Flowers Foods (FLO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Flowers Foods

NYSE•Consumer Defensive•Packaged Foods

$5.94-0.15(-0.02%)Market closed

Market Cap

$1.29B

P/E

23.4x

P/S

0.2x

P/B

1.0x

Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. The company's principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, tortillas, baking mixes, and frozen breads and rolls as well as snack items including bars, cakes, cookies, and crackers. The company offers its products under the Nature's Own, DKB, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake brand names. It distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates bakeries. The company's customers include national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries; wholesale distributors; mass merchandisers, supermarkets, vending outlets, and convenience stores; quick-serve chains, food wholesalers, institutions, dollar stores, and vending companies; and public health care, military commissaries, and prisons, and other governmental institutions. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

How this company scores

AverageMetricSide Score: 50/100

Strongest: Balance Sheet & Red Flags (17/25); weakest: Profitability (7/25).

Profitability7/25

Growth10/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality16/25

Strengths

Cash-backed earningsConsistent free cash flowImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 23.4x5y range 14.3x – 41.3x

Currently near its 20-quarter median.

P/S · 0.2x5y range 0.2x – 1.3x

Currently below its 20-quarter median.

P/B · 1.0x5y range 1.0x – 4.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 60.0% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Price & Volume

Market Cap $1.29B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.22B
Q. Revenue: $1.19B
TTM EBITDA: $312.08M
TTM Op. Income: $143.38M
Q. Op. Income: $68.13M
TTM Net Income: $55.17M
Q. Net Income: $40.66M
EPS: $0.19
Shares Out.: $212.13M

$5.22B in TTM revenue grew 2.5% YoY, reaching $1.19B last quarter. TTM EBITDA of $312.08M and TTM operating income of $143.38M show growth is flowing through to the bottom line. TTM net income of $55.17M means revenue is converting into profit. Over the past year, TTM revenue is up 2% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 48.4%
EBITDA Margin: 8.9%
Op. Margin: 5.7%
Net Margin: 3.4%

Op. margin of 5.7% is down 1.8% YoY — costs are rising relative to revenue. Net margin at 3.4% and gross margin of 48.4% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 23.4x
P/S Ratio: 0.2x
P/B Ratio: 1.0x

At 23.4x P/E, the stock trades within typical market levels. P/S of 0.2x and P/B of 1.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.19B
Cash: $52.77M
Long-Term Debt: $1.29B
Book Value: $1.32B
D/E Ratio: 1.0
Debt/EBITDA: 12.1

With $4.19B in assets and $1.29B in long-term debt, D/E is 1.0and book value is $1.32B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $133.69M
TTM Free Cash Flow: $306.06M
FCF Margin: 5.9%
FCF / Net Income: 5.5

TTM FCF of $306.06M on $133.69M in operating cash flow. The FCF / Net Income ratio of 5.5x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 20% — an improving trend.