Saturday 17 October 2026 Export MZTI’s income statement to Excel — free account

The Marzetti Company

The Marzetti Company’s revenue for fiscal 2026 (year ended June 2026) was $1.9 billion, up 1.08% from fiscal 2025. In the quarter to June 2026, revenue fell 2.19%, EPS grew 49.2% and free cash flow fell 30.1%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three; insiders bought in the last twelve months.

104.47 1.28 +1.24%

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Market cap: $2.8B
P/E: 15.0×
Fwd P/E: 14.9×
Dividend yield: 3.83%
F-score: 5/9
Altman Z: 6.68
Beneish M: −2.62
Dividend safety: 84/100

Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.10

Total sells 0.23

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	1	—	—	—	—
Sell	—	—	—	—	—	—	—	1	—	—	1	—

Insider Ownership 30.62%

Capital & Financial Ratios $m

Market Cap 2,820.00

Revenue 1,929.82

Net Income 191.61

Free Cash Flow 226.46

Net Debt 174.18

Current Ratio 1.56

Debt/Equity 0.19

P/E ratio 14.99

Fwd P/E 14.90

P/S ratio 1.48

P/B ratio 2.72

Past 5Y EPS Growth 6.23%

This Y EPS Growth (1.85%)

Next Y EPS Growth 7.79%

Next Y revenue growth 3.69%

Next 5Y EPS Growth 1.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 1.07%

10-year low 10-year high

P/S against its own 10 years 1.11%

10-year low 10-year high

P/B against its own 10 years 1.07%

10-year low 10-year high

EV/Sales against its own 10 years 2.47%

10-year low 10-year high

EV/FCF against its own 10 years 3.01%

10-year low 10-year high

Dividends

Payout Ratio 0.57

Annual Dividend Rate 4.00

Annual Dividend Yield 3.83%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	3.95	1.00 1.00 1.00
2025	3.85	0.95 0.95 0.95 1.00
2024	3.65	0.90 0.90 0.90 0.95
2023	3.45	0.85 0.85 0.85 0.90
2022	3.25	0.80 0.80 0.80 0.85
2021	3.05	0.75 0.75 0.75 0.80
2020	2.85	0.70 0.70 0.70 0.75
2019	2.65	0.65 0.65 0.65 0.70
2018	2.45	0.60 0.60 0.60 0.65
2017	2.25	0.55 0.55 0.55 0.60
2016	2.05	0.50 0.50 0.50 0.55

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	88	163	161	25
Receivables	115	96	96	105
Inventory	158	173	169	205
Other	13	12	17	25
	374	444	444	361

	2023	2024	2025	2026
Payables	112	119	118	157
ST’ Debt	11	—	—	10
Other	—	—	—	—
	169	184	186	232

Compound Annual Growth %

	10y	5y	3y
Sales	4.94%	5.64%	1.93%
Cash Flow	6.88%	10.26%	7.90%
Earnings	4.62%	6.13%	19.87%
Book Value	7.45%	4.55%	6.89%

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	493	518	453	465	1,930
’25	467	509	458	475	1,909
’24	462	486	471	453	1,872
’23	426	477	465	455	1,823
’22	392	428	403	452	1,676
’21	349	375	357	386	1,467

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	70	89	71	55	284
’25	20	108	46	88	261
’24	36	106	76	34	252
’23	51	90	44	42	226
’22	(1)	43	17	43	102
’21	24	67	48	35	174

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	54	72	49	52	226
’25	2	97	31	74	203
’24	17	87	61	25	191
’23	27	58	21	30	137
’22	(31)	7	(21)	16	(30)
’21	9	52	(8)	3	86

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	1.71	2.15	1.35	1.76	6.98
’25	1.62	1.78	1.49	1.18	6.07
’24	1.59	1.87	1.03	1.26	5.76
’23	1.36	1.45	0.89	0.33	4.04
’22	1.11	1.25	(0.17)	1.06	3.25
’21	1.35	1.62	1.05	1.15	5.16

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	113.34	115.81	133.77	114.55	145.79	116.85	158.88	162.21	152.95	97.00	Analyst estimates 2027–2029 Powerpack
	High	149.30	194.38	180.11	184.97	201.31	214.00	220.65	215.31	198.39	176.26
People
People	Employees	2,800	2,900	3,200	3,200	3,200	3,200	3,400	3,400	3,700	3,500
	Revenue/emp, $m	0.43	0.42	0.41	0.42	0.46	0.52	0.54	0.55	0.52	0.55
Income, $m
Income, $m	Revenue	1,202	1,223	1,308	1,334	1,467	1,676	1,823	1,872	1,909	1,930
	Gross margin, %	26.52	24.82	24.94	26.83	26.36	21.22	21.32	23.10	23.87	24.73
	EBT	176	174	196	179	186	112	143	206	213	242
	EBT margin, %	14.60	14.24	14.95	13.42	12.66	6.70	7.86	10.98	11.18	12.54
	Net income	115	135	151	137	142	90	111	159	167	192
	Depreciation	25	27	32	38	45	46	51	56	62	71
Per share, $
Per share, $	Revenue	43.90	44.63	47.66	48.62	53.40	61.08	66.37	68.21	69.50	70.47
	Earnings	4.21	4.93	5.48	4.98	5.17	3.26	4.04	5.77	6.08	6.98
	Cash flow	5.35	5.86	7.20	6.22	6.34	3.71	8.23	9.17	9.52	10.36
	Capex	(0.93)	(1.13)	(2.58)	(3.01)	(3.19)	(4.79)	(3.24)	(2.21)	(2.11)	(2.09)
	Free cash flow	4.41	4.73	4.62	3.22	3.15	(1.09)	4.99	6.96	7.41	8.27
	Book value	21.04	23.80	26.49	28.54	30.69	30.77	31.40	33.74	36.35	38.46
	Shares, m	27	27	27	27	27	27	27	27	27	27
Valuation, ×
Valuation, ×	P/E	29.13	28.36	26.92	31.12	37.43	39.62	49.77	32.68	28.46	16.38
	P/S	2.79	3.13	3.09	3.19	3.62	2.11	3.03	2.76	2.49	1.62
	P/B	5.83	5.87	5.56	5.43	6.31	4.18	6.40	5.59	4.75	2.97
	EV/Sales	2.67	2.96	2.94	3.06	3.52	2.09	3.00	2.69	2.41	1.71
	EV/FCF	26.59	27.95	30.29	46.25	90.68	(117.84)	39.90	26.38	22.66	14.57
Cash, $m
Cash, $m	Operating cash flow	146	161	198	171	174	102	226	252	261	284
	Capex	(26)	(31)	(71)	(83)	(88)	(132)	(89)	(61)	(58)	(57)
	Free cash flow	121	130	127	88	86	(30)	137	191	203	226
Balance, $m
Balance, $m	Working capital	225	285	249	259	250	186	206	260	257	129
	Total debt	—	—	—	26	33	36	30	—	—	199
	Net debt	(143)	(206)	(196)	(172)	(155)	(24)	(58)	(163)	(161)	174
	Shareholders’ equity	576	652	727	783	843	845	862	926	998	1,053
Returns, %
Returns, %	ROA	17.07	17.79	17.61	14.43	13.56	8.15	10.08	13.64	13.45	13.28
	ROIC	25.17	24.01	22.49	18.00	16.88	8.53	11.00	16.34	16.45	12.16
	ROE	21.17	22.03	21.83	18.14	17.47	10.59	13.01	17.70	17.35	18.64

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
POST Post Holdings, Inc.	$3.4B	13.2×	13.3×	−1.83% (below 0%: shrinking)	−27.69% (below 0%: shrinking)	+69.65% (above 0%: growing)	29.07%	9.72%	Compare
FRPT Freshpet, Inc.	$3.3B	16.0×	26.0×	+15.45% (above 0%: growing)	+17.65% (above 0%: growing)	+3,203.37% (above 0%: growing)	42.11%	7.10%	Compare
MZTI The Marzetti Company	$2.8B	15.0×	14.9×	−2.19% (below 0%: shrinking)	+49.15% (above 0%: growing)	−30.07% (below 0%: shrinking)	24.51%	12.41%
CENT Central Garden & Pet Company	$2.3B	15.6×	13.9×	−8.17% (below 0%: shrinking)	−4.58% (below 0%: shrinking)	+25.12% (above 0%: growing)	35.92%	14.26%	Compare
CENTA Central Garden & Pet Company	$2.3B	13.4×	—	−8.17% (below 0%: shrinking)	−4.58% (below 0%: shrinking)	+25.12% (above 0%: growing)	35.92%	14.26%	Compare
UTZ Utz Brands, Inc.	$2.1B	— (loss-making)	9.2×	+1.39% (above 0%: growing)	n/m	+93.40% (above 0%: growing)	25.87%	(1.48%)	Compare
NOMD Nomad Foods Limited	$1.6B	11.5×	7.2×	−0.76% (below 0%: shrinking)	−2.38% (below 0%: shrinking)	+24.23% (above 0%: growing)	28.91%	12.24%	Compare
HLF Herbalife Ltd	$1.5B	9.1×	5.5×	+5.38% (above 0%: growing)	n/m	−70.49% (below 0%: shrinking)	77.67%	9.67%	Compare
JJSF J & J Snack Foods Corp.	$1.5B	30.1×	23.2×	−6.24% (below 0%: shrinking)	−16.74% (below 0%: shrinking)	+4.83% (above 0%: growing)	35.45%	10.86%	Compare
Median of peers	$2.2B	13.4×	13.3×	−1.29%	−4.58%	+25.12%	35.69%	10.29%

All 71 Packaged Foods stocks →

The Marzetti Company (MZTI) key facts

Strength: The Marzetti Company’s revenue for fiscal 2026 (year ended June 2026) was $1.9 billion, up 1.08% from fiscal 2025.
Strength: Net income was $191.6 million, or $6.98 per share (basic), a net margin of 9.91%.
The Marzetti Company (MZTI) is a Packaged Foods company in the Consumer Defensive sector, listed on Nasdaq.
As of October 16, 2026, MZTI traded at $104.47, a market capitalization of $2.8 billion.
At that price the stock trades at 15.0× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 1% of its own readings over the past ten years.
The Marzetti Company pays an annual dividend of $4.00 per share, a yield of 3.83%, with a payout ratio of 57.4%.
Return on equity was 18.6% and debt-to-equity 0.19.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 6.68 (safe zone) for fiscal 2026.