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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and UDR, Inc. (UDR). Click either name above to swap in a different company.
UDR, Inc. is the larger business by last-quarter revenue ($425.8M vs $335.6M, roughly 1.3× Natural Grocers by Vitamin Cottage, Inc.). UDR, Inc. runs the higher net margin — 44.6% vs 3.4%, a 41.2% gap on every dollar of revenue. On growth, Natural Grocers by Vitamin Cottage, Inc. posted the faster year-over-year revenue change (1.6% vs 0.9%). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs 1.3%).
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.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
NGVC vs UDR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $335.6M | $425.8M |
| Net Profit | $11.3M | $189.8M |
| Gross Margin | 29.5% | — |
| Operating Margin | 4.4% | 54.0% |
| Net Margin | 3.4% | 44.6% |
| Revenue YoY | 1.6% | 0.9% |
| Net Profit YoY | 14.0% | 147.2% |
| EPS (diluted) | $0.49 | $0.63 |
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.
| Q1 26 | — | $425.8M | ||
| Q4 25 | $335.6M | $433.1M | ||
| Q3 25 | $336.1M | $431.9M | ||
| Q2 25 | $328.7M | $425.4M | ||
| Q1 25 | $335.8M | $421.9M | ||
| Q4 24 | $330.2M | $422.7M | ||
| Q3 24 | $322.7M | $420.2M | ||
| Q2 24 | $309.1M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $11.3M | $222.9M | ||
| Q3 25 | $11.8M | $40.4M | ||
| Q2 25 | $11.6M | $37.7M | ||
| Q1 25 | $13.1M | $76.7M | ||
| Q4 24 | $9.9M | $-5.0M | ||
| Q3 24 | $9.0M | $22.6M | ||
| Q2 24 | $9.2M | $28.9M |
| Q1 26 | — | — | ||
| 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 26 | — | 54.0% | ||
| Q4 25 | 4.4% | 64.1% | ||
| Q3 25 | 4.6% | 17.7% | ||
| Q2 25 | 4.7% | 18.2% | ||
| Q1 25 | 5.2% | 29.0% | ||
| Q4 24 | 4.0% | 15.7% | ||
| Q3 24 | 3.7% | 16.6% | ||
| Q2 24 | 4.2% | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | 3.4% | 51.5% | ||
| Q3 25 | 3.5% | 9.4% | ||
| Q2 25 | 3.5% | 8.9% | ||
| Q1 25 | 3.9% | 18.2% | ||
| Q4 24 | 3.0% | -220.5% | ||
| Q3 24 | 2.8% | 5.4% | ||
| Q2 24 | 3.0% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | $0.49 | $0.67 | ||
| Q3 25 | $0.51 | $0.12 | ||
| Q2 25 | $0.50 | $0.11 | ||
| Q1 25 | $0.56 | $0.23 | ||
| Q4 24 | $0.43 | $-0.01 | ||
| Q3 24 | $0.38 | $0.06 | ||
| Q2 24 | $0.40 | $0.08 |
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 | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $220.0M | $3.3B |
| Total Assets | $668.6M | $10.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $23.2M | $1.2M | ||
| Q3 25 | $17.1M | $1.2M | ||
| Q2 25 | $13.2M | $1.5M | ||
| Q1 25 | $21.2M | $1.3M | ||
| Q4 24 | $6.3M | $1.3M | ||
| Q3 24 | $8.9M | $2.3M | ||
| Q2 24 | $13.9M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $220.0M | $3.3B | ||
| Q3 25 | $212.4M | $3.3B | ||
| Q2 25 | $202.5M | $3.3B | ||
| Q1 25 | $193.0M | $3.3B | ||
| Q4 24 | $181.9M | $3.4B | ||
| Q3 24 | $174.3M | $3.5B | ||
| Q2 24 | $167.8M | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $668.6M | $10.6B | ||
| Q3 25 | $670.5M | $10.6B | ||
| Q2 25 | $659.0M | $10.6B | ||
| Q1 25 | $664.6M | $10.7B | ||
| Q4 24 | $648.9M | $10.9B | ||
| Q3 24 | $655.5M | $11.1B | ||
| Q2 24 | $654.4M | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.74× | ||
| Q1 25 | — | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.55× |
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 | — |
| Free Cash FlowOCF − Capex | $11.6M | — |
| FCF MarginFCF / Revenue | 3.4% | — |
| Capex IntensityCapex / Revenue | 2.9% | 4.9% |
| Cash ConversionOCF / Net Profit | 1.86× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $21.1M | $902.9M | ||
| Q3 25 | $15.6M | $234.9M | ||
| Q2 25 | $2.9M | $250.3M | ||
| Q1 25 | $34.1M | $156.2M | ||
| Q4 24 | $2.7M | $876.8M | ||
| Q3 24 | $24.5M | $230.3M | ||
| Q2 24 | $12.4M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | $650.0M | ||
| Q3 25 | $7.5M | $164.6M | ||
| Q2 25 | $-4.2M | $190.1M | ||
| Q1 25 | $27.6M | $103.2M | ||
| Q4 24 | $-6.9M | $627.0M | ||
| Q3 24 | $18.0M | $161.3M | ||
| Q2 24 | $3.6M | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 150.1% | ||
| Q3 25 | 2.2% | 38.1% | ||
| Q2 25 | -1.3% | 44.7% | ||
| Q1 25 | 8.2% | 24.5% | ||
| Q4 24 | -2.1% | 148.3% | ||
| Q3 24 | 5.6% | 38.4% | ||
| Q2 24 | 1.2% | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 2.9% | 58.4% | ||
| Q3 25 | 2.4% | 16.3% | ||
| Q2 25 | 2.2% | 14.2% | ||
| Q1 25 | 1.9% | 12.6% | ||
| Q4 24 | 2.9% | 59.1% | ||
| Q3 24 | 2.0% | 16.4% | ||
| Q2 24 | 2.9% | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | 4.05× | ||
| Q3 25 | 1.32× | 5.81× | ||
| Q2 25 | 0.25× | 6.64× | ||
| Q1 25 | 2.60× | 2.04× | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 2.72× | 10.19× | ||
| Q2 24 | 1.35× | 8.26× |
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% |
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
