Marzetti Co (MZTI) financial statements: income statement, balance sheet and cash flow

Marzetti Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 30, 2026 · FY), Marzetti Co reported revenue of $1.9B (+1.1% year on year) and net income of $191.6M (+14.5% year on year).

Income statement

Marzetti Co income statement, fiscal years

Line item	Jun 30, 2026 · FY	Jun 30, 2025 · FY	Jun 30, 2024 · FY	Jun 30, 2023 · FY
Net Sales	$1.9B	$1.9B	$1.9B	$1.8B
Cost of Sales	$1.5B	$1.5B	$1.4B	$1.4B
Gross Profit	$477.3M	$455.6M	$432.3M	$388.6M
Selling, General and Administrative Expenses	$254.6M	$230.2M	$218.1M	$222.1M
Restructuring, Impairment and Other, Net	($16.0M)	$5.1M	$14.9M	$25.0M
Operating Income	$238.7M	$220.3M	$199.4M	$141.5M
Interest Expense	($1.8M)	—	—	—
Pension Settlement Charge	$0	($14.0M)	—	—
Other, Net	$5.0M	$7.1M	$6.2M	$1.8M
Income Before Income Taxes	$242.0M	$213.5M	$205.5M	$143.3M
Taxes Based on Income	$50.4M	$46.1M	$46.9M	$32.0M
Net Income	$191.6M	$167.3M	$158.6M	$111.3M
Basic (in dollars per share)	$6.98	$6.08	$5.77	$4.04
Diluted (in dollars per share)	$6.98	$6.07	$5.76	$4.04
Basic (in shares)	27.4M	27.5M	27.4M	27.5M
Diluted (in shares)	27.4M	27.5M	27.5M	27.5M

Marzetti Co income statement, quarters

Line item	Mar 31, 2026 · Q3	Dec 31, 2025 · Q2	Sep 30, 2025 · Q1	Mar 31, 2025 · Q3
Net Sales	$453.4M	$518.0M	$493.5M	$457.8M
Cost of Sales	$346.2M	$380.7M	$374.7M	$351.9M
Gross Profit	$107.2M	$137.3M	$118.8M	$106.0M
Selling, General and Administrative Expenses	$61.4M	$60.4M	$58.4M	$56.1M
Restructuring, Impairment and Other, Net	($800.0K)	$1.7M	$1.1M	$0
Operating Income	$46.6M	$75.2M	$59.3M	$49.9M
Pension Settlement Charge	$0	$0	—	$0
Other, Net	$1.7M	$1.2M	$1.5M	$2.0M
Income Before Income Taxes	$48.3M	$76.3M	$60.8M	$51.8M
Taxes Based on Income	$11.3M	$17.3M	$13.6M	$10.7M
Net Income	$37.1M	$59.1M	$47.2M	$41.1M
Basic (in dollars per share)	$1.35	$2.15	$1.71	$1.49
Diluted (in dollars per share)	$1.35	$2.15	$1.71	$1.49
Basic (in shares)	27.4M	27.4M	27.5M	27.5M
Diluted (in shares)	27.4M	27.4M	27.5M	27.5M

Balance sheet

Marzetti Co balance sheet, fiscal years

Line item	Jun 30, 2026 · FY	Jun 30, 2025 · FY	Jun 30, 2024 · FY	Jun 30, 2023 · FY
Cash and equivalents	$25.1M	$161.5M	$163.4M	$88.5M
Receivables	$105.5M	$95.8M	$95.6M	$115.0M
Raw materials	$44.6M	$42.5M	$38.2M	$40.8M
Finished goods	$160.4M	$126.8M	$135.0M	$117.5M
Total inventories	$205.1M	$169.3M	$173.3M	$158.3M
Other current assets	$25.3M	$17.0M	$11.7M	$12.8M
Total current assets	$361.0M	$443.6M	$444.0M	$374.5M
Property, plant and equipment-gross	$1.0B	$968.0M	$877.5M	$853.7M
Less accumulated depreciation	$477.2M	$433.5M	$399.8M	$371.5M
Property, plant and equipment-net	$551.6M	$534.5M	$477.7M	$482.2M
Goodwill	$500.5M	$222.8M	$208.4M	$208.4M
Other intangible assets-net	$125.4M	—	$0	$4.8M
Operating lease right-of-use assets	$42.6M	$52.2M	$55.1M	$24.7M
Other noncurrent assets	$24.0M	$21.6M	$21.7M	$18.4M
Accounts payable	$156.8M	$118.0M	$118.8M	$111.8M
Accrued liabilities	$64.8M	$68.3M	$65.2M	$57.0M
Current portion of long-term debt	$10.0M	—	—	—
Total current liabilities	$231.5M	$186.3M	$184.0M	$168.8M
Long-Term Debt	$189.3M	—	—	—
Noncurrent Operating Lease Liabilities	$35.0M	$42.7M	$44.6M	$17.0M
Other Noncurrent Liabilities	$19.4M	$13.1M	$15.4M	$17.7M
Deferred Income Taxes	$76.7M	$34.1M	$37.3M	$47.3M
Common stock-authorized 75,000,000 shares; outstanding-June 30, 2026-27,291,221 shares; June 30, 2025-27,533,599 shares	169.0M	160.9M	153.6M	143.9M
Retained earnings	$1.7B	$1.6B	$1.6B	$1.5B
Accumulated other comprehensive income	$957.0K	$961.0K	($8.6M)	($9.4M)
Common stock in treasury, at cost	($828.1M)	($791.8M)	($783.8M)	($776.2M)
Total shareholders' equity	$1.1B	$998.5M	$925.8M	$862.3M
Total	$1.6B	$1.3B	$1.2B	$1.1B

Marzetti Co balance sheet, quarters

Line item	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Mar 31, 2025
Cash and equivalents	$218.4M	$201.6M	$182.2M	$124.6M
Receivables	$98.3M	$103.8M	$101.8M	$106.9M
Raw materials	$43.5M	$45.9M	$43.7M	$49.3M
Finished goods	$131.7M	$116.6M	$130.3M	$141.8M
Total inventories	$175.3M	$162.6M	$174.0M	$191.1M
Other current assets	$21.9M	$23.5M	$41.3M	$17.1M
Total current assets	$513.9M	$491.4M	$499.3M	$439.7M
Property, plant and equipment-gross	$1.0B	$993.1M	$991.1M	$970.2M
Less accumulated depreciation	$465.0M	$452.3M	$449.3M	$432.3M
Property, plant and equipment-net	$546.4M	$540.8M	$541.8M	$537.9M
Goodwill	$222.8M	$222.8M	$222.8M	$223.5M
Operating lease right-of-use assets	$46.1M	$49.0M	$51.3M	$53.8M
Other noncurrent assets	$26.8M	$24.8M	$23.2M	$21.8M
Accounts payable	$134.6M	$123.4M	$135.5M	$121.1M
Accrued liabilities	$64.3M	$57.3M	$66.0M	$65.3M
Total current liabilities	$198.9M	$180.7M	$201.5M	$186.4M
Noncurrent Operating Lease Liabilities	$37.2M	$38.8M	$41.0M	$41.8M
Other Noncurrent Liabilities	$21.0M	$21.4M	$21.2M	$14.5M
Deferred Income Taxes	$54.2M	$55.2M	$56.0M	$37.7M
Common stock-authorized 75,000,000 shares; outstanding-March 31, 2026-27,422,381 shares; June 30, 2025-27,533,599 shares	166.5M	164.1M	161.4M	158.5M
Retained earnings	$1.7B	$1.7B	$1.6B	$1.6B
Accumulated other comprehensive income	$916.0K	$931.0K	$946.0K	$964.0K
Common stock in treasury, at cost	($813.0M)	($813.0M)	($793.0M)	($785.4M)
Total shareholders' equity	$1.0B	$1.0B	$1.0B	$996.2M
Total	$1.4B	$1.3B	$1.3B	$1.3B

Cash flow statement

Marzetti Co cash flow statement, fiscal years

Line item	Jun 30, 2026 · FY	Jun 30, 2025 · FY	Jun 30, 2024 · FY	Jun 30, 2023 · FY
Net income	$191.6M	$167.3M	$158.6M	$111.3M
Depreciation and amortization	$71.4M	$62.2M	$55.9M	$51.2M
Deferred income taxes and other changes	$31.4M	$495.0K	($6.5M)	$9.5M
Stock-based compensation expense	$10.2M	$9.0M	$11.4M	$9.1M
Restructuring and impairment charges	$592.0K	$5.1M	$13.7M	$25.0M
Gain on sale of property	($18.5M)	$0	($22.0K)	($209.0K)
Pension plan activity	$0	$14.3M	$416.0K	($4.0K)
Receivables	($835.0K)	($257.0K)	$19.4M	$20.5M
Inventories	($26.7M)	$8.0M	($15.0M)	($13.6M)
Other current assets	($5.6M)	($3.3M)	($637.0K)	($1.5M)
Accounts payable and accrued liabilities	$30.3M	($1.3M)	$14.4M	$14.6M
Net cash provided by operating activities	$283.8M	$261.5M	$251.6M	$225.9M
Payments for property additions	($77.7M)	($58.0M)	($67.6M)	($90.2M)
Cash paid for acquisitions, net of cash acquired	($399.3M)	($78.8M)	—	—
Proceeds from sale of property	$20.3M	$0	$7.0M	$1.2M
Other-net	($13.4M)	($11.4M)	($6.8M)	($1.8M)
Net cash used in investing activities	($470.0M)	($148.2M)	($67.4M)	($90.8M)
Proceeds from debt, net of debt issuance costs	$224.1M	—	—	—
Repayments of debt	($25.0M)	—	—	—
Payment of dividends	($108.8M)	($103.5M)	($97.9M)	($92.4M)
Purchase of treasury stock	($36.3M)	($8.0M)	($7.6M)	($9.2M)
Tax withholdings for stock-based compensation	($2.1M)	($1.7M)	($1.6M)	($3.0M)
Principal payments for finance leases	($2.1M)	($2.1M)	($2.0M)	($2.3M)
Net cash provided by (used in) financing activities	$49.8M	($115.3M)	($109.2M)	($106.9M)
Net change in cash and equivalents	($136.4M)	($2.0M)	$75.0M	$28.2M
Cash and equivalents at beginning of year	$161.5M	$163.4M	$88.5M	$60.3M
Cash and equivalents at end of year	$25.1M	$161.5M	$163.4M	$88.5M

Marzetti Co cash flow statement, quarters

Line item	Mar 31, 2026 · YTD	Dec 31, 2025 · YTD	Sep 30, 2025 · Q1	Mar 31, 2025 · YTD
Net income	$143.3M	$106.3M	$47.2M	$134.8M
Depreciation and amortization	$51.8M	$34.2M	$16.7M	$45.1M
Deferred income taxes and other changes	$25.5M	$24.0M	$23.0M	$887.0K
Stock-based compensation expense	$7.7M	$5.3M	$2.6M	$6.5M
Restructuring and impairment charges	$1.4M	$1.4M	$1.1M	$0
Pension plan activity	$0	$0	$0	$14.3M
Receivables	($2.5M)	($8.0M)	($6.0M)	($11.3M)
Inventories	($6.0M)	$6.7M	($4.7M)	($13.8M)
Other current assets	($6.0M)	($7.2M)	($24.6M)	($5.4M)
Accounts payable and accrued liabilities	$13.4M	($4.6M)	$14.2M	$2.4M
Net cash provided by operating activities	$228.7M	$158.1M	$69.5M	$173.3M
Payments for property additions	($54.6M)	($33.3M)	($15.6M)	($43.7M)
Cash paid for acquisition	$0	—	—	($78.8M)
Proceeds from sale of property	$705.0K	$705.0K	—	$0
Other-net	($10.7M)	($7.2M)	($3.2M)	($7.7M)
Net cash used in investing activities	($64.5M)	($39.8M)	($18.8M)	($130.3M)
Payment of dividends	($81.4M)	($53.9M)	($26.3M)	($77.3M)
Purchase of treasury stock	($21.2M)	($21.2M)	($1.1M)	($1.5M)
Tax withholdings for stock-based compensation	($2.1M)	($2.1M)	($2.1M)	($1.6M)
Principal payments for finance leases	($1.6M)	($1.0M)	($485.0K)	($1.5M)
Other	($912.0K)	—	—	—
Net cash used in financing activities	($107.2M)	($78.2M)	($30.0M)	($81.9M)
Net change in cash and equivalents	$57.0M	$40.1M	$20.7M	($38.9M)
Cash and equivalents at beginning of year	$161.5M	$161.5M	$161.5M	$163.4M
Cash and equivalents at end of period	$218.4M	$201.6M	$182.2M	$124.6M
Net cash payments for income taxes	$24.8M	$13.7M	$12.9M	$42.2M

Marzetti Co score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.