The Marzetti Company (MZTI)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 167,347 | 169,646 | 156,872 | 159,363 | 158,613 | 132,951 | 129,156 | 117,645 | 111,286 | 131,164 | 102,126 | 96,523 | 89,586 | 92,268 | 125,648 | 135,908 | 142,332 | 140,991 | 134,523 | 133,317 |
| Revenue (ttm) | US$ in thousands | 1,909,122 | 1,886,520 | 1,900,130 | 1,876,745 | 1,871,759 | 1,873,595 | 1,867,084 | 1,858,562 | 1,822,527 | 1,820,279 | 1,758,838 | 1,709,871 | 1,676,390 | 1,609,543 | 1,563,298 | 1,509,886 | 1,467,067 | 1,402,355 | 1,366,469 | 1,346,571 |
| Net profit margin | 8.77% | 8.99% | 8.26% | 8.49% | 8.47% | 7.10% | 6.92% | 6.33% | 6.11% | 7.21% | 5.81% | 5.65% | 5.34% | 5.73% | 8.04% | 9.00% | 9.70% | 10.05% | 9.84% | 9.90% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $167,347K ÷ $1,909,122K
= 8.77%
The analysis of The Marzetti Company’s net profit margin over the specified period indicates a general trend of gradual fluctuation with periods of both decline and recovery. Initially, in September 2020, the net profit margin stood at approximately 9.90%, reflecting a relatively healthy profitability level. Throughout the following year, the margin experienced marginal decreases, reaching its lowest point in December 2021 at approximately 8.04%.
From early 2022 onward, there was a noticeable decline in profit margins, with values dropping to around 5.73% in March 2022 and remaining relatively low through mid-2022. The margins exhibited slight recovery beginning in late 2022 and early 2023, with increases to approximately 7.21% by March 2023. Subsequently, the margin stabilized around the low to mid-6% range before showing a modest upward trend starting in late 2023 and into 2024, reaching as high as approximately 8.49% in September 2024.
More recently, into 2025, the net profit margin continued its upward trajectory, approaching nearly 9% by March 2025. Overall, this pattern suggests that The Marzetti Company experienced periods of profit margin compression, particularly in 2022, possibly attributable to increased costs or competitive pressures, followed by periods of recovery driven by improved operational efficiencies, strategic adjustments, or favorable market conditions.
In conclusion, the company's net profit margin has demonstrated resilience with strategic improvements in recent periods, reflecting a capacity to restore profitability after declines. The data suggests a company navigating fluctuating market dynamics with a tendency for the profit margin to expand gradually amid ongoing operational adjustments.
Peer comparison
Jun 30, 2025