The Marzetti Company (MZTI)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 1,274,720 | 1,276,610 | 1,239,860 | 1,216,210 | 1,206,930 | 1,172,010 | 1,148,920 | 1,130,300 | 1,112,990 | 1,157,760 | 1,137,170 | 1,131,230 | 1,090,370 | 1,103,620 | 1,120,200 | 1,115,140 | 1,101,280 | 1,068,350 | 1,054,310 | 1,024,370 |
| ROA | 13.13% | 13.29% | 12.65% | 13.10% | 13.14% | 11.34% | 11.24% | 10.41% | 10.00% | 11.33% | 8.98% | 8.53% | 8.22% | 8.36% | 11.22% | 12.19% | 12.92% | 13.20% | 12.76% | 13.01% |
June 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $167,347K ÷ $1,274,720K
= 13.13%
The return on assets (ROA) for The Marzetti Company exhibits notable fluctuations over the analyzed period. Starting from a high of 13.01% as of September 30, 2020, the ROA declines modestly through 2021, reaching a low of approximately 11.22% at the end of that year, reflecting potential challenges in asset efficiency or profitability during this period.
In early 2022, the ROA diminishes further, hitting a low of 8.22% as of June 30, 2022, which may suggest increased operational costs, market pressures, or changes in asset utilization. However, a marked recovery ensues, with the ROA climbing back to 8.53% in September 2022, and showing a steady upward trend into 2023, reaching 11.33% by March 2023.
This improvement continues into mid-2024, with the ROA surpassing 13%, peaking at approximately 13.14% as of June 2024, implying a strengthening of asset efficiency and profitability. Slight declines follow, but the ROA remains relatively stable around 12.65% at the end of 2024 and stays elevated at over 13% during the first half of 2025.
Overall, the data indicates periods of decline amid a general trend of recovery and growth in asset efficiency, with the latter part of the period demonstrating an improved ability to generate earnings from assets. The fluctuations suggest responsiveness to market factors, operational strategies, or external economic conditions influencing profitability over time.
Peer comparison
Jun 30, 2025