MZTI
The Marzetti Company
NASDAQ: MZTI · CONSUMER DEFENSIVE · PACKAGED FOODS
$128.50
+1.24% today
Updated 2026-04-29
Market cap
$3.53B
P/E ratio
19.68
P/S ratio
1.82x
EPS (TTM)
$6.53
Dividend yield
3.03%
52W range
$124 – $188
Volume
0.3M
The Marzetti Company (MZTI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.09B | $980.91M | $1.05B | $1.06B | $1.09B | $1.13B | $1.17B | $1.04B | $1.10B | $1.19B | $1.20B | $1.22B | $1.31B | $1.33B | $1.47B | $1.68B | $1.82B | $1.87B | $1.91B |
| Revenue growth (YoY) | — | -7.2% | -10.1% | +7.2% | +0.5% | +3.2% | +3.8% | +3.1% | -10.7% | +6.1% | +7.8% | +0.9% | +1.8% | +6.9% | +2.0% | +9.9% | +14.3% | +8.7% | +2.7% | +2.0% |
| Cost of revenue | $868.12M | $897.60M | $823.57M | $836.00M | $786.28M | $847.52M | $765.51M | $769.10M | $792.51M | $846.82M | $891.48M | $883.06M | $919.42M | $981.59M | $976.35M | $1.08B | $1.32B | $1.43B | $1.44B | $1.45B |
| Gross profit | $205.46M | $193.56M | $157.34M | $215.49M | $270.33M | $242.43M | $223.43M | $244.71M | $248.57M | $257.69M | $299.63M | $318.78M | $303.51M | $326.20M | $358.04M | $386.72M | $355.72M | $388.57M | $432.30M | $455.65M |
| Gross margin | 17.5% | 17.7% | 16.0% | 20.5% | 25.6% | 22.2% | 19.7% | 21.0% | 23.9% | 23.3% | 25.2% | 26.5% | 24.8% | 24.9% | 26.8% | 26.4% | 21.2% | 21.3% | 23.1% | 23.9% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | — | — | — | — | $94.80M | $102.83M | $115.06M | $143.27M | $131.41M | $149.81M | — | $205.36M | $212.10M | $222.09M | $218.06M | $230.23M |
| Operating income | $115.41M | $100.45M | $75.34M | $129.65M | $174.20M | $147.00M | $141.18M | $153.92M | $153.77M | $154.86M | $184.57M | $174.35M | $171.55M | $190.92M | $175.95M | $185.85M | $111.91M | $141.51M | $199.36M | $220.32M |
| Operating margin | 9.8% | 9.2% | 7.7% | 12.3% | 16.5% | 13.5% | 12.5% | 13.2% | 14.8% | 14.0% | 15.5% | 14.5% | 14.0% | 14.6% | 13.2% | 12.7% | 6.7% | 7.8% | 10.7% | 11.5% |
| EBITDA | $145.06M | $131.35M | $100.73M | $160.09M | $195.67M | $165.94M | $161.45M | $174.04M | $174.17M | $175.97M | $208.72M | $200.42M | $200.50M | $208.24M | $215.05M | $225.87M | $189.50M | $217.69M | $270.13M | $287.59M |
| EBITDA margin | 12.3% | 12.0% | 10.3% | 15.2% | 18.5% | 15.2% | 14.3% | 14.9% | 16.7% | 15.9% | 17.5% | 16.7% | 16.4% | 15.9% | 16.1% | 15.4% | 11.3% | 11.9% | 14.4% | 15.1% |
| EBIT | $115.41M | $102.58M | $76.59M | $138.22M | $175.14M | $147.00M | $141.18M | $153.92M | $153.77M | $154.86M | $184.57M | $175.51M | $173.60M | $176.39M | $177.09M | $181.36M | $143.62M | $166.48M | $214.24M | $225.42M |
| Interest expense | — | — | — | $1.22M | — | — | — | $105000.00 | $488000.00 | $309000.00 | — | — | — | — | — | — | — | — | — | — |
| Income tax | $46.25M | $37.32M | $27.23M | $47.92M | $60.17M | $55.14M | $48.87M | $49.96M | $52.29M | $52.87M | $62.87M | $60.20M | $38.89M | $44.99M | $42.09M | $43.41M | $22.80M | $32.01M | $46.90M | $46.12M |
| Effective tax rate | 35.8% | 45.0% | 42.0% | 35.0% | 34.4% | 34.1% | 33.8% | 31.4% | 41.1% | 34.2% | 34.1% | 34.3% | 22.3% | 23.0% | 23.5% | 23.4% | 20.3% | 22.3% | 22.8% | 21.6% |
| Net income | $82.95M | $45.68M | $37.62M | $89.09M | $114.97M | $106.36M | $95.81M | $109.25M | $74.99M | $101.69M | $121.76M | $115.31M | $135.31M | $150.55M | $136.98M | $142.33M | $89.59M | $111.29M | $158.61M | $167.35M |
| Net income growth (YoY) | — | -44.9% | -17.7% | +136.8% | +29.1% | -7.5% | -9.9% | +14.0% | -31.4% | +35.6% | +19.7% | -5.3% | +17.3% | +11.3% | -9.0% | +3.9% | -37.1% | +24.2% | +42.5% | +5.5% |
| Profit margin | 7.1% | 4.2% | 3.8% | 8.5% | 10.9% | 9.8% | 8.5% | 9.4% | 7.2% | 9.2% | 10.2% | 9.6% | 11.1% | 11.5% | 10.3% | 9.7% | 5.3% | 6.1% | 8.5% | 8.8% |