The Marzetti Company (MZTI)
Fair ValueFundamental
70
Price
$109.13
Market Cap
$2.85B
Part 1 · What the company is worth
Overview
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.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$1.93B
Trailing 12 months (through 6/30/2026)
Net Income
$192M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$206M
Total Equity
$1.05B
Total Liabilities
$552M
Current Ratio
1.56
Interest Coverage
135.40
Debt/EBITDA
0.82
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$127.13
Current Price
$109.13
Margin of Safety
+14.2%
Fair Value Range
$98.22 - $156.05
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
15.63
ROE
18.2%
P/B Ratio
2.83
P/FCF
14.45
Gross Margin
24.7%
ROIC
13.7%
Profitability Radar
Value Creation (Economic Moat)
ROIC
13.7%
WACC
7.4%
ROIC − WACC
+6.3 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (17)
- EPS shows upward trend
- ROIC 13.7%
- P/FCF 14.45
- P/B ratio 2.83
- Debt/equity ratio
- Operating margin 12.4%
- Positive free cash flow
- Current ratio
- Interest coverage
- Debt/EBITDA
- Return on tangible assets
- ROE 18.5%
- Revenue growth 5Y 5.6%
- Earnings quality (operating cash flow / net income) 1.48
- Share dilution -0.4%
- Net margin trend 9.9% vs 8.8%
- Piotroski F-Score 5/9
Failed (9)
- EPS CAGR 4.75%
- Price CAGR -2.98%
- Gross margin 24.7%
- CapEx intensity
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings surprise, average -3.4%
- PEG ratio 2.40
Unavailable (1)
- Dividend payout –
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
No institutional filings reported for this company.
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. David A. Ciesinski | President, CEO & Director | 58 |
| Mr. John B. Gerlach Jr. | Executive Director | 70 |
| Ms. Tanya Berman | Executive Officer | 60 |
| Mr. Dale N. Ganobsik | Vice President of Corporate Finance, Investor Relations & Treasurer | - |
| Mr. Liam Durbin | Chief Information Officer | - |
| Mr. Matthew R. Shurte | General Counsel, Chief Ethics Officer & Secretary | 57 |
| Ms. Judi Mondello | Chief Research, Development & Quality Officer | - |
| Ms. Helena Josue | Chief Human Resources Officer | - |
| Mr. Mark Carter | Chief Supply Chain Officer | - |
Audit Risk
5
Board Risk
2
Compensation Risk
2
Shareholder Rights Risk
9
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-08-25
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-05-04
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-10-09
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much MZTI moves, measured on its daily prices.
More volatile than 43% of the tracked stocks (90-day volatility).
- Volatility 30d
- 28.9%
- Volatility 90d
- 33.5%
- Beta vs S&P 500 (1y)
- -0.13Correlation -0.06
- Max drawdown (12m)
- -43.0%
- ATR (14d, % of price)
- 2.84%
Earnings reactions
How MZTI moved around its past quarterly results.
Next earnings release
Nov 3, 2026 · In 10 days · Before the open
EPS estimate: 1.37Revenue estimate: $484M
What usually happens
- Over the last 12 releases the stock moved a median of 7.1% the next day, up or down.
- Next-day moves: up 5, down 7 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Aug 25, 2026 | During the session | 1.42 | 1.46 | +2.6% | +2.7% | +1.4% | -2.7% |
| May 4, 2026 | During the session | 1.57 | 1.32 | -16.1% | -3.0% | -6.6% | -8.6% |
| Feb 3, 2026 | During the session | 2.26 | 2.22 | -1.9% | -5.1% | -7.7% | -11.2% |
| Nov 4, 2025 | During the session | 1.73 | 1.76 | +1.8% | +1.3% | +9.4% | +9.0% |
| Aug 21, 2025 | During the session | 1.37 | 1.18 | -13.7% | -2.0% | -0.2% | +1.9% |
| Apr 30, 2025 | During the session | 1.62 | 1.49 | -8.1% | -17.0% | -15.6% | -16.3% |
| Feb 4, 2025 | During the session | n/a | n/a | n/a | +2.7% | +8.7% | +12.1% |
| Oct 31, 2024 | During the session | n/a | n/a | n/a | -3.6% | -6.2% | +8.3% |
| Aug 22, 2024 | During the session | n/a | n/a | n/a | -5.9% | -12.3% | -14.5% |
| May 2, 2024 | During the session | n/a | n/a | n/a | -1.4% | +0.3% | +1.8% |
| Feb 1, 2024 | During the session | n/a | n/a | n/a | +6.4% | +11.0% | +2.1% |
| Nov 2, 2023 | During the session | n/a | n/a | n/a | +3.0% | -2.1% | -3.3% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on MZTI and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for MZTI.