NGVC
FY2025 data Public-data reference. official source

Natural Grocers by Vitamin Cottage, Inc.

Data updated July 2026

Open-data reference.

PlainCEOPay home → About this data
Food Stores · DE · FY2025
CEO-to-Worker Pay Ratio
15:1
Below Average (Scale: 0–1000:1)
CEO Pay
$623K
Median Worker
$41,538
A component-level pay breakdown (salary, bonus, equity, perks, pension) is not reported in Natural Grocers by Vitamin Cottage, Inc.'s structured SEC pay-ratio disclosure. Only the CEO-to-median-worker ratio is required under Dodd-Frank §953(b); see our methodology for what each filing does and doesn't disclose.

Natural Grocers by Vitamin Cottage, Inc., a food stores company, reported a CEO-to-worker pay ratio of 15:1 in FY2025. The CEO received total compensation of $623K, while the median employee earned $41,538 annually. This is below the Food Stores industry median of 282:1 across 6 companies. Data sourced from SEC EDGAR proxy (DEF 14A) filings.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Natural Grocers by Vitamin Cottage, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Industry Comparison - Food Stores

This Company's Ratio
15:1
Industry Median Ratio
282:1
Industry Median CEO Pay
$4.6M
This CEO's Pay
$623K
Companies in Industry
6
vs. Industry Median
Below
Pay-Ratio Rank in Industry
#6 of 6
View all companies in Food Stores →

Understanding This Pay Ratio

Natural Grocers by Vitamin Cottage, Inc.'s CEO-to-worker pay ratio of 15:1 means that the CEO earned 15 times more than the company's median employee in FY2025.

The median employee at Natural Grocers by Vitamin Cottage, Inc. earned $41,538 annually. At that wage, it would take a median employee approximately 15 years to earn what the CEO earned in a single year.

Why cross-company pay-ratio comparisons need caution

SEC rules let each company choose its own methodology for identifying the "median employee" (measurement date, statistical sampling, whether part-time pay is annualized, and a de minimis exemption for up to 5% of non-U.S. employees), so a higher ratio doesn't automatically mean less-fair pay practices, it can also reflect workforce mix (a large offshore, outsourced, or part-time-heavy workforce lowers the reported median and raises the ratio for reasons unrelated to CEO compensation itself).

CEO Total Pay

$623K

FY2025 Summary Compensation

Pay Ratio

15:1

Below typical industry median

What This 2025 Filing Tells Us About Natural Grocers by Vitamin Cottage, Inc.

According to the 2025 DEF 14A proxy statement filed with the SEC, Natural Grocers by Vitamin Cottage, Inc. (NGVC, CIK 1547459) reported the CEO's total compensation at $623K. The proxy statement's structured pay-ratio disclosure reports this total but does not break it down by salary, bonus, equity, or other components. The median employee at the firm, the reference point mandated by Section 953(b) of the Dodd-Frank Act, earned $41,538 over the same fiscal year, producing the headline CEO-to-worker pay ratio of 15:1 that this page tracks.

Natural Grocers by Vitamin Cottage, Inc. operates in the Food Stores sector and is headquartered in DE. Across the Food Stores industry (SIC 54), 6 SEC-reporting companies disclosed pay ratios in FY2025, with a median of 282:1 and an average of 278:1. Median industry CEO pay was $4.6M, so Natural Grocers by Vitamin Cottage, Inc.'s $623K sits at or below that typical figure.

This proxy was filed on 2026-01-22; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.

What these SEC numbers do and do not include

Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more, or less, depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year.

Key Data, FY2025

CEO
Not disclosed
Total Compensation
$623K
Median Employee Pay
$41,538
Pay Ratio
15:1
Filing Date
2026-01-22

Company Info

Ticker
NGVC
CIK
1547459
Industry
Food Stores
SIC Code
5411
State
DE
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with official SEC filings at sec.gov.

Frequently Asked Questions

What is the CEO pay ratio at Natural Grocers by Vitamin Cottage, Inc.?
Natural Grocers by Vitamin Cottage, Inc.'s CEO-to-worker pay ratio is 15:1. The CEO earned $623K in FY2025, while the median employee earned $41,538.
How much does Natural Grocers by Vitamin Cottage, Inc.'s CEO earn?
The CEO of Natural Grocers by Vitamin Cottage, Inc. (NGVC) earned total compensation of $623K in fiscal year 2025, according to SEC proxy filings.
How does Natural Grocers by Vitamin Cottage, Inc.'s pay ratio compare to its industry?
Natural Grocers by Vitamin Cottage, Inc.'s pay ratio of 15:1 is below the Food Stores industry median of 282:1. The industry has 6 companies reporting pay ratios. By pay ratio, Natural Grocers by Vitamin Cottage, Inc. ranks #6 of 6 companies in Food Stores (17th percentile).
Where does Natural Grocers by Vitamin Cottage, Inc.'s CEO pay data come from?
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. Companies are required by the Dodd-Frank Act to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates this publicly available data for easy comparison.
What is included in the CEO's total compensation?
PlainCEOPay reports the CEO total-compensation figure disclosed with the company's pay-ratio filing. The current dataset does not extract its underlying Summary Compensation Table line items, so this page does not provide a salary, bonus, equity, or other-component breakdown.
How long would it take a median Natural Grocers by Vitamin Cottage, Inc. employee to earn the CEO's pay?
At a median salary of $41,538, it would take the typical Natural Grocers by Vitamin Cottage, Inc. employee approximately 15 years to earn what the CEO earned in a single year ($623K in FY2025).

Companies With a Similar Pay Ratio

Same-industry (SIC 54) companies closest to Natural Grocers by Vitamin Cottage, Inc.'s FY2025 pay ratio.

Related

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed July 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Executive pay figures are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.