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Side-by-side financial comparison of MARZETTI CO (MZTI) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

Royalty Pharma plc is the larger business by last-quarter revenue ($622.0M vs $518.0M, roughly 1.2× MARZETTI CO). Royalty Pharma plc runs the higher net margin — 34.4% vs 11.4%, a 23.0% gap on every dollar of revenue. On growth, Royalty Pharma plc posted the faster year-over-year revenue change (4.8% vs 1.7%). Over the past eight quarters, MARZETTI CO's revenue compounded faster (4.8% CAGR vs 4.6%).

The T. Marzetti Company is the Specialty Food Group of the Lancaster Colony Corporation. T. Marzetti produces numerous salad dressings, fruit and vegetable dips, frozen baked goods, and specialty brand items. It is one of the largest food and beverage companies based in Central Ohio. Headquartered in Westerville, Ohio, the T. Marzetti Company was founded by Teresa Marzetti.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

MZTI vs RPRX — Head-to-Head

Bigger by revenue
RPRX
RPRX
1.2× larger
RPRX
$622.0M
$518.0M
MZTI
Growing faster (revenue YoY)
RPRX
RPRX
+3.1% gap
RPRX
4.8%
1.7%
MZTI
Higher net margin
RPRX
RPRX
23.0% more per $
RPRX
34.4%
11.4%
MZTI
Faster 2-yr revenue CAGR
MZTI
MZTI
Annualised
MZTI
4.8%
4.6%
RPRX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MZTI
MZTI
RPRX
RPRX
Revenue
$518.0M
$622.0M
Net Profit
$59.1M
$214.2M
Gross Margin
26.5%
Operating Margin
14.5%
62.4%
Net Margin
11.4%
34.4%
Revenue YoY
1.7%
4.8%
Net Profit YoY
20.6%
2.9%
EPS (diluted)
$2.15
$0.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MZTI
MZTI
RPRX
RPRX
Q4 25
$518.0M
$622.0M
Q3 25
$493.5M
$609.3M
Q2 25
$475.4M
$578.7M
Q1 25
$457.8M
$568.2M
Q4 24
$509.3M
$593.6M
Q3 24
$466.6M
$564.7M
Q2 24
$452.8M
$537.3M
Q1 24
$471.4M
$568.0M
Net Profit
MZTI
MZTI
RPRX
RPRX
Q4 25
$59.1M
$214.2M
Q3 25
$47.2M
$288.2M
Q2 25
$32.5M
$30.2M
Q1 25
$41.1M
$238.3M
Q4 24
$49.0M
$208.2M
Q3 24
$44.7M
$544.0M
Q2 24
$34.8M
$102.0M
Q1 24
$28.4M
$4.8M
Gross Margin
MZTI
MZTI
RPRX
RPRX
Q4 25
26.5%
Q3 25
24.1%
Q2 25
22.3%
Q1 25
23.1%
Q4 24
26.1%
Q3 24
23.8%
Q2 24
21.6%
Q1 24
22.2%
Operating Margin
MZTI
MZTI
RPRX
RPRX
Q4 25
14.5%
62.4%
Q3 25
12.0%
70.1%
Q2 25
8.2%
36.3%
Q1 25
10.9%
94.0%
Q4 24
14.9%
60.9%
Q3 24
12.0%
Q2 24
9.2%
50.2%
Q1 24
7.5%
-13.0%
Net Margin
MZTI
MZTI
RPRX
RPRX
Q4 25
11.4%
34.4%
Q3 25
9.6%
47.3%
Q2 25
6.8%
5.2%
Q1 25
9.0%
41.9%
Q4 24
9.6%
35.1%
Q3 24
9.6%
96.3%
Q2 24
7.7%
19.0%
Q1 24
6.0%
0.8%
EPS (diluted)
MZTI
MZTI
RPRX
RPRX
Q4 25
$2.15
$0.49
Q3 25
$1.71
$0.67
Q2 25
$1.18
$0.07
Q1 25
$1.49
$0.55
Q4 24
$1.78
$0.46
Q3 24
$1.62
$1.21
Q2 24
$1.27
$0.23
Q1 24
$1.03
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MZTI
MZTI
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$201.6M
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$1.0B
$9.7B
Total Assets
$1.3B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MZTI
MZTI
RPRX
RPRX
Q4 25
$201.6M
$618.7M
Q3 25
$182.2M
$938.9M
Q2 25
$161.5M
$631.9M
Q1 25
$124.6M
$1.1B
Q4 24
$203.1M
$929.0M
Q3 24
$135.1M
$950.1M
Q2 24
$163.4M
$1.8B
Q1 24
$164.8M
$843.0M
Total Debt
MZTI
MZTI
RPRX
RPRX
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$6.1B
Stockholders' Equity
MZTI
MZTI
RPRX
RPRX
Q4 25
$1.0B
$9.7B
Q3 25
$1.0B
$9.6B
Q2 25
$998.5M
$9.5B
Q1 25
$996.2M
$9.8B
Q4 24
$979.9M
$10.3B
Q3 24
$945.1M
$10.3B
Q2 24
$925.8M
$9.8B
Q1 24
$912.9M
$9.9B
Total Assets
MZTI
MZTI
RPRX
RPRX
Q4 25
$1.3B
$19.6B
Q3 25
$1.3B
$19.3B
Q2 25
$1.3B
$18.3B
Q1 25
$1.3B
$17.6B
Q4 24
$1.2B
$18.2B
Q3 24
$1.2B
$18.0B
Q2 24
$1.2B
$17.7B
Q1 24
$1.2B
$16.1B
Debt / Equity
MZTI
MZTI
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MZTI
MZTI
RPRX
RPRX
Operating Cash FlowLast quarter
$88.6M
$827.1M
Free Cash FlowOCF − Capex
$70.9M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.50×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MZTI
MZTI
RPRX
RPRX
Q4 25
$88.6M
$827.1M
Q3 25
$69.5M
$702.6M
Q2 25
$88.2M
$364.0M
Q1 25
$45.8M
$596.1M
Q4 24
$107.6M
$742.5M
Q3 24
$19.9M
$703.6M
Q2 24
$34.1M
$658.2M
Q1 24
$75.9M
$664.6M
Free Cash Flow
MZTI
MZTI
RPRX
RPRX
Q4 25
$70.9M
Q3 25
$53.9M
Q2 25
$73.9M
Q1 25
$30.8M
Q4 24
$96.6M
Q3 24
$2.3M
Q2 24
$18.5M
Q1 24
$61.1M
FCF Margin
MZTI
MZTI
RPRX
RPRX
Q4 25
13.7%
Q3 25
10.9%
Q2 25
15.5%
Q1 25
6.7%
Q4 24
19.0%
Q3 24
0.5%
Q2 24
4.1%
Q1 24
13.0%
Capex Intensity
MZTI
MZTI
RPRX
RPRX
Q4 25
3.4%
Q3 25
3.2%
Q2 25
3.0%
Q1 25
3.3%
Q4 24
2.2%
Q3 24
3.8%
Q2 24
3.4%
Q1 24
3.2%
Cash Conversion
MZTI
MZTI
RPRX
RPRX
Q4 25
1.50×
3.86×
Q3 25
1.47×
2.44×
Q2 25
2.71×
12.06×
Q1 25
1.11×
2.50×
Q4 24
2.20×
3.57×
Q3 24
0.45×
1.29×
Q2 24
0.98×
6.45×
Q1 24
2.68×
139.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MZTI
MZTI

National Accounts$177.4M34%
Dressings And Sauces$169.5M33%
Frozen Breads And Other$62.7M12%
Branded And Other$54.8M11%
Refrigerated Dressings Dips And Other$46.2M9%
Other Dressings And Sauces For TSA$8.2M2%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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