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The Marzetti Company MZTI Operating Lease Liabilities

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Other financials

Income statement

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Revenue$453.4M-1.0%
Gross profit$107.2M+1.2%
Operating income$46.6M-6.6%
Net income$37.1M-9.9%
EPS (diluted)$1.35-9.4%

Balance sheet

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Cash & equivalents$218.4M+75.4%
Total debt$37.2M-11.0%
Total equity$1.0B+4.9%
Total assets$1.4B+6.2%

Cash flow

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Operating cash flow$70.5M+54.0%
CapEx$21.3M+41.3%
Free cash flow$49.3M+60.2%

Valuation

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Market cap$3.02B-38.2%
Enterprise value$2.84B-40.6%
P/E17.2×-12.0×
P/S1.6×-1.0×

Profitability

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Gross margin24.2%+0.5pp
Operating margin11.3%-0.5pp
Net margin9.1%+0.1pp
FCF margin12.8%+4.9pp

Returns & leverage

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Return on equity17.2%-0.5pp
Debt / equity0.0×
Current ratio2.6×+0.2×

Where this comes from

Reported directly by The Marzetti Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: The Marzetti Company’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 7:43 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000057515-26-000012
(Amounts in thousands, except share data)March 31,2026June 30,2025
Accounts payable$134,577$117,962
Accrued liabilities64,27868,332
Total current liabilities198,855186,294
Noncurrent Operating Lease Liabilities37,20642,720
Other Noncurrent Liabilities20,98113,100
Deferred Income Taxes54,21734,115
Commitments and Contingencies
Shareholders’ Equity:

Item 1. Condensed Consolidated Financial Statements (unaudited):

FAQ

What is The Marzetti Company's operating lease liabilities?
The Marzetti Company (MZTI) reported operating lease liabilities of $37.21M in Q1 2026.
How has The Marzetti Company's operating lease liabilities changed year-over-year?
The Marzetti Company's operating lease liabilities decreased by 11.0% year-over-year, from $41.82M to $37.21M.
What is the long-term trend for The Marzetti Company's operating lease liabilities?
Over 4 years (2021 to 2025), The Marzetti Company's operating lease liabilities has grown at a 25.5% compound annual growth rate (CAGR), from $17.23M to $42.72M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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