Flowers Foods Inc (FLO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 248,116 | 123,416 | 228,394 | 206,187 | 152,318 |
| Revenue | US$ in thousands | 5,103,490 | 5,090,830 | 4,805,820 | 4,330,770 | 4,387,990 |
| Net profit margin | 4.86% | 2.42% | 4.75% | 4.76% | 3.47% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $248,116K ÷ $5,103,490K
= 4.86%
Flowers Foods Inc's net profit margin has shown fluctuations over the past five years. In December 2020, the net profit margin stood at 3.47%, indicating that the company retained 3.47% of its revenue as profit. By December 2021, the net profit margin improved to 4.76%, reflecting a more efficient operation and higher profitability. The trend continued in December 2022, with a similar net profit margin of 4.75%.
However, there was a noticeable decline in profitability by December 2023, as the net profit margin dropped to 2.42%. This could indicate challenges or increased costs that impacted the company's bottom line. Nevertheless, Flowers Foods Inc managed to bounce back in December 2024, recording a net profit margin of 4.86%, surpassing the levels seen in the previous years.
Overall, Flowers Foods Inc's net profit margin demonstrates some variability, but the company has shown resilience and the ability to adapt to changing market conditions to maintain a healthy level of profitability.
Peer comparison
Dec 31, 2024