Flowers Foods Inc (FLO)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	172,870	303,215	294,920	321,488	225,428
Revenue	US$ in thousands	5,090,830	4,805,820	4,330,770	4,387,990	4,123,970
Operating profit margin		3.40%	6.31%	6.81%	7.33%	5.47%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $172,870K ÷ $5,090,830K
= 3.40%

Flowers Foods Inc's operating profit margin has shown a declining trend over the past five years. The margin decreased from 5.47% in 2019 to 3.40% in 2023. This suggests that the company's ability to generate profits from its core operations has weakened in recent years. Factors contributing to this decline may include increasing operating expenses, pricing pressures, or inefficiencies in the production process. It is important for Flowers Foods Inc to closely monitor and address the factors impacting its operating profit margin to ensure sustainable profitability in the future.