The Marzetti Company (MZTI)

The Marzetti Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	1,909	1,872	1,823	1,676	1,467
Revenue Growth (YoY)	2.00%	2.70%	8.72%	14.27%	9.94%
Cost of Revenue	1,453	1,437	1,434	1,321	1,080
Gross Profit	455.65	434.9	388.57	355.72	386.72
Selling, General & Admin	226.45	218.07	222.09	207.66	200.11
Operating Expenses	226.45	218.07	222.09	212.1	205.36
Operating Income	229.2	216.84	166.48	143.62	181.36
Interest Expense	-0.08	-0.07	-0.1	-0.15	-0.16
Other Non Operating Income (Expenses)	7.19	6.22	1.89	0.63	0.05
EBT Excluding Unusual Items	236.31	222.99	168.27	144.1	181.25
Merger & Restructuring Charges	-8.88	-12.97	-	-26.38	-1.2
Asset Writedown	-	-4.5	-24.97	-8.8	-
Other Unusual Items	-13.97	-	-	3.47	5.69
Pretax Income	213.46	205.52	143.3	112.39	185.75
Income Tax Expense	46.12	46.9	32.01	22.8	43.41
Net Income	167.35	158.61	111.29	89.59	142.33
Preferred Dividends & Other Adjustments	0.46	0.41	0.26	0.22	0.29
Net Income to Common	166.89	158.2	111.03	89.36	142.05
Net Income Growth	5.51%	42.53%	24.22%	-37.06%	3.91%
Shares Outstanding (Basic)	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	28
Shares Change (YoY)	0.10%	-0.08%	0.04%	-0.17%	0.08%
EPS (Basic)	6.08	5.77	4.04	3.26	5.17
EPS (Diluted)	6.07	5.76	4.04	3.25	5.16
EPS Growth	5.38%	42.57%	24.31%	-37.02%	3.82%
Free Cash Flow	203.5	183.98	135.72	-30.16	86.32
Free Cash Flow Per Share	7.40	6.70	4.94	-1.10	3.14
Dividend Per Share	3.750	3.550	3.350	3.150	2.950
Dividend Growth	5.63%	5.97%	6.35%	6.78%	7.27%
Gross Margin	23.87%	23.23%	21.32%	21.22%	26.36%
Operating Margin	12.01%	11.58%	9.13%	8.57%	12.36%
Profit Margin	8.74%	8.45%	6.09%	5.33%	9.68%
Free Cash Flow Margin	10.66%	9.83%	7.45%	-1.80%	5.88%
EBITDA	291.37	272.73	217.69	189.5	225.87
EBITDA Margin	15.26%	14.57%	11.94%	11.30%	15.40%
D&A For EBITDA	62.17	55.9	51.21	45.88	44.51
EBIT	229.2	216.84	166.48	143.62	181.36
EBIT Margin	12.01%	11.58%	9.13%	8.57%	12.36%
Effective Tax Rate	21.60%	22.82%	22.34%	20.29%	23.37%

Updated Aug 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q