The Marzetti Company — Earnings Quality Grade A
MZTI · Consumer Defensive
Strong financial health
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 18 days, change -0 days YoY
AR growth 0.3% vs revenue growth 2.0%
Revenue 2.0%, CFFO 4.0%. Cash follows revenue
Expense Quality
Inventory -2.3% vs COGS 1.0%. Normal
CapEx growth -14.2% vs revenue 2.0%. Normal
SG&A/Gross Profit = 50.5%. Normal
Gross margin 23.9%, change +0.8pp. Stable
Cash Flow Quality
CFFO/NI = 1.56. Profits backed by cash
FCF $0.2B, FCF/NI = 1.22
Accruals ratio = -7.4%. Low accruals
Cash $0.2B covers debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 22% of equity. Manageable
Debt/EBITDA = 0.2x. Healthy
Other assets -0.9% vs revenue 2.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 7% YoY. Normal
Manipulation Score
M-Score = -2.83 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25