Tearsheet

Ingles Markets (IMKTA)

Market Price (12/26/2025): $70.86 | Market Cap: $1.3 Bil
Sector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Ingles Markets (IMKTA)

Market Price (12/26/2025): $70.86
Market Cap: $1.3 Bil
Sector: Consumer Staples
Industry: Consumer Staples Merchandise Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%	Weak multi-year price returns 2Y Excs Rtn is -62%, 3Y Excs Rtn is -107%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.0%, Rev Chg QQuarterly Revenue Change % is -2.1%
1	Low stock price volatility Vol 12M is 26%		Key risks IMKTA key risks include [1] its significant vulnerability to regional economic downturns and natural disasters, Show more.
2	Megatrend and thematic drivers Megatrends include E-commerce & DTC Adoption, and Health & Wellness Trends. Themes include Online Grocery Platforms, Organic & Natural Products, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.1%
1	Low stock price volatility Vol 12M is 26%
2	Megatrend and thematic drivers Megatrends include E-commerce & DTC Adoption, and Health & Wellness Trends. Themes include Online Grocery Platforms, Organic & Natural Products, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -62%, 3Y Excs Rtn is -107%
4	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.4%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.0%, Rev Chg QQuarterly Revenue Change % is -2.1%
5	Key risks IMKTA key risks include [1] its significant vulnerability to regional economic downturns and natural disasters, Show more.

Valuation, Metrics & Events

	12/26/25	2024	2023	2022
Share Price CYE	$70.86	$63.80	$84.74	$93.92
Market Cap CYE ($ Bil)	1.3	1.2	1.6	1.8
Total Debt ($ Bil)	0.5	0.5	0.6	0.6
Total Cash ($ Bil)	0.4	0.4	0.4	0.3
Enterprise Value ($ Bil)	1.5	1.7	2.2	2.4
Valuation Ratios
P/S TTM	0.3	0.2	0.3	0.3
P/EBIT TTM	10.4	9.4	10.2	6.1
P/E TTM	16.1	14.6	15.5	8.7
P/FCF TTM	34.0	30.9	31.8	19.7
Sector Ratios
P/S TTM (Sector)	0.8	1.0	1.0	0.9
P/EBIT TTM (Sector)	8.7	9.8	10.9	11.0
P/E TTM (Sector)	12.8	13.9	15.9	14.8
P/FCF TTM (Sector)	11.5	14.5	12.3	11.8

	12/26/25	2024	2023
Share Price CYE	$70.86	$63.80	$84.74
Market Cap CYE ($ Bil)	1.3	1.2	1.6
Total Debt ($ Bil)	0.5	0.5	0.6
Total Cash ($ Bil)	0.4	0.4	0.4
Enterprise Value ($ Bil)	1.5	1.7	2.2
Valuation Ratios
P/S TTM	0.3	0.2	0.3
P/EBIT TTM	10.4	9.4	10.2
P/E TTM	16.1	14.6	15.5
P/FCF TTM	34.0	30.9	31.8
Sector Ratios
P/S TTM (Sector)	0.8	1.0	1.0
P/EBIT TTM (Sector)	8.7	9.8	10.9
P/E TTM (Sector)	12.8	13.9	15.9
P/FCF TTM (Sector)	11.5	14.5	12.3

	IMKTA	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	5.3
Rev Chg Q	-2.1%	7.3%
Rev Chg LTM	-5.4%	6.1%
Rev Chg 3Y Avg	-2.0%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.1
CFO LTM ($ Bil)	0.2
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	2.7%	18.8%
CFO/Rev LTM	2.9%	20.4%
Net Inc Mgn	1.6%	13.1%
VALUATION	MODERATE
P/S	0.3	3.3
P/CFO	8.7	15.8
P/FCF	34.0	20.7
P/E	16.1	23.5
STABILITY	GOOD
Debt/Equity	0.40	0.21
Cash/Assets	0.14	0.07

AI Analysis | Feedback

Metric	Value	Date	Source
Number of Supermarkets	198	9302023	Link
Number of Pharmacies	114	9302023	Link
Number of Fuel Stations	108	9302023	Link
Total Square Feet of Retail Space	11,403,000	9302023	Link
Number of Owned Supermarkets	167	9302023	Link
Number of Leased Supermarkets	31	9302023	Link
Number of Undeveloped Sites	29	9302023	Link
Percentage of Goods Supplied by Own Distribution Facilities	57%	9302023	Link
Percentage of Milk Products Supplied by Own Plant	72%	9302023	Link
Percentage of Milk Plant Sales to Third Parties	81%	9302023	Link

Recent
11/26/2025	Earnings Release	Rev: $1.0 Bil (A) vs. $null (E) EPS: 1.35 (A) vs. $- (E)
Upcoming
2/05/2026	Earnings Release	Rev: - EPS: -

IMKTA Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Here are the key points for Ingles Markets (IMKTA) stock movement for the approximate time period from August 31, 2025, to December 26, 2025: 1. Strong Q4 2025 Financial Recovery. Ingles Markets reported a significant turnaround in its net income for the fourth quarter of fiscal year 2025, reaching $25.7 million, compared to a net loss of $1.5 million in the same quarter of the previous year. The company also saw a substantial improvement in gross profit, rising to $334.7 million, or 24.5% of sales, from 21.4% in the prior year. Additionally, Ingles Markets reduced its capital expenditures to $114.5 million in 2025, down from $210.9 million in 2024, indicating a more conservative investment approach.

2. Stock Reaching 52-Week High. On November 21, 2025, Ingles Markets' stock hit a 52-week high, trading at $75.67. This represented a 28% gain from its 52-week low of $58.92 and a 23.35% increase over the preceding six months, reflecting investor confidence and the company's performance in the retail sector.

Show more

Stock Movement Drivers

Fundamental Drivers

The 6.2% change in IMKTA stock from 9/25/2025 to 12/25/2025 was primarily driven by a 49.0% change in the company's Net Income Margin (%).

	9252025	12252025	Change
Stock Price ($)	67.01	71.13	6.15%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	5363.14	5334.03	-0.54%
Net Income Margin (%)	1.05%	1.57%	48.97%
P/E Multiple	22.56	16.16	-28.35%
Shares Outstanding (Mil)	18.99	18.99	0.00%
Cumulative Contribution			6.15%

LTM = Last Twelve Months as of date shown

Market Drivers

9/25/2025 to 12/25/2025

	Return	Correlation
IMKTA	6.2%
Market (SPY)	4.9%	18.8%
Sector (XLP)	0.5%	33.5%

Fundamental Drivers

The 13.3% change in IMKTA stock from 6/26/2025 to 12/25/2025 was primarily driven by a 36.9% change in the company's Net Income Margin (%).

	6262025	12252025	Change
Stock Price ($)	62.79	71.13	13.28%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	5410.46	5334.03	-1.41%
Net Income Margin (%)	1.14%	1.57%	36.88%
P/E Multiple	19.25	16.16	-16.06%
Shares Outstanding (Mil)	18.99	18.99	0.00%
Cumulative Contribution			13.28%

LTM = Last Twelve Months as of date shown

Market Drivers

6/26/2025 to 12/25/2025

	Return	Correlation
IMKTA	13.3%
Market (SPY)	13.1%	21.7%
Sector (XLP)	-1.9%	37.3%

Fundamental Drivers

The 9.6% change in IMKTA stock from 12/25/2024 to 12/25/2025 was primarily driven by a 109.4% change in the company's P/E Multiple.

	12252024	12252025	Change
Stock Price ($)	64.88	71.13	9.63%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	5827.08	5334.03	-8.46%
Net Income Margin (%)	2.74%	1.57%	-42.80%
P/E Multiple	7.72	16.16	109.38%
Shares Outstanding (Mil)	18.99	18.99	0.00%
Cumulative Contribution			9.63%

LTM = Last Twelve Months as of date shown

Market Drivers

12/25/2024 to 12/25/2025

	Return	Correlation
IMKTA	9.6%
Market (SPY)	15.8%	23.5%
Sector (XLP)	0.2%	38.5%

Fundamental Drivers

The -26.4% change in IMKTA stock from 12/26/2022 to 12/25/2025 was primarily driven by a -67.4% change in the company's Net Income Margin (%).

	12262022	12252025	Change
Stock Price ($)	96.59	71.13	-26.36%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	5678.84	5334.03	-6.07%
Net Income Margin (%)	4.80%	1.57%	-67.37%
P/E Multiple	6.73	16.16	140.30%
Shares Outstanding (Mil)	18.99	18.99	0.00%
Cumulative Contribution			-26.36%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2023 to 12/25/2025

	Return	Correlation
IMKTA	-15.6%
Market (SPY)	48.3%	21.8%
Sector (XLP)	14.4%	36.1%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
IMKTA Return	-9%	105%	13%	-10%	-25%	11%	58%
Peers Return	�	36%	7%	8%	31%	-16%	�
S&P 500 Return	16%	27%	-19%	24%	23%	18%	115%
Monthly Win Rates [3]
IMKTA Win Rate	58%	75%	50%	50%	33%	58%
Peers Win Rate	62%	62%	52%	57%	52%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
IMKTA Max Drawdown	-31%	-2%	-12%	-23%	-29%	-7%
Peers Max Drawdown	�	-12%	-14%	-11%	-16%	-20%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: KR, ACI, SFM, WMK, GO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/24/2025 (YTD)

How Low Can It Go

Unique Key	Event	IMKTA	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-26.8%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	36.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-31.7%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	46.4%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	308 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-58.0%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	138.3%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	1,255 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-74.0%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	284.0%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	2,136 days	1,480 days

Compare to WMT, DG, WMK, VLGEA, COST

In The Past

Ingles Markets's stock fell -26.8% during the 2022 Inflation Shock from a high on 12/12/2022. A -26.8% loss requires a 36.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Ingles Markets (IMKTA)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

AI Analysis | Feedback

1. A regional grocery chain, similar to a smaller Kroger.

2. A supermarket chain focused on the Southeastern U.S., much like Publix or Food Lion.

3. A traditional grocery store company, akin to a regional Safeway or ShopRite in its operational style.

AI Analysis | Feedback

Groceries: A wide assortment of packaged and perishable food items, including dairy, frozen foods, beverages, and pantry staples.
Fresh Produce: A selection of fresh fruits, vegetables, and herbs.
Meat and Seafood: Freshly cut meats, poultry, and a variety of seafood options.
Bakery and Deli Products: In-store baked goods, custom cakes, prepared meals, sliced meats, and cheeses.
Pharmacy Services: Prescription filling and a range of over-the-counter medications and health products.
General Merchandise and Floral: Non-food items such as health & beauty products, household essentials, and fresh flowers and plants.
Fuel Services: Gasoline and diesel available at select store locations.

AI Analysis | Feedback

Ingles Markets (symbol: IMKTA) primarily sells directly to individuals.

The company serves the following categories of customers:

General Household Shoppers: This broad category includes individuals and families conducting their routine grocery shopping for everyday needs, encompassing fresh produce, meats, dairy, pantry staples, and household items. They typically seek convenience, variety, and competitive pricing for their regular consumption.
Budget-Conscious Shoppers: These customers prioritize value and affordability, actively seeking out sales, promotions, and private-label brands to maximize their savings on essential groceries and household products.
Health-Oriented and Specialty Shoppers: This group comprises consumers interested in organic products, natural foods, specific dietary options (e.g., gluten-free, plant-based), or gourmet items. They often value product quality, specific ingredient sourcing, and healthier alternatives.

AI Analysis | Feedback

null

AI Analysis | Feedback

James W. Lanning, Chief Executive Officer, President, Chief Operating Officer and Director

Mr. Lanning has been the Chief Executive Officer and Chief Operating Officer at Ingles Markets since March 2016. He has also served as a Director and President since 2003. Mr. Lanning joined the company in 1975 and has held various leadership roles throughout his tenure.

Patricia E. Jackson, Chief Financial Officer, Vice President of Finance and Director

Ms. Jackson has served as the Chief Financial Officer, Vice President of Finance, and Director of Ingles Markets since March 2022. Prior to this role, she was the Controller of the company from 2010 to 2022. Ms. Jackson also previously served as the Chief Financial Officer of Sisters of Mercy Services Corporation.

Robert P. Ingle II, Chairman of the Board

Mr. Ingle II has been the Chairman of Ingles Markets since May 2004. He previously served as the Chief Executive Officer of the company from March 2011 to March 2016. Mr. Ingle II joined the company in 1985 and has been a Director since 1997. His father, Robert P. Ingle, founded Ingles Markets in 1963.

Laura Ingle Sharp, Director

Ms. Sharp serves as a Director of Ingles Markets Inc. She is the daughter of the founder, Robert P. Ingle, and the sister of Robert P. Ingle II.

Michael David Hogan, President of Milkco

Mr. Hogan serves as the President of Milkco, Inc., a subsidiary of Ingles Markets, and has held this position since 2022.

AI Analysis | Feedback

The key risks to Ingles Markets (symbol: IMKTA) include its regional vulnerability to natural disasters, intense competition within the supermarket industry, and various operational risks such as inflation, labor shortages, and volatile energy costs.

Regional Vulnerability and Natural Disasters: Ingles Markets operates primarily in the Southeastern United States, making it highly susceptible to regional economic downturns and natural disasters. The impact of Hurricane Helene in 2024 significantly affected the company, leading to substantial property damage, inventory losses, and operational disruptions across its stores and distribution centers. This natural disaster resulted in estimated lost sales and a notable decrease in net income, with ongoing effects anticipated into fiscal years 2025 and 2026 as stores undergo rebuilding and recovery.
Intense Competition: The supermarket industry is highly competitive, and Ingles Markets faces significant challenges from major national retailers such as Walmart and Kroger, regional players like Publix, and discount chains including Aldi. This intense competition affects pricing strategies, product selection, and the company's overall market position, requiring continuous investment in store modernization and differentiation to maintain its customer base.
Operational Risks (Inflation, Labor Shortages, Volatile Energy Costs): Ingles Markets is exposed to several operational risks, including labor shortages, self-insurance liabilities, and volatile energy costs. Inflation and increased labor costs have particularly pressured the company's operating margins. Additionally, fluctuations in fuel prices and availability pose risks to both the company's fuel sales and its distribution costs, impacting overall financial performance.

AI Analysis | Feedback

The aggressive expansion of hard discounter grocery chains, notably Aldi and Lidl, into Ingles Markets' core operating regions. These retailers employ a fundamentally different, highly efficient, and low-cost business model focused on private-label products and a limited assortment. Their continued expansion directly threatens Ingles Markets' traditional full-service supermarket model by capturing market share from price-sensitive consumers and reshaping competitive dynamics in the grocery landscape.

AI Analysis | Feedback

Ingles Markets (symbol: IMKTA) operates primarily in the retail grocery, pharmacy, and fuel sectors within the southeastern United States. The addressable markets for these main products and services in the U.S. are as follows:

Grocery/Supermarket Market: The United States food and grocery retailing market was valued at approximately USD 1.74 trillion in 2024 and is projected to reach USD 2.41 trillion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.30% between 2025 and 2034. In 2025, the U.S. grocery retail market is valued at over $900 billion. Total sales for supermarkets in the U.S. were $1 trillion in 2024.
Retail Pharmacy Market: The U.S. retail pharmacy market was valued at USD 534.71 billion in 2024 and is projected to grow to USD 737.48 billion by 2031, with a CAGR of 4.70% during the period of 2025-2031. Another estimate projects the U.S. retail pharmacy market to increase from US$ 609.2 billion in 2025 to US$ 818.0 billion by 2032.
Gasoline Retail Market: The USA gas station market is valued at USD 135 billion.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Ingles Markets (IMKTA) over the next 2-3 years:

Reopening and Recovery of Hurricane-Impacted Stores: Ingles Markets has experienced recent revenue declines primarily due to the impact of Hurricane Helene, which caused significant damage and temporary closures of several stores in Western North Carolina. As these stores are reopened and fully operational, the company expects to recover lost sales and see a positive impact on its top line.
Store Improvements, Remodels, and Equipment Upgrades: The company has consistently invested in store modernization and enhancement through capital expenditures, including new stores, remodels, and equipment upgrades. These investments are aimed at improving the customer shopping experience, which is expected to attract more customers and increase per-customer sales, thereby driving revenue growth.
Selective New Store Openings and Enhancing Footprint in Existing Markets: Ingles Markets plans to continue its expansion strategy by adding new stores and strategically relocating existing ones, primarily within its established markets in the southeastern United States. This targeted expansion and enhancement of its existing footprint are expected to lead to increased market penetration and overall sales.
Growth in Private Label Program and Diversified Service Offerings: The company’s business model includes a robust private label program and a comprehensive offering of services such as pharmacies, fuel stations, and delis within its supermarkets. Expanding and promoting these offerings can enhance customer loyalty, increase the average transaction size, and diversify revenue streams beyond traditional grocery sales.
Maintaining a Value and Affordable Price Proposition: Ingles Markets emphasizes providing excellent customer service and products at affordable prices. In a competitive retail environment, maintaining competitive pricing and a strong value proposition can help attract and retain a loyal customer base, supporting consistent revenue generation.

AI Analysis | Feedback

Capital Allocation Decisions (Last 3-5 Years)

Share Repurchases

Ingles Markets reduced outstanding shares by 6% between 2020 and 2022.

Capital Expenditures

Capital expenditures were $206 million in fiscal year 2024 and $170 million in fiscal year 2023.
For fiscal year 2025, expected capital expenditures are projected to be between $120 million and $160 million.
The primary focus of capital expenditures includes improving the store base, technology, and equipment, as well as remodeling, expanding existing stores, and reopening hurricane-impacted locations.

Better Bets than Ingles Markets (IMKTA)

INDUSTRY: Consumer Staples Merchandise Retail

Higher Rev Chg 3Y Avg | Lower P/S (Values for IMKTA: -2.0% | 0.3x)

Village Super Market

TGT (13.3%)

Target

WMK (8.3%)

Weis Markets

NGVC (7.7%)

Natural Grocers by Vitamin Cottage

SECTOR: Consumer Staples

Higher Rev Chg 3Y Avg | Lower P/S (Values for IMKTA: -2.0% | 0.3x)

PFGC (5.6% | 0.2x)

Performance Food

ACI (2.6% | 0.1x)

Albertsons Companies

UNFI (2.5% | 0.1x)

United Natural Foods

DOLE (5.2% | 0.2x)

Dole

GO (10.1% | 0.2x)

Grocery Outlet

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IMKTA: -2.0% | 9.3x)

BUD (0.8% | 8.3x)

Anheuser-Busch InBev SA/NV

MO (-0.9% | 8.3x)

Altria

TGT (-1.1% | 8.4x)

Target

KHC (-0.8% | 5.8x)

Kraft Heinz

GIS (-0.9% | 8.7x)

General Mills

Higher Rev Chg LTM (Value for IMKTA: -5.4%)

COST (8.3%)

Costco Wholesale

PM (7.5%)

Philip Morris International

WMT (4.3%)

Walmart

KO (2.8%)

Coca-Cola

PG (1.2%)

Procter & Gamble

Higher Rev Chg 3Y Avg (Value for IMKTA: -2.0%)

PM (8.0%)

Philip Morris International

COST (6.7%)

Costco Wholesale

WMT (5.4%)

Walmart

KO (4.0%)

Coca-Cola

PG (1.8%)

Procter & Gamble

Higher Op Mgn LTM (Value for IMKTA: 2.7%)

PM (37.1%)

Philip Morris International

KO (31.3%)

Coca-Cola

PG (24.1%)

Procter & Gamble

WMT (4.1%)

Walmart

COST (3.8%)

Costco Wholesale

Higher CFO/Rev LTM (Value for IMKTA: 2.9%)

PM (28.8%)

Philip Morris International

PG (22.3%)

Procter & Gamble

KO (16.0%)

Coca-Cola

WMT (5.8%)

Walmart

COST (5.3%)

Costco Wholesale

Higher FCF/Rev LTM (Value for IMKTA: 0.7%)

PM (25.3%)

Philip Morris International

PG (17.6%)

Procter & Gamble

KO (11.7%)

Coca-Cola

COST (3.2%)

Costco Wholesale

WMT (2.2%)

Walmart

Higher Total Yield (Value for IMKTA: 7.1%)

MO (15.8%)

Altria

MDLZ (8.5%)

Mondelez International

PEP (7.5%)

PepsiCo

CL (7.2%)

Colgate-Palmolive

KO (7.1%)

Coca-Cola

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for IMKTA: -2.0% | 0.3x)

COR (10.4% | 0.2x)

Cencora

CAH (7.3% | 0.2x)

Cardinal Health

HUM (11.4% | 0.2x)

Humana

CNC (9.6% | 0.1x)

Centene

SNX (-0.3% | 0.2x)

TD Synnex

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IMKTA: -2.0% | 9.3x)

T (1.1% | 7.3x)

AT&T

VZ (0.5% | 5.4x)

Verizon Communications

CMCSA (0.7% | 4.9x)

Comcast

ENB (8.6% | 9.2x)

Enbridge

TRP (1.5% | 9.2x)

TC Energy

Higher Rev Chg LTM (Value for IMKTA: -5.4%)

NVDA (65.2%)

NVIDIA

MSFT (15.6%)

Microsoft

GOOGL (13.4%)

Alphabet

AMZN (10.9%)

Amazon.com

AAPL (6.0%)

Apple

Higher Rev Chg 3Y Avg (Value for IMKTA: -2.0%)

NVDA (91.6%)

NVIDIA

MSFT (13.2%)

Microsoft

AMZN (11.3%)

Amazon.com

GOOGL (11.0%)

Alphabet

AAPL (1.8%)

Apple

Higher Op Mgn LTM (Value for IMKTA: 2.7%)

NVDA (58.8%)

NVIDIA

MSFT (46.3%)

Microsoft

GOOGL (32.2%)

Alphabet

AAPL (31.9%)

Apple

AMZN (11.4%)

Amazon.com

Higher CFO/Rev LTM (Value for IMKTA: 2.9%)

MSFT (50.0%)

Microsoft

NVDA (44.4%)

NVIDIA

GOOGL (39.3%)

Alphabet

AAPL (26.6%)

Apple

AMZN (18.1%)

Amazon.com

Higher FCF/Rev LTM (Value for IMKTA: 0.7%)

NVDA (41.3%)

NVIDIA

MSFT (26.6%)

Microsoft

AAPL (23.5%)

Apple

GOOGL (19.1%)

Alphabet

AMZN (2.0%)

Amazon.com

Higher Total Yield (Value for IMKTA: 7.1%)

XOM (9.2%)

Exxon Mobil

WFC (8.7%)

Wells Fargo

UNH (8.6%)

UnitedHealth

CVX (8.6%)

Chevron

JNJ (7.5%)

Johnson & Johnson

		Best Bets In Consumer Staples Sector
	IMKTA	MO	PM	MNST	PG	STZ	CL	HSY	KO	FIZZ	COCO
What You Pay
P/E	16.2	11.3	29.3	43.8	20.2	20.2	22.4	24.5	23.2	16.2	43.9
P/EBIT	10.4	8.5	16.5	33.3	15.4	11.7	15.5	19.6	17.2	12.7	41.3
What You Get
Rev Chg Q	-2.1%	0.2%	9.4%	16.8%	3.0%	-15.0%	1.0%	26.0%	5.1%	-1.0%	37.2%
Rev Chg LTM	-5.4%	-0.2%	7.5%	7.6%	1.2%	-5.6%	0.1%	2.5%	2.8%	1.0%	23.1%
Rev Chg 3Y Avg	-2.0%	-0.9%	8.0%	8.6%	1.8%	0.7%	4.2%	5.2%	4.0%	1.1%	13.3%
FCF/Rev 3Y Avg	1.1%	42.7%	24.9%	22.0%	18.0%	17.0%	15.4%	13.9%	13.9%	13.4%	13.1%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 8.7%, alpha of 1.4%, and sharpe of 0.5

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Ingles Markets Earnings Notes
2	How Low Can Ingles Markets Stock Really Go?	Return
3	Why Ingles Markets Stock Moved: IMKTA Stock Has Lost 24% Since 2022 Fiscal End, Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)
4	IMKTA Dip Buy Analysis
5	Now Is Not The Time To Buy Ingles Markets Stock	Buy or Fear
6	Ingles Markets (IMKTA) Valuation Ratios Comparison	Financials
7	Ingles Markets Total Shareholder Return (TSR): -5.8% in 2025 and -4.0% 3-yr compounded annual returns (below peer average)
8	Ingles Markets (IMKTA) Operating Cash Flow Comparison	Financials
9	Ingles Markets (IMKTA) Net Income Comparison	Financials
10	Ingles Markets (IMKTA) Operating Income Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

Select ideas related to IMKTA. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BF-B_11302025_Dip_Buyer_ValueBuy	11302025	BF-B	Brown-Forman	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-6.5%	-6.5%	-7.4%
CPB_11302025_Dip_Buyer_ValueBuy	11302025	CPB	Campbell's	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-8.1%	-8.1%	-9.2%
ENR_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	ENR	Energizer	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	13.2%	13.2%	-5.3%
FLO_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FLO	Flowers Foods	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	5.2%	5.2%	-1.6%
CLX_11142025_Dip_Buyer_FCFYield	11142025	CLX	Clorox	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-5.3%	-5.3%	-6.0%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
OMER	Omeros	0.9	75.5%	55.5%
DVAX	Dynavax Technologies	1.8	38.2%	20.4%
EWTX	Edgewise Therapeutics	2.9	25.5%	2.2%
AGIO	Agios Pharmaceuticals	1.7	18.6%	-11.2%
TVTX	Travere Therapeutics	3.6	13.9%	131.2%
KOD	Kodiak Sciences	1.6	13.2%	212.4%
RZLT	Rezolute	0.3	13.2%	-44.1%
UP	Wheels Up Experience	0.5	11.7%	-57.4%
FBYD	Falcons Beyond Global	0.7	9.5%	129.7%
BW	Babcock & Wilcox Enterprises	0.5	8.5%	226.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ASTS	AST SpaceMobile	18.9	-8.9%	269.9%
QBTS	D-Wave Quantum	9.4	-5.5%	227.6%
NNE	Nano Nuclear Energy	1.2	-4.6%	21.7%
MNMD	Mind Medicine	1.2	-4.2%	93.0%
PPTA	Perpetua Resources	2.0	-4.0%	149.1%
KOS	Kosmos Energy	0.4	-4.0%	-73.6%
FRMI	Fermi	5.5	-4.0%	-75.7%
EXOD	Exodus Movement	0.4	-3.9%	-50.5%
TLRY	Tilray Brands	10.8	-3.6%	-23.7%
AEHR	Aehr Test Systems	0.7	-3.1%	32.7%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
OMER	Omeros	0.9	74.0%	55.5%
LUNR	Intuitive Machines	2.0	63.7%	-8.0%
AAOI	Applied Optoelectronics	2.6	51.1%	11.2%
FBYD	Falcons Beyond Global	0.7	47.2%	129.7%
FLY	Firefly Aerospace	3.8	45.9%	-55.2%
RKLB	Rocket Lab	39.8	43.0%	203.0%
DVAX	Dynavax Technologies	1.8	42.5%	20.4%
UAMY	United States Antimony	0.8	39.9%	258.8%
DJT	Trump Media & Technology	4.0	36.7%	-58.0%
RZLT	Rezolute	0.3	36.3%	-44.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	31.7	-80.5%	-28.0%
TPL	Texas Pacific Land	6.8	-66.5%	-19.2%
LW	Lamb Weston	6.0	-28.6%	-34.8%
TLRY	Tilray Brands	10.8	-21.2%	-23.7%
INSP	Inspire Medical Systems	2.8	-19.1%	-48.4%
TDUP	ThredUp	0.8	-17.1%	354.7%
OLMA	Olema Pharmaceuticals	2.3	-15.8%	370.8%
IIPR	Innovative Industrial Properties	1.4	-12.9%	-15.7%
ABM	ABM Industries	2.6	-12.6%	-15.8%
FRMI	Fermi	5.5	-12.6%	-75.7%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	3.0	144.6%	47.5%
TE	T1 Energy	1.1	124.5%	418.4%
ANF	Abercrombie & Fitch	6.0	93.2%	-15.2%
VERA	Vera Therapeutics	3.6	90.4%	31.6%
LUNR	Intuitive Machines	2.0	85.7%	-8.0%
AAOI	Applied Optoelectronics	2.6	82.5%	11.2%
RKLB	Rocket Lab	39.8	81.8%	203.0%
PL	Planet Labs PBC	6.2	76.1%	403.0%
NRGV	Energy Vault	0.8	66.9%	118.9%
FLY	Firefly Aerospace	3.8	60.4%	-55.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.3	-72.0%	-44.1%
JANX	Janux Therapeutics	0.9	-54.6%	-73.3%
LENZ	LENZ Therapeutics	0.5	-46.3%	-40.6%
FRMI	Fermi	5.5	-45.2%	-75.7%
GOGO	Gogo	0.6	-34.1%	-43.0%
HPK	HighPeak Energy	0.6	-30.8%	-69.2%
ORIC	ORIC Pharmaceuticals	0.7	-28.5%	4.5%
FDMT	4D Molecular Therapeutics	0.5	-25.6%	45.4%
NKTR	Nektar Therapeutics	0.6	-25.1%	215.0%
LW	Lamb Weston	6.0	-24.8%	-34.8%

Peer Comparisons for Ingles Markets

Peers to compare with:

Financials

	IMKTA	KR	ACI	SFM	WMK	GO	Median
Name	Ingles M.	Kroger	Albertso.	Sprouts .	Weis Mar.	Grocery .
Mkt Price	71.13	62.93	17.28	79.68	65.92	10.26	64.42
Mkt Cap	1.4	41.2	9.7	7.8	1.6	1.0	4.7
Rev LTM	5,334	147,225	81,371	8,654	4,895	4,571	6,994
Op Inc LTM	146	1,556	1,558	678	120	71	412
FCF LTM	40	2,269	659	458	-3	-52	249
FCF 3Y Avg	61	2,251	606	359	41	-4	210
CFO LTM	154	6,062	2,588	702	208	189	455
CFO 3Y Avg	228	6,133	2,608	584	195	204	406

Growth & Margins

	IMKTA	KR	ACI	SFM	WMK	GO	Median
Name	Ingles M.	Kroger	Albertso.	Sprouts .	Weis Mar.	Grocery .
Rev Chg LTM	-5.4%	-1.8%	2.1%	16.6%	2.2%	7.2%	2.1%
Rev Chg 3Y Avg	-2.0%	0.2%	2.6%	11.1%	2.9%	10.1%	2.8%
Rev Chg Q	-2.1%	0.7%	2.0%	13.1%	4.4%	5.4%	3.2%
QoQ Delta Rev Chg LTM	-0.5%	0.2%	0.4%	3.0%	1.1%	1.3%	0.8%
Op Mgn LTM	2.7%	1.1%	1.9%	7.8%	2.4%	1.5%	2.2%
Op Mgn 3Y Avg	3.4%	1.9%	2.3%	6.7%	2.6%	2.3%	2.5%
QoQ Delta Op Mgn LTM	1.2%	-1.6%	-0.1%	0.2%	-0.2%	-0.4%	-0.1%
CFO/Rev LTM	2.9%	4.1%	3.2%	8.1%	4.2%	4.1%	4.1%
CFO/Rev 3Y Avg	4.0%	4.1%	3.3%	7.6%	4.0%	4.9%	4.1%
FCF/Rev LTM	0.7%	1.5%	0.8%	5.3%	-0.1%	-1.1%	0.8%
FCF/Rev 3Y Avg	1.1%	1.5%	0.8%	4.7%	0.9%	0.0%	1.0%

Valuation

	IMKTA	KR	ACI	SFM	WMK	GO	Median
Name	Ingles M.	Kroger	Albertso.	Sprouts .	Weis Mar.	Grocery .
Mkt Cap	1.4	41.2	9.7	7.8	1.6	1.0	4.7
P/S	0.3	0.3	0.1	0.9	0.3	0.2	0.3
P/EBIT	10.4	28.1	6.0	11.5	13.6	35.3	12.6
P/E	16.2	52.2	9.9	15.2	16.3	-226.8	15.7
P/CFO	8.8	6.8	3.7	11.1	7.9	5.3	7.3
Total Yield	7.1%	4.1%	13.5%	6.6%	8.3%	-0.4%	6.8%
Dividend Yield	0.9%	2.2%	3.4%	0.0%	2.2%	0.0%	1.5%
FCF Yield 3Y Avg	4.4%	5.9%	5.6%	4.5%	2.2%	-1.4%	4.5%
D/E	0.4	0.6	1.5	0.2	0.1	1.8	0.5
Net D/E	0.1	0.5	1.5	0.2	-0.0	1.7	0.3

Returns

	IMKTA	KR	ACI	SFM	WMK	GO	Median
Name	Ingles M.	Kroger	Albertso.	Sprouts .	Weis Mar.	Grocery .
1M Rtn	-7.6%	-4.9%	-4.0%	-1.6%	0.3%	-5.7%	-4.4%
3M Rtn	6.2%	-3.4%	-0.2%	-28.4%	-7.4%	-33.4%	-5.4%
6M Rtn	13.3%	-10.8%	-16.9%	-50.3%	-7.3%	-19.0%	-13.9%
12M Rtn	9.6%	3.8%	-9.3%	-39.4%	-1.9%	-34.9%	-5.6%
3Y Rtn	-26.4%	46.6%	-11.8%	136.4%	-17.1%	-65.5%	-14.5%
1M Excs Rtn	-9.0%	-5.5%	-5.0%	-3.1%	-1.0%	-3.8%	-4.4%
3M Excs Rtn	1.2%	-8.4%	-5.2%	-33.4%	-12.4%	-38.4%	-10.4%
6M Excs Rtn	0.4%	-23.7%	-29.8%	-63.2%	-20.2%	-31.9%	-26.7%
12M Excs Rtn	-8.6%	-13.1%	-25.7%	-56.4%	-19.7%	-55.6%	-22.7%
3Y Excs Rtn	-106.8%	-30.0%	-91.0%	59.0%	-96.4%	-146.4%	-93.7%

FDIC Bank Data

$ Mil \| FY: 9/27	LTM	2025	2024	2023	2022	2021	2020
Period End	9/27/2025	9/27/2025	9/28/2024	9/30/2023	9/24/2022	9/25/2021	9/26/2020
Filing Date	11/26/2025	11/26/2025	12/27/2024	11/29/2023	11/23/2022	11/24/2021	12/8/2020
Key Financials
Total Revenue	5,334	5,334	5,640	5,893	5,679	4,988	4,611
EBITDA	253	253	283	417	501	469	392
Operating Income	146	146	143	290	376	340	277
Net Income	84	84	106	211	273	250	179
EPS	4.49	4.50	5.68	11.35	14.69	13.06	9.06
Growth Rates
Total Revenue Growth	-5.4%	-5.4%	-4.3%	3.8%	13.9%	8.2%	9.7%
EBITDA Growth	-10.8%	-10.8%	-32.1%	-16.8%	6.7%	19.7%	47.0%
Operating Income Growth	2.1%	2.1%	-50.8%	-22.9%	10.4%	23.0%	86.6%
Net Income Growth	-20.8%	-20.8%	-49.9%	-22.7%	9.2%	39.8%	118.9%
Margins
EBITDA Margin	4.7%	4.7%	5.0%	7.1%	8.8%	9.4%	8.5%
Operating Income Margin	2.7%	2.7%	2.5%	4.9%	6.6%	6.8%	6.0%
Net Income Margin	1.6%	1.6%	1.9%	3.6%	4.8%	5.0%	3.9%
Cash & Debt
Total Cash	366	366	354	329	267	75	7
Total Debt	544	544	565	595	613	632	655
Net Debt / (Cash)	177	177	211	267	345	557	648
Cash Flows
Net Cash from Operations	154	154	263	266	339	306	350
Free Cash from Operations	40	40	52	93	220	166	227
Returns to Shareholders
Dividends	12	12	12	12	12	13	13
Share Repurchases	-0	-0	-0	-0	-0	80	-0

$ Mil \| FY: 9/27	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1
Period End	9/27/2025	6/28/2025	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/30/2023	6/24/2023	3/25/2023	12/24/2022
Filing Date	11/26/2025	8/7/2025	5/8/2025	2/6/2025	12/27/2024	8/8/2024	5/9/2024	2/8/2024	11/29/2023	8/3/2023	5/4/2023	2/2/2023
Key Financials Quarterly
Total Revenue	1,368	1,346	1,331	1,288	1,398	1,394	1,367	1,481	1,585	1,434	1,381	1,493
Ebitda	69	71	55	58	36	77	77	92	104	98	88	126
Operating Income	66	37	22	20	3	44	37	59	70	67	57	95
Net Income	26	26	15	17	-1	32	32	43	53	48	41	69
EPS	1.38	1.41	0.81	0.89	-0.08	1.71	1.72	2.33	2.83	2.60	2.18	3.73
Key Financials TTM
Total Revenue TTM	5,334	5,363	5,410	5,447	5,640	5,827	5,867	5,881	5,893	5,760	5,784	5,781
Ebitda TTM	253	220	226	249	283	350	371	382	417	441	467	506
Operating Income TTM	146	82	89	104	143	210	234	254	290	316	343	380
Net Income TTM	84	56	62	79	106	160	176	185	211	228	248	276
Growth Rates Quarterly
Total Revenue Growth	-2.1%	-3.4%	-2.6%	-13.0%	-11.8%	-2.8%	-1.0%	-0.8%	9.2%	-1.7%	0.3%	7.3%
EBITDA Growth	89.6%	-8.3%	-28.9%	-37.2%	-65.0%	-21.4%	-12.2%	-27.2%	-18.9%	-21.4%	-30.2%	4.1%
Operating Income Growth	2155.1%	-14.5%	-41.2%	-65.4%	-95.8%	-35.2%	-34.9%	-37.9%	-27.3%	-28.9%	-39.2%	5.0%
Net Income Growth	1845.2%	-17.4%	-52.6%	-61.8%	-102.8%	-34.3%	-21.3%	-37.4%	-25.0%	-28.8%	-40.9%	4.8%
Margins Quarterly
EBITDA Margin	5.0%	5.3%	4.1%	4.5%	2.6%	5.5%	5.7%	6.2%	6.5%	6.9%	6.4%	8.5%
Operating Income Margin	4.8%	2.8%	1.6%	1.6%	0.2%	3.1%	2.7%	4.0%	4.4%	4.7%	4.1%	6.4%
Net Income Margin	1.9%	1.9%	1.1%	1.3%	-0.1%	2.3%	2.3%	2.9%	3.3%	3.4%	2.9%	4.6%
Cash & Debt
Total Cash	366	336	297	270	354	355	302	275	329	281	250	256
Total Debt	544	548	553	558	565	576	582	590	595	596	599	608
Net Debt / (Cash)	177	212	256	289	211	221	280	315	267	316	349	352
Cash Flows Quarterly
FCF from Operations	60	75	63	-44	73	103	70	16	89	83	37	57
Cash Flows TTM
FCF from Operations TTM	154	167	196	203	263	279	258	225	266	255	278	302
Returns to Shareholders Quarterly
Dividends	3	3	3	3	3	3	3	3	3	3	3	3
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	111.2%	50.5%	25.5%	20.7%	2.7%	56.2%	38.1%	54.7%	76.7%	61.8%	47.7%	78.7%
Return on Invested Capital (ROIC) TTM
ROIC TTM	60.2%	28.8%	25.8%	26.4%	49.3%	68.4%	60.6%	59.0%	78.0%	72.6%	72.0%	78.5%

Segment Financials

Assets by Segment

$ Mil	2025	2024	2023	2022	2021
Retail grocery	2,199	2,160	2,043	1,794	1,712
Other	331	317	256	227	190
Elimination of intercompany receivable	-2	-4	-3	-3	-3
Total	2,528	2,474	2,296	2,018	1,899

Price Behavior

Price Behavior

Market Price	$71.13
Market Cap ($ Bil)	1.4
First Trading Date	03/26/1990
Distance from 52W High	-8.4%
	50 Days	200 Days
DMA Price	$73.17	$66.66
DMA Trend	up	up
Distance from DMA	-2.8%	6.7%
	3M	1YR
Volatility	26.4%	25.9%
Downside Capture	17.17	26.08
Upside Capture	41.16	31.24
Correlation (SPY)	19.9%	23.7%

IMKTA Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.34	0.48	0.47	0.64	0.32	0.38
Up Beta	-0.90	0.39	0.87	1.26	0.35	0.37
Down Beta	0.96	0.70	0.61	0.39	0.30	0.35
Up Capture	150%	77%	59%	69%	20%	9%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	12	22	33	67	126	366
Down Capture	2%	16%	2%	36%	38%	75%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	8	20	29	58	122	381

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

		Comparison of IMKTA With Other Asset Classes (Last 1Y)
	IMKTA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	7.1%	0.7%	19.2%	71.9%	8.9%	6.0%	-10.1%
Annualized Volatility	25.9%	13.9%	19.5%	19.3%	15.3%	17.1%	35.0%
Sharpe Ratio	0.23	-0.19	0.78	2.69	0.36	0.18	-0.12
Correlation With Other Assets		38.8%	23.0%	3.4%	0.8%	34.4%	11.2%

ETFs used for asset classes: Sector ETF = XLP, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of IMKTA With Other Asset Classes (Last 5Y)
	IMKTA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.3%	5.8%	14.9%	18.7%	11.7%	4.8%	32.7%
Annualized Volatility	26.4%	13.0%	17.1%	15.5%	18.7%	18.9%	48.7%
Sharpe Ratio	0.44	0.24	0.70	0.97	0.51	0.17	0.60
Correlation With Other Assets		40.2%	29.2%	2.9%	6.4%	30.2%	8.8%

Based On 10-Year Data

		Comparison of IMKTA With Other Asset Classes (Last 10Y)
	IMKTA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	6.0%	7.1%	14.7%	14.9%	6.9%	5.2%	69.3%
Annualized Volatility	33.4%	14.7%	18.0%	14.8%	17.6%	20.8%	55.8%
Sharpe Ratio	0.26	0.36	0.70	0.83	0.31	0.22	0.90
Correlation With Other Assets		33.9%	28.3%	-2.9%	7.6%	24.9%	10.4%

Short Interest

Short Interest: As Of Date	12152025
Short Interest: Shares Quantity	1,016,283
Short Interest: % Change Since 11302025	-1.9%
Average Daily Volume	118,721
Days-to-Cover Short Interest	8.56
Basic Shares Quantity	18,994,376
Short % of Basic Shares	5.4%

Returns Analyses

	Title
0	How Low Can Ingles Markets Stock Really Go?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/26/2025	0.4%	-1.1%
8/7/2025	-2.7%	2.3%	11.4%
5/8/2025	0.1%	1.2%	-0.1%
2/6/2025	-1.5%	-4.8%	-6.8%
10/29/2024	5.9%	9.4%	19.2%
8/8/2024	0.2%	-4.3%	-2.9%
5/9/2024	-2.1%	2.4%	-3.3%
2/8/2024	-0.3%	-7.2%	-7.6%
...
SUMMARY STATS
# Positive	14	12	11
# Negative	9	11	12
Median Positive	2.2%	5.9%	11.2%
Median Negative	-2.1%	-3.8%	-6.8%
Max Positive	11.7%	16.7%	21.7%
Max Negative	-6.8%	-11.5%	-9.3%

	Forward Returns
11/26/2025	0.4%	-1.1%
8/7/2025	-2.7%	2.3%	11.4%
5/8/2025	0.1%	1.2%	-0.1%
2/6/2025	-1.5%	-4.8%	-6.8%
10/29/2024	5.9%	9.4%	19.2%
8/8/2024	0.2%	-4.3%	-2.9%
5/9/2024	-2.1%	2.4%	-3.3%
2/8/2024	-0.3%	-7.2%	-7.6%
11/29/2023	0.9%	3.9%	7.2%
8/3/2023	-3.0%	-3.8%	-9.1%
5/4/2023	-6.8%	-11.5%	-8.6%
2/2/2023	-1.0%	-2.6%	-2.8%
11/23/2022	-0.2%	3.5%	-0.6%
8/4/2022	0.7%	-1.7%	-9.3%
5/5/2022	-4.3%	-3.0%	-6.8%
2/3/2022	3.9%	9.6%	21.7%
11/24/2021	1.2%	-3.8%	9.7%
8/5/2021	9.4%	16.0%	21.7%
5/5/2021	2.6%	-0.9%	2.1%
12/8/2020	11.7%	10.9%	15.1%
8/6/2020	1.9%	6.5%	0.4%
5/7/2020	5.9%	16.7%	11.2%
12/10/2019	3.8%	5.3%	3.8%
SUMMARY STATS
# Positive	14	12	11
# Negative	9	11	12
Median Positive	2.2%	5.9%	11.2%
Median Negative	-2.1%	-3.8%	-6.8%
Max Positive	11.7%	16.7%	21.7%
Max Negative	-6.8%	-11.5%	-9.3%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11262025	10-K 9/27/2025
6302025	8072025	10-Q 6/28/2025
3312025	5082025	10-Q 3/29/2025
12312024	2062025	10-Q 12/28/2024
9302024	12272024	10-K 9/28/2024
6302024	8082024	10-Q 6/29/2024
3312024	5092024	10-Q 3/30/2024
12312023	2082024	10-Q 12/30/2023
9302023	11292023	10-K 9/30/2023
6302023	8032023	10-Q 6/24/2023
3312023	5042023	10-Q 3/25/2023
12312022	2022023	10-Q 12/24/2022
9302022	11232022	10-K 9/24/2022
6302022	8042022	10-Q 6/25/2022
3312022	5052022	10-Q 3/26/2022
12312021	2032022	10-Q 12/25/2021

Insider Activity

Expand for Morenull

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Ingles Markets (IMKTA)

Market Price (12/26/2025): $70.86 | Market Cap: $1.3 BilSector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Ingles Markets (IMKTA)

Market Price (12/26/2025): $70.86Market Cap: $1.3 BilSector: Consumer StaplesIndustry: Consumer Staples Merchandise Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

IMKTA Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Ingles Markets (IMKTA)

Interactive Breakdown

Better Bets than Ingles Markets (IMKTA)

INDUSTRY: Consumer Staples Merchandise Retail

Higher Rev Chg 3Y Avg | Lower P/S (Values for IMKTA: -2.0% | 0.3x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IMKTA: -2.0% | 9.3x)

Higher Rev Chg LTM (Value for IMKTA: -5.4%)

Higher Rev Chg 3Y Avg (Value for IMKTA: -2.0%)

Higher Op Mgn LTM (Value for IMKTA: 2.7%)

Higher CFO/Rev LTM (Value for IMKTA: 2.9%)

Higher FCF/Rev LTM (Value for IMKTA: 0.7%)

Higher Total Yield (Value for IMKTA: 7.1%)

SECTOR: Consumer Staples

Higher Rev Chg 3Y Avg | Lower P/S (Values for IMKTA: -2.0% | 0.3x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IMKTA: -2.0% | 9.3x)

Higher Rev Chg LTM (Value for IMKTA: -5.4%)

Higher Rev Chg 3Y Avg (Value for IMKTA: -2.0%)

Higher Op Mgn LTM (Value for IMKTA: 2.7%)

Higher CFO/Rev LTM (Value for IMKTA: 2.9%)

Higher FCF/Rev LTM (Value for IMKTA: 0.7%)

Higher Total Yield (Value for IMKTA: 7.1%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for IMKTA: -2.0% | 0.3x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for IMKTA: -2.0% | 9.3x)

Higher Rev Chg LTM (Value for IMKTA: -5.4%)

Higher Rev Chg 3Y Avg (Value for IMKTA: -2.0%)

Higher Op Mgn LTM (Value for IMKTA: 2.7%)

Higher CFO/Rev LTM (Value for IMKTA: 2.9%)

Higher FCF/Rev LTM (Value for IMKTA: 0.7%)

Higher Total Yield (Value for IMKTA: 7.1%)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Ingles Markets

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Market Price (12/26/2025): $70.86 | Market Cap: $1.3 Bil
Sector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Market Price (12/26/2025): $70.86
Market Cap: $1.3 Bil
Sector: Consumer Staples
Industry: Consumer Staples Merchandise Retail