Skip to content
NASDAQ · CANNED, FROZEN & PRESERVD FRUIT, VEG & FOOD SPECIALTIES · LARGE CAP

Marzetti Co. MZTI

18 fiscal years on record · USD · FY2025 reported · SEC filings only
9 YEARS OF DIVIDEND GROWTH
$1.9B
▲ 1.1% YoY
$191.6M
▲ 14.5% YoY
$206.1M
▲ 1.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels. As of June 30, 2025, the majority of its products were manufactured and packaged at 14 food plants located throughout the United States. As of June 30, 2025, it had 3,700 employees. Its financial results are presented as two reportable segments, Retail and Foodservice. Its top five Retail customers accounted for 62%, 59% and 59% of that segment's total net sales in 2025, 2024 and 2023, respectively. The majority of its Foodservice sales are products sold under private label to national chain restaurant accounts. Lancaster Colony Corporation changed its name to The Marzetti Company effective June 27, 2025.

Written from the business description in The Marzetti Company's annual report to the U.S. Securities and Exchange Commission, filed 21 August 2025. Every sentence was checked against that document before publication.

Growth

USD 1.9B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.9 · Net income 0.2
1B2B
2008201120142017202020232025
Compound annual growth
+1.9%
+5.6%
+4.9%
+3.9%
+19.9%
+6.1%
+4.6%
+4.0%
+20.0%
+6.2%
+4.6%
+4.1%
+5.6%
+6.0%
−5.5%
+7.7%
+12.6%
+10.1%
−2.7%
+4.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.6% a year over the five years to FY2025 — but profit grew faster: net income at +6.1%, earnings per share at +6.2%.

The share count fell from 0.03B to 0.03B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 12.4% · Net 9.9%
5%10%15%
200820162025
ROE
FY2025 · ROE 18.7%
10%20%
200820162025
Three returns, three denominators.

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders

USD 145.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 206.1
100M200M-15M-30M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 108.8 · Net buybacks 36.3
100M200MDividendsNet buybacks
2008201120142017202020232025

USD 108.8M in dividends and USD 36.3M in buybacks — 76% of the year's profit went back to shareholders.

Total assetsUSD 1.6B
EquityUSD 1.1B
CashUSD 25.1M
Gross debtUSD 199.3M
Net debtUSD 174.2M
Current ratio1.56×

Net debt stands at 17% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
MZTI, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B1.91.91.91.81.71.51.31.31.21.21.21.11.01.01.01.11.11.1
Operating income $B0.20.20.20.10.10.20.20.20.20.20.20.20.20.20.10.10.20.1
EBITDA $B0.30.30.30.20.20.20.20.20.20.20.20.20.20.20.20.20.20.2
Income tax $B0.10.00.00.00.00.00.00.00.00.10.10.10.10.00.00.10.10.0
Net income $B0.20.20.20.10.10.10.10.20.10.10.10.10.10.10.10.10.10.1
Free cash flow $B0.20.20.20.1−0.00.10.10.10.10.10.10.10.10.10.10.10.10.1
EPS, diluted $6.986.075.764.043.255.164.975.464.924.204.443.722.743.993.513.844.073.17
Dividend / sh $3.953.753.553.353.152.952.752.552.352.156.961.821.726.521.411.291.191.14
Payout %57626283975755474851156496316340342936
ROE %18.717.417.713.010.617.518.121.822.021.222.218.314.620.517.721.225.922.1
Shares out B0.030.030.030.030.030.030.030.030.030.030.030.030.030.030.030.030.03◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCanned, Frozen & Preservd Fruit, Veg & Food Specialties
Listed onNASDAQ
Incorporated inOhio
Fiscal year endsJune 30
Data on record since2008

Share this section

Download image