Filing Flows › Comparisons › KHC vs MZTI
Kraft Heinz vs Marzetti: KHC and MZTI compared
Kraft Heinz is the larger company: $6.1B of revenue in its latest quarter (Q3 2026) against $482M for Marzetti (Q1 FY27). Kraft Heinz is growing faster (-2% against -2% a year earlier). Kraft Heinz is more profitable, with an operating margin of 14.3% against 8.6%.
Where the money goes: KHC and MZTI
Kraft Heinz (KHC) · Q3 2026
Kraft Heinz, Q3 2026: revenue $6.1B (-2% year over year), operating margin 14.3%, net earnings $544M, operating cash flow $872M. The chart follows the revenue to costs, profit and cash.
Marzetti (MZTI) · Q1 FY27
Marzetti, Q1 FY27: revenue $482M (-2% year over year), operating margin 8.6%, net earnings $29.3M, operating cash flow $51.0M. The chart follows the revenue to costs, profit and cash.
| Kraft Heinz (KHC) | Marzetti (MZTI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 FY27 |
| Revenue | $6.1B | $482M |
| Revenue growth, Y/Y | -2% | -2% |
| Gross margin | 32.5% | 23.0% |
| Operating margin | 14.3% | 8.6% |
| Net earnings | $544M | $29.3M |
| Net margin | 8.9% | 6.1% |
| Operating cash flow | $872M | $51.0M |
| Free cash flow | $702M | $33.1M |
| Market value | $29.3B | $2.9B |
| P/E | — | 16.6× |
| Analysts’ mean target | $25.15 | $142.60 |
Where the revenue comes from
Kraft Heinz
- Condiments, Sauces, and Spreads: $2.8B (45%)
- Ambient Meals and Sides: $744M (12%)
- Refreshment Beverages: $541M (9%)
- Meats: $449M (7%)
Marzetti
- Retail: $253M (52%)
- Foodservice: $229M (48%)
Questions
Which is bigger, Kraft Heinz or Marzetti?
Kraft Heinz is the larger company: $6.1B of revenue in its latest quarter (Q3 2026) against $482M for Marzetti (Q1 FY27).
Is Kraft Heinz or Marzetti growing faster?
Kraft Heinz is growing faster (-2% against -2% a year earlier).
Which is more profitable, Kraft Heinz or Marzetti?
Kraft Heinz is more profitable, with an operating margin of 14.3% against 8.6%.
More: Kraft Heinz earnings · how Kraft Heinz makes money · Marzetti earnings · how Marzetti makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.