The Marzetti Company

The Marzetti Company

MZTI
The Marzetti CompanyUS flagNASDAQ Global Market
105.39
USD
-0.25
- -
2.89BMarket Cap

Income Statement (USD)

2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
As of date
06/30/2012
06/30/2013
06/30/2014
06/30/2015
06/30/2016
06/30/2017
06/30/2018
06/30/2019
06/30/2020
06/30/2021
06/30/2022
06/30/2023
06/30/2024
06/30/2025
06/30/2026
Sales/Revenue/Turnover
989
1,014
1,041
1,105
1,191
1,202
1,223
1,308
1,334
1,467
1,676
1,823
1,872
1,909
1,930
+ Sales & Services Revenue
989
1,014
1,041
1,105
1,191
1,202
1,223
1,308
1,334
1,467
1,676
1,823
1,872
1,909
1,930
- Cost of Revenue
766
769
793
847
891
883
919
982
976
1,080
1,321
1,434
1,439
1,453
1,453
+ Cost of Goods & Services
766
769
793
847
891
883
919
982
976
1,080
1,321
1,434
1,439
1,453
1,453
Gross Profit
223
245
249
258
300
319
304
326
358
387
356
389
432
456
477
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
82
91
95
103
115
126
130
150
181
205
212
222
218
230
255
+ Selling, General & Admin
82
91
95
103
115
126
130
150
181
205
212
222
218
230
255
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Income (Loss)
141
154
154
155
185
193
174
176
177
181
144
166
214
225
223
- Non-Operating (Income) Loss
- -
- -
- -
- -
- -
18
-1
-19
-2
-4
31
23
9
12
-19
+ Interest Expense, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
+ Interest Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- Interest Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
- -
- -
- -
- -
- -
18
-1
-19
-2
-4
31
23
9
12
-21
Pretax Income
141
154
153
155
185
176
174
196
179
186
112
143
206
213
242
- Income Tax Expense (Benefit)
49
50
52
53
63
60
39
45
42
43
23
32
47
46
50
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
92
104
101
102
122
115
135
151
137
142
90
111
159
167
192
- Net Extraordinary Losses (Gains)
-3
-5
26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Discontinued Operations
3
5
-26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
-7
-11
52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) Incl. MI
96
109
75
102
122
115
135
151
137
142
90
111
159
167
192
- Minority Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
96
109
75
102
122
115
135
151
137
142
90
111
159
167
192
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
96
109
75
102
122
115
135
151
137
142
90
111
159
167
192
EBIT
141
154
154
155
185
193
174
176
177
181
144
166
214
225
223
EBITDA
161
174
174
176
209
218
200
208
215
226
190
218
270
288
294
EBITDA Margin (%)
16.33
17.17
16.73
15.93
17.52
18.14
16.39
15.92
16.12
15.4
11.3
11.94
14.43
15.06
15.24
EBITA
141
154
154
155
185
193
174
176
177
181
144
166
214
225
223
Gross Margin (%)
22.59
24.14
23.88
23.33
25.16
26.52
24.82
24.94
26.83
26.36
21.22
21.32
23.1
23.87
24.73
Operating Margin (%)
14.28
15.18
14.77
14.02
15.5
16.07
14.2
13.49
13.27
12.36
8.57
9.13
11.45
11.81
11.54
Profit Margin (%)
9.69
10.78
7.2
9.21
10.22
9.59
11.06
11.51
10.27
9.7
5.34
6.11
8.47
8.77
9.93
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.41
6.53
1.72
1.82
6.97
2.15
2.35
2.56
2.76
2.96
3.16
3.36
3.57
3.77
3.97
Depreciation Expense
20
20
20
21
24
25
27
32
38
45
46
51
56
62
71
Basic Weighted Avg Shares
27
27
27
27
27
27
27
27
27
27
27
27
27
27
27
Basic EPS, GAAP
3.52
4.01
2.75
3.72
4.45
4.21
4.94
5.49
4.99
5.18
3.26
4.05
5.78
6.09
7
Basic EPS from Cont Ops
3.39
3.81
3.7
3.72
4.45
4.21
4.94
5.49
4.99
5.18
3.26
4.05
5.78
6.09
7
Diluted Weighted Avg Shares
27
27
27
27
27
27
27
28
27
28
27
27
27
27
27
Diluted EPS, GAAP
3.51
4
2.75
3.72
4.45
4.2
4.93
5.47
4.98
5.17
3.26
4.05
5.78
6.09
6.99
Diluted EPS from Cont Ops
3.39
3.81
3.7
3.72
4.45
4.2
4.93
5.47
4.98
5.17
3.26
4.05
5.78
6.09
6.99

Balance Sheet (USD)

2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
As of date
06/30/2012
06/30/2013
06/30/2014
06/30/2015
06/30/2016
06/30/2017
06/30/2018
06/30/2019
06/30/2020
06/30/2021
06/30/2022
06/30/2023
06/30/2024
06/30/2025
06/30/2026
Total Current Assets
392
326
367
330
268
301
379
369
386
423
352
374
444
444
361
+ Cash, Cash Equivalents & STI
192
123
212
182
118
143
206
196
198
188
60
88
163
161
25
+ Cash & Cash Equivalents
192
123
212
182
118
143
206
196
198
188
60
88
163
161
25
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
73
56
58
62
66
70
73
76
87
98
135
115
96
96
105
+ Accounts Receivable, Net
73
56
58
62
66
70
73
76
87
98
135
115
96
96
105
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventories
110
68
75
78
76
76
91
86
85
122
145
158
173
169
205
+ Raw Materials
36
26
28
31
26
28
33
31
34
49
56
41
38
43
45
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
74
42
46
47
50
48
58
55
51
73
88
118
135
127
160
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
17
79
23
8
8
12
9
11
16
16
11
13
12
17
25
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
291
294
271
372
367
415
426
537
608
678
739
739
763
831
1,244
+ Property, Plant & Equip, Net
184
168
169
172
170
181
191
247
316
387
480
507
533
587
594
+ Property, Plant & Equip
417
333
346
367
380
397
426
503
598
699
814
878
933
1,020
1,071
- Accumulated Depreciation
233
165
178
195
211
217
235
256
282
312
334
372
400
433
477
+ LT Investments & Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
107
126
103
200
197
235
235
290
291
291
259
232
230
244
650
+ Total Intangible Assets
97
96
95
192
189
228
224
279
274
267
241
213
208
223
626
+ Goodwill
90
90
90
144
144
168
168
208
208
208
208
208
208
223
500
+ Other Intangible Assets
7
6
5
48
45
60
56
70
65
59
32
5
- -
- -
125
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
10
30
7
8
9
6
11
11
18
24
18
18
22
22
24
Total Assets
683
620
639
702
635
716
804
905
993
1,101
1,090
1,113
1,207
1,275
1,605
+ Payables & Accruals
54
50
49
53
51
55
71
91
86
132
138
132
140
141
180
+ Accounts Payable
41
36
38
39
40
41
58
77
71
110
115
112
119
118
157
+ Accrued Taxes
2
2
1
1
1
1
1
1
1
2
2
2
3
4
4
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
11
12
10
13
10
12
11
13
13
20
21
18
18
19
19
+ ST Debt
- -
- -
- -
- -
- -
- -
- -
- -
7
9
11
11
12
12
21
+ ST Borrowings
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
7
9
11
11
12
12
11
+ Other ST Liabilities
19
28
20
22
22
22
23
29
33
33
16
26
32
34
31
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
19
28
20
22
22
22
23
29
33
33
16
26
32
34
31
Total Current Liabilities
73
77
69
75
73
77
94
120
126
174
166
169
184
186
232
+ LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
19
24
25
19
45
44
232
+ LT Borrowings
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
189
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
19
24
25
19
45
44
43
+ Other LT Liabilities
46
42
41
47
48
64
58
59
64
60
55
63
52
46
88
+ Accrued Liabilities
19
23
24
29
28
31
23
29
40
45
45
53
43
39
82
+ Pension Liabilities
12
6
6
8
10
5
2
3
5
3
3
1
1
1
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
14
12
12
10
11
27
33
27
20
13
8
8
8
7
6
Total Noncurrent Liabilities
46
42
41
47
48
64
58
59
84
84
80
82
97
90
320
Total Liabilities
118
119
110
121
121
140
152
179
210
258
246
251
281
276
552
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
200
205
210
216
221
230
238
246
125
129
138
144
154
161
169
+ Common Stock
100
103
105
108
111
115
119
123
125
129
138
144
154
161
169
+ Additional Paid in Capital
100
103
105
108
111
115
119
123
- -
- -
- -
- -
- -
- -
- -
- Treasury Stock
732
732
735
736
736
737
738
745
751
759
767
776
784
792
828
+ Retained Earnings
1,208
1,139
1,167
1,219
1,150
1,207
1,279
1,360
1,421
1,482
1,485
1,504
1,565
1,628
1,711
+ Other Equity
-12
-8
-8
-10
-11
-9
-8
-10
-12
-8
-11
-9
-9
1
1
Equity Before Minority Interest
564
501
529
581
514
576
652
727
783
843
845
862
926
998
1,053
+ Minority/Non Controlling Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
564
501
529
581
514
576
652
727
783
843
845
862
926
998
1,053
Total Liabilities & Equity
683
620
639
702
635
716
804
905
993
1,101
1,090
1,113
1,207
1,275
1,605
Shares Outstanding
27
27
27
27
27
27
27
27
28
28
28
28
28
28
27
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
27
33
36
30
58
56
55
Net Debt
-192
-123
-212
-182
-118
-143
-206
-196
-198
-188
-60
-88
-163
-161
174
Net Debt to Equity
-33.96
-24.62
-40.02
-31.36
-22.99
-24.85
-31.54
-27
-25.31
-22.3
-7.14
-10.26
-17.65
-16.17
16.54
Tangible Common Equity Ratio
79.78
77.33
79.75
76.26
72.84
71.24
73.77
71.52
70.82
69.05
71.08
72.13
71.84
73.74
43.64
Current Ratio
5.39
4.22
5.32
4.42
3.67
3.93
4.04
3.08
3.05
2.43
2.12
2.22
2.41
2.38
1.56
Cash Conversion Cycle
58.32
46.1
35.8
36.25
35.05
35.36
35.11
28.48
26.47
28.21
31.64
35.05
33.63
31.5
32.38

Cash Flow Statement (USD)

2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
As of date
06/30/2012
06/30/2013
06/30/2014
06/30/2015
06/30/2016
06/30/2017
06/30/2018
06/30/2019
06/30/2020
06/30/2021
06/30/2022
06/30/2023
06/30/2024
06/30/2025
06/30/2026
+ Net Income
96
109
75
102
122
115
135
151
137
142
90
111
159
167
192
+ Depreciation & Amortization
20
20
20
21
24
25
27
32
38
45
46
51
56
62
71
+ Non-Cash Items
7
4
48
2
3
7
-2
-2
17
7
40
43
19
29
24
+ Stock-Based Compensation
3
3
2
3
3
4
5
6
6
7
10
9
11
9
10
+ Deferred Income Taxes
5
1
3
- -
-1
2
-9
7
11
5
2
9
-7
- -
31
+ Asset Impairment Charge
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Cash Adj
-1
- -
43
-1
- -
- -
2
-15
- -
-5
28
25
14
19
-18
+ Chg in Non-Cash Work Cap
- -
-2
-14
8
-3
-1
- -
17
-21
-20
-74
20
18
3
-3
+ (Inc) Dec in Accts Receiv
-9
2
-7
-2
-4
-3
-3
-1
-11
-11
-38
21
19
- -
-1
+ (Inc) Dec in Inventories
2
-1
1
- -
2
- -
-14
6
1
-37
-23
-14
-15
8
-27
+ (Inc) Dec in Prepaid Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
1
3
-7
4
-2
5
16
15
3
32
-17
15
14
-1
30
+ Inc (Dec) in Other
6
-5
-1
5
1
-3
2
-3
-14
-4
4
-1
-1
-3
-6
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
122
132
129
133
146
146
161
198
171
174
102
226
252
261
284
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
1
3
- -
- -
- -
1
- -
- -
- -
- -
- -
1
7
- -
20
+ Disp of Fixed Prod Assets
1
3
- -
- -
- -
1
- -
- -
- -
- -
- -
1
7
- -
20
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-16
-24
-16
-18
-17
-27
-31
-71
-83
-88
-132
-90
-68
-58
-78
+ Acq of Fixed Prod Assets
-16
-24
-16
-18
-17
-27
-31
-71
-83
-88
-132
-90
-68
-58
-78
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
-8
-1
-3
-1
- -
-1
-1
-7
-5
-9
-8
-9
-8
-8
-36
+ Increase in Capital Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
-8
-1
-3
-1
- -
-1
-1
-7
-5
-9
-8
-9
-8
-8
-36
+ Net Change in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Dec in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
- -
- -
26
-92
- -
-35
- -
-55
- -
- -
- -
- -
- -
-79
-399
+ Cash from Divestitures
- -
- -
26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
- -
- -
- -
-92
- -
-35
- -
-55
- -
- -
- -
- -
- -
-79
-399
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
-1
-1
-1
-2
-1
- -
- -
-1
-1
-1
-1
-2
-7
-11
-13
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-17
-22
8
-112
-17
-61
-31
-127
-83
-89
-132
-91
-67
-148
-470
+ Dividends Paid
-38
-178
-47
-50
-191
-59
-65
-70
-76
-81
-87
-92
-98
-104
-109
+ Net Cash From Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
-2
-3
-2
-2
-2
197
+ Cash From Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
224
+ Repayments of Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
-2
-3
-2
-2
-2
-27
+ Other Financing Activities
- -
1
1
1
-2
-1
-1
-3
-4
-4
- -
-3
-2
-2
-2
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
-46
-178
-49
-50
-193
-61
-67
-80
-86
-95
-97
-107
-109
-115
50
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Changes in Cash
59
-68
88
-29
-64
25
63
-9
2
-10
-128
28
75
-2
-136
EBITDA
161
174
174
176
209
218
200
208
215
226
190
218
270
288
294
EBITDA Margin (%)
16.33
17.17
16.73
15.93
17.52
18.14
16.39
15.92
16.12
15.4
11.3
11.94
14.43
15.06
15.24
Free Cash Flow
106
108
113
114
129
119
130
127
88
86
-30
136
184
203
206
Net Cash Paid for Acquisitions
- -
- -
-26
92
- -
35
- -
55
- -
- -
- -
- -
- -
79
399
Free Cash Flow to Firm
106
108
113
114
129
119
130
127
88
86
-30
136
184
203
208
Free Cash Flow to Equity
107
110
113
114
129
121
130
127
88
84
-32
135
189
201
423
Free Cash Flow per Basic Share
3.9
3.95
4.15
4.19
4.73
4.36
4.73
4.62
3.21
3.14
-1.1
4.94
6.7
7.41
7.53
Price/Free Cash Flow
13.99
13.66
17.92
16.43
21.49
19.41
19.82
15.24
16.82
20.32
15.13
17.48
16.26
14.86
8.65
Cash Flow to Net Income
1.28
1.21
1.72
1.31
1.2
1.27
1.19
1.31
1.25
1.22
1.14
2.03
1.59
1.56
1.48
Capital Expenditures
-16
-24
-16
-18
-17
-27
-31
-71
-83
-88
-132
-90
-68
-58
-78