Flowers Foods Inc (FLO)

Net profit margin

		Dec 31, 2023	Oct 7, 2023	Jul 15, 2023	Apr 22, 2023	Dec 31, 2022	Oct 8, 2022	Apr 23, 2022	Dec 31, 2021	Oct 9, 2021	Jul 17, 2021	Apr 24, 2021	Dec 31, 2020	Sep 30, 2020	Jul 11, 2020	Apr 18, 2020	Dec 31, 2019	Oct 5, 2019	Jul 13, 2019	Apr 20, 2019	Dec 31, 2018
Net income (ttm)	US$ in thousands	123,416	136,337	223,595	245,424	214,036	204,291	220,121	206,187	222,689	228,184	229,745	152,318	98,713	97,724	92,900	164,538	183,160	179,432	171,779	157,160
Revenue (ttm)	US$ in thousands	5,090,830	5,044,470	5,003,380	5,211,260	4,660,260	4,605,390	4,464,530	4,330,770	4,370,320	4,332,170	4,340,720	4,387,990	4,282,709	4,259,620	4,209,519	4,123,979	4,086,887	4,043,775	4,009,299	3,951,849
Net profit margin		2.42%	2.70%	4.47%	4.71%	4.59%	4.44%	4.93%	4.76%	5.10%	5.27%	5.29%	3.47%	2.30%	2.29%	2.21%	3.99%	4.48%	4.44%	4.28%	3.98%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $123,416K ÷ $5,090,830K
= 2.42%

The net profit margin of Flowers Foods Inc has shown some fluctuation over the past few years. In the most recent period, as of December 31, 2023, the net profit margin was 2.42%, which indicates that for every dollar of revenue generated by the company, it retained $0.0242 as profit. This figure was slightly lower compared to the previous quarter's net profit margin of 2.70%.

Looking back over a longer timeframe, the trend in net profit margin has been relatively stable, with fluctuations typically within a narrow range. The company's highest net profit margin was recorded at 5.29% on July 17, 2021, while the lowest was at 2.21% on April 18, 2020.

Overall, Flowers Foods Inc has generally maintained a net profit margin above 2%, which suggests a reasonable level of profitability. It is important to consider the company's operational efficiency, cost management, and revenue generation strategies to understand the dynamics behind these fluctuations in net profit margin.