Stocktoria

FLOWERS FOODS INC FLO

NYSE · stock · Food and Kindred Products · website · IPO 1980-03-17 · LEI

FLOWERS FOODS INC statistics & valuation

Market cap$1.7B
P / E20.2×
P / S0.3×
P / B1.3×
P / FCF5.3×
Dividend yield12.39%
Net margin1.6%
Return on equity6.4%
FCF margin6.1%
Net debt$1.7B
Net debt / EBITDA5.1×
Enterprise value USD$3.4B
EV / EBITDA10.1×
Earnings yield EBIT/EV5.1%
Return on capital5.4%
Graham number +3.7%$7.44

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($7.44); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.20% 3.80% 4.00% 4.00% 3.50% 4.80% 4.80% 2.40% 4.90% 1.60% 2016201720182019202120222022202320242026
Gross margin (%)
2016201720182019202120222022202320242026
Operating margin (%)
6.70% 4.10% 5.40% 5.50% 7.30% 6.80% 6.30% 3.40% 6.80% 3.30% 2016201720182019202120222022202320242026
Return on equity (%)
13.50% 12.00% 12.50% 13.00% 11.10% 14.60% 15.80% 9.10% 17.60% 6.40% 2016201720182019202120222022202320242026
Shares outstanding
210.4M 210.4M 211.6M 212.0M 212.3M 213.0M 213.2M 213.4M 212.1M 212.1M 2016201720182019202120222022202320242026
Net debt ($)
$802.3M $800.0M $954.3M $855.5M $652.6M $704.7M $726.7M $1.03B $1.02B $1.74B 2016201720182019202120222022202320242026
Share buybacks ($)
2016201720182019202120222022202320242026
Return on assets (%)
5.90% 5.60% 5.50% 5.20% 4.60% 6.30% 6.90% 3.60% 7.30% 2.00% 2016201720182019202120222022202320242026
Free cash flow margin (%)
6.50% 5.70% 5.00% 6.40% 8.10% 4.80% 4.00% 4.30% 5.50% 6.10% 2016201720182019202120222022202320242026
Debt / equity (×)
0.67× 0.64× 0.78× 0.69× 0.70× 0.63× 0.62× 0.78× 0.72× 1.35× 2016201720182019202120222022202320242026
EPS ($)
$0.78 $0.71 $0.74 $0.78 $0.72 $0.97 $1.07 $0.58 $1.17 $0.40 2016201720182019202120222022202320242026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FLOWERS FOODS INC trades at about 17.9× earnings — below its 10-year norm (10-year range 16.7×–39.3×, median 27.6×).

16.7× 39.3×

Shaded band = 10-year range (16.7×–39.3×); dot = today's 17.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2024FY2023FY2022FY2022FY2021FY2019FY2018FY2017FY2016
Operating margin3.3%6.8%3.4%6.3%6.8%7.3%5.5%5.4%4.1%6.7%
Net margin1.6%4.9%2.4%4.8%4.8%3.5%4.0%4.0%3.8%4.2%
FCF margin6.1%5.5%4.3%4.0%4.8%8.1%6.4%5.0%5.7%6.5%
Return on assets2.0%7.3%3.6%6.9%6.3%4.6%5.2%5.5%5.6%5.9%
Return on equity6.4%17.6%9.1%15.8%14.6%11.1%13.0%12.5%12.0%13.5%
Debt / equity1.35×0.72×0.78×0.62×0.63×0.70×0.69×0.78×0.64×0.67×
Current ratio0.751.201.041.431.441.661.051.361.291.40

Computed from company filings · US · as of 2026-01-03. Facts plus Stocktoria's own computed scores — not investment advice.