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| Date | Value |
|---|---|
| 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% |