vs

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

SEI INVESTMENTS CO is the larger business by last-quarter revenue ($622.2M vs $335.6M, roughly 1.9× Natural Grocers by Vitamin Cottage, Inc.). SEI INVESTMENTS CO runs the higher net margin — 28.0% vs 3.4%, a 24.7% gap on every dollar of revenue. On growth, SEI INVESTMENTS CO posted the faster year-over-year revenue change (13.0% vs 1.6%). Over the past eight quarters, SEI INVESTMENTS CO's revenue compounded faster (9.5% 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.

SEI Investments Company, formerly Simulated Environments Inc., is a financial services company headquartered in Oaks, Pennsylvania, United States. SEI provides products and services to institutions, private banks, investment advisors, investment managers, and private clients. Through its subsidiaries and partnerships in which the company has significant interests, SEI manages, advises or administers $1 trillion in hedge funds, private equity, mutual funds and pooled or separately managed asse...

NGVC vs SEIC — Head-to-Head

Bigger by revenue
SEIC
SEIC
1.9× larger
SEIC
$622.2M
$335.6M
NGVC
Growing faster (revenue YoY)
SEIC
SEIC
+11.4% gap
SEIC
13.0%
1.6%
NGVC
Higher net margin
SEIC
SEIC
24.7% more per $
SEIC
28.0%
3.4%
NGVC
Faster 2-yr revenue CAGR
SEIC
SEIC
Annualised
SEIC
9.5%
4.4%
NGVC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NGVC
NGVC
SEIC
SEIC
Revenue
$335.6M
$622.2M
Net Profit
$11.3M
$174.5M
Gross Margin
29.5%
Operating Margin
4.4%
30.5%
Net Margin
3.4%
28.0%
Revenue YoY
1.6%
13.0%
Net Profit YoY
14.0%
15.0%
EPS (diluted)
$0.49
$1.40

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
SEIC
SEIC
Q1 26
$622.2M
Q4 25
$335.6M
$607.9M
Q3 25
$336.1M
$578.5M
Q2 25
$328.7M
$559.6M
Q1 25
$335.8M
$551.3M
Q4 24
$330.2M
$557.2M
Q3 24
$322.7M
$537.4M
Q2 24
$309.1M
$519.0M
Net Profit
NGVC
NGVC
SEIC
SEIC
Q1 26
$174.5M
Q4 25
$11.3M
$172.5M
Q3 25
$11.8M
$164.2M
Q2 25
$11.6M
$227.1M
Q1 25
$13.1M
$151.5M
Q4 24
$9.9M
$155.8M
Q3 24
$9.0M
$154.9M
Q2 24
$9.2M
$139.1M
Gross Margin
NGVC
NGVC
SEIC
SEIC
Q1 26
Q4 25
29.5%
36.8%
Q3 25
29.5%
35.0%
Q2 25
29.9%
33.8%
Q1 25
30.3%
34.9%
Q4 24
29.9%
33.1%
Q3 24
29.6%
33.8%
Q2 24
29.2%
32.7%
Operating Margin
NGVC
NGVC
SEIC
SEIC
Q1 26
30.5%
Q4 25
4.4%
26.6%
Q3 25
4.6%
27.7%
Q2 25
4.7%
26.6%
Q1 25
5.2%
28.5%
Q4 24
4.0%
26.1%
Q3 24
3.7%
26.8%
Q2 24
4.2%
26.3%
Net Margin
NGVC
NGVC
SEIC
SEIC
Q1 26
28.0%
Q4 25
3.4%
28.4%
Q3 25
3.5%
28.4%
Q2 25
3.5%
40.6%
Q1 25
3.9%
27.5%
Q4 24
3.0%
28.0%
Q3 24
2.8%
28.8%
Q2 24
3.0%
26.8%
EPS (diluted)
NGVC
NGVC
SEIC
SEIC
Q1 26
$1.40
Q4 25
$0.49
$1.38
Q3 25
$0.51
$1.30
Q2 25
$0.50
$1.78
Q1 25
$0.56
$1.17
Q4 24
$0.43
$1.18
Q3 24
$0.38
$1.19
Q2 24
$0.40
$1.05

Balance Sheet & Financial Strength

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

Metric
NGVC
NGVC
SEIC
SEIC
Cash + ST InvestmentsLiquidity on hand
$23.2M
$363.1M
Total DebtLower is stronger
$32.4M
Stockholders' EquityBook value
$220.0M
$2.5B
Total Assets
$668.6M
$3.3B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGVC
NGVC
SEIC
SEIC
Q1 26
$363.1M
Q4 25
$23.2M
$399.8M
Q3 25
$17.1M
Q2 25
$13.2M
Q1 25
$21.2M
$710.7M
Q4 24
$6.3M
$839.9M
Q3 24
$8.9M
$901.1M
Q2 24
$13.9M
$768.3M
Total Debt
NGVC
NGVC
SEIC
SEIC
Q1 26
$32.4M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
NGVC
NGVC
SEIC
SEIC
Q1 26
$2.5B
Q4 25
$220.0M
$2.4B
Q3 25
$212.4M
$2.4B
Q2 25
$202.5M
$2.3B
Q1 25
$193.0M
$2.3B
Q4 24
$181.9M
$2.3B
Q3 24
$174.3M
$2.4B
Q2 24
$167.8M
$2.2B
Total Assets
NGVC
NGVC
SEIC
SEIC
Q1 26
$3.3B
Q4 25
$668.6M
Q3 25
$670.5M
Q2 25
$659.0M
$2.6B
Q1 25
$664.6M
$2.6B
Q4 24
$648.9M
$2.7B
Q3 24
$655.5M
$2.7B
Q2 24
$654.4M
$2.5B
Debt / Equity
NGVC
NGVC
SEIC
SEIC
Q1 26
0.01×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGVC
NGVC
SEIC
SEIC
Q1 26
Q4 25
$21.1M
$126.4M
Q3 25
$15.6M
$238.3M
Q2 25
$2.9M
$96.5M
Q1 25
$34.1M
$146.5M
Q4 24
$2.7M
$195.3M
Q3 24
$24.5M
$200.0M
Q2 24
$12.4M
$114.7M
Free Cash Flow
NGVC
NGVC
SEIC
SEIC
Q1 26
Q4 25
$11.6M
$124.8M
Q3 25
$7.5M
$229.6M
Q2 25
$-4.2M
$92.7M
Q1 25
$27.6M
$137.8M
Q4 24
$-6.9M
$190.2M
Q3 24
$18.0M
$193.7M
Q2 24
$3.6M
$107.0M
FCF Margin
NGVC
NGVC
SEIC
SEIC
Q1 26
Q4 25
3.4%
20.5%
Q3 25
2.2%
39.7%
Q2 25
-1.3%
16.6%
Q1 25
8.2%
25.0%
Q4 24
-2.1%
34.1%
Q3 24
5.6%
36.0%
Q2 24
1.2%
20.6%
Capex Intensity
NGVC
NGVC
SEIC
SEIC
Q1 26
Q4 25
2.9%
0.3%
Q3 25
2.4%
1.5%
Q2 25
2.2%
0.7%
Q1 25
1.9%
1.6%
Q4 24
2.9%
0.9%
Q3 24
2.0%
1.2%
Q2 24
2.9%
1.5%
Cash Conversion
NGVC
NGVC
SEIC
SEIC
Q1 26
Q4 25
1.86×
0.73×
Q3 25
1.32×
1.45×
Q2 25
0.25×
0.43×
Q1 25
2.60×
0.97×
Q4 24
0.27×
1.25×
Q3 24
2.72×
1.29×
Q2 24
1.35×
0.82×

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%

SEIC
SEIC

Segment breakdown not available.

Related Comparisons