vs

Side-by-side financial comparison of MARZETTI CO (MZTI) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

MARZETTI CO is the larger business by last-quarter revenue ($518.0M vs $444.5M, roughly 1.2× W. P. Carey Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs 11.4%, a 22.0% gap on every dollar of revenue. On growth, W. P. Carey Inc. posted the faster year-over-year revenue change (9.4% vs 1.7%). Over the past eight quarters, W. P. Carey Inc.'s revenue compounded faster (6.8% 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.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

MZTI vs WPC — Head-to-Head

Bigger by revenue
MZTI
MZTI
1.2× larger
MZTI
$518.0M
$444.5M
WPC
Growing faster (revenue YoY)
WPC
WPC
+7.8% gap
WPC
9.4%
1.7%
MZTI
Higher net margin
WPC
WPC
22.0% more per $
WPC
33.4%
11.4%
MZTI
Faster 2-yr revenue CAGR
WPC
WPC
Annualised
WPC
6.8%
4.8%
MZTI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MZTI
MZTI
WPC
WPC
Revenue
$518.0M
$444.5M
Net Profit
$59.1M
$148.3M
Gross Margin
26.5%
Operating Margin
14.5%
34.5%
Net Margin
11.4%
33.4%
Revenue YoY
1.7%
9.4%
Net Profit YoY
20.6%
215.4%
EPS (diluted)
$2.15

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
WPC
WPC
Q4 25
$518.0M
$444.5M
Q3 25
$493.5M
$431.3M
Q2 25
$475.4M
$430.8M
Q1 25
$457.8M
$409.9M
Q4 24
$509.3M
$406.2M
Q3 24
$466.6M
$397.4M
Q2 24
$452.8M
$389.7M
Q1 24
$471.4M
$389.8M
Net Profit
MZTI
MZTI
WPC
WPC
Q4 25
$59.1M
$148.3M
Q3 25
$47.2M
$141.0M
Q2 25
$32.5M
$51.2M
Q1 25
$41.1M
$125.8M
Q4 24
$49.0M
$47.0M
Q3 24
$44.7M
$111.7M
Q2 24
$34.8M
$142.9M
Q1 24
$28.4M
$159.2M
Gross Margin
MZTI
MZTI
WPC
WPC
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
WPC
WPC
Q4 25
14.5%
34.5%
Q3 25
12.0%
34.7%
Q2 25
8.2%
15.0%
Q1 25
10.9%
33.5%
Q4 24
14.9%
13.5%
Q3 24
12.0%
30.4%
Q2 24
9.2%
38.3%
Q1 24
7.5%
43.0%
Net Margin
MZTI
MZTI
WPC
WPC
Q4 25
11.4%
33.4%
Q3 25
9.6%
32.7%
Q2 25
6.8%
11.9%
Q1 25
9.0%
30.7%
Q4 24
9.6%
11.6%
Q3 24
9.6%
28.1%
Q2 24
7.7%
36.7%
Q1 24
6.0%
40.8%
EPS (diluted)
MZTI
MZTI
WPC
WPC
Q4 25
$2.15
Q3 25
$1.71
Q2 25
$1.18
Q1 25
$1.49
Q4 24
$1.78
Q3 24
$1.62
Q2 24
$1.27
Q1 24
$1.03

Balance Sheet & Financial Strength

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

Metric
MZTI
MZTI
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$201.6M
$155.3M
Total DebtLower is stronger
$8.7B
Stockholders' EquityBook value
$1.0B
$8.1B
Total Assets
$1.3B
$18.0B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MZTI
MZTI
WPC
WPC
Q4 25
$201.6M
$155.3M
Q3 25
$182.2M
$249.0M
Q2 25
$161.5M
$244.8M
Q1 25
$124.6M
$187.8M
Q4 24
$203.1M
$640.4M
Q3 24
$135.1M
$818.2M
Q2 24
$163.4M
$1.1B
Q1 24
$164.8M
$777.0M
Total Debt
MZTI
MZTI
WPC
WPC
Q4 25
$8.7B
Q3 25
$8.7B
Q2 25
$8.6B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.0B
Q2 24
$8.1B
Q1 24
$7.9B
Stockholders' Equity
MZTI
MZTI
WPC
WPC
Q4 25
$1.0B
$8.1B
Q3 25
$1.0B
$8.2B
Q2 25
$998.5M
$8.2B
Q1 25
$996.2M
$8.4B
Q4 24
$979.9M
$8.4B
Q3 24
$945.1M
$8.6B
Q2 24
$925.8M
$8.6B
Q1 24
$912.9M
$8.7B
Total Assets
MZTI
MZTI
WPC
WPC
Q4 25
$1.3B
$18.0B
Q3 25
$1.3B
$18.0B
Q2 25
$1.3B
$18.0B
Q1 25
$1.3B
$17.3B
Q4 24
$1.2B
$17.5B
Q3 24
$1.2B
$17.6B
Q2 24
$1.2B
$17.8B
Q1 24
$1.2B
$17.6B
Debt / Equity
MZTI
MZTI
WPC
WPC
Q4 25
1.07×
Q3 25
1.06×
Q2 25
1.05×
Q1 25
0.94×
Q4 24
0.95×
Q3 24
0.93×
Q2 24
0.94×
Q1 24
0.91×

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
WPC
WPC
Operating Cash FlowLast quarter
$88.6M
$304.6M
Free Cash FlowOCF − Capex
$70.9M
FCF MarginFCF / Revenue
13.7%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.50×
2.05×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MZTI
MZTI
WPC
WPC
Q4 25
$88.6M
$304.6M
Q3 25
$69.5M
$300.5M
Q2 25
$88.2M
$404.0M
Q1 25
$45.8M
$273.2M
Q4 24
$107.6M
$296.3M
Q3 24
$19.9M
$280.2M
Q2 24
$34.1M
$221.0M
Q1 24
$75.9M
$1.0B
Free Cash Flow
MZTI
MZTI
WPC
WPC
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
WPC
WPC
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
WPC
WPC
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
WPC
WPC
Q4 25
1.50×
2.05×
Q3 25
1.47×
2.13×
Q2 25
2.71×
7.89×
Q1 25
1.11×
2.17×
Q4 24
2.20×
6.30×
Q3 24
0.45×
2.51×
Q2 24
0.98×
1.55×
Q1 24
2.68×
6.50×

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%

WPC
WPC

Segment breakdown not available.

Related Comparisons