The Marzetti Company (MZTI)

Nasdaq Consumer Staples Packaged Foods & Meats S&P MidCap 400

$104.93

-3.57 (-3.29%)

Close of Nov 06, 2026 · end-of-day data

Source: The Marzetti Company's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$1.20B	$1.22B	$1.31B	$1.33B	$1.47B	$1.68B	$1.82B	$1.87B	$1.91B	$1.93B
Cost of revenue	$883.06M	$919.42M	$981.59M	$976.35M	$1.08B	$1.32B	$1.43B	$1.44B	$1.45B	$1.45B
Gross profit	$318.78M	$303.51M	$326.20M	$358.04M	$386.72M	$355.72M	$388.57M	$432.30M	$455.65M	$477.29M
Selling, general & admin	$125.64M	$129.91M	$149.81M	$180.94M	$205.36M	$212.10M	$222.09M	$218.06M	$230.23M	$254.60M
Operating income	$174.35M	$171.55M	$190.92M	$175.95M	$185.85M	$111.91M	$141.51M	$199.36M	$220.32M	$238.71M
Interest expense	—	—	—	—	—	—	—	$0	$0	$1.76M
Pre-tax income	$175.52M	$174.20M	$195.54M	$179.08M	$185.75M	$112.39M	$143.30M	$205.51M	$213.46M	$241.97M
Income tax	$60.20M	$38.89M	$44.99M	$42.09M	$43.41M	$22.80M	$32.01M	$46.90M	$46.12M	$50.36M
Net income	$115.31M	$135.31M	$150.55M	$136.98M	$142.33M	$89.59M	$111.29M	$158.61M	$167.35M	$191.61M
EBITDA	$199.26M	$198.44M	$222.77M	$213.91M	$230.36M	$157.79M	$192.72M	$255.26M	$282.49M	$310.16M
EPS (basic)	$4.21	$4.93	$5.48	$4.98	$5.17	$3.26	$4.04	$5.77	$6.08	$6.98
EPS (diluted)	$4.20	$4.92	$5.46	$4.97	$5.16	$3.25	$4.04	$5.76	$6.07	$6.98
Diluted shares	27.44M	27.46M	27.54M	27.50M	27.52M	27.47M	27.48M	27.46M	27.49M	27.41M
Gross margin	26.5%	24.8%	24.9%	26.8%	26.4%	21.2%	21.3%	23.1%	23.9%	24.7%
Operating margin	14.5%	14.0%	14.6%	13.2%	12.7%	6.7%	7.8%	10.7%	11.5%	12.4%
Net margin	9.6%	11.1%	11.5%	10.3%	9.7%	5.3%	6.1%	8.5%	8.8%	9.9%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$143.10M	$205.75M	$196.29M	$198.27M	$188.06M	$60.28M	$88.47M	$163.44M	$161.48M	$25.10M
Receivables	$69.92M	$72.96M	$75.69M	$86.60M	$97.90M	$135.50M	$114.97M	$95.56M	$95.82M	$105.49M
Inventory	$76.38M	$90.86M	$86.07M	$85.05M	$121.88M	$144.70M	$158.26M	$173.25M	$169.30M	$205.06M
Total current assets	$301.15M	$378.88M	$368.57M	$385.61M	$423.48M	$351.78M	$374.46M	$443.99M	$443.63M	$360.96M
Goodwill	$168.03M	$168.03M	$208.37M	$208.37M	$208.37M	$208.37M	$208.37M	$208.37M	$222.77M	$500.47M
Total assets	$716.40M	$804.49M	$905.40M	$993.35M	$1.10B	$1.09B	$1.11B	$1.21B	$1.27B	$1.61B
Total current liabilities	$76.62M	$93.77M	$119.71M	$126.26M	$173.92M	$165.59M	$168.75M	$183.97M	$186.29M	$231.54M
Short-term debt	—	—	—	—	—	—	—	—	$0	$10.00M
Long-term debt	—	—	—	—	—	—	—	—	$0	$189.28M
Total debt	—	—	—	—	—	—	—	—	$0	$199.28M
Total liabilities	$140.43M	$152.21M	$178.53M	$210.05M	$258.14M	$245.69M	$250.73M	$281.16M	$276.23M	$551.87M
Shareholders' equity	$575.98M	$652.28M	$726.87M	$783.30M	$843.15M	$844.69M	$862.27M	$925.77M	$998.50M	$1.05B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$146.38M	$160.71M	$197.60M	$170.77M	$174.19M	$101.81M	$225.90M	$251.55M	$261.50M	$283.82M
Capital expenditures	$27.00M	$31.02M	$70.88M	$82.64M	$87.86M	$131.97M	$90.18M	$67.58M	$58.00M	$77.68M
Free cash flow	$119.38M	$129.69M	$126.72M	$88.13M	$86.32M	-$30.16M	$135.72M	$183.98M	$203.50M	$206.14M
Investing cash flow	-$60.61M	-$31.45M	-$126.86M	-$83.27M	-$88.98M	-$132.24M	-$90.78M	-$67.43M	-$148.21M	-$470.04M
Financing cash flow	-$60.75M	-$66.61M	-$80.20M	-$85.52M	-$95.43M	-$97.34M	-$106.93M	-$109.15M	-$115.26M	$49.84M
Dividends paid	$58.98M	$64.53M	$70.11M	$75.64M	$81.23M	$86.76M	$92.37M	$97.93M	$103.50M	$108.76M
Share buybacks	$866.00K	$1.10M	$7.41M	$5.46M	$8.53M	$7.56M	$9.20M	$7.64M	$7.99M	$36.27M
Stock-based compensation	$4.25M	$5.04M	$5.97M	$6.12M	$7.13M	$9.56M	$9.08M	$11.36M	$8.98M	$10.17M
Depreciation & amortization	$24.91M	$26.90M	$31.85M	$37.96M	$44.51M	$45.88M	$51.21M	$55.90M	$62.17M	$71.45M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$485.92M	$471.45M	$452.82M	$466.56M	$509.30M	$457.84M	$475.43M	$493.47M	$517.95M	$453.37M	$465.03M	$481.52M
Cost of revenue	$364.45M	$366.95M	$355.21M	$355.73M	$376.53M	$351.87M	$369.33M	$374.65M	$380.69M	$346.15M	$351.04M	$370.75M
Gross profit	$121.47M	$104.49M	$97.62M	$110.82M	$132.77M	$105.96M	$106.09M	$118.82M	$137.26M	$107.22M	$113.99M	$110.77M
Selling, general & admin	$55.71M	$57.21M	$53.19M	$54.96M	$57.11M	$56.09M	$62.08M	$58.42M	$60.41M	$61.44M	$74.34M	$69.33M
Operating income	$65.75M	$35.15M	$41.69M	$55.86M	$75.66M	$49.88M	$38.91M	$59.26M	$75.18M	$46.58M	$57.69M	$41.44M
Interest expense	—	—	—	—	—	—	—	$0	—	—	—	$2.80M
Pre-tax income	$67.18M	$36.89M	$43.81M	$57.88M	$63.23M	$51.84M	$40.51M	$60.79M	$76.34M	$48.32M	$56.52M	$38.78M
Income tax	$15.70M	$8.54M	$8.98M	$13.18M	$14.24M	$10.71M	$7.98M	$13.61M	$17.26M	$11.26M	$8.23M	$9.48M
Net income	$51.48M	$28.35M	$34.83M	$44.70M	$48.99M	$41.12M	$32.53M	$47.18M	$59.08M	$37.05M	$48.29M	$29.30M
EBITDA	$79.69M	$49.52M	$55.69M	$70.22M	$90.71M	$65.53M	$56.03M	$75.97M	$92.72M	$64.12M	$77.35M	$61.91M
EPS (basic)	$1.87	$1.03	$1.27	$1.62	$1.78	$1.49	$1.19	$1.71	$2.15	$1.35	$1.76	$1.08
EPS (diluted)	$1.87	$1.03	$1.26	$1.62	$1.78	$1.49	$1.18	$1.71	$2.15	$1.35	$1.77	$1.07
Diluted shares	27.44M	27.45M	6.00K	27.48M	27.50M	27.50M	-1.00K	27.49M	27.41M	27.38M	-23.00K	27.27M
Gross margin	25.0%	22.2%	21.6%	23.8%	26.1%	23.1%	22.3%	24.1%	26.5%	23.6%	24.5%	23.0%
Operating margin	13.5%	7.5%	9.2%	12.0%	14.9%	10.9%	8.2%	12.0%	14.5%	10.3%	12.4%	8.6%
Net margin	10.6%	6.0%	7.7%	9.6%	9.6%	9.0%	6.8%	9.6%	11.4%	8.2%	10.4%	6.1%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$133.85M	$164.76M	$163.44M	$135.06M	$203.07M	$124.56M	$161.48M	$182.15M	$201.58M	$218.45M	$25.10M	$17.52M
Receivables	$100.19M	$102.64M	$95.56M	$101.50M	$99.15M	$106.86M	$95.82M	$101.80M	$103.79M	$98.31M	$105.49M	$110.37M
Inventory	$158.19M	$161.09M	$173.25M	$193.66M	$167.17M	$191.15M	$169.30M	$174.03M	$162.58M	$175.26M	$205.06M	$215.79M
Total current assets	$405.40M	$440.73M	$443.99M	$452.59M	$480.97M	$439.65M	$443.63M	$499.33M	$491.41M	$513.93M	$360.96M	$380.43M
Goodwill	$208.37M	$208.37M	$208.37M	$208.37M	$208.37M	$223.47M	$222.77M	$222.77M	$222.77M	$222.77M	$500.47M	$500.47M
Total assets	$1.15B	$1.17B	$1.21B	$1.22B	$1.24B	$1.28B	$1.27B	$1.34B	$1.33B	$1.36B	$1.61B	$1.62B
Total current liabilities	$163.38M	$189.79M	$183.97M	$173.18M	$167.25M	$186.38M	$186.29M	$201.47M	$180.66M	$198.85M	$231.54M	$247.93M
Short-term debt	—	—	—	—	—	—	$0	—	—	—	$10.00M	$10.00M
Long-term debt	—	—	—	—	—	—	$0	—	—	$0	$189.28M	$186.81M
Total debt	—	—	—	—	—	—	$0	—	—	$0	$199.28M	$196.81M
Total liabilities	$240.60M	$259.16M	$281.16M	$271.16M	$259.99M	$280.36M	$276.23M	$319.69M	$296.03M	$311.26M	$551.87M	$572.50M
Shareholders' equity	$908.33M	$912.85M	$925.77M	$945.05M	$979.87M	$996.25M	$998.50M	$1.02B	$1.03B	$1.04B	$1.05B	$1.05B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$105.91M	$75.93M	$34.10M	$19.89M	$107.62M	$45.81M	$88.18M	$69.51M	$88.62M	$70.53M	$55.16M	$50.95M
Capital expenditures	$18.80M	$14.87M	$15.57M	$17.64M	$11.03M	$15.05M	$14.29M	$15.63M	$17.67M	$21.27M	$23.11M	$17.83M
Free cash flow	$87.10M	$61.06M	$18.53M	$2.26M	$96.59M	$30.75M	$73.89M	$53.88M	$70.94M	$49.26M	$32.05M	$33.12M
Investing cash flow	-$20.47M	-$17.14M	-$10.07M	-$19.92M	-$12.79M	-$97.55M	-$17.95M	-$18.81M	-$21.00M	-$24.71M	-$405.52M	-$21.85M
Financing cash flow	-$25.33M	-$27.88M	-$25.34M	-$28.36M	-$26.81M	-$26.77M	-$33.31M	-$30.02M	-$48.19M	-$28.96M	$157.01M	-$36.68M
Dividends paid	$24.81M	$24.86M	$24.82M	$24.87M	$26.26M	$26.18M	$26.20M	$26.32M	$27.59M	$27.48M	$27.37M	$27.42M
Share buybacks	$42.00K	$929.00K	$24.00K	$1.44M	$3.00K	$76.00K	$6.47M	$1.14M	$20.05M	$16.00K	$15.06M	$5.83M
Stock-based compensation	$2.85M	$3.50M	$2.44M	$2.37M	$2.55M	$1.56M	$2.50M	$2.65M	$2.64M	$2.43M	$2.46M	$2.85M
Depreciation & amortization	$13.93M	$14.37M	$14.00M	$14.36M	$15.05M	$15.65M	$17.11M	$16.71M	$17.54M	$17.54M	$19.66M	$20.47M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.