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Side-by-side financial comparison of MARZETTI CO (MZTI) and Tyler Technologies (TYL). Click either name above to swap in a different company.

Tyler Technologies is the larger business by last-quarter revenue ($613.5M vs $518.0M, roughly 1.2× MARZETTI CO). Tyler Technologies runs the higher net margin — 13.2% vs 11.4%, a 1.8% gap on every dollar of revenue. On growth, Tyler Technologies posted the faster year-over-year revenue change (8.6% vs 1.7%). MARZETTI CO produced more free cash flow last quarter ($70.9M vs $2.0M). Over the past eight quarters, Tyler Technologies's revenue compounded faster (6.5% CAGR vs 4.8%).

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.

Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.

MZTI vs TYL — Head-to-Head

Bigger by revenue
TYL
TYL
1.2× larger
TYL
$613.5M
$518.0M
MZTI
Growing faster (revenue YoY)
TYL
TYL
+6.9% gap
TYL
8.6%
1.7%
MZTI
Higher net margin
TYL
TYL
1.8% more per $
TYL
13.2%
11.4%
MZTI
More free cash flow
MZTI
MZTI
$68.9M more FCF
MZTI
$70.9M
$2.0M
TYL
Faster 2-yr revenue CAGR
TYL
TYL
Annualised
TYL
6.5%
4.8%
MZTI

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
MZTI
MZTI
TYL
TYL
Revenue
$518.0M
$613.5M
Net Profit
$59.1M
$81.2M
Gross Margin
26.5%
48.3%
Operating Margin
14.5%
16.3%
Net Margin
11.4%
13.2%
Revenue YoY
1.7%
8.6%
Net Profit YoY
20.6%
EPS (diluted)
$2.15
$1.88

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
TYL
TYL
Q1 26
$613.5M
Q4 25
$518.0M
$575.2M
Q3 25
$493.5M
$595.9M
Q2 25
$475.4M
$596.1M
Q1 25
$457.8M
$565.2M
Q4 24
$509.3M
$541.1M
Q3 24
$466.6M
$543.3M
Q2 24
$452.8M
$541.0M
Net Profit
MZTI
MZTI
TYL
TYL
Q1 26
$81.2M
Q4 25
$59.1M
$65.5M
Q3 25
$47.2M
$84.4M
Q2 25
$32.5M
$84.6M
Q1 25
$41.1M
$81.1M
Q4 24
$49.0M
$65.2M
Q3 24
$44.7M
$75.9M
Q2 24
$34.8M
$67.7M
Gross Margin
MZTI
MZTI
TYL
TYL
Q1 26
48.3%
Q4 25
26.5%
45.5%
Q3 25
24.1%
47.2%
Q2 25
22.3%
45.8%
Q1 25
23.1%
47.3%
Q4 24
26.1%
43.8%
Q3 24
23.8%
43.7%
Q2 24
21.6%
44.0%
Operating Margin
MZTI
MZTI
TYL
TYL
Q1 26
16.3%
Q4 25
14.5%
13.0%
Q3 25
12.0%
16.4%
Q2 25
8.2%
16.0%
Q1 25
10.9%
15.8%
Q4 24
14.9%
13.2%
Q3 24
12.0%
15.2%
Q2 24
9.2%
14.4%
Net Margin
MZTI
MZTI
TYL
TYL
Q1 26
13.2%
Q4 25
11.4%
11.4%
Q3 25
9.6%
14.2%
Q2 25
6.8%
14.2%
Q1 25
9.0%
14.3%
Q4 24
9.6%
12.1%
Q3 24
9.6%
14.0%
Q2 24
7.7%
12.5%
EPS (diluted)
MZTI
MZTI
TYL
TYL
Q1 26
$1.88
Q4 25
$2.15
$1.50
Q3 25
$1.71
$1.93
Q2 25
$1.18
$1.93
Q1 25
$1.49
$1.84
Q4 24
$1.78
$1.48
Q3 24
$1.62
$1.74
Q2 24
$1.27
$1.57

Balance Sheet & Financial Strength

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

Metric
MZTI
MZTI
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$201.6M
$346.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$3.6B
Total Assets
$1.3B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MZTI
MZTI
TYL
TYL
Q1 26
$346.4M
Q4 25
$201.6M
$1.1B
Q3 25
$182.2M
$950.8M
Q2 25
$161.5M
$892.3M
Q1 25
$124.6M
$807.4M
Q4 24
$203.1M
$768.0M
Q3 24
$135.1M
$544.3M
Q2 24
$163.4M
$258.0M
Total Debt
MZTI
MZTI
TYL
TYL
Q1 26
Q4 25
$599.7M
Q3 25
$599.2M
Q2 25
$598.8M
Q1 25
$598.4M
Q4 24
$597.9M
Q3 24
$597.5M
Q2 24
$597.1M
Stockholders' Equity
MZTI
MZTI
TYL
TYL
Q1 26
$3.6B
Q4 25
$1.0B
$3.7B
Q3 25
$1.0B
$3.6B
Q2 25
$998.5M
$3.6B
Q1 25
$996.2M
$3.5B
Q4 24
$979.9M
$3.4B
Q3 24
$945.1M
$3.3B
Q2 24
$925.8M
$3.1B
Total Assets
MZTI
MZTI
TYL
TYL
Q1 26
$4.8B
Q4 25
$1.3B
$5.6B
Q3 25
$1.3B
$5.5B
Q2 25
$1.3B
$5.4B
Q1 25
$1.3B
$5.2B
Q4 24
$1.2B
$5.2B
Q3 24
$1.2B
$5.0B
Q2 24
$1.2B
$4.8B
Debt / Equity
MZTI
MZTI
TYL
TYL
Q1 26
Q4 25
0.16×
Q3 25
0.17×
Q2 25
0.16×
Q1 25
0.17×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.19×

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
TYL
TYL
Operating Cash FlowLast quarter
$88.6M
$107.3M
Free Cash FlowOCF − Capex
$70.9M
$2.0M
FCF MarginFCF / Revenue
13.7%
0.3%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.50×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$229.5M
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MZTI
MZTI
TYL
TYL
Q1 26
$107.3M
Q4 25
$88.6M
$243.9M
Q3 25
$69.5M
$255.2M
Q2 25
$88.2M
$98.3M
Q1 25
$45.8M
$56.2M
Q4 24
$107.6M
$224.8M
Q3 24
$19.9M
$263.7M
Q2 24
$34.1M
$64.3M
Free Cash Flow
MZTI
MZTI
TYL
TYL
Q1 26
$2.0M
Q4 25
$70.9M
$239.6M
Q3 25
$53.9M
$251.3M
Q2 25
$73.9M
$92.8M
Q1 25
$30.8M
$53.8M
Q4 24
$96.6M
$221.0M
Q3 24
$2.3M
$260.8M
Q2 24
$18.5M
$57.7M
FCF Margin
MZTI
MZTI
TYL
TYL
Q1 26
0.3%
Q4 25
13.7%
41.7%
Q3 25
10.9%
42.2%
Q2 25
15.5%
15.6%
Q1 25
6.7%
9.5%
Q4 24
19.0%
40.8%
Q3 24
0.5%
48.0%
Q2 24
4.1%
10.7%
Capex Intensity
MZTI
MZTI
TYL
TYL
Q1 26
Q4 25
3.4%
0.8%
Q3 25
3.2%
0.7%
Q2 25
3.0%
0.9%
Q1 25
3.3%
0.4%
Q4 24
2.2%
0.7%
Q3 24
3.8%
0.5%
Q2 24
3.4%
1.2%
Cash Conversion
MZTI
MZTI
TYL
TYL
Q1 26
1.32×
Q4 25
1.50×
3.72×
Q3 25
1.47×
3.02×
Q2 25
2.71×
1.16×
Q1 25
1.11×
0.69×
Q4 24
2.20×
3.45×
Q3 24
0.45×
3.47×
Q2 24
0.98×
0.95×

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%

TYL
TYL

Subscriptions$429.7M70%
Maintenance$108.9M18%
Other$74.9M12%

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