The Marzetti Company

The Marzetti Company

MZTI · NASDAQ · Consumer Defensive / Packaged Foods

110.97USD+0.44 (+0.40%)

Price History

Full chart

Market Stats

Previous Close110.53
Open111.44
Day Range110.00 – 112.58
52-Week Range97.00 – 171.90
Volume229.10K
Market Cap2.86B
P/E (TTM)16.55
Forward P/E36.10
EPS6.34
Dividend Yield3.81%
Beta0.33
50-Day Avg104.62
200-Day Avg123.20

About

The Marzetti Company engages in manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The Retail segment offers frozen garlic bread under the New York Bakery brand; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, Marzetti Simply, and Girard's brands; vegetable and fruit dips under the Marzetti brand; Japanese barbecue sauces and dips under the Bachan's brand; and croutons and toppings under the New York Bakery, Chatham Village, and Marzetti brands. Its Foodservice segment sells custom-formulated sauces, salad dressings, frozen breads, yeast rolls, and frozen pasta under the Marzetti, Sister Schubert's, and Marzetti Frozen Pasta brands, as well as private labels for chain restaurants. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. The company was formerly known as Lancaster Colony Corporation and changed its name to The Marzetti Company in June 2025. The Marzetti Company was founded in 1896 and is based in Westerville, Ohio.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. David A. Ciesinski
  • Employees3.50K
  • Headquarters380 Polaris Parkway, Westerville, OH, United States, 43082, USA
  • Websitehttps://www.marzetticompany.com

Leadership

  • Mr. David A. CiesinskiPresident, CEO & Director · b. 1967
  • Mr. Thomas K. Pigott CPAVP, Assistant Secretary & CFO · b. 1965
  • Mr. John B. Gerlach Jr.Executive Director · b. 1955
  • Ms. Kristin J. BirdPresident of Foodservice Division of T. Marzetti Company · b. 1971
  • Mr. Luis VisoExecutive Officer · b. 1960
  • Ms. Tanya BermanExecutive Officer · b. 1965
  • Mr. Dale N. GanobsikVice President of Corporate Finance, Investor Relations & Treasurer
  • Mr. Liam DurbinChief Information Officer
  • Mr. Matthew R. ShurteGeneral Counsel, Chief Ethics Officer & Secretary · b. 1968
  • Ms. Judi MondelloChief Research, Development & Quality Officer

Financials

Income Statement

Currency: USD1987-06-301988-06-301989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue429.60M453.40M492.20M504.90M500.50M555.80M630.60M721.70M795.10M855.90M922.80M1.01B1.05B1.10B1.10B1.13B1.11B1.10B1.13B1.18B1.09B980.91M1.05B1.06B1.09B1.13B1.17B1.04B1.10B1.19B1.20B1.22B1.31B1.33B1.47B1.68B1.82B1.87B1.91B1.93B
Growth (%)-+5.54%+8.56%+2.58%-0.87%+11.05%+13.46%+14.45%+10.17%+7.65%+7.82%+9.32%+3.66%+5.60%-0.52%+2.84%-2.03%-0.89%+3.15%+3.87%-7.16%-10.10%+7.19%+0.49%+3.16%+3.80%+3.05%-10.71%+6.09%+7.84%+0.90%+1.75%+6.94%+2.03%+9.94%+14.27%+8.72%+2.70%+2.00%+1.08%
Cost of Revenue291.20M307.30M337.60M344.70M330.30M359.40M405.70M467.20M524.50M567.60M605.10M651.80M768.04M817.20M836.93M876.12M862.94M873.27M912.00M868.12M897.60M823.57M836.00M786.28M847.52M765.51M769.10M792.51M846.82M891.48M883.06M919.42M981.59M976.35M1.08B1.32B1.43B1.44B1.45B1.45B
Gross Profit138.40M146.10M154.60M160.20M170.20M196.40M224.90M254.50M270.60M288.30M317.70M357.00M272.28M279.10M261.53M253.56M243.86M223.69M219.46M205.46M193.56M157.34M215.49M270.33M242.43M223.43M244.71M248.57M257.69M299.63M318.78M303.51M326.20M358.04M386.72M355.72M388.57M432.30M455.65M477.29M
Gross Margin32.22%32.22%31.41%31.73%34.01%35.34%35.66%35.26%34.03%33.68%34.43%35.39%26.04%25.27%23.81%22.45%22.03%20.39%19.40%17.48%17.74%16.04%20.49%25.58%22.24%19.75%20.99%23.88%23.33%25.16%26.52%24.82%24.94%26.83%26.36%21.22%21.32%23.10%23.87%24.73%
Operating Expense99.60M104.90M111.70M116.80M128.20M136.70M146.90M153.80M154.10M162.60M173.40M201.10M116.59M117.15M113.86M119.20M103.92M98.94M101.55M90.05M93.11M82.00M85.84M96.13M95.42M82.25M90.78M94.80M102.83M115.06M144.43M131.96M135.27M182.09M200.87M243.81M247.06M232.94M235.33M238.58M
Operating Income38.80M41.20M42.90M43.40M42.00M59.70M78.00M100.70M116.50M125.70M144.30M155.90M155.69M161.95M147.67M134.37M139.94M124.74M117.91M115.41M100.45M75.34M129.65M174.20M147.00M141.18M153.92M153.77M154.86M184.57M174.35M171.55M190.92M175.95M185.85M111.91M141.51M199.36M220.32M238.71M
Operating Margin9.03%9.09%8.72%8.60%8.39%10.74%12.37%13.95%14.65%14.69%15.64%15.45%14.89%14.67%13.44%11.89%12.64%11.37%10.42%9.82%9.21%7.68%12.33%16.49%13.49%12.48%13.20%14.77%14.02%15.50%14.51%14.03%14.60%13.19%12.67%6.68%7.76%10.65%11.54%12.37%
EBITDA53.70M57.70M60.70M62.20M61.80M80.90M99.80M123.10M139.20M150.10M171.30M188.50M191.29M196.29M183.20M169.66M176.50M157.07M153.30M145.06M131.35M100.73M160.09M195.67M165.94M161.45M174.04M174.17M175.97M208.72M200.42M200.50M208.24M215.05M225.87M189.50M217.69M270.13M287.59M315.18M
EBITDA Margin12.50%12.73%12.33%12.32%12.35%14.56%15.83%17.06%17.51%17.54%18.56%18.69%18.29%17.78%16.68%15.02%15.95%14.32%13.55%12.34%12.04%10.27%15.23%18.52%15.22%14.27%14.93%16.73%15.93%17.52%16.68%16.39%15.92%16.12%15.40%11.30%11.94%14.43%15.06%16.33%
Net Income17.20M21.80M21.90M16.10M21.20M32.40M46.20M59.90M70.50M76.10M88.70M96.10M95.13M99.26M89.24M91.94M112.55M80.00M93.09M82.95M45.68M37.62M89.09M114.97M106.36M95.81M109.25M74.99M101.69M121.76M115.31M135.31M150.55M136.98M142.33M89.59M111.29M158.61M167.35M191.61M
Net Income Margin4.00%4.81%4.45%3.19%4.24%5.83%7.33%8.30%8.87%8.89%9.61%9.53%9.10%8.99%8.12%8.14%10.17%7.29%8.23%7.06%4.19%3.84%8.47%10.88%9.76%8.47%9.37%7.20%9.21%10.22%9.59%11.06%11.51%10.27%9.70%5.34%6.11%8.47%8.77%9.93%
Interest Expense----------------------1.22M---105.00K488.00K309.00K--------001.76M
Interest Expense % of Total Revenue----------------------0.12%---0.01%0.05%0.03%--------0.00%0.00%0.09%

Balance Sheet

Currency: USD1987-06-301988-06-301989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets275.00M286.30M289.70M308.50M287.00M290.00M302.10M355.40M379.90M435.40M484.40M529.40M550.00M531.84M576.35M618.71M667.72M712.88M731.28M628.02M598.50M520.18M498.48M586.45M622.09M682.63M619.96M638.63M702.16M634.73M716.40M804.49M905.40M993.35M1.10B1.09B1.11B1.21B1.27B1.27B
Total Liabilities147.30M152.20M152.10M179.60M147.60M130.60M110.10M118.60M102.80M111.80M116.40M118.80M135.10M116.36M116.45M117.43M120.05M126.10M143.55M133.60M154.19M160.96M95.92M101.55M104.55M118.37M118.74M110.03M121.24M121.13M140.43M152.21M178.53M210.05M258.14M245.69M250.73M281.16M276.23M276.23M
Total Equity127.70M134.10M137.60M128.90M139.40M159.40M192.00M236.80M277.10M323.60M368.00M410.60M414.90M415.48M459.90M501.28M547.66M586.78M587.73M494.42M444.31M359.22M402.56M484.91M517.54M564.27M501.22M528.60M580.92M513.60M575.98M652.28M726.87M783.30M843.15M844.69M862.27M925.77M998.50M998.50M
Cash2.20M4.00M3.20M700.00K5.30M7.40M16.50M30.40M8.20M4.70M32.10M23.20M18.90M2.66M4.87M83.38M142.85M113.23M113.27M6.05M8.32M19.42M38.48M100.89M132.27M191.64M123.39M211.54M182.20M118.08M143.10M205.75M196.29M198.27M188.06M60.28M88.47M163.44M161.48M161.48M
Total Debt84.20M90.00M90.90M106.20M86.60M55.60M36.40M34.20M32.80M31.80M31.20M29.60M29.10M11.82M7.54M-----42.50M55.00M-----------26.81M33.27M36.23M29.99M57.67M55.55M55.55M
Net Debt82.00M86.00M87.70M105.50M81.30M48.20M19.90M3.80M24.60M27.10M-900.00K6.40M10.20M9.17M2.67M-83.38M-142.85M-113.23M-113.27M-6.05M34.18M35.58M-38.48M-100.89M-132.27M-191.64M-123.39M-211.54M-182.20M-118.08M-143.10M-205.75M-196.29M-171.46M-154.78M-24.05M-58.49M-105.78M-105.92M-105.92M

Cash Flow

Currency: USD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow33.70M34.90M49.60M67.30M61.70M61.10M46.70M84.50M113.50M120.00M126.50M128.44M126.21M160.32M155.99M119.69M116.68M97.02M94.16M93.32M133.16M107.69M147.45M122.45M131.68M129.09M132.77M142.59M144.35M160.71M197.60M170.77M174.19M101.81M225.90M251.55M261.50M283.82M
Investing Cash Flow-16.90M-25.10M-15.60M-21.90M-19.90M-30.10M-37.20M-49.10M-41.10M-70.20M-39.50M-28.74M-74.54M-26.16M-37.16M-42.03M-34.16M-25.39M-33.01M27.15M-10.97M-14.10M-35.76M-16.60M-22.38M8.47M-112.33M-17.42M-60.61M-31.45M-126.86M-83.27M-88.98M-132.24M-90.78M-67.43M-148.21M-470.04M
Financing Cash Flow-17.60M-12.30M-29.50M-43.20M-32.60M-17.10M-31.70M-39.00M-44.90M-58.70M-91.40M-115.92M-49.44M-55.68M-59.36M-42.03M-82.47M-178.85M-58.87M-109.37M-103.12M-31.18M-80.32M-46.48M-177.55M-49.41M-49.78M-189.28M-58.72M-66.61M-80.20M-85.52M-95.43M-97.34M-106.93M-109.15M-115.26M49.84M
Capital Expenditure18.30M23.90M13.50M17.00M18.90M28.90M36.80M50.20M37.50M64.60M35.90M24.56M22.63M22.55M29.94M18.17M22.68M61.97M55.82M16.83M11.34M12.83M35.34M16.35M24.15M15.96M18.30M16.67M27.00M31.02M70.88M82.64M87.86M131.97M90.18M67.58M58.00M77.68M
Free Cash Flow15.40M11.00M36.10M50.30M42.80M32.20M9.90M34.30M76.00M55.40M90.60M103.88M103.58M137.78M126.04M101.52M93.99M35.05M38.34M76.48M121.83M94.86M112.11M106.10M107.53M113.13M114.47M125.91M117.35M129.69M126.72M88.13M86.32M-30.16M135.72M183.98M203.50M206.14M
Dividends Paid8.60M8.80M9.10M9.90M11.30M13.40M16.50M19.60M21.10M23.30M24.60M24.75M25.18M26.13M28.15M31.77M34.05M101.76M33.70M32.58M31.85M33.43M35.70M38.46M178.06M46.99M49.78M190.55M58.98M64.53M70.11M75.64M81.23M86.76M92.37M97.93M103.50M108.76M
FCF to OCF45.70%31.52%72.78%74.74%69.37%52.70%21.20%40.59%66.96%46.17%71.62%80.88%82.07%85.94%80.81%84.82%80.56%36.13%40.71%81.96%91.49%88.08%76.03%86.65%81.66%87.64%86.22%88.31%81.29%80.70%64.13%51.61%49.56%-29.62%60.08%73.14%77.82%72.63%
Dividend Paid to FCF55.84%80.00%25.21%19.68%26.40%41.61%166.67%57.14%27.76%42.06%27.15%23.82%24.31%18.96%22.34%31.29%36.23%290.33%87.90%42.59%26.15%35.24%31.84%36.25%165.59%41.53%43.48%151.33%50.26%49.76%55.33%85.84%94.10%-287.68%68.06%53.23%50.86%52.76%

Earnings

Report DateSep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Nov 1, 2001Feb 1, 2002May 1, 2002Jun 30, 2002Nov 1, 2002Jan 30, 2003May 1, 2003Aug 21, 2003Oct 30, 2003Jan 29, 2004Apr 29, 2004Aug 19, 2004Oct 28, 2004Jan 28, 2005Apr 29, 2005Aug 18, 2005Oct 28, 2005Jan 30, 2006Apr 28, 2006Aug 17, 2006Oct 30, 2006Jan 31, 2007May 1, 2007Aug 17, 2007Oct 29, 2007Jan 31, 2008May 1, 2008Aug 21, 2008Oct 29, 2008Jan 29, 2009Apr 30, 2009Aug 20, 2009Oct 29, 2009Jan 28, 2010Apr 29, 2010Aug 19, 2010Oct 28, 2010Jan 27, 2011Apr 28, 2011Aug 18, 2011Oct 27, 2011Jan 26, 2012Apr 26, 2012Aug 23, 2012Oct 25, 2012Jan 31, 2013Apr 25, 2013Aug 22, 2013Oct 31, 2013Jan 31, 2014May 1, 2014Aug 21, 2014Oct 30, 2014Jan 29, 2015Apr 30, 2015Aug 20, 2015Oct 29, 2015Jan 28, 2016Apr 28, 2016Aug 18, 2016Oct 27, 2016Jan 26, 2017Apr 27, 2017Aug 17, 2017Oct 26, 2017Jan 25, 2018Apr 26, 2018Aug 23, 2018Oct 25, 2018Jan 31, 2019Apr 25, 2019Aug 27, 2019Nov 4, 2019Feb 4, 2020May 5, 2020Aug 27, 2020Nov 4, 2020Feb 4, 2021May 4, 2021Aug 26, 2021Nov 3, 2021Feb 3, 2022May 5, 2022Aug 25, 2022Nov 3, 2022Feb 2, 2023May 4, 2023Aug 23, 2023Nov 2, 2023Feb 1, 2024May 2, 2024Aug 22, 2024Oct 31, 2024Feb 4, 2025Apr 30, 2025Aug 21, 2025Nov 4, 2025Feb 3, 2026May 4, 2026Aug 25, 2026Nov 3, 2026
EPS Estimate------------0.570.780.51-0.640.720.52-0.610.750.50-0.510.690.55-0.590.660.49-0.540.590.44-0.460.610.44-0.370.480.49-0.831.020.86-0.891.090.80-0.771.140.76-0.941.250.81-1.031.210.840.990.831.280.740.850.911.350.821.031.111.361.051.121.111.291.081.091.271.481.211.291.241.581.090.881.601.571.201.311.631.741.031.661.141.670.931.291.611.651.401.381.671.941.581.311.702.231.571.401.37
EPS Actual0.480.670.530.610.560.830.510.610.570.780.520.510.550.710.520.690.560.630.500.610.520.670.440.490.510.610.490.600.530.670.360.700.430.550.450.020.520.670.30-0.090.390.820.761.011.011.410.860.810.811.230.711.060.781.110.670.950.981.280.800.930.911.440.690.760.831.200.751.011.011.251.061.121.221.420.951.041.071.281.001.181.421.471.111.091.581.720.821.251.221.621.051.431.371.240.301.661.621.450.891.191.591.871.371.341.621.781.491.181.742.201.331.461.14
Surprise-------------3.51%-8.97%1.96%--12.50%-12.50%-3.85%--14.75%-10.67%-12.00%-0.00%-11.59%-10.91%--10.17%1.52%-26.53%--20.37%-6.78%2.27%-13.04%9.84%-31.82%-5.41%70.83%55.10%-21.69%38.24%0.00%--8.99%12.84%-11.25%-1.30%-2.63%-11.84%-4.26%2.40%-1.23%--11.65%19.01%-17.86%-23.23%0.00%-6.25%1.35%18.82%10.99%-7.41%29.27%8.74%9.91%4.41%-9.52%-7.14%-3.60%-0.78%-7.41%8.26%11.81%-0.68%-8.26%-15.50%27.42%8.86%-24.77%42.05%-23.75%3.18%-12.50%9.16%-15.95%-28.74%-70.87%0.00%42.11%-13.17%-4.30%-7.75%-1.24%13.33%-2.14%-2.90%-2.99%-8.25%-5.70%-9.92%2.35%-1.35%-15.29%4.29%-16.79%
Timing------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market--Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.86B
Enterprise Value3.07B
Trailing P/E16.55
Forward P/E36.10
PEG Ratio3.12
Price / Sales1.49
Price / Book2.72
EPS6.34
Book Value38.60
Revenue (TTM)1.92B
Gross Profit (TTM)469.24M
EBITDA290.00M
Profit Margin9.06%
Operating Margin8.61%
Return on Equity16.78%
Return on Assets9.21%
Shares Outstanding27.24M
Shares Float19.46M
Beta0.33
Dividend Yield3.81%
Dividend Rate4.00
Payout Ratio65.25%

Analyst Ratings

Buy
Based on 5 analystsTarget 142.60
  • Strong Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
71.35%
Insiders
29.37%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    2.74M10.07%
  • Vanguard Portfolio Management, LLC
    1.38M5.08%
  • AQR Capital Management LLC
    1.27M4.67%
  • State Street Corp
    1.05M3.85%
  • First Trust Advisors L.P.
    997.96K3.66%
  • Vanguard Capital Management, LLC
    878.72K3.23%
  • Dimensional Fund Advisors, Inc.
    853.60K3.13%
  • Charles Schwab Investment Management Inc
    829.61K3.05%
  • Geode Capital Management, LLC
    712.65K2.62%
  • The Goldman Sachs Group Inc
    698.46K2.56%
  • Morgan Stanley - Brokerage Accounts
    375.92K1.38%
  • Renaissance Technologies Corp
    327.58K1.20%
  • London Company of Virginia
    310.25K1.14%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    699.88K2.57%
  • Vanguard MStar Total Stk Mkt Idx Invest
    615.19K2.26%
  • Schwab US Dividend Equity ETF™
    554.69K2.04%
  • iShares Russell 2000 ETF
    506.91K1.86%
  • First Trust SMID Cp Rising Div Achv ETF
    497.34K1.83%
  • Vanguard Small Cap Index
    430.19K1.58%
  • First Trust Value Line® Dividend ETF
    304.17K1.12%

Dividends

20263×
1.00Sep 8, 20261.00Jun 5, 20261.00Mar 6, 2026
20254×
1.00Dec 5, 20250.95Sep 8, 20250.95Jun 6, 20250.95Mar 7, 2025
20244×
0.95Dec 5, 20240.90Sep 9, 20240.90Jun 7, 20240.90Mar 6, 2024
20234×
0.90Dec 1, 20230.85Sep 7, 20230.85Jun 8, 20230.85Mar 8, 2023
20224×
0.85Dec 2, 20220.80Sep 8, 20220.80Jun 8, 20220.80Mar 8, 2022
20214×
0.80Dec 3, 20210.75Sep 9, 20210.75Jun 8, 20210.75Mar 8, 2021
20201×
0.75Dec 4, 2020

Stock Splits

  • Jan 28, 19983:2
  • Jul 21, 19944:3
  • Apr 16, 19934:3
  • May 1, 19923:2
  • Jul 29, 19865:4
  • Jan 5, 19833:2