Flowers Foods, Inc. (FLO)

Flowers Foods Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 4, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Revenue	5,135	5,103	5,091	4,806	4,331	4,388
Revenue Growth (YoY)	0.26%	0.25%	5.93%	10.97%	-1.30%	6.40%
Cost of Revenue	2,622	2,577	2,632	2,502	2,175	2,196
Gross Profit	2,513	2,526	2,459	2,304	2,156	2,192
Selling, General & Admin	1,993	1,987	1,957	1,797	1,716	1,678
Operating Expenses	2,159	2,147	2,108	1,939	1,853	1,819
Operating Income	354.55	379.59	350.3	365.24	302.97	372.7
Interest Expense	-64.93	-37.13	-36.61	-28.92	-31.53	-38.79
Interest & Investment Income	17.07	17.51	20.58	23.64	23.53	26.7
EBT Excluding Unusual Items	306.68	359.97	334.27	359.96	294.97	360.61
Merger & Restructuring Charges	-42.35	-19.13	-32.33	-52.51	-	-51.03
Gain (Loss) on Sale of Investments	-	-4	-5.5	-	-	-
Asset Writedown	-1.74	-4.1	-1.8	-1	-	-
Legal Settlements	-3.88	-3.8	-137.53	-7.5	-	-
Other Unusual Items	-	-	-	-0.24	-24.2	-108.86
Pretax Income	258.72	328.94	157.11	298.71	270.77	200.71
Income Tax Expense	64.7	80.83	33.69	70.32	64.59	48.39
Net Income	194.02	248.12	123.42	228.39	206.19	152.32
Net Income to Common	194.02	248.12	123.42	228.39	206.19	152.32
Net Income Growth	-19.38%	101.04%	-45.96%	10.77%	35.37%	-7.43%
Shares Outstanding (Basic)	211	211	212	212	212	212
Shares Outstanding (Diluted)	212	212	213	213	213	212
Shares Change (YoY)	-0.12%	-0.57%	0.06%	0.09%	0.32%	0.18%
EPS (Basic)	0.92	1.18	0.58	1.08	0.97	0.72
EPS (Diluted)	0.91	1.17	0.58	1.07	0.97	0.72
EPS Growth	-20.14%	101.72%	-45.79%	10.31%	34.87%	-7.50%
Free Cash Flow	325.35	280.58	220.28	191.82	143.96	356.54
Free Cash Flow Per Share	1.53	1.32	1.03	0.90	0.68	1.68
Dividend Per Share	0.975	0.950	0.910	0.870	0.830	0.790
Dividend Growth	3.72%	4.40%	4.60%	4.82%	5.06%	5.33%
Gross Margin	48.94%	49.50%	48.30%	47.94%	49.77%	49.95%
Operating Margin	6.91%	7.44%	6.88%	7.60%	7.00%	8.49%
Profit Margin	3.78%	4.86%	2.42%	4.75%	4.76%	3.47%
Free Cash Flow Margin	6.34%	5.50%	4.33%	3.99%	3.32%	8.13%
EBITDA	502.23	520.7	487.81	496.99	427.88	497.59
EBITDA Margin	9.78%	10.20%	9.58%	10.34%	9.88%	11.34%
D&A For EBITDA	147.68	141.11	137.51	131.76	124.91	124.89
EBIT	354.55	379.59	350.3	365.24	302.97	372.7
EBIT Margin	6.91%	7.44%	6.88%	7.60%	7.00%	8.49%
Effective Tax Rate	25.01%	24.57%	21.45%	23.54%	23.85%	24.11%

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q