MZTI Financials Marzetti Co

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Aug 30, 2026, 10:12 UTC Overview →

Growth & profitability

Revenue has grown 5.6% per year over the past 5 years.
Net income has grown in line with revenue (6.1% vs 5.6% per year).
Operating margin has been roughly flat, at 12.4% in the latest year.
Free cash flow has grown 19.0% per year over the past 5 years.

Financial health

Total debt ($199M) exceeds cash ($25M); net debt is $174M.
Total debt is 0.6× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 56.8% of earnings and 52.8% of free cash flow.
The dividend has grown 6.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$1.9B	$192M	24.7%	12.4%	18.2%	11.9%	$206M	$199M	$25M
2025	$1.9B	$167M	23.9%	11.5%	16.8%	13.1%	$203M	$0	$161M
2024	$1.9B	$159M	23.1%	10.7%	17.1%	13.1%	$184M	—	$163M
2023	$1.8B	$111M	21.3%	7.8%	12.9%	10.0%	$136M	—	$88M
2022	$1.7B	$90M	21.2%	6.7%	10.6%	8.2%	-$30M	—	$60M
2021	$1.5B	$142M	26.4%	12.7%	16.9%	12.9%	$86M	—	$188M
2020	$1.3B	$137M	26.8%	13.2%	17.5%	13.8%	$88M	—	$198M
2019	$1.3B	$151M	24.9%	14.6%	20.7%	16.6%	$127M	—	$196M
2018	$1.2B	$135M	24.8%	14.0%	20.7%	16.8%	$130M	—	$206M
2017	$1.2B	$115M	26.5%	14.5%	20.0%	16.1%	$119M	—	$143M
2016	—	$122M	—	—	23.7%	19.2%	$129M	—	$118M
2015	—	$102M	—	—	17.5%	14.5%	$114M	—	$182M
2014	—	$75M	—	—	14.2%	12.0%	$113M	—	$212M
2013	—	$109M	—	—	21.8%	17.6%	$108M	—	$123M
2012	—	$96M	—	—	17.0%	14.0%	$106M	—	$192M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$465M	$48M	24.5%	12.4%	4.6%	3.0%	$32M	$199M	$25M
Mar '26	$453M	$37M	23.6%	10.3%	3.5%	2.7%	$49M	$0	$218M
Dec '25	$518M	$59M	26.5%	14.5%	5.7%	4.4%	$71M	—	$202M
Sep '25	$493M	$47M	24.1%	12.0%	4.6%	3.5%	$54M	—	$182M
Jun '25	$475M	$33M	22.3%	8.2%	3.3%	2.6%	$74M	$0	$161M
Mar '25	$458M	$41M	23.1%	10.9%	4.1%	3.2%	$31M	—	$125M
Dec '24	$509M	$49M	26.1%	14.9%	5.0%	4.0%	$97M	—	$203M
Sep '24	$467M	$45M	23.8%	12.0%	4.7%	3.7%	$2M	—	$135M
Jun '24	$453M	$35M	21.6%	9.2%	3.8%	2.9%	$19M	—	$163M
Mar '24	$471M	$28M	22.2%	7.5%	3.1%	2.4%	$61M	—	$165M
Dec '23	$486M	$51M	25.0%	13.5%	5.7%	4.5%	$87M	—	$134M
Sep '23	$462M	$44M	23.6%	12.3%	5.0%	3.9%	$17M	—	$74M
Jun '23	$455M	$9M	20.5%	2.5%	1.1%	0.8%	$30M	—	$88M
Mar '23	$465M	$25M	20.3%	6.3%	2.8%	2.1%	$21M	—	$83M
Dec '22	$477M	$40M	21.4%	10.8%	4.5%	3.5%	$58M	—	$95M
Sep '22	$426M	$38M	23.3%	11.6%	4.4%	3.3%	$26M	—	$64M
Jun '22	$452M	$29M	21.8%	7.5%	3.4%	2.7%	$16M	—	$60M
Mar '22	$403M	-$4M	16.9%	-1.9%	-0.5%	-0.4%	-$22M	—	$67M
Dec '21	$428M	$34M	22.5%	10.6%	4.0%	3.1%	$7M	—	$114M
Sep '21	$392M	$31M	23.6%	10.3%	3.6%	2.7%	-$31M	—	$130M

Valuation over time

How the market has priced MZTI against its own fundamentals since 2025-07 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 29.0× (Jul '25) to 15.8× (Nov '26).
The price-to-sales ratio has fallen from 2.5× (Jul '25) to 1.6× (Nov '26).
The dividend yield has risen from 2.1% (Jul '25) to 3.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is MZTI growing its revenue and profit?

Over the past 5 years, Marzetti Co's revenue has grown 5.6% per year, and net income grown 6.1% per year. These are computed facts, not advice.

How much debt does MZTI have?

As of FY2026, Marzetti Co reported $199M of total debt against $25M of cash.

What is MZTI's profit margin?

In FY2026, gross margin was 24.7%, operating margin 12.4%, and net margin 9.9%.

What is MZTI's P/E ratio?

Marzetti Co's P/E (TTM) is 15.79 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MZTI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 15.8× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.