NASDAQ · CANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES · LARGE CAP
The Marzetti Company MZTI
17 fiscal years on record · USD · FY2024 reported
SEC FILINGS ONLY8 YEARS OF DIVIDEND GROWTH
Revenue · FY2024
$1.9B
▲ 2.0% vs FY2023
Dividend streak
8 yrs
Raised every year since 2017
EPS · FY24
$6.07
Dividend / sh · FY24
$3.75
Payout · FY24
62%
ROE · FY24
17.4%
Net margin · FY24
8.8%
Dividend coverage
1.6×
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Result
USD 1.9B
Revenue, FY2024 · full 17-year series below
Revenue
Net income
9 cents of every revenue dollar became profit this year.
Per share
USD 6.07
Diluted EPS, FY2024
EPS
Dividend
Earnings covered the dividend 1.6 times — the rest stayed in the company.
Profitability
17.4%
Return on equity, FY2024
ROE
Operating margin11.5%
Net margin8.8%
Return on assets13.5%
Each USD of equity produced 17 cents of profit this year.
Returned to shareholders
USD 111.5M
returned in FY2024 · dividends + net buybacks
Dividends paidUSD 103.5M
Net buybacksUSD 8.0M
Share of profit66.6%
Consecutive raises8 years
USD 103.5M in dividends and USD 8.0M in buybacks — 67% of the year's profit went back to shareholders.
Growth
+7.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+4.4%
+7.4%
+5.6%
+4.0%
Net income
+23.2%
+4.1%
+5.1%
+2.5%
EPS, diluted
+23.2%
+4.1%
+5.0%
+2.7%
Dividend / share
+6.0%
+6.4%
+7.5%
+8.0%
Returned to shareholders
+5.7%
+6.6%
+8.3%
+7.5%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
0.03B
Shares outstanding, FY2024
Change, 5 years+0.0%
Change, 10 years+0.6%
The share count grew 0% in five years — the same company, cut into more, smaller slices.
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Balance sheet
USD 1.3B
total assets, end of FY2024
Total assetsUSD 1.3B
EquityUSD 998.5M
CashUSD 161.5M
Current ratio2.38×
Equity funds 78% of total assets.
History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
1.9
1.9
1.8
1.7
1.5
1.3
1.3
1.2
1.2
1.2
1.1
1.0
1.0
1.0
1.1
1.1
1.1
Operating income $B
0.2
0.2
0.1
0.1
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.1
0.1
0.2
0.1
EBITDA $B
0.3
0.3
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
Income tax $B
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.1
0.0
0.0
0.1
0.1
0.0
Net income $B
0.2
0.2
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
EPS, diluted $
6.07
5.76
4.04
3.25
5.16
4.97
5.46
4.92
4.20
4.44
3.72
2.74
3.99
3.51
3.84
4.07
3.17
Dividend / sh $
3.75
3.55
3.35
3.15
2.95
2.75
2.55
2.35
2.15
6.96
1.82
1.72
6.52
1.41
1.29
1.19
1.14
Payout %
62
62
83
97
57
55
47
48
51
156
49
63
163
40
34
29
36
ROE %
17.4
17.7
13.0
10.6
17.5
18.1
21.8
22.0
21.2
22.2
18.3
14.6
20.5
17.7
21.2
25.9
22.1
Shares out B
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
66 of 66
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed