OverviewSuggest Edit

Ingles Markets, Inc. operates a chain of supermarkets in the Southeast United States. The Company's supermarkets offer customers a wide variety of nationally advertised food products, including grocery, meat, produce, deli and bakery as well as pharmacies, health and beauty care products, and general merchandise. As an adjunct to its supermarket business, Ingles owns and operates shopping centers, gas stations and a milk processing and packaging plant.
TypePublic
Founded1963
HQBlack Mountain, US
Websiteingles-markets.com
Employee Ratings3

Latest Updates

Employees (est.) (Sep 2018)9,880(+4%)
Job Openings2,871
Revenue (FY, 2018)$4.1 B(+3%)
Share Price (Nov 2019)$44

Ingles Markets Office Locations

Ingles Markets has an office in Black Mountain
Black Mountain, US (HQ)
2913 Old US Hwy 70 W
Show all (1)

Ingles Markets Financials and Metrics

Ingles Markets Revenue

Ingles Markets's revenue was reported to be $4.09 b in FY, 2018
USD

Revenue (Q3, 2019)

1.1b

Gross profit (Q3, 2019)

258.9m

Gross profit margin (Q3, 2019), %

24.4%

Net income (Q3, 2019)

23.5m

EBIT (Q3, 2019)

43.4m

Market capitalization (15-Nov-2019)

623.6m

Closing stock price (15-Nov-2019)

44.0

Cash (29-Jun-2019)

18.6m

EV

1.5b
Ingles Markets's current market capitalization is $623.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.6b3.7b3.7b3.8b3.8b3.8b4.0b4.1b

Revenue growth, %

3%(1%)0%

Cost of goods sold

2.8b2.9b2.9b3.0b2.9b2.9b3.0b3.1b

Gross profit

791.9m819.3m827.8m845.2m893.3m924.4m963.6m980.2m
Annual
usdY, 2009Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

59.5m57.9m12.4m12.4m4.7m4.7m16.8m16.8m8.6m8.6m7.5m7.5m5.7m23.9m10.5m

Accounts Receivable

56.8m61.5m59.9m61.0m66.3m66.3m70.1m

Prepaid Expenses

16.9m30.4m28.1m14.8m19.9m6.3m44.0m

Inventories

303.2m329.6m329.7m329.7m329.5m329.5m338.6m338.6m343.9m349.3m372.2m
USDY, 2019

EV/EBIT

33.7 x

EV/CFO

10.1 x

Debt/Equity

1.3 x

Debt/Assets

0.5 x

Financial Leverage

2.8 x
Show all financial metrics

Ingles Markets Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Fuel Centers

83 84 85 85 88 88 89 93 93 95 96 97

Locations

49 46 49

Pharmacy Stores

96 97 97 97 97 97 98 99 99 101 101 103

Warehouse Space, sq. ft

1.65 m1.65 m1.65 m
Show all operating metrics

Ingles Markets Revenue Breakdown

Embed Graph

Ingles Markets revenue breakdown by business segment: 96.4% from Retail Grocery Sales and 3.6% from Other

Ingles Markets Online and Social Media Presence

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Ingles Markets News and Updates

Ingles Markets Frequently Asked Questions

  • When was Ingles Markets founded?

    Ingles Markets was founded in 1963.

  • How many employees does Ingles Markets have?

    Ingles Markets has 9,880 employees.

  • What is Ingles Markets revenue?

    Latest Ingles Markets annual revenue is $4.1 b.

  • What is Ingles Markets revenue per employee?

    Latest Ingles Markets revenue per employee is $414.3 k.

  • Who are Ingles Markets competitors?

    Competitors of Ingles Markets include Ahold Delhaize, Asda and Village Super Market.

  • Where is Ingles Markets headquarters?

    Ingles Markets headquarters is located at 2913 Old US Hwy 70 W, Black Mountain.

  • Where are Ingles Markets offices?

    Ingles Markets has an office in Black Mountain.

  • How many offices does Ingles Markets have?

    Ingles Markets has 1 office.