Ingles Markets, Incorporated logo

Ingles Markets, Incorporated

IMKTA

NASDAQConsumer DefensiveGrocery Stores

Previous close

$84.94

+$0.12 · +0.14%

Aug 21, 4:00 PM ET

IMKTA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

88

Deep Value

Momentum

54

Neutral

Sentiment

71

Bullish

Risk resilience

79

Moderate Risk

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Company profile

Company website

Ingles Markets, Incorporated functions as a major supermarket chain predominantly located throughout the southeastern United States. The company provides a comprehensive selection of food products, ranging from fresh produce, meats, and dairy to frozen goods, general groceries, and other perishable items. Beyond the food aisle, Ingles also offers various non-food essentials, such as health and beauty care products, general merchandise, and its own proprietary private label brands. Many of its locations also feature convenient fuel centers and pharmacies. A unique aspect of Ingles Markets is its ownership and operation of a milk processing and packaging plant. This facility produces organic milk, fruit juices, and bottled water, supplying these items not only to its own stores but also to other retail outlets, food service distributors, and wholesale grocery warehouses. Within its stores, customers can also find prepared home meal replacements, full-service delicatessens, in-store bakeries, floral departments, and greeting card selections. The company further emphasizes a wide array of local organic, beverage, and health-conscious product options. As of September 25, 2021, Ingles Markets managed a network of 198 supermarkets, comprising 189 stores under the Ingles brand and 9 under the Sav-Mor name. These stores are situated across western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama. Additionally, the company operated 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was established in 1963 and is headquartered in Asheville, North Carolina.

Industry
Grocery Stores
Sector
Consumer Defensive
Headquarters
US
CEO
James W. Lanning
Listed since
Sep 22, 1987
Employees
25,551

Market position

Day range

Current $84.94

52-week range

Current $84.94

Open
$85.22
Previous close
$84.82
Volume
123.19K
0.9× average
Average volume
137.24K
Average daily volume
Market cap
1.61B USD
Beta
0.6
Market reference 1
50-day average
$88.9422
-4.50% below average
200-day average
$83.5027
+1.72% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.48B USD
P/E (TTM)
15.28×
P/B (TTM)
0.96×
P/S (TTM)
0.3×
EV / EBITDA
5.87×
Earnings yield
6.41%
Free cash flow yield
3.03%
Dividend yield
0.78%

Profitability & efficiency

Gross margin
24.49%
Operating margin
2.63%
Net margin
1.92%
Return on equity
5.17%
Return on assets
3.26%
Return on invested capital
3.91%

Financial health

Debt / equity
0.31×
Current ratio
3.22×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%19%9%-1%Gross margin, FY2021: 26.13%Gross margin, FY2022: 24.93%Gross margin, FY2023: 23.84%Gross margin, FY2024: 23.05%Gross margin, FY2025: 23.89%Operating margin, FY2021: 7.02%Operating margin, FY2022: 6.64%Operating margin, FY2023: 4.96%Operating margin, FY2024: 2.61%Operating margin, FY2025: 2.20%Net margin, FY2021: 5.01%Net margin, FY2022: 4.80%Net margin, FY2023: 3.58%Net margin, FY2024: 1.87%Net margin, FY2025: 1.57%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.13%. Gross margin FY2022 24.93%. Gross margin FY2023 23.84%. Gross margin FY2024 23.05%. Gross margin FY2025 23.89%. Operating margin FY2021 7.02%. Operating margin FY2022 6.64%. Operating margin FY2023 4.96%. Operating margin FY2024 2.61%. Operating margin FY2025 2.20%. Net margin FY2021 5.01%. Net margin FY2022 4.80%. Net margin FY2023 3.58%. Net margin FY2024 1.87%. Net margin FY2025 1.57%.

Income trends

Revenue

5.33B USD-5.42%

Operating income

117.58M USD-20.09%

Net income

83.59M USD-20.80%
Income trends across reported periods6.47B USD4.15B USD1.83B USD−497.33M USDRevenue, FY2021: 4.99B USDRevenue, FY2022: 5.68B USDRevenue, FY2023: 5.89B USDRevenue, FY2024: 5.64B USDRevenue, FY2025: 5.33B USDOperating income, FY2021: 350.06M USDOperating income, FY2022: 376.93M USDOperating income, FY2023: 292.3M USDOperating income, FY2024: 147.14M USDOperating income, FY2025: 117.58M USDNet income, FY2021: 249.73M USDNet income, FY2022: 272.76M USDNet income, FY2023: 210.81M USDNet income, FY2024: 105.54M USDNet income, FY2025: 83.59M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.99B USD. Revenue FY2022 5.68B USD. Revenue FY2023 5.89B USD. Revenue FY2024 5.64B USD. Revenue FY2025 5.33B USD. Operating income FY2021 350.06M USD. Operating income FY2022 376.93M USD. Operating income FY2023 292.3M USD. Operating income FY2024 147.14M USD. Operating income FY2025 117.58M USD. Net income FY2021 249.73M USD. Net income FY2022 272.76M USD. Net income FY2023 210.81M USD. Net income FY2024 105.54M USD. Net income FY2025 83.59M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.33B USD5.64B USD5.89B USD5.68B USD4.99B USD
Cost of goods sold4.06B USD4.34B USD4.49B USD4.26B USD3.68B USD
Gross profit1.27B USD1.3B USD1.4B USD1.42B USD1.3B USD
Selling, general, and administrative7.4M USD9.7M USD10.6M USD10.9M USD11.1M USD
Operating expenses1.16B USD1.15B USD1.11B USD1.04B USD953.38M USD
Interest expense19.71M USD21.86M USD22.07M USD21.51M USD24.33M USD
Depreciation and amortization122.89M USD121.62M USD115.98M USD117.8M USD117.1M USD
Operating income117.58M USD147.14M USD292.3M USD376.93M USD350.06M USD
Net income83.59M USD105.54M USD210.81M USD272.76M USD249.73M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
4.4
FY2025 · -20.86% year over year
Latest fiscal-year revenue
5.33B USD
FY2025 · -5.42% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend15.3611.377.393.4FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend5.98B5.62B5.26B4.9BFY21FY22FY23FY24FY25

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