← MARZETTI CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $121.8m |
$115.3m
-5.30%
|
$135.3m
+17.34%
|
$150.5m
+11.26%
|
$137.0m
-9.01%
|
$142.3m
+3.90%
|
$89.6m
-37.06%
|
$111.3m
+24.22%
|
$158.6m
+42.53%
|
$167.3m
+5.51%
|
— | |
| Depreciation, Depletion and Amortization | $24.1m | $24.9m | $26.9m | $31.8m | $38.0m | $44.5m | $45.9m | $51.2m | $55.9m | $62.2m | $68.9m | |
| Amortization of Intangible Assets | $2.9m | $3.5m | $4.0m | $4.6m | $5.1m | $5.3m | $4.4m | $2.5m | $352k | — | — | |
| Depreciation | $20.1m | $20.4m | $22.2m | $26.8m | $31.6m | $37.2m | $39.8m | $46.4m | $53.0m | $59.1m | $68.9m | |
| Deferred Income Tax Expense (Benefit) | ($749k) | $2.4m | ($9.2m) | $6.7m | $11.9m | $3.3m | $1.1m | $7.9m | ($10.3m) | ($6.1m) | $25.1m | |
| Share-based Payment Arrangement, Noncash Expense | $3.3m | $4.2m | $5.0m | $6.0m | $6.1m | $7.1m | $9.6m | $9.1m | $11.4m | $9.0m | $10.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $981k | $2.4m | $3.8m | $3.7m | $366k | $3.0m | $1.6m | $1.7m | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | $1.2m | — | — | $4.5m | — | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | $1.6m | ($268k) | $1.2m | $32.3m | $25.0m | $13.7m | $5.1m | — | |
| Other Nonoperating Income (Expense) | $63k | $768k | $2.1m | $4.6m | $3.1m | ($107k) | $477k | $1.8m | $6.2m | $7.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($1.8m) | ($150k) | $14.5m | ($6.3m) | ($1.0m) | $36.8m | $22.8m | $13.6m | $15.0m | ($8.0m) | $15.9m | |
| Net Cash Provided by (Used in) Operating Activities | $142.6m |
$144.4m
+1.24%
|
$160.7m
+11.33%
|
$197.6m
+22.95%
|
$170.8m
-13.58%
|
$174.2m
+2.00%
|
$101.8m
-41.55%
|
$225.9m
+121.88%
|
$251.6m
+11.36%
|
$261.5m
+3.95%
|
$316.8m
+21.16%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | $629k | $10k | $13k | ($315k) | ($61k) | $123k | $209k | $22k | $0 | $14.3m | |
| Payments to Acquire Property, Plant, and Equipment | $16.7m | $27.0m | $31.0m | $70.9m | $82.6m | $87.9m | $132.0m | $90.2m | $67.6m | $58.0m | ($68.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $12k | $35.2m | $318k | $55.4m | $0 | $0 | — | — | — | $78.8m | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $740k | ($91k) | $147k | $786k | $752k | $1.3m | $636k | $1.8m | $6.8m | $11.4m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($17.4m) | ($60.6m) | ($31.5m) | ($126.9m) | ($83.3m) | ($89.0m) | ($132.2m) | ($90.8m) | ($67.4m) | ($148.2m) | ($82.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $155k | $866k | $1.1m | $7.4m | $5.5m | $8.5m | $7.6m | $9.2m | $7.6m | $8.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $190.5m | $59.0m | $64.5m | $70.1m | $75.6m | $81.2m | $86.8m | $92.4m | $97.9m | $103.5m | ($107.6m) | |
| Payments of Dividends | $190.5m | $59.0m | $64.5m | $70.1m | $75.6m | $81.2m | $86.8m | $92.4m | $97.9m | $103.5m | ($107.6m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($320k) | ($610k) | ($2.0m) | ($2.7m) | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($189.3m) |
($58.7m)
+68.98%
|
($66.6m)
-13.44%
|
($80.2m)
-20.40%
|
($85.5m)
-6.63%
|
($95.4m)
-11.59%
|
($97.3m)
-2.01%
|
($106.9m)
-9.85%
|
($109.2m)
-2.08%
|
($115.3m)
-5.60%
|
($140.5m)
-21.88%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $60.3m | $88.5m | $163.4m | $161.5m | $218.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $62.9m | $59.0m | $46.2m | $38.6m | $31.0m | $40.7m | $17.8m | $26.3m | $53.6m | $52.5m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | — | ($14.0m) | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | $143.8m | $168.0m | $168.0m | $208.4m | $208.4m | $208.4m | $208.4m | $208.4m | $208.4m | $222.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $121.8m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $62.9m | $60.2m | $38.9m | $45.0m | $42.1m | $43.4m | $22.8m | $32.0m | $46.9m | $46.1m | — | |
| Operating Lease, Expense | — | — | — | — | $8.7m | $8.3m | $9.2m | $9.7m | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.