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.
Peer comparison
Dec 31, 2023