Flowers Foods Inc (FLO)

Gross profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Gross profit US$ in thousands 2,526,270 2,458,690 2,303,830 2,155,520 2,191,850
Revenue US$ in thousands 5,103,490 5,090,830 4,805,820 4,330,770 4,387,990
Gross profit margin 49.50% 48.30% 47.94% 49.77% 49.95%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,526,270K ÷ $5,103,490K
= 49.50%

Flowers Foods Inc's gross profit margin has shown some fluctuations over the last five years. Starting at 49.95% on December 31, 2020, it slightly decreased to 49.77% by December 31, 2021. However, there was a more noticeable decline to 47.94% by December 31, 2022, before a slight recovery to 48.30% by December 31, 2023. The most recent data point, as of December 31, 2024, shows an improvement in the gross profit margin to 49.50%. Overall, the trend indicates some variability, with the company experiencing ups and downs in its ability to generate gross profit relative to its revenue.