What is Flowers Foods, Inc.'s earnings per share (EPS)?

Flowers Foods, Inc. (FLO) reported diluted earnings per share of $0.40 for fiscal year 2025. This represents a -65.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Flowers Foods, Inc. (FLO) Financials

FLO

Trailing 12 months to July 18, 2026

Revenue $5.2B +2.5% YoY

Net Income $55.2M -74.9% YoY

EPS (Diluted) $0.27 -74.0% YoY

Free Cash Flow $306.1M -20.2% YoY

Market Cap $1.3B as of Oct 8, 2026

Price / Sales 0.2x on $5.2B revenue, trailing 12 months to July 18, 2026

Price / Earnings 22.8x on $55.2M net income, trailing 12 months to July 18, 2026

Price / Book 1.0x on $1.3B equity, Q2 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2027, ended Jul 18, 2026 Reported Aug 20, 2026 Currency USD FYE January

Newest figures come from the 10-Q for Q2 FY2027, filed Aug 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FLO SEC filings page.

Flowers Foods, Inc. (FLO) reported $5.2B in revenue over the twelve months to Jul 18, 2026, up 2.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FLO FY2025 2026-10-04

Flowers Foods’ modest sales growth masked a 2025 profit collapse, heavier leverage, and tighter short-term liquidity.

Cash conversion diverged from accounting earnings: net income fell from $248M in FY2024 to $84M in FY2025, while operating cash flow rose from $413M to $446M. That gap means reported profitability weakened far more than cash production, so the earnings decline was not matched by an equivalent deterioration in internally generated cash.

Revenue rose 3.0%, but operating margin fell to 3.3% in FY2025. Costs absorbed most of the incremental sales, and the lower net margin shows that pressure continued below operating income rather than reflecting a simple volume slowdown.

Investing cash flow reached -$943M against capital expenditures of $127M, indicating that the period’s major cash use extended well beyond routine facility reinvestment. Meanwhile, the current ratio fell to 0.7x and debt-to-equity reached 1.0x, showing a balance sheet more dependent on financing and less comfortable for near-term obligations than in FY2024.

Financial Health Signals

Financial Health Score 37/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Flowers Foods, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Flowers Foods, Inc. has an operating margin of 3.3%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 54/100, indicating healthy but not exceptional operating efficiency. This is down from 6.8% the prior year.

Growth

Flowers Foods, Inc.'s revenue grew a modest 3.0% year-over-year to $5.3B. This slow but positive growth earns a score of 36/100.

Leverage

Flowers Foods, Inc. has elevated debt relative to equity (D/E of 1.04), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 15/100, reflecting increased financial risk.

Liquidity

Flowers Foods, Inc.'s current ratio of 0.75 is below the typical benchmark, resulting in a score of 10/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Flowers Foods, Inc. has a free cash flow margin of 6.1%, earning a moderate score of 48/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Flowers Foods, Inc.'s ROE of 6.4% shows moderate profitability relative to equity, earning a score of 61/100. This is down from 17.6% the prior year.

Altman Z-Score Grey Zone

1.87

Flowers Foods, Inc. scores 1.87, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

3/9

Flowers Foods, Inc. passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

5.32x

For every $1 of reported earnings, Flowers Foods, Inc. generates $5.32 in operating cash flow ($446.2M OCF vs $83.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.27x

Flowers Foods, Inc. earns $2.27 in operating income for every $1 of interest expense ($174.0M vs $76.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.2B

YoY-4.0%

QoQ-24.1%

5Y CAGR+3.2%

10Y CAGR+2.5%

Flowers Foods, Inc. generated $1.2B in revenue in Q2 2027. This represents a decrease of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 24.1%.

EBITDA

$106.7M

YoY-19.9%

QoQ-18.9%

Flowers Foods, Inc.'s EBITDA was $106.7M in Q2 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 19.9% from the same quarter a year earlier. Against the prior quarter it is down 18.9%.

Net Income

$40.7M

YoY-30.3%

QoQ-3.3%

5Y CAGR-6.3%

10Y CAGR-2.3%

Flowers Foods, Inc. reported $40.7M in net income in Q2 2027. This represents a decrease of 30.3% from the same quarter a year earlier. Against the prior quarter it is down 3.3%.

EPS (Diluted)

$0.19

YoY-32.1%

QoQ-5.0%

5Y CAGR-6.1%

10Y CAGR-2.3%

Flowers Foods, Inc. earned $0.19 per diluted share (EPS) in Q2 2027. This represents a decrease of 32.1% from the same quarter a year earlier. Against the prior quarter it is down 5.0%.

Cash & Balance Sheet

Free Cash Flow

$109.8M

YoY+9.8%

QoQ+25.9%

5Y CAGR+3.1%

10Y CAGR+6.5%

Flowers Foods, Inc. generated $109.8M in free cash flow in Q2 2027, representing cash available after capex. This represents an increase of 9.8% from the same quarter a year earlier. Against the prior quarter it is up 25.9%.

Cash & Debt

$52.8M

YoY+377.7%

QoQ+358.1%

5Y CAGR-29.0%

10Y CAGR+16.4%

Flowers Foods, Inc. held $52.8M in cash against $1.3B in long-term debt as of Q2 2027.

Dividends Per Share

$0.13

YoY-49.5%

QoQ-49.5%

5Y CAGR-9.9%

10Y CAGR-2.4%

Flowers Foods, Inc. paid $0.13 per share in dividends in Q2 2027. This represents a decrease of 49.5% from the same quarter a year earlier. Against the prior quarter it is down 49.5%.

Shares Outstanding

212M

YoY+0.4%

QoQ0.0%

5Y CAGR0.0%

10Y CAGR+0.2%

Flowers Foods, Inc. had 212M shares outstanding in Q2 2027. This represents an increase of 0.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

48.4%

YoY-0.4pp

QoQ-0.9pp

5Y change-2.0pp

Flowers Foods, Inc.'s gross margin was 48.4% in Q2 2027, indicating the percentage of revenue retained after direct costs. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.

Operating Margin

5.7%

YoY-1.8pp

QoQ+0.6pp

Flowers Foods, Inc.'s operating margin was 5.7% in Q2 2027, reflecting core business profitability. This is down 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Net Margin

3.4%

YoY-1.3pp

QoQ+0.7pp

5Y change-2.1pp

10Y change-2.1pp

Flowers Foods, Inc.'s net profit margin was 3.4% in Q2 2027, showing the share of revenue converted to profit. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Return on Equity

3.1%

YoY-1.0pp

QoQ-0.2pp

5Y change-0.9pp

10Y change-1.4pp

Flowers Foods, Inc.'s ROE was 3.1% in Q2 2027, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Capital Allocation

Share Buybacks

$37K

QoQ-99.0%

10Y CAGR+43.5%

Flowers Foods, Inc. spent $37K on share buybacks in Q2 2027, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 99.0%.

Capital Expenditures

$23.9M

YoY-22.6%

QoQ+15.7%

5Y CAGR-5.1%

10Y CAGR+3.0%

Flowers Foods, Inc. invested $23.9M in capex in Q2 2027, funding long-term assets and infrastructure. This represents a decrease of 22.6% from the same quarter a year earlier. Against the prior quarter it is up 15.7%.

R&D Spending

Not reported for Q2 2027.

FLO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLO quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$5.2B	$5.3B+3.0%	$5.1B+0.2%	$5.1B+5.9%	$4.8B+11.0%	$4.3B-1.3%	$4.4B+6.4%	$4.1B+4.4%	$4.0B+0.8%	$3.9B-0.2%	$3.9B+3.9%	$3.8B+0.8%	$3.7B+0.4%	$3.7B+23.1%	$3.0B+9.3%	$2.8B
Cost of Revenue	$2.7B	$2.7B+4.3%	$2.6B-2.1%	$2.6B+5.2%	$2.5B+15.0%	$2.2B-1.0%	$2.2B+1.9%	$2.2B+4.3%	$2.1B+2.9%	$2.0B	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$2.5B	$2.6B+1.7%	$2.5B+2.7%	$2.5B+6.7%	$2.3B+6.9%	$2.2B-1.7%	$2.2B+11.4%	$2.0B+4.4%	$1.9B-1.4%	$1.9B	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	$9K-99.8%	$5.1M-13.6%	$5.9M-3.3%	$6.1M+8.9%	$5.6M+40.0%	$4.0M-7.0%	$4.3M-12.2%	$4.9M+104.2%	$2.4M-20.0%	$3.0M-9.1%	$3.3M+3.1%	$3.2M+23.1%	$2.6M	N/A	N/A
SG&A Expenses	$2.1B	$2.1B+3.7%	$2.0B-5.6%	$2.1B+14.5%	$1.9B+7.6%	$1.7B+1.6%	$1.7B+7.5%	$1.6B+4.5%	$1.5B-0.2%	$1.5B+2.8%	$1.5B+6.4%	$1.4B+1.0%	$1.4B+0.9%	$1.4B+24.2%	$1.1B+7.4%	$1.0B
Operating Income	$143.4M	$174.0M-50.0%	$348.3M+101.5%	$172.9M-43.0%	$303.2M+2.8%	$294.9M-8.3%	$321.5M+42.6%	$225.4M+6.2%	$212.3M+31.9%	$161.0M-39.2%	$264.9M-11.1%	$297.9M+8.2%	$275.4M-17.8%	$335.2M+53.4%	$218.5M+15.6%	$189.0M
EBITDA	N/A	$341.4M-32.7%	$507.5M+56.4%	$324.6M-27.1%	$445.2M+3.2%	$431.5M-6.8%	$462.9M+25.2%	$369.7M+3.7%	$356.5M+15.8%	$307.7M-24.2%	$405.8M-5.6%	$430.1M+6.4%	$404.4M-10.9%	$453.7M+41.3%	$321.2M+13.2%	$283.7M
Interest Expense	$80.6M	$76.7M+106.5%	$37.1M+1.4%	$36.6M+26.6%	$28.9M-8.3%	$31.5M-18.7%	$38.8M-0.1%	$38.8M+8.9%	$35.7M-2.4%	$36.6M+4.7%	$34.9M+30.2%	$26.8M-5.2%	$28.3M-2.0%	$28.9M+23.3%	$23.4M+130.2%	$10.2M
Income Tax	$24.5M	$31.2M-61.3%	$80.8M+139.9%	$33.7M-52.1%	$70.3M+8.9%	$64.6M+33.5%	$48.4M+1.8%	$47.5M+18.9%	$40.0M+4936.9%	-$827K-101.0%	$85.8M-17.4%	$103.8M+12.5%	$92.3M+0.9%	$91.5M+25.9%	$72.7M+6.0%	$68.5M
Net Income	$55.2M	$83.8M-66.2%	$248.1M+101.0%	$123.4M-46.0%	$228.4M+10.8%	$206.2M+35.4%	$152.3M-7.4%	$164.5M+4.7%	$157.2M+4.7%	$150.1M-8.3%	$163.8M-13.4%	$189.2M+7.7%	$175.7M-23.9%	$230.9M+69.6%	$136.1M+10.3%	$123.4M
EPS (Basic)	N/A	$0.40-66.1%	$1.18+103.4%	$0.58-46.3%	$1.08+11.3%	$0.97+34.7%	$0.72-7.7%	$0.78+5.4%	$0.74+2.8%	$0.72-8.9%	$0.79-12.2%	$0.90+7.1%	$0.84-24.3%	$1.11+68.2%	$0.66+8.2%	$0.61
EPS (Diluted)	$0.27	$0.40-65.8%	$1.17+101.7%	$0.58-45.8%	$1.07+10.3%	$0.97+34.7%	$0.72-7.7%	$0.78+5.4%	$0.74+4.2%	$0.71-9.0%	$0.78-12.4%	$0.89+8.5%	$0.82-24.8%	$1.09+65.2%	$0.66+10.0%	$0.60
Diluted Shares (Avg)	N/A	212M0.0%	212M-0.6%	213M+0.1%	213M+0.1%	213M+0.3%	212M+0.2%	212M+0.2%	212M+0.6%	210M0.0%	210M-1.4%	213M+0.1%	213M+0.5%	212M+2.0%	208M+1.1%	205M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Revenue	$1.2B-4.0%	$1.6B+1.1%	$1.2B+11.0%	$1.2B+3.0%	$1.2B+1.5%	$1.6B-1.4%	$1.1B-1.6%	$1.2B-0.7%
Cost of Revenue	$615.0M-3.3%	$795.4M+2.2%	$634.5M+11.6%	$638.7M+6.8%	$636.1M+3.7%	$778.3M-2.4%	$568.5M-3.3%	$598.2M-3.1%
Gross Profit	$577.9M-4.8%	$776.2M0.0%	$598.4M+10.3%	$587.9M-0.8%	$606.8M-0.8%	$775.9M-0.5%	$542.7M+0.3%	$592.4M+1.8%
SG&A Expenses	$473.2M-0.1%	$642.9M+1.5%	$492.4M+10.9%	$476.0M+3.4%	$473.5M+0.5%	$633.5M+1.3%	$444.0M-0.9%	$460.4M-23.8%
Operating Income	$68.1M-27.1%	$79.8M-6.3%	-$71.1M-215.9%	$66.5M-26.2%	$93.4M-1.9%	$85.1M-16.2%	$61.4M+23.0%	$90.2M+251.9%
EBITDA	$106.7M-19.9%	$131.6M-2.1%	-$32.6M-133.2%	$106.4M-16.6%	$133.2M+0.9%	$134.4M-10.3%	$98.2M+13.0%	$127.5M+645.5%
Interest Expense	$17.9M-5.4%	$24.7M+25.3%	$19.9M+143.8%	$18.2M+109.7%	$18.9M+110.2%	$19.7M+74.1%	$8.2M-0.6%	$8.7M+1.6%
Income Tax	$13.6M-32.3%	$18.0M-1.1%	-$19.7M-242.8%	$12.6M-38.6%	$20.1M-14.3%	$18.2M-21.0%	$13.8M+32.6%	$20.5M+224.0%
Net Income	$40.7M-30.3%	$42.1M-20.6%	-$67.1M-255.5%	$39.5M-39.2%	$58.4M-12.8%	$53.0M-27.4%	$43.1M+20.9%	$65.0M+239.1%
EPS (Basic)	$0.19-32.1%	$0.20-20.0%	-$0.31-247.6%	$0.19-38.7%	$0.28-12.5%	$0.25-28.6%	$0.21+23.5%	$0.31+240.9%
EPS (Diluted)	$0.19-32.1%	$0.20-20.0%	-$0.31-255.0%	$0.19-38.7%	$0.28-12.5%	$0.25-26.5%	$0.20+17.6%	$0.31+240.9%
Diluted Shares (Avg)	212M+0.2%	213M+0.2%	N/A	212M+0.1%	212M-0.2%	212M0.0%	N/A	212M+0.2%

Not reported in any period shown, so not listed: R&D Expenses.

FLO Balance Sheet

FLO quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$4.2B+23.0%	$3.4B-0.8%	$3.4B+3.4%	$3.3B+1.8%	$3.3B-2.1%	$3.3B+4.6%	$3.2B+11.7%	$2.8B+7.0%	$2.7B-3.7%	$2.8B-2.9%	$2.8B+18.1%	$2.4B-3.8%	$2.5B+25.5%	$2.0B+28.4%	$1.6B
Current Assets	$729.1M+11.1%	$656.4M-4.6%	$687.7M-14.6%	$804.9M+7.9%	$746.1M-11.0%	$838.2M+51.3%	$553.9M+1.9%	$543.7M+7.2%	$507.2M+6.4%	$476.8M-4.7%	$500.3M+8.6%	$460.6M-5.5%	$487.4M+4.9%	$464.5M+22.7%	$378.6M
Cash & Equivalents	$12.1M+141.8%	$5.0M-77.8%	$22.5M-86.4%	$165.1M-11.2%	$185.9M-39.5%	$307.5M+2684.1%	$11.0M-56.4%	$25.3M+393.4%	$5.1M-20.0%	$6.4M-55.4%	$14.4M+91.1%	$7.5M-11.8%	$8.5M-35.7%	$13.3M+70.6%	$7.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$201.7M+17.3%	$171.9M-6.8%	$184.5M+9.4%	$168.7M+25.0%	$135.0M+7.8%	$125.2M-1.4%	$127.1M+3.6%	$122.6M+10.4%	$111.0M+0.1%	$110.9M-0.3%	$111.2M+19.4%	$93.1M-7.7%	$100.9M+10.8%	$91.0M+22.8%	$74.1M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.0B+54.1%	$679.9M+0.3%	$677.8M+24.3%	$545.2M0.0%	$545.2M0.0%	$545.2M0.0%	$545.2M0.0%	$545.4M+17.3%	$464.8M-0.2%	$465.6M+0.1%	$464.9M+64.3%	$283.0M+0.2%	$282.4M+4.6%	$269.9M+22.8%	$219.7M
Total Liabilities	$2.9B+44.7%	$2.0B-4.1%	$2.1B+11.0%	$1.9B+1.5%	$1.8B-5.5%	$2.0B+1.9%	$1.9B+20.6%	$1.6B+12.6%	$1.4B-9.2%	$1.6B-3.1%	$1.6B+24.5%	$1.3B-9.9%	$1.4B+25.6%	$1.1B+43.0%	$795.0M
Current Liabilities	$976.2M+77.9%	$548.6M-16.8%	$659.2M+16.8%	$564.4M+8.6%	$519.9M+3.1%	$504.1M-4.6%	$528.1M+31.9%	$400.3M+1.6%	$394.0M+15.7%	$340.6M-15.6%	$403.7M+27.9%	$315.6M-3.7%	$327.8M-7.7%	$355.0M+32.2%	$268.4M
Non-Current Liabilities	$1.9B+32.1%	$1.4B+1.8%	$1.4B+8.5%	$1.3B-1.3%	$1.3B-8.6%	$1.4B+4.3%	$1.4B+16.8%	$1.2B+16.9%	$1.0B-16.1%	$1.2B+1.1%	$1.2B+395.9%	$241.4M+16.3%	$207.6M-16.1%	$247.3M+1.7%	$243.2M
Long-Term Debt	$1.4B+32.7%	$1.0B-2.5%	$1.0B+17.5%	$891.8M+0.1%	$890.6M-7.2%	$960.1M+11.3%	$862.8M-11.5%	$974.6M+18.8%	$820.1M-13.4%	$946.7M+1.8%	$930.0M+27.6%	$728.9M-18.3%	$892.5M+66.8%	$535.0M+88.8%	$283.4M
Total Equity	$1.3B-7.6%	$1.4B+4.3%	$1.4B-6.3%	$1.4B+2.3%	$1.4B+2.8%	$1.4B+8.7%	$1.3B+0.4%	$1.3B+0.6%	$1.3B+3.4%	$1.2B-2.7%	$1.2B+10.7%	$1.1B+4.4%	$1.1B+25.3%	$858.6M+13.1%	$759.0M
Retained Earnings	$852.1M-12.8%	$977.6M+4.8%	$932.5M-7.1%	$1.0B+4.4%	$962.4M+3.2%	$932.1M-1.6%	$947.0M+0.2%	$945.4M+2.8%	$919.7M+1.0%	$910.5M+3.7%	$877.8M+8.5%	$809.1M+10.0%	$735.6M+23.1%	$597.6M+9.1%	$548.0M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Total Assets	$4.2B-3.7%	$4.2B-3.4%	$4.2B+23.0%	$4.3B+26.8%	$4.3B+26.7%	$4.3B+26.2%	$3.4B-0.8%	$3.4B-0.1%
Current Assets	$786.3M+6.2%	$761.5M+6.5%	$729.1M+11.1%	$751.8M+6.2%	$740.7M+5.4%	$715.3M+3.9%	$656.4M-4.6%	$707.7M-1.0%
Cash & Equivalents	$52.8M+377.7%	$11.5M+56.9%	$12.1M+141.8%	$16.7M+11.7%	$11.0M+60.9%	$7.3M-53.6%	$5.0M-77.8%	$15.0M+2.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$207.6M-1.3%	$199.5M-3.7%	$201.7M+17.3%	$203.4M+19.8%	$210.2M+24.2%	$207.1M+17.7%	$171.9M-6.8%	$169.7M-7.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.0B-0.1%	$1.0B-1.8%	$1.0B+54.1%	$1.0B+54.1%	$1.0B+54.1%	$1.1B+56.9%	$679.9M+0.3%	$679.9M+0.3%
Total Liabilities	$2.9B-1.9%	$2.9B-1.1%	$2.9B+44.7%	$2.9B+44.8%	$2.9B+42.7%	$2.9B+41.8%	$2.0B-4.1%	$2.0B-1.8%
Current Liabilities	$1.0B+72.8%	$988.2M+73.8%	$976.2M+77.9%	$957.6M+68.3%	$589.3M0.0%	$568.7M-8.6%	$548.6M-16.8%	$569.1M-15.0%
Non-Current Liabilities	$1.8B-20.8%	$1.9B-19.3%	$1.9B+32.1%	$2.0B+35.6%	$2.3B+60.1%	$2.3B+63.7%	$1.4B+1.8%	$1.5B+4.6%
Long-Term Debt	$1.3B-26.5%	$1.3B-26.0%	$1.4B+32.7%	$1.4B+30.9%	$1.7B+63.6%	$1.8B+71.6%	$1.0B-2.5%	$1.1B+1.6%
Total Equity	$1.3B-7.3%	$1.3B-8.0%	$1.3B-7.6%	$1.4B+1.0%	$1.4B+3.1%	$1.4B+2.9%	$1.4B+4.3%	$1.4B+2.3%
Retained Earnings	$853.8M-13.2%	$839.7M-14.2%	$852.1M-12.8%	$971.4M-1.4%	$984.1M+1.4%	$978.2M+2.5%	$977.6M+4.8%	$985.0M+4.2%

Not reported in any period shown, so not listed: Accounts Receivable.

FLO Cash Flow Statement

FLO quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$421.3M	$446.2M+8.1%	$412.7M+18.1%	$349.4M-3.2%	$360.9M+4.7%	$344.6M-24.2%	$454.5M+23.8%	$367.0M+24.0%	$295.9M-0.5%	$297.4M-16.6%	$356.6M+6.2%	$335.7M+6.5%	$315.2M+16.5%	$270.5M+24.7%	$216.9M+61.5%	$134.3M
Depreciation & Amortization	N/A	$167.4M+5.2%	$159.2M+4.9%	$151.7M+6.9%	$142.0M+4.0%	$136.6M-3.4%	$141.4M-2.0%	$144.2M+0.1%	$144.1M-1.8%	$146.7M+4.2%	$140.9M+6.6%	$132.2M+2.5%	$129.0M+8.8%	$118.5M+15.4%	$102.7M+8.5%	$94.6M
Stock-Based Compensation	N/A	$32.3M+8.6%	$29.7M+10.4%	$26.9M+4.3%	$25.8M+21.0%	$21.3M+66.0%	$12.9M+73.0%	$7.4M-8.8%	$8.1M-49.4%	$16.1M-14.2%	$18.8M+19.6%	$15.7M-15.9%	$18.7M+17.1%	$15.9M+57.6%	$10.1M-25.8%	$13.6M
Capital Expenditures	$115.2M	$127.1M-3.8%	$132.1M+2.3%	$129.1M-23.7%	$169.1M+24.3%	$136.0M+38.8%	$97.9M-5.6%	$103.7M+4.3%	$99.4M+32.2%	$75.2M-26.0%	$101.7M+12.1%	$90.8M+8.3%	$83.8M-15.5%	$99.2M+47.5%	$67.3M-15.0%	$79.2M
Free Cash Flow	$306.1M	$319.1M+13.7%	$280.6M+27.4%	$220.3M+14.8%	$191.8M-8.1%	$208.6M-41.5%	$356.5M+35.4%	$263.3M+34.0%	$196.5M-11.6%	$222.2M-12.8%	$254.8M+4.1%	$244.9M+5.8%	$231.4M+35.1%	$171.3M+14.5%	$149.6M+171.4%	$55.1M
Investing Cash Flow	-$116.5M	-$943.2M-446.2%	-$172.7M+57.2%	-$403.8M-167.3%	-$151.1M+21.1%	-$191.4M-158.7%	-$74.0M+23.8%	-$97.1M+67.8%	-$301.8M-752.7%	-$35.4M+53.9%	-$76.7M+83.7%	-$469.8M	N/A	N/A	-$385.4M-62.0%	-$237.9M
Financing Cash Flow	-$263.0M	$504.0M+295.7%	-$257.5M-192.1%	-$88.1M+60.3%	-$222.2M+19.1%	-$274.8M-227.0%	-$84.0M+70.4%	-$284.1M-1189.0%	$26.1M+109.9%	-$263.3M+8.5%	-$287.8M-304.1%	$141.0M	N/A	N/A	$174.0M+66.3%	$104.7M
Dividends Paid	$185.6M	$209.3M+3.1%	$203.0M+4.0%	$195.2M+4.7%	$186.5M+6.0%	$175.9M+5.2%	$167.3M+4.6%	$160.0M+6.5%	$150.2M+6.5%	$141.0M+7.6%	$131.1M+8.8%	$120.4M+17.7%	$102.3M+10.2%	$92.8M+7.3%	$86.5M+9.4%	$79.1M
Share Buybacks	$3.8M	$5.5M-75.8%	$22.7M-50.4%	$45.8M+32.4%	$34.6M+263.7%	$9.5M+1114.6%	$783K-88.9%	$7.1M+183.4%	$2.5M-6.8%	$2.7M-97.9%	$126.3M+1741.6%	$6.9M-82.4%	$38.9M+341.3%	$8.8M-52.9%	$18.7M-29.6%	$26.6M

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Operating Cash Flow	$133.7M+2.2%	$107.9M-20.5%	$125.4M-3.8%	$54.4M-52.3%	$130.8M+106.8%	$135.6M+29.0%	$130.3M+41.6%	$113.9M-11.3%
Depreciation & Amortization	$38.6M-3.1%	$51.8M+5.1%	$38.5M+4.5%	$39.9M+6.8%	$39.8M+8.1%	$49.3M+2.1%	$36.8M-0.5%	$37.3M+3.8%
Stock-Based Compensation	$7.1M-1.2%	$12.2M+2.1%	N/A	$6.6M+3.4%	$7.2M+23.3%	$12.0M+106.4%	N/A	$6.4M+8.5%
Capital Expenditures	$23.9M-22.6%	$20.6M-19.3%	$46.8M+3.0%	$23.9M-5.7%	$30.8M+10.4%	$25.6M-23.3%	$45.5M+41.7%	$25.4M-11.3%
Free Cash Flow	$109.8M+9.8%	$87.2M-20.8%	$78.6M-7.4%	$30.4M-65.7%	$100.0M+182.9%	$110.1M+53.3%	$84.8M+41.5%	$88.6M-11.2%
Investing Cash Flow	-$25.1M+29.0%	-$19.6M+97.7%	-$47.8M+20.0%	-$24.0M+34.1%	-$35.4M+12.8%	-$836.0M-2227.0%	-$59.7M-60.2%	-$36.4M-29.4%
Financing Cash Flow	-$67.3M+26.6%	-$88.8M-112.6%	-$82.3M-2.1%	-$24.7M+64.5%	-$91.8M-189.9%	$702.7M+1025.5%	-$80.5M-72.1%	-$69.4M+28.7%
Dividends Paid	$26.6M-49.3%	$54.4M+4.0%	$52.3M+3.4%	$52.3M+3.4%	$52.4M+3.2%	$52.3M+2.4%	$50.5M+4.2%	$50.5M+4.0%
Share Buybacks	$37K	$3.8M-31.1%	$0	$0	$0-100.0%	$5.5M-38.1%	$0-100.0%	$0-100.0%

FLO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLO quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	48.9%-0.6pp	49.5%+1.2pp	48.3%+0.4pp	47.9%-1.8pp	49.8%-0.2pp	50.0%+2.2pp	47.7%0.0pp	47.7%-1.1pp	48.8%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	3.3%-3.5pp	6.8%+3.4pp	3.4%-2.9pp	6.3%-0.5pp	6.8%-0.5pp	7.3%+1.9pp	5.5%+0.1pp	5.4%+1.3pp	4.1%-2.6pp	6.8%-1.1pp	7.9%+0.5pp	7.3%-1.6pp	9.0%+1.8pp	7.2%+0.4pp	6.8%
Net Margin	1.6%-3.3pp	4.9%+2.4pp	2.4%-2.3pp	4.8%0.0pp	4.8%+1.3pp	3.5%-0.5pp	4.0%0.0pp	4.0%+0.2pp	3.8%-0.3pp	4.2%-0.8pp	5.0%+0.3pp	4.7%-1.5pp	6.2%+1.7pp	4.5%0.0pp	4.5%
Return on Equity	6.4%-11.2pp	17.6%+8.5pp	9.1%-6.7pp	15.8%+1.2pp	14.6%+3.5pp	11.1%-1.9pp	13.0%+0.5pp	12.5%+0.5pp	12.0%-1.5pp	13.5%-1.7pp	15.2%-0.4pp	15.7%-5.8pp	21.4%+5.6pp	15.8%-0.4pp	16.3%
Return on Assets	2.0%-5.3pp	7.3%+3.7pp	3.6%-3.3pp	6.9%+0.6pp	6.3%+1.8pp	4.6%-0.6pp	5.2%-0.3pp	5.5%-0.1pp	5.6%-0.3pp	5.9%-0.7pp	6.7%-0.6pp	7.3%-1.9pp	9.2%+2.4pp	6.8%-1.1pp	7.9%
Current Ratio	0.75-0.4x	1.20+0.2x	1.04-0.4x	1.430.0x	1.44-0.2x	1.66+0.6x	1.05-0.3x	1.36+0.1x	1.29-0.1x	1.40+0.2x	1.24-0.2x	1.460.0x	1.49+0.2x	1.31-0.1x	1.41
Debt-to-Equity	1.04+0.3x	0.72-0.1x	0.78+0.2x	0.620.0x	0.63-0.1x	0.700.0x	0.68-0.1x	0.77+0.1x	0.66-0.1x	0.780.0x	0.75+0.1x	0.65-0.2x	0.83+0.2x	0.62+0.2x	0.37
Asset Turnover	1.26-0.2x	1.500.0x	1.490.0x	1.45+0.1x	1.330.0x	1.320.0x	1.30-0.1x	1.39-0.1x	1.47+0.1x	1.42+0.1x	1.33-0.2x	1.56+0.1x	1.490.0x	1.52-0.3x	1.78
FCF Margin	6.1%+0.6pp	5.5%+1.2pp	4.3%+0.3pp	4.0%-0.8pp	4.8%-3.3pp	8.1%+1.8pp	6.4%+1.4pp	5.0%-0.7pp	5.7%-0.8pp	6.5%0.0pp	6.5%+0.3pp	6.2%+1.6pp	4.6%-0.3pp	4.9%+2.9pp	2.0%

Metric	Q2'2710-Q	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q
Gross Margin	48.4%-0.4pp	49.4%-0.5pp	48.5%-0.3pp	47.9%-1.8pp	48.8%-1.1pp	49.9%+0.5pp	48.8%+0.9pp	49.8%+1.2pp
Operating Margin	5.7%-1.8pp	5.1%-0.4pp	-5.8%-11.3pp	5.4%-2.2pp	7.5%-0.3pp	5.5%-1.0pp	5.5%+1.1pp	7.6%+12.5pp
Net Margin	3.4%-1.3pp	2.7%-0.7pp	-5.4%-9.3pp	3.2%-2.2pp	4.7%-0.8pp	3.4%-1.2pp	3.9%+0.7pp	5.5%+9.4pp
Return on Equity	3.1%-1.0pp	3.2%-0.5pp	-5.1%-8.2pp	2.8%-1.8pp	4.1%-0.8pp	3.7%-1.6pp	3.1%+0.4pp	4.6%+8.0pp
Return on Assets	1.0%-0.4pp	1.0%-0.2pp	-1.6%-2.9pp	0.9%-1.0pp	1.3%-0.6pp	1.2%-0.9pp	1.3%+0.2pp	1.9%+3.3pp
Current Ratio	0.77-0.5x	0.77-0.5x	0.75-0.4x	0.79-0.5x	1.26+0.1x	1.26+0.2x	1.20+0.2x	1.24+0.2x
Debt-to-Equity	0.97-0.3x	1.02-0.2x	1.04+0.3x	0.97+0.2x	1.23+0.5x	1.26+0.5x	0.72-0.1x	0.750.0x
Asset Turnover	0.280.0x	0.380.0x	0.290.0x	0.28-0.1x	0.29-0.1x	0.36-0.1x	0.330.0x	0.350.0x
FCF Margin	9.2%+1.2pp	5.5%-1.5pp	6.4%-1.3pp	2.5%-5.0pp	8.1%+5.2pp	7.1%+2.5pp	7.6%+2.3pp	7.4%-0.9pp

Note: The current ratio is below 1.0 (0.75), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Flowers Foods, Inc. FLO	FY2025	$5.3B	$83.8M	1.6%	$1.3B	37/100
The Simply Good Foods Company SMPL	FY2025	$1.5B	$103.6M	7.1%	$874.9M	69/100
Freshpet, Inc. FRPT	FY2025	$1.1B	$139.1M	12.6%	$3.0B	53/100
Central Garden and Pet Co CENT	FY2025	$3.1B	$162.8M	5.2%	$2.5B	59/100
Central Garden & Pet Company CENTA	FY2025	$3.1B	$162.8M	5.2%	$2.2B	59/100

Where Flowers Foods, Inc. Ranks

Frequently Asked Questions

What is Flowers Foods, Inc.'s annual revenue?

Flowers Foods, Inc. (FLO) reported $5.3B in total revenue for fiscal year 2025. This represents a 3.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Flowers Foods, Inc.'s revenue growing?

Flowers Foods, Inc. (FLO) revenue grew by 3.0% year-over-year, from $5.1B to $5.3B in fiscal year 2025.

Is Flowers Foods, Inc. profitable?

Yes, Flowers Foods, Inc. (FLO) reported a net income of $83.8M in fiscal year 2025, with a net profit margin of 1.6%.

What is Flowers Foods, Inc.'s EBITDA?

Flowers Foods, Inc. (FLO) had EBITDA of $341.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Flowers Foods, Inc. have?

As of fiscal year 2025, Flowers Foods, Inc. (FLO) had $12.1M in cash and equivalents against $1.4B in long-term debt.

What is Flowers Foods, Inc.'s gross margin?

Flowers Foods, Inc. (FLO) had a gross margin of 48.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Flowers Foods, Inc.'s operating margin?

Flowers Foods, Inc. (FLO) had an operating margin of 3.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Flowers Foods, Inc.'s net profit margin?

Flowers Foods, Inc. (FLO) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Flowers Foods, Inc. pay dividends?

Yes, Flowers Foods, Inc. (FLO) paid $0.98 per share in dividends during fiscal year 2025.

What is Flowers Foods, Inc.'s return on equity (ROE)?

Flowers Foods, Inc. (FLO) has a return on equity of 6.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Flowers Foods, Inc.'s free cash flow?

Flowers Foods, Inc. (FLO) generated $319.1M in free cash flow during fiscal year 2025. This represents a 13.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Flowers Foods, Inc.'s operating cash flow?

Flowers Foods, Inc. (FLO) generated $446.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Flowers Foods, Inc.'s total assets?

Flowers Foods, Inc. (FLO) had $4.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Flowers Foods, Inc.'s capital expenditures?

Flowers Foods, Inc. (FLO) invested $127.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Flowers Foods, Inc. spend on research and development?

Flowers Foods, Inc. (FLO) invested $9K in research and development during fiscal year 2025.

Does Flowers Foods, Inc. buy back shares?

Yes, Flowers Foods, Inc. (FLO) spent $5.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Flowers Foods, Inc. have outstanding?

Flowers Foods, Inc. (FLO) had 212M shares outstanding as of fiscal year 2025.

What is Flowers Foods, Inc.'s current ratio?

Flowers Foods, Inc. (FLO) had a current ratio of 0.75 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Flowers Foods, Inc.'s debt-to-equity ratio?

Flowers Foods, Inc. (FLO) had a debt-to-equity ratio of 1.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Flowers Foods, Inc.'s return on assets (ROA)?

Flowers Foods, Inc. (FLO) had a return on assets of 2.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Flowers Foods, Inc.'s P/E ratio?

Flowers Foods, Inc. (FLO) trades at 22.8x earnings, its market capitalization divided by net income of $55.2M net income, trailing 12 months to July 18, 2026. The market capitalization is $1.3B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Flowers Foods, Inc.'s price-to-sales ratio?

Flowers Foods, Inc. (FLO) trades at 0.2x sales, its market capitalization divided by revenue of $5.2B revenue, trailing 12 months to July 18, 2026. The market capitalization is $1.3B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Flowers Foods, Inc.'s Altman Z-Score?

Flowers Foods, Inc. (FLO) has an Altman Z-Score of 1.87, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Flowers Foods, Inc.'s Piotroski F-Score?

Flowers Foods, Inc. (FLO) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Flowers Foods, Inc.'s earnings high quality?

Flowers Foods, Inc. (FLO) has an earnings quality ratio of 5.32x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Flowers Foods, Inc. cover its interest payments?

Flowers Foods, Inc. (FLO) has an interest coverage ratio of 2.27x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Flowers Foods, Inc.?

Flowers Foods, Inc. (FLO) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.