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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and STONERIDGE INC (SRI). 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 $205.2M, roughly 1.6× STONERIDGE INC). On growth, Natural Grocers by Vitamin Cottage, Inc. posted the faster year-over-year revenue change (1.6% vs -6.0%). Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $2.6M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -7.4%).
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.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
NGVC vs SRI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $335.6M | $205.2M |
| Net Profit | $11.3M | — |
| Gross Margin | 29.5% | 16.2% |
| Operating Margin | 4.4% | -14.4% |
| Net Margin | 3.4% | — |
| Revenue YoY | 1.6% | -6.0% |
| Net Profit YoY | 14.0% | — |
| EPS (diluted) | $0.49 | $-2.76 |
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 | $205.2M | ||
| Q3 25 | $336.1M | $210.3M | ||
| Q2 25 | $328.7M | $228.0M | ||
| Q1 25 | $335.8M | $217.9M | ||
| Q4 24 | $330.2M | $218.2M | ||
| Q3 24 | $322.7M | $213.8M | ||
| Q2 24 | $309.1M | $237.1M | ||
| Q1 24 | $308.1M | $239.2M |
| Q4 25 | $11.3M | — | ||
| Q3 25 | $11.8M | $-9.4M | ||
| Q2 25 | $11.6M | $-9.4M | ||
| Q1 25 | $13.1M | $-7.2M | ||
| Q4 24 | $9.9M | — | ||
| Q3 24 | $9.0M | $-7.1M | ||
| Q2 24 | $9.2M | $2.8M | ||
| Q1 24 | $8.0M | $-6.1M |
| Q4 25 | 29.5% | 16.2% | ||
| Q3 25 | 29.5% | 20.3% | ||
| Q2 25 | 29.9% | 21.5% | ||
| Q1 25 | 30.3% | 21.2% | ||
| Q4 24 | 29.9% | 19.5% | ||
| Q3 24 | 29.6% | 20.8% | ||
| Q2 24 | 29.2% | 22.7% | ||
| Q1 24 | 29.3% | 20.2% |
| Q4 25 | 4.4% | -14.4% | ||
| Q3 25 | 4.6% | -1.6% | ||
| Q2 25 | 4.7% | -1.1% | ||
| Q1 25 | 5.2% | -1.5% | ||
| Q4 24 | 4.0% | -2.0% | ||
| Q3 24 | 3.7% | 0.1% | ||
| Q2 24 | 4.2% | 1.4% | ||
| Q1 24 | 3.7% | 0.1% |
| Q4 25 | 3.4% | — | ||
| Q3 25 | 3.5% | -4.5% | ||
| Q2 25 | 3.5% | -4.1% | ||
| Q1 25 | 3.9% | -3.3% | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.8% | -3.3% | ||
| Q2 24 | 3.0% | 1.2% | ||
| Q1 24 | 2.6% | -2.6% |
| Q4 25 | $0.49 | $-2.76 | ||
| Q3 25 | $0.51 | $-0.34 | ||
| Q2 25 | $0.50 | $-0.34 | ||
| Q1 25 | $0.56 | $-0.26 | ||
| Q4 24 | $0.43 | $-0.22 | ||
| Q3 24 | $0.38 | $-0.26 | ||
| Q2 24 | $0.40 | $0.10 | ||
| Q1 24 | $0.35 | $-0.22 |
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 | $66.3M |
| Total DebtLower is stronger | — | $180.9M |
| Stockholders' EquityBook value | $220.0M | $179.8M |
| Total Assets | $668.6M | $551.2M |
| Debt / EquityLower = less leverage | — | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.2M | $66.3M | ||
| Q3 25 | $17.1M | $54.0M | ||
| Q2 25 | $13.2M | $49.8M | ||
| Q1 25 | $21.2M | $79.1M | ||
| Q4 24 | $6.3M | $71.8M | ||
| Q3 24 | $8.9M | $54.1M | ||
| Q2 24 | $13.9M | $42.1M | ||
| Q1 24 | $11.0M | $48.4M |
| Q4 25 | — | $180.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $201.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $220.0M | $179.8M | ||
| Q3 25 | $212.4M | $251.2M | ||
| Q2 25 | $202.5M | $260.5M | ||
| Q1 25 | $193.0M | $253.1M | ||
| Q4 24 | $181.9M | $245.3M | ||
| Q3 24 | $174.3M | $271.4M | ||
| Q2 24 | $167.8M | $270.5M | ||
| Q1 24 | $160.0M | $277.3M |
| Q4 25 | $668.6M | $551.2M | ||
| Q3 25 | $670.5M | $632.1M | ||
| Q2 25 | $659.0M | $639.4M | ||
| Q1 25 | $664.6M | $657.4M | ||
| Q4 24 | $648.9M | $621.6M | ||
| Q3 24 | $655.5M | $662.5M | ||
| Q2 24 | $654.4M | $666.7M | ||
| Q1 24 | $656.6M | $675.4M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.82× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $21.1M | $8.8M |
| Free Cash FlowOCF − Capex | $11.6M | $2.6M |
| FCF MarginFCF / Revenue | 3.4% | 1.3% |
| Capex IntensityCapex / Revenue | 2.9% | 3.0% |
| Cash ConversionOCF / Net Profit | 1.86× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.6M | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.1M | $8.8M | ||
| Q3 25 | $15.6M | $3.6M | ||
| Q2 25 | $2.9M | $10.7M | ||
| Q1 25 | $34.1M | $10.9M | ||
| Q4 24 | $2.7M | $19.2M | ||
| Q3 24 | $24.5M | $10.8M | ||
| Q2 24 | $12.4M | $8.7M | ||
| Q1 24 | $20.2M | $9.1M |
| Q4 25 | $11.6M | $2.6M | ||
| Q3 25 | $7.5M | $-2.7M | ||
| Q2 25 | $-4.2M | $7.4M | ||
| Q1 25 | $27.6M | $4.8M | ||
| Q4 24 | $-6.9M | $14.0M | ||
| Q3 24 | $18.0M | $4.6M | ||
| Q2 24 | $3.6M | $1.5M | ||
| Q1 24 | $9.8M | $3.3M |
| Q4 25 | 3.4% | 1.3% | ||
| Q3 25 | 2.2% | -1.3% | ||
| Q2 25 | -1.3% | 3.3% | ||
| Q1 25 | 8.2% | 2.2% | ||
| Q4 24 | -2.1% | 6.4% | ||
| Q3 24 | 5.6% | 2.2% | ||
| Q2 24 | 1.2% | 0.6% | ||
| Q1 24 | 3.2% | 1.4% |
| Q4 25 | 2.9% | 3.0% | ||
| Q3 25 | 2.4% | 3.0% | ||
| Q2 25 | 2.2% | 1.4% | ||
| Q1 25 | 1.9% | 2.8% | ||
| Q4 24 | 2.9% | 2.4% | ||
| Q3 24 | 2.0% | 2.9% | ||
| Q2 24 | 2.9% | 3.0% | ||
| Q1 24 | 3.4% | 2.4% |
| Q4 25 | 1.86× | — | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 2.72× | — | ||
| Q2 24 | 1.35× | 3.11× | ||
| Q1 24 | 2.54× | — |
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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
