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Stock research / United States / MZTI · Canned, Frozen & Preservd Fruit, Veg & Food Specialties · Nasdaq

Marzetti Co. (MZTI)

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Marzetti Co. (MZTI) reported revenue of $465 million for Q4 FY2026, the quarter ended 30 June 2026, down 2.2% on the same quarter a year earlier. Net income was $48 million, up 48.5% on the year, and diluted earnings per share $1.76. The figures are the company's own, from the 10-K it filed with the SEC on 25 August 2026.

Revenue$465 milliondown 2.2%
Net income$48 millionup 48.5%
Diluted EPS$1.76
QuarterQ4 FY2026ended 30 June 2026

Marzetti (MZTI) in brief

Marzetti (MZTI) reported revenue of $1.9 billion for fiscal 2026, the year ended 30 June 2026, up 1.1% on the year before.
Read moreNet income was $192 million and diluted earnings per share $6.98. Revenue was $1.9 billion in fiscal 2025, $1.9 billion in fiscal 2024, $1.8 billion in fiscal 2023 and $1.7 billion in fiscal 2022. Net income in the same years was $167 million, $159 million, $111 million and $90 million. Revenue grew 5.6% a year, compounded, over the five years to fiscal 2026. Marzetti declared $3.95 a share in dividends over the last four quarters and had 27 million shares outstanding at the latest filed count. At 30 June 2026 it carried $199 million of debt and $25 million of cash. At the close of 7 October 2026 the market cap of Marzetti was $2.7 billion, 14.4 times its earnings over the last twelve months.

Ratios

From the filings

ROE18.2%
ROCE19.1%
Operating margin12.4%
Net margin9.9%
FCF margin10.7%
Interest covern/a
Debt to equity0.19
Cash conversion1.48
Share count, 1 year-0.9%
Sales CAGR, 3 years1.9%
Profit CAGR, 3 years19.9%
EPS, TTM$6.97

At the close of 7 October 2026

Price$100.43
Market cap$2.7 billion
Stock P/E14.41
Price to book2.60
EV / EBITDA9.40
Dividend yield3.9%
Market cap / sales1.42
52-week high$174.10
52-week low$99.19
Price, 1 year-39.0%
Price CAGR, 3 years-16.4%
Price CAGR, 5 years-10.3%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from CBOE. Debt to equity here stands on long-term debt as Marzetti Co. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
MZTIgreeksoup.ai
Daily closes to 7 October 2026, adjusted for splits; prices from CBOE.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MZTI

Filings16 in twelve months: 9 current reports (8-K), about 5 other events; 4 results of operations; 2 new financial obligation; 2 officer or director change; 1 material agreement
Planned insider sales2 Form 144 notices in twelve months, $233,980; latest 10 September 2026
Options tapeput/call 0.66 by open interest at the 8 October 2026 close; the straddle prices a 5.2% move to 16 October 2026
13F holders7 of the followed funds hold it; largest Geode Capital Management; 2 Schedule 13D or 13G filings in twelve months
Insider trading2 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.5 million shares short, 5.90 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue462486471453467509458475493518453465
Cost of revenue353364367355356377352369375381346351
Gross profit10912110497.6111133106106119137107114
Gross margin24%25%22%22%24%26%23%22%24%27%24%25%
SG&A51.955.757.253.255.057.156.162.158.460.461.474.3
Operating income56.865.835.141.755.975.749.938.959.375.246.657.7
Operating margin12%14%7%9%12%15%11%8%12%15%10%12%
Pre-tax income57.667.236.943.857.963.251.840.560.876.348.356.5
Tax rate24%23%23%21%23%23%21%20%22%23%23%15%
Net income44.051.528.434.844.749.041.132.547.259.137.148.3
Net margin10%11%6%8%10%10%9%7%10%11%8%10%
Diluted EPS$1.59$1.87$1.03$1.26$1.62$1.78$1.49$1.18$1.71$2.15$1.35$1.76
Operating cash flow35.610675.934.119.910845.888.269.588.670.555.2
Capital expenditure18.318.814.915.617.611.015.114.315.617.721.323.1
Free cash flow17.387.161.118.52.396.630.873.953.970.949.332.1
Buybacks6.70.00.90.01.40.00.16.51.120.10.015.1
Dividends paid23.424.824.924.824.926.326.226.226.327.627.527.4
Shares outstanding28m28m28m28m28m28m28m28m28m27m27m27m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Revenue1,1051,1911,2021,2231,3081,3341,4671,6761,8231,8721,9091,9301,930
Cost of revenue8478918839199829761,0801,3211,4341,4391,4531,4531,453
Gross profit258300319304326358387356389432456477477
Gross margin23.3%25.2%26.5%24.8%24.9%26.8%26.4%21.2%21.3%23.1%23.9%24.7%24.7%
Selling, general and administrative103115126130150181205212222218230255255
Operating income155185174172191176186112142199220239239
Operating margin14.0%15.5%14.5%14.0%14.6%13.2%12.7%6.7%7.8%10.7%11.5%12.4%12.4%
Interest expensen/an/an/an/an/an/an/an/an/a0.00.01.8n/a
Pre-tax income155185176174196179186112143206213242242
Income tax52.962.960.238.945.042.143.422.832.046.946.150.450.4
Effective tax rate34.2%34.1%34.3%22.3%23.0%23.5%23.4%20.3%22.3%22.8%21.6%20.8%20.8%
Net income10212211513515113714289.6111159167192192
Net margin9.2%10.2%9.6%11.1%11.5%10.3%9.7%5.3%6.1%8.5%8.8%9.9%9.9%
Diluted EPS$3.72$4.44$4.20$4.92$5.46$4.97$5.16$3.25$4.04$5.76$6.07$6.98$6.97
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2024FY2025FY2026Share
latest year
Retail9881,0031,00352.0%
Foodservice88390692748.0%
RetailFoodservice
1,872FY20241,909FY20251,930FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Operating cash flow133146146161198171174102226252261284284
Capital expenditure18.316.727.031.070.982.687.913290.267.658.077.777.7
Free cash flow11412911913012788.186.3-30.2136184203206206
Free cash flow margin10.4%10.8%9.9%10.6%9.7%6.6%5.9%-1.8%7.4%9.8%10.7%10.7%10.7%
Cash from investing-112-17.4-60.6-31.5-127-83.3-89.0-132-90.8-67.4-148-470-470
Cash from financing-49.8-193-60.8-66.6-80.2-85.5-95.4-97.3-107-109-11549.849.8
Depreciation and amortisation21.124.124.926.931.838.044.545.951.255.962.271.471.4
Share-based compensation3.03.34.25.06.06.17.19.69.111.49.010.210.2
Buybacks0.60.20.91.17.45.58.57.69.27.68.036.336.3
Dividends paid49.819159.064.570.175.681.286.892.497.9104109109
Dividend per share$1.82$6.96$2.15$2.35$2.55$2.75$2.95$3.15$3.35$3.55$3.75$3.95n/a
Diluted shares, weighted27m27m27m27m28m27m28m27m27m27m27m27m27m
Shares outstanding at period end27m27m27m27m27m28m28m28m28m28m28m27m27m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2015 †FY2016 †FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Funded by
Shareholders' equity5815145766527277838438458629269981,0531,053
Debtn/an/an/an/an/an/an/an/a0.00.00.0199199
Operating lease liabilitiesn/an/an/an/a0.017.917.220.517.044.642.735.035.0
Finance lease liabilitiesn/an/an/an/an/a1.66.74.32.30.81.18.28.2
Other liabilities121121140152179191234221232236232309309
Total liabilities and equity7026357168049059931,1011,0901,1131,2071,2751,6051,605
Owned
Fixed assets172170181191247293365451482478535552552
Goodwill144144168168208208208208208208223500500
Intangible assets47.844.960.256.270.365.258.832.34.80.00.0125125
Cash and equivalents18211814320619619818860.388.516316125.125.1
Receivables62.466.069.973.075.786.697.913511595.695.8105105
Inventory77.976.176.490.986.185.0122145158173169205205
Other assets15.716.318.119.921.756.661.757.855.988.690.892.092.0
Total assets7026357168049059931,1011,0901,1131,2071,2751,6051,605
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded4.9%5.6%1.9%1.1%
Profit growth, compounded4.6%6.1%19.9%14.5%
Return on equity, average17.1%15.1%17.4%18.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Food Products

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Kraft Heinz Co. KHC$26.7 billionn/a-9.4%-12.8%-1.6%0.497.1%
Bunge Global SA BG$20.9 billion20.946.3%n/a80.5%0.956.6%
Tyson Foods, Inc. TSN$18.6 billion32.313.2%2.3%2.9%0.36n/a
General Mills Inc. GIS$17.4 billionn/a-12.0%-1.1%-4.5%1.667.5%
J.M. Smucker Co. SJM$12.8 billion55.804.0%9.0%5.1%1.143.7%
Mccormick & Co. Inc. MKC$12.4 billion8.3121.3%13.4%13.2%0.534.0%
Hormel Foods Corp. HRL$10.7 billion30.834.4%4.7%0.7%0.306.0%
Darling Ingredients Inc. DAR$9.8 billion16.7811.4%14.5%14.9%0.73n/a
Pilgrims Pride Corp. PPC$6.8 billion12.3914.6%5.0%1.4%0.76n/a
Ingredion Inc. INGR$6.0 billion10.3713.1%11.9%-1.4%0.393.4%
Post Holdings, Inc. POST$3.3 billion13.659.5%9.6%6.2%2.484.0%
Marzetti Co. MZTI$2.7 billion14.4118.2%12.4%1.1%0.193.9%
All 15 in Food Products
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Mondelez International, Inc. MDLZ$77.9 billion22.3113.2%11.2%6.9%0.623.2%
Archer-Daniels-Midland Co. ADM$39.7 billion22.597.5%n/a-0.8%0.272.5%
Hershey Co. HSY$33.0 billion22.2032.6%17.8%7.7%1.14n/a
Kraft Heinz Co. KHC$26.7 billionn/a-9.4%-12.8%-1.6%0.497.1%
Bunge Global SA BG$20.9 billion20.946.3%n/a80.5%0.956.6%
Tyson Foods, Inc. TSN$18.6 billion32.313.2%2.3%2.9%0.36n/a
General Mills Inc. GIS$17.4 billionn/a-12.0%-1.1%-4.5%1.667.5%
J.M. Smucker Co. SJM$12.8 billion55.804.0%9.0%5.1%1.143.7%
Mccormick & Co. Inc. MKC$12.4 billion8.3121.3%13.4%13.2%0.534.0%
Hormel Foods Corp. HRL$10.7 billion30.834.4%4.7%0.7%0.306.0%
Darling Ingredients Inc. DAR$9.8 billion16.7811.4%14.5%14.9%0.73n/a
Pilgrims Pride Corp. PPC$6.8 billion12.3914.6%5.0%1.4%0.76n/a
Ingredion Inc. INGR$6.0 billion10.3713.1%11.9%-1.4%0.393.4%
Post Holdings, Inc. POST$3.3 billion13.659.5%9.6%6.2%2.484.0%
Marzetti Co. MZTI$2.7 billion14.4118.2%12.4%1.1%0.193.9%
1 company shares its SEC industry code (Canned, Frozen & Preservd Fruit, Veg & Food Specialties); the rest are the names nearest in size in its wider industry, Food Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-K30 June 202625 August 2026EDGAR
10-Q31 March 20264 May 2026EDGAR
10-Q31 December 20253 February 2026EDGAR
10-Q30 September 20254 November 2025EDGAR
10-K30 June 202521 August 2025EDGAR
10-Q31 March 202530 April 2025EDGAR
10-Q31 December 20244 February 2025EDGAR
10-Q30 September 202431 October 2024EDGAR
10-K30 June 202422 August 2024EDGAR
10-Q31 March 20242 May 2024EDGAR

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