Cash FlowOCF − Capex | $11.6M | $191.9M |
| FCF MarginFCF / Revenue | 3.4% | 114.1% |
| Capex IntensityCapex / Revenue | 2.9% | 3.8% |
| Cash ConversionOCF / Net Profit | 1.86× | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | $42.6M | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.1M | $198.3M | ||
| Q3 25 | $15.6M | $52.6M | ||
| Q2 25 | $2.9M | $49.7M | ||
| Q1 25 | $34.1M | $37.9M | ||
| Q4 24 | $2.7M | $178.8M | ||
| Q3 24 | $24.5M | $43.8M | ||
| Q2 24 | $12.4M | $50.9M | ||
| Q1 24 | $20.2M | $35.0M |
| Q4 25 | $11.6M | $191.9M | ||
| Q3 25 | $7.5M | $51.1M | ||
| Q2 25 | $-4.2M | $48.4M | ||
| Q1 25 | $27.6M | $36.8M | ||
| Q4 24 | $-6.9M | $169.7M | ||
| Q3 24 | $18.0M | $41.7M | ||
| Q2 24 | $3.6M | $49.0M | ||
| Q1 24 | $9.8M | $31.9M |
| Q4 25 | 3.4% | 114.1% | ||
| Q3 25 | 2.2% | 30.1% | ||
| Q2 25 | -1.3% | 28.7% | ||
| Q1 25 | 8.2% | 23.3% | ||
| Q4 24 | -2.1% | 103.0% | ||
| Q3 24 | 5.6% | 24.5% | ||
| Q2 24 | 1.2% | 31.1% | ||
| Q1 24 | 3.2% | 20.8% |
| Q4 25 | 2.9% | 3.8% | ||
| Q3 25 | 2.4% | 0.9% | ||
| Q2 25 | 2.2% | 0.8% | ||
| Q1 25 | 1.9% | 0.7% | ||
| Q4 24 | 2.9% | 5.6% | ||
| Q3 24 | 2.0% | 1.2% | ||
| Q2 24 | 2.9% | 1.2% | ||
| Q1 24 | 3.4% | 2.1% |
| Q4 25 | 1.86× | 4.65× | ||
| Q3 25 | 1.32× | 1.11× | ||
| Q2 25 | 0.25× | 1.03× | ||
| Q1 25 | 2.60× | 0.90× | ||
| Q4 24 | 0.27× | 4.63× | ||
| Q3 24 | 2.72× | 1.14× | ||
| Q2 24 | 1.35× | 1.29× | ||
| Q1 24 | 2.54× | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
PRK
Segment breakdown not available.
