NASDAQ : IMKTA
Ingles Markets, Incorporated — Financial statements
Consumer Staples · Grocery Stores · United States
Last price 84.11 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.60B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Ingles Markets, Incorporated (IMKTA) reported revenue of 5.42B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 5.42B | 5.33B | 5.64B | 5.89B | 5.68B | 4.99B |
| Cost of Revenue | 4.10B | 4.06B | 4.31B | 4.49B | 4.26B | 3.68B |
| Gross Profit | 1.32B | 1.27B | 1.33B | 1.40B | 1.42B | 1.30B |
| Selling, General & Admin | 1.18B | 1.15B | 1.16B | 1.12B | 1.04B | 963.33M |
| Operating Expenses | 1.18B | 1.15B | 1.16B | 1.12B | 1.04B | 963.33M |
| Operating Income | 138.93M | 118.00M | 172.94M | 289.53M | 375.57M | 340.10M |
| Interest Expense | -18.57M | -19.71M | -21.86M | -22.07M | -21.51M | -24.33M |
| Other Non Operating Income (Expenses) | 11.88M | 12.07M | 14.22M | 8.27M | 5.85M | 2.97M |
| EBT Excluding Unusual Items | 132.24M | 110.35M | 165.30M | 275.74M | 359.91M | 318.74M |
| Gain (Loss) on Sale of Assets | -311.91K | 2.38M | 9.11M | 2.77M | 1.36M | 9.96M |
| Asset Writedown | -4.50M | |||||
| Other Unusual Items | -9.00M | -9.00M | -30.40M | -1.08M | ||
| Pretax Income | 136.42M | 109.94M | 139.50M | 278.50M | 361.27M | 327.61M |
| Income Tax Expense | 32.43M | 26.34M | 33.96M | 67.69M | 88.51M | 77.88M |
| Net Income | 103.99M | 83.59M | 105.54M | 210.81M | 272.76M | 249.73M |
| Net Income to Common | 103.99M | 83.59M | 105.54M | 210.81M | 272.76M | 249.73M |
| Shares Outstanding (Basic) | 18.99M | 18.99M | 18.99M | 18.99M | 18.99M | 19.61M |
| Shares Outstanding (Diluted) | 18.99M | 18.99M | 18.99M | 18.99M | 18.99M | 19.61M |
| EPS (Basic) | 5.48 | 4.40 | 5.56 | 11.10 | 14.36 | 12.73 |
| EPS (Diluted) | 5.47 | 4.40 | 5.56 | 11.10 | 14.36 | 12.73 |
| Free Cash Flow | 149.58M | 39.60M | 51.66M | 92.82M | 219.89M | 165.70M |
| Free Cash Flow Per Share | 7.88 | 2.08 | 2.72 | 4.89 | 11.58 | 8.45 |
| Dividend Per Share | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 |
| Gross Margin | 24.30% | 23.80% | 23.59% | 23.84% | 24.93% | 26.13% |
| Operating Margin | 2.56% | 2.21% | 3.07% | 4.91% | 6.61% | 6.82% |
| Profit Margin | 1.92% | 1.57% | 1.87% | 3.58% | 4.80% | 5.01% |
| Free Cash Flow Margin | 2.76% | 0.74% | 0.92% | 1.57% | 3.87% | 3.32% |
| EBITDA | 260.07M | 240.89M | 294.56M | 405.51M | 493.38M | 457.21M |
| EBITDA Margin | 4.80% | 4.52% | 5.22% | 6.88% | 8.69% | 9.17% |
| D&A For EBITDA | 121.14M | 122.89M | 121.62M | 115.98M | 117.80M | 117.10M |
| EBIT | 138.93M | 118.00M | 172.94M | 289.53M | 375.57M | 340.10M |
| EBIT Margin | 2.56% | 2.21% | 3.07% | 4.91% | 6.61% | 6.82% |
| Effective Tax Rate | 23.77% | 23.96% | 24.34% | 24.31% | 24.50% | 23.77% |
| Advertising Expenses | 16.30M | 14.50M | 14.60M | 20.80M | 18.60M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 455.09M | 366.25M | 353.69M | 328.54M | 267.20M | 70.31M |
| Short-Term Investments | 5.00M | |||||
| Cash & Short-Term Investments | 455.09M | 366.25M | 353.69M | 328.54M | 267.20M | 75.31M |
| Accounts Receivable | 102.68M | 106.36M | 78.27M | 107.57M | 97.16M | 95.08M |
| Other Receivables | 3.00M | 16.90M | 8.00M | 4.20M | 2.70M | |
| Receivables | 102.68M | 109.36M | 95.17M | 115.57M | 101.36M | 97.78M |
| Inventory | 479.65M | 482.98M | 462.08M | 493.86M | 457.95M | 389.95M |
| Other Current Assets | 19.34M | 16.98M | 14.61M | 14.59M | 11.63M | 12.39M |
| Total Current Assets | 1.06B | 975.56M | 925.55M | 952.56M | 838.13M | 575.44M |
| Property, Plant & Equipment | 1.52B | 1.54B | 1.55B | 1.47B | 1.41B | 1.41B |
| Long-Term Investments | 7.10M | 7.40M | 8.90M | 17.50M | ||
| Other Long-Term Assets | 46.06M | 42.89M | 39.48M | 32.31M | 44.75M | 31.99M |
| Total Assets | 2.63B | 2.57B | 2.53B | 2.47B | 2.30B | 2.02B |
| Accounts Payable | 189.92M | 179.23M | 198.33M | 204.04M | 213.39M | 189.43M |
| Accrued Expenses | 82.93M | 93.94M | 92.92M | 95.13M | 90.64M | 86.31M |
| Current Portion of Long-Term Debt | 17.48M | 17.48M | 17.52M | 17.53M | 17.62M | 17.60M |
| Current Portion of Leases | 5.48M | 5.68M | 5.67M | 8.23M | 7.80M | 8.64M |
| Other Current Liabilities | 9.08M | 6.57M | 6.18M | 5.61M | 4.33M | 4.12M |
| Total Current Liabilities | 329.21M | 302.90M | 320.62M | 330.53M | 333.78M | 306.10M |
| Long-Term Debt | 483.05M | 497.29M | 515.10M | 532.63M | 554.29M | 571.91M |
| Long-Term Leases | 20.57M | 23.22M | 26.66M | 37.08M | 32.79M | 33.89M |
| Long-Term Deferred Tax Liabilities | 51.74M | 65.04M | 63.77M | 67.19M | 73.58M | 72.77M |
| Other Long-Term Liabilities | 64.15M | 61.67M | 55.98M | 47.44M | 41.48M | 50.42M |
| Total Liabilities | 948.71M | 950.12M | 982.13M | 1.01B | 1.04B | 1.04B |
| Common Stock | 949.72K | 949.72K | 949.72K | 949.72K | 949.72K | 949.72K |
| Retained Earnings | 1.68B | 1.61B | 1.54B | 1.44B | 1.25B | 985.73M |
| Comprehensive Income & Other | 5.36M | 5.60M | 6.74M | 13.23M | 12.41M | -3.43M |
| Shareholders' Equity | 1.68B | 1.62B | 1.55B | 1.46B | 1.26B | 983.26M |
| Total Liabilities & Equity | 2.63B | 2.57B | 2.53B | 2.47B | 2.30B | 2.02B |
| Total Debt | 526.58M | 543.67M | 564.96M | 595.47M | 612.50M | 632.04M |
| Net Cash (Debt) | -71.49M | -177.42M | -211.27M | -266.93M | -345.30M | -556.72M |
| Net Cash Per Share | -3.76 | -9.34 | -11.12 | -14.05 | -18.18 | -28.39 |
| Filing Date Shares Outstanding | 18.99M | 18.99M | 18.99M | 18.99M | 18.99M | 18.99M |
| Total Common Shares Outstanding | 18.99M | 18.99M | 18.99M | 18.99M | 18.99M | 18.99M |
| Working Capital | 727.56M | 672.65M | 604.93M | 622.02M | 504.35M | 269.34M |
| Book Value Per Share | 88.70 | 85.07 | 81.38 | 76.81 | 66.31 | 51.77 |
| Tangible Book Value | 1.68B | 1.62B | 1.55B | 1.46B | 1.26B | 983.26M |
| Tangible Book Value Per Share | 88.70 | 85.07 | 81.38 | 76.81 | 66.31 | 51.77 |
| Land | 406.47M | 390.81M | 345.64M | 325.81M | 316.85M | |
| Buildings | 1.17B | 1.16B | 1.13B | 1.11B | 1.09B | |
| Machinery | 1.23B | 1.21B | 1.13B | 1.12B | 1.09B | |
| Construction In Progress | 51.06M | 37.55M | 43.28M | 38.59M | 37.74M | |
| Leasehold Improvements | 55.47M | 59.75M | 60.95M | 60.96M | 60.99M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 103.99M | 83.59M | 105.54M | 210.81M | 272.76M | 249.73M |
| Depreciation & Amortization | 121.14M | 122.89M | 121.62M | 115.98M | 117.80M | 117.10M |
| Loss (Gain) From Sale of Assets | 311.91K | -2.38M | -9.11M | -2.77M | -1.36M | -9.96M |
| Asset Writedown & Restructuring Costs | 4.50M | |||||
| Other Operating Activities | -9.86M | 7.47M | 35.38M | 1.22M | 3.36M | 5.76M |
| Change in Accounts Receivable | -403.81K | -28.09M | 29.34M | -10.41M | -2.08M | -13.72M |
| Change in Inventory | 7.89M | -20.89M | 1.33M | -35.91M | -67.99M | -23.13M |
| Change in Accounts Payable | 33.56M | -11.13M | -3.82M | 5.11M | 22.62M | -7.15M |
| Change in Other Net Operating Assets | -7.55M | 2.63M | -22.28M | -17.61M | -5.61M | -12.33M |
| Operating Cash Flow | 249.08M | 154.10M | 262.52M | 266.41M | 339.50M | 306.30M |
| Capital Expenditures | -99.51M | -114.50M | -210.86M | -173.59M | -119.61M | -140.60M |
| Sale of Property, Plant & Equipment | 733.58K | 4.56M | 4.67M | 3.50M | 2.62M | 17.61M |
| Investment in Securities | 5.00M | -5.00M | ||||
| Investing Cash Flow | -98.77M | -109.94M | -206.18M | -170.10M | -111.99M | -127.98M |
| Short-Term Debt Issued | 653.62M | |||||
| Long-Term Debt Issued | 350.00M | |||||
| Total Debt Issued | 1.00B | |||||
| Short-Term Debt Repaid | -692.51M | |||||
| Long-Term Debt Repaid | -18.96M | -18.92M | -22.71M | -18.37M | -327.81M | |
| Total Debt Repaid | -19.00M | -18.96M | -18.92M | -22.71M | -18.37M | -1.02B |
| Net Debt Issued (Repaid) | -19.00M | -18.96M | -18.92M | -22.71M | -18.37M | -16.70M |
| Repurchase of Common Stock | -80.00M | |||||
| Common Dividends Paid | -12.27M | -12.27M | -12.27M | -12.26M | -12.26M | -12.63M |
| Other Financing Activities | -39.11K | -377.20K | -5.58M | |||
| Financing Cash Flow | -31.31M | -31.60M | -31.18M | -34.97M | -30.62M | -114.90M |
| Net Cash Flow | 119.00M | 12.56M | 25.15M | 61.34M | 196.89M | 63.41M |
| Free Cash Flow | 149.58M | 39.60M | 51.66M | 92.82M | 219.89M | 165.70M |
| Free Cash Flow Margin | 2.76% | 0.74% | 0.92% | 1.57% | 3.87% | 3.32% |
| Free Cash Flow Per Share | 7.88 | 2.08 | 2.72 | 4.89 | 11.58 | 8.45 |
| Levered Free Cash Flow | 134.64M | 14.68M | 50.00M | 52.89M | 177.18M | 120.76M |
| Unlevered Free Cash Flow | 146.24M | 27.00M | 63.66M | 66.68M | 190.62M | 135.96M |
| Cash Interest Paid | 19.94M | 19.94M | 21.99M | 21.55M | 21.40M | 26.54M |
| Cash Income Tax Paid | 11.09M | 11.09M | 45.77M | 78.41M | 87.19M | 77.52M |
| Change in Working Capital | 33.50M | -57.48M | 4.58M | -58.83M | -53.06M | -56.34M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.63B | 1.31B | 1.41B | 1.43B | 1.55B | 1.24B |
| Enterprise Value | 1.70B | 1.52B | 1.63B | 1.75B | 1.93B | 1.87B |
| Last Close Price | 84.11 | 68.01 | 72.84 | 73.17 | 78.84 | 62.63 |
| PE Ratio | 15.67 | 15.61 | 13.38 | 6.79 | 5.70 | 4.98 |
| Forward PE | 9.72 | 9.72 | 9.72 | 9.72 | 9.72 | |
| PS Ratio | 0.30 | 0.24 | 0.25 | 0.24 | 0.27 | 0.25 |
| PB Ratio | 0.95 | 0.81 | 0.91 | 0.98 | 1.23 | 1.26 |
| P/TBV Ratio | 0.97 | 0.81 | 0.91 | 0.98 | 1.23 | 1.26 |
| P/FCF Ratio | 10.88 | 32.96 | 27.34 | 15.41 | 7.06 | 7.51 |
| P/OCF Ratio | 6.53 | 8.47 | 5.38 | 5.37 | 4.58 | 4.06 |
| PEG Ratio | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | |
| EV/Sales Ratio | 0.31 | 0.28 | 0.29 | 0.30 | 0.34 | 0.38 |
| EV/EBITDA Ratio | 6.53 | 6.30 | 5.54 | 4.31 | 3.91 | 4.09 |
| EV/EBIT Ratio | 12.23 | 12.86 | 9.44 | 6.03 | 5.13 | 5.50 |
| EV/FCF Ratio | 11.35 | 38.31 | 31.61 | 18.82 | 8.77 | 11.29 |
| Debt / Equity Ratio | 0.31 | 0.34 | 0.36 | 0.41 | 0.49 | 0.64 |
| Debt / EBITDA Ratio | 1.97 | 2.19 | 1.86 | 1.43 | 1.21 | 1.35 |
| Debt / FCF Ratio | 3.52 | 13.73 | 10.94 | 6.42 | 2.79 | 3.81 |
| Net Debt / Equity Ratio | 0.04 | 0.11 | 0.14 | 0.18 | 0.27 | 0.57 |
| Net Debt / EBITDA Ratio | 0.28 | 0.74 | 0.72 | 0.66 | 0.70 | 1.22 |
| Net Debt / FCF Ratio | 0.48 | 4.48 | 4.09 | 2.88 | 1.57 | 3.36 |
| Asset Turnover | 2.09 | 2.09 | 2.25 | 2.47 | 2.63 | 2.55 |
| Inventory Turnover | 8.48 | 8.60 | 9.02 | 9.43 | 10.06 | 9.74 |
| Quick Ratio | 1.69 | 1.57 | 1.40 | 1.34 | 1.10 | 0.56 |
| Current Ratio | 3.21 | 3.22 | 2.89 | 2.88 | 2.51 | 1.88 |
| Return on Equity (ROE) | 6.34% | 5.29% | 7.03% | 15.51% | 24.32% | 27.71% |
| Return on Assets (ROA) | 3.35% | 2.90% | 4.32% | 7.59% | 10.88% | 10.85% |
| Return on Invested Capital (ROIC) | 6.00% | 5.05% | 7.51% | 13.16% | 18.03% | 17.24% |
| Return on Capital Employed (ROCE) | 6.00% | 5.20% | 7.80% | 13.50% | 19.10% | 19.90% |
| Earnings Yield | 6.38% | 6.40% | 7.47% | 14.73% | 17.56% | 20.08% |
| FCF Yield | 9.19% | 3.03% | 3.66% | 6.49% | 14.16% | 13.32% |
| Dividend Yield | 0.77% | 0.96% | 0.89% | 0.88% | 0.81% | 1.01% |
| Payout Ratio | 12.07% | 14.68% | 11.62% | 5.82% | 4.49% | 5.06% |
| Buyback Yield / Dilution | 3.16% | 3.19% | ||||
| Total Shareholder Return | 0.77% | 0.96% | 0.89% | 0.88% | 3.96% | 4.20% |