The Marzetti Company (MZTI)

The Marzetti Company Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	1,936	1,909	1,872	1,823	1,676	1,467
Revenue Growth (YoY)	3.16%	2.00%	2.70%	8.72%	14.27%	9.94%
Cost of Revenue	1,472	1,453	1,437	1,434	1,321	1,080
Gross Profit	463.64	455.65	434.9	388.57	355.72	386.72
Selling, General & Admin	229.9	226.45	218.07	222.09	207.66	200.11
Amortization of Goodwill & Intangibles	-	-	-	-	4.44	5.26
Operating Expenses	229.9	226.45	218.07	222.09	212.1	205.36
Operating Income	233.74	229.2	216.84	166.48	143.62	181.36
Interest Expense	-0.08	-0.08	-0.07	-0.1	-0.15	-0.16
Other Non Operating Income (Expenses)	6.7	7.19	6.22	1.89	0.63	0.05
EBT Excluding Unusual Items	240.36	236.31	222.99	168.27	144.1	181.25
Merger & Restructuring Charges	-10.03	-8.88	-12.97	-	-26.38	-1.2
Asset Writedown	-	-	-4.5	-24.97	-8.8	-
Other Unusual Items	-13.97	-13.97	-	-	3.47	5.69
Pretax Income	216.37	213.46	205.52	143.3	112.39	185.75
Income Tax Expense	46.54	46.12	46.9	32.01	22.8	43.41
Net Income	169.83	167.35	158.61	111.29	89.59	142.33
Preferred Dividends & Other Adjustments	0.43	0.46	0.41	0.26	0.22	0.29
Net Income to Common	169.4	166.89	158.2	111.03	89.36	142.05
Net Income Growth	6.57%	5.51%	42.53%	24.22%	-37.06%	3.91%
Shares Outstanding (Basic)	27	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	27	28
Shares Change (YoY)	0.11%	0.10%	-0.08%	0.04%	-0.17%	0.08%
EPS (Basic)	6.17	6.08	5.77	4.04	3.26	5.17
EPS (Diluted)	6.16	6.07	5.76	4.04	3.25	5.16
EPS Growth	6.39%	5.38%	42.57%	24.31%	-37.02%	3.82%
Free Cash Flow	255.12	203.5	183.98	135.72	-30.16	86.32
Free Cash Flow Per Share	9.28	7.40	6.70	4.94	-1.10	3.14
Dividend Per Share	3.800	3.750	3.550	3.350	3.150	2.950
Dividend Growth	5.56%	5.63%	5.97%	6.35%	6.78%	7.27%
Gross Margin	23.95%	23.87%	23.23%	21.32%	21.22%	26.36%
Operating Margin	12.07%	12.01%	11.58%	9.13%	8.57%	12.36%
Profit Margin	8.75%	8.74%	8.45%	6.09%	5.33%	9.68%
Free Cash Flow Margin	13.18%	10.66%	9.83%	7.45%	-1.80%	5.88%
EBITDA	298.26	291.37	272.73	217.69	189.5	225.87
EBITDA Margin	15.41%	15.26%	14.57%	11.94%	11.30%	15.40%
D&A For EBITDA	64.52	62.17	55.9	51.21	45.88	44.51
EBIT	233.74	229.2	216.84	166.48	143.62	181.36
EBIT Margin	12.07%	12.01%	11.58%	9.13%	8.57%	12.36%
Effective Tax Rate	21.51%	21.60%	22.82%	22.34%	20.29%	23.37%

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q