The Marzetti Company (MZTI)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,909,120 | 1,871,760 | 1,822,530 | 1,676,390 | 1,467,070 |
| Total assets | US$ in thousands | 1,274,720 | 1,206,930 | 1,112,990 | 1,090,370 | 1,101,280 |
| Total asset turnover | 1.50 | 1.55 | 1.64 | 1.54 | 1.33 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,909,120K ÷ $1,274,720K
= 1.50
The total asset turnover ratio of The Marzetti Company demonstrates a general upward trend from June 30, 2021, through June 30, 2023, after which it exhibits a slight decrease. Specifically, the ratio increased from 1.33 in 2021 to 1.54 in 2022 and further to 1.64 in 2023, indicating an improved efficiency in utilizing assets to generate sales during this period. Subsequently, the ratio declined to 1.55 in 2024 and further to 1.50 in 2025, suggesting a modest reduction in asset utilization efficiency over the last two fiscal years. Overall, the company's total asset turnover ratio reflects a trajectory of initial strengthening followed by a slight deterioration, highlighting fluctuations in operational efficiency and asset management over the examined timeframe.
Peer comparison
Jun 30, 2025