The Marzetti Company
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 company offers frozen garlic breads under the New York Bakery brand; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardi… Read more
The Marzetti Company (MZTI) - Net Assets
Latest net assets as of December 2025: $1.03 Billion USD
Based on the latest financial reports, The Marzetti Company (MZTI) has net assets worth $1.03 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.33 Billion) and total liabilities ($296.03 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.03 Billion |
| % of Total Assets | 77.72% |
| Annual Growth Rate | 5.7% |
| 5-Year Change | 18.42% |
| 10-Year Change | 94.41% |
| Growth Volatility | 9.69 |
The Marzetti Company - Net Assets Trend (1986–2025)
This chart illustrates how The Marzetti Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Marzetti Company (1986–2025)
The table below shows the annual net assets of The Marzetti Company from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $998.50 Million | +7.86% |
| 2024-06-30 | $925.77 Million | +7.36% |
| 2023-06-30 | $862.27 Million | +2.08% |
| 2022-06-30 | $844.69 Million | +0.18% |
| 2021-06-30 | $843.15 Million | +7.64% |
| 2020-06-30 | $783.30 Million | +7.76% |
| 2019-06-30 | $726.87 Million | +11.44% |
| 2018-06-30 | $652.28 Million | +13.25% |
| 2017-06-30 | $575.98 Million | +12.15% |
| 2016-06-30 | $513.60 Million | -11.59% |
| 2015-06-30 | $580.92 Million | +9.90% |
| 2014-06-30 | $528.60 Million | +5.46% |
| 2013-06-30 | $501.22 Million | -11.17% |
| 2012-06-30 | $564.27 Million | +9.03% |
| 2011-06-30 | $517.54 Million | +6.73% |
| 2010-06-30 | $484.91 Million | +20.46% |
| 2009-06-30 | $402.56 Million | +12.06% |
| 2008-06-30 | $359.22 Million | -19.15% |
| 2007-06-30 | $444.31 Million | -10.14% |
| 2006-06-30 | $494.42 Million | -15.88% |
| 2005-06-30 | $587.73 Million | +0.16% |
| 2004-06-30 | $586.78 Million | +7.14% |
| 2003-06-30 | $547.66 Million | +9.25% |
| 2002-06-30 | $501.28 Million | +9.00% |
| 2001-06-30 | $459.90 Million | +10.69% |
| 2000-06-30 | $415.48 Million | +0.14% |
| 1999-06-30 | $414.90 Million | +1.05% |
| 1998-06-30 | $410.60 Million | +11.58% |
| 1997-06-30 | $368.00 Million | +13.72% |
| 1996-06-30 | $323.60 Million | +16.78% |
| 1995-06-30 | $277.10 Million | +17.02% |
| 1994-06-30 | $236.80 Million | +23.33% |
| 1993-06-30 | $192.00 Million | +20.45% |
| 1992-06-30 | $159.40 Million | +14.35% |
| 1991-06-30 | $139.40 Million | +8.15% |
| 1990-06-30 | $128.90 Million | -6.32% |
| 1989-06-30 | $137.60 Million | +2.61% |
| 1988-06-30 | $134.10 Million | +5.01% |
| 1987-06-30 | $127.70 Million | +11.24% |
| 1986-06-30 | $114.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Marzetti Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1742.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.63 Billion | 163.09% |
| Common Stock | $160.89 Million | 16.11% |
| Other Comprehensive Income | $961.00K | 0.10% |
| Total Equity | $998.50 Million | 100.00% |
The Marzetti Company Competitors by Market Cap
The table below lists competitors of The Marzetti Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QUILTER PLC 144A LS08167
F:2FQ0
|
$2.80 Billion |
|
ASSECO POLAND GDR/1 ZY 1
F:SFBG
|
$2.80 Billion |
|
TOHOKU EL. PWR CO.
F:TKT
|
$2.80 Billion |
|
Royal Vopak N.V
F:VPK5
|
$2.80 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
$2.79 Billion |
|
Varonis Systems
NASDAQ:VRNS
|
$2.79 Billion |
|
LXP Industrial Trust
NYSE:LXP
|
$2.79 Billion |
|
Bank of Queensland Ltd
AU:BOQ
|
$2.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Marzetti Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 925,772,000 to 998,495,000, a change of 72,723,000 (7.9%).
- Net income of 167,347,000 contributed positively to equity growth.
- Dividend payments of 103,502,000 reduced retained earnings.
- Share repurchases of 7,993,000 reduced equity.
- Other comprehensive income increased equity by 9,601,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $167.35 Million | +16.76% |
| Dividends Paid | $103.50 Million | -10.37% |
| Share Repurchases | $7.99 Million | -0.8% |
| Other Comprehensive Income | $9.60 Million | +0.96% |
| Other Changes | $7.27 Million | +0.73% |
| Total Change | $- | 7.86% |
Book Value vs Market Value Analysis
This analysis compares The Marzetti Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 55.18x to 3.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $2.57 | $142.08 | x |
| 1987-06-30 | $2.45 | $142.08 | x |
| 1988-06-30 | $2.65 | $142.08 | x |
| 1989-06-30 | $2.83 | $142.08 | x |
| 1990-06-30 | $4.07 | $142.08 | x |
| 1991-06-30 | $4.38 | $142.08 | x |
| 1992-06-30 | $3.49 | $142.08 | x |
| 1993-06-30 | $4.20 | $142.08 | x |
| 1994-06-30 | $5.21 | $142.08 | x |
| 1995-06-30 | $6.15 | $142.08 | x |
| 1996-06-30 | $7.25 | $142.08 | x |
| 1997-06-30 | $8.30 | $142.08 | x |
| 1998-06-30 | $9.47 | $142.08 | x |
| 1999-06-30 | $9.94 | $142.08 | x |
| 2000-06-30 | $10.50 | $142.08 | x |
| 2001-06-30 | $12.22 | $142.08 | x |
| 2002-06-30 | $13.58 | $142.08 | x |
| 2003-06-30 | $15.08 | $142.08 | x |
| 2004-06-30 | $16.40 | $142.08 | x |
| 2005-06-30 | $16.76 | $142.08 | x |
| 2006-06-30 | $14.76 | $142.08 | x |
| 2007-06-30 | $14.06 | $142.08 | x |
| 2008-06-30 | $12.18 | $142.08 | x |
| 2009-06-30 | $14.35 | $142.08 | x |
| 2010-06-30 | $17.21 | $142.08 | x |
| 2011-06-30 | $18.69 | $142.08 | x |
| 2012-06-30 | $20.70 | $142.08 | x |
| 2013-06-30 | $18.37 | $142.08 | x |
| 2014-06-30 | $19.36 | $142.08 | x |
| 2015-06-30 | $21.26 | $142.08 | x |
| 2016-06-30 | $18.76 | $142.08 | x |
| 2017-06-30 | $20.99 | $142.08 | x |
| 2018-06-30 | $23.75 | $142.08 | x |
| 2019-06-30 | $26.40 | $142.08 | x |
| 2020-06-30 | $28.49 | $142.08 | x |
| 2021-06-30 | $30.64 | $142.08 | x |
| 2022-06-30 | $30.75 | $142.08 | x |
| 2023-06-30 | $31.38 | $142.08 | x |
| 2024-06-30 | $33.71 | $142.08 | x |
| 2025-06-30 | $36.32 | $142.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Marzetti Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.77%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.28x
- Recent ROE (16.76%) is below the historical average (18.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 9.32% | 2.43% | 1.67x | 2.29x | $-780.00K |
| 1987 | 13.47% | 4.00% | 1.56x | 2.15x | $4.43 Million |
| 1988 | 16.26% | 4.81% | 1.58x | 2.13x | $8.39 Million |
| 1989 | 15.92% | 4.45% | 1.70x | 2.11x | $8.14 Million |
| 1990 | 12.49% | 3.19% | 1.64x | 2.39x | $3.21 Million |
| 1991 | 15.21% | 4.24% | 1.74x | 2.06x | $7.26 Million |
| 1992 | 20.33% | 5.83% | 1.92x | 1.82x | $16.46 Million |
| 1993 | 24.06% | 7.33% | 2.09x | 1.57x | $27.00 Million |
| 1994 | 25.30% | 8.30% | 2.03x | 1.50x | $36.22 Million |
| 1995 | 25.44% | 8.87% | 2.09x | 1.37x | $42.79 Million |
| 1996 | 23.52% | 8.89% | 1.97x | 1.35x | $43.74 Million |
| 1997 | 24.10% | 9.61% | 1.91x | 1.32x | $51.90 Million |
| 1998 | 23.40% | 9.53% | 1.91x | 1.29x | $55.04 Million |
| 1999 | 22.93% | 9.10% | 1.90x | 1.33x | $53.64 Million |
| 2000 | 23.89% | 8.99% | 2.08x | 1.28x | $57.72 Million |
| 2001 | 19.40% | 8.12% | 1.91x | 1.25x | $43.25 Million |
| 2002 | 18.34% | 8.14% | 1.83x | 1.23x | $41.81 Million |
| 2003 | 20.55% | 10.17% | 1.66x | 1.22x | $57.78 Million |
| 2004 | 13.63% | 7.29% | 1.54x | 1.21x | $21.32 Million |
| 2005 | 15.84% | 8.23% | 1.55x | 1.24x | $34.32 Million |
| 2006 | 16.78% | 7.06% | 1.87x | 1.27x | $33.51 Million |
| 2007 | 10.28% | 4.19% | 1.82x | 1.35x | $1.25 Million |
| 2008 | 10.47% | 3.84% | 1.89x | 1.45x | $1.70 Million |
| 2009 | 22.13% | 8.47% | 2.11x | 1.24x | $48.83 Million |
| 2010 | 23.71% | 10.88% | 1.80x | 1.21x | $66.48 Million |
| 2011 | 20.55% | 9.76% | 1.75x | 1.20x | $54.61 Million |
| 2012 | 16.98% | 8.47% | 1.66x | 1.21x | $39.38 Million |
| 2013 | 21.80% | 9.37% | 1.88x | 1.24x | $59.13 Million |
| 2014 | 14.19% | 7.20% | 1.63x | 1.21x | $22.13 Million |
| 2015 | 17.50% | 9.21% | 1.57x | 1.21x | $43.59 Million |
| 2016 | 23.71% | 10.22% | 1.88x | 1.24x | $70.40 Million |
| 2017 | 20.02% | 9.59% | 1.68x | 1.24x | $57.72 Million |
| 2018 | 20.74% | 11.06% | 1.52x | 1.23x | $70.09 Million |
| 2019 | 20.71% | 11.51% | 1.44x | 1.25x | $77.86 Million |
| 2020 | 17.49% | 10.27% | 1.34x | 1.27x | $58.65 Million |
| 2021 | 16.88% | 9.70% | 1.33x | 1.31x | $58.02 Million |
| 2022 | 10.61% | 5.34% | 1.54x | 1.29x | $5.12 Million |
| 2023 | 12.91% | 6.11% | 1.64x | 1.29x | $25.06 Million |
| 2024 | 17.13% | 8.47% | 1.55x | 1.30x | $66.04 Million |
| 2025 | 16.76% | 8.77% | 1.50x | 1.28x | $67.50 Million |
Industry Comparison
This section compares The Marzetti Company's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Marzetti Company (MZTI) | $1.03 Billion | 9.32% | 0.29x | $2.79 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |