FLO Financials Flowers Foods Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Aug 23, 2026, 10:12 UTC Overview →

Growth & profitability

Revenue has grown 3.7% per year over the past 5 years.
Net income has grown slower than revenue (-11.3% vs 3.7% per year).
Operating margin has contracted, at 3.3% in the latest year.
Free cash flow has declined 2.2% per year over the past 5 years.

Financial health

Total debt ($1.8B) exceeds cash ($12M); net debt is $1.7B.
Total debt has grown faster than revenue (12.8% vs 3.7% per year).
Operating income covered interest expense 2.3× in the latest year, down from 8.3× 5 years ago.
Total debt is 5.1× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 249.7% of earnings and 65.6% of free cash flow.
The dividend has grown 4.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$5.3B	$84M	0.0%	3.3%	6.4%	2.0%	$319M	$1.8B	$12M
2024	$5.1B	$248M	0.0%	6.8%	17.6%	7.3%	$281M	$1.0B	$5M
2023	$5.1B	$123M	0.0%	3.4%	9.1%	3.6%	$220M	$1.0B	$23M
2022	$4.8B	$228M	0.0%	6.3%	15.8%	6.9%	$192M	$892M	$165M
2022	$4.3B	$206M	0.0%	6.8%	14.6%	6.3%	$209M	$891M	$186M
2021	$4.4B	$152M	0.0%	7.3%	11.1%	4.6%	$357M	$960M	$307M
2019	$4.1B	$165M	0.0%	5.5%	13.0%	5.2%	$263M	$867M	$11M
2018	$4.0B	$157M	0.0%	5.4%	12.5%	5.5%	$196M	$980M	$25M
2017	$3.9B	$150M	0.0%	4.1%	12.0%	5.6%	$222M	$805M	$5M
2016	$3.9B	$164M	0.0%	6.7%	13.5%	5.9%	$255M	$809M	$6M
2016	—	$189M	—	—	15.2%	6.7%	$245M	$654M	$14M
2015	—	$176M	—	—	15.6%	7.3%	—	$767M	$8M
2013	—	$231M	—	—	21.5%	9.2%	—	$927M	$9M
2012	—	$136M	—	—	15.9%	6.8%	$150M	$610M	$13M
2011	—	$123M	—	—	—	7.9%	$55M	$283M	$8M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$1.2B	$41M	0.0%	5.7%	3.1%	1.0%	$110M	$1.7B	$53M
Apr '26	$1.6B	$42M	0.0%	5.1%	3.2%	1.0%	$87M	$1.7B	$12M
Jan '26	$1.2B	-$67M	0.0%	-5.8%	-5.1%	-1.6%	$79M	$1.8B	$12M
Oct '25	$1.2B	$40M	0.0%	5.4%	2.8%	0.9%	$30M	$1.8B	$17M
Jul '25	$1.2B	$58M	0.0%	7.5%	4.1%	1.3%	$100M	$1.7B	$11M
Apr '25	$1.6B	$53M	0.0%	5.5%	3.7%	1.2%	$110M	$1.8B	$7M
Dec '24	$1.1B	$43M	0.0%	5.5%	3.1%	1.3%	$85M	$1.0B	$5M
Oct '24	$1.2B	$65M	0.0%	7.6%	4.6%	1.9%	$89M	$1.1B	$15M
Jul '24	$1.2B	$67M	0.0%	7.8%	4.8%	2.0%	$35M	$1.1B	$7M
Apr '24	$1.6B	$73M	0.0%	6.4%	5.3%	2.1%	$72M	$1.0B	$16M
Dec '23	$1.1B	$36M	0.0%	4.4%	2.6%	1.0%	$60M	$1.0B	$23M
Oct '23	$1.2B	-$47M	0.0%	-4.9%	-3.4%	-1.4%	$100M	$1.0B	$15M
Jul '23	$1.2B	$64M	0.0%	7.2%	4.3%	1.8%	$37M	$1.1B	$12M
Apr '23	$1.5B	$71M	0.0%	6.1%	4.8%	2.0%	$24M	$1.1B	$28M
Dec '22	$1.1B	$49M	0.0%	5.9%	3.4%	1.5%	$29M	$892M	$165M
Oct '22	$1.2B	$41M	0.0%	4.8%	2.8%	1.2%	$77M	$892M	$173M
Jul '22	$1.1B	$54M	0.0%	6.4%	3.7%	1.6%	$12M	$891M	$163M
Apr '22	$1.4B	$86M	0.0%	7.8%	5.9%	2.6%	$74M	$891M	$205M
Jan '22	$983M	$39M	0.0%	5.5%	2.8%	1.2%	-$20M	$891M	$186M
Oct '21	$1.0B	$39M	0.0%	5.1%	2.8%	1.2%	$63M	$890M	$308M

Valuation over time

How the market has priced FLO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 25.4× (Mar '23) to 17.2× (Nov '26).
The price-to-sales ratio has fallen from 1.2× (Mar '23) to 0.3× (Nov '26).
The dividend yield has risen from 3.2% (Mar '23) to 14.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is FLO growing its revenue and profit?

Over the past 5 years, Flowers Foods Inc's revenue has grown 3.7% per year, and net income declined 11.3% per year. These are computed facts, not advice.

How much debt does FLO have?

As of FY2026, Flowers Foods Inc reported $1.8B of total debt against $12M of cash; operating income covered interest expense 2.3×.

What is FLO's profit margin?

In FY2026, gross margin was —, operating margin 3.3%, and net margin 1.6%.

What is FLO's P/E ratio?

Flowers Foods Inc's P/E (TTM) is 26.06 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FLO stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 17.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.