Flowers Foods Inc (FLO)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,410,110 | 1,351,780 | 1,443,290 | 1,411,270 | 1,372,990 |
| ROE | 17.60% | 9.13% | 15.82% | 14.61% | 11.09% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $248,116K ÷ $1,410,110K
= 17.60%
Flowers Foods Inc's return on equity (ROE) has shown some fluctuation over the years.
- In 2020, the ROE stood at 11.09%, indicating that the company generated 11.09 cents of profit for every dollar of shareholders' equity.
- The ROE increased to 14.61% in 2021, reflecting improved profitability and efficiency in utilizing shareholders' equity.
- By the end of 2022, the ROE further improved to 15.82%, suggesting increased returns on the shareholders' investment.
- However, in 2023, the ROE decreased to 9.13%, indicating a decline in profitability or efficiency.
- The most recent data for 2024 shows a significant improvement in ROE to 17.60%, indicating a strong performance in generating returns for shareholders.
Overall, Flowers Foods Inc's ROE has shown a mix of increases and decreases over the years, with the company demonstrating an ability to enhance profitability and generate returns on shareholders' equity, albeit with some variability.
Peer comparison
Dec 31, 2024