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.
Peer comparison
Dec 31, 2024