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Maker of salad dressings, frozen dinner rolls, croutons and dips sold under the Marzetti and related brands.
Maker of salad dressings, frozen dinner rolls, croutons and dips sold under the Marzetti and related brands.
Sells to grocery shelves, where brands compete with private label, and to restaurant chains as foodservice supplier. It licenses restaurant names such as Olive Garden for supermarket dressings, which adds branded sales.
Moat: narrow (brand, distribution). Long-standing category-leading brands in dressings and frozen bread with strong retail shelf presence.
Headquarters: Columbus, Ohio, US · Employees: 3,500
Size Marzetti (MZTI) is a United States Consumer Staples company (Food: Specialty/Candy) with a market value of $2.86B, the 1581st largest of 3,117 United States companies the cockpit tracks. Shares closed at $104.93 on 6 Nov 2026.
Performance Over six months the shares fell 7.7%, against +2.4% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +8.4%); the operating margin is 10.6% (peer median 8.9%).
Valuation It trades at 15.6× forward earnings against a peer median of 20.4× (7th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.2 points above its cost of capital (6.5% WACC).
Short interest Short interest is 7.5% of the free float (15 Oct 2026).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $1.92B | $1.93B | $1.91B | $1.87B | $1.82B |
| Revenue growth | — | +1% | +2% | +3% | — |
| Gross profit | $465M | $476M | $456M | $432M | $386M |
| EBITDA | $279M | $294M | $288M | $270M | $218M |
| Net income | $173M | $191M | $167M | $158M | $111M |
| Free cash flow | $185M | $206M | $203M | $184M | $136M |
| Capital expenditure | $79.9M | $77.7M | $58.0M | $67.6M | $90.2M |
| Total debt | $230M | $254M | $55.6M | $57.7M | $30.0M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Marzetti MZTI | $2.86B | -8% | -1% | 11% | 15.6× | -2.4% |
| Kraft Heinz KHC | $29.2B | +5% | -2% | 17% | 12.5× | -3.9% |
| Conagra Brands CAG | $7.28B | +8% | -2% | 11% | 10.6× | -4.9% |
| Campbell's CPB | $6.90B | +11% | -5% | 11% | 13.7× | -3.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MZTI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.7% | +4.1% | 10th lowest of 21 |
| 6-month return | -7.7% | +2.4% | 9th lowest of 21 |
| Distance from 52-week high | -40.5% | -15.5% | 5th lowest of 21 |
| Revenue growth (TTM) | -0.9% | +8.4% | 4th lowest of 21 |
| Operating margin | 10.6% | 8.9% | 9th highest of 21 |
| Forward P/E | 15.6× | 20.4× | 7th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -2.4% | 6.8% | 2nd least demanding of 17 |
| Growth delivered (Del g) | +5.6% | +9.1% | 6th lowest of 17 |
| Hurdle (Req g minus delivered) | -8.0 pp | -4.4 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +6.2 pp | +2.3 pp | 6th highest of 21 |
| EV / EBITDA | 11.0× | 11.3× | 8th cheapest of 16 |
| Net debt / EBITDA | 0.8× | 0.4× | 7th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Marzetti MZTI | United States | $2.86B | -8% | -1% | 11% | 15.6× | -2.4% | +5.6% |
| Kotobuki Spirits 2222.T | Japan | $2.81B | +41% | +10% | 25% | 29.3× | 5.2% | +27.7% |
| Tootsie Roll Industries TR | United States | $2.92B | -8% | +2% | 12% | n/a | 14.1% | +9.2% |
| MeiHua 600873.SS | China | $2.99B | -27% | -3% | 4% | 14.5× | n/a | n/a |
| Freshpet FRPT | United States | $3.09B | +21% | +12% | 9% | 34.9× | 28.5% | +28.2% |
| House Foods 2810.T | Japan | $2.58B | +49% | 0% | 6% | 27.2× | 5.0% | +4.9% |
| Suedzucker SZU.DE | Germany | $2.57B | -5% | -5% | -3% | 34.2× | 0.7% | +4.6% |
| Greggs GRG.L | United Kingdom | $3.20B | +42% | +7% | 9% | 18.1× | 10.5% | +21.5% |
| Greencore GNC.L | United Kingdom | $3.23B | +31% | +26% | 6% | 14.3× | 22.4% | +9.0% |
| Tate & Lyle TATE.L | United Kingdom | $3.34B | +53% | +16% | 9% | 15.2× | 10.8% | +10.6% |
| Orion 271560.KS | South Korea | $3.45B | -18% | +11% | 17% | 9.9× | -17.1% | +8.4% |
| Lotus 600186.SS | China | $2.37B | -18% | +21% | 13% | 35.2× | n/a | n/a |
| CALBEE 2229.T | Japan | $2.37B | +7% | +5% | 8% | 22.0× | -1.8% | +5.0% |
| Jinan Shengquan Group Share 605589.SS | China | $3.46B | -30% | +12% | 8% | 19.7× | n/a | n/a |
| Kanematsu 8020.T | Japan | $2.35B | +2% | +4% | 5% | 9.6× | -2.4% | +10.5% |
| Premier Foods PFD.L | United Kingdom | $2.34B | +3% | +2% | 18% | 12.6× | -1.3% | +4.4% |
| Ashland ASH | United States | $3.51B | +39% | +2% | 7% | 18.0× | 12.3% | -2.5% |
| Yantai North Andre Juice 605198.SS | China | $2.31B | +16% | -17% | 18% | 66.5× | 36.8% | +14.8% |
| Vita Coco COCO | United States | $3.56B | -13% | +26% | 20% | 30.2× | 8.4% | +14.4% |
| Gambol Pet 301498.SZ | China | $2.25B | -32% | +14% | 7% | 43.6× | n/a | n/a |
| Sichuan Teway Food 603317.SS | China | $2.24B | -18% | +22% | 21% | 20.4× | 2.9% | +7.8% |