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The Marzetti (MZTI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

The Marzetti
NasdaqGS•Consumer Defensive•Packaged Foods
$102.96+1.62(0.02%)Pre-market
Market Cap
$2.77B
P/E
14.4x
P/S
1.4x
P/B
2.6x

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.

A

How this company scores

ExcellentMetricSide Score: 81/100

Strongest: Profitability (23/25); weakest: Growth (17/25).

Profitability23/25
Growth17/25
Balance Sheet & Red Flags20/25
Cash & Earnings Quality21/25
Strengths
High ROELow leverageInterest easily coveredCash-backed earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.4x5y range 14.4x – 53.1x
P/E 14.4x · below its 20-quarter median

Currently below its 20-quarter median.

P/S · 1.4x5y range 1.4x – 3.1x
P/S 1.4x · below its 20-quarter median

Currently below its 20-quarter median.

P/B · 2.6x5y range 2.6x – 6.3x
Price & Volume
Market Cap $2.77B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$1.93B
2Q
Q. Revenue
$465.03M
2%
TTM EBITDA
$310.16M
2Q
TTM Op. Income
$238.71M
8%
Q. Op. Income
$57.69M
48%
TTM Net Income
$191.61M
14%
Q. Net Income
$48.29M
48%
EPS
$1.765
49%
Shares Out.
$27.32M
5Q
$1.93B in TTM revenue grew 1.1% YoY, reaching $465.03M last quarter. TTM EBITDA of $310.16M and TTM operating income of $238.71M show growth is flowing through to the bottom line. TTM net income of $191.61M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
24.5%
10%
EBITDA Margin
16.6%
9%
Op. Margin
12.4%
52%
Net Margin
10.4%
52%
Op. margin of 12.4% is up 4.2% YoY — cost efficiency is improving. Net margin at 10.4% and gross margin of 24.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 52% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
14.4x
7Q
P/S Ratio
1.4x
5Q
P/B Ratio
2.6x
7Q
At 14.4x P/E, the stock trades below typical market levels. P/S of 1.4x and P/B of 2.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 7 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$1.61B
2Q
Cash
$25.10M
84%
Long-Term Debt
$199.28M
Book Value
$1.05B
7Q
D/E Ratio
0.2
Debt/EBITDA
2.6
With $1.61B in assets and $199.28M in long-term debt, D/E is 0.2and book value is $1.05B — a conservative capital structure with a cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$55.16M
2Q
TTM Free Cash Flow
$206.14M
1%
FCF Margin
10.7%
0%
FCF / Net Income
1.1
12%
TTM FCF of $206.14M on $55.16M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 1% — a weakening trend.

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· below its 20-quarter median

Currently below its 20-quarter median.