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 20 d ago 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 15.0× (Sep '26).
The price-to-sales ratio has fallen from 2.5× (Jul '25) to 1.5× (Sep '26).
The dividend yield has risen from 2.1% (Jul '25) to 3.8% (Sep '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?

As of Sep '26, Marzetti Co traded at a price-to-earnings ratio of about 15.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.