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Companies $MZTI
$107.81 -$1.22 (1.12%) Close
The Marzetti Company logo

The Marzetti Company

marzetticompany.com

What Do They Do?

Makes and sells dressings, sauces, breads and dips for grocery retailers and restaurant chains.

How Do They Make Money?

Customers order food products by purchase order; sales take place when products are delivered or picked up, and payment terms usually include early-pay discounts.

revenue
SegmentShareRevenue
Retail
Sold outright

52%
FY2023: 53%
Foodservice
Sold outright

48%
FY2023: 47%

Who Are Their Customers?

Retail products move through sales personnel, brokers and distributors to grocery stores. Foodservice sales are mainly private-label products for national chain restaurants, often sold to distributors that supply those chains.

Customers above 10% of revenue, FY2026
of revenue from one customer
FY2024: 28% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 10 cents of every revenue dollar as net income in FY2026 and turned 11 cents into free cash flow.

Operating income, FY2026
12% of revenue
▲ +8% vs FY2025 ($220.3M, 12%)
Net income, FY2026
10% of revenue
▲ +14% vs FY2025 ($167.3M, 9%)
Free cash flow, FY2026
11% of revenue
▲ +1% vs FY2025 ($203.5M, 11%)

How Are They Changing?

Growing. Revenue grew 15% in 4 years, from $1.7B in FY2022 to $1.9B in FY2026, about 4% a year.

Revenue over time
Retail Foodservice
$2B$1B$0

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