Ingles Markets Inc. Class A Common Stock (IMKTA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 23	—	$2.13	—	—	$1.4B	—
Q1 23	—	$3.65	—	—	$1.5B	—
Q4 22	—	$3.69	—	—	$1.5B	—
Q3 22	—	$3.57	—	—	$1.5B	—
Q2 22	—	$3.61	—	—	$1.4B	—
Q1 22	—	$3.48	—	—	$1.4B	—
Q4 21	—	$3.78	—	—	$1.3B	—
Q3 21	—	$3.79	—	—	$1.3B	—
Q2 21	—	$2.58	—	—	$1.2B	—
Q1 21	—	$2.66	—	—	$1.2B	—
Q4 20	—	$2.99	—	—	$1.2B	—
Q3 20	—	$3.1	—	—	$1.2B	—
Q2 20	—	$1.99	—	—	$1.1B	—
Q1 20	—	$0.87	—	—	$1.1B	—
Q4 19	—	$1.04	—	—	$1.1B	—
Q3 19	—	$1.16	—	—	$1.1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.5	—	—	$5.3B	—
FY24	—	$5.68	—	—	$5.6B	—
FY23	—	$11.3	—	—	$5.9B	—
FY22	—	$14.7	—	—	$5.7B	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.8B	$4B	$4.1B	$4.2B	$4.6B	$5B	$5.7B	$5.9B	$5.6B	$5.3B
YoY change	+0.43%	+5.47%	+2.25%	+2.67%	+9.72%	+8.18%	+13.9%	+3.77%	-4.3%	-5.42%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.8B	4B	4.1B	4.2B	4.6B	5B	5.7B	5.9B	5.6B	5.3B
Cost of revenue	2.9B	3B	3.1B	3.2B	3.4B	3.7B	4.3B	4.5B	4.3B	4.1B
Gross profit	924.4M	963.6M	980.2M	1B	1.2B	1.3B	1.4B	1.4B	1.3B	1.3B
Gross margin	24.4%	24.1%	23.9%	24.3%	26%	26.1%	24.9%	23.8%	23%	23.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	794.6M	837.1M	856.1M	873.9M	921.7M	963.3M	10.9M	10.6M	9.7M	7.4M
Operating expenses	1.6B	1.7B	1.7B	1.7B	1.8B	1.9B	1B	1.1B	1.2B	1.1B
Operating income	129.8M	126.4M	124.1M	148.1M	276.5M	340.1M	375.6M	289.5M	142.5M	145.6M
Operating margin	3.42%	3.16%	3.03%	3.53%	6%	6.82%	6.61%	4.91%	2.53%	2.73%
Non-operating income, net	1.2M	5.3M	3.8M	5.9M	-929.2K	11.8M	7.2M	11M	18.8M	-15.9M
Pretax income	84.6M	84.3M	80.3M	106.6M	235M	327.6M	361.3M	278.5M	139.5M	109.9M
Income tax	30.4M	30.4M	-17M	25M	56.4M	77.9M	88.5M	67.7M	34M	26.3M
Net income	54.2M	53.9M	97.4M	81.6M	178.6M	249.7M	272.8M	210.8M	105.5M	83.6M
Net margin	1.43%	1.35%	2.38%	1.94%	3.87%	5.01%	4.8%	3.58%	1.87%	1.57%
EBITDA	238.8M	241.2M	240.2M	262.5M	394.5M	460.2M	499.2M	413.8M	278.4M	280.6M
EPS	2.75	2.74	4.94	4.14	9.06	13.1	14.7	11.3	5.68	4.5
Diluted EPS	2.68	2.49	4.81	4.03	8.82	12.7	14.4	11.1	5.56	4.4

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	1.6B	1.5B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B	1.4B	1.4B	1.3B	1.4B
Cost of revenue	1.2B	1.1B	1B	1.1B	1.1B	987M	1B	1B	1B	1B	982.6M	1B
Gross profit	369.7M	348.8M	321.9M	329.8M	299.4M	301.1M	311M	327.3M	334.7M	334.6M	325.3M	332.4M
Gross margin	23.3%	23.6%	23.5%	23.7%	21.4%	23.4%	23.4%	24.3%	24.5%	24.4%	24.9%	24.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	289.8M	—	—	—	—	—	—	—	—	—	—
Operating expenses	299.4M	579.7M	284.8M	286.3M	286.5M	280.7M	289.1M	290.1M	260.8M	295.4M	291.2M	298M
Operating income	70.3M	59M	37.1M	43.5M	2.9M	20.4M	21.8M	37.2M	66.1M	39.1M	34.1M	34.4M
Operating margin	4.44%	3.98%	2.71%	3.12%	0.21%	1.59%	1.64%	2.76%	4.83%	2.85%	2.61%	2.52%
Non-operating income, net	4.3M	4.3M	11.1M	4.2M	-700.7K	6.4M	2.6M	2.9M	-28M	2.9M	3.1M	3.1M
Pretax income	68.6M	57.5M	42.6M	42.3M	-3M	21.9M	19.6M	35.3M	33.2M	37.4M	32.7M	33M
Income tax	16M	14.1M	10.7M	10.6M	-1.5M	5.3M	4.5M	9.1M	7.5M	9.3M	8.5M	7.1M
Net income	52.6M	43.4M	31.9M	31.7M	-1.5M	16.6M	15.1M	26.2M	25.7M	28.1M	24.3M	25.9M
Net margin	3.32%	2.93%	2.33%	2.28%	-0.11%	1.29%	1.13%	1.95%	1.88%	2.05%	1.86%	1.89%
EBITDA	102.5M	91.4M	69.8M	76.6M	40.7M	54.7M	55.3M	70.6M	100M	72.4M	66.9M	67.6M
EPS	2.83	2.33	1.72	1.71	-0.08	0.89	0.81	1.41	1.38	1.51	1.31	1.39
Diluted EPS	2.77	2.28	1.68	1.67	-0.08	0.87	0.8	1.38	1.35	1.48	1.28	1.36

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	779.1M	505.3M	675.1M	765.7M	749.9M	1.3B	1.5B	1.4B	1.4B	1.3B	1.6B
Enterprise value	1.6B	1.4B	1.5B	1.6B	1.4B	1.8B	1.8B	1.7B	1.6B	1.5B	1.7B
Shares outstanding	19.7M	19.7M	19.7M	19.7M	19.7M	19.1M	18.6M	19M	18.6M	18.6M	18.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.4	9.38	6.93	9.39	4.2	5.06	5.39	6.79	13.1	15.5	15.5
P/S	0.21	0.13	0.16	0.18	0.16	0.25	0.26	0.24	0.25	0.24	0.3
P/B	1.66	0.99	1.13	1.16	0.92	1.28	1.17	0.98	0.9	0.8	0.95
EV/EBITDA	6.91	5.64	6.37	6	3.54	3.95	3.64	4.1	5.74	5.24	6.39
EV/Sales	0.43	0.34	0.37	0.38	0.3	0.36	0.32	0.29	0.28	0.28	0.31
Earnings yield	6.96%	10.7%	14.4%	10.7%	23.8%	19.8%	18.5%	14.7%	7.61%	6.47%	6.47%
FCF yield	2.75%	5.67%	1.59%	6.5%	30.3%	13.1%	15%	6.49%	3.73%	3.06%	8.33%
PEG	—	—	—	—	—	—	—	—	—	—	-10.9

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	24.4%	24.1%	23.9%	24.3%	26%	26.1%	24.9%	23.8%	23%	23.9%	24.3%
Operating margin	3.42%	3.16%	3.03%	3.53%	6%	6.82%	6.61%	4.91%	2.53%	2.73%	2.06%
Net margin	1.43%	1.35%	2.38%	1.94%	3.87%	5.01%	4.8%	3.58%	1.87%	1.57%	1.92%
ROE	11.5%	10.5%	16.4%	12.3%	21.8%	25.4%	21.7%	14.4%	6.83%	5.17%	6.34%
ROA	3.21%	3.11%	5.34%	4.37%	9.4%	12.4%	11.9%	8.52%	4.18%	3.26%	3.35%
ROIC	6.2%	5.92%	8.56%	7.7%	14.3%	16.8%	17.7%	12.7%	6.14%	6.17%	7.54%
Return on tangible assets	3.21%	3.11%	5.34%	4.37%	9.4%	12.4%	11.9%	8.52%	4.18%	3.26%	3.95%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.73	1.82	1.91	2.01	1.45	1.88	2.51	2.88	2.89	3.22	3.21
Quick ratio	0.31	0.39	0.48	0.5	0.32	0.61	1.14	1.39	1.45	1.63	1.75
Debt / equity	1.86	1.72	1.45	1.29	0.8	0.64	0.49	0.41	0.37	0.34	0.31
Debt / assets	0.52	0.51	0.47	0.46	0.34	0.31	0.27	0.24	0.22	0.21	0.2
Net debt / EBITDA	3.65	3.54	3.56	3.09	1.64	1.21	0.69	0.65	0.76	0.63	0.23
Interest coverage	2.83	2.78	2.69	3.25	6.8	14.5	17.8	13.6	7.38	6.58	8.35
Effective tax rate	36%	36.1%	0%	23.5%	24%	23.8%	24.5%	24.3%	24.3%	24%	23.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	192.6	203.6	207.7	213.2	233.9	260.8	305.8	310.2	303.5	287.1	285.2
EPS (basic)	2.75	2.74	4.94	4.14	9.06	13.1	14.7	11.3	5.68	4.5	4.5
EPS (diluted)	2.68	2.49	4.81	4.03	8.82	12.7	14.4	11.1	5.56	4.4	5.47
Book value per share	23.9	26	30.2	33.6	41.6	51.4	67.8	76.8	83.2	87	88.7
FCF per share	1.09	1.46	0.55	2.52	11.5	8.67	11.8	4.89	2.78	2.13	7.85
Cash per share	0.29	1.22	0.53	2.14	0.35	3.94	14.4	17.3	19	19.7	24
Capex per share	0.04	0.12	0.12	0.45	0.27	0.92	0.14	0.18	0.25	6.16	5.23

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.02%	0.06%	0.06%	0.21%	0.12%	0.35%	0.05%	0.06%	0.08%	2.15%	1.84%
Capex / operating cash flow	0.45%	1.52%	1.58%	3.98%	1.97%	5.46%	0.82%	1.32%	1.7%	74.3%	39.9%
Payout ratio	24%	24.1%	13.4%	15.9%	7.28%	5.06%	4.49%	5.82%	11.6%	14.7%	12.1%
Dividend yield	1.67%	2.57%	1.93%	1.7%	1.73%	1%	0.83%	0.86%	0.89%	0.95%	0.78%

Yield

0.78%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.165

ex-dividend Jul 9, 2026

Payout ratio

12%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 9, 2026	$0.165
Apr 9, 2026	$0.165
Jan 8, 2026	$0.165

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$1.6B	$1.5B	$1.4B	$1.4B	$1.4B	$1.3B	$1.3B	$1.3B	$1.4B	$1.4B	$1.3B	$1.4B
YoY change	+9.16%	-0.82%	-0.95%	-2.81%	-11.8%	-13%	-2.65%	-3.4%	-2.08%	+6.59%	-1.76%	+1.64%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	5.7M	23.9M	10.5M	42.1M	6.9M	75.3M	267.2M	328.5M	353.7M	366.2M
Receivables	61.7M	66.3M	70.1M	72M	81.4M	95.1M	97.2M	107.6M	78.3M	106.4M
Inventory	343.9M	349.3M	372.2M	374.1M	366.8M	390M	457.9M	493.9M	462.1M	483M
Total current assets	418.5M	445.8M	496.7M	497.1M	470.2M	575.4M	838.1M	952.6M	925.5M	975.6M
Property, plant & equipment	189.8M	154.6M	129.8M	131.3M	123.8M	106M	62M	56.8M	83.2M	57.1M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	1.7B	1.7B	1.8B	1.9B	1.9B	2B	2.3B	2.5B	2.5B	2.6B
Accounts payable	155.3M	150.9M	165.2M	151.3M	204.1M	189.4M	213.4M	204M	198.3M	179.2M
Short-term debt	10M	12.2M	12.8M	12.6M	27.7M	26.2M	25.4M	25.8M	23.2M	23.2M
Total current liabilities	241.6M	245.6M	260.1M	247.6M	323.8M	306.1M	333.8M	330.5M	320.6M	302.9M
Long-term debt	866.5M	865.7M	852.7M	839.6M	627.2M	605.8M	587.1M	569.7M	541.8M	520.5M
Total liabilities	1.2B	1.2B	1.2B	1.2B	1.1B	1B	1B	1B	982.1M	950.1M
Shareholders' equity	470.2M	511.1M	595.4M	662.7M	819.3M	983.3M	1.3B	1.5B	1.5B	1.6B
Total debt	876.5M	877.9M	865.6M	852.2M	654.9M	632M	612.5M	595.5M	565M	543.7M
Net debt	870.8M	854M	855.1M	810.1M	647.9M	561.7M	345.3M	266.9M	211.3M	177.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	328.5M	275M	302M	354.8M	353.7M	269.5M	297.3M	336.1M	366.2M	361.7M	418M	455.1M
Receivables	107.6M	116.7M	109.4M	99.6M	78.3M	104.7M	99.2M	102.3M	106.4M	109.3M	101.2M	102.7M
Inventory	493.9M	501M	479.1M	483.5M	462.1M	490.8M	491.2M	487.5M	483M	485.3M	479.4M	479.7M
Total current assets	952.6M	911M	917.1M	962.7M	925.5M	890M	909.2M	947.7M	975.6M	977.1M	1B	1.1B
Property, plant & equipment	56.8M	1.5B	1.5B	1.5B	83.2M	1.6B	1.5B	1.6B	57.1M	1.5B	1.5B	1.5B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.6B	2.6B	2.6B	2.6B
Accounts payable	204M	180.5M	181.6M	208.4M	198.3M	182.8M	178.8M	189.7M	179.2M	169.5M	181.1M	189.9M
Short-term debt	25.8M	25M	24.9M	24.2M	23.2M	23M	23M	23.1M	23.2M	23.1M	22.8M	23M
Total current liabilities	330.5M	283M	287M	322.4M	320.6M	274.5M	285.4M	301.4M	302.9M	291M	304.9M	329.2M
Long-term debt	569.7M	564.8M	557.3M	551.5M	541.8M	535.4M	530.1M	525.1M	520.5M	515.9M	507.7M	503.6M
Total liabilities	1B	963.4M	960.9M	991.9M	982.1M	931.7M	934.6M	953.3M	950.1M	930.3M	932.9M	948.7M
Shareholders' equity	1.5B	1.5B	1.5B	1.6B	1.5B	1.6B	1.6B	1.6B	1.6B	1.6B	1.7B	1.7B
Total debt	595.5M	589.8M	582.2M	575.6M	565M	558.4M	553.1M	548.2M	543.7M	539M	530.5M	526.6M
Net debt	266.9M	314.8M	280.2M	220.9M	211.3M	288.9M	255.8M	212.1M	177.4M	177.3M	112.5M	71.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	54.2M	53.9M	97.4M	81.6M	178.6M	249.7M	272.8M	210.8M	105.5M	83.6M
Depreciation & amortization	106.6M	110.9M	113.1M	112.5M	116.3M	117.1M	117.8M	116M	121.6M	122.9M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	2.9M	-11.6M	-67.1M	29.9M	-29.3M	-49.2M	-75.7M	-63.9M	8.4M	-57.5M
Operating cash flow	170.5M	153.2M	147.8M	225.1M	275.4M	322.3M	318.2M	264.1M	275.4M	154.1M
Capital expenditure	758.5K	2.3M	2.3M	9M	5.4M	17.6M	2.6M	3.5M	4.7M	-114.5M
Investing cash flow	758.5K	2.3M	2.3M	9M	5.4M	12.6M	7.6M	3.5M	4.7M	-114.5M
Dividends paid	-13M	-13M	-13M	-13M	-13M	-12.6M	-12.3M	-12.3M	-12.3M	-12.3M
Share repurchases	—	—	—	—	0	-80M	0	0	—	—
Financing cash flow	-732.8M	-405.9M	-541.9M	-330.9M	-341.9M	-807.4M	-30.6M	-35M	-31.2M	-31.6M
Net change in cash	-561.6M	-250.4M	-391.7M	-96.8M	-61.1M	-472.5M	295.2M	232.6M	248.9M	8M
Free cash flow	21.4M	28.6M	10.8M	49.8M	227.3M	165.7M	219.9M	92.8M	51.7M	39.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	52.6M	43.4M	31.9M	31.7M	-1.5M	16.6M	15.1M	26.2M	25.7M	28.1M	24.3M	25.9M
Depreciation & amortization	29.2M	28.8M	29.2M	29.5M	34.1M	30.9M	30.6M	30.7M	30.7M	30.3M	30.1M	30.1M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-8.8M	-17.1M	17.5M	5.4M	2.6M	-51M	16.4M	9.7M	4.3M	-16.7M	29.3M	18.1M
Operating cash flow	72.1M	54.9M	79.1M	69.5M	71.9M	-2.7M	62.9M	74.8M	59.9M	38.4M	83.8M	67M
Capital expenditure	1.6M	812.6K	2.9M	797.2K	162K	3.9M	163.8K	-29.4M	-23.1M	-36.4M	-16.7M	-23.4M
Investing cash flow	1.6M	812.6K	2.9M	797.2K	162K	3.9M	163.8K	-29.4M	-23.1M	-36.4M	-16.7M	-23.4M
Dividends paid	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M	-3.1M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-6.7M	-6.7M	-11.2M	-6.7M	-6.7M	-6.7M	-11.2M	-6.7M	-6.7M	-6.7M	-11.2M	-6.7M
Net change in cash	67M	49M	70.8M	63.7M	65.4M	-5.5M	51.8M	38.7M	30.1M	-4.6M	55.9M	36.9M
Free cash flow	52.9M	-47.7M	35.3M	58.6M	5.4M	-81.4M	38.9M	45.4M	36.8M	2.1M	67.1M	43.6M

Ingles Markets Inc. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement