The Marzetti Company (MZTI) Balance Sheet
MZTI balance sheet, FY2026
June 30, 2026 · U.S. dollars$1.27B assets = $276.2M liabilities + $998.5M equity
Both columns are drawn to the same scale: what MZTI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MZTI financial health
Descriptive bands, not a rating. Fiscal FY2026.
MZTI balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $716.4MFY2017 | $1.27BFY2026 | +6.6%/yr | |
| Total liabilities | $140.4MFY2017 | $276.2MFY2026 | +7.8%/yr | |
| Shareholders’ equity | $576.0MFY2017 | $998.5MFY2026 | +6.3%/yr | |
| Cash & short-term investments | $143.1MFY2017 | $161.5MFY2026 | +1.4%/yr | |
| Total debt | $26.8MFY2020 | $55.6MFY2026 | +12.9%/yr | |
| Net cash (debt) | $171.5MFY2020 | $105.9MFY2026 | −$65.5M | |
| Working capital | $224.5MFY2017 | $257.3MFY2026 | +$32.8M | |
| Book value per share | $20.99FY2017 | $36.43FY2026 | +6.3%/yr | |
| Current ratio | 3.93FY2017 | 2.38FY2026 | −1.55 | |
| Debt / equity | 0.03FY2020 | 0.06FY2026 | +0.02 | |
| Shares outstanding | 27.4MFY2017 | 27.4MFY2026 | −0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MZTI assets
MZTI liabilities and equity
MZTI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MZTI balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $161.5M | $161.5M | $163.4M | $88.5M | $60.3M | $188.1M | $198.3M | $196.3M | $205.8M | $143.1M |
| Cash & equivalents | $161.5M | $161.5M | $163.4M | $88.5M | $60.3M | $188.1M | $198.3M | $196.3M | $205.8M | $143.1M |
| Receivables | $95.8M | $95.8M | $95.6M | $115.0M | $135.5M | $97.9M | $86.6M | $75.7M | $73.0M | $69.9M |
| Inventory | $169.3M | $169.3M | $173.3M | $158.3M | $144.7M | $121.9M | $85.0M | $86.1M | $90.9M | $76.4M |
| Other current assets | $17.0M | $17.0M | $11.7M | $12.8M | $11.3M | $15.7M | $15.7M | $10.5M | $9.3M | $11.7M |
| Total current assets | $443.6M | $443.6M | $444.0M | $374.5M | $351.8M | $423.5M | $385.6M | $368.6M | $378.9M | $301.1M |
| Property, plant & equipment (net) | $586.8M | $586.8M | $532.8M | $506.9M | $479.5M | $387.1M | $316.3M | $247.0M | $190.8M | $180.7M |
| Goodwill & intangible assets | $348.2M | $222.8M | $208.4M | $213.2M | $240.7M | $267.1M | $273.6M | $278.6M | $224.2M | $228.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $21.6M | $21.7M | $18.4M | $18.4M | $23.6M | $17.9M | $11.1M | $10.6M | $6.4M |
| Total assets | $1.27B | $1.27B | $1.21B | $1.11B | $1.09B | $1.10B | $993.4M | $905.4M | $804.5M | $716.4M |
| Liabilities | ||||||||||
| Accounts payable | $118.0M | $118.0M | $118.8M | $111.8M | $115.0M | $110.3M | $71.4M | $76.7M | $58.0M | $41.4M |
| Short-term debt | $11.7M | $11.7M | $12.3M | $10.8M | $11.4M | $9.4M | $7.3M | — | — | — |
| Total current liabilities | $186.3M | $186.3M | $184.0M | $168.8M | $165.6M | $173.9M | $126.3M | $119.7M | $93.8M | $76.6M |
| Long-term debt | $189.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $54.5M | $55.6M | $57.7M | $30.0M | $36.2M | $33.3M | — | — | — | — |
| Other long-term liabilities | $0 | $89.9M | $97.2M | $82.0M | $80.1M | $84.2M | $83.8M | $58.8M | $58.4M | $63.8M |
| Total liabilities | $276.2M | $276.2M | $281.2M | $250.7M | $245.7M | $258.1M | $210.1M | $178.5M | $152.2M | $140.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $160.9M | $160.9M | $153.6M | $143.9M | $137.8M | $128.6M | $125.2M | $122.8M | $119.2M | $115.2M |
| Retained earnings (deficit) | $1.63B | $1.63B | $1.56B | $1.50B | $1.49B | $1.48B | $1.42B | $1.36B | $1.28B | $1.21B |
| Accumulated other comprehensive income | $961,000 | $961,000 | −$8.6M | −$9.4M | −$11.2M | −$8.3M | −$12.1M | −$10.3M | −$8.3M | −$8.9M |
| Total shareholders' equity | $998.5M | $998.5M | $925.8M | $862.3M | $844.7M | $843.1M | $783.3M | $726.9M | $652.3M | $576.0M |
| Key figures | ||||||||||
| Total debt | $55.6M | $55.6M | $57.7M | $30.0M | $36.2M | $33.3M | $26.8M | — | — | — |
| Net cash (debt) | $105.9M | $105.9M | $105.8M | $58.5M | $24.1M | $154.8M | $171.5M | — | — | — |
| Working capital | $257.3M | $257.3M | $260.0M | $205.7M | $186.2M | $249.6M | $259.4M | $248.9M | $285.1M | $224.5M |
| Tangible book value | $650.3M | $775.7M | $717.4M | $649.1M | $604.0M | $576.0M | $509.7M | $448.2M | $428.1M | $347.8M |
| Book value per share | $36.43 | $36.32 | $33.71 | $31.38 | $30.75 | $30.64 | $28.49 | $26.40 | $23.75 | $20.99 |
| Shares outstanding | 27.4M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.4M |
| Current ratio | 2.38 | 2.38 | 2.41 | 2.22 | 2.12 | 2.43 | 3.05 | 3.08 | 4.04 | 3.93 |
| Quick ratio | 1.38 | 1.38 | 1.41 | 1.21 | 1.18 | 1.64 | 2.26 | 2.27 | 2.97 | 2.78 |
| Debt / equity | 0.06 | 0.06 | 0.06 | 0.03 | 0.04 | 0.04 | 0.03 | — | — | — |
| Equity / assets | 78.3% | 78.3% | 76.7% | 77.5% | 77.5% | 76.6% | 78.9% | 80.3% | 81.1% | 80.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $161.5M | $218.4M | $201.6M | $124.6M | $203.1M | $124.6M | $203.1M | $135.1M | $163.4M | $164.8M | $133.8M | $73.7M |
| Cash & equivalents | $161.5M | $218.4M | $201.6M | $124.6M | $203.1M | $124.6M | $203.1M | $135.1M | $163.4M | $164.8M | $133.8M | $73.7M |
| Receivables | $95.8M | $98.3M | $103.8M | $106.9M | $99.2M | $106.9M | $99.2M | $101.5M | $95.6M | $102.6M | $100.2M | $120.1M |
| Inventory | $169.3M | $175.3M | $162.6M | $191.1M | $167.2M | $191.1M | $167.2M | $193.7M | $173.3M | $161.1M | $158.2M | $177.8M |
| Other current assets | $17.0M | $21.9M | $23.5M | $17.1M | $11.6M | $17.1M | $11.6M | $22.4M | $11.7M | $12.2M | $13.2M | $14.6M |
| Total current assets | $443.6M | $513.9M | $491.4M | $439.7M | $481.0M | $439.7M | $481.0M | $452.6M | $444.0M | $440.7M | $405.4M | $386.3M |
| Property, plant & equipment (net) | $586.8M | $592.6M | $540.8M | $591.7M | $530.1M | $591.7M | $530.1M | $533.1M | $532.8M | $502.5M | $511.4M | $512.2M |
| Goodwill & intangible assets | $348.2M | $222.8M | $222.8M | $223.5M | $208.4M | $223.5M | $208.4M | $208.4M | $208.4M | $208.4M | $212.9M | $213.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $26.8M | $73.9M | $21.8M | $20.4M | $21.8M | $20.4M | $22.2M | $21.7M | $20.4M | $19.2M | $18.8M |
| Total assets | $1.27B | $1.36B | $1.33B | $1.28B | $1.24B | $1.28B | $1.24B | $1.22B | $1.21B | $1.17B | $1.15B | $1.13B |
| Liabilities | ||||||||||||
| Accounts payable | $118.0M | $134.6M | $123.4M | $121.1M | $104.5M | $121.1M | $104.5M | $109.2M | $118.8M | $120.5M | $104.1M | $120.3M |
| Short-term debt | $11.7M | — | — | — | $23.4M | — | — | — | $12.3M | — | — | — |
| Total current liabilities | $186.3M | $198.9M | $180.7M | $186.4M | $167.2M | $186.4M | $167.2M | $173.2M | $184.0M | $189.8M | $163.4M | $167.2M |
| Long-term debt | $189.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $54.5M | $37.2M | $38.8M | — | $55.6M | $41.8M | $41.5M | $42.3M | $57.7M | $11.5M | — | — |
| Other long-term liabilities | $0 | $112.4M | $115.4M | $94.0M | $92.7M | $94.0M | $92.7M | $98.0M | $97.2M | $69.4M | $77.2M | $84.3M |
| Total liabilities | $276.2M | $311.3M | $296.0M | $280.4M | $260.0M | $280.4M | $260.0M | $271.2M | $281.2M | $259.2M | $240.6M | $251.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $160.9M | $166.5M | $164.1M | $158.5M | $156.9M | $158.5M | $156.9M | $154.4M | $153.6M | $151.2M | $149.3M | $146.4M |
| Retained earnings (deficit) | $1.63B | $1.69B | $1.68B | $1.62B | $1.61B | $1.62B | $1.61B | $1.58B | $1.56B | $1.55B | $1.55B | $1.52B |
| Accumulated other comprehensive income | $961,000 | $916,000 | $931,000 | $964,000 | $1.0M | $964,000 | $1.0M | −$8.6M | −$8.6M | −$9.1M | −$9.2M | −$9.3M |
| Total shareholders' equity | $998.5M | $1.04B | $1.03B | $996.2M | $979.9M | $996.2M | $979.9M | $945.1M | $925.8M | $912.9M | $908.3M | $878.8M |
| Key figures | ||||||||||||
| Total debt | $55.6M | $37.2M | $77.5M | $41.8M | $41.5M | $41.8M | $41.5M | $42.3M | $57.7M | $11.5M | $13.3M | $15.3M |
| Net cash (debt) | $105.9M | $181.2M | $124.0M | $82.7M | $161.5M | $82.7M | $161.5M | $92.8M | $105.8M | $153.2M | $120.5M | $58.5M |
| Working capital | $257.3M | $315.1M | $310.8M | $253.3M | $313.7M | $253.3M | $313.7M | $279.4M | $260.0M | $250.9M | $242.0M | $219.1M |
| Tangible book value | $650.3M | $822.0M | $810.1M | $772.8M | $771.5M | $772.8M | $771.5M | $736.7M | $717.4M | $704.5M | $695.4M | $665.7M |
| Book value per share | $36.43 | $38.16 | $37.67 | $36.24 | $35.67 | $36.23 | $35.64 | $34.39 | $33.69 | $33.25 | $33.10 | $31.99 |
| Shares outstanding | 27.4M | 27.4M | 27.4M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.5M | 27.4M | 27.5M |
| Current ratio | 2.38 | 2.58 | 2.72 | 2.36 | 2.88 | 2.36 | 2.88 | 2.61 | 2.41 | 2.32 | 2.48 | 2.31 |
| Quick ratio | 1.38 | 1.59 | 1.69 | 1.24 | 1.81 | 1.24 | 1.81 | 1.37 | 1.41 | 1.41 | 1.43 | 1.16 |
| Debt / equity | 0.06 | 0.04 | 0.08 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.06 | 0.01 | 0.01 | 0.02 |
| Equity / assets | 78.3% | 77.0% | 77.7% | 78.0% | 79.0% | 78.0% | 79.0% | 77.7% | 76.7% | 77.9% | 79.1% | 77.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 25, 2026); data from EODHD.
MZTI financial position
At the end of fiscal 2026 (June 30, 2026), Marzetti had total assets of $1.3 billion (up 0.0% from a year earlier), total liabilities of $276.2 million and shareholders' equity of $998.5 million. It held $161.5 million in cash and short-term investments against $55.6 million of debt, a net cash position of $105.9 million. Its current ratio was 2.38.
Related: MZTI income statement, MZTI cash flow statement, MZTI key metrics. See the MZTI stock overview for the latest quote and news.
MZTI balance sheet FAQ
What are Marzetti's total assets?
Marzetti reported total assets of $1.3 billion at the end of fiscal 2026 (June 30, 2026), compared with $1.3 billion a year earlier.
How much debt does Marzetti have?
Marzetti had $55.6 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.06.
How much cash does Marzetti have?
Marzetti held $161.5 million in cash and short-term investments at the end of fiscal 2026; with $55.6 million of debt that is net cash of $105.9 million.
What is Marzetti's book value?
Marzetti's shareholders' equity (book value) was $998.5 million at the end of fiscal 2026, or $36.43 per share.
What is Marzetti's current ratio?
Marzetti had current assets of $443.6 million and current liabilities of $186.3 million, a current ratio of 2.38 (it can cover its short-term obligations).
How much goodwill does Marzetti have?
Marzetti carried $348.2 million of goodwill and intangible assets, 27.3% of total assets, at the end of fiscal 2026.