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Ingles Markets, Incorporated IMKTA R2K

Consumer Defensive · Grocery Stores · United States
https://www.ingles-markets.com

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the United States. The company offers food products, such as grocery, meat, and dairy products, produce, frozen food, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items, organic, and locally sourced items. It also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, the company provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. It operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

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$88.46
+43.26% 1Y

Market & Price

Market Cap
$1.68B
Current Price
$88.46
High / Low (52W)
$95.23 / $59.24
Beta
0.62

Valuation

Stock P/E
16.11
Industry PE
18.88
Forward P/E
18.82
PEG Ratio
0.85
Book Value
$87.50
Price to Book
1.01
P/S
0.31
EV/EBITDA
8.62
Dividend Yield
0.75%

Profitability & Returns

ROCE
5.73%
ROE
6.45%
ROA
3.61%
Profit Margin
1.93%
Op Margin
6.22%
EPS (Latest Qtr)
$1.28
EPS (TTM)
$5.49

Balance Sheet & Liquidity

Debt/Equity
0.77
Quick Ratio
1.70
Current Ratio
3.34
Debt
$647.80M
Total Assets
$2.57B
Current Assets
$975.56M
Working Capital
$672.65M

Ownership

Promoter Holding
0.09%
Chg in Prom Hold
-
FII / Inst Holding
101.24%
Chg in FII Hold
0.03%

Financial Snapshot

Enterprise Value
$2.32B
Total Revenue (TTM)
$5.40B
EBITDA
$269.21M
Free Cash Flow
$127.28M
Operating Cash Flow
$256.89M
Shares Outstanding
14.55M
Gross Margin
24.41%
Payout Ratio
12.02%

Growth (CAGR)

Revenue 5Y
-2.07%
Profit 5Y
-32.58%
Revenue (YoY)
3.40%
Earnings (YoY)
-

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -2.1% CAGR over 5 years.
  • Earnings shrank at -32.6% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 IMKTA Ingles Markets, Incorporated R2K 88.46 16.11 $1.68B 0.75% 5.73% 6.45% -2.07% -32.58%
2 WMT Walmart Inc. SPX 115.75 40.76 $922.64B 0.86% 18.21% 24.13% 5.27% 23.30%
3 COST Costco Wholesale Corporation NDXSPX 956.32 49.76 $424.27B 0.61% 27.44% 29.65% 6.64% 11.49%
4 KO The Coca-Cola Company SPX 79.01 24.85 $339.94B 2.68% 21.13% 43.37% 3.69% 11.16%
5 PG The Procter & Gamble Company SPX 143.56 21.02 $334.29B 2.97% 23.63% 31.11% 1.67% 2.71%
6 PM Philip Morris International Inc. SPX 177.38 24.98 $276.46B 3.31% 35.35% - 8.57% 7.84%
7 PEP PepsiCo, Inc. NDXSPX 144.19 22.64 $197.10B 4.11% 15.23% 43.88% 2.83% -2.57%
8 MO Altria Group, Inc. SPX 69.58 14.53 $116.19B 6.09% 40.85% - -0.89% 6.42%
9 MNST Monster Beverage Corporation NDXSPX 88.08 42.55 $86.14B - 28.33% 26.65% 9.54% 16.94%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Dec 2021Mar 2022Jun 2022Dec 2022Mar 2023Jun 2023Dec 2023Mar 2024Jun 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ----------1.01B984.56M1.03B1.06B1.06B1.00B1.06B1.08B1.08B1.15B1.19B1.20B1.19B1.18B1.28B1.39B1.38B1.46B1.49B1.38B1.43B1.48B1.37B1.39B1.29B1.33B1.35B1.37B1.37B1.31B
Cost of Revenue -----------------------------------1.02B1.02B1.03B1.04B982.60M
Gross Profit 222.16M228.06M225.64M228.72M232.85M237.19M237.08M228.09M237.13M261.29M244.66M235.19M243.89M256.43M258.41M244.30M258.94M260.35M257.49M291.59M324.72M324.45M314.19M310.50M337.47M350.54M348.56M351.88M371.15M325.94M338.10M348.80M321.88M329.76M301.13M310.98M327.33M334.70M334.56M325.26M
Operating Expenses -----------------------------------289.14M290.13M268.56M295.42M291.15M
Operating Income 31.11M-31.63M33.13M31.86M-32.17M25.05M29.66M-35.89M23.55M29.78M-39.46M30.75M43.35M-38.48M63.30M91.46M-76.44M74.31M100.58M90.40M95.09M94.56M95.76M57.65M67.31M59.63M44.81M44.15M23.57M21.83M37.20M66.14M39.14M34.11M
EBITDA -----------------------------------55.08M70.79M68.86M72.35M67.31M
Interest Expense -----------------------------------4.88M4.86M4.96M4.61M4.50M
Pretax Income -----------------------------------19.60M35.25M33.22M37.45M32.74M
Tax Provision -----------------------------------4.50M9.06M7.52M9.32M8.47M
Net Income 13.78M16.24M12.98M14.36M12.67M14.18M13.82M9.15M11.53M19.37M45.15M9.29M24.48M18.44M22.15M15.00M23.51M20.92M17.69M40.29M62.75M57.87M53.82M52.19M71.97M66.19M68.64M67.76M69.37M40.54M48.26M43.39M31.90M31.72M16.59M15.11M26.20M25.70M28.13M24.27M
Diluted EPS -----------------------------------0.801.381.351.481.28

Profit & Loss (Annual)

Figures in USD.

Metric Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Revenue --------4.00B4.09B4.20B4.61B-5.68B5.89B5.64B5.33B
Cost of Revenue -------------4.26B4.49B4.34B4.06B
Gross Profit 743.08M762.93M793.73M820.78M827.81M845.16M893.30M924.41M963.59M980.17M1.02B1.20B-1.42B1.40B1.30B1.27B
Operating Expenses -------------1.04B1.12B1.16B1.13B
Operating Income 111.70M109.45M118.52M123.85M125.57M123.35M139.18M128.60M127.91M124.82M152.19M280.94M-375.57M289.53M142.54M145.60M
EBITDA -------------500.58M416.55M282.98M252.54M
Interest Expense -------------21.51M22.07M21.86M19.71M
Pretax Income -------------361.27M278.50M139.50M109.94M
Tax Provision -------------88.51M67.69M33.96M26.34M
Net Income 27.93M30.84M39.06M43.44M20.80M51.43M59.35M54.19M53.87M97.36M81.58M178.60M-272.76M210.81M105.54M83.59M
Diluted EPS -------------14.3611.105.564.40

Compounded Sales Growth

5 Years:-2.07%
1 Year:3.40%

Compounded Profit Growth

5 Years:-32.58%
1 Year:-

Stock Price Performance

1 Year:+43.26%
6 Months:+15.35%
3 Months:+4.13%
1 Month:-0.65%

Balance Sheet (Annual)

Figures in USD.

Metric Sep 2008Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Assets --1.53M1.62B1.64B1.67B1.64B1.65B1.69B1.73B1.82B1.87B1.90B-2.30B2.47B2.53B2.57B
Current Assets --------------838.13M952.56M925.55M975.56M
Cash & Equivalents 4.18M59.54M57.85M12.42M4.68M16.84M8.61M7.51M5.68M23.91M10.54M42.13M6.90M-267.20M328.54M353.69M366.25M
Inventory --------------457.95M493.86M462.08M482.98M
Receivables --------------97.16M107.57M78.27M106.36M
Total Liabilities --1.12B1.19B1.18B1.26B1.27B1.23B1.22B1.22B1.23B1.20B1.08B-1.04B1.01B982.13M950.12M
Current Liabilities --318.97M290.50M306.15M251.27M250.75M251.96M241.60M245.56M260.14M247.58M323.81M-333.78M330.53M320.62M302.90M
Long Term Debt --725.31M820.74M785.24M893.51M924.77M874.69M866.47M865.66M852.74M839.64M586.20M-554.29M532.63M515.10M497.29M
Total Debt --------------612.50M595.47M564.96M543.67M
Total Equity 381.85M394.30M409.08M431.95M457.41M410.64M382.60M428.98M470.18M511.05M595.41M662.72M819.33M-1.26B1.46B1.55B1.62B
Shares Outstanding --------------18.99M18.99M18.99M18.99M

Cash Flows (Annual)

Figures in USD.

Metric Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Operating Cash Flow 102.91M125.29M97.23M133.75M145.20M--159.03M156.34M161.24M211.50M350.12M-339.50M266.41M262.52M154.10M
Investing Cash Flow -157.40M-79.09M-164.09M-103.56M-93.64M---136.88M-125.36M-148.15M-152.79M-117.35M--111.99M-170.10M-206.18M-109.94M
Financing Cash Flow 109.85M-47.88M21.43M-37.93M-39.40M---23.97M-12.75M-26.47M-27.12M-267.98M--30.62M-34.97M-31.18M-31.60M
Capital Expenditure -141.02M-92.03M-97.51M-180.63M-101.45M-108.34M-104.06M-137.64M-127.70M-150.49M-161.75M-122.77M--119.61M-173.59M-210.86M-114.50M
Free Cash Flow -38.11M33.26M-278.11K-46.88M43.75M--21.39M28.64M10.75M49.75M227.35M-219.89M92.82M51.66M39.60M
Net Change in Cash -------------196.89M61.34M25.15M12.56M
Share Buybacks -593.20K750.24K2.62M37.12M65.00M------80.00M----

Ratios (Annual)

Figures in %.

Metric Sep 2009Sep 2010Sep 2011Sep 2012Sep 2013Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Gross Margin % --------24.1%23.9%24.3%26.0%-24.9%23.8%23.0%23.9%
Operating Margin % --------3.2%3.0%3.6%6.1%-6.6%4.9%2.5%2.7%
Net Margin % --------1.3%2.4%1.9%3.9%-4.8%3.6%1.9%1.6%
ROE % 7.1%7.5%9.0%9.5%5.1%13.4%13.8%11.5%10.5%16.4%12.3%21.8%-21.7%14.4%6.8%5.2%
ROCE % --34.5%8.9%9.3%8.9%8.9%9.9%8.9%8.6%8.0%9.4%17.8%-19.1%13.5%6.5%6.4%

Shareholding Pattern

Insiders
0.09%
Institutions
101.24%
Public Float
101.33%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.77% 1.28M $112.90M
2 Brandes Investment Partners L.P. 8.61% 1.25M $110.78M
3 River Road Asset Management, LLC 6.57% 956.42K $84.60M
4 Dimensional Fund Advisors LP 6.30% 916.18K $81.05M
5 American Century Companies Inc 4.41% 641.25K $56.72M
6 Vanguard Capital Management LLC 4.28% 622.94K $55.11M
7 Gamco Investors, Inc ET AL 3.94% 573.89K $50.77M
8 Vanguard Portfolio Management LLC 3.78% 549.96K $48.65M
9 Geode Capital Management, LLC 3.18% 462.71K $40.93M
10 Summer Road LLC 2.98% 433.68K $38.36M

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