The Marzetti Company Cash Flow Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	169.83	167.35	158.61	111.29	89.59	142.33
Depreciation & Amortization	64.52	62.17	55.9	51.21	45.88	44.51
Loss (Gain) From Sale of Assets	-	-	-0.02	-0.21	-0.12	0.06
Asset Writedown & Restructuring Costs	6.25	5.1	13.66	24.97	32.29	1.2
Stock-Based Compensation	9.26	8.98	11.36	9.08	9.56	7.13
Other Operating Activities	32.83	14.75	-6.13	9.45	-1.79	-1.21
Change in Accounts Receivable	-0.3	-0.26	19.41	20.53	-37.6	-11.29
Change in Inventory	23.69	8.02	-14.99	-13.56	-22.83	-36.83
Change in Accounts Payable	22.35	-1.28	14.4	14.61	-17.09	31.82
Change in Other Net Operating Assets	-17.31	-3.33	-0.64	-1.46	3.93	-3.52
Operating Cash Flow	311.11	261.5	251.55	225.9	101.81	174.19
Operating Cash Flow Growth	31.92%	3.95%	11.36%	121.88%	-41.55%	2.00%
Capital Expenditures	-55.99	-58	-67.58	-90.18	-131.97	-87.87
Sale of Property, Plant & Equipment	-	-	6.97	1.21	0.37	0.15
Cash Acquisitions	-78.82	-78.82	-	-	-	-
Other Investing Activities	-12.29	-11.39	-6.83	-1.81	-0.64	-1.26
Investing Cash Flow	-147.1	-148.21	-67.43	-90.78	-132.24	-88.98
Long-Term Debt Repaid	-	-2.05	-1.96	-2.33	-2.66	-2
Net Debt Issued (Repaid)	-2.03	-2.05	-1.96	-2.33	-2.66	-2
Repurchase of Common Stock	-9.93	-9.7	-9.26	-12.23	-7.93	-12.2
Common Dividends Paid	-104.95	-103.5	-97.93	-92.37	-86.76	-81.23
Financing Cash Flow	-116.92	-115.26	-109.15	-106.93	-97.35	-95.43
Net Cash Flow	47.09	-1.97	74.97	28.19	-127.77	-10.22
Free Cash Flow	255.12	203.5	183.98	135.72	-30.16	86.32
Free Cash Flow Growth	51.00%	10.61%	35.56%	-	-	-2.05%
Free Cash Flow Margin	13.18%	10.66%	9.83%	7.45%	-1.80%	5.88%
Free Cash Flow Per Share	9.28	7.40	6.70	4.94	-1.10	3.14
Cash Income Tax Paid	49.85	52.52	53.58	26.33	17.83	40.74
Levered Free Cash Flow	192.46	157.68	154.25	83.42	-53.31	74.56
Unlevered Free Cash Flow	192.51	157.73	154.3	83.49	-53.21	74.66
Change in Working Capital	28.44	3.15	18.18	20.11	-73.59	-19.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.