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Regional US supermarket chain operating grocery stores across the Southeast, mainly the Carolinas and Georgia.
Regional US supermarket chain operating grocery stores across the Southeast, mainly the Carolinas and Georgia.
Earns on grocery sales through its own stores, with its margin helped by running its own milk-processing plant and owning much of its store property. The Ingle family keeps control through a separate class of shares with extra votes.
Moat: narrow (scale, distribution). Regional store density and an owned warehouse/distribution network give local cost advantages.
Headquarters: Asheville, North Carolina, US · Founded: 1963 · Employees: 25,551
Size Ingles Markets (IMKTA) is a United States Consumer Staples company (Food Retail) with a market value of $1.53B, the 1980th largest of 3,117 United States companies the cockpit tracks. Shares closed at $82.25 on 6 Nov 2026.
Performance Over six months the shares fell 5.0%, against -4.4% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 1.0% over the last twelve months (peer median +2.9%); the operating margin is 2.6% (peer median 3.0%).
Valuation It trades at 0.3× enterprise value to sales against a peer median of 0.5× (5th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.6 points below its cost of capital (7.1% WACC).
Short interest Short interest is 7.3% of the free float (15 Oct 2026).
Next results Next results expected around 25 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $5.42B | $5.33B | $5.64B | $5.89B | $5.68B |
| Revenue growth | — | -5% | -4% | +4% | — |
| Gross profit | $1.33B | $1.17B | $1.19B | $1.30B | $1.31B |
| EBITDA | $265M | $238M | $259M | $405M | $501M |
| Net income | $104M | $83.6M | $106M | $211M | $273M |
| Free cash flow | $149M | $39.2M | $51.7M | $92.8M | $220M |
| Capital expenditure | $99.5M | $115M | $211M | $174M | $120M |
| Total debt | $527M | $544M | $565M | $595M | $613M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Ingles Markets IMKTA | $1.53B | -5% | +1% | 3% | 0.3× | -1.4% |
| Kroger KR | $40.0B | +4% | +2% | 3% | 0.4× | -6.0% |
| Koninklijke Ahold Delhaize AD.AS | $33.3B | -6% | 0% | 4% | 0.5× | -7.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IMKTA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.9% | +3.7% | 3rd lowest of 21 |
| 6-month return | -5.0% | -4.4% | 9th lowest of 21 |
| Distance from 52-week high | -14.0% | -14.9% | 10th highest of 21 |
| Revenue growth (TTM) | +1.0% | +2.9% | 8th lowest of 20 |
| Operating margin | 2.6% | 3.0% | 8th lowest of 20 |
| EV / Sales | 0.3× | 0.5× | 5th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -1.4% | -3.5% | 8th most demanding of 20 |
| Growth delivered (Del g) | +3.0% | +3.8% | 8th lowest of 20 |
| Hurdle (Req g minus delivered) | -4.4 pp | -7.6 pp | 9th most demanding of 20 |
| ROIC minus cost of capital | -0.6 pp | +2.1 pp | 6th lowest of 21 |
| Net debt / EBITDA | 0.3× | 0.9× | 4th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Ingles Markets IMKTA | United States | $1.53B | -5% | +1% | 3% | 0.3× | -1.4% | +3.0% |
| Yesway YSWY | United States | $1.56B | -4% | n/a | n/a | n/a | n/a | n/a |
| Life 8194.T | Japan | $1.43B | +1% | +3% | 3% | 0.3× | -11.0% | +3.0% |
| Better Life Commercial Chain Share 002251.SZ | China | $1.34B | -19% | +11% | 5% | 3.4× | 10.8% | -23.1% |
| Grocery Outlet GO | United States | $1.29B | +59% | +5% | 4% | 0.7× | 4.4% | +8.4% |
| BGF Retail 282330.KS | South Korea | $1.82B | +9% | +5% | 3% | 0.2× | -18.3% | +7.9% |
| Aryzta ARYN.SW | Switzerland | $1.28B | -26% | -3% | 7% | 0.9× | -6.6% | +3.0% |
| Arcs 9948.T | Japan | $1.27B | +5% | +2% | 3% | 0.2× | -10.6% | +2.4% |
| Chongqing Chongbai Technology 600729.SS | China | $1.26B | -9% | -11% | 4% | 0.7× | -10.4% | -6.9% |
| Valor 9956.T | Japan | $1.25B | -6% | +9% | 3% | 0.3× | -2.7% | +4.8% |
| Taiwan FamilyMart 5903.TWO | Taiwan | $1.23B | -4% | +7% | 2% | 0.3× | -2.4% | +5.2% |
| San-a 2659.T | Japan | $1.22B | -2% | +6% | 7% | 0.6× | -12.3% | +3.9% |
| Weis Markets WMK | United States | $1.92B | +10% | +4% | 2% | 0.4× | 4.3% | +3.8% |
| Shanghai Bailian 600827.SS | China | $1.99B | -5% | -9% | -2% | 0.7× | -3.5% | -6.7% |
| Fuji 8278.T | Japan | $1.11B | -1% | -1% | 1% | 0.2× | 2.6% | +20.9% |
| Toly Bread 603866.SS | China | $1.01B | -15% | -2% | 8% | 1.4× | 0.5% | -1.8% |
| Chengdu Hongqi Chain 002697.SZ | China | $1.01B | -5% | -1% | 5% | 0.5× | -17.5% | +1.1% |
| United Super Markets 3222.T | Japan | $999M | -7% | +11% | 0% | 0.2× | 31.5% | +5.6% |
| Blue Zones 417A.T | Japan | $2.56B | +11% | +12% | 4% | 0.5× | -4.0% | +9.9% |
| Jiangxi Guoguang Commercial Chains 605188.SS | China | $908M | -26% | +3% | 1% | 2.1× | 27.5% | +4.6% |
| Jiajiayue 603708.SS | China | $874M | -12% | 0% | 2% | 0.4× | -12.7% | +1.5% |