vs

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

RPC INC is the larger business by last-quarter revenue ($425.8M vs $335.6M, roughly 1.3× Natural Grocers by Vitamin Cottage, Inc.). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -0.7%, a 4.1% gap on every dollar of revenue. On growth, RPC INC posted the faster year-over-year revenue change (27.0% vs 1.6%). RPC INC produced more free cash flow last quarter ($31.2M vs $11.6M). Over the past eight quarters, RPC INC's revenue compounded faster (6.2% 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.

RPC Group plc is based in the United Kingdom, and is one of Europe's largest supplier of plastic packaging. Its headquarters are in Rushden in Northamptonshire. It was listed on the London Stock Exchange until it was acquired in 2019 by Berry Global Group Inc, which in turn was acquired by Amcor in 2025.

NGVC vs RES — Head-to-Head

Bigger by revenue
RES
RES
1.3× larger
RES
$425.8M
$335.6M
NGVC
Growing faster (revenue YoY)
RES
RES
+25.3% gap
RES
27.0%
1.6%
NGVC
Higher net margin
NGVC
NGVC
4.1% more per $
NGVC
3.4%
-0.7%
RES
More free cash flow
RES
RES
$19.7M more FCF
RES
$31.2M
$11.6M
NGVC
Faster 2-yr revenue CAGR
RES
RES
Annualised
RES
6.2%
4.4%
NGVC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NGVC
NGVC
RES
RES
Revenue
$335.6M
$425.8M
Net Profit
$11.3M
$-3.1M
Gross Margin
29.5%
21.0%
Operating Margin
4.4%
-0.9%
Net Margin
3.4%
-0.7%
Revenue YoY
1.6%
27.0%
Net Profit YoY
14.0%
-124.0%
EPS (diluted)
$0.49
$-0.02

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
NGVC
NGVC
RES
RES
Q4 25
$335.6M
$425.8M
Q3 25
$336.1M
$447.1M
Q2 25
$328.7M
$420.8M
Q1 25
$335.8M
$332.9M
Q4 24
$330.2M
$335.4M
Q3 24
$322.7M
$337.7M
Q2 24
$309.1M
$364.2M
Q1 24
$308.1M
$377.8M
Net Profit
NGVC
NGVC
RES
RES
Q4 25
$11.3M
$-3.1M
Q3 25
$11.8M
$13.0M
Q2 25
$11.6M
$10.1M
Q1 25
$13.1M
$12.0M
Q4 24
$9.9M
$12.8M
Q3 24
$9.0M
$18.8M
Q2 24
$9.2M
$32.4M
Q1 24
$8.0M
$27.5M
Gross Margin
NGVC
NGVC
RES
RES
Q4 25
29.5%
21.0%
Q3 25
29.5%
25.1%
Q2 25
29.9%
24.5%
Q1 25
30.3%
26.7%
Q4 24
29.9%
25.4%
Q3 24
29.6%
26.7%
Q2 24
29.2%
28.0%
Q1 24
29.3%
26.8%
Operating Margin
NGVC
NGVC
RES
RES
Q4 25
4.4%
-0.9%
Q3 25
4.6%
4.7%
Q2 25
4.7%
3.7%
Q1 25
5.2%
3.7%
Q4 24
4.0%
3.1%
Q3 24
3.7%
5.7%
Q2 24
4.2%
9.7%
Q1 24
3.7%
8.6%
Net Margin
NGVC
NGVC
RES
RES
Q4 25
3.4%
-0.7%
Q3 25
3.5%
2.9%
Q2 25
3.5%
2.4%
Q1 25
3.9%
3.6%
Q4 24
3.0%
3.8%
Q3 24
2.8%
5.6%
Q2 24
3.0%
8.9%
Q1 24
2.6%
7.3%
EPS (diluted)
NGVC
NGVC
RES
RES
Q4 25
$0.49
$-0.02
Q3 25
$0.51
$0.06
Q2 25
$0.50
$0.05
Q1 25
$0.56
$0.06
Q4 24
$0.43
$0.06
Q3 24
$0.38
$0.09
Q2 24
$0.40
$0.15
Q1 24
$0.35
$0.13

Balance Sheet & Financial Strength

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

Metric
NGVC
NGVC
RES
RES
Cash + ST InvestmentsLiquidity on hand
$23.2M
$210.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$220.0M
$1.1B
Total Assets
$668.6M
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGVC
NGVC
RES
RES
Q4 25
$23.2M
$210.0M
Q3 25
$17.1M
$163.5M
Q2 25
$13.2M
$162.1M
Q1 25
$21.2M
$326.7M
Q4 24
$6.3M
$326.0M
Q3 24
$8.9M
$276.9M
Q2 24
$13.9M
$261.5M
Q1 24
$11.0M
$212.2M
Stockholders' Equity
NGVC
NGVC
RES
RES
Q4 25
$220.0M
$1.1B
Q3 25
$212.4M
$1.1B
Q2 25
$202.5M
$1.1B
Q1 25
$193.0M
$1.1B
Q4 24
$181.9M
$1.1B
Q3 24
$174.3M
$1.1B
Q2 24
$167.8M
$1.1B
Q1 24
$160.0M
$1.0B
Total Assets
NGVC
NGVC
RES
RES
Q4 25
$668.6M
$1.5B
Q3 25
$670.5M
$1.5B
Q2 25
$659.0M
$1.5B
Q1 25
$664.6M
$1.3B
Q4 24
$648.9M
$1.4B
Q3 24
$655.5M
$1.3B
Q2 24
$654.4M
$1.3B
Q1 24
$656.6M
$1.3B

Cash Flow & Capital Efficiency

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

Metric
NGVC
NGVC
RES
RES
Operating Cash FlowLast quarter
$21.1M
$61.9M
Free Cash FlowOCF − Capex
$11.6M
$31.2M
FCF MarginFCF / Revenue
3.4%
7.3%
Capex IntensityCapex / Revenue
2.9%
7.2%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$42.6M
$52.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGVC
NGVC
RES
RES
Q4 25
$21.1M
$61.9M
Q3 25
$15.6M
$46.5M
Q2 25
$2.9M
$53.1M
Q1 25
$34.1M
$39.9M
Q4 24
$2.7M
$94.2M
Q3 24
$24.5M
$70.7M
Q2 24
$12.4M
$127.9M
Q1 24
$20.2M
$56.6M
Free Cash Flow
NGVC
NGVC
RES
RES
Q4 25
$11.6M
$31.2M
Q3 25
$7.5M
$4.1M
Q2 25
$-4.2M
$10.0M
Q1 25
$27.6M
$7.6M
Q4 24
$-6.9M
$53.7M
Q3 24
$18.0M
$19.1M
Q2 24
$3.6M
$52.9M
Q1 24
$9.8M
$3.8M
FCF Margin
NGVC
NGVC
RES
RES
Q4 25
3.4%
7.3%
Q3 25
2.2%
0.9%
Q2 25
-1.3%
2.4%
Q1 25
8.2%
2.3%
Q4 24
-2.1%
16.0%
Q3 24
5.6%
5.6%
Q2 24
1.2%
14.5%
Q1 24
3.2%
1.0%
Capex Intensity
NGVC
NGVC
RES
RES
Q4 25
2.9%
7.2%
Q3 25
2.4%
9.5%
Q2 25
2.2%
10.2%
Q1 25
1.9%
9.7%
Q4 24
2.9%
12.1%
Q3 24
2.0%
15.3%
Q2 24
2.9%
20.6%
Q1 24
3.4%
14.0%
Cash Conversion
NGVC
NGVC
RES
RES
Q4 25
1.86×
Q3 25
1.32×
3.59×
Q2 25
0.25×
5.23×
Q1 25
2.60×
3.31×
Q4 24
0.27×
7.38×
Q3 24
2.72×
3.76×
Q2 24
1.35×
3.95×
Q1 24
2.54×
2.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGVC
NGVC

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

RES
RES

Technical Service$405.2M95%
Other$8.8M2%
Nitrogen$6.6M2%

Related Comparisons