Flowers Foods (FLO) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
5.1B
Gross Profit
2.5B
49.50%
Operating Income
366.0M
7.17%
Net Income
248.1M
4.86%
EPS (Diluted)
$1.17
Balance Sheet Metrics
Total Assets
3.4B
Total Liabilities
2.0B
Shareholders Equity
1.4B
Debt to Equity
1.41
Cash Flow Metrics
Operating Cash Flow
389.0M
Free Cash Flow
280.6M
Revenue & Profitability Trend
Flowers Foods Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.1B | 5.1B | 4.8B | 4.3B | 4.4B |
| Cost of Goods Sold | 2.6B | 2.6B | 2.5B | 2.2B | 2.2B |
| Gross Profit | 2.5B | 2.5B | 2.3B | 2.2B | 2.2B |
| Operating Expenses | 2.0B | 2.1B | 1.9B | 1.7B | 1.7B |
| Operating Income | 366.0M | 187.3M | 311.3M | 299.2M | 357.1M |
| Pre-tax Income | 328.9M | 157.1M | 298.7M | 270.8M | 200.7M |
| Income Tax | 80.8M | 33.7M | 70.3M | 64.6M | 48.4M |
| Net Income | 248.1M | 123.4M | 228.4M | 206.2M | 152.3M |
| EPS (Diluted) | $1.17 | $0.58 | $1.07 | $0.97 | $0.72 |
Income Statement Trend
Flowers Foods Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 656.4M | 687.7M | 804.9M | 746.1M | 838.2M |
| Non-Current Assets | 2.7B | 2.7B | 2.5B | 2.5B | 2.5B |
| Total Assets | 3.4B | 3.4B | 3.3B | 3.3B | 3.3B |
| Liabilities | |||||
| Current Liabilities | 548.6M | 659.2M | 564.4M | 519.9M | 504.1M |
| Non-Current Liabilities | 1.4B | 1.4B | 1.3B | 1.3B | 1.4B |
| Total Liabilities | 2.0B | 2.1B | 1.9B | 1.8B | 2.0B |
| Equity | |||||
| Total Shareholders Equity | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B |
Balance Sheet Composition
Flowers Foods Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 248.1M | 123.4M | 228.4M | 206.2M | 152.3M |
| Operating Cash Flow | 389.0M | 328.4M | 335.8M | 337.2M | 329.7M |
| Investing Activities | |||||
| Capital Expenditures | -129.9M | -126.8M | -161.4M | -197.7M | -92.6M |
| Investing Cash Flow | -172.7M | -403.8M | -151.1M | -181.2M | -74.0M |
| Financing Activities | |||||
| Dividends Paid | -203.0M | -195.2M | -186.5M | -175.9M | -167.3M |
| Financing Cash Flow | -257.5M | -88.1M | -222.2M | -274.8M | -84.0M |
| Free Cash Flow | 280.6M | 220.3M | 191.8M | 133.8M | 356.5M |
Cash Flow Trend
Flowers Foods Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.99
Forward P/E
12.45
Price to Book
2.41
Price to Sales
0.67
PEG Ratio
12.45
Profitability Ratios
Profit Margin
4.49%
Operating Margin
7.28%
Return on Equity
16.34%
Return on Assets
6.14%
Financial Health
Current Ratio
1.26
Debt to Equity
87.61
Beta
0.33
Per Share Data
EPS (TTM)
$1.08
Book Value per Share
$6.73
Revenue per Share
$24.07
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| flo | 3.4B | 14.99 | 2.41 | 16.34% | 4.49% | 87.61 |
| Kraft Heinz | 30.7B | 11.84 | 0.62 | 5.35% | 10.44% | 43.55 |
| General Mills | 29.3B | 11.75 | 3.16 | 26.83% | 13.02% | 149.14 |
| Ingredion | 9.0B | 14.69 | 2.25 | 16.31% | 8.53% | 44.53 |
| BellRing Brands | 7.5B | 27.72 | -30.23 | -119.72% | 12.82% | -3.77 |
| Lamb Weston Holdings | 7.6B | 20.99 | 4.62 | 21.64% | 5.75% | 261.31 |
Financial data is updated regularly. All figures are in the company's reporting currency.