Marzetti (MZTI) Tax Rate (2009 - 2026)
Marzetti (MZTI) posted quarterly Tax Rate of 23.31% for Q1 2026, up 264.0% year-over-year from 6.4% in Q1 2025, and up 3.08% quarter-over-quarter from 22.61% in Q4 2025.
Marzetti (MZTI) Tax Rate (2009 - 2026) Analysis & Trends
Marzetti's Tax Rate history runs 18 years deep, the most recent figure standing at 23.31% for Q1 2026.
- In Q1 2026, Tax Rate rose 264.0% year-over-year to 23.31%; the TTM figure through Mar 2026 stood at 22.18% (up 44.0% YoY), while the FY2025 annual figure was 21.6%, down 122.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.31%, up from 22.61% in the prior quarter.
- The five-year high for Tax Rate was 40.21% in Q1 2022, with the low at 14.42% in Q2 2022.
- The 5-year median for Tax Rate is 22.77% (2024), against an average of 22.95%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 1759 bps in 2022, then plunged 2202 bps in 2023.
- Marzetti's Tax Rate stood at 22.84% in 2022, then rose by 2 bps to 23.36% in 2023, then fell by 4 bps to 22.52% in 2024, then climbed by 0 bps to 22.61% in 2025, then advanced by 3 bps to 23.31% in 2026.
- Business Quant data shows MZTI's Tax Rate at 23.31% in Q1 2026, 22.61% in Q4 2025, and 22.38% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 56.69% |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | -18.47% |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 23.63% |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 21.40% |
| 10 | Marzetti | 3.05 Bn | 2.83 Bn | 107.22 Mn | 23.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.31% |
| Mar 31, 2026 | 23.31% |
| Mar 31, 2026 | 23.31% |
| Dec 31, 2025 | 22.61% |
| Dec 31, 2025 | 22.61% |
| Dec 31, 2025 | 22.61% |
| Sep 30, 2025 | 22.38% |
| Sep 30, 2025 | 22.38% |
| Sep 30, 2025 | 22.38% |
| Jun 30, 2025 | 19.70% |
| Jun 30, 2025 | 19.70% |
| Jun 30, 2025 | 19.70% |
| Mar 31, 2025 | 20.67% |
| Mar 31, 2025 | 20.67% |
| Mar 31, 2025 | 20.67% |
| Dec 31, 2024 | 22.52% |
| Dec 31, 2024 | 22.52% |
| Dec 31, 2024 | 22.52% |
| Sep 30, 2024 | 22.77% |
| Sep 30, 2024 | 22.77% |