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Ingles Markets Inc (IMKTA) stock

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NASDAQ: IMKTA Nasdaq Food Retail Next results ~November 25, 2026

C+ Fundamentals grade

Ingles Markets Inc is a US-listed company in the food retail industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$110

Cash-flow model

Base case. Range ~$82–$150 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 22% below our base value.

Price used: $85.86, November 2, 2026

Ingles Markets Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling1 purchase and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds116 adding, 92 cuttingOf 40 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Ingles Markets files

Where Ingles Markets stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $5.42bn, up 1.0% on a year earlier, against a decline of 0.3% a quarter earlier. That puts it 9 of 9 for growth among the food retail companies we cover. Free-cash-flow margin rose to 2.8% from 0.2% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 6 of our 7 financial-health checks.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 25, 2026 (estimated)

Ingles Markets Inc's trailing-twelve-month revenue grew 1.0% year on year, with a free-cash-flow margin of 2.8%. Where it stands out: change in growth rate of +1.3pp ranks 2 of 10 food retail companies we cover. Where it lags: gross margin of 24.5% ranks 8 of 8 food retail companies we cover.

Our discounted-cash-flow model values the business at ~$110 per share in the base case (~$82–$150 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 1713.5% while net income grew 84.3%: a 1629pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $85.86 is 29% below our value per share of $110.

Things to watch

  • Below peers: gross margin. Gross margin of 24.5% ranks 8 of 8 food retail companies we cover (median 29.6%).
  • Below peers: revenue growth. Revenue growth of 1.0% ranks 9 of 10 food retail companies we cover (median 3.7%).
  • Heavily shorted. 11.3% of the shares available to trade are sold short (10.5 days of average volume to cover).

Latest results: FY2026 Q3

Filed August 6, 2026
Revenue
$1.37bn, up 1.6% on a year earlier
Share reaction
+0.3% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
capital expenditures $120m to $130m (entire fiscal year 2026)
Next report
November 25, 2026

Ingles Markets' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.1%
  • 1 week-1.7%
  • 1 month-0.7%
  • This year+26.2%
  • 1 year+25.2%
  • 5 years+22.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.4B
Operating margin
2.6%
Net margin
1.9%

Growth

Revenue growth
+1.0%
Change in growth rate
+1.3 pts

Cash

Free cash flow (TTM)
$150M
FCF margin
2.8%

Earnings

Last results
August 6, 2026
Next results (est.)
November 25, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results
  3. Guidance
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Ingles Markets Inc valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 2.4% a year for five years.That is close to the 1.7% a year revenue growth Ingles Markets has delivered.

  • Priced in-2.4%
  • Last 12 months1.0%
  • 3 years a year-2.0%
  • 5 years a year1.7%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($85.05, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$110
Price used
$85.05close November 3, 2026
Implied change
▲ +30%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Ingles Markets Inc's free cash flow after stock-based pay with after-tax interest added back ($99.6M, FY2026 Q3 TTM), growing 2% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$82–~$150 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Ingles Markets Inc's free cash flow after stock-based pay ( $99.6M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Ingles Markets Inc as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.44 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$110 ~$82–$150 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$110 ~$81–$200 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$270 ~$170–$450 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$290 ~$230–$380 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$180 ~$110–$290 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Ingles Markets Inc with Food Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −26%
  • Revenue growth 5 points higher ▲ +34%
  • Free-cash-flow margin 1 point lower ▼ −34%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $96$131$178$239$320$424
8.5% $72$98$132$176$233$307
10% $58$78$104$138$182$238

Moat

39 /100

Weak moat

How hard Ingles Markets's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 7 / 20

    Net income has been a median 5.3% of total assets over 10 years.

  • Pricing power 9 / 20

    Gross margin has been a median 24.3%, moving by 0.9 percentage points (standard deviation) across 10 years.

  • Durability 6 / 20

    Operating margin has been a median 3.7%; its worst year was 1.5%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 9 of 10 years, at a median 1.5% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 25, 2026, before the open.

Analysts' consensus

No analyst estimates are published for Ingles Markets Inc: too few analysts cover it.

Management guidance

Earnings release, August 6, 2026
  • Capital expenditures entire fiscal year 2026 $120m to $130m
    “Capital expenditures for the entire fiscal year 2026 are expected to be approximately $120 million to $130 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Positioning

Short interest
11.3%
of tradable shares
Days to cover
10.54
at average volume
Short interest, 1 month
+5%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
0.1%
of shares
Employees
12,152
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
IMKTA+105%+13%−10%−25%+7%+26%
Industry peers (median)+26%+4%+16%+26%−23%+15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
IMKTA75%50%50%33%58%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
IMKTA−13%−21%−24%−31%−12%−15%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 62% from November 25, 2015 to August 29, 2017. Getting back needed a 162% gain, reached on February 8, 2021, 1259 days after the low.

Price behaviour

52-week range
$68.01 – $94.87
From 52-week high
−9.5%
vs 50-day average
+2.0%
vs 200-day average
−0.4%
Volatility (1 year)
25%
Beta vs S&P 500
-0.07

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±2.2%
After a week
6 up, 6 down
typical move ±3.8%
After a month
5 up, 7 down
typical move ±5.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +0.3% +0.5% +0.7% −5.4%
May 7, 2026 −2.0% +0.5% −2.6% +5.0%
February 5, 2026 +1.9% +0.6% +6.3% +0.8%
November 26, 2025 −0.1% +1.2% −1.1% −9.5%
August 7, 2025 −3.3% +0.7% +0.6% +10.2%
May 8, 2025 +0.7% +0.6% +2.0% −0.5%
February 6, 2025 −4.5% −0.6% −4.0% −5.2%
December 27, 2024 −3.8% −2.2% −4.4% +1.4%
October 29, 2024 +5.2% −0.1% +8.8% +18.5%
August 8, 2024 0.0% +2.8% −2.7% −3.5%
May 9, 2024 +0.2% +0.7% +6.7% −3.1%
February 8, 2024 −4.5% +0.6% −6.2% −8.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Ingles Markets Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Ingles Markets Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Ingles Markets Inc
$5.2B $5.4B $5.6B $5.8B $6B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $5.9B Revenue (TTM), FY24 Q1: $5.9B Revenue (TTM), FY24 Q2: $5.9B Revenue (TTM), FY24 Q3: $5.8B Revenue (TTM), FY24 Q4: $5.6B Revenue (TTM), FY25 Q1: $5.4B Revenue (TTM), FY25 Q2: $5.4B Revenue (TTM), FY25 Q3: $5.4B Revenue (TTM), FY25 Q4: $5.3B Revenue (TTM), FY26 Q1: $5.4B Revenue (TTM), FY26 Q2: $5.4B Revenue (TTM), FY26 Q3: $5.4B $5.4B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $5.9B
FY24 Q1 $5.9B
FY24 Q2 $5.9B
FY24 Q3 $5.8B
FY24 Q4 $5.6B
FY25 Q1 $5.4B
FY25 Q2 $5.4B
FY25 Q3 $5.4B
FY25 Q4 $5.3B
FY26 Q1 $5.4B
FY26 Q2 $5.4B
FY26 Q3 $5.4B
Revenue growth, TTM YoY Ingles Markets Inc
-10% -5% 0% 5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 3.8% Revenue growth, TTM YoY, FY24 Q1: 1.7% Revenue growth, TTM YoY, FY24 Q2: 1.4% Revenue growth, TTM YoY, FY24 Q3: 1.2% Revenue growth, TTM YoY, FY24 Q4: -4.3% Revenue growth, TTM YoY, FY25 Q1: -7.4% Revenue growth, TTM YoY, FY25 Q2: -7.8% Revenue growth, TTM YoY, FY25 Q3: -8.0% Revenue growth, TTM YoY, FY25 Q4: -5.4% Revenue growth, TTM YoY, FY26 Q1: -0.5% Revenue growth, TTM YoY, FY26 Q2: -0.3% Revenue growth, TTM YoY, FY26 Q3: 1.0% 1.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 3.8%
FY24 Q1 1.7%
FY24 Q2 1.4%
FY24 Q3 1.2%
FY24 Q4 -4.3%
FY25 Q1 -7.4%
FY25 Q2 -7.8%
FY25 Q3 -8.0%
FY25 Q4 -5.4%
FY26 Q1 -0.5%
FY26 Q2 -0.3%
FY26 Q3 1.0%
Operating margin (TTM) Ingles Markets Inc
0% 2% 4% 6% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 5.0% Operating margin (TTM), FY24 Q1: 4.4% Operating margin (TTM), FY24 Q2: 4.1% Operating margin (TTM), FY24 Q3: 3.8% Operating margin (TTM), FY24 Q4: 2.6% Operating margin (TTM), FY25 Q1: 2.0% Operating margin (TTM), FY25 Q2: 1.6% Operating margin (TTM), FY25 Q3: 1.5% Operating margin (TTM), FY25 Q4: 2.2% Operating margin (TTM), FY26 Q1: 2.5% Operating margin (TTM), FY26 Q2: 2.7% Operating margin (TTM), FY26 Q3: 2.6% 2.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 5.0%
FY24 Q1 4.4%
FY24 Q2 4.1%
FY24 Q3 3.8%
FY24 Q4 2.6%
FY25 Q1 2.0%
FY25 Q2 1.6%
FY25 Q3 1.5%
FY25 Q4 2.2%
FY26 Q1 2.5%
FY26 Q2 2.7%
FY26 Q3 2.6%
FCF margin (TTM) Ingles Markets Inc
0% 1% 2% 3% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 1.6% FCF margin (TTM), FY24 Q1: 0.8% FCF margin (TTM), FY24 Q2: 1.3% FCF margin (TTM), FY24 Q3: 1.7% FCF margin (TTM), FY24 Q4: 0.9% FCF margin (TTM), FY25 Q1: 0.3% FCF margin (TTM), FY25 Q2: 0.4% FCF margin (TTM), FY25 Q3: 0.2% FCF margin (TTM), FY25 Q4: 0.7% FCF margin (TTM), FY26 Q1: 2.3% FCF margin (TTM), FY26 Q2: 2.8% FCF margin (TTM), FY26 Q3: 2.8% 2.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 1.6%
FY24 Q1 0.8%
FY24 Q2 1.3%
FY24 Q3 1.7%
FY24 Q4 0.9%
FY25 Q1 0.3%
FY25 Q2 0.4%
FY25 Q3 0.2%
FY25 Q4 0.7%
FY26 Q1 2.3%
FY26 Q2 2.8%
FY26 Q3 2.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Sept 2009 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 3,251 3,390 3,569 3,718 3,739 3,836 3,779 3,795 4,003 4,093 4,202 4,611 4,988 5,679 5,893 5,640 5,334 5,418
Gross profit 743 763 794 821 828 845 893 924 964 980 1,022 1,198 1,303 1,416 1,405 1,300 1,274 1,327
EBITDA 191 194 204 214 220 221 242 235 239 238 265 397 467 495 408 269 240 264
Operating income 112 109 119 124 126 123 139 129 128 125 152 281 350 377 292 147 118 143
Net income 28 31 39 43 21 51 59 54 54 97 82 179 250 273 211 106 84 104
Growth (year on year)
Revenue — +4.3% +5.3% +4.2% +0.5% +2.6% −1.5% +0.4% +5.5% +2.3% +2.7% +9.7% +8.2% +13.9% +3.8% −4.3% −5.4% +1.0%
EBITDA — +1.6% +4.9% +5.1% +2.8% +0.2% +9.5% −2.8% +1.6% −0.4% +11.3% +50.1% +17.6% +5.9% −17.5% −34.2% −10.5% +27.4%
Operating income — −2.0% +8.3% +4.5% +1.4% −1.8% +12.8% −7.6% −0.5% −2.4% +21.9% +84.6% +24.6% +7.7% −22.5% −49.7% −20.1% —
Net income — — — — — — — — — — −16.2% — +39.8% +9.2% −22.7% −49.9% — —
Margins
Gross margin 22.9% 22.5% 22.2% 22.1% 22.1% 22.0% 23.6% 24.4% 24.1% 23.9% 24.3% 26.0% 26.1% 24.9% 23.8% 23.0% 23.9% 24.5%
EBITDA margin 5.9% 5.7% 5.7% 5.8% 5.9% 5.8% 6.4% 6.2% 6.0% 5.8% 6.3% 8.6% 9.4% 8.7% 6.9% 4.8% 4.5% 4.9%
Operating margin 3.4% 3.2% 3.3% 3.3% 3.4% 3.2% 3.7% 3.4% 3.2% 3.0% 3.6% 6.1% 7.0% 6.6% 5.0% 2.6% 2.2% 2.6%
Net margin 0.9% 0.9% 1.1% 1.2% 0.6% 1.3% 1.6% 1.4% 1.3% 2.4% 1.9% 3.9% 5.0% 4.8% 3.6% 1.9% 1.6% 1.9%
Free-cash-flow margin −1.2% 1.0% −0.0% −1.3% 1.2% 1.2% 1.3% 0.6% 0.7% 0.3% 1.2% 4.9% 3.3% 3.9% 1.6% 0.9% 0.7% 2.8%
Cash flow
Cash from operations 103 125 97 134 145 154 153 159 156 161 212 350 306 339 266 263 154 249
Capital spending 141 92 98 181 101 108 104 138 128 150 162 123 141 120 174 211 115 100
Free cash flow −38 33 −0 −47 44 46 49 21 29 11 50 227 166 220 93 52 40 150
Balance sheet
Cash 60 58 12 5 17 9 8 6 24 11 42 7 70 267 329 354 366 455
Total debt 0 817 855 835 912 937 886 876 878 866 852 606 590 572 550 533 515 501
Net debt (negative = net cash) −60 760 843 830 896 929 879 871 854 855 810 599 519 305 222 179 149 45
Returned to shareholders
Dividends 15 15 15 15 30 14 13 13 13 13 13 13 13 12 12 12 12 12
Buybacks — 1 1 3 37 65 — — — — — — 80 — — — — —
Total returned 15 16 16 18 68 79 13 13 13 13 13 13 93 12 12 12 12 12

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · June 27, 2026
What it owns · $2.6bn
Short-term assets $1.1bnLonger-term assets $1.6bn
What it owes, and who funded it · $2.6bn
Short-term liabilities $329mLonger-term liabilities $620mShareholders' equity $1.7bn
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $329m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $620m of longer-dated liabilities.
  • More cash than debt $455m of cash against $501m of debt.
  • Debt below 40% of shareholders' equity Debt is 30% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 54% to 30% over five years.
  • A year's operating cash flow covers at least 20% of debt $249m of operating cash flow against $501m of debt.
  • Operating profit covers interest at least five times over Operating income of $143m against $19m of interest.

From Ingles Markets Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$12.3M
Total shareholder yield
1.0%
dividends 1.0% + buybacks 0.0% of market value
Dividend payout ratio
12%
of net income paid out

Competitors: side by side with peers

Closest by revenue in food retail
Last 12 months unless stated IMKTA WMK GO SFM VLGEA CASY Median
Revenue, last 12 months $5.4bn $5.1bn $4.7bn $9.1bn $2.4bn $18.7bn $5.2bn
Revenue growth, last 12 months 1.0% 4.7% 5.1% 5.3% 3.7% 13.8% 3.0%
Revenue growth, 3-year average −2.0% 1.8% 7.4% 10.7% 3.6% 8.8% 3.6%
Revenue growth, latest quarter 1.6% 4.6% 1.1% 4.7% 1.6% 24.3% 1.7%
Gross margin 24.5% 25.5% 30.0% 38.6% 28.2% 23.4% 27.6%
Operating margin 2.6% 2.5% −7.9% 7.3% 2.7% — 2.5%
Operating margin, 3-year average 2.6% 2.5% −1.7% 7.1% 2.9% — 2.5%
Net margin 1.9% 2.0% −8.0% 5.4% 2.2% 4.1% 1.9%
Cash from operations / revenue 4.6% 4.8% 3.9% 7.6% 4.5% 7.4% 4.6%
Free-cash-flow margin 2.8% 0.8% −0.1% 3.7% 2.3% 3.5% 1.6%
Free-cash-flow margin, 3-year average 1.5% 0.7% −0.5% 4.6% 1.5% 3.4% 1.5%
Stock pay / revenue — — 0.2% 0.3% 0.2% 0.3% 0.2%
Change in share count — −7.5% −0.1% −4.3% — −0.4% −4.3%

Median of all 10 companies we cover in food retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

10 food retail companies
Measure Company Peer median Rank
Revenue growth Growth 1.0% 3.7% 9 of 10
Change in growth rate Growth +1.3pp -0.5pp 2 of 10
Gross margin Profitability 24.5% 29.6% 8 of 8
Operating margin Profitability 2.6% 2.5% 4 of 9
Net margin Profitability 1.9% 2.0% 6 of 10
Free-cash-flow margin Cash generation 2.8% 1.7% 3 of 10
Long-term debt as % of assets Balance sheet 18.3% 18.3% 5 of 8

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$1.3B
Institutions reporting
237
Shares held vs prior quarter
▼ 0.1%
Positions opened / closed
30 / 22

Top buyers and sellers, Q2 2026: 116 institutions bought and 92 sold ; the biggest buyer was Qube Research & Technologies Ltd (+143K shares) and the biggest seller Charles Schwab Investment Management Inc (−96K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $120M 1.4M 9.5% ▲ 6.3%
Brandes Investment Partners, LP $112M 1.3M 8.9% ▲ 0.6%
Dimensional Fund Advisors LP $82.8M 935K 6.6% ▲ 2.1%
River Road Asset Management, LLC $81.1M 916K 6.4% ▼ 4.2%
American Century Companies Inc $67.8M 765K 5.4% ▲ 19.4%
Vanguard Capital Management LLC $56.1M 633K 4.5% ▲ 1.7%
Vanguard Portfolio Management LLC $51M 576K 4.1% ▲ 4.8%
GAMCO Investors, Inc. Et Al $48.6M 549K 3.9% ▼ 4.3%
Geode Capital Management, LLC $48.1M 543K 3.8% ▲ 17.3%
Summer Road LLC $38.4M 434K 3.0% 0.0%
State Street Corp $37.9M 428K 3.0% ▲ 7.9%
Bragg Financial Advisors, Inc $34.4M 389K 2.7% ▲ 2.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Ingles Markets Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $44,035 1 trade by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $44,035 net buying
Insider Date Trade Shares Price Value
Jacobs Dwight L. Director May 20, 2026 Buy 500 $88.07 $44,035

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Ingles Markets Inc disclosed in the last 12 months; 2 earlier trades on record.

  • Virginia Foxx(R-NC 5):Sale (full), $15,001 - $50,000, traded September 30, 2022, filed October 12, 2022
  • Virginia Foxx(R-NC 5):Purchase, $50,001 - $100,000, traded August 30, 2022, filed September 8, 2022

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 25, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 5, 2026
  • November 26, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Ingles Markets Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Ingles Markets Inc in brief

What does Ingles Markets Inc do?
Ingles Markets Inc is a US-listed company in the food retail industry. Its financial year ends in September.
What is Ingles Markets Inc's stock ticker?
Ingles Markets Inc trades under the ticker IMKTA on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Ingles Markets Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Ingles Markets Inc reported revenue of $5.4B, 1.0% higher than a year earlier, according to its SEC filings.
What is Ingles Markets Inc's free cash flow?
Ingles Markets Inc's free-cash-flow margin is 2.8% of revenue over the trailing twelve months, ranking 3 of the 10 food retail companies we cover.
What is Ingles Markets Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Ingles Markets Inc's free cash flow after stock-based pay gives ~$110 per share in the base case, and ~$82–$150 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Ingles Markets Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Brandes Investment Partners, LP and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Ingles Markets Inc pay a dividend?
Yes: Ingles Markets Inc paid $12.3M in dividends over the trailing twelve months, a dividend yield of 0.98% and a payout ratio of 11.8%.
How much debt does Ingles Markets Inc have?
Ingles Markets Inc's debt-to-equity ratio is 29.7%, from its latest balance sheet (54.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Ingles Markets Inc's competitors?
In our Food Retail peer group, the companies closest to Ingles Markets Inc are Weis Markets Inc, Grocery Outlet Holding Corp., Sprouts Farmers Market, Inc., Village Super Market Inc and Casey's. The side-by-side comparison below sets their revenue, margins and growth against Ingles Markets Inc's.
Are insiders buying or selling Ingles Markets Inc stock?
Over the last 12 months, Ingles Markets Inc's directors and officers reported 1 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Ingles Markets Inc's next earnings date?
Around November 25, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Ingles Markets Inc announces its own schedule.