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IMKTAIngles Markets, Incorporated
$92.14$1.8B
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IMKTA logoIngles Markets, Incorporated(IMKTA)Earnings, Financials & Key Ratios

IMKTA•NASDAQ
$92.14
20.9× P/E·Price updated Jul 7, 2026
SectorConsumer DefensiveIndustryGrocery StoresSub-IndustryConventional full-line supermarkets
AboutIngles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, 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. The company 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, it 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. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.Show more
  • Revenue$5.33B-5.4%
  • EBITDA$240M-10.5%
  • Net Income$84M-20.8%
  • EPS (Diluted)4.40-20.9%
  • Gross Margin23.89%+3.6%
  • EBITDA Margin4.51%-5.4%
  • Operating Margin2.2%-15.5%
  • Net Margin1.57%-16.3%
  • ROE5.29%-24.7%

IMKTA Price & Volume

Ingles Markets, Incorporated (IMKTA) stock price & volume — 10-year historical chart

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Asset Heavy Model Offsets Persistent Revenue Contraction

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Capital Allocation Inefficiency

Key Thesis Takeaways

  • Ingles Markets maintains a fortress-like balance sheet anchored by $1.5 billion in net PPE, providing a structural floor for valuation despite ongoing top-line headwinds.
  • While the company demonstrates resilience through conservative debt management, the persistent revenue contraction—evidenced by a 1.8% year-over-year decline in 2026Q2—suggests that the core retail business faces significant competitive pressure.
  • Investors should monitor whether the company can leverage its real estate ownership to improve thin operating margins, which currently hover at a modest 2.6%.

Verdict Logic

while the company's $530.5 million debt load is well-managed, the 20.32 P/E ratio appears elevated given the persistent top-line revenue contraction and inconsistent free cash flow generation.

IMKTA Growth Metrics

Ingles Markets, Incorporated (IMKTA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.51%
5 Years2.96%
3 Years-2.07%
TTM-0.28%

Profit CAGR

10 Years3.48%
5 Years-14.09%
3 Years-32.58%
TTM68.37%

EPS CAGR

10 Years4.15%
5 Years-12.98%
3 Years-32.58%
TTM68.4%

Return on Capital

10 Years12.12%
5 Years13.62%
3 Years8.76%
Last Year5.26%

IMKTA Recent Earnings

Ingles Markets, Incorporated (IMKTA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat Revenue 0/12 qtrs (0%)
Q1 2026Latest
Feb 5, 2026
Metric
Actual
Est
EPS
$1.48
—
Rev
$1.4B
—
Q4 2025
Nov 26, 2025
Metric
Actual
Est
EPS
$1.35
—
Rev
$1.4B
—
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$1.38
—
Rev
$1.3B
—
Q2 2025
May 8, 2025
Metric
Actual
Est
EPS
$0.80
—
Rev
$1.3B
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 5, 2026
$1.48
$1.4B
Q4 2025Nov 26, 2025
$1.35
$1.4B
Q3 2025Aug 7, 2025
$1.38
$1.3B
Q2 2025May 8, 2025
$0.80
$1.3B
Based on last 12 quarters of dataView full earnings history →

Latest IMKTA News

Recent stock market news and headlines for Ingles Markets, Incorporated (IMKTA)

Business Wire·Jun 29, 2026
Ingles Markets, Incorporated Declares Quarterly Cash Dividend

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable July 16, 2026, to all shareholders of record on July 9, 2026.Ing.

Seeking Alpha·Jun 28, 2026
Ingles Markets: The Real Estate Treasure Buried Under Supermarket Shelves

Ingles Markets is rated a buy, with a target valuation of $110–$120 per share, reflecting significant undervalued real estate assets. IMKTA's ownership of 174 out of 197 store properties, 102 shopping centers, and a large dairy plant provides operational resilience and margin protection. Activist investor Summer Road LLC's board seat win increases pressure for asset monetization, such as REIT spinoffs or special dividends from land sales.

Peers Comparison

Key metrics vs top competitors for Ingles Markets, Incorporated (IMKTA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
IMKTA logoIMKTAIngles Markets, IncorporatedCurrent
$92.14$1.75B20.94-5.42%1.57%5.29%0.7%
VLGEA logoVLGEAVillage Super Market, Inc.
$42.08$623.17M11.023.76%2.27%10.74%—
CASY logoCASYCasey's General Stores, Inc.
$801.99$29.73B41.8610.16%4.07%18.73%—
PTLO logoPTLOPortillo's Inc.
$4.80$346.37M17.783.03%2.12%3.17%—
ANDE logoANDEThe Andersons, Inc.
$68.00$2.32B24.29-2.21%1.17%9.47%—
KR logoKRThe Kroger Co.
$58.54$36.09B38.010.35%0.71%14.66%—

Compare IMKTA vs Peers

Ingles Markets, Incorporated (IMKTA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VLGEA

Most directly comparable listed peer for IMKTA.

Scale Benchmark

vs WMT

Larger-name benchmark to compare IMKTA against a more recognizable public peer.

Peer Set

Compare Top 5

vs VLGEA, CASY, PTLO, ANDE

IMKTA SEC Filings & Documents

Ingles Markets, Incorporated (IMKTA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

Feb 5, 2026·SEC

10-K Annual Reports

4
FY 2025

Nov 26, 2025·SEC

FY 2024

Dec 27, 2024·SEC

FY 2023

Nov 29, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2026

Feb 5, 2026·SEC

FY 2025

Aug 7, 2025·SEC

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IMKTA Frequently Asked Questions

Ingles Markets, Incorporated (IMKTA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ingles Markets, Incorporated's revenue?

Ingles Markets, Incorporated (IMKTA) reported $5.40B in revenue for fiscal year 2025. This represents a 266% increase from $1.47B in 1996.

How fast is Ingles Markets, Incorporated growing?

Ingles Markets, Incorporated (IMKTA) saw revenue decline by 5.4% over the past year.

Is IMKTA profitable?

Yes, Ingles Markets, Incorporated (IMKTA) is profitable, generating $104.3M in net income for fiscal year 2025 (1.6% net margin).

Dividend & Returns
Does IMKTA pay dividends?

Yes, Ingles Markets, Incorporated (IMKTA) pays a dividend with a yield of 0.70%. This makes it attractive for income-focused investors.

What is IMKTA's return on equity?

Ingles Markets, Incorporated (IMKTA) has a return on equity (ROE) of 5.3%. This is below average, suggesting room for improvement.

What is Ingles Markets, Incorporated's free cash flow?

Ingles Markets, Incorporated (IMKTA) generated $151.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in IMKTA back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →