Marzetti (MZTI) FY2025 results: revenue $1.9 billion, up 2.0% on the year
Marzetti Co. (MZTI) reported revenue of $1.9 billion for fiscal 2025, the year ended 30 June 2025, up 2.0% on the year before. Net income was $167 million, up 5.5%, and diluted earnings per share $6.07. The figures are the company's own, from the 10-K it filed with the SEC on 21 August 2025.
Revenue
$1.9 billion
+2.0% on the year
FY2018FY2025
Operating margin
11.5%
10.7% a year earlier
FY2018FY2025
Net income
$167 million
+5.5% on the year
FY2018FY2025
Diluted EPS
$6.07
+5.4% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. 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.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
261
252
226
+4.0%
Capital expenditure
58.0
67.6
90.2
-14.2%
Free cash flow
203
184
136
+10.6%
Free cash flow margin
10.7%
9.8%
7.4%
Cash from investing
-148
-67.4
-90.8
Cash from financing
-115
-109
-107
Depreciation and amortisation
62.2
55.9
51.2
+11.2%
Share-based compensation
9.0
11.4
9.1
-21.0%
Buybacks
8.0
7.6
9.2
+4.6%
Dividends paid
104
97.9
92.4
+5.7%
Dividend per share
$3.75
$3.55
$3.35
+5.6%
Diluted shares, weighted
27m
27m
27m
+0.1%
Shares outstanding at period end
28m
28m
28m
+0.0%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
998
926
862
+7.9%
Debt
0.0
0.0
0.0
Operating lease liabilities
42.7
44.6
17.0
-4.1%
Finance lease liabilities
1.1
0.8
2.3
+42.6%
Other liabilities
232
236
232
-1.5%
Total liabilities and equity
1,275
1,207
1,113
+5.6%
Fixed assets
535
478
482
+11.9%
Goodwill
223
208
208
+6.9%
Intangible assets
0.0
0.0
4.8
Cash and equivalents
161
163
88.5
-1.2%
Receivables
95.8
95.6
115
+0.3%
Inventory
169
173
158
-2.3%
Other assets
90.8
88.6
55.9
+2.5%
Total assets
1,275
1,207
1,113
+5.6%
10-K for the year ended 30 June 2025, filed 21 August 2025: the filing.