Natural Grocers by Vitamin Cottage, Inc. (NGVC) - Dilution Analysis

Visualizing historical and potential share dilution over time

View Stock Details

American Express® Business Gold Card

Earn Up to 200K Membership Rewards® Points

4X on your top 2 spending categories. Transfer to 20+ airline & hotel partners. Terms apply.

Learn More

Dilution Analysis

Low Risk

Limited dilution potential

Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 1.21% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

23M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

NGVC currently has 23M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 1.21% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
May 07, 2026	10-Q filing \| 23.0M shares outstanding	23M
Dec 11, 2025	10-K filing \| 22.9M shares outstanding	23M
Aug 07, 2025	10-Q filing \| 23.0M shares outstanding	23M
May 08, 2025	10-Q filing \| 22.9M shares outstanding	23M
Feb 06, 2025	10-Q filing \| 22.9M shares outstanding	23M
Dec 12, 2024	10-K filing \| 22.8M shares outstanding	23M
Aug 08, 2024	10-Q filing \| 22.8M shares outstanding	23M
May 09, 2024	10-Q filing \| 22.8M shares outstanding	23M
Feb 08, 2024	10-Q filing \| 22.8M shares outstanding	23M
Dec 07, 2023	10-K filing \| 22.7M shares outstanding	23M
Aug 03, 2023	10-Q filing \| 22.7M shares outstanding	23M
May 04, 2023	10-Q filing \| 22.7M shares outstanding	23M
Feb 02, 2023	10-Q filing \| 22.7M shares outstanding	23M
Dec 08, 2022	10-K filing \| 22.7M shares outstanding	23M
Aug 04, 2022	10-Q filing \| 22.7M shares outstanding	23M
May 05, 2022	10-Q filing \| 22.7M shares outstanding	23M
Feb 03, 2022	10-Q filing \| 22.6M shares outstanding	23M
Dec 09, 2021	10-K filing \| 22.6M shares outstanding	23M
Aug 05, 2021	10-Q filing \| 22.6M shares outstanding	23M
May 06, 2021	10-Q filing \| 22.6M shares outstanding	23M
Feb 04, 2021	10-Q filing \| 22.6M shares outstanding	23M
Dec 10, 2020	10-K filing \| 22.6M shares outstanding	23M
Aug 06, 2020	10-Q filing \| 22.5M shares outstanding	23M
May 07, 2020	10-Q filing \| 22.5M shares outstanding	22M
Feb 06, 2020	10-Q filing \| 22.5M shares outstanding	22M

Back to NGVC Details