Ingles Mkts Inc Financials

IMKTA

Source SEC Filings (10-K/10-Q) Updated Dec 27, 2025 Currency USD FYE September

This page shows Ingles Mkts Inc (IMKTA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$5.3B

YoY-6.1%

5Y CAGR+5.4%

10Y CAGR+3.6%

Ingles Mkts Inc generated $5.3B in revenue in fiscal year 2025. This represents a decrease of 6.1% from the prior year.

EBITDA

$240.5M

YoY-51.4%

5Y CAGR+0.2%

10Y CAGR+0.9%

Ingles Mkts Inc's EBITDA was $240.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 51.4% from the prior year.

Free Cash Flow

$39.6M

YoY-82.0%

5Y CAGR+29.8%

10Y CAGR-1.0%

Ingles Mkts Inc generated $39.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 82.0% from the prior year.

Net Income

$83.6M

YoY-69.4%

5Y CAGR-3.0%

10Y CAGR+14.9%

Ingles Mkts Inc reported $83.6M in net income in fiscal year 2025. This represents a decrease of 69.4% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

23.9%

YoY-1.0pp

5Y CAGR-0.1pp

10Y CAGR+1.7pp

Ingles Mkts Inc's gross margin was 23.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.0 percentage points from the prior year.

Operating Margin

2.2%

YoY-4.4pp

5Y CAGR-0.9pp

10Y CAGR-1.2pp

Ingles Mkts Inc's operating margin was 2.2% in fiscal year 2025, reflecting core business profitability. This is down 4.4 percentage points from the prior year.

Net Margin

1.6%

YoY-3.2pp

5Y CAGR-0.8pp

10Y CAGR+1.0pp

Ingles Mkts Inc's net profit margin was 1.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.2 percentage points from the prior year.

Return on Equity

5.2%

YoY-16.5pp

5Y CAGR-11.2pp

10Y CAGR+0.1pp

Ingles Mkts Inc's ROE was 5.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 16.5 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$114.5M

YoY-4.3%

5Y CAGR-5.3%

10Y CAGR+1.2%

Ingles Mkts Inc invested $114.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.3% from the prior year.

IMKTA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$5.3B-6.1%	$5.7B+13.9%	$5.0B+8.2%	$4.6B+9.7%	$4.2B+2.7%	$4.1B
Cost of Revenue	$4.1B-4.8%	$4.3B+15.7%	$3.7B+8.0%	$3.4B+7.3%	$3.2B+2.2%	$3.1B
Gross Profit	$1.3B-10.0%	$1.4B+8.6%	$1.3B+8.8%	$1.2B+17.2%	$1.0B+4.3%	$980.2M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$117.6M-68.8%	$376.9M+7.7%	$350.1M+24.6%	$280.9M+84.6%	$152.2M+21.9%	$124.8M
Interest Expense	$19.7M-8.4%	$21.5M-11.6%	$24.3M-40.0%	$40.5M-14.5%	$47.4M-0.3%	$47.6M
Income Tax	$26.3M-70.2%	$88.5M+13.6%	$77.9M+38.0%	$56.4M+125.6%	$25.0M+246.8%	-$17.0M
Net Income	$83.6M-69.4%	$272.8M+9.2%	$249.7M+39.8%	$178.6M+118.9%	$81.6M-16.2%	$97.4M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23
Revenue	$1.4B+2.0%	$1.3B+1.1%	$1.3B-10.1%	$1.5B+3.3%	$1.4B+3.9%	$1.4B-7.5%	$1.5B+2.4%	$1.5B
Cost of Revenue	$1.0B+1.9%	$1.0B-0.1%	$1.0B-9.9%	$1.1B+3.3%	$1.1B+3.9%	$1.1B-6.0%	$1.1B+1.4%	$1.1B
Gross Profit	$334.6M+2.2%	$327.3M+5.3%	$311.0M-10.8%	$348.8M+3.2%	$338.1M+3.7%	$325.9M-12.2%	$371.2M+5.5%	$351.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$39.1M+4.8%	$37.3M+72.6%	$21.6M-63.7%	$59.6M-11.4%	$67.3M+16.8%	$57.6M-39.8%	$95.8M+1.3%	$94.6M
Interest Expense	$4.6M-5.1%	$4.9M-0.5%	$4.9M-14.5%	$5.7M+4.9%	$5.4M+1.8%	$5.3M0.0%	$5.3M+1.2%	$5.3M
Income Tax	$9.3M+2.9%	$9.1M+101.3%	$4.5M-68.2%	$14.1M-10.1%	$15.7M+16.5%	$13.5M-40.0%	$22.5M-1.1%	$22.7M
Net Income	$28.1M+7.4%	$26.2M+73.4%	$15.1M-65.2%	$43.4M-10.1%	$48.3M+19.0%	$40.5M-41.6%	$69.4M+2.4%	$67.8M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

IMKTA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.6B+11.8%	$2.3B+13.7%	$2.0B+6.3%	$1.9B+1.7%	$1.9B+2.3%	$1.8B
Current Assets	$975.6M+16.4%	$838.1M+45.7%	$575.4M+22.4%	$470.2M-5.4%	$497.1M+0.1%	$496.7M
Cash & Equivalents	N/A	N/A	N/A	$6.9M-83.6%	$42.1M+299.8%	$10.5M
Inventory	$483.0M+5.5%	$457.9M+17.4%	$390.0M+6.3%	$366.8M-2.0%	$374.1M+0.5%	$372.2M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$950.1M-8.3%	$1.0B+0.1%	$1.0B-4.2%	$1.1B-10.3%	$1.2B-2.0%	$1.2B
Current Liabilities	$302.9M-9.3%	$333.8M+9.0%	$306.1M-5.5%	$323.8M+30.8%	$247.6M-4.8%	$260.1M
Long-Term Debt	$497.3M-10.3%	$554.3M-3.1%	$571.9M-2.4%	$586.2M-30.2%	$839.6M-1.5%	$852.7M
Total Equity	$1.6B+28.3%	$1.3B+28.1%	$983.3M+20.0%	$819.3M+23.6%	$662.7M+11.3%	$595.4M
Retained Earnings	$1.6B+29.1%	$1.2B+26.4%	$985.7M+20.8%	$816.3M+25.5%	$650.7M+11.8%	$582.1M

Metric	Q1'26	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23
Total Assets	$2.6B+0.9%	$2.5B+1.6%	$2.5B+1.9%	$2.5B-0.6%	$2.5B+5.7%	$2.3B-0.2%	$2.3B+5.9%	$2.2B
Current Assets	$977.1M+3.1%	$947.7M+4.2%	$909.2M-0.2%	$911.0M-4.4%	$952.6M+11.6%	$853.7M-0.6%	$858.6M+10.2%	$779.1M
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Inventory	$485.3M-0.5%	$487.5M-0.7%	$491.2M-2.0%	$501.0M+1.5%	$493.9M+4.1%	$474.2M+2.0%	$464.8M+11.1%	$418.6M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$930.3M-2.4%	$953.3M+2.0%	$934.6M-3.0%	$963.4M-5.1%	$1.0B+3.5%	$980.9M-3.9%	$1.0B-0.6%	$1.0B
Current Liabilities	$291.0M-3.5%	$301.4M+5.6%	$285.4M+0.9%	$283.0M-14.4%	$330.5M+13.0%	$292.5M-9.1%	$321.9M+0.8%	$319.4M
Long-Term Debt	$494.1M-1.3%	$500.6M-0.7%	$504.1M-4.8%	$529.4M-0.6%	$532.6M-1.2%	$539.2M-1.4%	$546.9M-1.9%	$557.6M
Total Equity	$1.6B+2.9%	$1.6B+1.4%	$1.6B+5.1%	$1.5B+2.5%	$1.5B+7.3%	$1.4B+2.7%	$1.3B+11.4%	$1.2B
Retained Earnings	$1.6B+3.0%	$1.6B+1.5%	$1.6B+5.3%	$1.5B+2.8%	$1.4B+7.0%	$1.4B+2.9%	$1.3B+11.3%	$1.2B

IMKTA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$154.1M-54.6%	$339.5M+10.8%	$306.3M-12.5%	$350.1M+65.5%	$211.5M+31.2%	$161.2M
Capital Expenditures	$114.5M-4.3%	$119.6M-14.9%	$140.6M+14.5%	$122.8M-24.1%	$161.8M+7.5%	$150.5M
Free Cash Flow	$39.6M-82.0%	$219.9M+32.7%	$165.7M-27.1%	$227.3M+357.0%	$49.8M+362.7%	$10.8M
Investing Cash Flow	-$109.9M+1.8%	-$112.0M+12.5%	-$128.0M-9.1%	-$117.4M+23.2%	-$152.8M-3.1%	-$148.1M
Financing Cash Flow	-$31.6M-3.2%	-$30.6M+73.3%	-$114.9M+57.1%	-$268.0M-888.0%	-$27.1M-2.5%	-$26.5M
Dividends Paid	$12.3M+0.1%	$12.3M-3.0%	$12.6M-2.9%	$13.0M0.0%	$13.0M0.0%	$13.0M
Share Buybacks	N/A	N/A	$80.0M	N/A	N/A	N/A

Metric	Q1'26	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23
Operating Cash Flow	$38.4M	N/A	N/A	$15.5M	N/A	N/A	$57.3M	N/A
Capital Expenditures	$36.4M	N/A	N/A	$63.2M	N/A	N/A	$59.3M	N/A
Free Cash Flow	$2.1M	N/A	N/A	-$47.7M	N/A	N/A	-$2.1M	N/A
Investing Cash Flow	-$36.3M	N/A	N/A	-$62.4M	N/A	N/A	-$58.2M	N/A
Financing Cash Flow	-$6.7M	N/A	N/A	-$6.7M	N/A	N/A	-$10.7M	N/A
Dividends Paid	$3.1M	N/A	N/A	$3.1M	N/A	N/A	$3.1M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

IMKTA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	23.9%-1.0pp	24.9%-1.2pp	26.1%+0.1pp	26.0%+1.7pp	24.3%+0.4pp	23.9%
Operating Margin	2.2%-4.4pp	6.6%-0.4pp	7.0%+0.9pp	6.1%+2.5pp	3.6%+0.6pp	3.0%
Net Margin	1.6%-3.2pp	4.8%-0.2pp	5.0%+1.1pp	3.9%+1.9pp	1.9%-0.4pp	2.4%
Return on Equity	5.2%-16.5pp	21.6%-3.8pp	25.4%+3.6pp	21.8%+9.5pp	12.3%-4.0pp	16.4%
Return on Assets	3.3%-8.6pp	11.9%-0.5pp	12.4%+3.0pp	9.4%+5.0pp	4.4%-1.0pp	5.3%
Current Ratio	3.22+0.7	2.51+0.6	1.88+0.4	1.45-0.6	2.01+0.1	1.91
Debt-to-Equity	0.31-0.1	0.44-0.1	0.58-0.1	0.72-0.6	1.27-0.2	1.43
FCF Margin	0.7%-3.1pp	3.9%+0.5pp	3.3%-1.6pp	4.9%+3.8pp	1.2%+0.9pp	0.3%

Metric	Q1'26	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23
Gross Margin	24.4%+0.1pp	24.3%+1.0pp	23.4%-0.2pp	23.5%-0.0pp	23.6%-0.0pp	23.6%-1.2pp	24.9%+0.7pp	24.1%
Operating Margin	2.9%+0.1pp	2.8%+1.1pp	1.6%-2.4pp	4.0%-0.7pp	4.7%+0.5pp	4.2%-2.2pp	6.4%-0.1pp	6.5%
Net Margin	2.1%+0.1pp	1.9%+0.8pp	1.1%-1.8pp	2.9%-0.4pp	3.4%+0.4pp	2.9%-1.7pp	4.7%0.0pp	4.7%
Return on Equity	1.7%+0.1pp	1.6%+0.7pp	1.0%-1.9pp	2.9%-0.5pp	3.4%+0.4pp	3.0%-2.3pp	5.2%-0.5pp	5.7%
Return on Assets	1.1%+0.1pp	1.0%+0.4pp	0.6%-1.2pp	1.8%-0.2pp	2.0%+0.3pp	1.7%-1.2pp	3.0%-0.1pp	3.1%
Current Ratio	3.36+0.2	3.14-0.0	3.19-0.0	3.22+0.3	2.88-0.0	2.92+0.3	2.67+0.2	2.44
Debt-to-Equity	0.30-0.0	0.310.0	0.32-0.0	0.35-0.0	0.37-0.0	0.40-0.0	0.41-0.1	0.47
FCF Margin	0.1%	N/A	N/A	-3.2%	N/A	N/A	-0.1%	N/A

Financial Health Signals

Financial Profile 41/100

Profitability

Growth

Leverage

100

Liquidity

100

Cash Flow

Returns

Based on FY2025 annual data. Scores normalized against common benchmarks.

Altman Z-Score Safe

4.48

Bankruptcy risk indicator. Above 2.99 = safe, below 1.81 = distress.

Piotroski F-Score Neutral

5/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Cash-Backed

1.84x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

Interest Coverage Safe

6.0x

Operating income vs interest expense. Above 5x = safe, below 2x = risky.

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Frequently Asked Questions

What is Ingles Mkts Inc's annual revenue?

Ingles Mkts Inc (IMKTA) reported $5.3B in total revenue for fiscal year 2025. This represents a -6.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Ingles Mkts Inc's revenue growing?

Ingles Mkts Inc (IMKTA) revenue declined by 6.1% year-over-year, from $5.7B to $5.3B in fiscal year 2025.

Is Ingles Mkts Inc profitable?

Yes, Ingles Mkts Inc (IMKTA) reported a net income of $83.6M in fiscal year 2025, with a net profit margin of 1.6%.

What is Ingles Mkts Inc's EBITDA?

Ingles Mkts Inc (IMKTA) had EBITDA of $240.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Ingles Mkts Inc's gross margin?

Ingles Mkts Inc (IMKTA) had a gross margin of 23.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ingles Mkts Inc's operating margin?

Ingles Mkts Inc (IMKTA) had an operating margin of 2.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Ingles Mkts Inc's net profit margin?

Ingles Mkts Inc (IMKTA) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Ingles Mkts Inc's return on equity (ROE)?

Ingles Mkts Inc (IMKTA) has a return on equity of 5.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Ingles Mkts Inc's free cash flow?

Ingles Mkts Inc (IMKTA) generated $39.6M in free cash flow during fiscal year 2025. This represents a -82.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Ingles Mkts Inc's operating cash flow?

Ingles Mkts Inc (IMKTA) generated $154.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Ingles Mkts Inc's total assets?

Ingles Mkts Inc (IMKTA) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Ingles Mkts Inc's capital expenditures?

Ingles Mkts Inc (IMKTA) invested $114.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Ingles Mkts Inc's current ratio?

Ingles Mkts Inc (IMKTA) had a current ratio of 3.22 as of fiscal year 2025, which is generally considered healthy.

What is Ingles Mkts Inc's debt-to-equity ratio?

Ingles Mkts Inc (IMKTA) had a debt-to-equity ratio of 0.31 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ingles Mkts Inc's return on assets (ROA)?

Ingles Mkts Inc (IMKTA) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Ingles Mkts Inc's Altman Z-Score?

Ingles Mkts Inc (IMKTA) has an Altman Z-Score of 4.48, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress.

What is Ingles Mkts Inc's Piotroski F-Score?

Ingles Mkts Inc (IMKTA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Ingles Mkts Inc's earnings high quality?

Ingles Mkts Inc (IMKTA) has an earnings quality ratio of 1.84x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

Can Ingles Mkts Inc cover its interest payments?

Ingles Mkts Inc (IMKTA) has an interest coverage ratio of 6.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline.

How financially healthy is Ingles Mkts Inc?

Ingles Mkts Inc (IMKTA) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.