Marzetti (MZTI) Tax Rate (2009 - 2026)

Marzetti (MZTI) reported Tax Rate of 23.31% for Q1 2026, up 264.0% on a YoY basis 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 has reported Tax Rate for 18 years, with the latest figure at 23.31% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 264.0% year-over-year to 23.31%; the trailing twelve-month figure through Mar 2026 stood at 22.18% (up 44.0% YoY), and the FY2025 full-year result 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.
  • Historically, Tax Rate has averaged 22.95% across 5 years, with a median of 22.77% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 1759 bps — and 2023, when it sank 2202 bps.
  • 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.
  • The last three Tax Rate figures came in at 23.31% (Q1 2026), 22.61% (Q4 2025), and 22.38% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn - -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn 20.89%
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn 24.28%
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn -21.74%
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn 23.63%
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn 26.32%
7 Magnum Ice Cream 12.17 Bn 11.70 Bn - -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn -11.09%
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn 22.29%
10 Marzetti 2.94 Bn 2.72 Bn 107.22 Mn 23.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.31%
Mar 31, 2026 23.31%
Dec 31, 2025 22.61%
Dec 31, 2025 22.61%
Sep 30, 2025 22.38%
Sep 30, 2025 22.38%
Jun 30, 2025 19.70%
Jun 30, 2025 19.70%
Mar 31, 2025 20.67%
Mar 31, 2025 20.67%
Dec 31, 2024 22.52%
Dec 31, 2024 22.52%
Sep 30, 2024 22.77%
Sep 30, 2024 22.77%
Jun 30, 2024 20.50%
Jun 30, 2024 20.50%
Mar 31, 2024 23.16%
Mar 31, 2024 23.16%
Dec 31, 2023 23.36%
Dec 31, 2023 23.36%