The Marzetti Company (MZTI)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 455,646 | 432,302 | 388,568 | 355,719 | 386,723 |
| Revenue | US$ in thousands | 1,909,120 | 1,871,760 | 1,822,530 | 1,676,390 | 1,467,070 |
| Gross profit margin | 23.87% | 23.10% | 21.32% | 21.22% | 26.36% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $455,646K ÷ $1,909,120K
= 23.87%
The gross profit margin of The Marzetti Company has exhibited fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. At the end of fiscal year 2021, the gross profit margin stood at 26.36%, reflecting a relatively healthy profit buffer relative to sales. However, there was a notable decline in the subsequent year to 21.22%, indicating increased costs or decreased pricing power impacting gross profitability.
The margin remained relatively stable through June 30, 2023, with a marginal increase to 21.32%, suggesting a period of stabilization following the decline. Moving into the fiscal year ending June 30, 2024, the gross profit margin improved to 23.10%, representing a recovery and a positive trend towards the previous higher levels. This upward movement continued into June 30, 2025, with the margin reaching 23.87%, further strengthening the company's gross profitability position.
Overall, the trajectory indicates that after a significant decrease from 2021 to 2022, The Marzetti Company has managed to recover and slightly improve its gross profit margin, approaching levels observed in 2021. The observed fluctuations could be attributable to changes in cost structure, pricing strategies, product mix, or external market conditions. The recent upward trend suggests a positive development in the company's ability to control costs or enhance product profitability.
Peer comparison
Jun 30, 2025